Analysts at investment bank Berenberg have reinstated coverage of satellite operator SES in a timely fashion and assuming a successful acquisition of Intelsat. Berenberg says it expects SES to extend its competitive advantage once it closes its acquisition of Intelsat later this year. Berenberg also believes SES will benefit from a rapidly changing geopolitical landscape […]
LBG Media is a UK-based multi-channel digital entertainment business, with a massive global audience. It claims an audience reach of more than 1 billion and enjoyed 128 billion views last year thanks to its LADbible, SPORTbible, and Unilad series of sites. LBG says it is now the world’s all-time “most viewed and engaged publisher on […]
Investment bank Berenberg has downgraded satellite operator SES from ‘Buy’ to ‘Hold’. The bank has also reduced its share price target from €7.20 to €6.80. The bank’s report says that it believes that the operator’s cash warchest, made up of the receipts of the $3 billion from the FCC as compensation for releasing certain C-band […]
A report on satellite operator SES from investment bank Berenberg maintains its ‘BUY’ recommendation, but the report has cut the bank’s share price target from €9.20 to a much more modest €7.20. The SES share price on November 28th was €5.40. The Berenberg report, Rebase done; Now on to returns, says it expects SES too […]
October 31st saw Eutelsat’s share price create a new all time low of just €3.97. The day opened with a value of €4.22 and there was a downward slide to just €4, although a late rally pushed the price per share up to €4.03, an overall fall on the day of five per cent. The […]
The SES share price is in the doldrums. The past few days has seen its shares trading at about €5.60. However, a report from analysts at Berenberg Bank suggests there’s positive news ahead. The bank says that with about $3 billion coming in around 10 days from now, the FCC’s C-band compensation scheme gives SES […]
Investment bank Berenberg, in a report to clients on the likely financials from satellite operator SES due on August 3rd, is urging SES to announce a buyback of shares. SES is due to receive about $3 billion (less 18-19 per cent tax) at the end of the year as its compensation from the FCC for […]
Investment bank Berenberg has conducted a major review of European TMT and related stocks and has picked Dutch imaging technology business Barco as a “BUY” and gives its price target for the business as €32 (current share price about €23.26) and a potential 38 per cent upside. Barco is its ‘Top Pick’ out of nine […]
The news that Steve Collar, SES’s CEO, is stepping down sent the satellite operator’s shares into near-meltdown. Over the past 5 days the SES share-price has fallen 14.70 percent, including a further 1.55 per cent on June 13th to an ‘all-time low’ of just €4.70. Confidence in SES seems to have evaporated. A report from […]
SES will announce its Q1 results on May 4th. Analysts from Berenberg Bank say that for the past six quarter-years the satellite operator has disappointed with at least two of its key deliverables. But the bank is still sticking to its ‘BUY’ rating, albeit with a slightly reduced price target for SES share price (of […]