Top of the Street: Poste Italiane, Berkeley Group, Weir Group, Allfunds Group

Allfunds

07/07/2025 11:35

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** J.P.Morgan cuts Italian post and logistics company Poste Italiane PST.MI  to "neutral" from "overweight" seeing a limited scope for positive earnings surprise

** Peel Hunt raises British high-end home builder Berkeley Group BKGH.L  to "buy" from "add", seeing the company's latest move to establish a Build-to-Rent (BtR) portfolio as indicative of its capital discipline which will unlock more value for shareholders

** Citigroup raises Industrial Machinery and Equipment company Weir Group WEIR.L to "buy" from "neutral", expecting opportunities for earnings growth over and above a soft macro environment

INITIATIONS AND REINSTATEMENTS

** Deutsche Bank initiates coverage of UK based Allfunds Group ALLFG.AS with "buy" rating, saying the company offers an organic-growth-at-reasonable-price investment case

(*Analyst rankings from Thomson Reuters StarMine. The scale is from 1-star to 5-star with 5 being the best. Analysts are ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)

 (Reporting by Athina Karolidou and Gianluca Lo Nostro)

 ((Athina.Karolidou@thomsonreuters.com))