Jefferies reaffirms Buy for RENK Group stock. Price gains 1.75 percent

Published on 10/15/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies kept Buy on October 8, 2026. RENK Group stock costs EUR 35.41 on October 15, 2026, 1.75 percent above Xetra close.

Order visibility and reporting dates

Patria placed a EUR 30.0 million follow-on order with deliveries scheduled for 2027.
First-half revenue reached EUR 1.366 billion on August 6, 2026.
RENK Group stock trades at EUR 35.41 at 12:22 p.m. CEST at Lang & Schwarz on October 15, 2026, 1.75 percent above the Xetra close of October 14, 2026.

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RENK Group (ISIN DE000RENK730) stock was trading at EUR 35.41 at Lang & Schwarz on October 15, 2026 at 12:22 p.m. CEST, up 1.75 percent versus the Xetra close of October 14, 2026 at EUR 34.80. The latest investor focus is a EUR 30.0 million Patria follow-on order and Jefferies' continued Buy rating.

According to Markets Insider on October 8, 2026, Jefferies maintained its Buy rating on RENK Group. The same report cited second-quarter 2026 revenue of EUR 353.59 million and net profit of EUR 14.48 million, compared with EUR 347.53 million and EUR 30.36 million a year earlier.

Order book meets earnings pressure

Borse Global reported that Patria ordered HSWL-076 transmissions for the TRACKX vehicle family for EUR 30.0 million, with deliveries scheduled to begin in 2027. The order is modest beside RENK's first-half 2026 order backlog of EUR 7.4 billion, but it adds visibility to the vehicle mobility business.

The more important investor test is conversion into profit. In the second quarter of 2026, revenue increased to EUR 353.59 million from EUR 347.53 million, while net profit fell to EUR 14.48 million from EUR 30.36 million. That combination makes margins and delivery timing more important than the headline order value.

Three dates frame the stock

RENK's recent chronology runs from first-half revenue of EUR 1.366 billion reported on August 6, 2026, to J.P. Morgan's EUR 75.00 to EUR 62.00 target cut dated September 28, 2026, and Jefferies' Buy reaffirmation dated October 8, 2026, with quarterly revenue of EUR 353.59 million cited in the same report.

What does the order mean for earnings?

The answer depends on execution rather than order count. The EUR 30.0 million Patria contract is small against the EUR 7.4 billion backlog, while the second-quarter profit comparison shows why investors are watching operational scaling closely.

Two dates now provide the next evidence: RENK scheduled a pre-close call for October 21, 2026, and its first nine-month report for November 5, 2026, according to Borse Express.

Price remains near the yearly low

RENK Group's EUR 35.41 Lang & Schwarz price remains close to the EUR 33.48 52-week low and well below the EUR 70.66 high, both as of October 15, 2026. The current quote is 1.75 percent above the Xetra close of October 14, 2026 at EUR 34.80, putting the daily move above the 1.00 percent headline threshold but below the 2.00 percent level for a price-led story.

RENK Group stock was trading at EUR 35.41 at Lang & Schwarz on October 15, 2026 at 12:22 p.m. CEST, 1.75 percent above the Xetra close of October 14, 2026 at EUR 34.80. The further course of trading is shown by the continuously updated real-time quote of RENK Group stock.