Additional European Equity News

Barratt Developments (BDEV LN) / Redrow (RDW LN) - UK CMA regulator to probe Barratt/Redrow deal. Invitation to comment closes on April 2nd. (Newswires) 

Berkely (BKG LN) - Issues Q3 Trading Update, affirms outlook. (Newswires) 

HelloFresh (HFG GY) - CFO says from 2025 onwards Capex is forecast to further step down to around EUR 200mln or under, RTE to be the biggest investment in that period. (Newswires)

LPP (LPP PW) – Hindenburg says it is short the shares of LPP S.A (LPP PW). (Newswires)

Orlen (PKN PW) - Sells 100% of its stake in the gas storage system within Poland. (Newswires)

WH Smith (SMWH LN) – Robert Moorhead to retire as CFO, Maz Izzard appointed as the replacement. (Newswires)

Aedifica (AED BB) downgraded to Accumulate from Buy at KBC 

ADP (ADP FP) upgraded to Outperform from Neutral at BNP Paribas

British Land (BLND LN) upgraded to Buy from Hold at Shore Capital 

Brunello Cuccinelli (BC IM) downgraded to Hold from Buy at SocGen

Carrefour (CA FP) downgraded to Neutral from Outperform at Oddo

Fraport (FRA GY) upgraded to Outperform from Neutral at BNP Paribas 

Derwent London (DLN LN) upgraded to Buy from Hold at Shore Capital

Encavis (ECV GY) downgraded to Hold from Buy at Hauck & Aufhauser

Intertek (ITRK LN) downgraded to Sell from Hold at Shore Capital 

Rheinmetall (RHM GY) downgraded to Hold from Buy at Warburg Research 

Smurfit Kappa (SKG LN) upgraded to Overweight from Equal Weight at Morgan Stanley

Volvo (VOLCARB SS) downgraded to Neutral from Outperform at BNP Paribas 

15 Mar 2024 - 07:10- EquitiesResearch Sheet- Source: Newsquawk