Stock Market Forecast: ATX Return 15%

Businessn.a. ♦ Published: May 3, 2011; 10:19 ♦ (Vindobona)

Forecast of the UniCredit analysts: ATX should hit 3200 points over the next twelve months with a total potential return of 15 percent, dividends included.

Stock Market Forecast: ATX Return 15% / Picture: © Wikimedia Commons / Bwag [CC BY-SA 4.0]

Several factors coincided to cause a slowdown in the European equity market in the first quarter of 2011. The largely positive trend in profits has been subdued by negative cyclical factors as well as structural problems in several countries and external events such as the catastrophe in Japan. The Austrian equity index also got off to a restrained start in the first quarter with a loss…