Europe Research Roundup: Adidas, Deutsche Post, Edreams
12/03/2020 07:26
March 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adidas, Deutsche Post and Edreams, on Thursday.
HIGHLIGHTS
* Adidas AG ADSGn.DE : Evercore ISI cuts price target to EUR 200 from EUR 260
* Anheuser Busch Inbev SA ABI.BR : RBC raises to outperform from sector perform
* Bygghemma Group First AB BHGF.ST : Kepler Cheuvreux raises to buy from hold
* Deutsche Post AG DPWGn.DE : JP Morgan raises to overweight from neutral
* Edreams EDRE.MC : Deutsche Bank cuts to hold from buy
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Accell Group NV ACCG.AS : Kepler Cheuvreux cuts target price to EUR 20 from EUR 28
* Adidas AG ADSGn.DE : Bryan Garnier cuts fair value to EUR 260 from EUR 290
* Adidas AG ADSGn.DE : Cowen and Company cuts target price to EUR 254 from EUR 306
* Adidas AG ADSGn.DE : Credit Suisse cuts target price to EUR 230 from EUR 300
* Adidas AG ADSGn.DE : Evercore ISI cuts price target to EUR 200 from EUR 260
* Adidas AG ADSGn.DE : Wedbush cuts target price to EUR 220 from EUR 260
* Adidas AG ADSGn.F : Credit Suisse cuts target price to EUR 230 from EUR 300
* Aj Bell AJBA.L : Berenberg cuts to sell from hold, cuts target price to 280p from 370p
* Alcon AG ALCC.S : Berenberg cuts target price to CHF 65 from CHF 69
* Ald SA ALDA.PA : HSBC cuts target price to EUR 16 from EUR 18
* Amplifon SpA AMPF.MI : Kepler Cheuvreux cuts target price to EUR 18.5 from EUR 23
* Anheuser Busch Inbev SA ABI.BR : RBC cuts price target to EUR 55 from EUR 72
* Anheuser Busch Inbev SA ABI.BR : RBC raises to outperform from sector perform
* Autoneum Holding AG AUTON.S : Kepler Cheuvreux cuts target price to CHF 72.5 from CHF 80
* Balfour Beatty Plc BALF.L : Jefferies raises price target to 265p from 260p
* Balfour Beatty Plc BALF.L : UBS raises price target to 350p from 340p
* Basic Fit NV BFIT.AS : Morgan Stanley raises to equal-weight from underweight
* Basic Fit NV BFIT.AS : Morgan Stanley raises target price to EUR 30 from EUR 28
* Belimo Holding AG BEAN.S : UBS raises price target to CHF 5200 from CHF 4800
* Bergenbio ASA BGBIO.OL : H.C. Wainwright cuts price target to NOK 58 from NOK 60
* BP BP.L : Citigroup cuts price target to 340p from 640p
* BP BP.L : Citigroup cuts to neutral from buy
* BP BP.L : HSBC cuts target price to 425p from 595p
* Burberry BRBY.L : Deutsche Bank cuts price target to 1950p from 1990p
* Bygghemma Group First AB BHGF.ST : Kepler Cheuvreux raises to buy from hold
* Campari CPRI.MI : Deutsche Bank cuts hold from buy
* Campari CPRI.MI : Deutsche Bank cuts target price to EUR 6.9 from EUR 9.9
* Clas Ohlson AB CLASb.ST : Kepler Cheuvreux cuts target price to SEK 100 from SEK 110
* Commerzbank AG CBKG.DE : HSBC cuts target price to EUR 5.6 from EUR 7
* Compagnie Financiere Richemont SA CFR.S : Deutsche Bank cuts PT to CHF 85 from CHF 88
* Compagnie Financiere Richemont SA CFR.S : Morgan Stanley cuts PT to CHF 65 from CHF 73
* Computacenter Plc CCC.L : Credit Suisse cuts price target to 1900p from 2100p
* Convatec Group Plc CTEC.L : Peel Hunt cuts price target to 220p from 250p
* Credit Suisse Group AG CSGN.S : UBS cuts price target to CHF 11.40 from CHF 15.70
* Cucinelli BCU.MI : Deutsche Bank cuts target price to EUR 27.5 from EUR 29
* Cucinelli BCU.MI : Kepler Cheuvreux cuts target price to EUR 27 from EUR 32
* Deutsche Post AG DPWGn.DE : JP Morgan cuts price target to EUR 28.44 from EUR 30.07
* Deutsche Post AG DPWGn.DE : JP Morgan raises to overweight from neutral
* Diasorin SpA DIAS.MI : Jefferies raises price target to EUR 101 from EUR 89
* Draegerwerk AG & Co KGaA DRWG_p.DE : Independent Research cuts PT to EUR 48 from EUR 50; sell
* Edreams EDRE.MC : Deutsche Bank cuts target price to EUR 4 from EUR 6.8
* Edreams EDRE.MC : Deutsche Bank cuts to hold from buy
* EFG International AG EFGN.S : UBS cuts price target to CHF 4.60 from CHF 6
* ENI ENI.MI : Citigroup cuts price target to EUR 7.8 from EUR 15
* Equinor ASA EQNR.OL : Citigroup cuts price target to NOK 103 from NOK 160
* Equinor ASA EQNR.OL : Citigroup raises to neutral from sell
* Euronext NV ENX.PA : HSBC raises target price to EUR 87 from EUR 85
* Euronext NV ENX.PA : HSBC raises to buy from hold
* Europcar Mobility Group EUCAR.PA : Morgan Stanley cuts target price to EUR 5 from EUR 6
* Evotec SE EVTG.DE : Deutsche Bank raises price target to EUR 28 from EUR 25
* Evs Broadcast Equipment SA EVSB.BR : KBC Securities cuts PT to EUR 20.0 from EUR 26.0
* Evs Broadcast Equipment SA EVSB.BR : KBC Securities cuts to hold from accumulate
* Forfarmers NV FFARM.AS : KBC Securities cuts target price to EUR 6.0 from EUR 6.75; hold
* Frey SA FREY.PA : Kepler Cheuvreux raises target price to EUR 34.5 from EUR 34.28
* Galp Energia SA GALP.LS : Citigroup cuts price target to EUR 11 from EUR 17
* Gem Diamonds Ltd GEMD.L : Citigroup cuts price target to 50p from 90p
* Gem Diamonds Ltd GEMD.L : Citigroup cuts to neutral from buy
* Go-Ahead Group Plc GOG.L : Peel Hunt cuts price target to 2,150p from 2,450p
* Groupe Guillin SA ALGIL.PA : Midcap Partners cuts PT to EUR 20.6 from EUR 22.0; buy
* Helios Towers Plc HTWS.L : Jefferies raises target price to 160p from 155p
* Hikma HIK.L : Jefferies raises price target to 2390p from 2300p
* Hunting Plc HTG.L : RBC cuts target price to 290p from 630p
* Ihg IHG.L : UBS cuts price target to 4150p from 4400p
* Ihg IHG.L : UBS raises to neutral from sell
* IMI Plc IMI.L : Deutsche Bank cuts target price to 1140p from 1230p
* Informa INF.L : Morgan Stanley cuts target price to 800p from 900p
* Integrafin Holdings Plc IHPI.L : Berenberg cuts target price to 470p from 490p
* Inventiva SA IVAA.PA : Jefferies raises price target to EUR 7 from EUR 6.50
* Italgas IG.MI : Citigroup raises to neutral from sell
* Italgas IG.MI : Kepler Cheuvreux cuts target price to EUR 6 from EUR 6.3
* ITV ITV.L : Kepler Cheuvreux cuts target price to 130p from 150p
* Jazeera Airways JAZK.KW : Arqaam Capital cuts target price to 640 fils
* JCDecaux JCDX.PA : UBS cuts price target to EUR 20.60 from EUR 25
* Julius Baer Gruppe AG BAER.S : UBS cuts price target to CHF 35 from CHF 50
* K+S SDFGn.DE : Deutsche Bank cuts target price to EUR 9 from EUR 10
* Kering PRTP.PA : Deutsche Bank cuts price target to EUR 530 from EUR 550
* Kingspan Group Plc KSP.I : JP Morgan raises price target to EUR 65 from EUR 51
* Knorr Bremse AG KBX.DE : Kepler Cheuvreux raises target price to EUR 93 from EUR 87.5
* Lanxess AG LXSG.DE : Credit Suisse cuts target price to EUR 52 from EUR 57
* Lanxess AG LXSG.DE : Deutsche Bank cuts price target to EUR 70 from EUR 73
* LVMH LVMH.PA : Deutsche Bank cuts price target to EUR 375 from EUR 390
* Maisons Du Monde SA MDM.PA : Bryan Garnier cuts fair value to EUR 14 from EUR 18
* Maisons Du Monde SA MDM.PA : Citigroup cuts price target to EUR 14 from EUR 22
* Maisons Du Monde SA MDM.PA : Kepler Cheuvreux cuts target price to EUR 9 from EUR 20
* Maisons Du Monde SA MDM.PA : Kepler Cheuvreux cuts to hold from buy
* Maisons Du Monde SA MDM.PA : Midcap Partners cuts PT to EUR 14.4 from EUR 26.6 ; buy
* Moncler MONC.MI : Deutsche Bank cuts price target to EUR 36.50 from EUR 37.50
* Moncler MONC.MI : Jefferies cuts price target to EUR 39 from EUR 44
* Natixis CNAT.PA : Credit Suisse cuts price target to EUR 3.50 from EUR 4.40
* Nucleus Financial Group Plc NUC.L : Berenberg cuts target price to 190p from 205p
* OMV AG OMVV.VI : Citigroup cuts price target to EUR 42.5 from EUR 57
* Panostaja PNA1V.HE : Inderes ups to reduce from sell; cuts PT to EUR 0.72 from EUR 0.80
* Provident Financial Plc PFG.L : RBC cuts price target to 420p from 445p
* Prudential PRU.L : Evercore ISI cuts price target to 1600p from 1725p
* Prudential PRU.L : Morgan Stanley raises target price to 1,700p from 1,680p
* Quilter Plc QLT.L : UBS cuts price target to 170p from 185p
* Rational AG RAAG.DE : Berenberg raises to buy from hold, cuts PT to EUR 655 from EUR 680
* Rational AG RAAG.DE : HSBC cuts target price to EUR 646 from EUR 672
* Relx REL.L : Credit Suisse cuts price target to 2148p from 2225p
* Repsol REP.MC : Citigroup cuts price target to EUR 12.3 from EUR 18
* Repsol REP.MC : HSBC cuts target price to EUR 9.9 from EUR 15.75
* Rotork Plc ROR.L : Deutsche Bank cuts target price to 280p from 315p
* Safilo Group SpA SFLG.MI : Kepler Cheuvreux cuts target price to EUR 1 from EUR 1.35
* Salvatore Ferragamo SpA SFER.MI : Deutsche Bank cuts PT to EUR 17.5 from EUR 19.5
* SAP SE SAPG.DE : Citigroup cuts price target to EUR 130 from EUR 140
* Sats SATSA.OL : DNB Markets cuts to hold from buy, reduces target share price to NOK 21 from NOK 30
* Sensirion Holding AG SENSI.S : JP Morgan cuts price target to CHF 40 from CHF 48
* Shell RDSa.L : Citigroup cuts price target to 1320p from 2040p
* Shell RDSa.L : HSBC cuts target price to 1580p from 2450p
* Shell RDSb.L : Citigroup cuts price target to 1320p from 2040p
* Spie SA SPIE.PA : Kepler Cheuvreux cuts target price to EUR 21 from EUR 22
* Standard Life Aberdeen SLA.L : Morgan Stanley cuts target price to 252p from 273p
* Swatch Group AG UHR.S : Deutsche Bank cuts price target to CHF 270 from CHF 278
* Swatch Group AG UHR.S : Morgan Stanley cuts target price to CHF 210 from CHF 260
* Systemair AB SYSR.ST : Kepler Cheuvreux cuts target price to SEK 150 from SEK 180
* Tod's SpA TOD.MI : Deutsche Bank cuts target price to EUR 37 from EUR 40
* Total SA TOTF.PA : Citigroup cuts price target to EUR 45 from EUR 53
* Total SA TOTF.PA : Citigroup raises to buy from neutral
* Total SA TOTF.PA : HSBC cuts target price to EUR 39 from EUR 56
* Trainline Plc TRNT.L : JP Morgan cuts target price to 438p from 535p
* Unipolsai Assicurazioni SpA US.MI : Kepler Cheuvreux raises to buy from hold
* Vontobel Holding AG VONN.S : UBS cuts price target to CHF 55 from CHF 70.30
* Wacker Neuson SE WACGn.DE : Kepler Cheuvreux cuts target price to EUR 9.5 from EUR 11
* Weir Group Plc WEIR.L : Deutsche Bank cuts target price to 1300p from 1500p
* WH Smith Plc SMWH.L : JP Morgan cuts target price to 2,210p from 2,750p
* WH Smith Plc SMWH.L : Peel Hunt cuts price target to 2500p from 3000p
(Compiled by Bengaluru Newsroom)
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