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The ideas in this communication were composed by the Northern Trust Securities LLP research team: Gary Paulin – Global Head of Equities; Paul Moran – Head of Research; Neil Campling – Senior Analyst; Ameet Patel – Senior Analyst; Oliver Sherman – Analyst; Douglas Morton – Head of Asia Research.
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All prices are sourced from Bloomberg, S&P Capital IQ and Northern Trust Securities own analysis at the time of writing.
Disclaimer: One or more members of the research team responsible for preparing this report may own a position (or positions) in stocks mentioned above in their personal investment holdings.
Where we refer to 'Buy' we mean +20% upside relative to local index (STOXX Europe 600, S&P 500, MSCI AC Asia Pacific) over a 6-12 month period.
Where we refer to 'Sell' we mean -20% downside relative to local index (STOXX Europe 600, S&P 500, MSCI AC Asia Pacific) over a 6-12 month period.
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