European Morning Research Summary

A comprehensive summary of Barclays' European equity research covering rating changes for industrial firms, significant guidance upgrades for IG Group, and a macro strategy for navigating rising bond yields.

Key Takeaways

• 1.Barclays initiated coverage on three industrials: Aalberts N.V. (Overweight), Ariston Group (Underweight), and Beijer Ref (Overweight).
• 2.IG Group received significant revenue upgrades and a price target increase following active customer growth of 12% in Q1.
• 3.Fluidra was downgraded to Equal Weight due to concerns regarding US destocking risks over the next 2-3 quarters.

Table of Contents

• Summary of Changes
• Company Research
• Industry Research
• Equity Strategy
• Publications Summary
• Consumer
• Energy
• Financial Services
• Healthcare
• Industrials
• Internet & Media
• Power & Utilities
• Retail
• Technology
• Analyst(s) Certification(s)
• Important Disclosures

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial