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ubs rates santander a buy with target price of 620 euros

UBS has maintained a 'Buy' rating on Santander, setting a target price of 6.20 euros. Analyst Ignacio Cerezo highlights the bank's diversified activities and low valuation as strengths, though concerns remain regarding uncertainties in Brazil and the transition to higher shareholder distributions.
19:57 17.10.2024

ubs rates santander as buy with target price of 620 euros

UBS has rated Banco Santander as a 'Buy' with a target price of 6.20 euros. The stock is currently priced at EUR 4.8345, which is 23.02% above its 200-day moving average of EUR 3.93, while the 50-day moving average of EUR 4.63 results in a "Neutral" rating, leading to an overall assessment of "Good."
19:09 17.10.2024

V.F. Corporation receives neutral rating amid diverse brand portfolio expansion

V.F. Corporation, a leading apparel, footwear, and accessories company, boasts a diverse portfolio including brands like The North Face, Vans, and Timberland. It operates through three segments: Outdoor, Active, and Work, offering a range of products from performance-oriented outdoor gear to work-inspired clothing. The company also emphasizes its direct-to-consumer business through retail stores and e-commerce platforms.
17:13 17.10.2024

global telemedicine market poised for significant growth and innovation by 2029

The global telemedicine market is projected to exceed USD 250 billion by 2029, growing at a CAGR of 17.22% from 2024 to 2029. Key drivers include increased adoption due to the pandemic, technological advancements, and the need for accessible healthcare, particularly in remote areas. However, challenges such as regulatory disparities and data privacy concerns persist across regions.

just eat takeaway.com expands global online food delivery marketplace

Just Eat Takeaway.com N.V., headquartered in Amsterdam, is a prominent global online food delivery marketplace, connecting consumers with over 699,000 restaurant partners. The company operates in various regions, including North America, Northern Europe, the UK, Southern Europe, Australia, and New Zealand, offering a diverse range of food choices and delivery services.
11:39 17.10.2024

ubs downgrades moller maersk to neutral with target of 11000 kroner

UBS has downgraded A.P. Moller-Maersk from "Buy" to "Neutral," reducing the price target from 13,953 to 11,000 Danish kroner. Analyst Cristian Nedelcu noted that the shares face challenges due to concerns over medium-term overcapacity in the shipping sector and capital usage.
11:08 17.10.2024

pernod ricard maintains strong market position in premium spirits and wines

Pernod Ricard, the leading global producer of premium spirits and wines, reported net sales distribution with 61.8% from strategic international brands, including Absolut and Jameson. Local brands account for 18.2%, craft spirits 7.3%, and strategic wines 3.6%. Geographically, sales are split between Europe (28.3%), Americas (28.8%), and other regions (42.9%), with 94 production sites worldwide as of June 2024.
10:15 17.10.2024

gemma tomas appointed managing director of spectrum in switzerland

Gemma Tomas has been appointed as the new Managing Director of Spectrum Asset Management in Switzerland, where she will collaborate with Chief Investment Officer Isabel Faragalli to enhance international distribution and sales. Tomas brings 26 years of experience from Credit Suisse, most recently serving as Head of External Asset Managers for Latin America, and has a strong background in investment banking and wealth management across various global markets. She holds a master's degree in physics from the University of Barcelona and a postgraduate program in corporate finance from the London Business School.
09:00 17.10.2024

ubs downgrades a p moller maersk to neutral amid market shifts

UBS has downgraded A.P. Møller-Maersk to neutral from buy. The company, a leader in maritime transportation, operates a fleet of over 707 vessels and offers port and logistics services. Its net sales are geographically diverse, with significant contributions from the United States (22.4%) and other regions.
08:38 17.10.2024

ubs downgrades a p moller maersk to neutral amid market shifts

UBS has downgraded A.P. Möller-Maersk to neutral from buy. The company, a leader in maritime transportation, operates over 707 vessels and offers port and logistics services. Its net sales are primarily generated from the United States (22.4%), with other significant contributions from various countries.
08:38 17.10.2024
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