Top of the Street: Commerzbank, Rightmove, UPM-Kymmene

Rightmove

10/11/2025 13:08

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** Deutsche Bank upgrades Commerzbank CBKG.DE to "buy" from "hold", citing strong NII prospects on expected loan growth

** Morgan Stanley ups Finland-based biomaterials company UPM-Kymmene UPM.HE to "overweight" from "equal-weight", favoring the stock based on its cost improvement and prospects in free cash flow generation

** Panmure Liberum raises British online property portal Rightmove RMV.L to "buy" from "hold", saying that following recent selloff, the shares discount even cautious financial forecasts

** UBS on the other hand cut Rightmove to "neutral" from "buy", citing pressure for near-term profits following the new-AI driven strategy announcement

(*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 Mateusz Rabiega and Paolo Laudani)

 ((Mateusz.rabiega@thomsonreuters.com))