Sixt rises after Berenberg ups to 'buy' on travel demand, U.S. growth prospects

Sixt SE

18/08/2026 09:06

** Shares in Sixt SIXG.DE rise about 3% after Berenberg upgrades the German car rental firm to "buy" from "hold", citing strong European travel demand and improved management of U.S. residual-value risk 
** The broker expects travel and tourism spending to remain a structural growth driver, noting the World Travel & Tourism Council forecasts sector spending to grow 1.5 times faster than global GDP
** Berenberg adds that investments in Sixt's European branch network and growth opportunities in the U.S. should support medium- to long-term revenue growth
** Out of nine analysts covering Sixt, five rate the stock "buy" and four "strong buy" - LSEG data
** The stock is on top of German small-cap index .SDAXI
     

(Reporting by Conrad Kuepper)
((Conrad.kuepper@thomsonreuters.com))