A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
** Kepler Cheuvreux cuts Geberit GEBN.S to "reduce" from
"hold", predicting a decline in sales volumes and higher cost
inflation for the Swiss supplier of building materials
urn:newsml:reuters.com:*:nL8N2SD1JX
** UBS sees potential for earnings upgrades for Sweden's
hygiene products maker Essity ESSITYa.ST through 2022, raising
to "buy" from "neutral", even as raw material prices skew risk
to the downside urn:newsml:reuters.com:*:nL8N2SD27Q
** Inderes raises Finnish used car retailer Kamux KAMUX.HE
to "buy" from "accumulate", citing an attractive share price and
long-term opportunity as a new strategy puts growth in priority
(*Analyst rankings from Thomson Reuters StarMine. The scale is
from 1-star to 5-star with 5 being the best. Analysts are ranked
on earnings accuracy as well as relative performance of
recommendations over trailing 12-month & 24-month periods.)
(Reporting by Sarah Morland and Aida Pelaez-Fernandez)
((sarah.morland@tr.com))