RTL Group

Analyst updates, 14.11. 👇🏼

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- JEFFERIES raises the price target for TESLA from USD 195 to USD 300. Hold. $TSLA (+0,22%)

- WARBURG RESEARCH raises the price target for INIT from EUR 49.50 to EUR 53. Buy $INIT

- WARBURG RESEARCH raises the price target for DEUTSCHE BANK from EUR 21.10 to EUR 21.30. Buy. $DBK (+0,21%)

- DEUTSCHE BANK RESEARCH raises the price target for AUTO1 from EUR 11 to EUR 12. Buy. $AG1 (+0,39%)

- DEUTSCHE BANK RESEARCH raises the price target for SIEMENS ENERGY from EUR 43 to EUR 52. Buy. $ENR (+0,34%)

- BERENBERG raises the price target for SCOUT24 from EUR 83 to EUR 110. Buy. $G24 (+0,06%)

- GOLDMAN raises the target price for RIVIAN from USD 10 to USD 12. Neutral. $RIVN (+0,52%)

- GOLDMAN raises the price target for MOLLER-MAERSK from DKK 12000 to DKK 12300. Neutral. $MAERSK B (+0,08%)

- UBS raises the price target for CISCO from USD 55 to USD 62. Neutral. $CSCO (-0,01%)

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- WARBURG RESEARCH downgrades PORSCHE SE from Buy to Hold and lowers price target from EUR 60 to EUR 36. $PAH3 (+0,16%)

- WARBURG RESEARCH lowers the price target for EXASOL from EUR 6.30 to EUR 6. Buy. $EXL (-0,37%)

- WARBURG RESEARCH lowers the price target for BRENNTAG from EUR 75 to EUR 69. Buy. $BNR (+2,68%)

- WARBURG RESEARCH lowers the price target for INFINEON from EUR 43 to EUR 39. Buy. $IFX (+0,54%)

- DEUTSCHE BANK RESEARCH lowers the price target for VERBIO from EUR 20 to EUR 17. Hold. $VBK (-0,72%)

- DEUTSCHE BANK RESEARCH lowers the price target for JENOPTIK from EUR 45 to EUR 39. Buy. $JEN (+0,14%)

- DEUTSCHE BANK RESEARCH lowers the price target for ELRINGKLINGER from EUR 6 to EUR 4.50. Hold. $ZIL2 (-0,19%)

- DEUTSCHE BANK RESEARCH lowers the price target for BAYER from EUR 29 to EUR 23. Hold. $BAYN (-0,05%)

- HAUCK AUFHÄUSER IB lowers the target price for SAF-HOLLAND from EUR 30 to EUR 28. Buy. $SFQ (+0,23%)

- KEPLER CHEUVREUX lowers the target price for RWE from EUR 40 to EUR 36. Buy. $RWE (+0,13%)

- METZLER lowers the price target for JUNGHEINRICH from EUR 42 to EUR 38. Buy. $JUN3 (-0,54%)

- BARCLAYS lowers the target price for RTL from EUR 33 to EUR 26.50. Equal-Weight. $RTLL (+0,73%)

- BERENBERG downgrades VESTAS from Buy to Hold and lowers target price from DKK 180 to DKK 120. $VWS (+0,37%)

Earnings summary, 13.11. 👇🏼

Allianz Q3 24 Earnings: $ALV (+0,65%)

- Oper Profit EU3.94B (est EU3.76B)

- Rev EU42.8B, With Records of 14% Op Profit Growth (Q/Q)

- Sees FY Oper Profit In In Upper Half Of EU13.*B -EU15.8B

Porsche SE
$P911 (+0,1%) reports a drop in profit to 2.5 billion euros after tax in the first nine months, compared with 3.8 billion euros in the previous year, and confirms its annual forecasts for profit and net debt. Despite the challenges in the automotive industry, the holding company is attempting to further diversify its investments and has reduced its net debt to 5.1 billion euros.

Renk
$DE000RENK730 (+0,72%) increased sales by over 19 percent to 778 million euros in the first nine months, driven by demand in the maintenance business and Vehicle Mobility Solutions. Despite an 8.1 percent increase in adjusted EBIT, the margin falls and net profit drops to EUR 7 million due to higher taxes, while the annual targets are confirmed.

The RTL Group $RTLL (+0,73%) expects consolidated revenues to increase to EUR 6.3 billion in 2024, which is below previous expectations, and anticipates an EBIT at the lower end of the range of EUR 700 to 800 million. Revenue in the third quarter fell by 5.5% to €1.3 billion, while the Group's streaming services recorded 6.5 million subscribers.

Auto1
$AG1 (+0,39%) raises its profit forecast for 2024 to between 72 and 84 million euros after the third quarter exceeded expectations with an operating profit of 34.3 million euros. Vehicle sales increased by 26 percent year-on-year to 176,632 units, while turnover grew by 24 percent to 1.6 billion euros.

Heidelberger Druckmaschinen
$HBGRY achieved a profit of 7 million euros in the second quarter, following a loss in the first quarter. Sales fall by just under seven percent to 512 million euros, while adjusted EBITDA falls to 40 million euros; the annual targets are confirmed.

TAG Immobilien
$TEG (+0,14%) generates a profit of 30 million euros in the first nine months, after a loss of just under 275 million euros in the previous year, and expects a slightly positive operating profit trend for 2024. For the year as a whole, the real estate group expects an operating profit at the upper end of the forecast of EUR 170 to 174 million and further valuation gains in Poland for 2025.

The Deutsche Pfandbriefbank
$PBB (-0,35%) recorded a net profit of 37 million euros in the third quarter, almost five times as much as in the previous year, thanks to lower loan loss provisions. Despite a six percent decline in income, the bank remains behind the previous year with new business of 2.5 billion euros, but sees itself on course for higher profits by 2027.

Ströer
$SAX (+0,11%) recorded an increase in revenue of 2.5% to just under EUR 496 million in the third quarter, while the adjusted operating result rose by 6.1% to almost EUR 157 million. Co-CEO Christian Schmalzl expects high single-digit growth in the out-of-home advertising business for the year as a whole.

$RTLL (+0,73%) oh dear the ratings for Raab were still so good 📉

16.09.2024

Stock markets on the way to new ATHs + Inflation in the USA on the decline + Recession just avoided thanks to interest rate cuts + RTL share in focus?

Sentiment on the stock markets has improved again, investors are in record mood again. Inflation in the USA is still on the decline.

The ECB has cut interest rates as expected, Further interest rate cuts are likely to followalthough probably not immediately.

And it is a foregone conclusion that the US Federal Reserve will also cut interest rates next week. However, the most important reason why the stock markets are rising again is the belief among investors that the central banks have initiated the cycle of interest rate cuts just in time, to avoid a recession.

After the ECB, the US Federal Reserve's monetary policy decision is on the agenda this week. It is a foregone conclusion that the monetary authorities will cut key interest rates. The only question is whether it will be just 25 basis points (bp) or 50 bp. The stock markets would probably welcome a major move in an initial reaction, but only briefly, as such a move would possibly trigger new growth concerns. According to Commerzbank, a cut of 50 bp could be evidence for many investors that the Fed is really worried about the economy and may have waited too long to turn interest rates around. The Fed is unlikely to want to give such an impression.

After the boxing match on Saturday between Stefan Raab and Regina Halmig, the RTL share $RTLL (+0,73%) could get a boost. The reason for this is that Stefan Raab wants to do shows again. There you can apply and win €1 million every week. Now RTL has a hook, in addition to American football, to lure people out of their pockets to subscribe to RTL+. Because the two programs mentioned can largely only be watched via RTL. A large increase in current subscriptions could therefore provide a boost.

Monday: Stock market dates, economic data, quarterly figures

Stock exchange holiday China, Japan and Luxembourg

ex-dividend of individual stocks

Merck & Co USD 0.77

Quarterly figures / Company dates Europe

11:30 Merck KGaA: PK - Merck & Siemens enter into strategic partnership

Untimed: Meyer Burger half-year figures

Economic data

• 08:00 DE: Wholesale prices August
• 10:00 EU: ECB, results of the Survey of Monetary Analysts
• 11:00 EU: Trade Balance July | Labor Costs 2Q
• 11:30 DE: Government Pk, Berlin
• 12:00 DE: Bundesbank, monthly report
• 14:00 LU: ECB Chief Economist Lane, speech at meeting of European Chief Economists
• 14:30 US: Empire State Manufacturing Index September FORECAST: -4.0 previous: -4.7

Hello!

What do you think?

Will all 3 rise again until the divi distribution?

$O2D (+0,05%)

$RTLL (+0,73%)

$PBB (-0,35%)

For next month just added pair of shares to the savings plan.

New are now:

$C (+0,05%)

$TA (-1,44%)

$DGE (+0,24%)

$BLK

$V (+0,04%)

$O (-0,27%)

$JNJ (-0,17%)

$GOOD (-0,58%)

$RTLL (+0,73%)

$NWO

$BAS (+0,6%)

A wonderful Sunday evening investment friends. I would like to present you the latest update of the Woddicks strategy. Tomorrow, RTL Group leaves us for good with a whopping 36%😖 loss.

Sometimes you have to admit to bad investments and get away from them.

Otherwise, there are virtually no changes from the previous week :)

Let's see if the recovery next week halfway through or we have seen another dead-cat-bounce here😆😿

If you're interested in all-Sunday updates on my strategy, feel free to follow me ;)

$RTLL (+0,73%)

Large media company and strong dividend. Thinking about it,,,

Great dividend, but unfortunately the price has fallen sharply since I joined. Is it all down to the price of gas?