Europe Research Roundup: Aareal Bank, Deutsche Boerse, Vossloh

Agfa Gevaert NV

03/11/2020 07:03

Nov 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aareal Bank, Deutsche Boerse and Vossloh, on Tuesday. 
    
    HIGHLIGHTS  
     * Aareal Bank AG  ARLG.DE : HSBC cuts target price to EUR 21 from EUR 23
     * Deutsche Boerse AG  DB1Gn.DE : Citigroup raises to buy from neutral
     * RSA Insurance  RSA.L : Morgan Stanley raises to overweight from equal-weight
     * Shell  RDSa.L : Morgan Stanley raises to overweight from equal-weight
     * Vossloh AG  VOSG.DE : Berenberg raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
 
     * 1&1 Drillisch AG  DRIG.DE : Jefferies cuts target price to EUR 20.20 from EUR 22.90
     * 1&1 Drillisch AG  DRIG.DE : Kepler Cheuvreux cuts target price to EUR 20 from EUR 26
     * Aareal Bank AG  ARLG.DE : Deutsche Bank cuts target price to EUR 18 from EUR 20
     * Aareal Bank AG  ARLG.DE : HSBC cuts target price to EUR 21 from EUR 23
     * AB Foods  ABF.L : Barclays cuts target price to 2280p from 2400p
     * AB Foods  ABF.L : Credit Suisse cuts price target to 2400p from 2430p
     * Adler Group SA  ADJ.DE : UBS cuts target price to EUR 25 from EUR 30
     * AGFA Gevaert  AGFB.BR : KBC Securities cuts target price to EUR 5.0 from EUR 5.8
     * AGFA Gevaert  AGFB.BR : KBC Securities cuts to accumulate from buy
     * Air Liquide  AIRP.PA : Barclays initiates with overweight rating and EUR 155 price target
     * Aixtron SE  AIXGn.DE : Barclays cuts target price to EUR 13 from EUR 13.5
     * Alfa Financial Software Holdings  ALFAAL.L : Canaccord Genuity ups PT to 130p from 120p
     * Amundi SA  AMUN.PA : Citigroup cuts price target to EUR 68 from EUR 70
     * Anheuser Busch Inbev  ABI.BR : Independent Research cuts PT to EUR 48 from EUR 51; hold
     * Applus  APPS.MC : Berenberg raises target price to EUR 10 from EUR 9
     * Barclays  BARC.L : Independent Research raises to hold from sell
     * Barclays  BARC.L : Independent Research raises target price to 115p from 85p
     * Boostheat Sas  BOOST.PA : Berenberg cuts target price to EUR 5.50 from EUR 9
     * BP  BP.L : Bernstein cuts price target to 470p from 480p
     * BP  BP.L : Morgan Stanley raises to equal-weight from underweight
     * Brunel International NV  BRUN.AS : ING cuts target price to EUR 8.50 from EUR 16.25
     * Centrica  CNA.L : RBC raises target price to 55p from 33p
     * Centrica  CNA.L : RBC raises to outperform from underperform
     * Commerzbank AG  CBKG.DE : Credit Suisse cuts price target to EUR 5.1 from EUR 5.3
     * Consus Real Estate AG  CC11.DE : UBS raises price target to EUR 6.8 from EUR 6.5
     * Crest Nicholson Holdings Plc  CRST.L : Canaccord Genuity raises PT to 290p from 260p
     * Crest Nicholson Holdings Plc  CRST.L : Jefferies raises target price to 280p from 251p
     * Delivery Hero SE  DHER.DE : Citigroup raises price target to EUR 140 from EUR 135
     * Deutsche Boerse AG  DB1Gn.DE : Citigroup raises price target to EUR 158 from EUR 153
     * Deutsche Boerse AG  DB1Gn.DE : Citigroup raises to buy from neutral
     * Deutsche Pfandbriefbank AG  PBBG.DE : Deutsche Bank raises PT to EUR 8 from EUR 6
     * Deutsche Pfandbriefbank AG  PBBG.DE : Deutsche Bank raises to buy from hold
     * Deutsche Wohnen SE  DWNG.DE : UBS raises price target to EUR 53 from EUR 52
     * Enersense International  ESENSE.HE : Inderes raises to buy from increase
     * Enersense International  ESENSE.HE : Inderes target price to EUR 6.5 from EUR 5.0
     * Equinor ASA  EQNR.OL : Berenberg raises price target to NOK 165 from NOK 155
     * Equinor ASA  EQNR.OL : Morgan Stanley cuts target price to NOK 137 from NOK 151
     * Equinor ASA  EQNR.OL : Morgan Stanley cuts to equal-weight from overweight
     * Erste Group Bank AG  ERST.VI : Citigroup raises price target to EUR 26 from EUR 25
     * Faurecia  EPED.PA : Jefferies cuts target price to EUR 35 from EUR 38
     * Flutter Entertainment  FLTRF.L : HSBC raises target price to 11,400p from 10,000p
     * Geberit AG  GEBN.S : Baader Helvea raises target price to CHF 600 from CHF 575
     * Glencore  GLEN.L : Independent Research raises to buy from hold
     * Glencore  GLEN.L : Independent Research cuts target price to 178p from 180p
     * Grand City Properties SA  GYC.DE : UBS cuts target price to EUR 25.5 from EUR 26.5
     * Hensoldt AG  HAGG.DE : Deutsche Bank initiates at buy with target price EUR 12
     * Hensoldt AG  HAGG.DE : JP Morgan initiates with overweight rating; Dec-21 PT of EUR 13
     * Hiscox  HSX.L : Jefferies raises target price to 1020p from 1000p
     * Hiscox  HSX.L : RBC raises target price to 875p from 825p
     * Horizon Discovery Group Plc  HZDH.L : Stifel raises target price to 185p from 120p
     * Howden Joinery  HWDN.L : Citigroup raises price target to 630p from 545p
     * Howden Joinery  HWDN.L : JP Morgan raises target price to 641p from 580p
     * Howden Joinery  HWDN.L : Stifel raises target price to 620p from 525p
     * Ilkka Yhtyma  ILK2S.HE : Inderes raises target price to EUR 4.0 from EUR 3.75; rating buy
     * Kion Group AG  KGX.DE : JP Morgan cuts target price to EUR 57 from EUR 58
     * Kongsberg Gruppen ASA  KOG.OL : Kepler Cheuvreux raises PT to NOK 180 from NOK 160
     * Koninklijke Philips NV  PHG.AS : Citigroup raises price target to EUR 47 from EUR 46
     * Kuehne Und Nagel International AG  KNIN.S : Jefferies raises PT to CHF 175 from CHF 150
     * LafargeHolcim Ltd  LHN.S : Citigroup raises price target to CHF 53 from CHF 51
     * LEG Immobilien AG  LEGn.DE : UBS raises target price to EUR 145 from EUR 140
     * LVMH  LVMH.PA : Independent Research cuts PT to EUR 430.00 from EUR 445.00; rating hold
     * Mapfre  MAP.MC : Credit Suisse raises target price to EUR 1.41 from EUR 1.38
     * Mercialys SA  MERY.PA : Berenberg cuts price target to EUR 6.90 from EUR 7.50
     * National Express  NEX.L : Canaccord Genuity cuts target price to 255p from 425p
     * National Grid Plc  NG.L : Morgan Stanley raises price target to 1000p from 955p
     * National Grid Plc  NG.L : Morgan Stanley raises to overweight from equal-weight
     * Ocado  OCDO.L : Berenberg raises target price to 2530p from 2430p
     * Prudential  PRU.L : Barclays cuts target price to 1505p from 1532p
     * Repsol  REP.MC : Independent Research cuts PT to EUR 5.50 from EUR 6.40; rating hold
     * RSA Insurance  RSA.L : Morgan Stanley raises target price to 600p from 540p
     * RSA Insurance  RSA.L : Morgan Stanley raises to overweight from equal-weight
     * Ryanair  RYA.I : Credit Suisse raises target price to EUR 15.16 from EUR 13.10
     * Sabadell  SABE.MC : Deutsche Bank raises target price to EUR 0.45 from EUR 0.40
     * Sanofi  SASY.PA : Independent Research cuts PT to EUR 102.00 from EUR 105.00; rating buy
     * SAP SE  SAPG.DE : Berenberg cuts target price to EUR 115 from EUR 148
     * Senior Plc  SNR.L : Credit Suisse cuts price target to 65p from 80p
     * Serco Group Plc  SRP.L : Citigroup cuts price target to 165p from 180p
     * Serco Group Plc  SRP.L : Jefferies cuts target price to 170p from 180p
     * Shell  RDSa.L : Morgan Stanley raises to overweight from equal-weight
     * Smith+Nephew Plc  SN.L : Bernstein cuts target price to 1,400p from 1,530p
     * Sparebank 1 Ostlandet  SPA1.OL : Kepler Cheuvreux raises PT to NOK 98 from NOK 93
     * Sparebank 1 Ostlandet  SPA1.OL : Kepler Cheuvreux raises to buy from hold
     * Spectris Plc  SXS.L : Berenberg raises target price to 2,425p from 2,240p
     * Swatch Group AG  UHR.S : UBS raises price target to CHF 195 from CHF 152
     * Swatch Group AG  UHR.S : UBS raises to neutral from sell
     * Swiss Re AG  SRENH.S : Jefferies cuts target price to CHF 69 from CHF 75
     * Ubisoft  UBIP.PA : Berenberg raises target price to EUR 85 from EUR 80
     * Ubisoft  UBIP.PA : UBS starts with buy rating; price target EUR 95
     * Umicore SA  UMI.BR : Citigroup cuts price target to EUR 34 from EUR 40
     * Umicore SA  UMI.BR : Deutsche Bank cuts target price to EUR 35 from EUR 40
     * Umicore SA  UMI.BR : ING cuts target price to EUR 35 from EUR 40
     * United Internet AG  UTDI.DE : Jefferies cuts target price to EUR 28.7 from EUR 28.9
     * United Internet AG  UTDI.DE : Kepler Cheuvreux cuts target price to EUR 37 from EUR 47
     * Valneva SE  VLS.PA : Portzamparc cuts target price to EUR 6.9 from EUR 7.2; rating buy
     * Volution Group Plc  FAN.L : Liberum raises target price to 290p from 250p
     * Vonovia SE  VNAn.DE : UBS raises target price to EUR 70 from EUR 65
     * Vossloh AG  VOSG.DE : Berenberg cuts target price to EUR 38 from EUR 40
     * Vossloh AG  VOSG.DE : Berenberg raises to buy from hold
     * Warehouse REIT Plc  WHRW.L : Peel Hunt raises target price to 130p from 125p
     * Weir Group  WEIR.L : Jefferies raises target price to 1,565p from 1,060p
     * Worldline SA  WLN.PA : Guggenheim cuts target price to EUR 90 from EUR 93
     * Yamana Gold Inc  AUY.L : Berenberg raises target price to 610p from 590p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))