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ABB - Abb News Story

$34.22 1.0  2.9%

Last Trade - 14/05/21

Sector
Industrials
Size
Large Cap
Market Cap £48.94bn
Enterprise Value £50.20bn
Revenue £19.03bn
Position in Universe 186th / 6846

EUROPE RESEARCH ROUNDUP: Essar Energy, Neste Oil, ABB

Wed 13th March, 2013 5:34am
March 13 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Essar Energy, Neste Oil and ABB, on Wednesday.  
     
    HIGHLIGHTS 
    * European refiners: Nomura raises sector view to neutral from bearish    
    * ABB   : Nomura raises to buy from neutral; ups price target to Sfr 27 from Sfr 19 
       
Following is a summary of research actions on European companies reported by Reuters on 
Wednesday. Stock entries are in alphabetical order. See bottom of the table for sector changes.  
     
    * ABB   : Nomura raises to buy from neutral; ups price target to Sfr 27 from Sfr 19 
    * Atlantia SpA   : RBC cuts to underperform from sector perform  
    * Carrefour   : Nomura ups target to 20.10 euros from 19.50 euros; rating neutral 
    * Centrica   : Nomura raises target price to 350p from 335p; rating neutral 
    * ERG   : Nomura raises to neutral from reduce; target to 8 euros from 6.50 euros  
    * Essar Energy   : Nomura raises to buy from neutral  
    * Ferrovial SA   : SocGen ups target price to 14.4 euros from 14.1 euros; rating buy 
    * Kabel Deutschland   : Morgan Stanley adds to Europe best ideas 
    * Neste Oil   : Nomura ups target price to 10 euros from 9.50 euros; rating reduce  
    * PKN Orlen SA   : Nomura raises target price to Pln 45 from Pln 33; rating reduce  
    * Trinity Exploration & Production   : Jefferies starts with buy rating; target 180p 
    * Trinity Exploration & Production   : RBC starts with outperform; target price 200p 
     
    SECTOR CHANGES: 
    * European refiners: Nomura raises sector view to neutral from bearish 
    * Global Memory Chipmakers: Bernstein raises sector to overweight 
     
 ((Compiled by Rachel Chitra in Bangalore; rachel.chitra@thomsonreuters.com; Bangalore Equities 
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780; Reuters Messaging: 
rachel.chitra.reuters.com@reuters.net))   
 
 
Keywords: RESEARCH EUROPE/
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