Storm Ignatz this week shook Germany up and not only caused unplanned breaks and changes of course for some train travelers.

It was similarly unsteady on the German stock exchange this week.

A unified direction could not be seen.

For many investors there are apparently too many risks in the room at the moment: be it the high energy prices, the scarce raw materials or the uncertainty about what a new federal government could bring with it.

Analysts do not seem intimidated by such concerns.

If they have their way, a number of the German standard values ​​listed in the Dax are hopelessly undervalued.

Tim Kanning

Editor in business.

  • Follow I follow

Example Bayer.

The share of the Leverkusen chemical and pharmaceutical company has been bobbing around its current price level of 48 euros for months.

Regardless of this, the analysts of many major banks consider prices between 66 euros (Deutsche Bank) or even 71 euros (Goldman Sachs) to be realistic.

Even UBS went one step further this week, announcing a price target of 85 euros for the Leverkusen-based company - which would correspond to a price increase of a full 75 percent and would make Bayer a price rocket.

75 percent price increase for Telekom

The expectations of Deutsche Telekom are similarly high. After a short excursion close to the 19 euro mark a few weeks ago, the price has already returned to the long-term level of 16 euros. The analysts see plenty of potential in the magenta-colored group, from the flourishing American business to the multiply usable transmitter masts. Deutsche Bank has given its price target for the Bonn-based group this week at EUR 26, which would mean an increase of 60 percent for shareholders. The colleagues from the American bank JP Morgan even consider a price increase of 70 percent possible, the analysis company Bernstein Research even believes 75 percent possible.

In the case of other values, too, the price targets given by the analysts are sometimes well above the current prices.

At Volkswagen, for example, Goldman Sachs, UBS and the Royal Bank of Canada are expecting a share price increase of more than 50 percent.

In the case of Dax newcomer Siemens Energy, all analysts even consider an average of a good third to be appropriate.

So time for a bargain hunt in the Dax?

Be careful.

Last but not least, the Wirecard case has shown that analysts can be damn wrong with their assessments;

and in the end their employers want to sell shares.

And yet: instead of always looking at Apple and Tesla, “buy local” could definitely be worthwhile for German investors.

Keywords: storm ignatz, stocks, german, investors, values, stock market, deutsche bank, tesla, apple, dax, bargains, potential, changes, course, train