Over the past year, analysts at investment bank ScotiaBank have been enthusiastic supporters of AST SpaceMobile’s prospects. But on January 6th, the bank conducted an about-turn, and – in effect – advised clients to ‘Sell’ their shares in AST. As well as pouring ice-water on AST, the bank’s specific wording was “sector underperform” and the […]
TD Cowen, the US investment bank, has raised its opinion on satellite operator EchoStar. On January 7th, TD Cowen analyst Gregory Williams announced an updated projection for EchoStar (SATS), raising the price target significantly from $100 to $158. The updated target reflects a notable increase of 58 perc ent, while maintaining a Buy rating for […]
Research analysts at BNP Paribas have looked at the news that AT&T had already enabled 23,000 of its cellular sites across the US to take advantage of its recent acquisition of EchoStar 30 MHz of 3.45 GHz terrestrial spectrum. The move will improve connectivity at 5,300 US cities and towns and AT&T says this will […]
A slew of investment banks have come out decidedly in favour of would-be global direct-to-device satellite operator, AST SpaceMobile. For example, analysts at Deutsche Bank are forecasting free cashflow for AST reaching $1.44 billion (€1.24bn) by 2028. The bank has raised its price target to $81 (from $59) and reiterates its ‘Buy’ rating. Bank of […]
Broadcast entertainment creator Banijay has announced the acquisition of Tipico Group, a specialist in sports betting in Germany and Austria, subject to regulatory approvals expected by mid-2026. At the end of the transaction, Banijay Group will hold about 65 per cent of the combined Betclic and Tipico entity, valued at €9.4 billion. Although the deal […]
LBG Media, the youth-focused on-line publisher and video broadcaster, has reported a 10 per cent annual revenue increase to £92.2 million, and said it had enjoyed “strong” US growth. Investment analysts at Berenberg Bank said the company’s numbers were in line with market expectations. “The Direct business continues to deliver – it outperformed our expectations […]
RocketLab is the New Zealand and US rocket building company, founded and managed by Sir Peter Beck. Its Electron orbital rocket launches small satellites, and has launched 70 satellites as of August 2025; second only to SpaceX. It is developing its Neutron reusable vehicle which will carry larger payloads. Founded in June 2006, RockletLab has […]
First, the good news: AST SpaceMobile has opened an $800 million ‘At The Market’ offering of new shares to a cluster of banks. The money is now available as needed by AST and if fully drawn down is equal to about 3 per cent of the shares issued. It means that AST is sitting on […]
Satellite operator SES will unveil its latest quarterly numbers on Monday morning (October 6) but investment analysts at Deutsche Bank has upgraded the company with a ‘Buy’ rating, citing growth and margin upside from its recent Intelsat acquisition. The bank’s new model for the combined firm shows organic topline growth of 2.3 per cent annually, […]
An 81-page report from investment bank Berenberg on TV production house Banijay Group has issued ‘BUY’ advice to the bank’s clients and a price target of €13.50 (currently about €9) and a potential 52 per cent upside. Limited free float (only 9 per cent) and low coverage (five brokers), as well as a recent listing […]