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Vienna Stock Exchange: Winners and Losers (2012-01-18)
Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners & Losers.
Vienna Stock Exchange: Winners and Losers (2012-01-18) / Picture: © Vindobona.org
Berenberg Bank cut the Verbund recommendation to Hold from Buy and price target to € 24.00 from € 28.00. Verbund to report its FY 2011 numbers on 29 February. The hydro coefficients for November and December were extremely low, with a Q4 average of 0.93 (i.e. 7% below average). Given that Verbund’s guidance reflects average hydro conditions, analysts see 6%…
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