Deutsche Bank research analysts Michael Kuhn and Mengxian Sun have initiated coverage of SFC Energy AG, a leading provider of fuel cells for stationary, portable, and mobile hybrid power solutions based in Brunnthal/Munich, Germany. The analysts have assigned a 'Buy' rating to SFC with a target price of EUR 33.00 per share, offering a 52% upside potential from the Xetra closing price. The study highlights SFC's unique position in the fuel cell market, backed by over 25 years of experience, proven profitability, and independence from government subsidies. SFC is praised for its growth strategy focusing on market penetration, technology development, and pursuing M&A opportunities in high-growth markets like defence and public security. The company's NATO-qualified fuel cell systems are recognized as a distinct advantage, and proactive measures have been implemented to mitigate potential tariff impacts. With a solid balance sheet and attractive valuation, SFC is well-positioned for significant growth in the future, as indicated by the analysts. Overall, the sentiment conveyed in the article is positive about SFC Energy AG's future prospects and growth potential.