>>> Up
* ArcelorMittal Raised to Hold at SocGen; PT 10.30 euros
* ASA International Group Raised to Buy at Citi; PT 239 pence
* Bouygues Raised to Overweight at JPMorgan; PT 35 euros
* Kingfisher Raised to Reduce at AlphaValue
* LafargeHolcim Raised to Buy at SocGen
* Lonza PT Raised to 590 Swiss francs at Jefferies
>>> Down
* Ackermans Cut to Hold at Kepler Cheuvreux; PT 124 euros
* Bellway Cut to Underperform at BofA; PT 2,300 pence
* BillerudKorsnas Cut to Hold at SEB Equities; PT 133 kronor
* BillerudKorsnas Cut to Underperform at Jefferies; PT 115 kronor
* Cyan Cut to Hold at MainFirst; PT 15 euros
* Deutsche Bank Cut to Reduce at Kepler Cheuvreux; PT 6.50 euros
* Moncler Cut to Hold at Jefferies; PT 36 euros
* RBI Cut to Reduce at Kepler Cheuvreux; PT 14.50 euros
* Saint-Gobain Cut to Hold at SocGen; PT 34 euros
* Schoeller-Bleckmann Cut to Hold at Erste Group; PT 29 euros
>>> Initiation
* Admiral Rated New Hold at Berenberg; PT 2,566 pence
* Aegon Rated New Buy at Berenberg; PT 4.50 euros
* Ageas SA/NV Rated New Hold at Berenberg; PT 45.90 euros
* Aviva Rated New Hold at Berenberg; PT 477 pence
* Barratt Cut to Neutral at BofA; PT 550 pence
* Buzzi Unicem Rated New Buy at SocGen; PT 24 euros
* Capgemini Resumed Buy at Citi; PT 120 euros
* Direct Line Rated New Buy at Berenberg; PT 341 pence
* Gjensidige Rated New Hold at Berenberg; PT 200 kroner
* Hannover Re Rated New Hold at Berenberg; PT 175 euros
* Hastings Rated New Buy at Berenberg; PT 248 pence
* M&G Rated New Buy at Berenberg; PT 200 pence
* Munich Re Rated New Buy at Berenberg; PT 306 euros
* NN Rated New Hold at Berenberg; PT 38.70 euros
* Poxel Rated New Market Outperform at JMP; PT 21 euros
* Redrow Cut to Underperform at BofA; PT 400 pence
* Sabre Insurance Rated New Hold at Berenberg; PT 284 pence
* Scor Rated New Buy at Berenberg; PT 32 euros
* Swiss Re Rated New Buy at Berenberg; PT 99 Swiss francs
* Taylor Wimpey Cut to Neutral at BofA; PT 160 pence
* Topdanmark Rated New Hold at Berenberg; PT 290 kroner
* Tryg Rated New Buy at Berenberg; PT 212 kroner
* Vistry Group Cut to Underperform at BofA; PT 710 pence
>>> Call
* Aggreko Estimates Cut Amid Virus’s Impact on Oil, Events: Citi
* BillerudKorsnas Stock Rally Has Gone Too Far, Cut at Jefferies
* Carlsberg More Than ‘Covid-19 Trade;’ PT Raised at Jefferies
* DSV Panalpina’s 2Q Ebit ‘Phenomenal From Any Angle’: Bernstein
* LSE’s Refinitiv Purchase Still Likely to Be Approved, Citi Says
* Offshore Drillers Equity Negative Under Liquidation: Barclays