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Top of the Street: UK real estate, European utilities, Covestro, SEB

BUZZ-Top of the Street: UK real estate, European utilities, Covestro, SEB A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank raises three UK real estate companies to "buy" from "hold" citing cautious optimism as Britain moves into a rate cutting cycle ** It upgrades LondonMetric Property LMPL.L as its "roll up & recycle" model continues to plough on, and ups British Land BLND.L and Landsec LAND.L on improving office and retail fundamentals **
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Segro Says Confident In Outlook For Remainder Of Year & Beyond

BRIEF-Segro Says Confident In Outlook For Remainder Of Year & Beyond Sept 26 (Reuters) - SEGRO PLC SGRO.L : CONFIDENCE IN OUTLOOK FOR REMAINDER OF YEAR AND BEYOND Source text for Eikon: ID:nBw7RfX1ya Further company coverage: SGRO.L
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds U.S. Steel, Verizon, Williams Companies, Commerzbank and Distilled Sept 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 20:00 GMT on Wednesday: ** The Biden administration is close to announcing it will block Nippon Steel's 5401.T acquisition of U.S. Steel X.N, two sources familiar with the situation said on Wednesday, amid growing bipartisan political opposition to the $14.9 billion deal.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Nordstrom, SPAR, IHH Healthcare, Oaktree Capital Management updates: Blackstone Sept 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Nordstrom's JWN.N founding family has made a bid to take the department store chain private by offering $23 per share in cash for the stake they do not already own, a filing showed.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Sept 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Blackstone BX.N will acquire Australian data centre group AirTrunk for an implied enterprise value of over A$24 billion ($16.10 billion), it said, in what would be Blackstone's largest investment in the Asia Pacific region.
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Segro To Buy Tritax Eurobox

BRIEF-Segro To Buy Tritax Eurobox Sept 4 (Reuters) - Tritax EuroBox PLC EBOX.L : SEGRO PLC TRITAX EUROBOX PLC - RECOMMENDED ALL-SHARE OFFER FOR TRITAX EUROBOX PLC SEGRO: TRITAX EUROBOX SHAREHOLDERS WILL BE ENTITLED TO RECEIVE 0.0765 NEW SEGRO SHARES FOR EACH TRITAX EUROBOX SHARE SEGRO: TRITAX EUROBOX SHAREHOLDERS WILL BE ENTITLED TO RECEIVE AND RET
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Segro to buy Tritax EuroBox in $1.44 bln European warehousing deal

UPDATE 3-Segro to buy Tritax EuroBox in $1.44 bln European warehousing deal Deal could trigger bidding war with Brookfield Asset Management All-share offer implies Tritax EuroBox valued at 68.4p/share Segro's purchase backed by Tritax's board Adds Balanced Commercial Property Trust deal in paragraph 6, background on sector deals in paragraph 5 Sept 4 (Reuters) - British warehouse owner Segro SGRO.L will buy Tritax EuroBox EBOX.L in a deal valuing the European logistics real estate firm at about
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UK Stocks-Factors to watch on Sept 4

UPDATE 1-UK Stocks-Factors to watch on Sept 4 Updates futures, adds news items in bullet 1- 4 Sept 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0 .85%. * B ARRAT: British housebuilder Barratt BDEV.L posted a better-than-expected annual profit on Wednesday, and said housing demand continues to be sensitive to mortgage affordability.
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UK's Segro agrees to buy Tritax EuroBox for $1.44 bln including debt

REFILE-UK's Segro agrees to buy Tritax EuroBox for $1.44 bln including debt Corrects story identifier; no changes to text Sept 4 (Reuters) - British warehouse owner Segro Plc SGRO.L agreed to buy its smaller peer Tritax EuroBox EBOX.L in an all-share deal with an enterprise value of about 1.10 billion pounds ($1.44 billion), the companies said on Wednesday.
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MS turns more positive on property sector, prefers UK over continental Europe

BUZZ-MS turns more positive on property sector, prefers UK over continental Europe ** Morgan Stanley expects European property firms to face better times soon and raises its industry view to "attractive" as further rate cuts, lower long-term rates and stabilising asset values provide a compelling backdrop ** After a "lost decade" for the British re
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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 Segro falls after UBS downgrade to 'neutral'

BUZZ-UK's Segro falls after UBS downgrade to 'neutral' ** Shares of Segro Plc SGRO.L fall as much as 2.8% to 870.6p, stock among top pct losers on FTSE 100 .FTSE index ** UBS downgrades rating on the warehousing specialist to "neutral" from "buy"; cuts price target to 985p from 1,045p ** Analysts at UBS say downgrade due to weaker outlook for logis
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AJ Bell, Avon Technologies, Hannover

EUROPE RESEARCH ROUNDUP-AJ Bell, Avon Technologies, Hannover Aug 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AJ Bell, Avon Technologies and Hannover on Tuesday. HIGHLIGHTS * AJ Bell Plc AJBA.L : Morgan Stanley raises target price to 316p from 284p * Avon Technologies Plc AVON.L : Barclays raises target price to 1450p from 1400p * Hannover Re HNRGn.DE : Morgan Stanley raises target price to EUR 254 from EUR 252 * UCB SA UCB.B
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Buy the dip on Europe's AI winners, says MS

LIVE MARKETS-Buy the dip on Europe's AI winners, says MS STOXX 600 down 0.9% Volatility above 23 Tech leads fallers Some UK earnings please Wall St futures soft Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BUY THE DIP ON EUROPE'S AI WINNERS, SAYS MS AI beneficiaries were the first to feel the pain in the recent market sell-off, but Morgan Stanley equity analysts expect them to
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UK Stocks-Factors to watch on August 8

UPDATE 1-UK Stocks-Factors to watch on August 8 Adds new items, updates futures Aug 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.3%. * BARRATT-REDROW DEAL: UK's competition regulator said its phase 1 review into homebuilder Barratt's BDEV.L 2.52 billion pound ($3.21 billion) all-stock deal to buy smaller rival Redrow RDW.L had raised concerns in the local area around a Barratt development.
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UK Stocks-Factors to watch on August 8

UK Stocks-Factors to watch on August 8 Aug 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.5%. * GSK: The third trial over claims that discontinued heartburn drug Zantac ended in a mistrial when jurors could not agree about whether pharmaceutical company Boehringer Ingelheim was responsible for an Illinois man's cancer.
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UK property, housing stocks gain as Bank of England cut rates

BUZZ-UK property, housing stocks gain as Bank of England cut rates ** The FTSE Real Estate index .FTUB3510 , which includes commercial property firms and real estate investment trusts (REITs), gains 1.7% ** UK homebuilders' index .FTNMX402020 rises 1.2% ** Shares of UK real estate firms gain after the Bank of England cut interest rates from a 16-year high following a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently ** Top landlord Landsec LA
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Jet2, Natwest Group, Unilever

EUROPE RESEARCH ROUNDUP-Jet2, Natwest Group, Unilever July 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Jet2, Natwest Group and Unilever, on Monday. HIGHLIGHTS * BAE Systems BAES.L : Citigroup raises to buy from neutral * Drax Group Plc DRX.L : Morgan Stanley raises target price to 670p from 650p * Jet2 Plc JET2.L : HSBC raises target price to 2020p from 1980p * Natwest Group Plc NWG.L : Berenberg raises target price to 415p
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British warehouse developer Segro bottoms FTSE 100 as NAV slips

BUZZ-British warehouse developer Segro bottoms FTSE 100 as NAV slips ** Shares of warehouse developer Segro SGRO.L down 2.2% at 887p; stock is top loser in London's FTSE 100 index .FTSE ** Co's overall adjusted net asset value (NAV) per share , a key measure gauging property valuation, fell 1.8% to 891p at half-year end ** ADJ NAV also misses Barcl
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