Swiss stocks - Factors to watch on September 22
Swiss stocks - Factors to watch on September 22 ZURICH/GDANSK, Sept 22 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday:
NESTLE NESN.S
Nestle's Russian subsidiary pledged to continue its operations in Russia without regard to a decision by the Kremlin to transfer control of the company's assets, the Swiss food giant was quoted as saying on Monday.
ON HOLDING 49G.BN
Sportswear brand On Holding said on Tuesday it authorised a share repurchase programme of up to $1 billion through the end of 2029 and reiterated its full-year 2026 outlook.
SGS SA SGSN.S
Testing and certification services company SGS announced on Tuesday a launch of its €650 million senior bond offering.
ANALYSTS' VIEWS
GIVAUDAN SA GIVN.S - J.P. Morgan raises target price to CHF 3700 from CHF 3600
THE SWATCH GROUP AG UHR.S - RBC cuts target price to CHF 190 from CHF 210
ECONOMY
No major Swiss economic data scheduled.
(Reporting by Zurich newsroom and Gdansk newsroom)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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