Swedish stocks: Seen opening lower, Deutsche Bank cuts SKF recommendation

Softronic AB

04/04/2019 07:46

** Swedish shares seen opening lower on Thursday, slightly underperforming
European markets
    ** Asian shares held near an eight-month peak on Thursday as investors
awaited developments on Sino-U.S. trade talks, with both sides appearing closer
to signing a deal and improved risk appetite weighing on safe-haven assets like
the yen
    ** Deutsche Bank cuts its recommendation on SKF  SKFb.ST  to hold from buy
 urn:newsml:reuters.com:*:nL8N21M0ZP
    ** Berenberg initiates coverage of Husqvarna  HUSQb.ST  with buy rating,
price target SEK 105  urn:newsml:reuters.com:*:nL8N21M0KC
    ** Credit Suisse reinstates coverage of Tele2  TEL2b.ST  with neutral rating
and SEK 119 target price  urn:newsml:reuters.com:*:nL8N21M0MQ
    ** Bank of America Merrill Lynch cuts its recommendation on Electrolux
 ELUXb.ST  to neutral from buy, according to news agency Direkt, which refers to
Bloomberg
    ** Bank of America Merrill Lynch cuts its recommendation on Atlas Copco
 ATCOa.ST  to underperform from neutral 
    ** SEB cuts its recommendation on Intrum  INTRUM.ST  to hold from buy,
according to news agency Direkt
    ** Deutsche Bank raises its price target on Assa Abloy  ASSAb.ST  to SEK 190
from SEK 185
    ** Kepler Cheuvreux raises its price target for H&M  HMb.ST  to SEK 160 from
SEK 140, according to news agency Direkt
    ** Nordea cuts its recommendation on Castellum to sell from hold, on Sagax
 SAGAa.ST  to sell from hold, and on Klovern  KLOVa.ST  to hold from buy,
according to news agency Direkt
    ** Lundin Petroleum  LUPE.ST  has made final investment decision on Rolvsnes
find well test  urn:newsml:reuters.com:*:nFWN21M066
    ** Eltel  ELTEL.ST  evaluates strategic alternatives for its Polish and
German operations  urn:newsml:reuters.com:*:nASP000XPY
    ** Loomis  LOOMb.ST  acquires 100 pct of Prosegur Cash Holding France
 urn:newsml:reuters.com:*:nFWN21M0B7
    ** Tobii  TOBII.ST : Marten Skogo leaves co's group management  urn:newsml:reuters.com:*:nFWN21M062
    ** Sweco  SWECb.ST  wins order worth around $5.2 mln  urn:newsml:reuters.com:*:nFWN21M08E
    ** Softronic  SOFb.ST : Anders Eriksson proposed as new chairman 
    ** Granges  GRANG.ST  enters into new credit facility agreements
 urn:newsml:reuters.com:*:nFWN21M05T
     
        
 IG pre-market trading Stockholm OMXS30                     -0.5 pct
 Stoxx Europe 50 future                   STXEc1            -0.2 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     -0.4 pct 
 S&P 500 close previous trading day       .SPX              +0.2 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    
    
    
    

 (RM: helena.soderpalm.thomsonreuters.com@reuters.net)