HQ Bank upgrades Swedish Scania to "no case"

Posted on: Fri, 30 Oct 2009 12:12:00 EDT


Symbols: SVKBF
Washington, D.C.,, Oct 30, 2009 (M2 PRESSWIRE via COMTEX) --
SVKBF | Quote | Chart | News | PowerRating -- 30 October 2009 - HQ Bank has raised the recommendation on Swedish
truck and bus maker Scania AB (STO: SCV B) to "no case" from "sell".

The operating profit estimates for Scania were upgraded by 5% for 2010
and by 3% for 2011.

The B-series share in Scania had gained 1.37% to SEK92.60 by 13:30 CET
on Friday on the OMX Nordic Exchange in Stockholm.

(EUR1 = SEK10.4)

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