Analysts’ recommendations

Analyst	Institute	Recommendation	Date
Eggeling	Oddo BHF	Buy	12 July 2018
Laskawi	Deutsche Bank	Hold	10 July 2018
Radlinger	UBS	Neutral	10 July 2018
Gommel	Credit Suisse	Neutral	06 July 2018
Pieper	Metzler	Buy	06 July 2018
Tonn	Warburg Research	Buy	05 July 2018
Punzet	DZ Bank	Buy	03 July 2018
Glowa	Hauck & Aufhäuser	Buy	22 June 2018
Teng	Berenberg	Buy	24 May 2018
Cosman	HSBC	Buy	22 May 2018
Raab	Kepler Cheuvreux	Reduce	17 May 2018
Schwope	Nord LB	Buy	17 May 2018
Ludwig	Bankhaus Lampe	Hold	16 May 2018
Steilen	Commerzbank	Hold	16 May 2018
Asumendi	J.P. Morgan	Neutral	16 May 2018
Kukalj	Quirin Privatbank	Buy	16 May 2018
Schuldt	equinet	Neutral	21 March 2018
Biller	Landesbank Baden-Württemberg	Hold	27 November 2017
Diermeier	Independent Research	Hold	16 November 2017
Breitsprecher	Macquarie	Neutral	16 November 2017
Treisch	MainFirst	Outperform	15 November 2017

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