Coverage Initiation

First Berlin Equity Research on 25/04/2016 initiated coverage on German Startups Group Berlin GmbH & Co. KGaA (ISIN: DE000A1MMEV4/ Bloomberg: GSJ GR). Analyst Christian Orquera placed a BUY rating on the stock, with a EUR 4.20 price target. Abstract: The primary focus of German Startups is the acquisition of minority holdings in high growth potential start-ups within the IT and Internet sectors in the German-speaking market. Despite GSG's brief 3.5 year history, the company has rapidly built up...