Ratings of the day 12.04.2017

[Admin]

UPGRADES:
• Autogrill raised to buy at Equita SIM, PT EU11.80
• BBGI SICAV SA/Fund raised to hold at Jefferies
• Carlsberg raised to hold at HSBC, PT DKK670
• Ericsson raised to neutral at Credit Suisse, PT SEK57
• Meggitt raised to buy at BofAML, PT 530p
• Tenaris raised to outperform at MedioBanca
• Yara raised to buy at Goldman, PT NOK460
DOWNGRADES:
• CaixaBank cut to sector perform at RBC, PT EU3.70
• EnQuest cut to sell at Canaccord, PT 35p
• Fugro cut to hold at ING
• Gazprom cut to sell at Goldman, PT $4
• LVMH cut to hold at SocGen, PT EU230
• Maire Tecnimont cut to hold at Kepler Cheuvreux, PT EU3.50
• S IMMO cut to accumulate at SRC Research, PT EU13
• Surteco cut to accumulate at Equinet
INITIATIONS:
• Banca Generali New Accumulate at Banca Akros, PT EU28
• Deutsche Boerse reinstated neutral at Goldman
• Forterra New Outperform at Exane, PT GBP3
• Francaise Energie New Speculative Buy at GMP FirstEnergy
• Francaise Energie New Speculative Buy at GMP, PT EU40
• ID Logistics Group New Buy at Natixis, PT EU160
• Ibstock New Outperform at Exane, PT GBP2.65
• Stef New Neutral at Natixis, PT EU84
• Telia Resumed Neutral at JPMorgan, PT SEK33.80
• UK Oil & Gas Investments New Buy at Cenkos Securities, PT 4p
• Wincanton New Buy at Canaccord, PT 322p
• dormakaba New Buy at Oddo & Cie, PT CHF928