Voestalpine Shares Surge as UBS Issues Bullish Upgrade

In a significant move that has captured market attention, UBS has dramatically revised its outlook on Austrian steel producer Voestalpine. The Swiss banking giant has elevated its rating from “Neutral” to “Buy” while substantially increasing its price target from €26 to €43—representing a striking 65 percent upward revision.

The substantial revaluation stems from Voestalpine’s robust operational performance and strategic positioning. UBS analysts highlight the company’s impressive cash generation and potential to benefit from any forthcoming European industrial recovery as key justifications for their upgraded assessment.

Recent financial results substantiate this optimistic view. During the first half of the 2025/26 fiscal year, Voestalpine’s operational cash flow doubled to reach €783 million. Read more...