It was US President Donald Trump’s furious Oval Office clash with his Ukrainian counterpart last Friday that convinced fund manager Hugo Squire it was time to buy bonds in Eutelsat Communications SA.
Ukraine, Eutelsat and Starlink
Shares in Franco-British satellite operator Eutelsat pulled back on Friday after soaring nearly 500% this week on the prospect of potentially replacing Starlink in Ukraine.
Goldman Sachs Group Inc. analysts raised their rating on Eutelsat Communications SA shares to neutral less than two weeks after adopting a sell stance that would have missed the stock’s meteoric rise.
While the British newspaper Daily Mail once again tried to fool the Trumpist audience with information about the alleged transformation of Storm Shadow and SCALP-EG cruise missiles into "useless stones" after depriving the General Staff of the Armed Forces of the United States
While it has fewer than one-tenth of Starlink's satellites, Eutelsat is being floated as a potential replacement if Starlink access is cut.
Eutelsat Communications shares experienced extraordinary market movement last week, with the stock surging nearly 500% before experiencing a slight pullback at week's end. This dramatic price action
After a significant rally, Goldman Sachs has upgraded Eutelsat to Neutral after previously rating the stock a Sell, acknowledging that its earlier call underestimated the upside risk from government support.
Shareholders in Paris-based Eutelsat again saw a successful rise in the satellite operator’s value, rising 82 per cent in value to €3.66 per share. Indeed,
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