Jefferies analyst Martin Comtesse maintained a Buy rating on Sixt SE (0NW7 – Research Report) today and set a price target of €110.00.
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Martin Comtesse’s rating is based on several factors contributing to a positive outlook for Sixt SE. The company currently faces a favorable environment due to a promising travel sector, which is likely to enhance their performance. Additionally, the normalization of purchasing conditions for their 2025 fleet and the stabilization of residual values further strengthen their market position.
Looking ahead, peers like Hertz and Avis have shown improved utilization strategies, which can be beneficial for Sixt’s future prospects. The possibility of lower interest rates also adds potential financial advantages, making the stock more appealing. With these considerations in mind, the stock’s valuation on an 11.8x 2025 PE and a 4.5% dividend yield appear attractive, justifying the Buy rating.
According to TipRanks, Comtesse is an analyst with an average return of -0.8% and a 43.86% success rate.
In another report released on February 12, Warburg Research also maintained a Buy rating on the stock with a €135.00 price target.
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