Sixt SE : Favourable momentum on the summer season – target price raised to € 144
>Favourable momentum on the summer season - In a contact with the group, we got an update on recent trends and are now more confident on the next few quarters: the newsflow is clearly improving thanks in large part to vaccination campaigns which are now well advanced, not only in the US but also in several European countries (with a lag of 6 to 8 weeks). In recent weeks, several press reports have alluded to a significant uptick in car rental prices for the summe...Sixt is a parent company that acts as the holding company. Through its subsidiary, Co. is an international provider of mobility services. With its Vehicle Rental and Leasing Business Units Co. provides its customers tailor-made products that provide mobility of a few minutes to several years. In the Vehicle Rental Business Unit Co. has a network of stations with an almost worldwide presence through its own rental offices as well as through cooperation with franchisees and cooperation partners. Through its Leasing Business Unit Co. is a non-bank, vendor-neutral leasing companies. In addition, Co.'s franchisees and cooperation partners provides lease financing and services.
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.
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