EUROPE RESEARCH ROUNDUP: Societe Generale, Eurotunnel, LVMH, K&S

ACOMO

08/11/2013 08:38

Nov 8 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Societe Generale and Eurotunnel, on Friday.  
     
    HIGHLIGHTS 
    * Societe Generale  SOGN.PA : S&P Capital IQ cuts to buy from strong buy  
    * Eurotunnel  GETP.PA : Morgan Stanley raises to overweight from equal weight  
       
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order. See bottom of the table for sector changes.   
     
    * ArcelorMittal  ISPA.AS : JP Morgan raises target price to 15 euros from 13.50 euros 
    * CGG Veritas  GEPH.PA : Morgan Stanley cuts target to 12 euros from 14 euros; underweight 
    * Credit Agricole  CAGR.PA : UBS raises target to 10.50 euros from 10.20 euros; rating buy 
    * Deutsche Telekom  DTEGn.DE : S&P Capital IQ ups target to 12.50 euros from 10 euros 
    * Eurotunnel  GETP.PA : Morgan Stanley raises to overweight from equal weight  
    * Eurotunnel  GETP.PA : Morgan Stanley raises price target to 8.50 euros from 6.10 euros 
    * Generali  GASI.MI : S&P Capital IQ raises target to 14.50 euros from 13 euros 
    * HeidelbergCement HEIG.DE :S&P Capital IQ cuts target to 63 euros from 64 euros;rating buy 
    * Inmarsat PLC  ISA.L : Morgan Stanley cuts target to 740p from 820p; rating overweight 
    * Societe Generale  SOGN.PA : UBS ups target to 27.40 euros from 25.60 euros; rating sell  
    * Societe Generale  SOGN.PA : S&P Capital IQ cuts to buy from strong buy  
    * Societe Generale  SOGN.PA : S&P Capital IQ raises price target to 47 euros from 40 euros 
    * Swiss Re AG  SRENH.VX : JP Morgan raises target to Sfr 87 from Sfr 81; rating neutral 
    * Tecan  TECN.S : UBS raises price target to Sfr 110 from Sfr 100; rating buy 
    * Vallourec  VLLP.PA :JP Morgan cuts target to 48 euros from 50 euros; rating overweight 
    * Vallourec  VLLP.PA : S&P Capital IQ cuts target to 46 euros from 48 euros; rating hold  
     
     
 ((Compiled by Saqib Iqbal Ahmed; Bangalore Equities Newsdesk +91 80 6749 1130; within  
U.S. +1 646 223 8780))   
 
 
Keywords: RESEARCH EUROPE/