Europe Research Roundup: Volkswagen, Siemens, Atlas Copco, Merck

Bastei Luebbe AG

23/09/2014 16:30

Sept 23 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including BMW, Atlas Copco and Go-Ahead, on Tuesday.  
     
     
    HIGHLIGHTS 
    * Volkswagen  VOWG_p.DE : UBS raises to buy from neutral  ID:nWNAB04RT0  
    * Merck  MRCG.DE : ESN/Equinet Bank cuts to hold from accumulate 
    * Atlas Copco  ATCOa.ST : Barclays raises to overweight from equal weight 
    * Siemens  SIEGn.DE : Barclays cuts to equal weight from overweight 
    * Tecan  TECN.S : HSBC raises to overweight from neutral  
    * Go-Ahead  GOG.L : Deutsche Bank raises to buy from hold rating 
         
       
Following is a summary of research actions on European companies reported by Reuters on Tuesday. 
Stock entries are in alphabetical order.  
       
     
    * A.G.Barr Plc  BAG.L : Investec raises price target to 673p from 661p; rating add  
    * Aegon NV  AEGN.AS : Goldman Sachs raises to buy from neutral  
    * Aegon NV  AEGN.AS : Goldman Sachs raises price target to 8 euros from 6.50 euros 
    * Ageas SA  AGES.BR : Goldman Sachs raises to buy from neutral 
    * Ageas SA  AGES.BR : Goldman Sachs cuts price target to 30 euros from 32 euros 
    * Allianz SE  ALVG.DE : Goldman Sachs raises target to 155 euros from 142 euros; rating buy  
    * Anima  ANIM.MI : Citigroup starts with buy rating; target price of 5.40 euros 
    * Ashmore Group  ASHM.L : RBC cuts target price to 310p from 320p 
    * Assicurazioni Generali SpA  GASI.MI : Goldman Sachs cuts target to 17.8 euros; neutral 
    * Atlas Copco  ATCOa.ST : Barclays raises to overweight from equal weight 
    * Atlas Copco  ATCOa.ST : Barclays raises target price to Sek 250 from Sek 200 
    * Aveva Plc  AVV.L : JP Morgan cuts target price to 1825p from 2450p; rating overweight 
    * Aviva Plc  AV.L : Goldman Sachs raises price target to 515p from 490p; rating neutral  
    * Axa SA  AXAF.PA : Goldman Sachs raises target to 23.4 euros from 22.6 euros; rating buy  
    * Bastei Luebbe AG   BST1.DE : DZ Bank AG raises target to 11.20 euros from 11.00 euros; buy 
    * BMW  BMWG.DE : UBS cuts to neutral from buy; target price to 93 euros from 105 euros  
    * Boliden  BOL.ST : Credit Suisse raises target price to Sek 140 from Sek 122 
    * Bpost  BPOST.BR : ESN/ Bank Degroof cuts to hold from accumulate 
    * Clipper Logistics  CLG.L : Numis starts with add rating; target price of 170p 
    * Continental AG  CONG.DE : UBS cuts target to 165 euros from 170 euros; rating neutral  
    * CropEnergies  CE2G.DE : DZ Bank cuts to hold from buy 
    * CropEnergies  CE2G.DE : DZ Bank cuts target price to 4.90 euros from 5.90 euros 
    * Daimler AG  DAIGn.DE : UBS cuts target price to 67 euros from 75 euros; rating neutral   
    * Dairy Crest  DCG.L : JP Morgan cuts target price to 480p from 530p; rating overweight 
    * Davide Campari Milano  CPRI.MI : Citigroup cuts to neutral from buy  
    * Davide Campari Milano  CPRI.MI : Citigroup cuts target price to 6.20 euros from 6.75 euros 
    * DBV Technologies SA  DBV.PA : Natixis raises target to 32 euros from 30 euros; rating buy 
    * Debenhams Plc  DEB.L : JP Morgan cuts target price to 64p from 70p; rating underweight 
    * Deutsche Euroshop  DEQGn.DE : Kepler Cheuvreux raises target price to 40 euros; rating buy 
    * Direct Line  DLGD.L : Goldman Sachs raises price target to 288p from 250p; rating neutral 
    * DMGT  DMGOa.L : UBS raises to buy from neutral rating; cuts target price to 900p from 920p 
    * Easyjet  EZJ.L : Cantor raises to buy from hold; target price to 1,600p from 1,500p  
    * Faurecia SA  EPED.PA : UBS cuts target price to 31 euros from 36 euros; rating buy  
    * Ferrexpo  FXPO.L : Credit Suisse cuts target price to 140p from 160P 
    * Gemalto NV  GTO.AS : UBS raises target price to 65 euros from 36 euros; rating sell 
    * Gemfields  GEM.L : JP Morgan raises target price to 55P from 47p; rating neutral 
    * Gjensidige  GJFS.OL : Exane BNP Paribas cuts to neutral from outperform  
    * Gjensidige  GJFS.OL : Exane BNP Paribas cuts raises target price to Nok 140 from Nok 135 
    * Go-Ahead  GOG.L : Deutsche Bank raises to buy from hold rating  
    * Go-Ahead  GOG.L : Deutsche Bank raises target price to 2790P from 2270P 
    * Golden Ocean Group Ltd   GOGL.OL : Nordea Equity cuts to hold from strong buy rating   
    * Golden Ocean Group Ltd   GOGL.OL : Nordea Equity cuts target to Nok 8.80 from Nok 14.70  
    * GVC Holdings   GVC.L : Panmure raises target price to 533p from 480p; rating buy   
    * Havas SA  EURC.PA : Liberum raises price target to 7 euros from 6 euros; rating hold  
    * Heidelberger Druck  HDDG.DE : Deutsche Bank cuts target to 3.10 euros from 3.30 euros; buy 
    * Helvetia  HELN.S : Goldman Sachs cuts to neutral; raises target to Sfr 520 from Sfr 480  
    * Ingenico  INGC.PA : UBS starts with neutral; price target 81 euros  
    * Ingenico  INGC.PA : Exane BNP Paribas ups to outperform; target to 100 euros from 70 euros 
    * Legal & General Group Plc  LGEN.L : Goldman Sachs raises target to 235P from 220p; neutral 
    * London Mining  LOND.L : Credit Suisse cuts target price to 80P from 100P  
    * Kuoni Reisen  KUNN.S : Goldman Sachs raises target to Sfr 400 from Sfr 355; rating buy  
    * MartinCo  MCOM.L : Panmure cuts target price to 155p from 167p ; rating buy 
    * Merck Kgaa  MRCG.DE : Credit Suisse raises target to 82 euros from 71.50 euros; neutral 
    * Merck  MRCG.DE : ESN/Equinet Bank cuts to hold from accumulate 
    * Merck  MRCG.DE : Deutsche Bank raises target price to 85 euros from 79 euros; rating buy 
    * Michelin SCA  MICP.PA : UBS cuts target price to 90 euros from 95 euros; rating buy  
    * Monitise  MONI.L : UBS starts with a buy rating  
    * Netcall Plc  NETC.L : Finncap raises target price to 75p from 70p  
    * Old Mutual Plc  OML.L : Goldman Sachs raises price target to 222p from 215p; rating buy  
    * Outotec  OTE1V.HE : ESN/Pohjola cuts target to 8 euros from 9 euros; rating accumulate 
    * Patrizia  P1ZGn.DE : ESN/Equinet Bank cuts to hold from accumulate 
    * Petroleum Geo Services ASA  PGS.OL : Natixis cuts target to Nok 38 from Nok 64; neutral 
    * Playtech  PTEC.L : Nomura raises target price to 830p from 753p; rating buy 
    * Prudential Plc  PRU.L : Goldman Sachs raises price target to 1630p from 1580p; rating buy 
    * Prysmian SpA  PRY.MI : Citigroup cuts to neutral; target to 16.50 euros from 18.50 euros 
    * PZ Cussons  PZC.L : Panmure cuts to hold from buy rating 
    * Regenersis  RGS.L : Panmure cuts target price to 403p from 502p; rating buy 
    * Renault SA  RENA.PA : UBS cuts target price to 80 euros from 85 euros; rating buy  
    * Rezidor  REZT.ST : SEB Equity Research raises to buy from hold 
    * Sacoil Holdings  SACS.L : Firstenergy Capital raises to outperform from speculative buy  
    * Salamander Energy  SMDR.L : Peel Hunt ups to buy from hold; cuts target to 153p from 157p 
    * Siemens  SIEGn.DE : Barclays cuts to equal weight from overweight 
    * Siemens  SIEGn.DE : Barclays cuts target price to 100 euros from 110 euros 
    * Smiths Group  SMIN.L : UBS cuts target price to 1,165p from 1,170p; rating sell 
    * Smiths Group  SMIN.L : Deutsche Bank cuts target price to 1300p from 1350p; rating hold 
    * Societe Generale  SOGN.PA :Credit Suisse raises target price to 55 euros from 48.50 euros 
    * Sphere Medical  SPHR.L : Finncap starts with 45p target price  
    * Stan