Ratings of the day 17.05.2017

[Admin]

UPGRADES:
• Aeffe raised to outperform at MedioBanca, PT EU2.08
• Africa Oil raised to buy at Pareto Securities, PT SEK18
• Barclays raised to buy at UBS, PT 235p
• Drillisch raised to buy at Equinet
• Hawesko raised to hold at Bankhaus Lampe, PT EU44
• Kingfisher raised to buy at HSBC, PT GBP4.40
• Lanxess raised to buy at M.M. Warburg, PT EU79
• OMV raised to buy at Jefferies
• Reckitt Benckiser raised to buy at Redburn
• Rio Tinto raised to top pick at RBC, PT 4,400p
• Saras raised to buy at Equita SIM, PT EU2.53
• Saras raised to buy at Kepler Cheuvreux, PT EU2.40
• Sound Energy raised to buy at Cantor, PT 76p
• Tarsus Group raised to buy at Peel Hunt
• Virgin Money raised to outperform at Credit Suisse
• Yara raised to buy at Liberum, PT NOK400
• Zurich Ins. raised to buy at DZ Bank, PT CHF317
DOWNGRADES:
• BBVA cut to hold at Fidentiis Equities, PT EU7
• DKSH cut to sell at Baader-Helvea, PT CHF76
• Datalogic cut to neutral at Banca Akros, PT EU27
• Dunelm cut to hold at HSBC, PT GBP6.40
• EasyJet cut to hold at Kepler Cheuvreux, PT 1,300p
• EasyJet cut to sell at Canaccord, PT 1,076p
• EasyJet cut to sell at SocGen, PT 1,050p
• El.En. cut to inline at Banca Aletti, PT EU31
• Fincantieri cut to underweight at JPMorgan, PT EU0.67
• Galp cut to hold at Jefferies, PT EU15
• Halfords cut to hold at HSBC, PT GBP3.80
• Hellenic Petroleum cut to sell at Berenberg
• Hikma cut to underperform at Jefferies, PT 1,450p
• Lenzing cut to hold at Kepler Cheuvreux
• Motor Oil Hellas cut to hold at Berenberg
• N Brown cut to hold at HSBC, PT GBP2.80
• Natixis cut to hold at Jefferies, PT EU6.94
• Nexity cut to neutral at Natixis
• Ophir Energy cut to underperform at Jefferies, PT 75p
• Premier Oil cut to hold at Jefferies, PT 68p
• Roularta Media Group cut to hold at KBC Securities
• Soco cut to hold at Jefferies, PT 165p
• Ubisoft cut to hold at Kepler Cheuvreux, PT EU49
• Ubisoft cut to reduce at Gilbert Dupont
• Wentworth Resources cut to hold at Panmure Gordon & Co, PT 25p
• Worldline cut to neutral at UBS, PT EU31.50
• Zumtobel cut to neutral at UBS
INITIATIONS:
• Ascopiave New Hold at Kepler Cheuvreux, PT EU3.60
• Auto Trader New Sell at Berenberg, PT 350p
• BP New Buy at Panmure Gordon & Co, PT 520p
• Bauer New Hold at M.M. Warburg, PT EU22.50
• Faroe Petroleum New Buy at Arden Partners, PT 98p
• Gestamp Automocion New Buy at Santander, PT EU7
• Inventiva New Buy at KBC Securities, PT EU9.50
• Konecranes New Buy at Commerzbank, PT EU45
• NEX Group Resumed Hold at Liberum, PT 638p
• Neinor Homes SLU New Buy at Citi, PT EU23.10