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Vienna Stock Exchange: Winners and Losers (2011-11-04)

Published: November 4, 2011; 17:48 · (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-11-04) / Picture: © Flickr

ING upgraded Erste Group from “Hold” to “Buy”. The price target was cut from € 33.30 to € 25.20. Analysts believe that the target core tier 1 ratio of 9% can be achieved without a capital increase. Moody’s is currently reviewing Erste Group’s “A1” rating and said that a downgrade by one notch is most likely.

Analysts of Erste Group cut the…

This article includes a total of 310 words.

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