Vienna Stock Exchange: Winners and Losers (2011-12-16)

Businessn.a. ♦ Published: December 16, 2011; 17:53 ♦ (Vindobona)

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

Vienna Stock Exchange: Winners and Losers (2011-12-16) / Picture: © Vindobona.org

Erste Group reduced the price target for voestalpine from € 35.00 to € 31.50. Due to weaker bank lending, business investment and consumer spending, analysts expect a gradual weakening of real economic demand in voestalpine’s most important customer industries. The “Buy” recommendation has been confirmed. The EPS estimate for 2011/12 was cut from € 3.80 to…

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