Europe Research Roundup: BASF SE, SIG, Ted Baker

Bell Food AG

29/03/2018 08:07

March 29 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BASF SE, SIG Plc and Ted Baker Plc, on Thursday. 
    
 HIGHLIGHTS
    
     * BASF SE  BASFn.DE : HSBC raises to buy from hold
     * SIG Plc  SHI.L : Barclays raises to equal weight from underweight
     * Ted Baker Plc  TED.L : Jefferies cuts to hold from buy‍​
     * Whitbread Plc  WTB.L : Morgan Stanley cuts price target to 4200p from 4300p‍​
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     
     * Banca Sistema SpA  BSTA.MI : Jefferies cuts price target to 3.25 euros from 3.77 euros‍​
     * BASF SE  BASFn.DE : HSBC raises to buy from hold
     * Bell Food Group AG  BELL.S : Credit Suisse cuts target price to SFR 360 from SFR 405
     * BFF Banking Group  BFF.MI : Jefferies raises TP to 6.79 euros from 6.60 euros‍​
     * Bpost SA  BPOST.BR : Morgan Stanley cuts target price to EUR 24 from EUR 31
     * Burberry Group Plc  BRBY.L : Credit Suisse cuts target price to 1850p from 1900p
     * Cosmo Pharmaceuticals NV  COPN.S : Jefferies cuts price target to SFR 225 from SFR 235‍​
     * Danske Bank  DANSKE.CO : Barclays cuts target price to Dkk 263 from Dkk 273
     * Gama Aviation Plc  GMAA.L : Jefferies cuts price target to 310p from 330p‍​
     * Grafton Group Plc  GFTU_u.L : Barclays raises target price to 850p from 840p
     * Handelsbanken  SHBa.ST : Barclays cuts target price to SEK 97.50 from SEK 105
     * Howden Joinery Group Plc  HWDN.L : Barclays raises target price to 480p from 447p
     * Kingfisher Plc  KGF.L : Credit Suisse cuts price target to 385p from 410p‍​
     * Nordea  NDA.ST : Barclays cuts target price to SEK 100 from SEK 107
     * Polypipe Group Plc  PLP.L : Barclays cuts target price to 407p from 426p
     * PostNL NV  PTNL.AS : Morgan Stanley cuts target price to EUR 3.5 from EUR 4.25
     * SEB AB  SEBa.ST : Barclays cuts target price to SEK 104.25 from SEK 110
     * SES SA  SESFd.PA : Barclays cuts price target to 10.80 euros from 11.40 euros‍​
     * SIG Plc  SHI.L : Barclays raises to equal weight from underweight
     * SLM Solutions  AM3D.DE : Canaccord Genuity cuts target price to EUR 35 from EUR 46
     * Swedbank  SWEDa.ST : Barclays cuts target price to SEK 207 from SEK 220
     * Ted Baker Plc  TED.L : Jefferies cuts price target to 2700p from 3000p
     * Ted Baker Plc  TED.L : Jefferies cuts to hold from buy‍​
     * Telia  TELIA.ST : Barclays cuts price target to SEK 41 from SEK 42‍​
     * Whitbread Plc  WTB.L : Morgan Stanley cuts price target to 4200p from 4300p‍​
 
    
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))