Vienna Stock Exchange: Winners and Losers (2011-08-23)

Businessn.a. ♦ Published: August 23, 2011; 17:38 ♦ (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-08-23) / Picture: © Vindobona.org

Erste Group cut the share of Telekom Austria from “Hold” to “Sell”. The target price was lowered from € 11.00 to € 5.50 based on reduced earnings estimates for the Belarusian and Bulgarian subsidiaries. EPS forecast for 2011 is € 0.04. Estimates for 2012 and 2013: € 0.46 and € 0.56, respectively.

Deutsche Bank cut the target price for…