Swiss stocks - Factors to watch on January 20

EvoNext Holdings SA

20/01/2022 05:18

ZURICH/BERLIN, Jan 20(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    
    CORONAVIRUS
    Swiss medical researchers said on Wednesday they have
launched an early-stage study to test a next-generation COVID-19
vaccine candidate which would be administered via an arm patch,
the latest to look at alternative methods of giving injections.
 urn:newsml:reuters.com:*:nL8N2TZ3VD
    
    
    CREDIT SUISSE  CSGN.S 
    Credit Suisse Vice-Chair Severin Schwan is undecided whether
he will stand for re-election at the bank's shareholder meeting
in April, he told Swiss newspaper Tages-Anzeiger.  urn:newsml:reuters.com:*:nL8N2U00SS
    One of the largest shareholders of Credit Suisse hopes the
bank's new chairman, Axel Lehmann, can steer the embattled
lender through a turnaround, David Herro of Harris Associates
said on the investor's website.  urn:newsml:reuters.com:*:nL1N2TZ1KY
    
    
    COMPANY STATEMENTS
    * Zug Estates Holding  ZUGN.S  issued a second green bond
for 100 million Swiss francs.  ZUGN.S 
    * Valora  VALN.S  proposed Sascha Zahnd as its new chairman.
 VALN.S 
    * Zur Rose  ROSEG.S  said full-year external revenue rose
15.5% to 2.034 billion francs.  ROSEG.S 
    * Comet Holding  COTNE.S  said full-year sales rose 30% to
513 million francs.  COTNE.S 
    * Galenica  GALE.S  increased its earnings outlook and said
consolidated net sales rose 10.2% in 2021 to 3.835 billion Swiss
francs.  GALE.S 
    * Belimo Holding  BEAN.S  said full-year net sales grew
15.7% to 765.3 million francs.  BEAN.S 
    * Medacta  MOVE.S  said full-year revenue grew 21.4% to
363.1 million euros.  MOVE.S  
    * Ascom Holding  ACSN.S  said unaudited preliminary figures
showed net revenue rise to 291.5 million francs for 2021, up
from 281.0 million in 2020.  ASCN.S 
    * Cassiopea  SKIN.S  said it was preparing to delist shares
from the SIX Swiss exchange.  SKIN.S 
    * Kuros Biosciences  KURN.S  said new data showed Fibrin-PTH
showed a better healing rate for open tibial shaft fractures
than standard of care.  KURN.S 
    * Idorsia  IDIA.S  said it received Japanese PMDA approval
of Pivlay 150 mg.  IDIA.S 
         
    
    ANALYSTS' VIEWS
    COMPAGNIE FINANCIERE RICHEMONT SA  CFR.S : CREDIT SUISSE
RAISES TARGET PRICE TO CHF 130 FROM CHF 125
    SGS SA  SGSN.S : CREDIT SUISSE CUTS TO UNDERPERFORM FROM
NEUTRAL; CUTS TARGET PRICE TO CHF 2,700 FROM CHF 2,830
    GEBERIT AG  GEBN.S : JEFFERIES CUTS TARGET PRICE TO CHF 549
FROM CHF 553
    LINDT & SPRUENGLI  LISN.S : BERENBERG RAISES TARGET PRICE TO
CHF 115,000 FROM CHF 108,000
    NESTLE SA  NESN.S : BERENBERG RAISES TARGET PRICE TO CHF 140
FROM CHF 130 
    EVOLVA HOLDING SA  EVE.S : BERENBERG RAISES TO BUY FROM
HOLD; CUTS PRICE TARGET TO CHF 0.23 FROM CHF 0.25
    GIVAUDAN SA  GIVN.S : BERENBERG RAISES TARGET PRICE TO CHF
5000 FROM CHF 4950
    BUCHER INDUSTRIES AG  BUCN.S : KEPLER CHEUVREUX RAISES TO
BUY FROM HOLD
    SWISS RE AG  SRENH.S : BARCLAYS RAISES TARGET PRICE TO CHF
98 FROM CHF 96
    KUEHNE UND NAGEL INTERNATIONAL AG  KNIN.S : MORGAN STANLEY
RAISES TARGET PRICE TO CHF 325 FROM CHF 316
    JULIUS BAER GRUPPE AG  BAER.S : MORGAN STANLEY RAISES TARGET
PRICE TO CHF 74 FROM CHF 70
    MOLECULAR PARTNERS AG  MOLN.S : RBC RAISES TARGET PRICE TO
CHF 40 FROM CHF 26
    
    
    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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