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$33.51 0.9  2.6%

Last Trade - 05/05/21

Sector
Industrials
Size
Large Cap
Market Cap £48.84bn
Enterprise Value £50.12bn
Revenue £19.29bn
Position in Universe 188th / 6849

EUROPE RESEARCH ROUNDUP: ArcelorMittal, Nestle, ABB Ltd, BNP Paribas

Mon 18th February, 2013 8:08am
Feb 18 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Nestle, Eni SpA, on Monday.  
     
    HIGHLIGHTS 
    * ArcelorMittal   : RBC raises to outperform from sector perform 
    * Nestle SA   : Berenberg Bank raises target price to Sfr 68 from Sfr 64; rating hold 
    * ABB Ltd   : Kepler cuts to hold from buy 
    * BNP Paribas SA   : Kepler cuts target price to 50 euros from 54 euros; rating buy 
    * Eni SpA   : Barclays, SocGen cut price target on the stock 
       
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.  
     
    * ABB Ltd   : Barclays raises target price to Sfr 24 from Sfr 21; rating overweight 
    * ABB Ltd   : Kepler cuts to hold from buy 
    * Actelion   : Barclays raises target to Sfr 47 from Sfr 46; rating equal weight 
    * ArcelorMittal   : RBC raises to outperform from sector perform 
    * ArcelorMittal   : RBC raises price target to 14 euros from 13 euros 
    * Arseus NV   : ING raises target price to 23 euros from 18 euros; rating buy 
    * BNP Paribas SA   : Kepler cuts target price to 50 euros from 54 euros; rating buy 
    * Buzzi Unicem   : Jefferies cuts target to 13.10 euros from 13.40 euros; rating buy 
    * Continental   : HSBC raises target to 102 euros from 98 euros; rating overweight 
    * Det Norske   : RBC raises target to Nok 110 from Nok 100; rating sector perform 
    * Eni SpA   : Barclays cuts target price to 21 euros from 22 euros; rating overweight 
    * Eni SpA   : SocGen cuts target price to 19.25 euros from 20 euros; rating hold 
    * Eurazeo   : SocGen raises target price to 46 euros from 45 euros; rating buy 
    * Gerresheimer   : Jefferies raises target to 49.50 euros from 48 euros; rating buy 
    * Homeserve PLC   : Barclays raises target price to 181p from 164p; rating underweight 
    * Informa PLC   : Investec raises target price to 495p from 410p; rating hold 
    * Italcementi   : Jefferies raises target to 7.40 euros from 6.70 euros; rating buy 
    * Johnson Matthey   : HSBC cuts price target to 2,300p from 2,400p; rating neutral 
    * KBC Groupe   : Berenberg Bank raises target to 30 euros from 28 euros; rating buy 
    * London Stock Exchange   : Barclays ups target to 1500p from 1270p; rating overweight 
    * Lundin Petroleum   : RBC cuts to sector perform from outperform 
    * Lundin Petroleum   : RBC cuts target price to Sek 165 from Sek 180 
    * LVMH   : Berenberg Bank cuts to hold from buy; target to 140 euros from 150 euros 
    * Natixis   : SocGen raises to buy from hold; target to 4.2 euros from 3.1 euros 
    * Nestle SA   : Berenberg Bank raises target price to Sfr 68 from Sfr 64; rating hold 
    * Nyrstar   : HSBC raises target to 4.20 euros from 3.80 euros; rating underweight 
    * Obrascon Huarte Lain   : SocGen ups target to 30 euros from 21.9 euros; rating buy 
    * Oxford Instruments   : Jefferies starts with hold rating; price target of 1740p 
    * Petroleum Geo-Services   : HSBC ups target to Nok120 from Nok115; rating overweight 
    * Petropavlovsk   : Westhouse Securities cuts target to 480p from 490p; rating buy 
    * PPR SA   : Barclays raises target to 200 euros from 185 euros; rating overweight 
    * Saint Gobain   : Jefferies cuts target price to 46 euros from 47 euros; rating buy 
    * SGL Carbon   : Berenberg Bank cuts target to 18 euros from 21 euros; rating sell 
    * Shire PLC   : SocGen raises target price to 2397p from 2277p; rating buy 
    * Solvay SA   : HSBC raises price target to 123 euros from 115 euros; rating neutral 
    * Statoil   : HSBC raises to neutral from underweight; target to Nok 160 from Nok 150 
    * Storebrand   : Berenberg Bank cuts target price to Nok 45 from Nok 50; rating buy 
    * Sulzer AG   : Barclays raises target to Sfr 125 from Sfr 115; rating underweight 
    * Sulzer AG   : Kepler raises target price to Sfr 185 from Sfr 160; rating buy 
    * Surgutneftegas   : HSBC ups target to 38 roubles from 34 roubles; rating overweight 
    * Swatch Group   : Berenberg Bank raises target to Sfr 625 from Sfr 575; rating buy 
    * Synergy Health   : Jefferies cuts to hold from buy; target price to 1100p from 1150p 
    * Titan Cement   : Jefferies raises target to 18 euros from 17 euros; rating hold 
    * Tullow Oil   : Bernstein raises target price to 1800p from 1790p; rating outperform 
    * Unibail-Rodamco   : Morgan Stanley raises to equal-weight from underweight 
     
 (Compiled by Eileen Anupa Soreng in Bangalore) 
 ((eileen.soreng@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5919; 
Reuters messaging: eileen.soreng.thomsonreuters.com@reuters.net)) 
 
 
Keywords: RESEARCH EUROPE/
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