| |
|
Current recommendation (euros) |
|
|
| Institution |
|
Rating |
Target |
Date |
|
Last issued research |
| Societe General |
|
Hold |
3.80 |
09-May-12 |
|
Domestic woes likely to persist |
| Espirito Santo |
|
Buy |
5.40 |
13-Apr-12 |
|
Lower EBITDA from Brazil, but higher dividends |
| Santander |
|
Buy |
6.00 |
29-Mar-12 |
|
FY11E Earnings Preview |
| Goldman Sachs |
|
Neutral |
5.40 |
28-Mar-12 |
|
Dividend cut could help the stock to find a floor |
| Macquarie |
|
Outperform |
4.70 |
26-Mar-12 |
|
Upgrade on plan β |
| Nomura |
|
Neutral |
6.30 |
26-Mar-12 |
|
2012 outlook and dividend language in focus |
| Millennium bcp |
|
Buy |
6.30 |
19-Mar-12 |
|
Strong growth carries on |
| ING |
|
Buy |
4.65 |
14-Mar-12 |
|
Sector leading dividend yield |
| Exane - BNP |
|
Neutral |
4.40 |
14-Mar-12 |
|
Telecom Operators - Let's face it - Sector and stock implications |
| Credit Suisse |
|
Underperform |
4.00 |
14-Mar-12 |
|
Dedrease Price Target |
| Berenberg Bank |
|
Hold |
4.60 |
5-Mar-12 |
|
European Telecoms |
| Deutsche Bank |
|
Hold |
4.10 |
26-Feb-12 |
|
4Q / FY outlook |
| Citi |
|
Buy |
4.70 |
14-Feb-12 |
|
Beyond High Yield |
| BBVA |
|
Market Perform |
4.50 |
6-Feb-12 |
|
Portuguese Telecoms |
| New Street |
|
Reduce |
2.90 |
3-Feb-12 |
|
Oi Group - Spread too thin |
| BofA/Merrill Lynch |
|
Underperform |
3.75 |
2-Feb-12 |
|
Portuguese 10-yr yield @ 15% |
| Bernstein |
|
Market perform |
4.50 |
27-Jan-12 |
|
Portugal Telecom: Oi ! Downgrading to Market-Perform |
| BPI |
|
Buy |
5.00 |
24-Jan-12 |
|
Be greedy when others are fearful |
| UBS |
|
Neutral |
4.50 |
18-Jan-12 |
|
Q4 preview, lowering target |
| Oddo securities |
|
Reduce |
5.00 |
12-Jan-12 |
|
Initial counter attacks against free |
| Caixa BI |
|
Buy |
|
|
|
Brazil is the Trigger |