Swiss stocks - Factors to watch on November 11

Bystronic AG

11/11/2020 05:41

ZURICH/BERLIN, Nov 11(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
         
    BARRY CALLEBAUT  BARN.S  
    Full-year results due.
       
    COMPANY STATEMENTS
    * Alcon  ALCC.S  reported a third-quarter diluted EPS loss
Of $0.30. It said it was unable to provide an estimate for
financial results for the full year 2020.
    * Implenia  IMPN.S  said it had a valid syndicated loan
agreement with Swiss banks amounting to CHF 800 million 
($874.99 million).
    
    ANALYSTS' VIEWS
    * SGS SA  SGSN.S : RBC RAISES TARGET PRICE TO CHF 2700 FROM
CHF 2500. JP MORGAN RAISES TARGET PRICE TO CHF 2,750 FROM CHF
2,600. JEFFERIES RAISES TARGET PRICE TO CHF 2,800 FROM CHF 2,100
    * COMPAGNIE FINANCIERE RICHEMONT SA  CFR.S : CITIGROUP
RAISES PRICE TARGET TO CHF 82 FROM CHF 61.2
    * SIEGFRIED HOLDING AG  SFZN.S : CREDIT SUISSE RAISES TARGET
PRICE TO CHF 670 FROM CHF 580
    * CONZZETA AG  CONC.S : CREDIT SUISSE RAISES TARGET PRICE TO
CHF 1,130 FROM CHF 1,035
      
    ECONOMY
    No major economic data scheduled.


($1 = 0.9143 Swiss francs)

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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