-UBS lowers rating on Swedish Getinge, trims price target.
NORDIC BUSINESS REPORT-December 9, 2011--UBS lowers rating on Swedish Getinge, trims price target(C)2011 M2 COMMUNICATIONS http://www.m2.com
9 December 2011 - UBS downgraded today its recommendation on Swedish medical equipment supplier Getinge AB (STO:GETI B) to "neutral" from "buy", also reducing the 12-month share price target to SEK 185 from SEK 190.
The bank even removed the stock from its "most preferred" list.
By 09:05 CET today, B-series shares in Getinge had lost 1.05% to SEK170.20 on the stock exchange in Stockholm.
(EUR1 = SEK9.1)
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||Nordic Business Report|
|Article Type:||Brief article|
|Date:||Dec 9, 2011|
|Previous Article:||-Oasmia Pharmaceutical loss shrinks in Q2 FY 2011 on lower costs.|
|Next Article:||-Swedish Transatlantic completes SEK555m share issue.|