Adidas, BAE, Lloyds Named Among RBC’s 16 European Stocks to Buy
2015-08-26 05:29:06.970 GMT
By James Cone
(Bloomberg) -- RBC names 16 European stocks which it is
“happy to buy today,” regardless of turmoil in global equity
mkts, based on recommendations by sector analysts in note.
* RBC sees avg. implied upside of 32%
* Says consistent themes include limited China/EM exposure,
cost savings/margin growth potential, strong and/or
improving cash flow, costs in EM currencies
* RBC’s picks are Adidas, Amerisur, BAE Systems, Balfour
Beatty, Compass, Diageo, Enel, Geberit, H&M, Lloyds, LSE,
Munich Re, Numericable, Petra Diamonds, Ryanair, Voestalpine
* All stocks are rated outperform except Numericable which is
rated top pick
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To contact the reporter on this story:
James Cone in London at +44-20-3525-2572 or
jcone@bloomberg.net
To contact the editor responsible for this story:
Gaurav Panchal at +44-20-3525-0511 or
gpanchal2@bloomberg.net
2015-08-26 05:29:06.970 GMT
By James Cone
(Bloomberg) -- RBC names 16 European stocks which it is
“happy to buy today,” regardless of turmoil in global equity
mkts, based on recommendations by sector analysts in note.
* RBC sees avg. implied upside of 32%
* Says consistent themes include limited China/EM exposure,
cost savings/margin growth potential, strong and/or
improving cash flow, costs in EM currencies
* RBC’s picks are Adidas, Amerisur, BAE Systems, Balfour
Beatty, Compass, Diageo, Enel, Geberit, H&M, Lloyds, LSE,
Munich Re, Numericable, Petra Diamonds, Ryanair, Voestalpine
* All stocks are rated outperform except Numericable which is
rated top pick
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
James Cone in London at +44-20-3525-2572 or
jcone@bloomberg.net
To contact the editor responsible for this story:
Gaurav Panchal at +44-20-3525-0511 or
gpanchal2@bloomberg.net