on HORNBACH Holding AG & Co. KGaA (NASDAQ:HBBHF)
HORNBACH Expansion and Market Growth Potential
HORNBACH Holding AG & Co. KGaA is set to expand its presence in Germany and Europe by opening several new locations in spring 2027. Of these new sites, six will come from former competitor Hellweg. This strategic move is poised to offer significant additional revenue potential and increase market share for HORNBACH.
The company is also focusing on expansion within existing countries and Serbia, aiming to reach approximately 200 DIY megastore locations in the coming years. This growth strategy aligns with the Quirin Privatbank Kapitalmarktgeschäft's Buy recommendation for HORNBACH, setting a target price of EUR 110. Analyst Ralf Marinoni supports this optimistic outlook.
R. E.
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