Swedish stocks: Seen opening near flat, SKF rival Schaeffler confirms outlook

Ambea publ AB

08/05/2019 07:44

** Swedish shares seen opening marginally down
    ** Schaeffler  SHA_p.DE , bearings maker SKF's  SKFb.ST  top rival, confirms
its FY2019 revenue and EBIT margin guidance after reporting Q1 results
 urn:newsml:reuters.com:*:nFWN22J1FA  urn:newsml:reuters.com:*:nASP001183
    ** Airline SAS  SAS.ST , which was recently hit by a pilot strike, reports
monthly traffic figures 
    ** Jefferies lifts its recommendation for defence firm Saab  SAABb.ST  to
buy from hold, but cuts the target price to 365 SEK from 400 SEK. Saab closed at
289.70 SEK on Tuesday
    ** Handelsbanken lifts its view on Hexagon  HEXAb.ST  to buy from hold and
sticks with its 565 SEK target price, according to news agency Direkt. Hexagon
closed at 481.30 SEK on Tuesday
    ** Ambea's  AMBEA.ST  Q1 adjusted EBITA rose to 147 mln SEK from 109 mln SEK
in the year-ago quarter  urn:newsml:reuters.com:*:nFWN22J1EB
    ** SEB Equities cuts its recommendation for online betting firm Betsson
 BETSb.ST  to sell from hold, and lowers the price target to 61 SEK from 76 SEK,
according to Direkt. Betsson closed at 65.94 SEK on Tuesday
    ** Investment firm Ratos  RATOb.ST  swings to a positive Q1 EBITA of 44 mln
SEK, says "it is gratifying to note that the action programmes implemented in
2018 is now beginning to generate results"  urn:newsml:reuters.com:*:nFWN22J1FA
    ** Biogaia  BIOGb.ST  Q1 operating profit falls to SEK 46 mln (56)
 urn:newsml:reuters.com:*:nFWN22J1A8
    ** Ventilation products firm Lindab's  LIAB.ST  quarterly earnings and sales
were in line with preliminary figures issued a month ago  urn:newsml:reuters.com:*:nFWN22J1C6
    ** Nordstjernan lifts Attendo  ATTE.ST  stake to 17.3 pct  urn:newsml:reuters.com:*:nFWN22J1AK 
    ** ABG Sundal Collier has cut its target price for eye-tracking firm Tobii
 TOBII.ST  to 60 SEK from 85 SEK, while repeating a buy recommendation, Direkt
reports referring to Bloomberg. Tobii closed at 32.84 SEK on Tuesday.
    ** Clothing retailer H&M  HMb.ST  trades ex-dividend 
        
 IG pre-market trading Stockholm OMXS30                     -0.1 pct
 Stoxx Europe 50 future                   STXEc1            unchanged 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     -0.8 pct 
 S&P 500 close previous trading day       .SPX              -1.7 pct 
 
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    

 (RM: johannes.hellstrom.thomsonreuters.com@reuters.net)