Azelis stock: Jefferies keeps its EUR 15.00 target

Published on 10/23/2026 at 15:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Azelis revenue fell 2.44 percent to EUR 4.1 billion in 2025. Azelis stock costs EUR 11.74 on October 23, 2026, 3.14 percent below Euronext close.

Analyst target and company figures

Jefferies maintained a EUR 15.00 target and Buy recommendation on October 12, 2026.
Azelis revenue fell 2.44 percent to EUR 4.1 billion in fiscal year 2025.
Azelis stock costs EUR 11.74 at Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST, 3.14 percent below the Euronext close of October 22, 2026.

Azelis, BE0974400328, Illustration mit AI erstellt.

On October 12, 2026, Jefferies maintained a Buy recommendation and a EUR 15.00 price target for Azelis, according to Trivano. The target stands 27.77 percent above the EUR 11.74 price from Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST, which was 3.14 percent below the Euronext Brussels close of October 22, 2026 at EUR 12.12.

Revenue provides a longer view

Azelis reported fiscal year 2025 revenue of EUR 4.1 billion, down 2.44 percent from EUR 4.214 billion in fiscal year 2024. The company's investor-relations page also listed adjusted EBITA of EUR 411 million and an adjusted EBITA margin of 10.00 percent for fiscal year 2025, compared with EUR 470.7 million and 11.20 percent in fiscal year 2024, respectively, according to Azelis.

Stock remains below the yearly high

The Euronext Brussels quote was EUR 11.83 on October 23, 2026 at 2:49 p.m. CEST. Its 52-week range was EUR 6.88 to EUR 13.57, placing the Lang & Schwarz price 13.49 percent below the high. Trading volume stood at 44,817 shares at that time, while the market capitalization was EUR 2.9 billion.

Valuation and investor dates

Azelis carried a price-to-earnings ratio of 25.26 and a trailing dividend yield of 2.00 percent as of October 23, 2026 at 2:49 p.m. CEST. The company is listed on Euronext Brussels under ticker AZE and is included in the BEL20, according to its investor-relations page.

The analyst target gives investors a concrete comparison point, but it does not remove the gap between the current quotation and the company's recent profitability. The 2025 adjusted EBITA margin of 10.00 percent was 1.20 percentage points below the 11.20 percent reported for fiscal year 2024.

What does the target imply?

The EUR 15.00 Jefferies target is 27.77 percent above the Lang & Schwarz price. That distance makes the analyst view a measurable valuation reference rather than a description of the current trading level.

Price and target distance

Azelis stock was trading at EUR 11.74 at Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST, 3.14 percent below the Euronext Brussels close of October 22, 2026 at EUR 12.12. The further course of trading is shown by the continuously updated real-time quote of Azelis stock.