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Analyst recommendations

Broker Recommendation
Bank of America Merrill Lynch Underperform
Barclays Capital Under-weight
Canaccord Hold
Cantor Fitzgerald Hold
Cenkos Buy
Citigroup Neutral
Credit Suisse Outperform
Deutsche Bank Securities Hold
Espirito Santo Sell
Exane Neutral
Goldman Sachs Buy
HSBC Global Research Underweight
Investec Hold
Jefferies Hold
Morgan Stanley Equal-weight
Nomura Neutral
Numis Securities Hold
Oriel Securities Sell
RBC Underperform
Redburn Buy
Sanford C. Bernstein Buy
Société Générale Hold
UBS Neutral
Buy 5
Hold 12
Sell 6


Information correct as at 20 February 2015

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