Top of the Street: ISS, Buzzi, Fuchs, Verallia
17/07/2025 12:53
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Kepler Cheuvreux cuts Italy's Buzzi BZU.MI from "buy" to "hold," citing a 220 basis point margin compression in H1, primarily stemming from the U.S. and German markets ** Kepler Cheuvreux raises German car lubricants maker Fuchs FPEn.DE to "hold" from "reduce" after the "drastic" share price drop on Wednesday, despite being sceptical about the company's new guidance INITIATIONS AND REINSTATEMENTS ** Berenberg initiates coverage on ISS ISS.CO with "buy" as it expects the Danish service provider to increase its 2025 buyback programme and for it to continue in 2026-2027, implying EPS growth ** Citigroup resumes coverage of French glass packaging maker Verallia VRLA.PA with a "buy" rating and a PT of 37.7 euros, highlighting its "appealing" risk/reward profile (*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 Olivier Cherfan and Antonis Pothitos) ((olivier.cherfan@thomsonreuters.com ; antonis.pothitos@thomsonreuters.com))