Jefferies starts coverage of Wienerberger stock with EUR 16 target

Published on 10/16/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies set a EUR 16.00 target on October 14, 2026. Wienerberger stock was at EUR 15.89 on October 16, 2026.

Analyst coverage and guidance

Jefferies began coverage with a Hold rating and a EUR 16.00 target on October 14, 2026.
Wienerberger lowered 2026 operating EBITDA guidance to EUR 640-650 million on October 6, 2026.
Wienerberger stock traded at EUR 15.89 at 9:13 a.m. CEST at Lang & Schwarz on October 16, 2026.
The first-nine-month report is scheduled for November 12, 2026.

Wienerberger, AT0000831706, Illustration mit AI erstellt.

Wienerberger (ISIN AT0000831706) was at EUR 15.89 at Lang & Schwarz on October 16, 2026 at 9:13 a.m. CEST as Jefferies began coverage with a Hold rating and a EUR 16.00 price target. The analyst view followed Wienerberger's second reduction of its 2026 operating EBITDA guidance to EUR 640-650 million, announced on October 6, 2026.

Jefferies sees limited near-term catalysts

According to Yahoo Finance on October 14, 2026, Jefferies said recovery catalysts were more likely to emerge in 2027. Its target was based on six times 2028 enterprise value to core earnings, while the brokerage forecast 2026 operating EBITDA of EUR 645 million against consensus of EUR 646 million.

The company had guided to operating EBITDA of about EUR 700 million in July and more than EUR 800 million in February. The October update therefore shifted the operating range to EUR 640-650 million, while third-quarter revenue was expected at EUR 1.2-1.3 billion and operating EBITDA at EUR 170-180 million, according to Wienerberger.

Three dates frame the stock

On August 12, 2026, second-quarter revenue reached EUR 1.41 billion, while operating EBITDA fell to EUR 230 million, according to Investing.com. On October 6, 2026, Wienerberger set the EUR 640-650 million operating EBITDA range. On October 14, 2026, Jefferies set its EUR 16.00 target.

What comes next for Wienerberger?

The next quantified test is the first-nine-month report, scheduled for November 12, 2026. Wienerberger said the release will also include an update on the strategic review and accelerated cost optimization measures. For investors, the central question is whether those measures can offset weaker residential construction demand in the UK, the US and Canada.

Stock trades below the EUR 16 target

Wienerberger stock was trading at EUR 15.89 at Lang & Schwarz on October 16, 2026 at 9:13 a.m. CEST. That price was EUR 0.11 below Jefferies' EUR 16.00 target dated October 14, 2026.

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