BUZZ-Top of the Street: Vestas, Marks and Spencer, Mapfre

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

** Handelsbanken cuts Danish wind power company Vestas to "reduce" expecting co's Q1 results (due May 4) to be affected by continued price pressures due to product mix; broker lowers EBIT expectations by 10 pct in 2018 and 13 pct in 2019

** Credit Suisse (IOB: 0QP5.IL - news) says structural issues remain for Marks and Spencer but the velocity of change in the business has picked up; brokerage upgrades to "neutral"

CS flags that the last 3 months have seen signs of UK consumer environment starting to turn with real-wages beginning to recover, inflation easing particularly in food, aided by sterling strength

** JPMorgan (LSE: JPIU.L - news) raises Spanish insurance company Mapfre (Amsterdam: MP6.AS - news) to "overweight" saying operating trends are particularly strong in nonlife, expects co to reach 11 pct Return On Equity in FY19

(*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.)