Europe Research Roundup: Salzgitter, Chime Communications, Greenko Group
14/05/2015 13:22
May 14 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including RWE, Telefonica and Deutsche Telekom, on Thursday.
HIGHLIGHTS
* Telefonica SA TEF.MC : S&P Capital IQ cuts to hold from buy
* Chime Communications CHW.L : Peel Hunt cuts to hold from buy
* Tui AG TUIGn.DE : Exane BNP Paribas cuts to neutral from outperform
* Greenko Group GKO.L : Cantor raises to buy from hold
* RWE RWEG.DE : Citigroup, UBS, Goldman Sachs, SocGen cut target price
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. See bottom of the table for sector changes.
* Abertis ABE.MC : Kepler Cheuvreux raises to hold from reduce
* Abertis ABE.MC : Kepler Cheuvreux raises target price to 17 euros from 14.38 euros
* Acciona ANA.MC : Goldman Sachs raises price target to 80 euros from 77 euros; neutral
* ACS ACS.MC : S&P Capital IQ cuts target price to 27 euros from 30 euros; rating sell
* Aegon AEGN.AS : Deutsche Bank cuts target price to 7.80 euros; rating hold
* Aegon AEGN.AS : Goldman Sachs cuts price target to 7.65 euros from 7.89 euros; neutral
* Aegon AEGN.AS : Natixis cuts price target to 8 euros from 8.1 euros; rating buy
* Aena AENA.MC : Goldman Sachs raises price target to 88 euros from 87 euros; neutral
* Aggreko AGGK.L : Canaccord Genuity raises target price to 1461p from 1237p; rating sell
* Ahold NV AHLN.AS : Exane BNP Paribas raises target price to 20.50 euros; outperform
* Akcansa AKCNS.IS : Goldman Sachs raises target to 19.70 euros from 19.30 euros;neutral
* AMAG AMAV.VI : JP Morgan raises target price to 33 euros; rating neutral
* Antofagasta ANTO.L : S&P Capital IQ raises target price to 700p from 625p; rating sell
* Arcelik ARCLK.IS : Goldman Sachs cuts price target to Tl 16.80 from Tl 17; rating neutral
* Astm SpA ATMI.MI>: Kepler Cheuvreux raises target price to 15 euros from 14.30 euros; buy
* Aygaz AS AYGAZ.IS>: Goldman Sachs raises price target to Tl 11.10 from Tl 11; neutral
* Banca Popolare Dell'emilia Romagna EMII.MI : SocGen raises to hold from sell
* Banca Popolare Dell'emilia Romagna EMII.MI : SocGen raises target price to 7.7 euros
* Barratt Developments BDEV.L : Deutsche Bank raises target price to 576p from 556p
* Barratt Developments BDEV.L : Credit Suisse raises price target to 491p from 456p;neutral
* Bellway Plc BWY.L : Credit Suisse raises price target to 2228p from 2062p; rating neutral
* Berkeley Group BKGH.L : Credit Suisse raises price target to 2439p from 2341p; neutral
* Boliden BOL.ST : Goldman Sachs raises price target to Sek 205 from Sek 175; rating buy
* Bouygues BOUY.PA : Goldman Sachs raises price target to 39 euros from 34.50 euros;neutral
* Bouygues BOUY.PA : Exane BNP Paribas cuts target price to 38 euros from 39 euros; neutral
* Bouygues BOUY.PA : Natixis raises price target to 32.4 euros from 32 euros; neutral
* Bouygues BOUY.PA : Barclays cuts to equal weight from overweight
* Bouygues BOUY.PA : Barclays raises price target to 38 euros from 36 euros
* BP Emilia EMII.MI : Kepler Cheuvreux cuts to hold from buy
* BP Emilia EMII.MI : Kepler Cheuvreux raises target price to 8 euros from 7.60 euros
* BP Milano PMII.MI : Kepler Cheuvreux cuts to reduce from hold
* BP Milano PMII.MI : Kepler Cheuvreux raises target price to 0.82 euros from 0.73 euros
* Brewin Dolphin Holdings Plc BRW.L : Canaccord Genuity cuts to hold from buy
* Buzzi Unicem BZU.MI : Berenberg raises target price to 10.60 euros; rating sell
* C&C GCC.I : SocGen raises to buy from hold; raises target price to 4.1 euros
* C&C GCC.I : Nomura raises price target to 3.80 euros from 3.40 euros; neutral
* Carlsberg CARLb.CO : Goldman Sachs raises price target to Dkk 470 from Dkk 460; sell
* Centrica Plc CNA.L : Jefferies starts with buy
* Centrica Plc CNA.L : Jefferies starts with price target 310p
* Cerved CERV.MI : Berenberg raises target price to 8 euros; rating buy
* Chime Communications CHW.L : Numis cuts price target to 339p
* Chime Communications CHW.L : Numis cuts to add from buy
* Chime Communications CHW.L : Canaccord Genuity cuts price target to 342p; rating buy
* Chime Communications CHW.L : Investec cuts target price to 320p from 340p; rating buy
* Chime Communications CHW.L : Peel Hunt cuts to hold from buy; cuts target price to 280p
* Cimsa CIMSA.IS : Goldman Sachs raises price target to Tl 20.20 from Tl 20.10; rating buy
* Coca-Cola Icecek CCOLA.IS : Goldman Sachs cuts price target to Tl 72 from Tl 73.60; buy
* Compass CPG.L : Credit Suisse cuts target price to 1160p from 1190p; rating neutral
* Compass CPG.L : SocGen raises target price to 1,190p from 1,070p
* CRH Plc CRH.I : Berenberg raises target price to 26.20 euros; rating hold BZU.MI
* Danske Bank DANSKE.CO : Berenberg raises price target to Dkk 147 from Dkk 134; sell
* Davide Campari CPRI.MI : Berenberg raises target price to 5.90 euros from 5.70 euros
* Delhaize DELB.BR : Exane BNP Paribas raises target price to 87 euros; rating neutral
* Deutsche Telekom DTEGn.DE : Deutsche Bank cuts target price to 19.25 euros; rating buy
* Deutsche Telekom DTEGn.DE : Natixis cuts target to 10.2 euros from 10.8 euros; reduce
* DIA DIDA.MC : Kepler Cheuvreux raises target price to 8 euros from 7.65 euros; rating buy
* Dogus Otomotiv DOAS.IS : Goldman Sachs raises target to Tl 13.60 from Tl 13.20; neutral
* EasyJet Plc EZJ.L : Barclays cuts price target to 1840p from 2150p; rating overweight
* Elekta EKTAb.ST : Citigroup cuts price target to Sek 31 from Sek 63; rating sell
* Elekta EKTAb.ST : Barclays cuts price target to Sek 57 from Sek 77; rating equal weight
* Elekta EKTAb.ST : UBS cuts price target to Sek 50 from Sek 57; rating sell
* Engineering ENG.MI : Kepler Cheuvreux raises target price to 63 euros from 60 euros; buy
* Enka Insaat ENKAI.IS : Credit Suisse cuts price target to Tl 6.21 from Tl 6.35;outperform
* ERG ERG.MI : Kepler Cheuvreux raises target price to 14.60 euros from 14.20 euros; buy
* Eurazeo SA EURA.PA : Natixis cuts price target to 70 euros from 73 euros; rating buy
* Euromoney ERM.L : Westhouse Securities ups target to 1090p from 1020p; neutral
* Exova EXO.L : Credit Suisse raises price target to 205p from 195p
* Exova EXO.L : Peel Hunt cuts to hold from buy; raises target price to 198p
* Fincantieri SpA FCT.MI : Kepler Cheuvreux cuts price target to 0.78 euros from 0.85 euros
* Fincantieri SpA FCT.MI : Kepler Cheuvreux cuts to hold from buy
* Ford Otosan FROTO.IS : Goldman Sachs raises price target to Tl 28.90 from Tl 28.10; sell
* GlaxoSmithKline GSK.L : UBS cuts to neutral from buy; cuts target to 1500p from 1700p
* Greenko Group GKO.L : Cantor raises to buy from hold
* Greenko Group GKO.L : Cantor cuts target price to 82p from 86p
* Heidelbergcement HEIG.DE : Berenberg raises target price to 83 euros; rating buy
* Heidelbergcement HEIG.DE : Bernstein raises target to 90 euros from 86 euros; outperform
* Hill & Smith H