Valamar Riviera confirmed at HOLD, TP HRK 30 - This summer, let's go camping in Croatia
The current unprecedented crisis of the travel and tourism sector will challenge the industrys proven robustness to business cycles and terrorism. Still, even in this situation there will be winners, survivors and losers. We are quite optimistic that Valamar Riviera will weather the storm without any long-lasting deterioration of its liquidity and solvency position if the possibility of a second wave remains low throughout 2H20e and FY21e. On the other hand, accelerated efforts towards digital transformation could even create an opportunity for hospitality companies to emerge out of this crisis as more efficient and resilient to short-term disruptions.
The Institutional Equity Research team of Raiffeisen Bank International AG covers 85 stocks from Austria, Central & Eastern Europe with sell-side research and thus levers our local broker status with excellent company relationships. For corporates in Austria, CEE and Western Europe, we offer co-sponsored research, which includes research coverage and marketing activities to investors. Additionally, through our Spotlight Research product we also shed light on leading European small and micro-caps, seeking greater visibility with investors.
The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.