Rating System

Our Rating System is simple and structured into 5 steps:

"Buy"
We expect a positive price development and see an upside potential of more
than 15% within the next 6 to 12 months.

"Accumulate"
We expect a rather positive price development and see an upside potential of
more than 7% and up to 15% within the next 6 to 12 months.

"Hold"
We expect a moderate price development and see a price range of +7% to -7%
within the next 6 to 12 months.

"Reduce"
We expect a rather negative price development and see a downward trend of
more than -7% up to -15% within the next 6 to 12 months.

"Sell"
We expect a negative price price development and see a downward potential of
more than 15% within the next 6 to 12 months.

"We observe with regards to chances and risks a lot of important financial and real estate stocks for professional investors. Our rating is a professional expert opinion about the concerning company. "