Top of the Street: Nemetschek, salmon farmers, UPM, STMicroelectronics, Sika

Austevoll Seafood ASA

29/10/2018 12:28

A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
    ** Helvea upgrades Nemetschek  NEKG.DE  to "buy" due to co's
ability to deliver strong organic growth rates
    ** Pareto Securities upgrades Marine Harvest  MHG.OL ,
Bakkafrost  BAKKA.OL , Austevoll Seafood  AUSS.OL  and Norway
Royal Salmon  NRSM.OL  to "buy" due to strong market, is
"positively surprised by the consumer's willingness to pay for
salmon"
    ** UBS upgrades STMicroelectronics to "neutral" as it sees
sector correction will not be as severe as is now being priced
in
    ** Zurcher Kantonalbank upgrades Sika  SIKA.S  to
"outperform" due to earnings momentum being above average after
a strong decline in share price
    
    INITIATIONS AND REINSTATEMENTS
    ** Evli re-instates UPM  UPM.HE  stock with "buy", says
"co's balance sheet is positioned for major investments"    
    
(*Analyst rankings from Thomson Reuters StarMine. Scale is from
1-star to 5-star with 5 being best. Analysts ranked on earnings
accuracy as well as relative performance of recommendations over
trailing 12-month & 24-month periods.)

 ((Kostas.Boras@tr.com Anita.Kobylinska@tr.com
mailto:Anita.Kobylinska@thomsonreuters.com))