Sixt

Berenberg has upgraded Sixt ordinary shares from “hold” to “buy” and raised the price target from €83 to €91, after which the stock jumped 3.85% to €74.15. The move follows strong half-year results with sales topping €2 billion for the first time and pre-tax earnings up 39.4%. The analyst consensus is “Strong Buy” with an average target of €92.17, while the fair value is €82.47. The next key fundamental checkpoint is Q3 figures on 12 November 2026. » Mere på de.investing.com

Berenberg has upgraded Sixt from "hold" to "buy" and raised the price target from €83 to €91. The share rose intraday close to the August 13 interim high, but gave back some gains and traded up around 3.7% at €74.05. Analyst Yasmin Steilen cites a strong summer travel season for her optimism, expects a focused approach to residual value risks in North America, and sees further positive share momentum from upcoming investor updates with Alexander and Konstantin Sixt. » Mere på de.investing.com

Sixt reports its 20th consecutive record quarter for the second quarter: revenue rose 9.9 percent to nearly €1.2 billion, and pre-tax profit increased 14.6 percent to €123 million. Drivers were strong demand in the Mediterranean region and investment-driven expansion in Spain and Italy; Germany also improved. The average number of vehicles rented during the first half-year was almost 200,000 (+9 percent) and the number of stations rose to 2,300 including franchise partners. Growth in the US is weaker; the company confirms its annual guidance of €4.45–4.6 billion in revenue and an around 10 percent margin. » Mere på manager-magazin.de