the competitor of the TecDAX company Xing made a turnover of 820 million US dollars for the first quarter of 2016 in view. Analysts had expected an average 850 million. The Linkedin-price fell by 43.63 percent to $ 108.38. Fewer papers had last tasted in December 2012
Linkedin, analysts were skeptical. Even considering the caution to the management in the past have tilted the view implies a significantly slower growth in the current year analyst Mark May wrote of the US bank Citigroup in a study. He reduced his profit expectations and underlined the price target from 271 to 194 dollars combined together. The classification for the shares he Reserve left though to “neutral”, but knew it with the addition of “high risk”
ANALYST:. “BASIC BUSINESS TRENDS INTAKT”
Anthony DiClemente, an analyst at Japanese financial institution Nomura, lowered his target of 235 to 180 dollars, but maintained its buy recommendation. The fundamental business trends are encouraging. The share price is expected to remain short-term pressure, but could also be an opportunity, because the long-term prospects of Linkedin are intact.
analyst Heath Terry wrote Goldman Sachs that the fourth quarter, after all revenues and profits, market expectations have exceeded. But Terry pointed to the unexpectedly gloomy outlook for 2016 and reduced its estimates for the years 2016 to 2018. ‘/ P>
TRÄGERES BUSINESS WITH PERSONAL INTERMEDIARIES
Also Xing shares fell on Friday in the whirlpool of Linkedin course fall. They gave to one of the laggards in the German technology index TecDAX by around 5 percent. The company plans to submit its provisional report on 22 February.
Looking at the Xing Linkedin outlook hazy course investor sentiment, said a dealer. However, should be drawn from the development of the competitors are not too many negative conclusions. Many of the problems of the US company are company specific. Relevant are only the statements about a little trägeres business with recruiters in Europe. However, should not mean that this at Xing or overlooking the German market is also an issue.
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