EUROPE RESEARCH ROUNDUP: Deutsche Telekom, BT Group, SAS AB
11/11/2013 20:32
Nov 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Rio Tinto and BT Group, on Monday.
HIGHLIGHTS
* Mining: Renaissance starts Anglo American, Rio Tinto with hold ID:nWNAB033XW
* BT Group BT.L : JP Morgan raises to overweight from neutral; ups target to 420p
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Anglo American AAL.L : Renaissance Capital starts with hold; target price 1600p
* Associated British Foods ABF.L : Barclays cuts to equal weight from overweight
* Associated British Foods ABF.L : Barclays ups target to 2350p from 2100p
* BHP Billiton BLT.L : Renaissance Capital starts with buy; price target 2300p
* BT Group BT.L : JP Morgan raises to overweight from neutral
* BT Group BT.L : JP Morgan raises price target to 420p from 380p
* Cable and Wireless Communications CWC.L : Jefferies ups target to 48p from 45p; hold
* Continental AG CONG.DE : Barclays ups target to 156 euros from 124 euros; overweight
* Credit Agricole CAGR.PA : S&P Capital IQ raises target to 9.6 euros from 9 euros; rating
* Glencore Xstrata GLEN.L : Renaissance Capital starts with sell; price target 320p
* Halfords Group HFD.L : Barclays raises target to 435p from 360p; equal weight
* Inmarsat ISA.L : RBC cuts price target to 725p from 730p; rating sector perform
* International Personal Finance IPF.L : RBC cuts target to 695p from 700p; outperform
* London Mining LOND.L : Renaissance Capital raises target to 230p from 200p; buy
* Paragon Group of Companies PARA.L : RBC raises to outperform
* Reed Elsevier NV ELSN.AS : Barclays ups target to 17.90 euros from 16.85 euros
* Reed Elsevier REL.L : Barclays raises target to 965p from 935p; overweight
* Rentokil Initial RTO.L : Barclays raises target to 117p from 112p; overweight
* Rio Tinto RIO.L : Renaissance Capital starts with hold; price target 1490p
* Royal Bank of Scotland RBS.L : Jefferies ups target to 441p from 390p; buy
* SES SA SESFd.PA : Barclays ups target to 21.70 euros from 20.15; underweight
* Sodexo SA EXHO.PA : Barclays raises target to 71 euros from 66 euros; underweight
* Straumann STMN.S : UBS raises price target to Sfr 165 from Sfr 143; rating neutral
* Suedzucker SZUG.DE : Barclays cuts target to 20 euros from 25 euros; rating underweight
* Telecom Italia TLIT.MI : S&P raises target to 0.75 euros from 0.60 euros; rating hold
((Compiled by Rachel Chitra; Bangalore Equities Newsdesk +91 80 6749 1130; within
U.S. +1 646 223 8780))
Keywords: RESEARCH EUROPE/