Ratings of the day 26.04.2017

[Admin]

UPGRADES:
• AMS raised to add at AlphaValue
• Agrana raised to buy at Erste Group, PT EU116.50
• Andritz raised to buy at Baader-Helvea
• Bellway raised to add at Peel Hunt, PT 3,145p
• Concordia Maritime raised to buy at Swedbank, PT SEK19
• Danieli raised to outperform at MedioBanca
• Deutsche Beteiligungs AG raised to buy at M.M. Warburg
• Ericsson raised to hold at Kepler Cheuvreux, PT SEK56
• FRoSTA raised to hold at GSC Research, PT EU66
• GN raised to buy at HSBC, PT DKK185
• Getinge raised to hold at DNB Markets, PT SEK170
• Metso raised to buy at Carnegie, PT EU35
• PhosAgro raised to hold at Deutsche Bank, PT $13
• Redefine raised to buy at Peel Hunt
• Rosslyn Data Technologies raised to buy at Cenkos Securities
• Sabadell raised to buy at Citi, PT EU2.15
• Sky raised to buy at Jefferies, PT 1,200p
• Stabilus raised to buy at M.M. Warburg, PT EU70
• Straumann raised to outperform at MainFirst, PT CHF553
• VW raised to buy at Bankhaus Lampe, PT EU190
• Vaisala raised to accumulate at Inderes, PT EU42
• Viscofan raised to hold at Intermoney Valores, PT EU47
• Volvo raised to buy at Pareto Securities, PT SEK165
DOWNGRADES:
• Circassia cut to hold at Peel Hunt
• Coloplast cut to hold at HSBC, PT DKK585
• Com Hem cut to reduce at Swedbank, PT SEK90
• Covestro cut to hold at Commerzbank, PT EU78
• Essilor cut to hold at SocGen, PT EU125
• Grenke cut to hold at HSBC, PT EU188
• Hispania Activos Inmobiliarios SOCIMI cut to neutral at Goldman
• Innogy cut to reduce at HSBC, PT EU31
• Jungheinrich cut to hold at M.M. Warburg
• Mondi cut to hold at Goodbody Stockbrokers, PT GBP19.20
• Next cut to underperform at Jefferies
• SAP cut to sell at Stifel, PT EU75
• Savills cut to hold at Peel Hunt, PT 910p
• Severn Trent cut to reduce at HSBC, PT GBP22
• Storebrand cut to hold at SEB Equities, PT NOK63
• Tele2 cut to neutral at New Street Research, PT SEK90
• Transgene cut to hold at Kepler Cheuvreux, PT EU3.40
• William Demant cut to reduce at HSBC, PT DKK135
INITIATIONS:
• Autogrill New Buy at Deutsche Bank, PT EU11.50
• Avantium Holding BV New Buy at ING, PT EU14.22
• CCPG LN New Positive at Stifel
• Compass New Hold at Deutsche Bank, PT 1,600p
• Edenred New Hold at Deutsche Bank, PT EU24
• Elior Group New Buy at Deutsche Bank, PT EU25
• Genfit New Buy at Natixis, PT EU45
• Green & Smart Holdings New Buy at Cantor, PT 5p
• Hella New Buy at Hauck & Aufhaeuser, PT EU57
• Medica Group New Buy at Investec, PT 253p
• Nets New Neutral at Citi, PT DKK122
• Prosegur Cash New Buy at CaixaBank, PT EU2.50
• SSP New Hold at Deutsche Bank, PT 440p
• Sodexo New Buy at Deutsche Bank, PT EU125