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'The downward cycle is over' - Bernstein sees recovery in European real estate

BUZZ-'The downward cycle is over' - Bernstein sees recovery in European real estate ** European property sector bottomed out and is set to recover, supported by lower rate environment, Bernstein says ** Positive rental growth in good quality assets is expected to support an increase in valuations and core profit, benefiting shareholders returns, th
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Banco, Shell, WH Smith

EUROPE RESEARCH ROUNDUP-Banco, Shell, WH Smith Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Banco, Shell and WH Smith on Thursday. HIGHLIGHTS * ABN Amro Bank NV ABNd.AS : JP Morgan raises to neutral from underweight * Banco Bpm BAMI.MI : JP Morgan raises to neutral from underweight * Shell Plc SHEL.L : Berenberg cuts target price to 3,100p from 3,400p * UMG UMG.AS : Citigroup cuts target price to EUR 26 from EUR 29.50 *
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Carnival, Kingfisher, Unite Group

EUROPE RESEARCH ROUNDUP-Carnival, Kingfisher, Unite Group Sept 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Carnival, Kingfisher and Unite Group on Monday. HIGHLIGHTS * Believe SA BLV.PA : Citigroup resumes coverage with neutral rating; PT EUR 15 * Carnival CCL.L : HSBC raises target price to 960p from 895p * Derwent London DLN.L : Morgan Stanley raises target price to 3000p from 2750p * Kingfisher Plc KGF.L : Barclays cuts to
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Admiral, Capgemini, Zurich Insurance Group

EUROPE RESEARCH ROUNDUP- Admiral, Capgemini, Zurich Insurance Group Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Capgemini and Zurich Insurance Group, on Thursday. HIGHLIGHTS * Admiral ADML.L : Jefferies raises to hold from underperform * Capgemini CAPP.PA : Jefferies cuts target price to EUR 185 from EUR 195 * Glenveagh Properties Plc GLV.I : Jefferies raises to buy from hold * Orsted ORSTED.CO : Deutsche Bank c
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UK's Derwent London lifts annual forecast on improved rental growth

UK's Derwent London lifts annual forecast on improved rental growth Aug 8 (Reuters) - British office landlord Derwent London DLN.L on Thursday raised its annual average portfolio estimated rental value (ERV) forecast, buoyed by improved rental growth for its central London buildings. The London-headquartered firm lifted it 2024 ERV forecast to a range of 3% to 6% for 2024, from February estimates of 2% to 5%.
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