Top of the Street: Enagas, TAG Immobilien, Hunting

TAG Immobilien AG

16/12/2022 12:25

A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
    ** J.P.Morgan cuts Enagas  ENAG.MC  to "underweight," citing
growth capex in regulated assets being further delayed by
politics
    ** Stifel cuts TAG Immobilien  TEGG.DE  to "hold," in line
with the broker's general "neutral" view on the German real
estate sector which it says lacks near-term catalyst and risk to
2022 dividends
    ** Barclays raises British supplier to the oil and gas
industry Hunting  HTG.L  to "overweight" on the company's upbeat
2023 EBITDA guidance 4-10% above market expectations
(*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 Diana Mandiá Álvarez, Agata Rybska)
 ((Agata.rybska@thomsonretuers.com))