Europe Research Roundup: Danone, Flutter Entertainment, Subsea 7 SA

Aumann AG

07/08/2020 07:53

Aug 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Danone, Flutter Entertainment and Subsea 7 SA on Friday. 
    
    HIGHLIGHTS
     * Danone  DANO.PA : Deutsche Bank cuts to hold from buy
     * Flutter Entertainment  FLTRF.L : Berenberg raises target price to 10400p from 7000p
     * Subsea 7 SA  SUBC.OL : HSBC cuts to hold from buy
     * TCS Group Holding Plc  TCSq.L : HSBC raises target price to $32 from $24
     * Vonovia SE  VNAn.DE : Barclays raises target price to EUR 65 from EUR 53
    
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.    
 
     * Accor  ACCP.PA : Credit Suisse cuts target price to EUR 19.30 from EUR 21
     * Adidas AG  ADSGn.DE : Cowen and Company raises price target to EUR 267 from EUR 260
     * Adidas AG  ADSGn.DE : Credit Suisse raises target price to EUR 198 from EUR 193
     * Adidas AG  ADSGn.DE : Telsey Advisory Group raises target price to EUR 275 from EUR 270
     * Aib Group Plc  AIBG.I : Barclays cuts target price to EUR 1.35 from EUR 1.50
     * Aumann AG  AAGG.DE : Citigroup raises price target to EUR 14 from EUR 8
     * AXA  AXAF.PA : Jefferies raises target price to EUR 27 from EUR 26.50
     * Bank of Ireland Group Plc  BIRG.I : Barclays raises target to EUR 2.50 from EUR 2.40
     * Cairn Energy Plc  CNE.L : JP Morgan cuts price target to 210p from 259p
     * Calisen Plc  CLSN.L : Credit Suisse raises target price to 230p from 225p
     * CGG  GEPH.PA : Barclays cuts target price to EUR 1.40 from EUR 1.50
     * Convatec Group Plc  CTEC.L : JP Morgan raises price target to 175p from 172p
     * Credit Agricole  CAGR.PA : Credit Suisse raises target price to EUR 11 from EUR 10.50
     * Danone  DANO.PA : Deutsche Bank cuts price target to EUR 64 from EUR 85
     * Danone  DANO.PA : Deutsche Bank cuts to hold from buy
     * Derwent London Plc  DLN.L : Citigroup cuts price target to 2172p from 2604p
     * Deutsche Lufthansa AG  LHAG.DE : Barclays cuts target price to EUR 4.30 from EUR 4.50
     * Deutsche Lufthansa AG  LHAG.DE : HSBC cuts target price to EUR 2.25 from EUR 2.5
     * Deutsche Post AG  DPWGn.DE : JP Morgan raises target price to EUR 41.99 from EUR 40.51
     * Diasorin SpA  DIAS.MI : Jefferies raises price target to EUR 125 from EUR 120
     * Dixons Carphone Plc  DC.L : HSBC raises target price to 140p from 110p
     * EasyJet  EZJ.L : Citigroup cuts price target to 660p from 775p
     * Flutter Entertainment  FLTRF.L : Berenberg raises target price to 10400p from 7000p
     * Hannover Rueck SE  HNRGn.DE : HSBC raises target price to EUR 140 from EUR 139
     * Hiscox  HSX.L : Credit Suisse cuts target price to 912p from 950p
     * Ibstock  IBST.L : Jefferies cuts price target to 180p from 185p
     * Ibstock  IBST.L : Peel Hunt cuts target price to 210p from 255p
     * ITV  ITV.L : Barclays cuts target price to 75p from 80p
     * Merck KGaA  MRCG.DE : Barclays raises target price to EUR 92 from EUR 90
     * Metro Bank Plc  MTRO.L : Citigroup cuts price target to 110p from 115p
     * Mondi  MNDI.L : Citigroup cuts price target to 1800p from 1930p
     * Raiffeisen Bank International AG  RBIV.VI : HSBC raises target to EUR 17 from EUR 16
     * Rentokil  RTO.L : JP Morgan raises target price to 570p from 560p
     * Rheinmetall AG  RHMG.DE : HSBC raises target price to EUR 104 from EUR 88
     * S&T AG  SANT1.VI : Jefferies raises price target to EUR 32 from EUR 26
     * Saipem SpA  SPMI.MI : Credit Suisse cuts target price to EUR 1.40 from EUR 1.60
     * Saipem SpA  SPMI.MI : HSBC cuts target price to EUR 2.6 from EUR 2.9
     * Science Group Plc  SAGS.L : Liberum initiates with buy rating and 290p target price
     * Siemens AG  SIEGn.DE : Barclays raises target price to EUR 122 from EUR 109
     * Siemens AG  SIEGn.DE : Citigroup raises price target to EUR 138 from EUR 130
     * Siemens AG  SIEGn.DE : Liberum raises target price to EUR 110 from EUR 83
     * Siemens Healthineers AG  SHLG.DE : HSBC cuts target price to EUR 45 from EUR 47
     * Subsea 7 SA  SUBC.OL : HSBC cuts to hold from buy
     * Subsea 7 SA  SUBC.OL : HSBC raises target price to NOK 70 from NOK 65
     * TCS Group Holding Plc  TCSq.L : HSBC raises target price to $32 from $24
     * Tenaris  TENR.MI : Jefferies cuts price target to EUR 5.35 from EUR 5.90
     * Vonovia SE  VNAn.DE : Barclays raises target price to EUR 65 from EUR 53
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))