Europe Research Roundup: Auto Trader, Equinor , Vonovia

AlzChem AG

02/07/2019 08:58

July 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Auto Trader Group, Schneider Electric and Vonovia, on Tuesday. 
    
  HIGHLIGHTS
     * Abivax SA  ABVX.PA : Kepler Cheuvreux raises to buy from reduce
     * Auto Trader Group Plc  AUTOA.L : Peel Hunt cuts to hold from add
     * Equinor ASA  EQNR.OL : Bernstein raises to outperform from market perfrom
     * Schneider Electric  SCHN.PA : JP Morgan raises target price to EUR 82 from EUR 80
     * Vonovia SE  VNAn.DE : Citigroup cuts target price to EUR 63.90 from EUR 64.20
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
       
     * 888 Holdings Plc  888.L : Deutsche Bank initiates with hold rating, 175p target price
     * Abcam Plc  ABCA.L : Janney initiates coverage with buy rating and 1700p fair value
     * Abivax SA  ABVX.PA : Kepler Cheuvreux raises target price to 14 euros from 9 euros
     * Abivax SA  ABVX.PA : Kepler Cheuvreux raises to buy from reduce
     * Acerinox SA  ACX.MC : Morgan Stanley cuts target price to EUR 8.70 from EUR 8.80
     * Adidas AG  ADSGn.DE : HSBC cuts to hold from buy; raises PT to EUR 300 from EUR 255
     * Alzchem Group AG  ACT1k.DE : Baader Helvea Updates PT to EUR 30 from EUR 3 
     * Amoeba SA  AMEBA.PA : Portzamparc cuts target price to EUR 6.6 from EUR 7.5; rating buy
     * Aperam SA  APAM.AS : Morgan Stanley cuts target price to EUR 25.40 from EUR 26
     * Applus  APPS.MC : Credit Suisse raises target price to EUR 15 from EUR 14.50
     * ArcelorMittal SA  MT.AS : Citigroup cuts target price to EUR 27 from EUR 28
     * Asiamet Resources Ltd  ARSA.L : Berenberg cuts target price to 11p from 13p
     * Auto Trader Group Plc  AUTOA.L : Peel Hunt cuts to hold from add
     * BASF  BASF.DE : Independent Research cuts PT to EUR 70.00 from EUR 74.00; rating hold
     * BASF SE  BASFn.DE : Berenberg cuts price target to EUR 75 from EUR 79
     * Brenntag AG  BNRGn.DE : Independent Research cuts PT to EUR 45.00 from EUR 49.00; hold
     * Capgemini  CAPP.PA : UBS cuts target price to EUR 120 from EUR 122
     * Carrefour  CARR.PA : Barclays raises price target to EUR 18.2 from EUR 17.5
     * Centamin Plc  CEY.L : Berenberg raises price target to 110p from 106p
     * Cerved Group SpA  CERV.MI : Kepler Cheuvreux cuts target price to 9.5 euros from 10 euros
     * Cramo Oyj  CRA1V.HE : Inderes cuts target price to EUR 11.20 from EUR 19.00; rating reduce
     * Croda International Plc  CRDA.L : Citigroup cuts target price to 5520p from 5521p
     * Croda International Plc  CRDA.L : UBS raises target price to 5500p from 5300p
     * Danske Bank  DANSKE.CO : Credit Suisse cuts target price to DKK 123 from DKK 133
     * Deutsche Wohnen SE  DWNG.DE : Citigroup raises target price to EUR 59.90 from EUR 59.40
     * Digital Bros SpA  DIB.MI : Midcap Partners raises PT to EUR 9.5 from EUR 9.1; rating buy
     * DNB ASA  DNB.OL : Credit Suisse raises target price to NOK 174 from NOK 168
     * DNO ASA  DNO.OL : Stifel resumes coverage with hold rating and NOK 18 target price
     * Drax Group Plc  DRX.L : JP Morgan cuts target price to 400p from 450p
     * Electrolux  ELUXb.ST : Citigroup cuts target price to SEK 235 from SEK 260
     * Equinor ASA  EQNR.OL : Bernstein raises to outperform from market perfrom
     * Flutter Entertainment  FLTRF.L : Deutsche Bank initiates with hold rating, 5750p PT
     * Future Plc  FUTR.L : Peel Hunt raises target price to 1,200p from 1,100p
     * Galapagos NV  GLPG.AS : KBC Securities raises PT to EUR 128.0 from EUR 124.0; rating 'buy'
     * Galenica AG  GALE.S : Credit Suisse raises target price to SFR 55 from SFR 54
     * Gima TT SpA  GIMA.MI : Kepler Cheuvreux raises target price to 8.5 euros from 8 euros
     * Gulf Keystone Petroleum Ltd  GKP.L : Stifel initiates coverage with 340p target price
     * Gulf Keystone Petroleum Ltd  GKP.L : Stifel initiates coverage with buy rating 
     * GVC Holdings Plc  GVC.L : Deutsche Bank initiates with buy rating, 910p target price
     * Handelsbanken  SHBa.ST : Credit Suisse cuts target price to SEK 87 from SEK 93
     * Heineken NV  HEIN.AS : Deutsche Bank raises price target to EUR 105 from EUR 103
     * Hml Holdings Plc  HMLH.L : Finncap raises target price by 8 pct to 57p
     * Hunting Plc  HTG.L : Berenberg cuts price target to 630p from 640p
     * Intercontinental Hotels Group Plc  IHG.L : UBS cuts to sell from neutral
     * Intercontinental Hotels Group Plc  IHG.L : UBS raises target price to 4700p from 4500p
     * Intertek Group Plc  ITRK.L : Jefferies raises target price to 5900p from 5150p
     * JPJ Group Plc  JPJ.L : Deutsche Bank initiates with buy rating, 1000p target price
     * Lonza Group AG  LONN.S : Baader Helvea raises price target to SFR 349 from SFR 338
     * Nemetschek NEKG.DE : Baader Helvea adjusts PT to EUR 52.33 from EUR 157 to reflect stock
 split
     * Nordea Bank Abp  NDAFI.HE : Credit Suisse cuts target price to EUR 8.2 from EUR 8.5
     * OC Oerlikon Corporation AG  OERL.S : Credit Suisse cuts TP to SFR 13.50 from SFR 14
     * Playtech Plc  PTEC.L : Deutsche Bank initiates with hold rating, 460p target price
     * Publicis  PUBP.PA : Deutsche Bank cuts price target to EUR 55 from EUR 61
     * Puma SE  PUMG.DE : HSBC raises price target to EUR 72 from EUR 62.5
     * Puretech Health Plc  PRTC.L : Liberum raises price target to 336p from 308p
     * Saint-Gobain  SGOB.PA : Jefferies raises target price to EUR 28 from EUR 27.60
     * Salzgitter AG  SZGG.DE : Citigroup cuts target price to EUR 25 from EUR 26
     * Sartorius AG  SATG.DE : UBS raises target price to EUR 184 from EUR 147
     * Sartorius Stedim Biotech SA  STDM.PA : UBS raises target price to EUR 143 from EUR 124
     * Schneider Electric  SCHN.PA : JP Morgan raises target price to EUR 82 from EUR 80
     * Senior Plc  SNR.L : JP Morgan cuts target price to 220p from 225p
     * Solid State Plc  SOLI.L : Finncap raises price target to 546p from 475p
     * St. Modwen Properties  SMP.L : JP Morgan raises target to 490p from 475p; overweight
     * St. Modwen Properties Plc  SMP.L : Peel Hunt raises target price to 430p from 400p
     * Swedbank  SWEDa.ST : Credit Suisse cuts target price to SEK 130 from SEK 131
     * TCS Group Holding Plc  TCSq.L : HSBC raises target price to $28.5 from $27.7
     * Telecom Italia  TLIT.MI : UBS cuts target price to EUR 0.42 from EUR 0.50
     * Telenor ASA  TEL.OL : Jefferies raises target price to NOK 164 from NOK 163
     * Telia  TELIA.ST : Jefferies raises target price to SEK 49.2 from SEK 48.9
     * United Internet AG  UTDI.DE : Deutsche Bank cuts price target to EUR 40 from EUR 56
     * UPM-Kymmene Oyj  UPM.HE : Inderes cuts PT to EUR 24.00 from EUR 25.00; rating reduce
     * Vilmorin & Cie SA  VILM.PA : Midcap Partners cuts PT to EUR 53 from EUR 55; neutral
     * Vonovia SE  VNAn.DE : Citigroup cuts target price to EUR 63.90 from EUR 64.20
     * William Hill Plc  WMH.L : Deutsche Bank initiates with buy rating, 197p target price
 
 (Compiled by Bengaluru Newsroom)
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