XM无法为美国居民提供服务。

Jefferies initiates coverage of European Airlines, warning of 'turbulence ahead' for the sector



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>BUZZ-Jefferies initiates coverage of European Airlines, warning of 'turbulence ahead' for the sector</title></head><body>

** European Airlines sector is pricing in 20-60% downgrades in 2026 as carbon headwinds enter the P&L and yield expansion is uncertain, Jefferies says

** While pricing in 30-60% EBITDA downgrades in mid-term, the market underplays the self-help opportunities available to the sector, the broker adds

** Jefferies starts Easyjet EZJ.L with "buy", expecting the company to benefit from its growing package holiday business, fleet renewal and self help opportunities

** The broker initiates IAG ICAG.L with "buy", citing resilient business, strong balance sheet, small carbon headwind and a turnaround plan aimed to drive British Airways margins

** Jefferies starts Wizz Air WIZZ.L with "underperform", as it's more cautious than consensus on company's yield and cost trajectory

** The brokerage initiates Lufthansa LHAG.DE with "hold", pointing to significant exposure to Boeing which could delay progress, and saying the company has oldest fleet and lowest margins on broker's coverage list

** Jefferies starts Ryanair RYA.I with "hold", saying while the long term investment case is attractive, the company could see a material cost headwind from carbon and only a small tailwind from new fleet in mid-term



Reporting by Amir Orusov and Anastasiia Kozlova

</body></html>

免责声明: XM Group仅提供在线交易平台的执行服务和访问权限,并允许个人查看和/或使用网站或网站所提供的内容,但无意进行任何更改或扩展,也不会更改或扩展其服务和访问权限。所有访问和使用权限,将受下列条款与条例约束:(i) 条款与条例;(ii) 风险提示;以及(iii) 完整免责声明。请注意,网站所提供的所有讯息,仅限一般资讯用途。此外,XM所有在线交易平台的内容并不构成,也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。

所有在线交易平台所发布的资料,仅适用于教育/资讯类用途,不包含也不应被视为用于金融、投资税或交易相关咨询和建议,或是交易价格纪录,或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。

本网站上由XM和第三方供应商所提供的所有内容,包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接,皆保持不变,并作为一般市场评论所提供,而非投资性建议。所有在线交易平台所发布的资料,仅适用于教育/资讯类用途,不包含也不应被视为适用于金融、投资税或交易相关咨询和建议,或是交易价格纪录,或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解,XM非独立投资研究提示和风险提示相关资讯,更多详情请点击 这里

风险提示: 您的资金存在风险。杠杆商品并不适合所有客户。请详细阅读我们的风险声明