CA Cheuvreux ranked No. 2 in European research in StarMine's annual survey for 2006

With 11 awards, CA Cheuvreux was ranked the No. 2 broker for European research in StarMine's annual survey for 2006*:

This survey recognises the quality of the recommendations and earnings estimates published by some 2,000 investment analysts. CA Cheuvreux's analysts were ranked as follows:

Best stock picks:

- No. 1 in the Automobile sector
- No. 1 in the Chemicals sector
- No. 1 in the Telecommunication Services sector
- No. 2 in the Healthcare sector
- No. 2 in the Insurance sector
- No. 2 in the IT Services sector

Best earnings estimates:

- No. 1 in the Chemicals sector
- No. 2 in the Insurance sector
- No. 2 in the Luxury Goods sector
- No. 3 in the Automobile sector
- No. 8 overall

These results highlight the performance of CA Cheuvreux's European research team. In February, CA Cheuvreux was ranked No. 1 for French equity research and No. 2 for Continental European equity research by Institutional Investor.

* The Top Analysts of 2006 for Developed Europe

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