A report from investment bank Jefferies says that it is “cautious” on Australia’s overall media sector. “Visibility is poor, linear TV would continue to show weakness, and while Broadcaster Video-on-Demand (BVoD) will provide an offset, content costs are rising. OML Media is our top pick in the sector as it is recovering to pre-Covid levels,” […]
Investment bank Jefferies, in a major review of US Media & entertainment, offers a wide variety of advice to clients including a downgrade (to ‘Hold’) for music streaming service Spotify and Roku (to ‘Underperform’) but with an upgrade (to ‘Buy’) for Netflix. The bank’s report doesn’t shy away from the risks for Netflix and the […]
Viaplay Group has held Capital Markets Day (CMD), updating investors and analysts on its expectations for 2023. The CMD came less than a month since the company’s Q3 numbers drove the company’s share price down 8 percent. The CMD was more open on the company’s prospects for next year. Investment bank Jefferies admitted in a […]
Liberty Global’s share price has lately hovered around the $17 mark. Investment bank Jefferies believes this is much too low and has issued a ‘Buy’ revision to its clients with a share price target of $24.80 – an upside of 46 per cent. Jefferies reports on Liberty Global’s key metrics with its Q3 2022 consolidated […]
Analysts at investment bank Jefferies have advised shareholders to hold onto their Viaplay shares despite the broadcaster’s “multi-faceted downgrades” and the talking points which followed on from the company’s Q3 results. The bank, in its snapshot ‘First View’ report, admits that Viaplay’s business is “flagging” and not helped by the “immediate effects of the general […]
In May 2020, the General Court of the European Court of Justice ruled that a UK telco merger between O2 and Three, previously blocked in 2016, should be annulled. A note from Jerry Dellis and analysts at investment bank Jefferies says that the implication is that the evidence bar for EC competition authorities attempting to […]
A report from Jefferies Bank suggests that Viaplay has married its dominance (indeed, creation) of a genre – in Nordic Noir – to top-flight sports rights to become a household name in streaming in the Nordic regions. It is now in the foothills of replicating the playbook internationally. The bank says it is optimistic on […]
Jefferies says there are clear signs of structural change within the German broadband market. “Ninety per cent of growth is now driven by fibre,” notes a report from the investment bank . “However, a slower market means absolute broadband intake is unsustainable at historical levels.” Jeffferies, in its report to clients, focuses on Deutsche Telekom […]
Tencent’s share price in Hong Kong fell back 1.5 per cent on June 28th, but Prosus NV stock jumped 10 per cent on the Amsterdam market while shares in Naspers (on the Jo-berg market) rose 13 per cent on the decision by Naspers to buy back its own stock for cancellation. Prosus/Naspers CEO Bob van […]
A report from investment bank Jefferies on BT Group, following a briefing by BT Consumer division’s CEO Marc Allera, quotes him saying that BT is focused on value over volume, and that there’s no intention on seeking increased market share. The bank’s report says that BT is keen to signal that it has no ambition […]