Europe Research Roundup: Azoty, Bunzl, Kering

Albaraka Turk Katilim Bankasi

10/06/2016 07:18

June 10 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Azoty, Ford Otomotiv and Kering, on Friday.  
     
     
    HIGHLIGHTS 
     * Azoty  ATTP.WA : ING cuts to hold from buy   
     * Brembo  BRBI.MI : Exane BNP Paribas cuts to underperform from neutral 
  
     * Ford Otomotiv Sanayi as  FROTO.IS : HSBC raises to buy from hold   
     * Novatek  NVTKq.L : Deutsche Bank cuts to hold 
     * Kering  PRTP.PA : Credit Suisse raises to neutral from underperform 
     
           
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order. 
     
 
     * Air France-Klm  AIRF.PA : RBC cuts price target to 7.75 euros from 8.50 euros   
     * Akbank  AKBNK.IS : Deutsche Bank raises target price to Tl 8.50   
     * Albaraka Turk  ALBRK.IS : Deutsche Bank cuts target price to Tl 1.57   
     * Auto Trader  AUTOA.L : Barclays raises price target to 420p; rating equal weight   
     * Azoty  ATTP.WA : ING cuts target price to Pln 82.1 from Pln 125.2   
     * Azoty  ATTP.WA : ING cuts to hold from buy   
     * Big Yellow  BYG.L : Berenberg raises target price to 820p from 700p   
     * Bilfinger SE  GBFG.DE : UBS cuts target price to 35 euros from 40 euros; rating neutral   
     * Brembo  BRBI.MI : Exane BNP Paribas cuts to underperform from neutral   
     * Bunzl Plc  BNZL.L : UBS raises target price to 2100p from 1850p; rating neutral   
     * DCC Plc  DCC.L : UBS raises target price to 7000p from 6300p; rating buy   
     * Dogus Otomotiv  DOAS.IS : HSBC cuts target price to Tl 12.3 from Tl 14   
     * Dogus Otomotiv  DOAS.IS : HSBC cuts to hold from buy   
     * Electrocomponents Plc  ECM.L : UBS raises target price to 290p from 220p; rating neutral   
     * Enquest Plc  ENQ.L : UBS raises target price to 38p from 17p; rating neutral   
     * Essentra Plc  ESNT.L : Citigroup cuts target price to 730p from 950p   
     * Essentra Plc  ESNT.L : JP Morgan cuts target price to 693p from 926p; rating overweight   
     * Flybe Group Plc  FLYB.L : HSBC raises target price to 100p from 95p   
     * Ford Otomotiv Sanayi as  FROTO.IS : HSBC raises to buy from hold   
     * Home Retail Group  HOME.L : HSBC cuts target price to 165p from 175p   
     * ICA Gruppen  ICAA.ST : Barclays starts with an underweight rating; target of Sek 250   
     * Kering  PRTP.PA : Credit Suisse raises to neutral from underperform 
     * Kering  PRTP.PA : Credit Suisse raises target price to 150 euros   
     * Magnit  MGNT.MM : JP Morgan cuts target to 12254 roubles from 13000 roubles; overweight   
     * Magnit  MGNTq.L : JP Morgan cuts target price to $38.30 from $40; rating neutral   
     * Novatek  NVTKq.L : Deutsche Bank cuts to hold; raises target price to $110 
     * Novo Nordisk  NOVOb.CO : Nordea Equity Research ups target to Dkk 500 from Dkk 490; buy   
     * Partners Group Holding  PGHN.S : UBS raises target price to Sfr 448 from Sfr 389; buy   
     * PZ Cussons Plc  PZC.L : HSBC raises target price to 322p from 300p; rating hold   
     * Richemont SA  CFR.S : HSBC cuts target price to Sfr 70 from Sfr 81; rating buy   
     * RWE  RWEG.DE : HSBC raises target price to 11.5 euros from 9.5 euros   
     * Sky Plc  SKYB.L : HSBC raises target price to 1030p from 1010p   
     * Standard Life Plc  SL.L : UBS cuts target price to 347p from 380p; rating neutral   
     * Straumann  STMN.S : Credit Suisse raises target price to Sfr 430 from Sfr 385   
     * Tofas  TOASO.IS : HSBC raises target price to Tl 27.5 from Tl 25.6   
     * Tofas  TOASO.IS : HSBC raises to buy from hold   
     * Turk Traktor  TTRAK.IS : HSBC raises target price to Tl 97.3 from Tl 95   
     * Turkiye Garanti Bankasi AS  GARAN.IS : Deutsche Bank cuts target price to Tl 8.80   
     * Turkiye Halk Bankasi AS  HALKB.IS : Deutsche Bank cuts target price to Tl 10.90   
     * Turkiye Is Bankasi AS  ISCTR.IS : Deutsche Bank cuts target price to Tl 5.70   
     * Turkiye Vakiflar Bankasi TAO  VAKBN.IS : Deutsche Bank raises target price to Tl 4.90   
     * Yapi ve Kredi Bankasi AS  YKBNK.IS : Deutsche Bank raises target price to Tl 4.50   
    
 
 (Compiled by Geetha Panchaksharam in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/