Swiss stocks - Factors to watch on November 21
21/11/2024 06:31
ZURICH/GDANSK, Nov 21 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Thursday:
ZURICH INSURANCE GROUP AG ZURN.S
Europe's fifth-largest insurer Zurich Insurance unveiled its
targets for the next three years on Thursday, aiming to reach
average annual growth of more than 9% in its core earnings per
share.
NOVARTIS AG NOVN.S
The Swiss drugmaker raised its medium-term sales guidance,
predicting 6% annual growth through 2028.
JULIUS BAER GRUPPE AG BAER.S
The bank reported substantial growth in assets under
management in first 10 months of 2024.
COMPANY STATEMENTS
* Georg Fischer GF.S said on Wednesday it raised 650
million Swiss francs on Swiss debt capital market
* Bookrunner said on Wednesday stake of about 1.2 billion
Swiss francs in Galderma GALD.S was offered via an accelerated
bookbuilding process.
ANALYSTS' VIEWS
SONOVA HOLDING AG SOON.S - JEFFERIES CUTS TARGET PRICE TO
CHF 275 FROM CHF 290, CITIGROUP CUTS TARGET PRICE TO CHF 244
FROM CHF 250
ECONOMY
Swiss October Money Supply M3 due at 0800 GMT.
(Reporting by Zurich newsroom and Gdansk newsroom)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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