Swiss stocks - Factors to watch on February 14

Zumtobel AG

14/02/2020 05:45

ZURICH/BERLIN, Feb 14 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
    
    CORONAVIRUS
    The Chinese province at the centre of the coronavirus
outbreak reported a record rise in deaths and thousands more
infections using a broader definition on Thursday, while Japan
became the third place outside mainland China to suffer a
fatality.  urn:newsml:reuters.com:*:nL8N2AB6U4
    
    SCHINDLER  SCHP.S 
    The elevator maker reported full-year net profit down at CHF
929 million  ($948.25 million). 
   
    SYNGENTA
    ChemChina's  CNNCC.UL  unit Syngenta due to report 2019
results.
      
    COMPANY STATEMENTS
    * UBS  UBSG.S  has begun the search for a successor to CEO
Sergio Ermotti and is seeking internal and external candidates
after Ermotti briefed executives on his plans to step down this
year, Bloomberg reported.  urn:newsml:reuters.com:*:nFWN2AD1D6
    * Zumtobel Group AG  ZUMV.VI  said Juerg Zumtobel, chairman
of the supervisory board, and Fritz Zumtobel, member of
supervisory board, had informed the supervisory board about
their decision of an early termination of their contracts.
 urn:newsml:reuters.com:*:nFWN2AD1H2
    
    ANALYSTS' VIEWS
    * ZURICH INSURANCE GROUP AG  ZURN.S : JP MORGAN RAISES PRICE
TARGET TO CHF 430 FROM CHF 420
    * ZURICH INSURANCE GROUP AG  ZURN.S : CITIGROUP RAISES PRICE
TARGET TO CHF 471 FROM CHF 458
    * CREDIT SUISSE GROUP AG  CSGN.S : JP MORGAN RAISES PRICE
TARGET TO CHF 14.5 FROM CHF 14
    * IDORSIA LTD  IDIA.S : JEFFERIES RAISES TARGET PRICE TO CHF
31 FROM CHF 26
    
    
    ECONOMY
    Swiss producer/import prices for January due at 0730 GMT. 
    

($1 = 0.9797 Swiss francs)

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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