UBS has raised its target price for Sartorius to €278, maintaining a 'Neutral' rating. The stock closed at €263.00, reflecting a 3.22% increase on the day, with trading activity across various exchanges showing slight variations in price. The annual high for Sartorius stands at €383.70, while the low is €199.50.
09:53 22.10.2024
UBS has increased its price target for Sartorius from 264 to 278 euros following the release of third-quarter figures, maintaining a "Neutral" rating. Analyst Matthew Weston attributed the adjustment to generally higher valuations within the laboratory services industry.
09:53 22.10.2024
Cathay Pacific Airways expressed disappointment over the delayed delivery of Boeing's 777X jet, marking a strong critique of the manufacturer. Alex McGowan, the airline's Chief Operations and Service Delivery Officer, emphasized the importance of timely aircraft deliveries, stating, "When they’re not, that’s a disappointment to us."
Russia is hosting the BRICS summit, emphasizing its role in creating a "new world order" that challenges Western dominance. The agenda includes discussions on multilateralism, economic cooperation, and potential expansion of the group, while avoiding direct mention of the Ukraine conflict. Key leaders, including those from India, China, and Turkey, are set to engage in talks, highlighting the bloc's growing influence among developing nations.
Samih Sawiris is set to develop a new hotel in Andermatt, Switzerland, with construction awarded to Implenia. The hotel will feature 66 rooms, restaurants, a spa, and fitness area, and is designed with ecological methods, including district heating and a photovoltaic system. Construction begins in spring 2025, with completion expected by November 2027.
UBS shares fell 0.1% to CHF 27.99 in early trading, with a low of CHF 27.81 reached during the session. The stock, which peaked at CHF 28.78 in the past year, has seen significant volatility, dropping to CHF 20.88 on October 27, 2023. Analysts anticipate a dividend of USD 0.823 for 2024 and expect earnings of USD 1.65 per share.
09:29 22.10.2024
UBS has reduced its target price for Porsche SE from 52 to 42 euros while maintaining a "Neutral" rating. Analyst Patrick Hummel cited revised estimates for Volkswagen and Porsche AG, along with new projections for Porsche SE following the company's half-year results. As of October 22, Porsche SE shares were trading at approximately 39.77 euros, reflecting a 0.40% decline.
09:28 22.10.2024
UBS has reduced its target price for Porsche SE from 52 to 42 euros while maintaining a "Neutral" rating. Analyst Patrick Hummel cited revised estimates for Volkswagen and Porsche AG, along with new projections for Porsche SE following the company's half-year results.
09:28 22.10.2024
Vontobel has reaffirmed its buy recommendation for Logitech, raising the price target from CHF 97 to CHF 98, indicating a 26% upside potential. Analyst Michael Foeth noted the company's solid quarterly performance, highlighting its return to growth, high gross and operating margins, and strong innovative capacity supported by a robust corporate culture.
09:23 22.10.2024
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