Europe Research Roundup: Siemens, ASML, Ophir Energy
28/08/2015 07:55
Aug 28 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Siemens AG and Unilever Plc, on Friday.
HIGHLIGHTS
* Siemens AG SIEGn.DE : HSBC raises to buy from hold
* ASML ASML.AS : Berenberg raises to buy from hold
* Magnit MGNTq.L : HSBC raises to buy from hold
* Unilever Plc ULVR.L : Barclays cuts price target to 2900p from 3050p; rating overweight
* Ophir Energy Plc OPHR.L : Canaccord Genuity cuts to speculative buy from buy
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Aena SA AENA.MC : HSBC raises price target to 80 euros from 72 euros; rating reduce
* Albioma SA ABIO.PA : HSBC raises to buy from hold
* Alfa Laval AB ALFA.ST : HSBC cuts price target to Sek 145 from Sek 150; rating hold
* Andritz AG ANDR.VI : HSBC cuts price target to 46 euros from 58 euros; rating hold
* Anheuser-Busch ABI.BR : Barclays cuts target to 98 euros from 105 euros; equal weight
* ASML Holding NV ASML.AS : Berenberg raises to buy from hold
* Assa Abloy AB ASSAb.ST : HSBC raises price target to Sek 190 from Sek 185; rating buy
* Associated British Foods Plc ABF.L : Jefferies raises target to 3010p from 2850p; hold
* Atlas Copco AB ATCOa.ST : HSBC cuts price target to Sek 280 from Sek 290; rating buy
* Banque Cantonale Vaudoise BCVN.S : Credit Suisse cuts to underperform from neutral
* Banque Cantonale Vaudoise BCVN.S : Credit Suisse raises target to Sfr 525 from Sfr 495
* Beiersdorf AG BEIG.DE : Barclays cuts price target to 70 euros from 71 euros; underweight
* Berner Kantonal Bank BEKN.S : Credit Suisse raises price target to Sfr 175 from Sfr 165
* Berner Kantonal Bank BEKN.S : Credit Suisse raises to neutral from underperform
* British American Tobacco BATS.L : Barclays cuts target to 3950p from 4000p; overweight
* Britvic Plc BVIC.L : Barclays cuts target price to 780p from 790p; rating overweight
* C&C Group Plc GCC.I : Barclays cuts target price to 3.95 euros from 4 euros; overweight
* Carlsberg A/S CARLb.CO : Barclays cuts target price to Dkk 510 from Dkk 540; equal weight
* Coca Cola HBC AG CCH.L : Barclays cuts target price to 1265p from 1295p; equal weight
* Danone SA DANO.PA : Barclays cuts price target to 63 euros from 65 euros; overweight
* Davide Campari Milano CPRI.MI : Barclays cuts target price to 5.95 euros from 6.10 euros
* Diageo Plc DGE.L : Barclays cuts target price to 1950p from 2000p; rating overweight
* Eiffage SA FOUG.PA : Barclays raises target price to 59 euros from 50 euros; underweight
* Eutelsat Communications ETL.PA : Berenberg cuts target to 25.90 euros from 28.90 euros;
* Evraz Plc EVRE.L : Jefferies cuts target price to 90p from 120p; rating hold
* Gemalto NV GTO.AS : SocGen cuts price target to 80 euros from 85 euros; rating buy
* Heineken NV HEIN.AS : Barclays cuts target price to 65 euros from 67 euros; equal weight
* Henkel HNKG_p.DE : Barclays cuts target to 100 euros from 102 euros
* IMI Plc IMI.L : HSBC cuts price target to 1150p from 1250p; rating hold
* ISS A/S ISS.CO : Barclays raises target price to Dkk 250 from Dkk 245; rating overweight
* Johnson Matthey Plc JMAT.L : Jefferies cuts target price to 3615p from 4320p; rating buy
* Just Eat Plc JE.L : Panmure starts with buy rating; target price 641p
* K&S AG SDFGn.DE : Berenberg cuts target price to 36.50 euros from 39 euros; rating hold
* Kerry Group KYGa.I : Barclays cuts price target to 65 euros from 68 euros; equal weight
* Kone Oyj KNEBV.HE : HSBC cuts price target to 30 euros from 33 euros; rating reduce
* Legrand SA LEGD.PA : HSBC raises price target to 60 euros from 57 euros; rating buy
* L'Oreal SA OREP.PA : Barclays cuts price target to 170 euros from 175 euros; overweight
* Magnit MGNTq.L : HSBC raises to buy from hold
* Metso MEO1V.HE : HSBC cuts price target to 20 euros from 22.62 euros; rating reduce
* Nestle SA NESN.VX : Barclays cuts price target to Sfr 72 from Sfr 74; rating equal weight
* Nexans SA NEXS.PA : HSBC start with buy rating; 41 euros price target
* Novo Nordisk A/S NOVOb.CO : Barclays cuts target to Dkk 427 from Dkk 436; overweight
* Novo Nordisk A/S NOVOb.CO : Leerink starts with market perform rating; target of Dkk 374
* Ophir Energy Plc OPHR.L : Canaccord Genuity cuts target price to 150p from 160p
* Ophir Energy Plc OPHR.L : Canaccord Genuity cuts to speculative buy from buy
* Pernod Ricard PERP.PA : Barclays cuts target price to 108 euros from 119 euros;overweight
* Philips NV PHG.AS : HSBC cuts price target to 20 euros from 21 euros; rating reduce
* Prysmian Spa PRY.MI : HSBC starts with hold rating; 20 euros price target
* Remy Cointreau SA RCOP.PA : Barclays cuts target to 71 euros from 74 euros; overweight
* RTL Group SA RRTL.DE : Barclays cuts target price to 92 euros from 95 euros; overweight
* Sabmiller Plc SAB.L : Barclays cuts price target to 3230p from 3440p; rating equal weight
* Sandvik AB SAND.ST : HSBC cuts price target to Sek 105 from Sek 120; rating buy
* Schindler Holding AG SCHN.S : HSBC cuts price target to 135 euros from 145 euros; reduce
* Siemens AG SIEGn.DE : HSBC cuts price target to 102 euros from 108 euros
* Siemens AG SIEGn.DE : HSBC raises to buy from hold
* SKF SKFb.ST : HSBC raises to hold from reduce
* Smiths Group Plc SMIN.L : HSBC cuts target price to 1000p from 1050p; rating reduce
* Spectris Plc SXS.L : HSBC cuts target price to 2300p from 2400p; rating buy
* Spire Healthcare Group Plc SPI.L : Berenberg cuts target price to 390p from 420p; buy
* St Galler Kantonal Bank SGKN.S : Credit Suisse raises target to Sfr 340 from Sfr 315
* Stratec Biomedical SBSG.DE : Berenberg raises price target to 49 euros from 48 euros
* Swedish Match AB SWMA.ST : Barclays raises target to Sek 245 from Sek 240; underweight
* Tessenderlo TESB.BR : ING raises target price to 32 euros from 30 euros; rating hold
* Unilever NV UNc.AS : Barclays cuts price target to 40 euros from 42 euros; overweight
* Unilever Plc ULVR.L : Barclays cuts price target to 2900p from 3050p; rating overweight
* Valiant Holding VATN.S : Credit Suisse raises target to Sfr 120 from Sfr 115; outperform
* Volvo AB VOLVb.ST : HSBC cuts target price to Sek 120 from Sek 130; rating buy
* Wartsila WRT1V.HE : HSBC cuts target price to 45 euros from 50 euros; rating buy
* Weir Group WEIR.L : HSBC cuts target price to 1500p from 1700p; rating hold
* WM Morrison MRW.L : Jefferies cuts target price to 210p from 230p
(Compiled by Abdul Nishad in Bengaluru)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/