Vienna Stock Exchange: Winners and Losers (2011-10-17)

Businessn.a. ♦ Published: October 17, 2011; 14:49 ♦ (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-10-17) / Picture: © Vindobona.org

After massive write offs at VBAG and Erste Group last week, the Japanese analyst Nomura cuts Austrian banks significantly. Erste Group´s price target falls from € 31.00 to € 24.00. The rating has been downgraded from “Buy” to “Neutral”. Moreover, the price target for RBI (Raiffeisen Bank International) decreased from € 28.00 to €…