Jefferies analyst Constantin Hesse maintained a Buy rating on Sixt SE (0NW7 – Research Report) today and set a price target of €95.00.
Constantin Hesse has given his Buy rating due to a combination of factors that highlight Sixt SE’s strong medium-term fundamentals. Despite the potential for a recession that could negatively impact volume and rental prices, Hesse believes that the company’s strategic position and operational strengths make it a compelling investment opportunity.
The stock is currently trading at a price-to-earnings ratio that is reminiscent of previous crisis levels, suggesting that the market may have overreacted to recent sell-offs. This presents a potential upside for investors willing to look beyond short-term market volatility. Hesse’s analysis indicates that the company’s higher share of buy-backs compared to its peers and the likely positive impact from tariffs could mitigate some of the economic pressures, justifying the Buy rating.
Hesse covers the Industrials sector, focusing on stocks such as Nordex, NEL ASA, and PowerCell Sweden AB. According to TipRanks, Hesse has an average return of -10.0% and a 35.05% success rate on recommended stocks.
In another report released on April 3, Warburg Research also maintained a Buy rating on the stock with a €125.00 price target.