off-the-wire

Swiss stocks - Factors to watch on March 7

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH/BERLIN, March 7(Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday:


CHINA Chinese companies choose Switzerland over the United States and UK to raise money overseas, reported the Financial Times. GALENICA AG 2022 Full year results due.


LINDT & SPRUENGLI 2022 Full year results due.


DUFRY Reported full-year CORE EBITDA of 606.2 million Swiss francs, resulting in a margin of 8.8%.



COMPANY STATEMENTS
*Sika said it successfully placed a 650-million Swiss franc bond.
*Ascom reported full-year revenue of 297.4 million Swiss francs, reflecting a growth rate of 2.0%. ANALYSTS' VIEWS GURIT HOLDING AG : CREDIT SUISSE CUTS TO UNDERPERFORM FROM NEUTRAL GURIT HOLDING AG : CREDIT SUISSE CUTS TARGET PRICE TO CHF 80 FROM CHF 98 HOLCIM AG : JP MORGAN RAISES TARGET PRICE TO CHF 56 FROM CHF 53 ALCON : HSBC RAISES TARGET PRICE TO CHF 85 FROM CHF 80 STRAUMANN : HSBC RAISES TARGET PRICE TO CHF 82 FROM CHF 80 BELIMO HOLDING AG : CREDIT SUISSE RAISES TARGET PRICE TO CHF 367 FROM CHF 335 FORBO HOLDING AG : CREDIT SUISSE RAISES TARGET PRICE TO CHF 1480 FROM CHF 1270



ECONOMY Swiss February unemployment rate due at 0645 GMT. Seen at
1.9% adjusted. Swiss February Forex reserves CHF due at 0800 GMT.
(Reporting by Zurich newsroom and Berlin Speed Desk)


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