Analyst recommendations

(dated: March 09, 2010)

Institut Analyst Recommendation Date
 
Bankhaus Lampe Leslie Iltgen Hold March 2010
CA Cheuvreux Oliver Reinberg Underperform February 2010
Commerzbank Yasmin Moschitz Hold February 2010
DZ Bank Michael Bissinger Buy March 2010
Equinet Edouard Aubery Buy March 2010
fairesearch unter dem Label
von CBS Research
Dr. Martin Schnee Sell February 2010
HSBC Christian Packebusch Underweight January 2010
LBBW Philipp Eble Hold February 2010
M.M. Warburg Eggert Kuhls Buy February 2010
NORD/LB Holger Fechner Hold February 2010
Sal. Oppenheim Ludger Mues Neutral January 2010
UniCredit Dr. Silke Stegemann Hold February 2010


To the best of our knowledge, the list includes the main sell-side analysts who rate Dräger. Dräger cannot guarantee that the information provided includes all of the reports by market analysts.

The opinions, predictions, estimates and forecasts expressed by the analysts in the list regarding Dräger’s performance only reflect the views of these analysts and do not represent the opinions, predictions, estimates and forecasts of Dräger or the general partner, Drägerwerk AG & Co. KGaA. The fact that Dräger has published the names of the analysts does not mean that the Company endorses or agrees with their reports, conclusions or recommendations. Dräger does not accept any liability for the accuracy of the presentation.

This list is purely for information purposes and is not an invitation to buy, hold or sell securities.