Europe Research Roundup: Nyrstar, Randgold Resources, Richemont
07/11/2016 08:03
Nov 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Commerzbank, Randgold Resources and Richemont, on Monday.
HIGHLIGHTS
* Nyrstar NV NYR.BR : Morgan Stanley raises to equal-weight from underweight
* Kaz Minerals Plc KAZ.L : JP Morgan raises target price to 215p from 150p;underweight
* Richemont SA CFR.S : Barclays raises target price to Sfr 70 from Sfr 60;equal weight
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Acacia Mining Plc ACAA.L : JP Morgan raises target price to 620p from 580p;overweight
* Acerinox SA ACX.MC :JP Morgan cuts target price to 10.9 euros from 11 euros;underweight
* Amag AMAV.VI : JP Morgan cuts target price to 36 euros from 38 euros;rating neutral
* Anglo American Plc AAL.L : JP Morgan raises target price to 1280p from 1230p;overweight
* Anglo American Plc AGLJ.J :JP Morgan raises target to 252 Rand from 208 Rand;overweight
* Antofagasta Plc ANTO.L : JP Morgan raises target price to 390p from 350p;rating neutral
* Aperam SA APAM.AS :JP Morgan cuts target price to 47.2 euros from 47.5 euros;overweight
* BHP Billiton Plc BILJ.J : JP Morgan raises target price to 219 Rand; rating underweight
* BHP Billiton Plc BLT.L : JP Morgan raises target price to 1110p from 1090p;underweight
* Commerzbank AG CBKG.DE : Barclays cuts target price to 6 euros from 7 euros;underweight
* Ferrexpo Plc FXPO.L : JP Morgan raises target price to 55p from 50p; rating neutral
* Fresnillo Plc FRES.L :JP Morgan raises target price to 1750p from 1630p; rating neutral
* Galapagos NV GLPG.AS : Credit Suisse raises target price to 56 euros from 48 euros
* Gem Diamonds Ltd GEMD.L :JP Morgan cuts target price to 145p from 170p;rating overweight
* Gemfields Plc GEM.L : JP Morgan raises target price to 48p from 44p; rating neutral
* Glencore Plc GLEN.L : JP Morgan raises target price to 260p from 220p; rating neutral
* Hochschild HOCM.L : JP Morgan raises target price to 284p from 260p; rating neutral
* Kaz Minerals Plc KAZ.L : JP Morgan raises target price to 215p from 150p;underweight
* Norsk Hydro ASA NHY.OL : JP Morgan raises target price to Nok 37 from Nok 36.5;neutral
* Nyrstar NV NYR.BR : Morgan Stanley raises to equal-weight from underweight
* Outokumpu Oyj OUT1V.HE : JP Morgan raises target to 6.8 euros from 6.4 euros; neutral
* Petra Diamonds Ltd PDL.L : JP Morgan raises target price to 165p from 139p;overweight
* Randgold Resources Ltd RRS.L : JP Morgan raises target to 8300p from 7650p; overweight
* Richemont SA CFR.S : Barclays raises target price to Sfr 70 from Sfr 60;equal weight
* Rio Tinto Plc RIO.L : Renaissance Capital raises target price to 3800p from 3500p;buy
* Salzgitter AG SZGG.DE : JP Morgan cuts target price to 29 euros from 31 euros;neutral
* SSAB AB SSABa.ST : JP Morgan cuts target price to Sek 21.5 from Sek 23;underweight
* SSAB AB SSABb.ST : JP Morgan cuts target price to Sek 18.5 from Sek 20;underweight
* Thyssenkrupp AG TKAG.DE : JP Morgan cuts target to 23 euros from 23.4 euros; overweight
* Voestalpine AG VOES.VI : JP Morgan raises target to 35 euros from 34 euros; overweight
(Compiled by Bengaluru Newsroom)
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Keywords: RESEARCH EUROPE/