Europe Research Roundup: Carnival, Idorsia Ltd, Weir Group

Banca Sistema

11/05/2020 08:26

May 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Idorsia Ltd, Next and Richter, on Monday. 
    
    HIGHLIGHTS  
     * Amadeus  AMA.MC : UBS raises to buy from neutral
     * Carnival  CCL.L : HSBC raises to buy from hold; cuts target price to 1280p from 3500p
     * Idorsia Ltd  IDIA.S : Credit Suisse raises to outperform from neutral
     * Next  NXT.L : Goldman Sachs cuts to neutral from buy
     * Weir Group  WEIR.L : HSBC cuts to hold from buy; cuts target price to 985p from 1045p
    
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
  
     * Acciona  ANA.MC : Barclays cuts target price to EUR 115 from EUR 116
     * Aedifica SA  AOO.BR : Kepler Cheuvreux cuts target price to EUR 132 from EUR 140
     * Air France-KLM  AIRF.PA : Barclays cuts target price to EUR 3.6 from EUR 4.2
     * Air France-KLM  AIRF.PA : Davy cuts to underperform from neutral
     * Air France-KLM  AIRF.PA : HSBC cuts target price to EUR 4 from EUR 4.25
     * Aker ASA  AKER.OL : Kepler Cheuvreux cuts target price to NOK 440 from NOK 640
     * Alstria Office REIT AG  AOXG.DE : Morgan Stanley cuts PT to EUR 15.50 from EUR 18.50
     * Amadeus  AMA.MC : Credit Suisse cuts price target to EUR 38.47 from EUR 41.76
     * Amadeus  AMA.MC : UBS cuts price target to EUR 46 from EUR 48
     * Amadeus  AMA.MC : UBS raises to buy from neutral
     * Anheuser Busch Inbev SA  ABI.BR : Barclays raises target price to EUR 49 from EUR 46
     * Anheuser Busch Inbev SA  ABI.BR : Credit Suisse cuts target price to EUR 46 from EUR 58
     * AstraZeneca  AZN.L : Jefferies raises target price to 8,000p from 7,575p
     * Balder  BALDb.ST : Kepler Cheuvreux raises target price to SEK 443 from SEK 400
     * Banca Mediolanum  BMED.MI : Deutsche Bank raises target price to EUR 7.3 from EUR 7.1
     * Banca Sistema SpA  BSTA.MI : Kepler Cheuvreux cuts target price to EUR 2.4 from EUR 2.7
     * BFF Banking Group  BFF.MI : Kepler Cheuvreux cuts target price to EUR 6.4 from EUR 6.5
     * Big Yellow Group Plc  BYG.L : Morgan Stanley cuts target price to 900p from 1000p
     * Bodycote Plc  BOY.L : JP Morgan cuts target price to 530p from 615p
     * Boohoo Group Plc  BOOH.L : Bernstein raises to outperform from market-perform
     * Boohoo Group Plc  BOOH.L : Bernstein raises target price to 415p from 330p
     * Brenntag AG  BNRGn.DE : Kepler Cheuvreux raises target price to EUR 44 from EUR 42
     * Brenntag AG  BNRGn.DE : Jefferies raises target price to EUR 42 from EUR €35
     * Brewin Dolphin Holdings Plc  BRW.L : Jefferies raises target price to 320p from 300p
     * British Land  BLND.L : Morgan Stanley cuts target price to 450p from 540p
     * BT  BT.L : Barclays cuts target price to 120p from 130p
     * BT  BT.L : Citigroup cuts price target to 110p from 120p
     * Burford Capital Ltd  BURF.L : Berenberg raises target price to 820p from 810p
     * Caixabank  CABK.MC : Deutsche Bank cuts target price to EUR 2.45 from EUR 2.67
     * Carmila SA  CARM.PA : Morgan Stanley cuts target price to EUR 7 from EUR 14
     * Carnival  CCL.L : HSBC raises to buy from hold; cuts target price to 1280p from 3500p
     * Castellum AB  CAST.ST : Morgan Stanley cuts target price to SEK 140 from SEK 180
     * Citycon Oyj  CTY1S.HE : Kepler Cheuvreux cuts target price to EUR 5.6 from EUR 6
     * Citycon Oyj  CTY1S.HE : Kepler Cheuvreux cuts to reduce from hold
     * Colonial  COL.MC : Morgan Stanley cuts to equal-weight from overweight
     * Colonial  COL.MC : Morgan Stanley cuts target price to EUR 9 from EUR 13
     * Derwent London Plc  DLN.L : Morgan Stanley cuts target price to 3400p from 4250p
     * Deutsche Lufthansa  LHAG.DE : Credit Suisse cuts TP to EUR 8.02 from EUR 10.26
     * Deutsche Lufthansa  LHAG.DE : Independent Research cuts PT to EUR 7.9 from EUR 8.7; hold
     * Deutsche Wohnen SE  DWNG.DE : Morgan Stanley raises target price to EUR 40 from EUR 37
     * Diploma Plc  DPLM.L : Jefferies cuts target price to 1,600p from 1,800p
     * DSV  DSV.CO : Jefferies raises target price to DKK 800 from DKK 750
     * E.ON SE  EONGn.DE : Deutsche Bank raises target price to EUR 9.5 from EUR 9.4
     * E.ON SE  EONGn.DE : HSBC cuts target price to EUR 11.9 from EUR 12
     * EasyJet  EZJ.L : Credit Suisse cuts target price to 746p from 945p
     * Electrolux  ELUXb.ST : Morgan Stanley raises target price to SEK 150 from SEK 140
     * Electrolux  ELUXb.ST : JP Morgan raises target price to SEK 145 from SEK 125
     * Elis SA  ELIS.PA : Credit Suisse raises target price to EUR 11.25 from EUR 9.25
     * Elkem ASA  ELK.OL : Kepler Cheuvreux raises target price to NOK 22 from NOK 20
     * EQ Oyj  EQV1V.HE : Inderes raises target price to EUR 14.00 from EUR 13.50; increase
     * Essilorluxottica SA  ESLX.PA : Bryan Garnier cuts fair value to EUR 130 from EUR 142
     * Essity AB (Publ)  ESSITYb.ST : Barclays raises target price to SEK 257 from SEK 254
     * Euronext NV  ENX.PA : Barclays raises target price to EUR 91 from EUR 86
     * Fabege AB  FABG.ST : Morgan Stanley cuts target price to SEK 110 from SEK 130
     * Flutter Entertainment  FLTRF.L : Barclays reinstates with equal-weight, 10,000p PT
     * GBL  GBLB.BR : HSBC raises to hold from reduce; cuts target price to EUR 76 from EUR 83
     * Great Portland Estates Plc  GPOR.L : Morgan Stanley cuts target price to 720p from 920p
     * Gulf Marine Services Plc  GMS.L : Canaccord Genuity raises to speculative buy from hold
     * Gulf Marine Services Plc  GMS.L : Canaccord Genuity raises target price to 15p from 8p
     * H&M  HMb.ST : Goldman Sachs cuts to sell from neutral
     * H&M  HMb.ST : Goldman Sachs cuts target price to SEK 115 from SEK 140
     * Halfords Group Plc  HFD.L : Peel Hunt raises target price to 250p from 150p
     * Hammerson Plc  HMSO.L : Morgan Stanley cuts to underweight from equal-weight
     * Hammerson Plc  HMSO.L : Morgan Stanley cuts target price to 50p from 175p
     * IAG  ICAG.L : Barclays cuts target price to 335p from 377p
     * IAG  ICAG.L : Credit Suisse cuts target price to 370p from 463p
     * Icade SA  ICAD.PA : Morgan Stanley cuts target price to EUR 75 from EUR 94
     * Idorsia Ltd  IDIA.S : Citigroup raises price target to CHF 37.5 from CHF 33
     * Idorsia Ltd  IDIA.S : Credit Suisse raises target price to CHF 35 from CHF 29
     * Idorsia Ltd  IDIA.S : Credit Suisse raises to outperform from neutral
     * IHG  IHG.L : Kepler Cheuvreux raises to hold from reduce
     * IMI Plc  IMI.L : Morgan Stanley raises target price to 980p from 940p
     * ING Groep NV  INGA.AS : Deutsche Bank raises target price to EUR 9 from EUR 8
     * ING Groep NV  INGA.AS : Kepler Cheuvreux raises target price to EUR 8.1 from EUR 7.7
     * Kinepolis Group NV  KIPO.BR : Kepler Cheuvreux cuts target price to EUR 46 from EUR 60
     * Klepierre  LOIM.PA : Morgan Stanley cuts target price to EUR 10 from EUR 21
     * KPN  KPN.AS : Kepler Cheuvreux cuts target price to EUR 2.8 from EUR 2.9
     * Kuehne Und Nagel International AG  KNIN.S : Jefferies cuts PT to CHF 125 from CHF 130
     * Lafargeholcim Ltd  LHN.S : Credit Suisse cuts target price to CHF 52 from CHF 53
     * Land Securities  LAND.L : Morgan Stanley cuts target price to 740p from 880p
     * Linde Plc  LINI.DE : Deutsche Bank cuts target price to EUR 210 from EUR 215
     * Londonmetric Property  LMPL.L : Morgan Stanley raises to equal-weight from underweight
     * Londonmetric Property  LMPL.L : Morgan Stanley cuts target price to 200p from 210p
     * Lundbeck  LUN.CO : Barclays cuts target price to DKK 295 from DKK 305
     * Maire Tecnimont SpA  MTCM.MI : Barclays cuts target price to EUR 2.3 from EUR 2.5
     * Maire Tecnimont SpA  MTCM.MI : Kepler Cheuvreux cuts target price to EUR 3 from EUR 3.5
     * Mediobanca  MDBI.MI : Deutsche Bank cuts target price to EUR 6.9 from EUR 7.5
     * Merlin Properties  MRL.MC : Morgan Stanley cuts target price to EUR 10 from EUR 14
     * Nexans  NEXS.PA : Kepler Cheuvreux cuts target price to EUR 39 from EUR 42
     * Nexans  NEXS.PA : Morgan Stanley raises target price to EUR 34 from EUR 31
     * Next  NXT.L : Goldman Sachs cuts to neutral from buy
     * NH Hotels  NHH.MC : Deutsche Bank cuts target price to EUR 3.65 from EUR 4.04
     * Nibe Industrier AB  NIBEb.ST : Kepler Cheuvreux cuts target price to SEK 104 from SEK 111
     * Novartis AG  NOVN.S : UBS cuts price target to CHF 88 from CHF 90
     * Novo Nordisk  NOVOb.CO : Barclays raises target price to DKK 485 from DKK 475
     * Novo Nordisk  NOVOb.CO : UBS cuts to neutral from buy
     * Ontex Group NV  ONTEX.BR : Barclays raises to overweight from equal weight
     * Ontex Group NV  ONTEX.BR : Barclays raises target price to EUR 18.70 from EUR 17.20
     * Orange SA  ORAN.PA : Independent Research cuts PT to EUR 12.00 from EUR 15.00; hold
     * Orange Belgium SA  OBEL.BR : Kepler Cheuvreux cuts target price to EUR 18.5 from EUR 19
     * Orascom Development Holding AG  ODHN.S : Kepler Cheuvreux cuts PT to CHF 8 from CHF 17.5
     * Orascom Development Holding AG  ODHN.S : Kepler Cheuvreux cuts to hold from buy
     * Pandox AB  PANDXb.ST : Morgan Stanley cuts to equal-weight from overweight
     * Pandox AB  PANDXb.ST : Morgan Stanley cuts target price to SEK 110 from SEK 170
     * Partners Group Holding AG  PGHN.S : Credit Suisse cuts Tp to CHF 925 from CHF 1000
     * Piaggio & C SpA  PIA.MI : Kepler Cheuvreux cuts to reduce from hold
     * Pihlajalinna Oyj  PIHLIS.HE : Evli cuts to hold from buy
     * Prosiebensat 1 Media SE  PSMGn.DE : Barclays raises target price to EUR 9 from EUR 8
     * PSP Swiss Property AG  PSPN.S : Morgan Stanley cuts target price to CHF 90 from CHF 110
     * Puma SE  PUMG.DE : Deutsche Bank cuts target price to EUR 57 from EUR 59
     * Puma SE  PUMG.DE : Credit Suisse raises target price to EUR 60 from EUR 56
     * Rathbone Brothers Plc  RAT.L : Jefferies raises target price to 1,470p from 1,430p
     * Reach Plc  RCH.L : Barclays cuts target price to 85p from 100p
     * Rheinmetall AG  RHMG.DE : Kepler Cheuvreux raises target price to EUR 80 from EUR 77
     * Richter  GDRB.BU : JP Morgan raises target price to HUF 8,200 from HUF 7,900
     * Richter  GDRB.BU : JP Morgan raises to overweight from neutral
     * Rolls Royce  RR.L : JP Morgan cuts target price to 155p from 175p
     * Royal Bank of Scotland  RBS.L : RBC cuts target price to 110p from 150p
     * Sagax AB  SAGAa.ST : Kepler Cheuvreux raises target price to SEK 121 from SEK 103
     * Sampo Plc  SAMPO.HE : Deutsche Bank cuts target price to EUR 40 from EUR 45
     * Sandvik AB  SAND.ST : HSBC cuts target price to SEK 175 from SEK 180
     * Securitas AB  SECUb.ST : Morgan Stanley cuts target price to SEK 110 from SEK 120
     * Segro  SGRO.L : Morgan Stanley raises target price to 980p from 950p
     * SES SA  SESFd.PA : Barclays raises target price to EUR 7.5 from EUR 7.4
     * SES SA  SESFd.PA : HSBC cuts target price to EUR 6.5 from EUR 7.1
     * Shaftesbury Plc  SHB.L : Morgan Stanley cuts target price to 610p from 770p
     * Siemens AG  SIEGn.DE : Barclays raises target price to EUR 102 from EUR 98
     * Siemens AG  SIEGn.DE : Deutsche Bank raises target price to EUR 110 from EUR 100
     * Siemens AG  SIEGn.DE : JP Morgan raises target price to EUR 104 from EUR 90
     * Siemens AG  SIEGn.DE : Independent Research cuts PT to EUR 97.00 from EUR 121.00; hold
     * Solgold Plc  SOLG.L : Liberum cuts price target to 63p from 69p
     * Sparebank 1 SMN  MING.OL : Kepler Cheuvreux cuts target price to NOK 77 from NOK 78
     * Spire Healthcare Group Plc  SPI.L : RBC cuts to sector perform from outperform
     * St. James's Place  SJP.L : Berenberg raises target price to 875p from 830p
     * St. James's Place  SJP.L : Morgan Stanley raises target price to 971p from 967p
     * St. James's Place  SJP.L : Berenberg raises target price to 875p from 830p
     * Swatch Group AG  UHR.S : Credit Suisse cuts target price to CHF 190 from CHF 250
     * Travis Perkins Plc  TPK.L : UBS raises price target to 1070p from 1040p
     * UBI Banca  UBI.MI : Kepler Cheuvreux raises target price to EUR 2.4 from EUR 2.3
     * Unibail-Rodamco-Westfield SE  URW.AS : Morgan Stanley cuts PT to EUR 35 from EUR 85
     * Unite Group Plc  UTG.L : Morgan Stanley cuts target price to 950p from 1,300p
     * Valeo  VLOF.PA : RBC raises target price to EUR 11 from EUR 6
     * Vat Group AG  VACN.S : Credit Suisse raises target price to CHF 120 from CHF 107
     * Vonovia SE  VNAn.DE : Morgan Stanley raises target price to EUR 59 from EUR 58
     * Wacker Chemie AG  WCHG.DE : UBS raises price target to EUR 70 from EUR 65
     * WDP  WDPP.BR : Morgan Stanley raises target price to EUR 28 from EUR 27
     * Weir Group  WEIR.L : HSBC cuts to hold from buy; cuts target price to 985p from 1045p
     * Wienerberger AG  WBSV.VI : Citigroup cuts price target to EUR 19 from EUR 22.4
     * Zalando SE  ZALG.DE : Barclays raises target price to EUR 57.5 from EUR 49
     * Zalando SE  ZALG.DE : Berenberg raises price target to EUR 25 from EUR 21
    

 (Compiled by Bengaluru Newsroom)
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