EUROPE RESEARCH ROUNDUP: Bovis, Seadrill, Lloyds Banking, Carrefour

Awilco Drilling

29/10/2013 15:32

Oct 29 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Seadrill and Kone, on Tuesday.  
     
    HIGHLIGHTS 
    * Bovis  BVS.L : Liberum raises to buy from hold  
    * DIA  DIDA.MC : Barclays cuts to equal weight from overweight 
    * Seadrill  SDRL.OL : SocGen cuts to sell from buy 
    * Kone  KNEBV.HE : Barclays starts with underweight  
       
Following is a summary of research actions on European companies reported by Reuters on Tuesday. 
Stock entries are in alphabetical order.  
     
    * Allianz SE  ALVG.DE : JP Morgan raises target to 144 euros from 140 euros; overweight 
    * Barratt  BDEV.L : Liberum raises price target to 387p from 374p; rating buy  
    * Bellway  BWY.L : Liberum raises price target to 1760p from 1700p; rating buy  
    * Berkeley  BKGH.L : Liberum raises price target to 2634p from 2400p; rating hold  
    * Blur (Group)  BLUR.L : Liberum raises price target to 700p from 400p; rating buy 
    * Bovis  BVS.L : Liberum raises to buy from hold; target to 911p from 791p   
    * Cap Gemini  CAPP.PA : Barclays raises target to 60 euros from 50 euros; rating overweight 
    * DIA  DIDA.MC : Barclays cuts to equal weight from overweight 
    * Ferrovial SA  FER.MC : Raymond James ups target to 14.70 euros from 13.40; outperform 
    * GlaxoSmithKline  GSK.L : Barclays cuts target price to 1545p from 1555p; equal weight 
    * Hannover Re  HNRGn.DE : JP Morgan raises to neutral from underweight  
    * Kone  KNEBV.HE : Barclays starts with underweight; price target 59 euros  
    * Munich Re  MUVGn.DE : JP Morgan raises target to 163 euros from 160 euros; overweight  
    * Persimmon  PSN.L : Liberum raises price target to 1261p from 1245p; rating hold  
    * Redrow  RDW.L : Liberum raises to buy from hold; target to 304p from 241p   
    * Schindler  SCHN.S : Barclays starts with equal weight; price target Sfr 120 
    * Seadrill  SDRL.OL : SocGen cuts to sell from buy 
    * Shire  SHP.L : Barclays raises price target to 2800p from 2515p; rating overweight 
    * Taylor Wimpey  TW.L : Liberum raises price target to 127p from 113p; rating buy 
    * Thyssenkrupp  TKAG.DE : JP Morgan raises target to 24 euros from 19 euros; overweight 
 
 (Compiled by Aby Jose Koilparambil in Bangalore) 
 ((AbyJose.Koilparambil@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 80 
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Keywords: RESEARCH EUROPE/