BUZZ-Top of the Street: Henkel, Aena, Intertek, Rentokil, Intu

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** Henkel (LSE: 0IZ8.L - news) : Raymond James expects no positive short-term news flow and sees Q3 results to be weaker than it would have hoped for; downgrades to "market perform"

** Credit Suisse (IOB: 0QP5.IL - news) raises Aena (Dusseldorf: 26876733.DU - news) to "outperform", as it now sees co to be the most attractively valued of the European Airport groups on dividend yield, free cash flow, and price-earnings multiples

** "We think Intertek's recent share price action leaves investors with an attractive entry point into a well-run business", says 5-star rated Berenberg and ups Intertrek Group to "buy"

** Top-ranked Stifel upgrades Rentokil Initial (Other OTC: RKLIF - news) to "buy" citing a higher target multiple applied to the group's pest control division

** Peel Hunt and Deutsche Bank (IOB: 0H7D.IL - news) raise Intu Properties (LSE: INTU.L - news) to "hold" as a consortium, including co's largest shareholder, has confirmed that it's "in the preliminary stages" of a possible cash offer for Intu (Swiss: OXIGTU.SW - news) (*Analyst rankings from Thomson Reuters StarMine. Scale is from 1-star to 5-star with 5 being best. Analysts ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)