Top of the Street: BBVA, Partners Group, Convatec, Coloplast
28/01/2026 12:00
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** RBC Capital Markets cuts Spanish lender BBVA BBVA.MC to "sector perform" from "outperform", saying that further share price gains could be harder to come by as its attractive valuation is now largely reflected in consensus ** Kepler Cheuvreux upgrades Swiss private markets investment firm Partners Group PGHN.S to "buy" from "hold", citing outlook improvement for 2025 performance fees, positive guidance for 2026 inflows, and an attractive valuation INITIATIONS AND REINSTATEMENTS ** Bernstein resumes coverage on the chronic care sector, rating UK medtech firm Convatec CTEC.L "outperform" and Danish peer Coloplast COLOb.CO "market-perform", viewing the market as offering attractive, defensive growth (*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 Rafal Nowak and Athina Karolidou in Gdansk) ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))