Europe Research Roundup: Kloeckner & Co, Royal Mail, Salzgitter
24/09/2019 08:41
Sept 24 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Kloeckner & Co, Royal Mail and Salzgitter on Tuesday.
HIGHLIGHTS
* Kloeckner & Co SE KCOGn.DE : Jeffeires raises to buy from hold
* Royal Mail Plc RMG.L : Liberum cuts to sell from hold
* Salzgitter AG SZGG.DE : Jefferies cuts to underperform from hold
* TUI AG TUIGn.DE : UBS raises to neutral from sell
* Voestalpine AG VOES.VI : Jefferies cuts to hold from buy
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Adler Real Estate AG ADLG.DE : Kepler Cheuvreux cuts TP to EUR 16.9 from EUR 17.5
* Anglo American Plc AAL.L : Morgan Stanley cuts target price to 2280p from 2300p
* ArcelorMittal SA MT.AS : Jefferies cuts target price to EUR 20 from EUR 24
* ArcelorMittal SA MT.AS : Morgan Stanley cuts target price to EUR 21 from EUR 23
* Aures Technologies SA AURS.PA : Midcap Partners cuts TP to EUR 25 from EUR 32; buy
* Aurubis AG NAFG.DE : Morgan Stanley raises target price to EUR 45 from EUR 43
* Auto Trader Group Plc AUTOA.L : UBS cuts price target to 510p from 540p
* BHP Group Plc BHPB.L : Morgan Stanley raises target price to 1820p from 1810p
* Boliden AB BOL.ST : Morgan Stanley raises target price to SEK 240 from SEK 232
* Centamin Plc CEY.L : Morgan Stanley raises target price to 135p from 120p
* Covestro AG 1COV.DE : Barclays raises target price to 54 euros from 52 euros
* CRH Plc CRH.I : Citigroup raises target price to EUR 36.50 from EUR 34.50
* CRH Plc CRH.L : Citigroup raises price target to 3210p from 3130p
* Deutz AG DEZG.DE : HSBC cuts target price to EUR 8.5 from EUR 10.8
* Deutz AG DEZG.DE : Kepler Cheuvreux cuts target price to EUR 5 from EUR 6
* Dustin Group AB DUST.ST : Kepler Cheuvreux cuts target price to SEK 90 from SEK 100
* EasyJet Plc EZJ.L : Berenberg raises target price to 1,260p from 1,150p
* Enel ENEI.MI : Kepler Cheuvreux raises target price to EUR 7.1 from EUR 6.8
* Evraz EVRE.L : Morgan Stanley cuts target price to 450p from 500p
* Flowtech Fluidpower Plc FLOL.L : Finncap cuts price target by 10 pct to 180p
* Fresnillo Plc FRES.L : Morgan Stanley raises target price to 850p from 700p
* Gem Diamonds Ltd GEMD.L : Citigroup cuts price target to 90p from 100p
* Glencore GLEN.L : Morgan Stanley cuts target price to 298p from 305p
* Groupe Cs SIGF.PA : Portzamparc cuts to hold from buy; cuts tp to EUR 5.2 from EUR 6.5
* Hembla AB HEMb.ST : Kepler Cheuvreux raises target price to SEK 227 from SEK 208
* Hera SpA HRA.MI : Kepler Cheuvreux raises target price to EUR 3.7 from EUR 3.5
* Hotel Chocolat Group Plc HOTC.L : Liberum raises target price to 440p from 410p
* Hotel Chocolat Group Plc HOTC.L : Peel Hunt raises price target to 410p from 375p
* ING Groep NV INGA.AS : Kepler Cheuvreux raises target price to EUR 11.5 from EUR 11.3
* Iren SpA IREE.MI : Kepler Cheuvreux raises target price to EUR 3 from EUR 2.8
* Italgas IG.MI : Kepler Cheuvreux raises target price to EUR 5.5 from EUR 5.4
* K+S SDFGn.DE : Independent Research cuts target price to EUR 13.80 from EUR 16.20; hold
* K+S SDFGn.DE : JP Morgan cuts target price to 11 euros from 12.5 euros
* K+S SDFGn.DE : Kepler Cheuvreux cuts target price to EUR 20 from EUR 24
* K+S SDFGn.DE : SocGen cuts target price to EUR 14 from EUR 17
* K+S SDFGn.DE : SocGen cuts to hold from buy
* Kaz Minerals Plc KAZ.L : Morgan Stanley cuts target price to 600p from 650p
* Kloeckner & Co SE KCOGn.DE : Jeffeires raises target price to EUR 7.40 from EUR 4.90
* Kloeckner & Co SE KCOGn.DE : Jeffeires raises to buy from hold
* Lundin Mining Corp LUMIN.ST : Morgan Stanley raises target price to SEK 59 from SEK 58
* Nanobiotix SA NANOB.PA : Jefferies cuts target price to EUR 21 from EUR 23
* Novo Nordisk Novob.Co Handelsbanken raises target price to DKK 395 from DKK 366 :
* Outokumpu Oyj OUT1V.HE : Morgan Stanley cuts target price to 2.80 euros from 2.90 euros
* Pets at Home Group Plc PETSP.L : Morgan Stanley cuts to underweight from equal-weight
* Pets at Home Group Plc PETSP.L : Morgan Stanley raises target price to 150p from 135p
* Polymetal POLYP.L : Morgan Stanley raises target price to 1100p from 950p
* Polyus Gold PLZLq.L : Morgan Stanley raises target price to $63 from $53
* Remy Cointreau RCOP.PA : Jefferies cuts target price to EUR 120 from EUR 130
* Royal Mail Plc RMG.L : Liberum cuts to sell from hold
* Salvatore Ferragamo SpA SFER.MI : JP Morgan cuts Dec-2020 PT to EUR 18 from EUR 19
* Salzgitter AG SZGG.DE : Jefferies cuts target price to EUR 14 from EUR 18
* Salzgitter AG SZGG.DE : Jefferies cuts to underperform from hold
* Siltronic AG WAFGn.DE : HSBC starts with buy rating; EUR 83 price target
* Snam SRG.MI : Kepler Cheuvreux raises target price to EUR 4.8 from EUR 4.7
* SSAB AB SSABa.ST : Macquarie cuts to neutral rating
* SSAB AB SSABa.ST : Morgan Stanley cuts target price to 42 SEK from 45 SEK
* Streamwide SA ALSTW.PA : Midcap Partners raises tp to EUR 11.0 from EUR 9.1; neutral
* Suez Environnement SEVI.PA : Citigroup raises target price to EUR 14.50 from EUR 11.60
* Tate & Lyle TATE.L :BofA Merrill initiates with neutral rating and price objective of 790p
* Terna TRN.MI : Kepler Cheuvreux raises target price to EUR 5.5 from EUR 5.4
* ThyssenKrupp TKAG.DE : Morgan Stanley raises target price to EUR 13.2 from EUR 11.4
* Town Centre Securities Plc TOWNT.L : Peel Hunt cuts target price to 215p from 260p
* TUI AG TUIGn.DE : Independent Research ups target price to EUR 11.20 from EUR 8.90;hold
* TUI AG TUIGn.DE : UBS raises price target to 900p from 740p
* TUI AG TUIGn.DE : UBS raises to neutral from sell
* Umicore SA UMI.BR : KBC Securities ups target price to EUR 40 from EUR 38; accumulate
* Vectura Group Plc VEC.L : Peel Hunt cuts target price to 114p from 119p
* Veolia VIE.PA : Citigroup raises target price to EUR 28 from EUR 22
* Vivo Energy Plc VVO.L : Citigroup raises target price to 188p from 184p
* Voestalpine AG VOES.VI : Jefferies cuts target price to EUR 23 from EUR 27
* Voestalpine AG VOES.VI : Jefferies cuts to hold from buy
* Voestalpine AG VOES.VI : Morgan Stanley cuts target price to 27 euros from 29 euros
* Weir Group Plc WEIR.L : Peel Hunt cuts target price to 1,585p from 1,875p
* Weir Group Plc WEIR.L : Peel Hunt cuts to hold from buy
* Xlmedia Plc XLM.L : Berenberg cuts target price to 90p from 100p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))