Disclosures - Conflicts of interest

Rating distribution

Buy 366
Hold 293
Sell 69
Reduce 175
(Updated: 22/06/16)
(Total: 903)

Set forth below are important disclosures relating to the issuers covered by BNP Paribas Fortis SA/NV. The disclosures cover conflicts of interest with regard to the issuers as of April 1st 2011 and may be subject to change without further notice. Please note that, in addition to the disclosures provided below, other disclosures, including valuation methodologies used to derive price targets and risks that might prevent issuer's financial instruments from reaching such price targets, can be found in the text of BNP Paribas Fortis SA/NV research reports and notes.

More information can be found in our:

Please select an issuer in order to see the important disclosures that apply to that issuer.



  • Analyst Certification
    The persons who are indicated as authors of texts in which listed financial instruments or issuers are addressed, confirm that:
    1. all opinions mentioned in these texts reflect accurately the personal opinion of the authors with regards to the financial instruments and issuers involved; and
    2. no part of their remuneration has been, is or will be directly or indirectly tied to investment banking operations nor to the particular recommendations or opinions expressed in these texts
  • BNP Paribas Fortis SA/NV or its affiliates expects to receive or intends to seek compensation for investment banking services from this issuer in the next 3 months.