EUROPE RESEARCH ROUNDUP: UniCredit, Nokia, BP, Merck KGaA

74Software SA

30/10/2013 07:58

Oct 30 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Nokia and Petkim, on Wednesday.  
     
    HIGHLIGHTS 
    * Nokia  NOK.N : BMO, Canaccord Genuity, Cowen raise price target  
    * DSV A/S  DSV.CO : RBC cuts to sector perform from outperform 
    * Petkim  PETKM.IS : JP Morgan raises to neutral from underweight 
       
Following is a summary of research actions on European companies reported by Reuters on 
Wednesday. Stock entries are in alphabetical order.  
     
    * African Minerals  AMIq.L : Renaissance capital cuts target to 246p from 415p; rating buy 
    * Dialog Semiconductor  DLGS.DE : RBC cuts target to 17 euros from 18 euros; outperform 
    * DSV A/S  DSV.CO : RBC cuts to sector perform from outperform  
    * DSV A/S  DSV.CO : RBC raises price target to Dkk 170 from Dkk 160 
    * EMIS Group  EMISG.L : N+1 singer raises to buy from hold 
    * Legal & General Group  LGEN.L : JP Morgan raises target to 164p from 151p; underweight 
    * Melia Hotels  MEL.MC : Morgan Stanley raises target to 9.80 euros from 7.50; overweight 
    * Nokia  NOK.N : BMO raises target price to $7 from $5; rating market perform 
    * Nokia  NOK.N : Canaccord Genuity raises target price to $8 from $5.50;rating hold 
    * Nokia : Cowen raises price target to $7.50 from $5; rating marketperform 
    * Petkim  PETKM.IS : JP Morgan raises to neutral from underweight 
 
 
 
 (Compiled by Aby Jose Koilparambil in Bangalore) 
 ((AbyJose.Koilparambil@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 80 
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Keywords: RESEARCH EUROPE/