Montega keeps EUR 46.00 target for Porr stock with 43.75 percent upside

Published on 10/27/2026 at 16:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue was EUR 2.93 billion, down 1.10 percent. Porr stock costs EUR 32.00 on October 27, 2026, up 0.95 percent versus the Xetra close.

Montega target and first-half figures

On October 20, 2026, Montega maintained its EUR 46.00 target and Buy rating for Porr.
First-half 2026 revenue reached EUR 2.93 billion, while net income rose 38.00 percent to EUR 28.00 million.
Porr stock costs EUR 32.00 at Lang & Schwarz on October 27, 2026 at 4:45 p.m. CEST, 0.95 percent above the Xetra close of October 26, 2026.

Porr, AT0000609607, Illustration mit AI erstellt.

Montega maintained its Buy rating and EUR 46.00 12-month price target for Porr on October 20, 2026, as reported by Quim Abril. The target is 43.75 percent above Porr's EUR 32.00 price at Lang & Schwarz on October 27, 2026 at 4:45 p.m. CEST, which was 0.95 percent above the Xetra close of October 26, 2026 at EUR 31.70.

First-half earnings improve

Porr's first-half 2026 revenue reached EUR 2.93 billion, down 1.10 percent from the first half of 2025, while net income rose 38.00 percent to EUR 28.00 million. Earnings per share increased to EUR 0.71 from EUR 0.53. These figures were reported by Simply Wall St for the period ended June 30, 2026.

The earnings mix is important for the valuation. Revenue contracted modestly, but net income and earnings per share advanced against the prior-year period, leaving the company with a first-half profit margin of 1.00 percent versus 0.70 percent previously, according to Simply Wall St.

Target gap remains substantial

Montega's EUR 46.00 target implies 43.75 percent upside from the Lang & Schwarz price. The October 20, 2026 commentary also cited a 9.80 times estimated 2026 price-to-earnings ratio for Porr against 13.40 times for Strabag, a comparison that places the Austrian construction group at a lower earnings multiple, as reported by Quim Abril.

When are the next results due?

Porr's next reported date is November 18, 2026, when the company is scheduled to publish third-quarter results, according to MarketScreener. That release will show whether the first-half improvement in profit conversion continued into the second half.

Porr stock stays below target

Porr stock was trading at EUR 32.00 at Lang & Schwarz on October 27, 2026 at 4:45 p.m. CEST, up 0.95 percent versus the Xetra close of October 26, 2026 at EUR 31.70. The price remains materially below the EUR 46.00 target cited by Montega.

The further course of trading is shown by the continuously updated real-time quote of Porr stock.