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Sixt: Analyst Opinions: Difference between revisions
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January 22, 2024: Buy, €133: Analyst Yasmin Steile of Berenberg says its supply contract with Stellantis carried advantageous terms which reduces residual value risk in North America. She is also confident with Sixt’s current refinancing. Stock up 2%<ref>https://www.finanzen.at/analyse/sixt-se-st-buy-929893</ref>. | |||
January 19, 2024: Analyst Christian Obst of Baader Bank said the company remains on its list of "top picks" despite expectations that it will report pre-tax earnings at the low end of the 2023 specified range. He added that its valuation is low for a proven growth story<ref>https://www.finanzen.net/analyse/sixt_se_st_buy-baader_bank_929694</ref>. | |||
November 27, 2023: Stifel lowered Sixt's price target from 122 euros to 104. The analyst expects its 2024 EBT margin to decline by 1.4% year-over-year due to a drop in rental income from -5% to -8%. Things that will cause the firm to modify its model include how quickly Sixt adjusts its costs, better rental pricing and consumer confidence recovery<ref>https://www.zonebourse.com/cours/action/SIXT-SE-436599/actualite/Sixt-Stifel-reduit-son-objectif-de-cours-sur-le-titre-45441781/</ref>. | November 27, 2023: Stifel lowered Sixt's price target from 122 euros to 104. The analyst expects its 2024 EBT margin to decline by 1.4% year-over-year due to a drop in rental income from -5% to -8%. Things that will cause the firm to modify its model include how quickly Sixt adjusts its costs, better rental pricing and consumer confidence recovery<ref>https://www.zonebourse.com/cours/action/SIXT-SE-436599/actualite/Sixt-Stifel-reduit-son-objectif-de-cours-sur-le-titre-45441781/</ref>. | ||
== References == | == References == | ||