Oddo Bhf Stock Recommendations and Price Targets

This is a list of recent ratings by Oddo Bhf.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
9/29/2022	GSK GSK	Upgrade	$30.00		Neutral ➝ Outperform	Low
9/29/2022	NVS Novartis	Downgrade	CHF 77	CHF 88	Outperform ➝ Neutral	Low
9/29/2022	NVO Novo Nordisk A/S	Upgrade	$103.00		Neutral ➝ Outperform	Low
9/26/2022	WRDEF Wereldhave	Downgrade	€13.00	€14.00	Outperform ➝ Neutral	Low
9/22/2022	FOJCY Fortum Oyj	Upgrade	€3.00	€18.50	Neutral ➝ Outperform	Low
9/22/2022	GRUPF Fnac Darty	Downgrade	$66.00		Neutral ➝ Underperform	Low
9/20/2022	JGHHY Jungheinrich Aktiengesellschaft	Upgrade	€5.00	€35.00	Neutral ➝ Outperform	Low
9/20/2022	WZZZY Wizz Air	Upgrade	GBX 4	GBX 2,500	Underperform ➝ Neutral	Low
9/20/2022	PUBGY Publicis Groupe	Downgrade	$12.00		Outperform ➝ Neutral	Low
9/20/2022	WPP WPP	Upgrade	$42.00		Neutral ➝ Outperform	Low
9/19/2022	TVFCF Télévision Française 1 Société anonyme	Downgrade	$6.00		Outperform ➝ Neutral	Low
9/14/2022	KIGRY Kion Group	Downgrade	$5.00		Outperform ➝ Neutral	Low
9/13/2022	OUTKY Outokumpu Oyj	Downgrade	$2.00		Neutral ➝ Underperform	Low
9/13/2022	APEMY Aperam	Downgrade	$24.00		Outperform ➝ Neutral	Low
9/9/2022	RUBSF Rubis	Upgrade	$24.00		Underperform ➝ Neutral	Low
9/9/2022	RUBSF Rubis	Upgrade	$24.00		Underperform ➝ Neutral	Low
8/11/2022	COVTY Covestro	Downgrade	$15.00		Outperform ➝ Neutral	Low
8/4/2022	GCTAF Siemens Gamesa Renewable Energy	Downgrade	€17.00	€18.05	Outperform ➝ Neutral	Low
8/4/2022	RPYTF Reply	Upgrade	$119.00		Underperform ➝ Neutral	N/A
8/1/2022	AFLYY Air France-KLM	Upgrade	$1.00		Neutral ➝ Outperform	Low
7/29/2022	BNDSF Banco de Sabadell	Upgrade	$1.00		Underperform ➝ Neutral	Low
7/29/2022	RCDTF Recordati Industria Chimica e Farmaceutica	Upgrade	€36.00	€42.00	Underperform ➝ Neutral	Low
7/27/2022	AMFPF Amplifon	Upgrade	$25.00		Neutral ➝ Outperform	Low
7/27/2022	SONVY Sonova	Downgrade	$44.00		Outperform ➝ Neutral	Low
7/27/2022	GNNDY GN Store Nord A/S	Upgrade	$52.00		Neutral ➝ Outperform	Low
7/15/2022	STWRY Software Aktiengesellschaft	Downgrade	€6.00	€29.00	Outperform ➝ Neutral	Low
7/13/2022	BFSA Befesa	Set Price Target	€33.00	€72.00		N/A
7/11/2022	MPHYF McPhy Energy	Downgrade	€15.00	€16.00	Outperform ➝ Neutral	N/A
7/7/2022	INH INDUS	Set Price Target	€18.00	€28.00		N/A
7/6/2022	AALBF Aalberts	Downgrade	€31.00	€40.00	Outperform ➝ Neutral	N/A
7/6/2022	HEI HeidelbergCement	Set Price Target	€42.00	€45.00		N/A
7/5/2022	SAP SAP	Lower Price Target	€84.00	€104.00 ➝ €93.00	Neutral ➝ Neutral	N/A
6/24/2022	ISMAY Indra Sistemas	Downgrade	$4.00		Outperform ➝ Neutral	Low
6/24/2022	AKZOY Akzo Nobel	Downgrade	€20.00	€74.00	Outperform ➝ Neutral	Low
5/25/2022	NRDXF Nordex	Downgrade	€8.00	€13.00	Outperform ➝ Neutral	High
5/16/2022	SEBYF SEB	Downgrade	$64.00		Outperform ➝ Neutral	N/A
5/13/2022	OEZVY Verbund	Upgrade	€17.00	€80.00	Underperform ➝ Neutral	Low
5/13/2022	RNMBY Rheinmetall	Upgrade	€32.00	€235.00	Neutral ➝ Outperform	Low
5/12/2022	ONXXF Ontex Group	Upgrade	€6.00	€8.00	Underperform ➝ Neutral	Low
5/12/2022	BRBOF Brembo	Upgrade	€9.00	€10.50	Underperform ➝ Neutral	Low
5/2/2022	RNMBY Rheinmetall	Downgrade	€32.00	€237.00	Outperform ➝ Neutral	Medium
4/19/2022	VRBCF Virbac	Upgrade	$400.00		Neutral ➝ Outperform	N/A
4/14/2022	NXPRF Nexans	Downgrade	$89.00		Outperform ➝ Neutral	Low
4/13/2022	MTUAY MTU Aero Engines	Downgrade	$76.00		Outperform ➝ Neutral	Medium
4/4/2022	MRPRF MERLIN Properties SOCIMI	Upgrade	€7.00	€12.60	Neutral ➝ Outperform	Low
3/31/2022	HALFF HAL Trust	Downgrade	€104.00	€151.00	Outperform ➝ Neutral	N/A
3/31/2022	FUPBY Fuchs Petrolub	Downgrade	$6.00		Outperform ➝ Neutral	High
3/31/2022	BASFY Basf	Downgrade	€10.00	€68.00	Outperform ➝ Neutral	High
3/31/2022	WKCMF Wacker Chemie	Upgrade	$98.00		Neutral ➝ Outperform	Low
3/25/2022	BNDSF Banco de Sabadell	Downgrade	€1.00	€0.73	Neutral ➝ Underperform	N/A
3/25/2022	CAIXY CaixaBank	Downgrade	€1.00	€3.40	Outperform ➝ Neutral	Low
3/25/2022	BBVA Banco Bilbao Vizcaya Argentaria	Downgrade	$5.00		Outperform ➝ Neutral	Low
3/25/2022	BKIMF Bankinter	Downgrade	$6.00		Neutral ➝ Underperform	N/A
3/25/2022	JGHHY Jungheinrich Aktiengesellschaft	Upgrade	$5.00		Underperform ➝ Neutral	N/A
3/23/2022	ABB ABB	Upgrade	$24.00		Underperform ➝ Neutral	Low
3/23/2022	DRRKF dormakaba	Downgrade	$467.00		Neutral ➝ Underperform	Low
3/17/2022	CCEP Coca-Cola Europacific Partners	Upgrade	$44.00	$60.85	Neutral ➝ Outperform	Low
3/15/2022	HVRRF Hannover Rück	Upgrade	$145.00		Underperform ➝ Neutral	N/A
3/9/2022	WTKWY Wolters Kluwer	Upgrade	€98.00	€105.00	Neutral ➝ Outperform	Low
3/2/2022	SSREY Swiss Re	Downgrade	$18.00		Outperform ➝ Neutral	Low
3/1/2022	GMPUF Gestamp Automoción	Upgrade	$4.00		Neutral ➝ Outperform	Low
3/1/2022	AEXAY Atos	Downgrade	$2.00		Neutral ➝ Underperform	High
3/1/2022	FLUIF Fluidra	Upgrade	$15.00		Underperform ➝ Outperform	Low
3/1/2022	FMS Fresenius Medical Care AG & Co. KGaA	Upgrade	€14.00	€72.00	Neutral ➝ Outperform	Low
3/1/2022	ACGPF Accell Group	Downgrade	$55.00		Outperform ➝ Neutral	Low
2/18/2022	ADRNY Koninklijke Ahold Delhaize	Upgrade	€26.00	€31.00	Neutral ➝ Outperform	Low
2/18/2022	ADRNY Koninklijke Ahold Delhaize	Upgrade	€26.00	€31.00	Neutral ➝ Outperform	Low
2/17/2022	TELDF Telefónica Deutschland	Initiated Coverage	$2.00		Neutral	Low
2/17/2022	EDRVF EDP Renováveis	Upgrade	$21.00		Underperform ➝ Neutral	Low
2/17/2022	UDIRF United Internet	Initiated Coverage	€19.00	€44.00	Outperform	Low
2/17/2022	HFG HelloFresh	Set Price Target	€22.00	€88.00		N/A
2/15/2022	WRDEF Wereldhave	Upgrade	$13.00		Neutral ➝ Outperform	Low
2/10/2022	CDMGF Icade	Downgrade	$36.00		Outperform ➝ Underperform	Low
2/9/2022	GECFF Gecina	Downgrade	$68.00		Outperform ➝ Neutral	Low
1/31/2022	HEN3 Henkel AG & Co. KGaA	Set Price Target	€61.00	€75.00		N/A
1/31/2022	BP.B BP PLC 9 Percent Preferred Shares	Set Price Target	GBX 168	GBX 410		N/A
1/28/2022	CSNVY Corbion	Upgrade	€26.00	€45.00	Neutral ➝ Outperform	Low
1/25/2022	PUBGY Publicis Groupe	Upgrade	€12.00	€58.00 ➝ €70.50	Neutral ➝ Outperform	Medium
1/25/2022	WPP WPP	Downgrade	$42.00		Outperform ➝ Neutral	Low
1/21/2022	BOIRF Boiron	Upgrade	$40.00		Neutral ➝ Outperform	Low
1/20/2022	ERMAY Eramet	Upgrade	€8.00	€120.00	Neutral ➝ Outperform	Low
1/19/2022	ALFNF Alfen	Upgrade	$86.00		Neutral ➝ Outperform	N/A
1/18/2022	WAF Siltronic	Set Price Target	€60.00	€165.00		N/A
1/18/2022	SSLLF Siltronic	Upgrade	$57.00		Neutral ➝ Outperform	Low
1/12/2022	RAA RATIONAL Aktiengesellschaft	Set Price Target	€512.00	€767.00		N/A
1/12/2022	RTLLF RATIONAL Aktiengesellschaft	Upgrade	$492.00		Underperform ➝ Neutral	Low
1/10/2022	AIXA Aixtron	Set Price Target	€25.00	€26.00		N/A
12/22/2021	LNDNF Orrön Energy AB (publ)	Downgrade	$2.00	$370.00	Hold	Low
12/17/2021	GNFT Genfit	Upgrade	$4.00		Buy	High
12/14/2021	GNHAF Vifor Pharma	Downgrade	$181.00		Outperform ➝ Neutral	Low
12/13/2021	BOSSY Hugo Boss	Upgrade	€9.00	€63.00	Neutral ➝ Outperform	Low
11/30/2021	LNDNF Orrön Energy AB (publ)	Upgrade	SEK 2	SEK 410	Neutral ➝ Outperform	Low
11/23/2021	TGNOF Trigano	Downgrade	$190.00		Outperform ➝ Neutral	Low
11/22/2021	CNPAY CNP Assurances	Downgrade	$11.00		Outperform ➝ Neutral	Low
11/18/2021	ADRNY Koninklijke Ahold Delhaize	Downgrade	$26.00		Outperform ➝ Neutral	Low
11/18/2021	ADRNY Koninklijke Ahold Delhaize	Downgrade	$26.00		Outperform ➝ Neutral	Low
11/15/2021	RYAAY Ryanair	Downgrade	$60.00		Outperform ➝ Neutral	Low
11/12/2021	ZURVY Zurich Insurance Group	Upgrade	$40.00		Underperform ➝ Neutral	Low
11/12/2021	SONVY Sonova	Upgrade	$44.00		Neutral ➝ Outperform	Low
11/4/2021	DLAKY Deutsche Lufthansa	Upgrade	€6.00	€7.20	Underperform ➝ Neutral	Medium