Berenberg Equity Research

International Business Machines Corp, Technology Hardware, PT USD 125.00 (no change)


Q3 proved to be mainframe-driven respite

Alcoa Corporation, Metals & Mining, PT USD 44.00 (no change)


Q317 preview: solid results, weakened by FX

bioMérieux SA, Med. Tech/Services, PT EUR 55.00


Reasonable Q3 sales but a little mixed

Eckoh plc, Software & IT Services, PT GBp 65 (no change)


US momentum continues

Spire Healthcare Group plc, Med. Tech/Services, PT GBp 270


NHS trends unchanged

LAM Research Corporation, Technology Hardware, PT USD 240.00 (200.00)


2018 looks solid

ASOS plc, General Retail, PT GBp 6,800 (no change)


Strong start to FY18

Rémy Cointreau SA, Beverages, PT EUR 102.00 (99.00)


Remarkable growth

Zur Rose Group AG, General Retail, PT CHF 173.00 (no change)


Growth acceleration in Q3

OSRAM Licht AG, Capital Goods & Industrial Engineering, PT EUR 83.00 (87.00)


Thesis intact despite short-term headwinds

Anheuser-Busch InBev SA/NV, Beverages, PT EUR 116.00 (no change)


Q3 preview: real talk

Adler Real Estate AG, Real Estate, PT EUR 16.20 (no change)


Operations and financials improving

News: Berenberg

Berenberg to set up two new equity funds with Peter Kraus with a focus on European second-tier stocks
BERENBERG | 11.10.2017
Berenberg to set up two new equity funds with Peter Kraus with a focus on European second-tier stocks
Berenberg launches two new Europe-focused equity funds with Matthias Born
BERENBERG | 04.10.2017
Berenberg launches two new Europe-focused equity funds with Matthias Born
ROBUST START TO THE END-OF-YEAR RUSH – BONDS FROM EMERGING ECONOMIES REMAIN ATTRACTIVE
BERENBERG | 28.09.2017
ROBUST START TO THE END-OF-YEAR RUSH – BONDS FROM EMERGING ECONOMIES REMAIN ATTRACTIVE
Henning Gebhardt receives Sauren Golden Award 2017
BERENBERG | 08.09.2017
Henning Gebhardt receives Sauren Golden Award 2017
Additional shipping loan portfolio for Berenberg
BERENBERG | 05.09.2017
Additional shipping loan portfolio for Berenberg
Market Commentary: Small and Medium-Size German Companies
BERENBERG | 23.08.2017
Market Commentary: Small and Medium-Size German Companies
Berenberg brand ambassador Langer wins third major in 2017
BERENBERG | 31.07.2017
Berenberg brand ambassador Langer wins third major in 2017
Equity Capital Markets - Berenberg successful in ECM transactions
BERENBERG | 26.07.2017
Equity Capital Markets - Berenberg successful in ECM transactions
Berenberg and Henning Gebhardt are launching an equities fund
BERENBERG | 22.06.2017
Berenberg and Henning Gebhardt are launching an equities fund
Berenberg/HWWI study: The market for digital payment systems is growing – Germany is in last place when it comes to mobile payment usage
BERENBERG | 13.06.2017
Berenberg/HWWI study: The market for digital payment systems is growing – Germany is in last place when it comes to mobile payment usage
Berenberg hires star fund manager Matthias Born
BERENBERG | 27.04.2017
Berenberg hires star fund manager Matthias Born
Tom Watson becomes Berenberg brand ambassador
BERENBERG | 12.04.2017
Tom Watson becomes Berenberg brand ambassador
Berenberg’s net profit for the year increases by 56% to €161 million
BERENBERG | 07.02.2017
Berenberg’s net profit for the year increases by 56% to €161 million
Berenberg is
BERENBERG | 02.11.2016
Berenberg is "Best Private Bank in Germany"

News: Economics

Global Outlook: More growth despite political risks
ECONOMICS | 26.07.2017
Global Outlook: More growth despite political risks
Economics - Global update: robust growth, no exuberance yet
ECONOMICS | 10.07.2017
Economics - Global update: robust growth, no exuberance yet
Economics - US housing market: plenty of room for improvement
ECONOMICS | 26.06.2017
Economics - US housing market: plenty of room for improvement
Economics - Analysing Brexit: the options and outlook
ECONOMICS | 20.06.2017
Economics - Analysing Brexit: the options and outlook
Economics - Reforming Europe: which ideas make sense?
ECONOMICS | 19.06.2017
Economics - Reforming Europe: which ideas make sense?
VIVE LA FRANCE, VIVE L'EUROPE: PRESIDENT MACRON
ECONOMICS | 08.05.2017
VIVE LA FRANCE, VIVE L'EUROPE: PRESIDENT MACRON
MAY FOMC ON HOLD
ECONOMICS | 05.05.2017
MAY FOMC ON HOLD
FORECASTS AT A GLANCE
ECONOMICS | 05.05.2017
FORECASTS AT A GLANCE
US MARCH CONSUMER SPENDING AND PRICES: SOFT
ECONOMICS | 05.05.2017
US MARCH CONSUMER SPENDING AND PRICES: SOFT
Global Outlook: More growth despite political risks
ECONOMICS | 04.05.2017
Global Outlook: More growth despite political risks
How Brexit could affect the UK general election
ECONOMICS | 04.05.2017
How Brexit could affect the UK general election
US NON-MANUFACTURING SENTIMENT REBOUNDS, MANUFACTURING MODERATES
ECONOMICS | 03.05.2017
US NON-MANUFACTURING SENTIMENT REBOUNDS, MANUFACTURING MODERATES
FED MINUTES: JUSTIFY RATE INCREASE, CHANGE TO ITS REINVESTMENT POLICY SOON
ECONOMICS | 05.04.2017
FED MINUTES: JUSTIFY RATE INCREASE, CHANGE TO ITS REINVESTMENT POLICY SOON
US PCE DEFLATOR EXCEEDS FED’S TARGET, BUT PRIVATE CONSUMPTION SOFT
ECONOMICS | 31.03.2017
US PCE DEFLATOR EXCEEDS FED’S TARGET, BUT PRIVATE CONSUMPTION SOFT
US: FOMC LEAVES POLICY UNCHANGED BUT APPEARS MORE CONFIDENT IN OUTLOOK
ECONOMICS | 02.02.2017
US: FOMC LEAVES POLICY UNCHANGED BUT APPEARS MORE CONFIDENT IN OUTLOOK

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Our Departments

Over 1,500 employees assist our clients with first-class services and profound know-how in four business divisions.

WEALTH MANAGEMENT

WEALTH MANAGEMENT

What is excellent wealth management? To us it means providing comprehensive support to you as a high-net-worth individual and your relatives – in all areas which directly or indirectly impact your financial situation.

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Asset Management

Asset Management

Berenberg Asset Management offers private and institutional investors innovative concepts and professional risk management strategies. Our experts develop solutions that are specifically configured for your needs and address your return, risk and liquidity goals, focussing preferentially on selected areas where we have especially deep knowledge.

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Investment Banking

Investment Banking

Berenberg’s investment banking activities cover a broad range of services.

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Corporate Banking

Berenberg embodies high-quality and independent advice, mutual trust as well as fast and reliable decision-making.

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Founded in 1590 – Berenberg is the second-oldest bank in the world

Private bank Berenberg traces its roots back to the year 1590. It is thus not only one of the oldest banks in the world, it has also seen a highly dynamic development in the past few years.

Golf

Berenberg’s brand ambassadors can look back on a successful performance. Taken together, the team of seven has so far won 22 majors and 29 senior majors. The most recent successes in 2017: Bernhard Langer won his tenth major at the British Senior Open and Branden Grace, at the Open Championships, shot the lowest round ever played at a major.
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Investor Warning

We have been made aware that certain members of the public have been approached by fraudsters and scammers purporting to work for Berenberg, to try to convince people to make bogus Investments (Clone firm). Under false pretences, these criminals obtain personal data for opening an account and request that investors transfer money in advance to secure their purchase. Please note that Berenberg does not deal with people solely via email, telephone or social media. Thus, please note that Berenberg can only be reached through the contact data that are stored on this homepage. In the light of recent developments we would like to point out that there is no relation between Berenberg and “berenberg-loyal“. If in doubt, please contact ComplianceAML@berenberg.de.

US Residents

Our services are not available to US persons that Berenberg cannot serve through its US broker-dealer affiliate Berenberg Capital Markets LLC, Boston, MA under the Rule 15a-6 of the US Securities Exchange Act of 1934.

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Phone +41 44 284-2020