Teamviewer: growth continues

Teamviewer’s software solutions are in high demand these days. With the figures for the first quarter, the company has therefore raised its forecast for 2020. Billings of 450 million euros (old: 430 million euros to 440 million euros) are expected. DZ Bank analysts believe that 460 million euros are realistic.

The experts expect earnings per share of EUR 0.84 in the current year. In the coming year there should be an increase of 1.17 euros per paper.

The analysts continue to recommend buying the Teamviewer shares. The target price increases from EUR 56.00 to EUR 61.00.

The experts expect further significant growth at Teamviewer. Remote connectivity should remain a trend for a long time. That is why the experts also give the model a growth premium.

Teamviewer shares are almost unchanged at EUR 51.94.

At a glance – chart and news: TeamViewer

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