DGAP-News: FinLab AG: Hauck & Aufhaeuser starts coverage of FinLab AG; BUY recommendation with a target price of EUR 19.20 per share

Hauck & Aufhaeuser starts coverage of FinLab AG
BUY recommendation with a target price of EUR 19.20 per share

Frankfurt am Main, 08.06.2017 - Hauck & Aufhaeuser Privatbankiers KGaA (H&A), one of the leading private and investment banks in Germany, has published today an initial research report about FinLab AG (ISIN DE0001218063). The analysts at H&A issued a BUY recommendation for FinLab, with a target price of EUR 19.20 per share.

On Wednesday, 6 June 2017, FinLab stock closed on XETRA at EUR 15.43 per share. This means H&A's analysis credits FinLab AG with upside potential of nearly 20%.

The full study is now available via FinLab AG (Investor Relations) or directly via Hauck & Aufhaeuser (www.ha-research.de).
 

About FinLab AG:
Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the first and largest company builders and investors focused on the Financial Services Technologies ("fintech") sector in Europe. FinLab focuses on developing German fintech start-ups and providing venture capital for their financial needs, whereas in each case the aim is a long-term participation and on-going support of the investment. FinLab also invests globally, as part of venture rounds, in fintech companies, primarily in the USA and Asia.

Contact:
FinLab AG
Kai Panitzki
Tel: +49 69 719 12 80 0
E-Mail: [email protected]