EFTA01432866Set 10
2018-07-01106p17,893w
Dec/14 Dec/15 Dec/16 Dec/17
Distribution 26%
EFTA01432902
> Energy, Materials & Industrials
15 BAE Systems — Jaime Rowbotham, BUY, close 574p, 730p tgt, 27% upside
IIWe see scope ... contract opportunities
Related DB Research:
BAE: Cashing in: >60% 3-year TSR potential (Rowbotham)
Global Aerospace and Defence: Civil selective; Defence more effective
(Kerner)
Deutsche Bank Research: European Equity Focus
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01432866.pdf