The RBI faces a challenging balance between growth and inflation, with October CPI inflation rising to 6.21%, the highest in 14 months. Despite calls from government officials for a rate cut to stimulate credit and investment, recent data shows a paradoxical increase in credit growth, raising questions about the effectiveness of higher borrowing costs.
Toronto Dominion Bank increased its stake in DICK'S Sporting Goods, owning 7,322 shares valued at $1.53 million after acquiring 1,650 additional shares. Coldstream Capital Management also raised its position by 5.7%, now holding 10,271 shares worth $2.14 million. Institutional investors control 89.83% of the company's stock, which has a "Moderate Buy" rating from analysts, with a consensus price target of $246.29.
13:27 27.11.2024
Upasana Taku, co-founder of MobiKwik, is a key player in India's fintech sector, leading one of the largest digital payment platforms. Established in 2009, MobiKwik aims to enhance financial inclusion through mobile transactions and is set to make a ₹700-crore public listing, marking it as the only profitable fintech entering the market this year.
UBS maintains a "Buy" rating on ArcelorMittal, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has no involvement in the analysis preparation and holds no conflicts of interest regarding the investment recommendations provided.
13:27 27.11.2024
UBS has reaffirmed its Buy rating on ArcelorMittal, maintaining a target price of €26.5, following the company's update on decarbonization projects in Europe. The group is awaiting clarity on European environmental policies before finalizing investment decisions, emphasizing the need for full visibility to ensure competitiveness amid rising production costs.
13:27 27.11.2024
UBS shares fell 0.8% to CHF 27.53 at midday, remaining 6.90% below their 52-week high of CHF 29.57. The stock has seen a significant recovery, trading 22.19% above its 52-week low of CHF 22.53, with experts predicting a dividend of USD 0.819 for the year. UBS is set to release its Q4 2024 results on February 4, 2025, with anticipated earnings of USD 1.76 per share.
13:26 27.11.2024
The global VR in healthcare market is rapidly expanding, projected to grow from USD 4.05 million in 2023 to USD 21.89 million by 2032, with a CAGR of 27.26%. This growth is driven by increasing R&D spending, technological advancements, and the rising demand for immersive healthcare experiences. Key applications include surgical training, pain management, and mental health therapy, while challenges such as motion sickness and regulatory complexities persist.
International Consolidated Airlines Group, S.A. is a leading European airline, carrying 115.6 million passengers in 2023, with passenger transport accounting for 87.6% of its sales. The company operates a fleet of 582 aircraft, with significant revenue contributions from Spain (17.8%), the UK (34.6%), and the US (17.2%).
13:24 27.11.2024
UBS has maintained a "Neutral" rating for Aroundtown, setting a price target of 2 euros following the release of the real estate group's nine-month figures, which exceeded market expectations, particularly in earnings. Analyst Charles Boissier noted the results were slightly better than anticipated.
13:23 27.11.2024
ING Groep N.V. is the leading financial services group in the Benelux, with retail banking contributing 66.7% to its revenues. The group's revenue distribution includes 33.2% from the Netherlands, 20.9% from Germany, and 17.8% from Belgium. By the end of 2023, it is projected to manage EUR 650.3 billion in deposits and EUR 642.4 billion in loans.
13:20 27.11.2024
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