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Sixt: Analyst Opinions: Difference between revisions
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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>. | 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 per day 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 == | ||