Report

DWS : Il est déjà temps de changer de rythme

La baisse du point mort est impérative face à l’industrialisation du secteur. Un Cost/Income inférieur à 65% (S1 2018 = 74%) suppose des décisions radicales sur les coûts, les Etats-Unis et les faiblesses structurelles. OC de 23.9 € sur la base de prévisions inférieures au consensus. Recommandation Neutre dans l’attente d’inflexions rapides. - >La baisse vitale du C/I ne peut reposer sur la hausse des marchés - DWS affiche un C/I de 74% en S1 2018 (Amundi 50.5%) et vis...
Underlying
DWS Group GmbH & Co. KGaA

DWS Group GmbH & Co KgaA is a Germany-based company that provides integrated investment solutions. The Company offers active, passive and alternative investments across a wide range of asset classes, including Hedge Funds, Sustainable Investments, Private Equity, Liquid Real Assets, Real Estate, Equities and Fixed Income. It invests primarily in the areas of environmental, social and governance. The Company's clients include corporations, central banks, insurers, pension funds, public institutions, financial institution, not-for-profit organizations, as well as private investors. The Company is active in around 22 countries in Europe. Deutsche Bank AG is a majority shareholder of the Company.

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.

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch