Vienna Stock Exchange: Winners and Losers (2012-04-20)

Businessn.a. ♦ Published: April 20, 2012; 13:21 ♦ (Vindobona)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

Vienna Stock Exchange: Winners and Losers (2012-04-20) / Picture: ©

Berenberg Bank reiterated the recommendation Hold for Zumtobel. "Cyclical risk linked to lower government spend on lighting, coupled with specific risk at Components, mean we wish to wait for more evidence before adjusting the recommendation", analysts stated. However at sub 0.4x EV/sales and below 5x peak EPS, the risks are largely discounted, they say and stick to the price target €…

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