Vienna Stock Exchange: Winners and Losers (2011-10-06)

Businessn.a. ♦ Published: October 6, 2011; 17:53 ♦ (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-10-06) / Picture: © Vindobona.org

Citigroup upgraded Erste Group from “Hold” to “Buy”. The target price was cut from € 35.00 to € 29.00. Analysts revised the earnings estimates to € 1.91 in 2011 (-24.3%), € 3.51 in 2012 (-5.6%) and € 4.22 in 2013 (-8.0%).

HSBC lowered the price target for Verbund from € 27.00 to € 21.00. The “Underweight” rating has been…