Hensoldt shares: Sentiment brightens!

Defense stocks in the uptrend

Defense stocks have recently been in focus and Hensoldt shares have also benefited from this trend. The defense electronics company has been able to improve its price significantly in recent weeks and months. Since the end of September 2022, the share price has risen by more than 20 percent and is currently trading at around EUR 24.00.

Increased demand due to the war in Ukraine

The increased demand for defense equipment is primarily due to the war in Ukraine. The German government and other Western countries have announced massive investments in the defense industry. This benefits Hensoldt, as the company produces radar technology and other electronics for the military.

Positive analyst voices

Analysts also see further potential in Hensoldt shares. In a recent study, the DZ Bank raised its price target for the stock from 25.00 to 28.00 euros. The analysts justified this with the positive business development and the good prospects for the future.

Sell recommendation withdrawn

A sell recommendation from the US investment bank Jefferies had put pressure on Hensoldt shares in the past. However, this recommendation has now been withdrawn. Jefferies analysts now see Hensoldt as a "buy" and expect the share price to rise to EUR 26.00.

Conclusion

The sentiment for Hensoldt shares has brightened significantly in recent weeks. The increased demand for defense equipment is benefiting the company and analysts also see further potential in the stock. Investors should therefore keep an eye on Hensoldt shares.