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CPG Compass News Story

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Consumer CyclicalsConservativeLarge CapHigh Flyer

Top of the Street: Buzzi, Sika, Compass Group

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

** J.P.Morgan upgrades Italy's construction materials producer Buzzi BZU.MI to "overweight" from "neutral" citing cheaper valuation for compared to sector staples and its high exposure to Germany

** The brokerage also "tactically" lifts Swiss chemical group Sika SIKA.S to "neutral" from "underweight" on the stock's recent underperformance against wider construction sector

** Deutsche Banks upgrade its top-pick British restaurant and bar operator Compass Group CPG.L to "buy" from "hold"

(*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 Mateusz Rabiega and Boleslaw Lasocki)

 ((Mateusz.rabiega@thomsonreuters.com;))

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