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Vienna Stock Exchange: Winners and Losers (2011-06-09)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
Vienna Stock Exchange: Winners and Losers (2011-06-09) / Picture: © Vindobona.org
RHI: Erste Group lowered the target price from € 32.00 to € 27.50 based on expected lower earnings and higher CAPEX in the coming years. The “Buy” recommendation has been confirmed. Based on lower margin assumptions, EPS estimates for 2011 and 2012 were reduced to € 2.50 and € 2.88, respectively.
Berenberg…
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