World Economy

The U.S. bank JPMorgan, the classification according to figures for BASF to "neutral". The operating profit of the chemical company had exceeded its forecasts and estimates the average market significantly, an analyst Neil Tyler wrote in a study on Friday. On the positive side, the expert pointed out that the group of oil and gas and chemicals for agriculture in the first three months was more deserving.

Barclays, the classification for Bayer after quarterly results on "Equal Weight" with a target price of 56,00 €. The CropScience division was particularly well run, analyst Mark Purcell wrote in a study on Friday. Material Science division was however again been burdened by higher costs. The health care business is in the first quarter was only a sideshow.

Nomura, the classification according to figures for Bayer to "neutral" with a target price of € 66.00. The first quarter was due to a strong year-offs failed CropScience division of the better than expected, an analyst Jean de Watteville wrote in a study on Friday. The shares, however, offer less upside potential than the sector.

The German bank has raised its price target for Beiersdorf before numbers of 48,00 to 51,00 Euro and the classification to "hold" to leave. He expects a strong first quarter of the consumer goods manufacturer, an analyst Harold Thompson wrote in a study on Friday. The outgoing CEO Thomas Quaas I can lay no better foundation for his successor.

Barclays, the classification for BMW to "Overweight". The analysts of the British bank pull the stock of the Munich carmaker is still before the Stuttgart-based Daimler competitors, such as from a study on Friday shows. The car of the BMW Group's margins would be significantly higher than those of Daimler..

Equinet, the classification according to figures for Daimler to "buy" with a target price of 57.00 (Price: 42.230) is left €. The automotive group has produced good results for its first quarter 2012 and beaten expectations, analyst Tim Schuldt wrote in a study on Friday. The company confirmed on view make it an increasingly conservative impression.Barclays, the classification for Daimler's first-quarter figures to "Underweight" with a target price of 42.00 €. It is disappointing that the margins at Mercedes-Benz, despite a 9 percent increase in sales had fallen by 0.9 percent, the analysts wrote in a study on Friday. The automaker is still lagging well behind the competition and stand in front of structural challenges. The Barclays experts continue to favor the stock from BMW.

Swiss bank UBS has lowered its price target for German bank by number of 43.00 to 40.00 euros, but the classification to "buy" to leave. The results were solid, an analyst Philipp Zieschang wrote in a study on Friday. Excluding some non-recurring items included in the forecasts, profit before taxes was up to expectations in some. In anticipation of rising costs, he got his earnings per share estimate for 2012 and 2013, respectively, reduced by six percent. The bank enjoys but a strong balance sheet and good liquidity.- French bank Societe Generale, the classification of German bank after quarterly results on "Hold" with a target price of 38.00 €. The profits of the German market leader, had stayed behind at the start of the expectations, it said in a study published on Friday.Nomura, the classification of German bank after first-quarter figures to "reduce" with a target price of 40.00 €. In trading, the Institute has exceeded expectations, while the asset management and private client business would cut off weaker, analyst Jon Peace, wrote in a study on Friday. The consensus estimates for 2012 are expected to fall. The U.S. bank JPMorgan has cut its price target for the German Stock Exchange (German Stock Exchange), according to figures from 51.00 to 49.00 euros and the rating to "neutral" to leave. The first quarter of the stock exchange operator have been in line with expectations, analyst Paul Measday wrote in a study on Friday. He therefore only minor corrections to its forecasts and expects from the consensus estimates not major adjustments. On the basis of the expected 2012 earnings, the stock, although not highly valued, but some risks rather speak for falling prices.Swiss bank UBS, the classification of German Stock Exchange (German Stock Exchange) for numbers to "buy" with a target price of 58.00 euros. The start of the exchange operator remained without any major surprises, analyst Arnaud Giblat wrote in a study on Friday. In the near future, he sees through an enhanced trading activity and decreasing regulation further upside for the shares. High return cash to shareholders should also help, as the early edition of a new cost-cutting program.

The U.S. investment bank Morgan Stanley (MS) has a price target for Volkswagen's preference shares (Volkswagen ss) increased after quarterly results from 180.00 € to 200.00 and the classification to "Overweight" to leave. If you must have a car-share, then it was the VW, analyst Stuart Pearson wrote in a study on Friday. Only a few titles from this industry would offer an upside potential of 50 percent, and even fewer companies to be able to increase their profits from their own power by half. VW has succeeded in spite of the difficult market environment in China, a record profit. The expert considers the stock undervalued therefore fundamental.

The German bank has lowered its target price of 50.00 for Wincor Nixdorf to 43.00 euros, but the classification to "buy" to leave. The recently issued profit warning was a disappointment, but there are certainly grounds for a constructive attitude, an analyst Uwe Schupp wrote in a study on Friday. Wincor Nixdorf will now reduce the cost even more drastic. In addition, the Cashier and ATM manufacturers have for some time again for the first time talk of a return to growth in the domestic German market. Jot down the stock at historical lows, be rated very attractive and interesting to value investors.