LONDON, Sept 13 (Reuters) - Credit Suisse turned bullish on
UK stocks, especially on the ones with international exposure,
as the chances of the nation crashing out of the European Union
fall and some equities look cheap compared with their foreign
rivals, it said on Friday.
The Swiss bank now expects the UK blue-chip index FTSE 100
.FTSE to touch 7,600 points by mid-2020, a 3.5% gain from
current levels.
"We would buy UK international earners in dollar terms that
are cheap versus their peer group," Credit Suisse analysts said.
Johnson Matthey JMAT.L , Elementis ELM.L , Rentokil
RTO.L , Relx REL.L and British American Tobacco BATS.L are
some of the names Credit Suisse believes are attractive.