Vienna Stock Exchange: Winners and Losers (2011-05-17)

Businessn.a. ♦ Published: May 17, 2011; 17:49 ♦ (Vindobona)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

Vienna Stock Exchange: Winners and Losers (2011-05-17) / Picture: © Vindobona.org

OMV intends to issue a hybrid bond as well as up to 27.27 million new shares. Barclays confirmed its “Underweight/Neutral” rating and a target price of € 33.00. Citigroup has lowered the 2011 and 2012 EPS forecasts by 10% to reflect the equity dilution and a likely higher average cost of debt. Similarly, the price target was reduced from € 30.00 to € 27.50 per…

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