Vienna Stock Exchange: Winners and Losers (2012-04-10)

Vienna Stock Exchange: Winners and Losers (2012-04-10) / Picture: © Flickr

For this year, RCB forecasts adjusted earnings growth of 14 per cent. Valuation levels have not grown markedly in spite of the strong performance since the beginning of the year: the ATX has increased by about 10 per cent ytd. Also, with a Price/Earnings ratio of 10.1 for 2012 the evaluation remains beyond the longtime average. RCB rates the Austrian equity market a 'buy' with an ATX…