XTRA:SIX2Transportation
Is Sixt (XTRA:SIX2) Cheap As Bond Demand And New Airline Tie Up Raise Value Questions?
Sixt (XTRA:SIX2) is back in focus after placing a €500 million bond that was several times oversubscribed, alongside a new partnership with American Airlines’ AAdvantage loyalty program.
See our latest analysis for Sixt.
Despite the fresh €500 million bond issue and the new AAdvantage partnership bringing Sixt back into the spotlight, the stock’s 1-month share price return is down 6.81% and the 1-year total shareholder return is down 24.55%. This suggests recent momentum has been fading.
If...