Swiss stocks - Factors to watch on March 3

SFS AG

03/03/2023 06:03

ZURICH/BERLIN, Mar 3 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Mar 3:
    
    CREDIT SUISSE  CSGN.S 
    Credit Suisse is offering higher deposit rates than its
rivals to attract new funds from wealthy clients in Asia, people
with knowledge of the matter said, as the embattled private bank
seeks to stem outflows and stop its bankers leaving.
 urn:newsml:reuters.com:*:nL1N35A141
      
    COMPANY STATEMENTS
    *SFS Group  SFSN.S : FY EBIT At CHF 330.3 Mln, Up 9.5% YoY,
Expects 2023 EBIT Margin Along Mid-Term Guidance Of 12–15%
 urn:newsml:reuters.com:*:nFWN35A4IZ
    *Coltene Holding  CLTN.S : FY Sales Fell 4.3% To 267.1 Mln
CHF; Maintains 2023 Medium-Term Targets  urn:newsml:reuters.com:*:nFWN35A4U8
    
    ANALYSTS' VIEWS
    ABB  ABBN.S  - HSBC RAISES TARGET PRICE TO CHF 32 FROM CHF
30
    INA INVEST HOLDING AG  INAI.S  - CREDIT SUISSE CUTS TARGET
PRICE TO CHF 21 FROM CHF 22
    SCHINDLER HOLDING AG  SCHN.S  - HSBC RAISES TARGET PRICE TO
CHF 165 FROM CHF 163, CUTS TO REDUCE FROM HOLD; RBC RAISES
TARGET PRICE TO CHF 205 FROM CHF 190
    ZURICH INSURANCE GROUP AG  ZURN.S  - JP MORGAN CUTS TARGET
PRICE TO CHF 430 FROM CHF 500    
    
    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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