European broker round-up

Date: Monday 06 Feb 2012

Tecnicas Reunidas: Kleper upgrades to BUY from hold.

Abertis: AlphaValue upgrades to ADD from reduce with a price target of €14.10.

Danone: Barclays upgrades to OVERWEIGHT from neutral with a price target of €52.20.

E.On: HSBC downgrades to underweight from overweight with a price target of €16.

ADP: AlphaValue upgrades to BUY from add with a price target of €70.40.

Ahold: AlphaValue upgrades to BU from add with a price target of €13.10.

Air Liquide: AlphaValue upgrades to ADD from reduce with a price target of €106.50.

Bank of Ireland: Alphavalue downgrades to SELL from reduce with a price target of €0.10.

Peugeot: AlphaValue downgrades to SELL from reduce with a price target of €14.

Air France-KLM: CM-CIC reiterates BUY with a price target of €8.

MJ.J.

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