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Vienna Stock Exchange: Winners and Losers (2012-05-05)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
Vienna Stock Exchange: Winners and Losers (2012-05-05) / Picture: © Vindobona.org
KBW has confirmed Erste Group at Market Perform with a new target price of 20 euros (prior: € 21.00). "Despite way-below consensus earnings estimtes, we retain our Market Perform rating on valuation grounds given similar potential upside (+15%) to EU banks (+24%), and continue to see good value in an EM context (+3% avg. upside), with Erste showing the third highest…
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