Mostostal Zabrze stock: BDM lifts target to PLN 7.84

DM BDM raised its price target for Mostostal Zabrze in a report dated October 14, according to a Bankier.pl report published on October 21. The brokerage maintained its buy recommendation and cited a stronger order portfolio in the construction and assembly business for 2027.

Why BDM raised its valuation

The target was increased from PLN 7.73 to PLN 7.84 per share. The report was issued at a share price of PLN 6.74 and described the valuation as undemanding, citing an expected 2027 EV/EBITDA multiple of 3x.

According to the report, Mostostal Zabrze had secured important orders from private-sector customers Qumetica and Czechoslovak Group with a combined value of about PLN 0.5 billion. BDM also pointed to the company's share buybacks during the year and expected net cash to represent about one third of market capitalization at year-end.

Risks remain in production

BDM said the machinery business was undergoing restructuring and diversification, with effects expected in the second half of 2027. The analysts also described the outlook for Polwax as less clear because the business has significant assets but has not been able to use them effectively.

The brokerage forecast EBITDA of PLN 71.5 million for 2026 and PLN 92.6 million for 2027. These are analyst estimates from the report, not company guidance.

Share price context

The latest licensed Lang & Schwarz snapshot showed Mostostal Zabrze at 1.51 euros on October 29, 2026, at 22:59:56 Berlin time. A verified dated Xetra closing price for the relevant comparison session was not available, so no Xetra daily percentage change is stated. Investors can also view the real-time quote of Mostostal Zabrze stock.

Polish equities are followed in the broader context of the WIG 20 market.

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