Analisten coverage

Analisten

Datum

Aandeel

Opinie

Koersaandeel

Bank

Analist

Telefoon

04-04-2013

54.59

Neutral

51.00

UBS

Kristian Bandy

+44 20 7568 4416

26-03-2013

55.50

Hold

58.00

Soc Gen

Michel Varaldo

+33 1 42 13 73 02

20-03-2013

55.14

Sell

48.90

Goldman Sachs

Jonathan Kownator

+44 20 7051 2974

15-03-2013

55.61

Hold

58.30

Petercam

Stephan van Weeren

+31 20 573 54 22

27-02-2013

53.32

Buy

57.00

BAML

Remco Simon

+44 20 7996 1206

12-02-2013

52.64

Buy

59.00

Soc Gen

Michel Varaldo

+33 1 42 13 73 02

12-02-2013

52.64

Buy

61.00

Natixis

Serge Demirdjian

+33 1 58 55 72 92

11-02-2013

52.75

Overweight

61.00

JP Morgan Cazenove

Harm Meijer

+44 20 7325 9248

07-02-2013

51.82

Buy

58.00

ABN AMRO

Ruud van Maanen

+31 20 629 76 72

21-01-2013

52.01

Buy

59.70

ING

Jaap Kuin

+31 20 563 8780

08-01-2013

50.11

Overweight

58.00

JP Morgan Cazenove

Harm Meijer

+44 20 7325 9248

08-01-2013

50.11

Neutral

51.00

UBS

Kristian Bandy

+44 20 7568 4416

08-01-2013

50.11

Buy

56.00

Natixis

Serge Demirdjian

+33 1 58 55 72 92

08-01-2013

50.11

Buy

54.00

BAML

Remco Simon

+44 20 7996 1206

07-11-2013

48.99

Buy

58.00

Soc Gen

Michel Varaldo

+33 1 42 13 73 02

07-01-2013

48.99

Overweight

50.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

03-12-2012

46.20

Buy

53.00

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

27-11-2012

45.14

Sell

42.50

Goldman Sachs

Julian Livingston-Booth

+31 20 755 28 38

27-11-2012

45.30

Underweight

41.00

HSBC

Thomas Martin

+49 211 910 3276

16-11-2012

43.92

Hold

47.90

Petercam

Stephan van Weeren

+31 20 573 54 22

06-11-2012

45.50

Neutral

46.00

BAML

Remco Simon

+44 20 7996 1206

02-11-2012

45.50

Buy

52.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

01-11-2012

45.64

Neutral

41.00

UBS

Kristian Bandy

+44 20 7568 4416

01-10-2012

43.27

Overweight

45.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

11-09-2012

42.64

Buy

48.00

ABN AMRO

Ruud van Maanen

+31 20 629 76 22

22-08-2012

42.20

Underweight

40.00

HSBC

Thomas Martin

+49 211 910 3276

21-08-2012

42.00

Neutral

44.00

BAML

Remco Simon

+44 20 7996 1206

13-08-2012

41.89

Overweight

50.00

JP Morgan Cazenove

Harm Meijer

+44 20 7325 9248

03-08-2012

42.54

Hold

46.00

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

03-08-2012

42.54

Hold

45.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

02-08-2012

43.60

Overweight

60.00

JP Morgan Cazenove

Harm Meijer

+44 20 7325 9248

02-08-2012

43.60

Hold

46.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

02-08-2012

43.60

Hold

50.90

Petercam

Stephan van Weeren

+31 20 573 54 22

24-07-2012

45.58

Neutral

47.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

24-07-2012

45.58

Neutral

49.00

Natixis

Serge Demirdjian

+33 1 58 55 72 92

24-07-2012

45.58

Neutral

44.00

UBS

Kristian Bandy

+44 20 7568 4416

23-07-2012

44.00

Buy

52.86

ING

Arjan Knibbe

+31 20 563 84 17

23-07-2012

52.66

Sell

46.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

23-07-2012

52.66

Reduce

55.20

Petercam

Stephan van Weeren

+31 20 573 54 22

23-07-2012

52.66

Hold

48.00

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

05-07-2012

52.05

Neutral

50.00

UBS

Kristian Bandy

+44 20 7568 4416

06-06-2012

48.60

Neutral

53.30

Goldman Sachs

Julian Livingston-Booth

+31 20 755 28 38

11-05-2012

51.71

Buy

65.50

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

11-05-2012

51.71

Buy

62.00

Natixis

Serge Demirdjian

+33 1 58 55 72 92

11-05-2012

51.71

Buy

60.00

ABN AMRO

Ruud van Maanen

+31 20 629 76 72

11-05-2012

51.71

Buy

67.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

11-05-2012

51.71

Neutral

52.00

UBS

Kristian Bandy

+44 20 7568 4416

11-05-2012

51.71

Overweight

63.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

10-05-2012

52.67

Reduce

52.70

Petercam

Stephan van Weeren

+31 20 573 54 22

29-02-2012

55.84

Neutral

58.00

BAML

Remco Simon

+44 20 7996 1206

14-02-2012

59.00

Buy

68.00

Natixis

Serge Demirdjian

+33 1 58 55 72 92

08-02-2012

58.07

Buy

67.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

08-02-2012

58.07

Buy

70.00

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

27-01-2012

57.00

Buy

71.00

ING

Arjan Knibbe

+31 20 563 84 17

24-01-2012

55.21

Hold

60.50

Petercam

Stephan van Weeren

+31 20 573 54 22

16-01-2012

52.29

Buy

60.90

Goldman Sachs

Julian Livingston-Booth

+31 20 755 28 38

11-01-2012

50.90

Overweight

68.00

JP Morgan Cazenove

Harm Meijer

+44 20 7325 9248

13-12-2011

51.70

Buy

63.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

07-12-2011

51.43

Add

62.20

Petercam

Stephan van Weeren

+31 20 573 54 22

07-12-2011

52.08

Buy

74.50

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

18-11-2011

52.30

Hold

56.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

18-11-2011

52.29

Buy

67.00

RBS

Jan Willem van Kranenburg

+31 20 464 37 86

17-11-2011

50.80

Overweight

71.00

JP Morgan Cazenove

Harm Meijer

+44 20 7325 9248

09-11-2011

55.25

Buy

72.70

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

04-11-2011

55.65

Buy

68.00

Natixis

Serge Demirdjian

+33 1 58 55 72 92

04-11-2011

55.65

Buy

80.00

Aurel

Marine Lafitte

+33 1 53 89 53 85

03-11-2011

55.20

Neutral

60.00

BAML

Remco Simon

+44 20 7996 1206

03-11-2011

55.20

Hold

57.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

31-10-2011

57.45

Overweight

64.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

28-10-2011

57.16

Buy

72.70

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

26-10-2011

56.69

Buy

69.00

ABN AMRO

Ruud van Maanen

+31 20 629 76 72

13-10-2011

55.85

Neutral

55.00

UBS

Kristian Bandy

+44 20 7568 44 16

07-10-2011

55.54

Add

64.30

Petercam

Stephan van Weeren

+31 20 573 54 22

27-09-2011

52.42

Buy

64.50

Natixis

Serge Demirdjian

+33 1 58 55 72 92

26-09-2011

52.40

Buy

75.10

ING

Arjen Knibbe

+31 20 563 84 17

31-08-2011

56.98

Buy

68.00

RBS

Jan Willem van Kranenburg

+31 20 464 37 86

10-08-2011

52.92

Hold

74.00

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

05-08-2011

59.70

Hold

65.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

05-08-2011

59.70

Overweight

71.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

04-08-2011

59.70

Add

66.00

Petercam

Stephan van Weeren

+31 20 573 5422

26-06-2011

68.48

Buy

84.70

ING

Arjen Knibbe

+31 20 563 84 17

22-06-2011

68.10

Neutral

65.00

UBS

Kristian Bandy

+44 20 7568 4416

17-06-2011

67.37

Buy

75.00

ABN AMRO

Ruud van Maanen

+31 20 629 76 72

01-06-2011

68.00

Buy

76.00

RBS

Jan Willem van Kranenburg

+31 20 464 37 86

23-05-2011

67.70

Buy

68.50

BAML

Remco Simon

+44 20 7996 1206

13-05-2011

70.80

Sell

66.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

12-05-2011

70.82

Overweight

73.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

11-05-2011

70.90

Hold

71.50

Petercam

Stephan van Weeren

+31 20 573 54 22

06-04-2011

75.88

Hold

76.00

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

04-04-2011

76.11

Sell

70.00

UBS

Kristian Bandy

+44 20 75 68 44 16

28-03-2011

75.30

Overweight

77.00

Kempen & Co

Robbert Woerdeman

+31 20 348 84 58

04-03-2011

73.27

Hold

71.00

Soc. Gen

Michel Varaldo

+33 1 42 13 73 02

21-03-2011

73.92

Buy

75.00

BAML

Remco Simon

+44 20 7996 1206

04-03-2011

73.27

Hold

70.80

Petercam

Stephan van Weeren

+31 20 573 54 22

04-02-2011

71.30

Buy

84.70

ING

Arjan Knibbe

+31 20 563 84 17

12-01-2011

70.90

Buy

73.00

BAML

Remco Simon

+44 20 7996 1206

11-01-2011

70.90

Hold

75.00

KBC Securities

Mickael Van den Hauwe

+32 2 429 37 21

11-01-2011

70.90

Hold

75.00

RBS

Jaap Kuin

+31 20 464 37 80

10-01-2011

70.90

Overweight

74.00

Kempen & Co

Dick Boer

+31 20 348 84 54

20-12-2010

73.40

Neutral

73.00

Kempen & Co

Dick Boer

+31 20 348 84 54

10-12-2010

71.80

Neutral

77.00

JP Morgan Cazenove

Harm Meijer

+44 20 7325 9248

02-12-2010

69.31

Hold

69.00

Theodoor Gilissen

Friso Berghuis

+31 20 527 65 46

30-11-2010

67.80

Buy

81.00

ING

Arjen Knibbe

+31 20 563 84 17

11-11-2010

71.60

Reduce

68.20

Petercam

Stephan van Weeren

+31 20 573 54 22

11-11-2010

71.60

Hold

68.00

SG

Michel Varaldo

+33 1 42 13 73 02

11-11-2010

72.00

Neutral

79.00

Evolution Securities

Paul Pulze

+44 207 07 14 448

04-11-2010

74.00

Neutral

75.00

JP Morgan Cazenove

Harm Meijer

+44 207 32 59 248

28-10-2010

74.01

Hold

72.00

KBC Securities

Mickael Van den Hauwe

+32 2 429 37 21

27-10-2010

74.21

Underperform

71.90

CA Chevreux

Bruno Duclos

+33 1 41 89 73 35

22-10-2010

74.89

Hold

75.05

ING

Arjen Knibbe

+31 20 563 84 17

14-10-2010

72.68

Neutral

69.50

Kempen & Co

Dick Boer

+31 20 348 84 54

01-10-2010

70.69

Hold

74.20

Rabo Securities

Martijn ter Laak

+31 30 712 11 50

29-09-2010

69.79

Neutral

70.80

UBS

Kristian Bandy

+44 20 7568 4416

23-09-2010

68.98

Buy

77.00

ABN AMRO

Ruud van Maanen

+31 20 629 76 72

19-08-2010

64.80

Buy

75.00

Keijser Capital

Nico van Geest

+31 20 531 21 47

17-08-2010

63.70

Buy

76.00

Evolution Securities

Paul Pulze

+44 207 07 14 448

13-08-2010

63.07

Neutral

65.00

Kempen & Co.

Dick Boer

+31 20 348 84 54

13-08-2010

63,10

Buy

74,00

RBS

Jaap Kuin

+31 20 464 37 80

13-08-2010

63,10

Hold

64,20

Petercam

Pieter van der Meijden

+32 2 229 63 40

13-08-2010

63,10

Neutral

61,00

SG

Michel Varaldo

+33 1 42 13 73 02

13-08-2010

63.10

Buy

74.00

RBS

Jaap Kuin

+31 20 464 37 80

13-08-2010

63.10

Hold

64.20

Petercam

Pieter van der Meijden

+32 2 229 63 40

13-08-2010

63.10

Neutral

61.00

SG

Michel Varaldo

+33 1 42 13 73 02

12-08-2010

62.50

Buy

80.00

Aurel

Serge Demirdjian

+33 1 53 895 375

12-08-2010

62.50

Outperform

79.00

Credit Suisse

Robert Stassen

+44 207 88 80 339

12-08-2010

62.50

buy

77.00

Evolution Securities

Paul Pulze

+44 207 07 14 448

12-08-2010

62.50

neutral

72.00

JP Morgan Cazenove

Harm Meijer

+44 207 32 59 248

08-04-2010

72.38

buy

80.00

Aurel bgc

Serge Demirdjian

+33 1 53 895 375

30-03-2010

70.88

hold

72.70

ING

Arjen Knibbe

+31 20 563 84 17

23-03-2010

68.23

neutral

69.10

Goldman Sachs

Nick Webb

+44 207 051 29 74

23-03-2010

68.23

neutral

69.00

BoA Merrill Lynch

James Martin

+44 207 996 46 68

15-03-2010

66.60

not public

Kempen & Co.

Dick Boer

+31 20 348 84 54

09-03-2010

68.50

buy

77.00

Evolution Securities

Paul Pulze

+44 207 0714 448

05-03-2010

67.87

buy

80.00

Aurel

Serge Demirdjian

+33 1 53 895 375

05-03-2010

68.20

hold

69.00

SG

Michel Varaldo

+33 1 42 13 73 02

04-03-2010

68.23

Buy

75.00

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

03-03-2010

66.93

Neutral

72.00

JP Morgan Cazenove

Harm Meijer

+44 207 325 9248

03-03-2010

66.93

outperform

85.60

Macquarie

Lisa Kuipers

+44 203 037 4082

03-03-2010

66.93

outperform

79.00

Credit Suisse

Robert Stassen

+44 207 888 0339

03-03-2010

66.93

buy

72.00

KBC Securities

Mickaël Van den Hauwe

+32 2 429 3721

02-03-2010

66.76

hold

66.40

Petercam

Pieter van der Meijden

+32 2 229 6340

10-02-2010

63.10

buy

KBC Securities

Mickaël Van den Hauwe

+32 2 429 3721

05-02-2010

65.00

buy

ING

Arjan Knibbe

+31 20 563 87 80

25-01-2010

64.70

neutral

Kempen & Co.

Dick Boer

+31 20 348 84 54

06-01-2010

67.94

buy

RBS

Jaap Kuin

+31 20 383 67 80

22-12-2009

65.25

outperform

Keijser Capital

Nico van Geest

+31 20 531 21 47

07-12-2009

68.10

reduce

Kempen & Co.

Dick Boer

+31 20 348 84 54

23-11-2009

69.09

buy

Aurel

Serge Demirdjian

+33 1 53 895 375

23-11-2009

69.11

underperform

B o A Merrill Lynch

James Martin

+44 207 99 64 668

20-11-2009

69.09

outperform

Credit Suisse

Robert Stassen

+44 207 888 03 39

11-11-2009

69.30

buy

Evolution Securities

Paul Pulze

+44 207 07 14 448

11-11-2009

67.06

buy

RBS

Jaap Kuin

+31 20 383 67 80

10-11-2009

68.33

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

10-11-2009

69.30

neutral

Kempen & Co.

Dick Boer

+31 20 348 84 54

10-11-2009

69.30

hold

SG

Michel Varaldo

+33 1 42 13 73 02

10-11-2009

69.26

outperform

Credit Suisse

Robert Stassen

+44 207 888 0339

09-11-2009

69.26

outperform

Macquarie

Lisa Kuipers

+44 203 037 4082

29-10-2009

63.78

buy

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

28-10-2009

67.00

buy

Evolution Securities

Paul Pulze

+44 207 07 14 448

28-10-2009

66.80

neutral

Kempen & Co.

Dick Boer

+31 20 348 84 54

28-10-2009

66.85

outperform

Credit Suisse

Robert Stassen

+44 207 888 0339

27-10-2009

66.90

hold

SG

Michel Varaldo

+33 1 42 13 73 02

05-10-2009

64.60

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

30-09-2009

67.30

neutral

Goldman Sachs

Nick Webb

+44 207 051 2974

25-08-2009

67.31

overweight

JPMorgan

Harm Meijer

+44.207 325 9248

14-08-2009

62.50

hold

SG

Michel Varaldo

+33 1 42 13 73 02

13-08-2009

62.50

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

13-08-2009

62.51

outperform

Credit Suisse

Robert Stassen

+44 207 888 0339

12-08-2009

61.87

buy

Goldman Sachs

Nick Webb

+44 207 051 2974

07-08-2009

61.33

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

07-08-2009

62.42

hold

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

07-08-2009

60.80

hold

Th. Gilissen

Friso Berghuis

+31 20 527 65 46

07-08-2009

52.00

3/underperform

CA Chevreux

Bruno Duclos

+33 1 41 89 73 35

06-08-2009

61.11

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

08-07-2009

52.80

buy

Kempen & Co.

Dick Boer

+31 20 348 84 54

08-07-2009

52.81

outperform

Credit Suisse

Robert Stassen

+44 207 888 0339

03-07-2009

53.30

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

01-07-2009

53.88

buy

Evolution Securities

Paul Pulze

+44 207 07 14 448

01-07-2009

53.00

buy

Kempen & Co.

Dick Boer

+31 20 348 84 54

19-06-2009

53.65

hold

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

16-06-2009

56.00

outperform

Credit Suisse

Robert Stassen

+44 207 888 0339

12-05-2009

55.60

buy

Kempen & Co.

Dick Boer

+31 20 348 84 54

12-05-2009

55.60

sell

SG

Michel Varaldo

+33 1 42 13 73 02

12-05-2009

55.60

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

29-04-2009

53.19

hold

Th. Gilissen

Friso Berghuis

+31 20 527 65 46

20-04-2009

53.48

hold

Fortis Bank Nederland

Miriam Wijnands

+31 20 527 23 23

19-03-2009

48.00

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

09-03-2009

45.80

underperform

Merrill Lynch

Bernd Stahli

+44 207 99 61 205

27-02-2009

54.70

overweight

JPMorgan

Harm Meijer

+44 207 325 9248

27-02-2009

54.70

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

27-02-2009

54.70

underperform

CA Chevreux

Bruno Duclos

+33 1 41 89 73 35

27-02-2009

54.70

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

27-02-2009

54.70

buy

Citi

Paul Pulze

+44 207 986 4059

03-02-2009

51.50

hold

SG

Michel Varaldo

+33 1 42 13 73 02

02-02-2009

55.19

buy

RBS

Jaap Kuin

+31 20 383 67 80

02-02-2009

55.19

outperform

Credit Suisse

Robert Stassen

+44 207 888 0339

30-01-2009

56.20

buy

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

13-01-2009

64.50

underperform

Merrill Lynch

Kristian Bandy

+44 20 7995 3253

13-01-2009

61.08

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

08-12-2008

63.00

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

30-10-2008

55.16

overweight

JPMorgan

Harm Meijer

+44 207 325 9248

20-10-2008

62.40

buy

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

14-10-2008

60.10

hold

SG

Michel Varaldo

+33 1 42 13 73 02

06-10-2008

68.50

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

12-09-2008

73.00

neutral

Merrill Lynch

Kristian Bandy

+44 20 7995 3253

10-09-2008

73.20

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

06-08-2008

72.60

sell

SG

Michel Varaldo

+33 1 42 13 73 02

15-07-2008

62.20

hold

SG

Michel Varaldo

+33 1 42 13 73 02

16-7-2008

62.23

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

11-07-2006

62.25

hold

Fortis Bank

Miriam Wijnands

+31 20 527 23 23

07-07-2008

65.35

add

Petercam

Pieter van der Meijden

+32 2 229 63 40

22-06-2008

70.50

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

23-5-2008

80.20

hold

Citi

Paul Pulze

+44 207 986 4059

14-5-2008

82.88

neutral

Goldman Sachs

Julian Livingston Booth

+44 20 755 22838

08-5-2008

83.60

buy

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

08-5-2008

83.60

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

08-5-2008

83.60

hold

Fortis Bank

Robert Stassen

+31 20 527 12 55

08-5-2008

83.60

hold

Petercam

Pieter van der Meijden

+32 2  229 63 40

14-04-2008

78.99

neutral

Merrill Lynch

Kristian Bandy

+44 20 7995 3253

05-03-2008

77.70

buy

Goldman Sachs

Julian Livingston Booth

+44 207 552 2838

03-03-2008

80.20

buy

Kempen & Co.

Dick Boer

+31 20 348 84 54

26-02-2008

76.80

hold

SG

Michel Varaldo

+33 1 42 13 73 02

12-02-2008

70.80

buy

Goldman Sachs

Julian Livingston Booth

+44 207 552 2838

04-02-2008

72.80

hold

ABN AMRO

Rogier Quirijns

+31 20 383 67 84

23-01-2008

72.02

hold

Fortis Bank

Robert Stassen

+31 20 527 12 55

16-01-2008

66.80

overweight

JPMorgan

Harm Meijer

+44 207 325 9248

11-01-2008

68.20

buy

SG

Michel Varaldo

+33 1 42 13 73 02

07-12-2007

75.79

neutral

JPMorgan

Harm Meijer

+44 207 325 9248

19-11-2007

71.90

buy

Kempen & Co.

Dick Boer

+31 20 348 84 54

06-11-2007

78.45

hold

Petercam

Pieter van der Meijden

+31 20 573 54 22

09-10-2007

85.38

reduce

Petercam

Pieter van der Meijden

+31 20 573 54 22

08-10-2007

86.90

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

01-10-2007

84.45

buy

Rabo Securities

Ruud van Maanen

+31 20 460 48 31

17-09-2007

83.17

hold

ABN AMRO

Rogier Quirijns

+31 20 383 67 84

12-06-2007

104,82

hold

Petercam

Pieter van der Meijden

+31 20 573 54 22

25-05-2007

107,90

underweight

JPMorgan

Harm Meijer

+44 207 325 9248

22-03-2007

113,00

neutral

Merrill Lynch

Kristian Bandy

+44 207 995 3253

19-03-2007

113,53

neutral

Kempen & Co.

Dick Boer

+31 20 348 84 54

13-03-2007

100,22

3/underperform

CA Chevreux

Bruno Duclos

+33 1 41 89 73 35

06-02-2007

103,50

sell

ABN AMRO

Rogier Quirijns

+31 20 383 67 84

09-01-2007

103,00

buy

Merrill Lynch

Bernd Stahli

+44 207 99 61 205

04-01-2007

103,20

reduce

Petercam

Stephan van Weeren

+31 20 573 54 22

09-11-2006

95,30

hold

SG

Michel Varaldo

+33 1 42 13 73 02

01-11-2006

90,30

add

Kempen & Co.

Dick Boer

+31 20 348 84 54

11-09-2006

81,60

buy

Fortis Bank

Matthijs Storm

+31 20 527 91 44

09-08-2006

85,50

neutral

Kempen & Co.

Remco Vinck

+31.20 348 84 57

10-05-2006

85,25

hold

Petercam

Joekie Brons

+31 20 573 54 06

13-04-2006

84,80

add

Kempen & Co.

Remco Vinck

+31 20 348 84 57

07-04-2006

87,25

reduce

ABN AMRO

Rogier Quirijns

+31 20 383 67 84

07-04-2006

88,90

neutral

Merrill Lynch

Bernd Stahli

+44 207 996 1205

20-03-2006

88,05

in-line/cautious

Goldman Sachs

Remi Antonini

+44 207 552 5986

01-03-2006

89,65

hold

Petercam

Joekie Brons

+33 20 573 54 06

28-02-2006

91,10

buy

SG

Michel Varaldo

+33 1 42 13 73 02

27-02-2006

91,10

neutral

Kempen & Co.

Remco Vinck

+31 20 348 84 57

01-01-2006

80,80

add

Kempen & Co.

Remco Vinck

+31 20 348 84 57

10-11-2005

81,30

buy

SG

Michel Varaldo

+33 1 42 13 73 02

08-11-2005

81,30

underweight

JPMorgan

Harm Meijer

+44 207 325 9248

25-08-2005

85,95

neutral

Merrill Lynch

Bernd Stahli

+44 207 996 1205

15-08-2005

88,30

neutral

Kempen & Co.

Jaap-Jan Fit

+31 20 348 84 54

11-08-2005

89,90

buy

SG

Michel Varaldo

+33 1 42 13 73 02

29-03-2005

78,70

buy

SG

Michel Varaldo

+33 1 42 13 73 02

22-03-2005

77,90

in-line

Goldman Sachs

Remi Antonini

+44 207 774 8867

15-03-2005

77,80

neutral

Merrill Lynch

Bernd Stahli

+44 207 996 1205

25-02-2005

78,40

add

ABN AMRO

Harm Meijer

+31 20 383 67 84

25-02-2005

76,75

neutral

Kempen & Co.

Pieter Knauff

+31 20 348 84 50

25-02-2005

76,00

market performer

AEK

Henk Brouwer

+31 20 530 63 17

11-01-2005

79,20

neutral

Merrill Lynch

Bernd Stahli

+44 207 996 1205

03-11-2004

70,40

neutral

Kempen & Co.

Jaap-Jan Fit

+31 20 348 84 54

07-12-2004

74,50

add

ABN AMRO

Harm Meijer

+31 20 383 67 84

11-11-2004

72,55

in-line

Goldman Sachs

Rémi Antonini

+44 207 552 5986

17-08-2004

70,50

buy

Merrill Lynch

Bernd Stahli

+44 207 996 1205

04-08-2004

69,40

hold

Fortis Bank

Olivier Delval

+32 2 565 60 34

03-08-2004

68,40

add

ABN AMRO

Harm Meijer

+31 20 383 67 84

03-08-2004

68,40

neutral

Kempen & Co.

Jaap Fit

+31 20 348 84 54

03-08-2004

68,45

hold

Petercam

Remco Vinck

+31 20 573 55 06

24-05-2004

59,00

buy

Petercam

Ward Kastrop

+31 20 573 55 04

05-05-2004

64,15

hold

Fortis Bank

Olivier Delval

+32 2 565 60 34

04-05-2004

64,00

add

SNS Securities

Tinka Kleine

+31 20 550 85 72

19-01-2004

62,00

hold

Petercam

Remco Vinck

+31 20 573 55 04

04-12-2003

60,00

add

ABN AMRO

Harm Meijer

+31 20 383 67 84

21-11-2003

59,00

reduce

Fortis Bank

Dimf Kerkhoff

+31 20 535 72 19

04-09-2003

53,45

outperform

Goldman Sachs

Jeppe de Boer

+44 207 552 3704

01-09-2003

52,90

add

Kempen & Co.

Jaap-Jan Fit

+31 20 348 84 54

13-08-2003

53,70

buy

Merrill Lynch

Bernd Stahli

+44 207 996 1205

08-08-2003

53,65

hold

F. van Lanschot

Sander Kroodsma

+31 73 548 80 83

07-08-2003

52,80

neutral

Kempen & Co.

Max Berkelder

+31 20 348 84 53

07-08-2003

52,85

hold

Fortis Bank

Dimf Kerkhoff

+31 20 535 72 19

06-08-2003

52,95

add

Petercam

Remco Vinck

+31 20 573 55 04

06-08-2003

52,75

hold

ABN AMRO

Harm Meijer

+31 20 383 67 84

24-07-2003

53,85

in-line

Goldman Sachs

Jeppe de Boer

+44 207 552 3704

19-05-2003

53,00

add

Petercam

Remco Vinck

+31 20 573 55 04

15-05-2003

52,40

hold

ABN AMRO

Harm Meijer

+31 20 383 67 84

14-05-2003

52,10

add(3)

SNS Securities

Tinka Kleine

+31 20 550 85 72

09-05-2003

53,05

hold

F. van Lanschot

Sander Kroodsma

+31 73 548 80 83

07-05-2003

52,50

neutral

Kempen & Co.

Jaap-Jan Fit

+31 20 348 84 54

07-05-2003

52,60

add

ABN AMRO

Harm Meijer

+31 20 383 67 84

07-05-2003

52,65

hold

Fortis Bank

Dimf Kerkhoff

+31 20 535 72 19

17-3-2003

52,00

buy

Merrill Lynch

Bernd Stahli

+44 207 996 1205

3-3-2003

53,05

add

ABN AMRO

Harm Meijer

+31 20 383 67 84

27-2-2003

51,20

underperform

SG

Muriëlle Jardel

+33 1 42 13 84 65

21-2-2003

51,35

hold

ING

Bruno Duclos

+33 1 56 39 31 42

21-2-2003

51,35

hold

ABN AMRO

Harm Meijer

+31 20 383 67 84

21-2-2003

51,35

accumulate

Fortis

Dimf Kerkhoff

+31 20 527 11 51

21-2-2003

51,35

buy

Petercam

Remco Vinck

+31 20 573 55 06

21-2-2003

51,35

neutral

Kempen & Co.

Jaap-Jan Fit

+31 20 348 84 54

24-1-2003

52,75

add

SNS Securities

Tinka Kleine

+31 20 550 85 72

12-12-2002

52,80

hold

ABN AMRO

Harm Meijer

+31 20 383 67 84

18-11-2002

50,00

buy

Fortis Bank

Dimf Kerkhoff

+31 20 527 11 51

6-8-2002

50,00

buy

AEK

Henk Brouwer

+31 20 530 63 17

6-8-2002

50,00

accumulate

Fortis Bank

Dimf Kerkhoff

+31 20 527 11 51

6-8-2002

50,00

neutral

Dexia

Herman Smeding

+31 20 348 84 57

6-8-2002

49,69

add

Petercam

Remco Vinck

+31 20 573 55 06

25-7-2002

50,60

add

Dexia

Jaap Jan Fit

+31 20 348 84 54

18-7-2002

55,60

reduce

ABN AMRO

Harm Meijer

+31 20 383 67 84

2-7-2002

58,50

hold

F. van Lanschot

Sander Kroodsma

+31 73 548 80 83

may 2002

57,95

accumulate

Fortis Bank

Dimf Kerkhoff

+31 20 527 11 51

8-5-2002

55,80

buy

AEK

Henk Brouwer

+31 20 530 63 17

april 2002

55,65

hold

F. van Lanschot

Sander Kroodsma

+31 73 548 80 83

14-5-2002

56,75

add

Petercam

Remco Vinck

+31 20 573 55 06

26-3-2002

57,80

buy

Merrill Lynch

Bernd Stahli

+44 20 7996 1205

4-3-2002

57,40

hold

S.G.Paris

Murielle Jardel

+33 1 42 13 84 65

1-2-2002

56,00

neutral

Dexia

Jaap Jan Fit

+31 20 557 12 41

24-1-2002

55,00

buy

Merrill Lynch

Bernd Stahli

+44 207 996 1205

23-1-2002

54,80

add

SNS Securities

Tinka Kleine

+31 20 550 85 72

23-1-2002

54,80

reduce

KBC Securities

Rémi Loir

+33 1 53 05 34 43

21-1-2002

54,35

add

ABN -AMRO

Harm Meijer

+31 20 383 67 84

21-1-2002

54,35

outperformer

AEK

Gert Jan Kapiteyn

+31 20 530 63 16

17-1-2002

56,70

accumulate

Fortis Bank

Dimf Kerkhoff

+31 20 527 11 51

9-11-2001

52,50

accumulate

KBC Securities

Rémi Loir

+33 1 53 05 34 43

9-11-2001

52,50

hold

S.G.Paris

Murielle Jardel

+33 1 42 13 84 65

8-11-2001

52,00

add

ABN AMRO

Harm Meijer

+31 20 383 67 84

2-10-2001

50,00

buy

SNS Securities

Tinka Kleine

+31 20 550 85 72

29-8-2001

52,75

accumulate

KBC Securities

Rémi Loir

+33 1 53 05 34 43

14-8-2001

53,50

accumulate

Merrill Lynch

Bernd Stahli

+44 20 7772 1205

7-8-2001

53,00

add

SNS Securities

Tinka Kleine

+31 20 550 85 72

7-8-2001

53,00

buy

ABN AMRO

Remco Vinck

+31 20 383 65 91

7-8-2001

53,00

buy

Fortis Bank

Dimf Kerkhoff

+31 20 527 11 51

june/01

56,00

hold

Wargny

Benoît Faure-Jarrosson

+33 1 40 27 03 99

2-4-2001

53,90 (ex)

outperformer

SNS Securities

Tinka Kleine

+31 20 550 85 72

14-2-2001

57,90

buy

Fortis Bank

Dimf Kerkhoff

+31 20 527 11 51

2-2-2001

56,50

accumulate

Merrill Lynch

Bernd Stahli

+44 20 7772 1205

18-1-2001

56,65

add

Kempen & Co.

Jaap Jan Fit

+31 20 557 12 41

dec /00

52,05

accumulate

KBC Securities

Laetitia d'Epremesnil

+33 1 53 05 29 34

29-11-2000

51,45

buy

ING Barings

Bruno Duclos

+33 1 40 41 50 59

29-11-2000

51,45

add

ABN AMRO

Remco Vinck

+31 20 383 67 80

28-8-2000

52,60

outperformer

Kempen & Co.

Jaap Jan Fit

+31 20 557 12 41

june  /00

48,80

buy

Fortis Bank

Dimf Kerkhoff

+31 20 527 11 51

16-6-2000

49,05

accumulate

Merrill Lynch

Bernd Stahli

+44 207 772 1205

9-5-2000

44,75

outperformer

Van Doorn T&S

Kim Haasbroek

+31 20 530 63 18

8-5-2000

44,85

outperformer

Kempen & Co.

Jaap Jan Fit

+31 20 557 12 41

3-7-2000

41,70

buy

S.G.Paris

Murielle Jardel

+33 1 42 13 84 65

1-2-2000

43,70

buy

ING

Philippe Le Trung

+33 1 40 41 50 59

1-5-2000

44,60

outperformer

SNS Securities

Jan Brouwer

+31 20 550 85 71