Sixt price target raised to EUR 110 from EUR 95 at Jefferies

Jefferies analyst Constantin Hesse raised the firm’s price target on Sixt (SIXGF) to EUR 110 from EUR 95 and keeps a Buy rating on the shares. The firm says the shares are “ripe for a rerating.” Sixt investor sentiment is at a low, expectations have been reset, and its competitive dynamics “are much more rational,” the analyst tells investors in a research note.