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*ALLIANCE OIL RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN *BANCO POPULAR RAISED TO BUY VS SELL AT SOCGEN *HANNOVER RE RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA *INTERNATIONAL FERRO METALS RAISED TO BUY AT BOFAML *RYANAIR RAISED TO BUY VS NEUTRAL AT NOMURA
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*AERCAP CUT TO UNDERPERFORM VS BUY AT BOFAML *AURUBIS CUT TO HOLD VS BUY AT KEPLER CHEUVREUX *CAP GEMINI CUT TO HOLD VS BUY AT SOCGEN *JAZZTEL CUT TO MARKET PERFORM VS OUTPERFORM AT RAYMOND JAMES *LEGAL & GENERAL CUT TO NEUTRAL VS OUTPERFORM AT MEDIOBANCA *SKY DEUTSCHLAND CUT TO HOLD VS BUY AT BERENBERG *UNILEVER CUT TO NEUTRAL VS BUY AT NOMURA *VALEO CUT TO SELL VS NEUTRAL AT GOLDMAN
PT Change
*BANCA GENERALI PT RAISED TO EU21.5 VS EU20 AT CITI; KEPT AT BUY *VODAFONE PT RAISED TO 250P VS 230P AT BERNSTEIN
Initiation
*ASSURA GROUP RATED NEW BUY AT LIBERUM, PT 42.9P *BIG YELLOW RATED NEW HOLD AT LIBERUM, PT 496P *EUROCASH RATED NEW BUY AT BERENBERG; PT PLN54.90 *HANSTEEN RATED NEW HOLD AT LIBERUM, PT 110P *LONDONMETRIC RATED NEW HOLD AT LIBERUM, PT 128P *METRO AG RATED NEW HOLD AT BERENBERG; PT EU32.8 *MOTHERCARE RATED NEW OVERWEIGHT AT JPMORGAN; PT 450P *PRIMARY HEALTH PROPERTIES RATED NEW HOLD AT LIBERUM, PT 308P *SAFESTORE RATED NEW BUY AT LIBERUM, PT 203P *ST MODWEN RATED NEW BUY AT LIBERUM, PT 406P *UNITE GROUP RATED NEW BUY AT LIBERUM, PT 461P *WORKSPACE RATED NEW BUY AT LIBERUM, PT 546P
Country Sector Stock Call
*RBS REMOVED FROM UBS’S MOST PREFERRED LIST *Air France, De La Rue Removed from SMID Key Buys List at Citi *Pirelli Kept at Buy at BofAML; Investor to Focus on New Plan