Swiss stocks - Factors to watch on April 28
28/04/2020 05:25
ZURICH/BERLIN, April 28 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Tuesday:
CORONAVIRUS
U.S. President Donald Trump said that China could have
stopped the coronavirus before it swept the globe and said his
administration was conducting "serious investigations" into what
happened. urn:newsml:reuters.com:*:nL2N2CF2DK
Oil prices slumped, extending the previous session's slide,
on worries about limited capacity to store crude worldwide and
expectations that fuel demand may only recover slowly as
coronavirus pandemic restrictions are gradually eased.
urn:newsml:reuters.com:*:nL3N2CG0PQ
ABB ABBN.S
Q1 results due
NOVARTIS NOVN.S
Q1 results due
UBS UBSG.S
Q1 results due
COMPANY STATEMENTS
* Bucher Industries BUCN.S said https://bit.ly/2SdJLBz it
was confronted with lower capacity utilisation and the growing
repercussions of the coronavirus pandemic in the first quarter,
with order intake and sales declining.
* Cembra Money Bank confirmed its mid-term targets but
suspended detailed guidance for 2020 due to the coronavirus
pandemic. urn:newsml:reuters.com:*:nTENozh4ia
ANALYSTS' VIEWS
CEMBRA MONEY BANK CMBN.S - Credit Suisse cuts target price
to chf 106 from chf 110
CREDIT SUISSE CSGN.S - Citigroup raises price target to
chf 14.3 from chf 13.5
KUEHNE UND NAGEL KNIN.S - JP Morgan raises target price to
chf 131.48 from chf 131.21
NESTLE NESN.S - RBC raises target price to chf 79 from chf
75
PSP SWISS PROPERTY PSPN.S - JP Morgan cuts target price to
chf 110 from chf 130
ECONOMY
No major Swiss economic data scheduled.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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