A report from investment analysts at Berenberg Bank looks at the sectorial impact, and in particular on media, and says that while there are some broadcasters have business interests in Russia, but their exposure (to specific losses) are modest. The bank says its own portfolio coverage has very limited exposure to Russia and Ukraine, noting: […]
A report from investment analysts at Berenberg Bank looks closely at satellite operator SES, and maintains a ‘Buy’ rating although the bank softens its Price Target on the operator’s shares, and lowers its target slightly from €10 to €9.80 (today at €6.92). The bank’s report says that over the next two years SES has three […]
MFE-MediaForEurope, the new holding business formed by Mediaset under the Dutch registered umbrella company, has received a positive note from equity analysts at Berenberg Bank. MFE-MediaForEurope released a preliminary alert as to its expected financials (themselves due in full towards the end of April) and these, says the bank, appeared to be well ahead of […]
Equity analysts at Berenberg Bank have updated their advice to clients on Nordic Entertainment Group (NENT). They first looked at the company in November 2020 when its shares were at SEK 375.6 (€35.12). They rose to SEK 530 in August last year. They are now at just SEK 316.5, and the bank is rating the […]
Roku has reported that it reached 60.1 million active users in the period to December 31st 2021. Streaming usage grew between Q3 and Q4 from 18 billion hours to 19.5 billion hours. However, revenues were below expectations. Roku blamed the disappointing revenue numbers on shortages in kit. The company said supply chain issues were continuing […]
Investment analysts at Berenberg Bank have placed Barco, the imaging technology business best known for its cinema projectors and ClickShare meeting room technology, as one of its 2022 Top Pick businesses. Barco is trading at half the price it did pre-pandemic, despite a long-term outlook that is more attractive than at that point, suggests the […]
A report from investment bank Berenberg says SES is “on track” to receive post-tax C-band proceeds of over 80 per cent of its market capitalisation in just over the next two years. The bank says: “This creates significant optionality for shareholder returns, balance sheet repair and disciplined investment. As phase one C-band proceeds are received […]
Paris-based Eutelsat is in a period of significant change. Rodolphe Belmer has left and the satellite operator has appointed Eva Berneke to run the business. There’s also the small matter of a recent bid from Patrick Drahi to take a controlling stake in the business. All this has helped propel investment bank Berenberg to take […]
Analysis from investment bank Berenberg says that video games’ share of consumer entertainment time and budget continues to grow. Duel console ownership, frequency of digital content purchases and time spent playing games are all up compared to 2020 and meaningfully above 2019. The analysis suggests that Netflix’s ambitions in the sector will, in the short […]
Earlier this month ITV unveiled its Q3 numbers with analysts praising the broadcaster for a much stronger than expected advertising take up and anticipating an advertising increase of around 24 per cent by the end of the trading year. But Britbox, the ITV and BBC-backed OTT service, could be in trouble. Analysts from investment bank […]