Top of the Street: Diageo, Eni, Swiss Prime Site AG
20/04/2020 10:21
A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
** RBC cuts Diageo DGE.L to "sector perform" from
"outperform", saying that increased spend to boost resilience in
case of future shocks will hurt the spirits company's margins
** Jefferies downgrades Italian oil and gas group Eni
ENI.MI to "hold" from "buy" saying the company does not offer
any longer sufficient upside in terms of shareholder returns
INITIATIONS AND REINSTATEMENTS
** Credit Suisse reinstates real estate investment company
Swiss Prime Site AG SPSN.S with "neutral", citing well
balanced short term risks urn:newsml:reuters.com:*:nL8N2C80ZX
(*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.)
(AndreVitor.Tavares@tr.com, boleslaw.lasocki@tr.com)