Berenberg trims target on EasyJet, sees cash call, cautious on demand recovery

22nd Jul 2021 12:32

(Sharecast News) - Berenberg analysts trimmed their target price for shares of EasyJet from 1,000.0p to 930.0p and kept their recommendation at 'hold', arguing that the shares were "reasonably" priced given the risk of a cash call that could materially dilute investors.

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Thursday broker round-up

22nd Jul 2021 12:03

(Sharecast News) - EasyJet: Berenberg keeps at 'hold' but reduces target price from 1,000.0p to 930.0p.

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Liberum upgrades easyJet, cites attractive entry point

21st Jul 2021 11:15

(Sharecast News) - Liberum upgraded easyJet to 'buy' from 'hold' on Wednesday as it argued that share price weakness has created an "attractive entry point".

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EasyJet plans to fly 60% of pre-Covid capacity as cash burn cut

20th Jul 2021 07:03

(Sharecast News) - Budget airline easyJet on Tuesday said it expected to fly 60% of its pre-pandemic capacity in the fourth quarter as Covid restrictions eased across Europe.

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Tuesday preview: PBoC, Easyjet in the spotlight

19th Jul 2021 14:02

(Sharecast News) - Financial markets' focus on Tuesday will be on central banks in the Asia Pacific region.

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UK may reinstate some lockdown measures if situation becomes 'unacceptable'

16th Jul 2021 18:32

(Sharecast News) - The UK might reinstate some lockdown measures if the latest wave of the coronavirus pandemic becomes unacceptable.

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Wednesday broker round-up

14th Jul 2021 13:23

(Sharecast News) - Carnival: Berenberg upgrades to hold with a target price of 1,400p.

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Davy downgrades easyJet, keeps Ryanair at 'outperform'

14th Jul 2021 08:08

(Sharecast News) - Davy cut its stance on easyJet on Wednesday to 'neutral' from 'outperform' as it took a look at low-cost carriers.

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Spanish health minister warns of higher hospitalisation risk for young

8th Jul 2021 14:28

(Sharecast News) - France warned its nationals from travelling to Portugal and Spain on Thursday in what some observers thought was yet another sign that the summer 2021 season was lost.

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Berenberg stands by UK, euro area GDP forecasts despite Delta variant

30th Jun 2021 12:11

(Sharecast News) - Rising rates of Covid-19 infections across the Continent due to the new Delta variant won't hit economic activity significantly, but the risks need to be carefully monitored, economists at Berenberg said.

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EU airlines, airports warn of Covid-19 certificate roll-out risks

29th Jun 2021 14:10

(Sharecast News) - Groups representing Europe's largest airlines and airports warned of potential chaos and hours-long queues if the roll-out of the Covid-19 certificate isn't coordinated between EU member states.

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EasyJet CEO urges UK govt to ease European travel restrictions

29th Jun 2021 09:59

(Sharecast News) - EasyJet boss Johan Lundgren on Tuesday urged the UK government to further relax Covid restrictions on European travel after it delayed a full reopening of the economy until mid July.

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Travel stocks tumble as Merkel pushes for EU-wide quarantine

28th Jun 2021 11:30

(Sharecast News) - Travel stocks came under intense pressure on Monday as Germany pushed the European Union to designate the UK a "country of concern" and introduce strict quarantine measures for British travellers.

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Travel industry criticises UK government for Covid-19 restrictions

22nd Jun 2021 15:55

(Sharecast News) - The travel industry hit out at the UK government for "looking away during its darkest hour" and imposing harsh Covid-19 restrictions as the sector struggles to stay afloat.

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Citi prefers Ryanair, Wizz Air and IAG among European airlines

22nd Jun 2021 13:41

(Sharecast News) - Citi recommends investors tread more carefully in the European airlines sector given the changed landscape in the wake of the pandemic.

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