UPDATE 1-French equities are attractive but slightly expensive -UBS <!-- no image --> <div>* But French stocks looking slightly pricey -UBS (Adds detail and background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=zPVFcvBwFb4:nnG1YoXwwT4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=zPVFcvBwFb4:nnG1YoXwwT4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=zPVFcvBwFb4:nnG1YoXwwT4:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=zPVFcvBwFb4:nnG1YoXwwT4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=zPVFcvBwFb4:nnG1YoXwwT4:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/zPVFcvBwFb4" height="1" width="1" alt=""></div> Posted by Reuters