German stocks - Factors to watch on November 11

RTL SA

11/11/2020 05:51

BERLIN/FRANKFURT, Nov 11(Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    CORONAVIRUS
    The number of confirmed coronavirus cases in Germany
increased by 18,487 to 705,687, data from the Robert Koch
Institute (RKI) for infectious diseases showed on Wednesday.
 urn:newsml:reuters.com:*:nL8N2HX0M8
    BIONTECH  22UAy.DE   chief financial officer Sierk Poetting
told Stuttgarter Nachrichten that he expected up to 70% of all
Germans to receive a potential anti-COVID 19 vaccine by summer.
    
    LUFTHANSA  LHAG.DE  
    Lufthansa issued a 600 million euros convertible bond within
days of a potential vaccination breakthrough against COVID-19, a
step which could help revive the beleaguered airlines industry.
 urn:newsml:reuters.com:*:nL8N2HW76P
    
    UNIPER  UN01.DE 
    U.S. House and Senate negotiators reached an agreement to
include additional sanctions against Nord Stream 2 gas pipeline
between Russia and Germany, Bloomberg reported, citing people
familiar with the matter.  urn:newsml:reuters.com:*:nL4N2HX15W
    
    PORSCHE  VOWG_p.DE 
    Porsche ruled out compulsory layoffs for around 22,000
employees until 2030, Automobilwoche reported, citing an
agreement between the management and the works council.

    E.ON  EONGn.DE  
    Third-quarter results due. E.On said it had received
approval for its deal with Innogy  INNOG.S  and that the
integration of the two companies was at an advanced stage. 
    
    CONTINENTAL  CONG.DE  
    Third-quarter results due.
    
    MORPHOSYS  MORG.DE  
    Third-quarter results due.
    
    BECHTLE  BC8G.DE          
    Third-quarter results due.
    
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE 
    Third-quarter results due.

    SCOUT24  G24n.DE  
    Third-quarter results due.
    
    KOENIG & BAUER  SKBG.DE  
    Third-quarter results due.

    LEONI  LEOGn.DE  
    Third-quarter results due.
   
    CORESTATE  CCAG.DE  
    Third-quarter results due.
    
    HOME24  H24.DE  
    The company raised its full year outlook, forecasting
revenue growth of up to 42%.  urn:newsml:reuters.com:*:nASN000IFB
    
        
    ANALYSTS' VIEWS 
    RWE AG  RWEG.DE : CITIGROUP RAISES PRICE TARGET TO EUR 38.5
FROM EUR 34
     SIEMENS ENERGY AG  ENR1n.DE : JP MORGAN RAISES TO
OVERWEIGHT FROM NEUTRAL, CITIGROUP RAISES PRICE TARGET TO EUR 28
FROM EUR 27
     TEAMVIEWER AG  TMV.DE : RBC CUTS TARGET PRICE TO EUR 56
FROM EUR 58
     CUREVAC NV  CVAC.O : CREDIT SUISSE CUTS TARGET PRICE TO $47
FROM $52
    ADIDAS AG  ADSGn.DE : CREDIT SUISSE RAISES TARGET PRICE TO
EUR 250 FROM EUR 240, EVERCORE ISI RAISES TARGET PRICE TO EUR
280 FROM EUR 225
    SCHAEFFLER AG  SHA_p.DE : JEFFERIES RAISES TARGET PRICE TO
EUR 6.40 FROM EUR 5.80
    NORDEX SE  NDXG.DE : JEFFERIES RAISES TARGET PRICE TO EUR
19.50 FROM EUR 15.50
    RTL GROUP  RRTL.DE : JP MORGAN RAISES TARGET PRICE TO EUR 45
FROM EUR 38
    HENKEL AG & CO KGAA  HNKG_p.DE : JP MORGAN RAISES TARGET
PRICE TO EUR 94 FROM EUR 85
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.9%, S&P 500 .SPX  -0.1%, Nasdaq  .IXIC 
-1.4% at close.  .N 
    Nikkei  .N225  +1.9%, Shanghai stocks  .SSEC  unchanged.
 .T   .SS 
    Time: 5:51 GMT
    
    GERMAN ECONOMIC DATA
    No major economic data scheduled.
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))