TARGET CHANGE CHANGE IN EPS2020 : CHF 6.00 vs 5.17 +16.1% 2021 : CHF 6.05 vs 4.68 +29.2% Following the H1 20 earnings release, we have raised our expectations going into H2 20 and 2021. For H2 20, we expect revenues slightly above management's guidance (at CHF300m) as the H1 20 trend seems to be continuing into H2 20 (based on July and the first days of August). The sharp increase in new accounts also looks sustainable (they have contributed 10% of total revenues in H1 20) and we find it ther
12 Aug 2020
Target upgrade by 11.1% (Swissquote Group Holding)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Target upgrade by 11.1% (Swissquote Group Holding)
Swissquote Group Holding Ltd. (0QLD:LON) | 0 0 0.1% | Mkt Cap: 691.3m
- Published:
12 Aug 2020 -
Author:
Farhad Moshiri -
Pages:
2
TARGET CHANGE CHANGE IN EPS2020 : CHF 6.00 vs 5.17 +16.1% 2021 : CHF 6.05 vs 4.68 +29.2% Following the H1 20 earnings release, we have raised our expectations going into H2 20 and 2021. For H2 20, we expect revenues slightly above management's guidance (at CHF300m) as the H1 20 trend seems to be continuing into H2 20 (based on July and the first days of August). The sharp increase in new accounts also looks sustainable (they have contributed 10% of total revenues in H1 20) and we find it ther