Vienna Stock Exchange: Winners and Losers (2011-11-23)

Businessn.a. ♦ Published: November 23, 2011; 18:30 ♦ (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-11-23) / Picture: © Vindobona.org

Kapsch TrafficCom: Berenberg Bank confirmed the “Buy” recommendation and the price target of € 74.00. According to the analysts, Kapsch was able to report strong growth in revenues in the quarter but the results were below consensus due to lower-than-expected margins, an unfavorable business mix and higher financial expense.

Exane BNP Paribas reduced the…