Croatia’s share indices extend gains thanks to Podravka, Adris
Ljubljana share indices end week up, Telekom Slovenije leads gainers
Most Sofia bourse indices fall, Fibank paces blue-chip losers
UPDATE 1 - Bulgarian regulator okays 6.5% hike in Dec natgas price
Zarneni Hrani Bulgaria boosts 9-mo cons net profit, revenue falls
Dec 21, 2009 13:38 EEST
December 21 (SeeNews) - Austria's Raiffeisen Centrobank (RCB) said on Monday it has kept its "reduce" recommendation on Slovenian blue-chip Nova Kreditna Banka Maribor (NKBM) and cut its target price.
"We keep the stock at “reduce” and cut our TP from 15 euro ($16) to 11 euro to reflect a massive downgrade of the 2010 EPS [earnings per share] outlook by 49% accounting for higher risk provisioning and coupon payments from the proposed subordinated bond issue," RCB said in a statement.
No trading data for NKBM were available on the Ljubljana Stock Exchange by 1105 GMT on Monday. NKBM shares closed 3.76% up at 11.86 kuna on Friday.
($ = 0.698 euro)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options