Sixt SE (0NW7 – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Constantin Hesse from Jefferies maintained a Buy rating on the stock and has a €110.00 price target.
Constantin Hesse has given his Buy rating due to a combination of factors influencing Sixt SE’s financial performance and market position. The company reported a strong fourth quarter with revenues exceeding expectations by 5%, demonstrating robust vehicle utilization and favorable vehicle sourcing conditions. These factors contribute to a positive outlook for residual values in 2025, despite a conservative guidance for that year.
Moreover, while the earnings before tax (EBT) came in slightly below expectations, the overall margin guidance remains aligned with market consensus. The solid travel outlook and improved pricing discipline among competitors suggest potential for upgrades throughout the year. Given the stock’s underperformance so far, Hesse anticipates a positive market reaction, particularly focusing on the EBT guidance of around 10%, which supports the Buy recommendation.
In another report released on February 12, Warburg Research also maintained a Buy rating on the stock with a €135.00 price target.