Europe Research Roundup: E.On, RWE, Coca-Cola Icecek
21/11/2014 08:18
Nov 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including O'Key and Anadolu Efes, on Friday.
HIGHLIGHTS
* E.On SE EONGn.DE : UBS raises to neutral from sell
* RWE AG RWEG.DE : UBS raises to neutral from sell; target to 26 euros from 22.50 euros
* X5 PJPq.L : Renaissance Capital raises to buy from hold ID:nWNAB05C8P
* Coca-Cola Icecek CCOLA.IS : Renaissance Capital raises to buy ID:nWNAB05C8R
* Uralkali URKAq.L : UBS cuts to neutral from buy; target price to $15 from $23
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Anadolu Efes AEFES.IS : Renaissance Capital raises target to Tl 26.70 from Tl 24; hold
* BIM BIMAS.IS : Renaissance Capital raises target to Tl 54.70 from Tl 47; rating hold
* Bizim Toptan BIZIM.IS : Renaissance Capital cuts target price to Tl 25.40 from Tl 25.60
* Bizim Toptan BIZIM.IS : Renaissance Capital raises to buy from hold
* Cembra Money Bank Ag CMBN.S : UBS starts with buy rating; target price of Sfr 63
* Close Brothers CBRO.L : Barclays cuts price target to 1500p from 1520p; rating overweight
* Coca-Cola Icecek CCOLA.IS : Renaissance Capital cuts target price to Tl 55.10 from Tl 58
* Coca-Cola Icecek CCOLA.IS : Renaissance Capital raises to buy from hold
* Dixy DIXY.MM : Renaissance Capital cuts target to 561 roubles from 564 roubles; buy
* E.On SE EONGn.DE : UBS raises to neutral from sell
* E.On SE EONGn.DE : UBS raises target price to 13.50 euros from 12 euros
* Elementis Plc ELM.L : JP Morgan raises target price to 340p from 330p; rating overweight
* Euromoney Institutional ERM.L : UBS cuts target price to 1400p from 1475p; rating buy
* Heidelbergcement HEIG.DE : Berenberg raises price target to 69 euros from 65 euros; buy
* Hill & Smith Holdings Plc HILS.L : Panmure starts with buy rating; target price of 673p
* Hochschild Mining HOCM.L : Morgan Stanley starts with equal-weight; target price of 125p
* Investec Plc INVP.L : Barclays raises price target to 654.8p from 625.3p; overweight
* Investec Plc INVP.L : UBS raises target price to 590p from 580p; rating neutral
* Lenta LNTAq.L : Renaissance Capital starts with hold rating; $10.10 target price
* Magnit MGNTq.L : Renaissance Capital raises target price to $73 from $71; rating buy
* Migros MGROS.IS : Renaissance Capital raises target to Tl 26 from Tl 22.15; rating buy
* Motor Oil Hellas MORr.AT : UBS raises target price to 9 euros from 8.75 euros; rating buy
* O'Key OKEYq.L : Renaissance Capital cuts target price to $5.30 from $8.70; rating hold
* Paragon Group Of Companies PARA.L : UBS raises target price to 410p from 374p
* Paragon Group Of Companies PARA.L : UBS raises to buy from neutral
* RWE AG RWEG.DE : UBS raises to neutral from sell; target to 26 euros from 22.50 euros
* SAP SAPG.DE : Jefferies starts with hold rating; target price of 57 euros
* Sberbank SBER.MM : Barclays cuts target to 89.60 roubles from 92 roubles; overweight
* Telefonica Deutschland O2Dn.DE : Jefferies cuts target to 4 euros from 5.80 euros; hold
* Uralkali URKAq.L : UBS cuts to neutral from buy; target price to $15 from $23
* VTB Bank VTBRq.L : Barclays cuts price target to $1.79 from $1.90; rating underweight
* Workspace WKP.L : JP Morgan raises target price to 800p from 670p; rating overweight
* X5 PJPq.L : Renaissance Capital raises to buy from hold; target price to $30.2 from $25
(Compiled by Eileen Anupa Soreng and Shivam Srivastava in Bangalore)
((eileen.soreng@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. + 91 80 6749
6131; Reuters messaging: eileen.soreng.thomsonreuters.com@reuters.net))
Keywords: RESEARCH EUROPE/