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*ASHTEAD RAISED TO ADD VS HOLD AT NUMIS *ARKEMA RAISED TO BUY VS NEUTRAL AT UBS *AXA RAISED TO OUTPERFORM VS NEUTRAL AT MACQUARIE *BASHNEFT RAISEDTO OVERWEIGHT VS NEUTRAL AT JPMORGAN *ENQUEST RAISED TO 'OVERWEIGHT' AT HSBC *GULF KEYSTONE RAISED TO 'NEUTRAL' AT HSBC *PROSIEBENSAT.1 RAISED TO 'OVERWEIGHT' AT HSBC *GAZPROM NEFT CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
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*GAZPROM NEFT CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN *GRIFOLS CUT TO REDUCE VS HOLD AT KEPLER CHEUVREUX *ROSNEFT CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN *SURGUTNG CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
PT Changes
*TOD'S PT RAISED TO EU105 VS EU87 AT DEUTSCHE BANK; KEPT AT HOLD
Initiations
*C&C GROUP RATED NEW UNDERWEIGHT AT BARCLAYS; PT EU4 *FIRST QUANTUM RATED NEW BUY AT GOLDMAN ON TORONTO LISTING
Country Sector Stock Calls
*BRITISH AMERICAN TOBACCO NAMED A MOST PREFERRED STOCK AT CITI *SWEDISH MATCH NAMED A LEAST PREFERRED STOCK AT CITI