Vienna Stock Exchange: Winners and Losers (2011-09-27)

Businessn.a. ♦ Published: September 27, 2011; 17:50 ♦ (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-09-27) / Picture: © Vindobona.org

UBS lowered the price target for OMV from € 28.00 to € 22.00. The “Neutral” rating has been retained. In the last year, OMV made acquisitions of € 2.4bn. The half will be funded by the issuance of new shares. The new strategy, which has been presented last week, was “disappointing” for UBS. OMV aims a yearly production growth of 1.9% until 2015. OMV´s…