Outokumpu: Danske Bank raises price target to 9.50 euros (6.30)
2015-03-27 06:05
(Resending of news sent after the Stockholm Stock Exchange closing) (SIX) Danske Bank raises target price on the Finnish steel manufacturer Outokumpu 6.30 to 9.50 euros. The recommendation is left on the purchase. It appears from a letter market on Thursday. "The EU has confirmed that sanctions against dumping activities of Stainless steel is inserted. With regard to China and Taiwan, and will conducted 26 March. We are raising our estimate regarding expected operating profit for 2016 by 23 percent. This figure indicates that The expected growth is 269 percent between 2014-2016, "writes Bank. Outokumpu shares closed at 7.70 euros on the Helsinki Stock Exchange, HEX, on Thursday. Joakim Johansson, +46 31 350 64 84 mailto: joakim.johansson@six-group.se www.blogg.six.seSIXNews SIX News
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