Europe Research Roundup: Actelion, Zurich Insurance, Sanofi

Agesa Hayat ve Emeklilik

10/02/2016 07:59

Feb 10 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Krones, Talktalk Group and Zurich Insurance, on Wednesday.  
     
    HIGHLIGHTS 
    * Actelion Ltd  ATLN.VX : HSBC raises to buy from hold   
    * Zurich Insurance Group AG  ZURN.VX : JP Morgan raises to neutral from underweight 
    * Sanofi SA  SASY.PA : Bernstein, SocGen cut target price on the stock 
    * Talktalk Group  TALK.L : Jefferies cuts target price to 150p from 249p; underperform   
     
           
Following is a summary of research actions on European companies reported by Reuters on 
Wednesday. Stock entries are in alphabetical order. 
 
    * Actelion Ltd  ATLN.VX : HSBC raises to buy from hold   
    * Actelion Ltd  ATLN.VX : HSBC raises target price to Sfr 155 from Sfr 150   
    * Adidas AG  ADSGn.DE : HSBC raises target price to 108 euros from 101 euros; rating buy   
    * Avivasa Emeklilik Ve Hayat  AVISA.IS : HSBC cuts to hold from buy 
    * Avivasa Emeklilik Ve Hayat  AVISA.IS : HSBC raises target price to Tl 22.2 from Tl 19.10   
    * Bank Pekao  PEO.WA : SocGen raises target price to Pln 139 from Pln 134; rating hold   
    * Bankia SA  BKIA.MC : Berenberg cuts target price to eur 0.70 from eur 0.95; rating sell   
    * Barclays Plc  BARC.L : Nomura cuts target price to 255p from 290p; rating buy   
    * BH Global Ltd  BHGGu.L : Jefferies starts coverage with underperform   
    * BH Macro Ltd  BHMG.L : Jefferies starts with buy   
    * Boussard and Gavaudan Holding Ltd  BGHLC.AS : Jefferies starts with buy   
    * Caixabank SA  CABK.MC : Berenberg cuts target price to 2 euros from 2.20 euros; sell   
    * Cambian Group Plc  CMBNC.L : Barclays cuts target price to 128p from 200p; overweight   
    * Davide Campari Milano CPRI.MI :Barclays ups target to 6.75euros from 6.50euros;underweight 
  
    * Greencore Group Plc  GNC.L : Berenberg raises target price to 450p from 380p; rating buy   
    * HSBC Holdings Plc  HSBA.L : Nomura cuts target price to 555p from 585p; rating neutral 
    * Icap Plc  IAP.L : Barclays cuts target price to 440p from 500p; rating equal weight   
    * Johnson Matthey Plc  JMAT.L : HSBC cuts target price to 3300p from 3700p; rating buy   
    * Krones AG  KRNG.DE : HSBC raises to hold from reduce   
    * Krones AG  KRNG.DE : HSBC cuts target price to 92 euros from 96 euros   
    * Nordex SE  NDXG.DE : Barclays starts with overweight; 32 euros target price   
    * Pershing Square Holdings Ltd  PSH.AS : Jefferies starts with hold   
    * Royal Bank of Scotland Group  RBS.L : Nomura cuts target price to 300p from 330p; neutral  
    * Sanofi SA  SASY.PA : Bernstein cuts target price to 79 euros from 91 euros; market-perform 
  
    * Sanofi SA  SASY.PA : SocGen cuts target price to 107 euros from 115 euros; rating buy   
    * Securitas AB  SECUb.ST : Nomura cuts target price to Sek 104.5 from Sek 116; rating reduce 
  
    * Standard Chartered Plc  STAN.L : Barclays reinstates with equal weight rating; 500p target 
    * Standard Chartered Plc  STAN.L : Nomura cuts target price to 540p from 635p; neutral  
    * Statoil ASA  STL.OL : RBC cuts target price to Nok 105 from Nok 110; rating sector perform 
  
    * Talktalk Group  TALK.L : Jefferies cuts target price to 150p from 249p; underperform   
    * Third Point Offshore Investors Ltd  TPOG.L : Jefferies starts with buy   
    * TomTom NV  TOM2.AS : UBS cuts target price to 8.50 euros from 10 euros; rating neutral   
    * Vestas Wind Systems  VWS.CO : Barclays raises target to Dkk 550 from Dkk 510; overweight   
    * Virgin Money Holdings  VM.L : Nomura starts with buy; target price 445p   
    * Wereldhave NV  WEHA.AS : ING cuts target price to 55.60 euros from 63.10 euros; rating buy 
  
    * Zurich Insurance Group AG  ZURN.VX : JP Morgan raises to neutral from underweight 
    * Zurich Insurance Group AG  ZURN.VX : JP Morgan cuts target price to Sfr 222 from Sfr 251   
     
 
 (Compiled by Geetha Panchaksharam in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/