Top of the Street: Lloyds, Royal Dutch Shell, Akka Technologies, HELMA

HELMA Eigenheimbau AG

02/08/2018 11:45

A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
    
    ** Citigroup upgrades Lloyds Banking Group  LLOY.L  to
"neutral" as it sees strong capital return potential with an
attractive dividend yield
    ** Morgan Stanley downgrades Royal Dutch Shell  RDSa.L 
 RDSb.L  to "equal-weight" from "overweight," on
slower-than-expected net debt reduction constraining the pace of
dividend yield compression  urn:newsml:reuters.com:*:nL4N1UT2XV 
    
    INITIATIONS AND REINSTATEMENTS
    ** Berenberg initiates coverage of French engineering and
technology consulting company Akka Technologies  AKA.PA  with
"buy", saying it is one of the leading R&D and engineering
outsourcers in Europe  urn:newsml:reuters.com:*:nL5N1UT1G8 
    ** Berenberg also starts coverage with a "buy" rating on
German homebuilder HELMA Eigenheimbau  H5EG.DE , as it sees
increasing capacity to build high-margin residential parks
driven by land acquisitions
    
(*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.)


 ((joanna.wodzicka@tr.com
mailto:joanna.wodzicka@thomsonreuters.com ,
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