Europe Research Roundup: Bodycote, Schindler Holding, Smiths Group
19/03/2020 07:27
March 19 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bodycote, Schindler Holding and Smiths Group, on Thursday.
HIGHLIGHTS
* Bodycote Plc BOY.L : RBC raises to outperform from sector perform
* OC Oerlikon Corporation AG Pfaeffikon OERL.S : RBC ups to outperform from sector perform
* Schindler Holding AG SCHP.S : RBC cuts to underperform from sector perform
* Smiths Group SMIN.L : RBC raises to outperform from underperform
* Wartsila Oyj Abp WRT1V.HE : RBC raises to outperform from underperform
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* 4Imprint Group Plc FOUR.L : Peel Hunt cuts to hold from add
* Adecco Group AG ADEN.S : Credit Suisse cuts target price to CHF 30 from CHF 48
* ADP ADP.PA : JP Morgan cuts target price to EUR 107 from EUR 169
* Aena Sme SA AENA.MC : JP Morgan cuts target price to EUR 135 from EUR 162
* Airbus Group AIR.PA : Citigroup cuts price target to EUR 117 from EUR 141
* Aixtron SE AIXGn.DE : Berenberg cuts price target to EUR 8 from EUR 10
* Akka Technologies SE AKA.PA : Portzamparc cuts PT to EUR 32.4 from EUR 37.1; rating hold
* Aktia Bank ABP AKTIA.HE : Inderes cuts PT to EUR 7.5 from EUR 12.0; rating increase
* Almirall SA ALM.MC : Jefferies cuts target price to EUR 19 from EUR 20
* Anglo American AAL.L : Jefferies cuts target price to 1,750p from 2,600p
* Antofagasta ANTO.L : Jefferies cuts target price to 750p from 850p
* ArcelorMittal SA MT.AS : UBS cuts target price to EUR 14 from EUR 18
* Ascential Plc ASCL.L : HSBC cuts to hold from buy; cuts target price to 240p from 460p
* ASML Holding NV ASML.AS : Citigroup cuts price target to EUR 275 from EUR 310
* AstraZeneca AZN.L : Guggenheim cuts target price to 8,417p from 8,602p
* Atlantia ATL.MI : JP Morgan cuts target price to EUR 17 from EUR 25
* Balta Group NV BALTA.BR : KBC Securities cuts PT to EUR 2.50 from EUR 4.00; accumulate
* Banco Bpm BAMI.MI : HSBC cuts target price to EUR 1.8 from EUR 2.8
* Bat BATS.L : Credit Suisse raises target price to 4,250p from 4,070p
* Bauer AG B5AG.DE : Independent Research cuts PT to EUR 10.20 from EUR 16.20; rating hold
* BHP BHPB.L : Jefferies cuts target price to 1,200p from 1,650p
* Bodycote Plc BOY.L : RBC cuts target price to 775p from 1,000p
* Bodycote Plc BOY.L : RBC raises to outperform from sector perform
* BP BP.L : Barclays cuts target price to 380p from 650p
* BPER EMII.MI : HSBC cuts target price to EUR 4.1 from EUR 5
* Bpost SA BPOST.BR : Barclays cuts target price to EUR 9.3 from EUR 14
* BT BT.L : Jefefries cuts target price to 275p from 330p
* Calisen Plc CLSN.L : Credit Suisse initiates with outperform rating and 215p target price
* Cargotec Corp CGCBV.HE : Inderes cuts PT to EUR 19.00 from EUR 35.00 rating increase
* Ceconomy CECG.DE : Baader Helvea cuts to reduce from buy; cuts TP to EUR 2 from EUR 6.50
* Cello Health Plc CLL.L : Finncap cuts target price to 129p from 160p
* Centamin Plc CEY.L : RBC cuts target price to 125p from 135p
* Clasquin SA : Portzamparc cuts target price to EUR 22 from EUR 39; rating hold
* Clasquin SA ALCLA.PA : Midcap Partners cuts PT to EUR 27 from EUR 40; rating buy
* Coloplast COLOb.CO : Credit Suisse cuts target price to DKK 970 from DKK 975
* Compagnie Financiere Richemont SA CFR.S : Credit Suisse cuts TP to CHF 52 from CHF 69
* Compagnie Plastic Omnium SA PLOF.PA : UBS cuts target price to EUR 22 from EUR 28
* Continental AG CONG.DE : UBS cuts target price to EUR 62 from EUR 120
* Cts Eventim EVDG.DE : Berenberg cuts price target to EUR 47 from EUR 63
* Deutsche Post AG DPWGn.DE : UBS cuts target price to EUR 28.3 from EUR 37
* Deutsche Telekom AG DTEGn.DE : Jefefries cuts target price to EUR 10.60 from EUR 14
* Deutsche Telekom AG DTEGn.DE : Jefefries raises to hold from underperform
* DSV DSV.CO : Jyske Bank cuts target price to DKK 650 from DKK 810; rating hold
* E.ON SE EONGn.DE : HSBC cuts target price to EUR 12 from EUR 12.5
* Eiffage FOUG.PA : HSBC cuts target price to EUR 97 from EUR 114
* Eiffage FOUG.PA : JP Morgan cuts target price to EUR 85 from EUR 112
* Elis SA ELIS.PA : Deutsche Bank cuts to hold from buy; cuts PT to EUR 10 from EUR 13
* ENI ENI.MI : Barclays cuts target price to EUR 9.3 from EUR 16.5
* ENI ENI.MI : Independent Research cuts PT to EUR 7.00 from EUR 12.60; rating hold
* Equinor ASA EQNR.OL : Barclays cuts target price to NOK 145 from NOK 225
* Euskaltel SA EKTL.MC : Barclays raises target price to EUR 11 from EUR 10
* Faurecia EPED.PA : UBS cuts target price to EUR 35 from EUR 52
* Ferrovial FER.MC : JP Morgan cuts target price to EUR 27 from EUR 32
* Flutter Entertainment FLTRF.L : Citigroup cuts price target to 5600p from 7050p
* Flutter Entertainment FLTRF.L : Citigroup raises to neutral from sell
* Fraport FRAG.DE : JP Morgan cuts target price to EUR 48 from EUR 70
* Fresnillo Plc FRES.L : RBC cuts target price to 540p from 625p
* Galenica AG GALE.S : Credit Suisse raises target price to CHF 61 from CHF 56
* Galenica AG GALE.S : UBS raises target price to CHF 62 from CHF 59
* Galp Energia SA GALP.LS : Barclays cuts target price to EUR 12 from EUR 17.5
* GEA Group AG G1AG.DE : Citigroup cuts price target to EUR 15.2 from EUR 30.5
* GEA Group AG G1AG.DE : Deutsche Bank cuts target price to EUR 15 from EUR 20.5
* GEA Group AG G1AG.DE : Morgan Stanley cuts target price to EUR 21 from EUR 30
* Gestamp Automocion SA GEST.MC : UBS cuts target price to EUR 3.4 from EUR 5.8
* Givaudan SA GIVN.S : Morgan Stanley cuts target price to CHF 2,670 from CHF 2,730
* Givaudan SA GIVN.S : Redburn raises to buy from sell
* Glencore GLEN.L : Jefferies cuts target price to 175p from 270p
* GVC Holdings Plc GVC.L : Citigroup cuts price target to 660p from 1050p
* HAL Trust HLAN.AS : KBC Securities cuts target price to EUR 145.00 from EUR 155.00
* HAL Trust HLAN.AS : KBC Securities raises to buy from accumulate
* Hargreaves Lansdown HRGV.L : Credit Suisse cuts target price to 1210p from 1600p
* Harvia Oyj HARVIA.HE : Inderes cuts PT to EUR 9.0 from EUR 12.0; rating increase
* Hays Plc HAYS.L : Credit Suisse cuts target price to 105p from 130p
* Hochschild Mining Plc HOCM.L : RBC cuts target price to 240p from 270p
* ID Logistics Sas IDLA.PA : Portzamparc cuts PT to EUR 160 from EUR 190; rating buy
* Inditex ITX.MC : Bryan Garnier cuts fair value to EUR 30 from EUR 33
* Inditex ITX.MC : Citigroup cuts price target to EUR 26 from EUR 32
* Inditex ITX.MC : Independent Research cuts PT to EUR 23.00 from EUR 33.00; rating hold
* Infineon Technologies AG IFXGn.DE : Citigroup cuts price target to EUR 18 from EUR 24.5
* Intesa Sanpaolo SpA ISP.MI : HSBC cuts target price to EUR 2.3 from EUR 2.9
* IQE Plc IQE.L : Citigroup cuts price target to 32p from 55p
* Kainos Group Plc KNOS.L : Stifel cuts price target to 740p from 909p
* Kaz Minerals Plc KAZ.L : Jefferies cuts target price to 350p from 500p
* Lanxess AG LXSG.DE : Berenberg cuts target price to EUR 45 from EUR 63
* L'Oreal OREP.PA : Evercore ISI cuts target price to EUR 255 from EUR 315
* L'Oreal OREP.PA : Jefferies cuts target price to EUR 215 from EUR 230
* M1 Kliniken AG M12.DE : Berenberg cuts price target to EUR 14 from EUR 18
* Mediobanca MDBI.MI : HSBC raises to buy from hold; cuts PT to EUR 7 from EUR 10.5
* MTU Aero Engines AG MTXGn.DE : Citigroup cuts price target to EUR 159 from EUR 201
* Munich Re MUVGn.DE : Independent Research cuts PT to EUR 160.00 from EUR 260.00; hold
* Nanobiotix SA NANOB.PA : Jefferies cuts target price to EUR 13 from EUR 16
* National Grid Plc NG.L : HSBC raises to buy from hold; cuts PT to 1065p from 1075p
* Noho Partners Oyj NOHOP.HE :Inderes cuts to reduce from increase;PT to EUR 4.5 from EUR 7.5
* OC Oerlikon Corporation AG Pfaeffikon OERL.S : RBC cuts TP to CHF 8.60 from CHF 12
* OC Oerlikon Corporation AG Pfaeffikon OERL.S : RBC ups to outperform from sector perform
* Orange SA ORAN.PA : Jefefries cuts target price to EUR 14 from EUR 15.50
* Outokumpu Oyj OUT1V.HE : Inderes cuts to reduce from increase; PT to EUR 2.30 from EUR 4.5
* Oxford Instruments Plc OXIG.L : Stifel cuts price target to 1300p from 1600p
* Pagegroup Plc PAGE.L : Credit Suisse cuts target price to 300p from 360p
* Palfinger AG PALF.VI : Deutsche Bank cuts target price to EUR 22 from EUR 31.5
* Pennon Group Plc PNN.L : Deutsche Bank raises target price to 1200p from 1050p
* Playtech Plc PTEC.L : Peel Hunt cuts target price to 140p from 300p
* Proximus NV PROX.BR : Jefefries cuts target price to EUR 15.20 from EUR 20.70
* Puma SE PUMG.DE : Deutsche Bank cuts target price to EUR 59 from EUR 75
* Randstad NV RAND.AS : Credit Suisse cuts target price to EUR 28 from EUR 44
* Rapala VMC CORP : Inderes cuts to reduce from increase; PT to EUR 2.3 from EUR 3.1
* Rentokil RTO.L : Credit Suisse cuts target price to 360p from 450p
* Repsol REP.MC : Barclays cuts target price to EUR 10 from EUR 17
* Restaurant Group Plc RTN.L : JP Morgan cuts target price to 140p from 160p
* Revenio Group Oyj REG1V.HE : Inderes cuts PT to EUR 24.0 from EUR 31.0; rating buy
* Reworld Media SA ALREW.PA : Portzamparc cuts PT to EUR 3.0 from EUR 4.2; rating buy
* Rightmove RMV.L : Peel Hunt raises to add from reduce
* Rio Tinto RIO.L : Jefferies cuts price target to 4400p from 4700p
* Robert Walters Plc RWA.L : Credit Suisse cuts target price to 310p from 480p
* Rolls Royce RR.L : Citigroup cuts price target to 960p from 1,080p
* RWE AG RWEG.DE : HSBC raises to hold from reduce; cuts target price to EUR 25 from EUR 30
* Saab AB SAABb.ST : Jefferies cuts price target to SEK 250 from SEK 365
* Safran SAF.PA : Citigroup cuts price target to EUR 115 from EUR 143
* Safran SAF.PA : Citigroup raises to buy from neutral
* Schaeffler AG SHA_p.DE : UBS cuts target price to EUR 4.4 from EUR 6.3
* Schindler Holding AG SCHP.S : RBC cuts target price to CHF 205 from CHF 240
* Schindler Holding AG SCHP.S : RBC cuts to underperform from sector perform
* Shell RDSb.L : Barclays cuts target price to 1500p from 2800p
* Siemens AG SIEGn.DE : RBC cuts target price to EUR 110 from EUR 120
* Siemens AG SIEGn.DE : RBC raises to outperform from sector perform
* Siltronic AG WAFGn.DE : Citigroup cuts price target to EUR 62 from EUR 85
* Smiths Group SMIN.L : RBC cuts target price to 1,300p from 1,690p
* Smiths Group SMIN.L : RBC raises to outperform from underperform
* Solvay SOLB.BR : Berenberg cuts price target to EUR 70 from EUR 110
* Solvay SOLB.BR : Berenberg cuts to hold from buy
* Spire Healthcare Group Plc SPI.L : Peel Hunt raises to buy from add
* Stabilus SA STAB.DE : UBS cuts target price to EUR 55 from EUR 68
* SThree Plc STEMS.L : Credit Suisse cuts target price to 250p from 355p
* STMicroelectronics NV STM.PA : Citigroup cuts price target to EUR 21 from EUR 27.5
* STMicroelectronics NV STM.PA : Citigroup raises to buy from neutral
* Strix Group Plc KETL.L : Canaccord Genuity cuts target price to 180p from 230p
* Swisscom AG SCMN.S : Jefefries raises target price to CHF 460 from CHF 432
* Symrise AG SY1G.DE : Redburn raises to buy from neutral
* Tallink Group TALLINK.HE : Inderes cuts PT to EUR 0.60 from EUR 0.95; rating reduce
* Technogym SpA TGYM.MI : Citigroup cuts price target to EUR 7.5 from EUR 13
* Telecom Italia TLIT.MI : Jefefries cuts target price to EUR 0.47 from EUR 0.60
* Telekom Austria AG TELA.VI : Jefefries cuts target price to EUR 7 from EUR 8.50
* Telenor ASA TEL.OL : Jefefries cuts target price to NOK 151 from NOK 166
* Telia TELIA.ST : Inderes raises to increase from reduce;cuts PT to SEK 39.0 from SEK 42.0
* Telia TELIA.ST : Jefefries cuts target price to SEK 30.70 from SEK 40.90
* Theradiag SA ALTHE.PA : Portzamparc cuts target price to EUR 1.7 from EUR 2.0
* Theradiag SA ALTHE.PA : Portzamparc raises to buy from accumulate
* Total SA TOTF.PA : Barclays cuts target price to EUR 38 from EUR 59
* UBI Banca UBI.MI : HSBC cuts target price to EUR 3.9 from EUR 4.9
* Unicredit CRDI.MI : HSBC cuts target price to EUR 12.5 from EUR 16.5
* Verkkokauppa.Com OYJ VERK.HE : Inderes cuts PT to EUR 3.0 from EUR 3.4; rating reduce
* Vinci SGEF.PA : JP Morgan cuts target price to EUR 93 from EUR 117
* Vodafone VOD.L : Jefefries cuts target price to 150p from 176p
* Wartsila Oyj Abp WRT1V.HE : RBC cuts target price to EUR 8 from EUR 8.55
* Wartsila Oyj Abp WRT1V.HE : RBC raises to outperform from underperform
* WH Smith Plc SMWH.L : Citigroup cuts price target to 770p from 2570p
* William Hill Plc WMH.L : Citigroup cuts price target to 124p from 275p
* Yara International ASA YAR.OL : Morgan Stanley cuts target price to NOK 399 from NOK 430
* Yara International ASA YAR.OL : Morgan Stanley raises to overweight from equal-weight
* Yara International ASA YAR.OL : UBS raises price target to NOK 350 from NOK 335
* Yara International ASA YAR.OL : UBS raises to buy from sell
(Compiled by Bengaluru Newsroom)
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