>>> Europe : Brokers Upgrades & Downgrades - 17th of May 2019

>>>Up
* ALD Upgraded to Buy at Deutsche Bank
* Anglo American Upgraded to Buy at Liberum
* Atresmedia Upgraded to Overweight at JPMorgan; PT 6.10 Euros
* DWS Upgraded to Buy at Commerzbank; PT 35 Euros
* Mediaset Upgraded to Neutral at JPMorgan; PT 2.90 Euros
* Rio Tinto Upgraded to Buy at Liberum
* SEB Upgraded to Buy at Deutsche Bank
* Schibsted Upgraded to Buy at Kepler Cheuvreux; PT 260 Kroner
* TF1 Upgraded to Overweight at JPMorgan; PT 12.60 Euros

>>> Down
* Antevenio Downgraded to Add at Gilbert Dupont
* Bankia Downgraded to Add at AlphaValue
* Carmila Downgraded to Reduce at Kepler Cheuvreux; PT 18 Euros
* Generali Downgraded to Hold at Kepler Cheuvreux; PT 17.50 Euros
* Informa Downgraded to Neutral at JPMorgan; PT 8.11 Pounds
* Nordea Downgraded to Equal-weight at Barclays
* PostNL Downgraded to Hold at Jefferies; PT 2 Euros
* Swedbank Downgraded to Equal-weight at Barclays; PT 159 Kronor
* Thomas Cook Downgraded to Sell at Citi
* Ubisoft Downgraded to Hold at Midcap Partners; PT 90 Euros
* Umicore Downgraded to Hold at ABN Amro Bank; PT 30 Euros
* Wendel Downgraded to Hold at SocGen; PT 135 Euros
* Wolters Kluwer Cut to Underweight at JPMorgan; PT 57 Euros

>>> Initiation
* BASF Rated New Hold at Pareto Securities; PT 65 Euros
* Buzzi Unicem Rated New Buy at Citi
* Beazley Rated New Overweight at Morgan Stanley; PT 6.51 Pounds
* Centrica Reinstated at Barclays With Underweight; PT 85 Pence
* Drax Reinstated at Barclays With Equal-weight; PT 3.33 Pounds
* Hannover Re Rated New Overweight at Morgan Stanley
* Hurricane Energy Rated New Equal-weight at Barclays; PT 75 Pence
* SSE Reinstated at Barclays With Underweight; PT 10 Pounds

>>> Call
* ‘Oversold’ Europe Energy Sector Is Upgraded at Morgan Stanley