Top of the Street: Stora Enso, DSV, Ryanair

Dsv A/S

25/10/2024 13:51

A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
    
    ** Inderes raises the Finnish forestry company Stora Enso
 STERV.HE  to "accumulate" from "reduce" as its balance sheet
offers an attractive return to risk ratio, despite it needing to
implement further measures to reduce the balance sheet discount
    ** HSBC raises DSV  DSV.CO  to "buy" from "hold" as its
track record bodes well for the integration of DB Schenker,
which, if successful, should drive a further re-rating of the
company
    ** Barclays raises Ryanair to "overweight" from
"equal-weight" as it's addressing key strategic issues, while
managing to retain the highest profit margin in Europe
    
(*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 Isabel Demetz and Antonis Pothitos)
 ((Isabel.demetz@thomsonreuters.com))