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Vienna Stock Exchange: Winners and Losers (2011-06-24)

Published: June 24, 2011; 17:48 · (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-06-24) / Picture: ©

Berenberg Bank upgraded Zumtobel from “Hold” to “Buy” and confirmed the target price of € 26.50. The analysts expect sales to increase by 9.6% to € 1,224m in the financial year 2011. EBIT is forecast at € 82m. EPS estimate is € 1.40. The forecasts are in line with consensus. Main growth drivers will be a recovery in the European construction market and…

This article includes a total of 326 words.

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