-- 週一,受美國總統川普威脅封鎖霍爾木茲海峽(此前美伊和平談判破裂)的影響,歐洲股市下跌。 史托克歐洲600指數、德國DAX 40指數、英國富時100指數均下跌0.2%,法國CAC 40指數下跌0.4%,瑞士市場指數下跌0.3%。 由於和平協議前景黯淡,國防類股上漲。達梭系統公司股價在巴黎上漲3.6%,泰雷茲公司股價上漲2.4%;英國航太系統公司股價在倫敦上漲2.6%;萊茵金屬公司股價在法蘭克福上漲2.5%。 企業新聞方面,道達爾能源公司與土耳其國家能源公司TPAO簽署了一份諒解備忘錄,以尋求勘探機會。 這家法國石油和天然氣公司的股價在巴黎上漲1.3%。 勞埃德銀行集團正在推動英國金融行為監理局(FCA)的汽車金融賠償計畫。 這家英國銀行的股價在倫敦下跌了0.4%。 葛蘭素史克(GSK)週日表示,其抗體藥物偶聯物mocertatug rezetecan的I期臨床試驗顯示,在鉑類抗藥性卵巢癌患者中,該單藥療法在最高評估劑量下達到了62%的確認客觀緩解率。 研究也顯示,該療法在復發性或晚期子宮內膜癌患者的緩解率為67%。 這家製藥公司的股價在倫敦下跌了0.3%。 英國石油公司(BP)的納米比亞分公司同意從Eco Atlantic公司收購三項海上勘探許可證60%的參與權益和作業權。 英國石油公司(BP)的股價在倫敦上漲了1%。
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Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.
Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled
The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.
Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.