A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
INITIATIONS AND REINSTATEMENTS
** Deutsche Bank initiates Italy's IT and consulting company
Reply REY.MI with "hold" seeing its organic growth being
stronger than its peers
** Kepler Cheuvreux initiates coverage of Netherlands-based
employment agency Randstad RAND.AS with "buy", saying staffing
sector worldwide shows signs of recovery
** Kepler Cheuvreux also initiates coverage of Swiss
staffing company Adecco ADEN.S with a "buy" rating, citing its
heavily discounted share price
(*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 Athina Karolidou and Marta Serafinko)
((athina.karolidou@thomsonreuters.com ;
marta.serafinko@thomsonreuters.com))