Europe Research Roundup: Evraz, Rentokil Initial, Valeo

Belysse NV

02/03/2018 07:42

March 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Evraz, Rentokil Initial and Valeo, on Friday. 
    
    HIGHLIGHTS
     * Evraz  EVRE.L : Jefferies raises to hold from underperform
     * Rentokil Initial Plc  RTO.L : Jefferies raises to buy from hold    
     * Valeo  VLOF.PA : Morgan Stanley raises to equal-weight from underweight    
 
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

     * ABN Amro Group NV  ABNd.AS : RBC cuts target price to EUR 31 from EUR 33
     * Anheuser Busch Inbev  ABI.BR : Jefferies raises target price to EUR 100 from EUR 98
     * Ashtead Group Plc  AHT.L : Morgan Stanley raises target price to 1940p from 1375p
     * Atresmedia  A3M.MC : Barclays cuts target price to EUR 8.75 from EUR 9.10
     * Baloise Holding Ltd  BALN.S : JP Morgan cuts target price to SFR 144 from SFR 165
     * Balta Group NV  BALTA.BR : Barclays cuts target price to EUR 9 from EUR 11
     * Beiersdorf AG  BEIG.DE : Barclays cuts target price to EUR 83.30 from EUR 88
     * Cobham Plc  COB.L : Barclays raises target price to 133p from 130p
     * Evraz  EVRE.L : Jefferies raises price target to 425p from 275p
     * Evraz  EVRE.L : Jefferies raises to hold from underperform
     * Faroe Petroleum Plc  FPM.L : RBC raises target price to 140p from 130p
     * Hunting Plc  HTG.L : Barclays raises target price to 700p from 650p
     * ING Groep NV  INGA.AS : RBC cuts target price to EUR 16.5 from EUR 17.5
     * International Petroleum Corp  IPCOR.ST : Barclays cuts target to SEK 39 from SEK 40
     * J D Wetherspoon Plc  JDW.L : Barclays raises target price to 1400p from 1250p
     * Jupiter Fund Management Plc  JUP.L : Liberum cuts target price to 634p from 664p
     * Kion Group AG  KGX.DE : Morgan Stanley raises target price to EUR 80 from EUR 75
     * Merlin Entertainments Plc  MERL.L : Morgan Stanley cuts target price to 460p from 470p
     * NN Group NV  NN.AS : JP Morgan raises target price to EUR 43.7 from EUR 42.1 
     * Petkim  PETKM.IS : Oyak Securities raises target price to TL 9.52 from TL 7.70
     * Peugeot  PEUP.PA : Jefferies raises target price to EUR 24 from EUR 22; rating buy
     * Rentokil Initial Plc  RTO.L : Barclays raises target price to 325p from 311p
     * Rentokil Initial Plc  RTO.L : Jefferies raises target price to 340p from 335p
     * Rentokil Initial Plc  RTO.L : Jefferies raises to buy from hold
     * Sabadell  SABE.MC : RBC cuts target price to EUR 1.80 from EUR 1.90
     * Subsea 7 SA  SUBC.OL : Barclays cuts target price to NOK 140 from NOK 145
     * Synthomer Plc  SYNTS.L : Barclays raises target price to 580p from 560p
     * Valeo  VLOF.PA : Morgan Stanley cuts target price to EUR 53 from EUR 58
     * Valeo  VLOF.PA : Morgan Stanley raises to equal-weight from underweight
     * Vesuvius Plc  VSVS.L : Barclays raises target price to 580p from 535p
     * Worldpay Inc  WPYa.L : Barclays raises target price to 6700p from 6500p
     * WPP Plc  WPP.L : Barclays cuts target price to 1375p from 1450p
     * WPP Plc  WPP.L : Morgan Stanley cuts target price to 1475p from 1600p
     * Zalando SE  ZALG.DE : Barclays raises target price to EUR 51 from EUR 48.15
    

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