Additional European Equity News
Barry Callebaut (BARN SW) upgraded to Overweight from Equal Weight at Morgan Stanley
Bellway (BWY LN) downgraded to Hold from Add at Peel Hunt
British American Tobacco (BATS LN) - Co. is nearing a potential settlement regarding tobacco litigation in Canada, following a five-year legal process involving its subsidiary Imperial Tobacco. A plan has been filed in court to resolve all claims, allowing ongoing operations while maximising creditor recovery. Financial details remain undisclosed. (Newswires)
BooHoo (BOO LN) - H1 Update (GBP): Revenue 620mln (exp. 685mln), adj. EBITDA 21mln (prev. 31mln). Strategic review launched. CEO to step down. (Neswswires)
Bunzl (BNZL LN) downgraded to Neutral from Buy at Citi
Danone (BN FP) downgraded to Equal Weight from Overweight at Morgan Stanley
Geberit (GEBN SW) upgraded to Buy from Neutral at Goldman Sachs
Lindt (LISN SW) upgraded to Equal Weight from Underweight at Morgan Stanley
Nestle (NESN SW) upgraded to Outperform from Sector Perform at RBC
Nokia (NOKIA FH) downgraded to sell from reduce at Inderes
Richemont (CFR SW) downgraded to Neutral from Buy at Goldman Sachs
Yara (YAR NO) initiated with Sell at Redburn
18 Oct 2024 - 07:10- EquitiesResearch Sheet- Source: Newsquawk
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