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$33.83 -0.4  -1.1%

Last Trade - 17/05/21

Sector
Industrials
Size
Large Cap
Market Cap £48.94bn
Enterprise Value £50.20bn
Revenue £19.03bn
Position in Universe 186th / 6846

Swiss stocks - Factors to watch on November 24

Tue 24th November, 2020 5:45am
ZURICH/BERLIN, Nov 24 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
    
    ROCHE  ROG.S 
    The top U.S. infectious disease medical association said
that Roche's rheumatoid arthritis drug Actemra, known chemically
as tocilizumab, is not recommended for routine use in
hospitalized COVID-19 patients, saying there was still not
enough evidence supporting its benefits.  urn:newsml:reuters.com:*:nL1N2I916W
    
    ABB  ABBN.S 
    Clutch and transmission manufacturer Dodge had already
attracted interest from potential bidders before the Swiss
engineering group announced it was exiting the business, people
familiar with the matter told Reuters.  urn:newsml:reuters.com:*:nL1N2I5255
    
    NOVARTIS  NOVN.S  
    The drugmaker holds its "Meet Novartis Management" event https://www.novartis.com/sites/www.novartis.com/files/2020-10-mnm-agenda.pdf
 
    
      
    COMPANY STATEMENTS
    * Roche  ROG.S : Genentech announced that the U.S. FDA
approved Xofluza for the prevention of influenza following a
contact with an infected person.  urn:newsml:reuters.com:*:nBwc7ZC9Fa
    * Idorsia  IDIA.S  announced positive results of two
Japanese registration studies with clazosentan.  urn:newsml:reuters.com:*:nFWN2I90L9
    * European Property Holdings  EPH.S  announced plans to
offer up to 4.5 million new ordinary shares.  urn:newsml:reuters.com:*:nGNE6ZcmBc
    
    
    ANALYSTS' VIEWS
    RICHEMONT  CFR.S  - Credit Suisse raises to neutral from
underperform; raises target price to CHF 75 from CHF 57
    SWISS RE  SRENH.S  - HSBC raises target price to CHF 102
from CHF 101
    AMS  AMS.S  - JP Morgan raises target price to CHF 26 from
CHF 21.50
    IDORSIA  IDIA.S  - Jefferies raises target price to CHF 31
from CHF 28
    KUEHNE+NAGEL  KNIN.S  - HSBC Raises target price to CHF 180
from CHF 160
    SONOVA  SOON.S  - JP Morgan raises target price to CHF 226
from CHF 212
    
    EX-DIVIDEND
    UBS  UBSG.S  -  0.33 CHF/shr dividend
    

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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Swiss mid-cap index  .SSMI 
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