Top of the Street: Enel, PSP Swiss Property, LondonMetric Property

PSP Swiss Property AG

24/11/2022 13:29

Nov 24 - A round-up of notable broker activity this
morning from Europe's top-ranked* analysts:
    ** Morgan Stanley ups real estate holding company PSP Swiss
Property  PSPN.S  to "equal-weight" from "underweight" citing
Switzerland's, and Swiss real estate's, defensive qualities
    ** It also cuts LondonMetric  LMPL.L  to "equal-weight" from
"overweight" as it sees more opportunity in other logistics
peers at current stock valuation 
    ** Citigroup cuts Enel  ENEI.MI  to "sell" from "neutral"
after Italy's biggest utility on Tuesday said it plans asset
sales worth 21 bln euros ($21.65 bln) to cut its debt pile
(*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 Marta Serafinko and Antonis Triantafyllou)
 ((marta.serafinko@thomsonreuters.com;
antonis.triantafyllou@thomsonreuters.com))