Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 19/02/2020

Pourquoi cette résilience du marché actions dans un contexte pourtant peu favorable à la dynamique bénéficiaire ? Une quantification historique du niveau de la prime de risque et de ses dérivés (Spread Earnings Yield – Bund) confirme le niveau attractif du marché actions par rapport au taux sans risque. Elle offre une protection à la baisse. En revanche le niveau faible de l’earnings yield cappe le potentiel et rend le marché vulnérable à une révision baissière des BPA, probable du fa...
Underlyings
Deutsche Telekom AG

Deutsche Telekom is engaged in the telecommunications services and information technology sectors. Co. operates as an integrated telecommunications provider. It is organized into four operating segments: Germany, Europe, and the United States; and Systems Solutions, as well as Group Headquarters and Shared Services. Co. provides fixed-network lines, broadband lines and mobile communications. Co. also provides customized Information and Communication Technology (ICT) solutions for corporate customers under the T-Systems brand. The Group Headquarters and Shared Services segment comprises cross-segment management functions, real estate services, and mobility solutions, among others.

InterContinental Hotels Group PLC

InterContinental Hotels Group is a hotel companies. Co.'s hotel brands are InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Hualuxe Hotels & Resorts, Hotel Indigo, EVEN Hotels, Crowne Plaza Hotels & Resorts, Holiday Inn, Holiday Inn Express, Staybridge Suites, Holiday Inn Club Vacations, Holiday Inn Resorts, Candlewood Suites, and Avid Hotels. As of Mar 2 2017, Co.'s had total hotels of 5,348 with 4,433 franchised, 907 managed, eight owned and leased hotels, and 1,655 total hotels in the pipeline.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Johanna Jourdain

Other Reports on these Companies
Other Reports from Oddo BHF
Martijn Den Drijver
  • Martijn Den Drijver

ResearchPool Subscriptions

Get the most out of your insights

Get in touch