Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. TeamViewer AG
  6. News
  7. Summary
    TMV   DE000A2YN900

TEAMVIEWER AG

(TMV)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 08/04 02:30:11 am
25.985 EUR   +1.46%
02:21aTEAMVIEWER : Barclays sticks Neutral
MD
08/03TEAMVIEWER : RBC keeps its Buy rating
MD
08/03TEAMVIEWER : Goldman Sachs reaffirms its Neutral rating
MD
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Oil stocks power European shares to record-high finish

06/14/2021 | 03:53am EDT

* STOXX 600 hits record high of 460.51

* Focus on Fed's policy meeting this week

* Energy stocks lead European sectors

* Germany's Teamviewer among top STOXX 600 gainers

June 14 (Reuters) - European shares ended at a record high on Monday as energy stocks surged on strength in the oil market, while expectations of accommodative monetary policy grew even as a global economic recovery picked up speed.

The pan-European STOXX 600 rose 0.2% to a record-high close of 458.32 points. The index had touched an all-time high of 460.51 earlier in the session.

Energy stocks were the best performers, surging 2% as oil prices surged to an over two-year peak on expectations of strong global demand this year.

Royal Dutch Shell was the top boost to the sector, rising 2.7% after Reuters reported the firm was reviewing its holdings in the largest U.S. oil field for a potential sale.

"Oil’s resilience in the face of warming U.S.-Iran relations suggests that the supply dynamic continues to play second fiddle to the expectation that demand will keep building into the second half of the year," said Chris Beauchamp, chief market analyst at IG.

Germany's DAX came off a record high, while the UK's FTSE 100 scaled its highest level since February 2020, but trimmed some gains as investors awaited an update on Britain's COVID-19 lockdown measures.

After the European Central Bank last week kept monetary policy unchanged at accommodative levels, all eyes this week will be on the U.S. Federal Reserve's policy meeting, with the bank expected to maintain its dovish stance.

Any cues that policymakers might be digging in for a more sustained rise in inflation could spark fears of a sooner-than-expected unwinding of easy money policies and hurt stocks, analysts said.

"If central banks start to lay out a path that involves a withdrawal of stimulus, markets could get spooked. No one is seriously suggesting a rise in rates yet, but there is scope to reduce the monthly bond purchase amount without jeopardising the recovery," said Michael Hewson, a market analyst at CMC Markets UK.

Italy's stock index rose 0.2%, while its 10-year sovereign bond yield sank to eight-week lows on continued dovish signals from the ECB.

German software developer Teamviewer AG jumped 5.9% to near the top of the STOXX 600, after it announced a partnership with software giant SAP.

On the other hand, Dutch medical equipment company Philips tumbled 4.2% and was among the worst performers on the STOXX 600 after it said it would recall some CPAP breathing devices and ventilators globally because of a foam part that might degrade and become toxic. (Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta and Jonathan Oatis)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / EURO (AUD/EUR) 0.00% 0.62305 Delayed Quote.-1.60%
BRITISH POUND / EURO (GBP/EUR) 0.03% 1.17274 Delayed Quote.4.55%
CANADIAN DOLLAR / EURO (CAD/EUR) 0.00% 0.672183 Delayed Quote.4.67%
DAX -0.09% 15555.08 Delayed Quote.13.39%
FTSE 100 0.34% 7105.72 Delayed Quote.9.62%
INDIAN RUPEE / EURO (INR/EUR) 0.07% 0.011357 Delayed Quote.1.10%
KONINKLIJKE PHILIPS N.V. -0.80% 38.65 Real-time Quote.-11.72%
LONDON BRENT OIL 0.17% 72.4 Delayed Quote.45.28%
ROYAL DUTCH SHELL PLC 2.11% 17.52 Real-time Quote.19.89%
SAP SE 0.49% 121.9 Delayed Quote.13.69%
STOXX EUROPE 600 NR 0.20% 1041.89 Delayed Quote.18.21%
TEAMVIEWER AG -10.11% 25.61 Delayed Quote.-41.57%
US DOLLAR / EURO (USD/EUR) -0.02% 0.842318 Delayed Quote.2.87%
WTI 0.11% 70.428 Delayed Quote.52.97%
All news about TEAMVIEWER AG
02:21aTEAMVIEWER : Barclays sticks Neutral
MD
08/03TEAMVIEWER : RBC keeps its Buy rating
MD
08/03TEAMVIEWER : Goldman Sachs reaffirms its Neutral rating
MD
08/03Global markets live: Sanofi, Alphabet, BMW, Ford, Tencent...
08/03TEAMVIEWER : Goldman Sachs sticks Neutral
MD
08/03TEAMVIEWER : RBC remains its Buy rating
MD
08/03TEAMVIEWER : Buy rating from UBS
MD
08/03TEAMVIEWER : JP Morgan maintains a Buy rating
MD
08/03TEAMVIEWER AG : Q2 / H1 2021: TeamViewer shows positive momentum and significant..
EQ
08/03PRESS RELEASE : TeamViewer AG: Q2 / H1 2021: -3-
DJ
More news
Financials
Sales 2021 528 M 627 M 627 M
Net income 2021 86,1 M 102 M 102 M
Net Debt 2021 286 M 340 M 340 M
P/E ratio 2021 64,2x
Yield 2021 -
Capitalization 5 149 M 6 105 M 6 113 M
EV / Sales 2021 10,3x
EV / Sales 2022 7,69x
Nbr of Employees 1 378
Free-Float 80,0%
Chart TEAMVIEWER AG
Duration : Period :
TeamViewer AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TEAMVIEWER AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 25,61 €
Average target price 45,15 €
Spread / Average Target 76,3%
EPS Revisions
Managers and Directors
Oliver Steil Chairman-Executive Board & CEO
Stefan Markus Gaiser Chief Financial Officer
Abraham Peled Chairman-Supervisory Board
Mike Eissele Chief Technology Officer
Karl Markgraf Chief Operations Officer
Sector and Competitors
1st jan.Capi. (M$)
TEAMVIEWER AG-41.57%6 105
MICROSOFT CORPORATION29.09%2 140 391
SEA LIMITED42.16%147 518
ZOOM VIDEO COMMUNICATIONS, INC.11.13%112 537
ATLASSIAN CORPORATION PLC40.86%81 027
DASSAULT SYSTÈMES SE0.00%73 307