Latest news with #Hochtief
Business Insider
11-05-2025
- Business
- Business Insider
Kepler Capital Keeps Their Hold Rating on Hochtief (0EPW)
In a report released on May 9, Prieto Luis from Kepler Capital maintained a Hold rating on Hochtief (0EPW – Research Report), with a price target of €153.50. The company's shares closed last Friday at €161.70. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Luis is ranked #145 out of 9472 analysts. Currently, the analyst consensus on Hochtief is a Hold with an average price target of €153.17, representing a -5.28% downside. In a report released on May 5, Jefferies also maintained a Hold rating on the stock with a €153.00 price target. 0EPW market cap is currently €12.09B and has a P/E ratio of 15.59.
Zawya
05-03-2025
- Business
- Zawya
European shares jump as Germany loosens debt brake
European shares bounced back on Wednesday after their worst day in more than six months as German leaders agreed to loosen the country's so-called debt brake. Germany's blue-chip index jumped 2.6% as of 0811 GMT to trade near a record high. The pan-European STOXX 600 index was up 1.1%. The benchmark index logged its worst day since August 2024 on Tuesday as U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect. The parties hoping to form Germany's next government agreed to create a 500 billion euro ($534 billion) infrastructure fund and loosen fiscal rules to boost defence spending and revitalise growth. Germany's 10-year benchmark yield jumped 20 basis points to 2.680%. The country's construction firms and arms makers jumped. Cement maker Heidelberg Materials rose 7.8%, industrial services provider Bilfinger jumped 11.7% and construction group Hochtief advanced 7.6%. Defence stocks Rheinmetall and Renk were up between 1.3% and 5.5%, respectively. The index of European banks led the sectoral gains, rising about 4%. In other stocks, Adidas fell 3.3% after the sport retailer forecast sales growth slowing slightly to up to 10% in 2025. ($1 = 0.9360 euros) (Reporting by Nikhil Sharma; Editing by Mrigank Dhaniwala)
