RHI, Conwert Added to ‘Austrian Recommended List’ at UniCredit

RHI AG (RHI) and Conwert Immobilien Invest SE (CWI) were added to UniCredit SpA (UCG)’s “Austrian Recommended List,” according to a note by analyst Thomas Neuhold. He dropped Strabag SE (STR) and EVN AG (EVN) from the list.

“We maintain our ‘buy’ recommendation on EVN and Strabag, however, we believe the share price development will be more positive at conwert and RHI than at EVN and Strabag in the next couple of months,” Neuhold said in the note sent to customers.

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