SRH AlsterResearch AG Update: wallstreet:online AG - Fully committed; organization and management realigned

wallstreet:online AG (Update) Media MCap EUR 319m BUY, PT EUR 30.00 (+35% potential) Research_update The stage is set for wallstreet:online to drive the integration of Smartbroker into the successful portal business. In the recent weeks, the company recruited a new CEO as well as a CFO with deep knowledge and proven track record. In addition, the company retained its established key personnel, preventing the loss of expertise. By distributing the tasks among several shoulders the management can focus on its strategic goals. So far, the steps taken by wallstreet:online to take the business to a new level are plausible and consistent in our view. We are reiterating our BUY recommendation and maintain our PT at EUR 30.00. For 5 current investment ideas, check our Weekly Screener. This week we are looking for companies that are simply the cheapest (deep value). Please note that AlsterResearch publishes MiFID II compliant research only. For a detailed discussion on MiFID II, please visit https://www.research-hub.de