Europe Research Roundup: Assa Abloy, Tullow Oil, Unibail: Rodamco
05/12/2012 16:29
Dec 5 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Assa Abloy, Tullow Oil, Unibail-Rodamco and British Sky
Broadcasting, on Wednesday.
HIGHLIGHTS
* Assa Abloy AB : JP Morgan cuts to neutral from overweight
* British Sky Broadcasting : Nomura raises price target to 975p from 950p; rating buy
* Tullow Oil : Barclays, Credit Suisse, others cut price target on stock
* Unibail-Rodamco SE : Morgan Stanley cuts to underweight from equal-weight
* European automobiles: Exane BNP Paribas cuts target on Fiat , Peugeot
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Akzo Nobel : HSBC cuts to underweight from neutral; target to 45 euros from 50
* Anglo American : Morgan Stanley cuts target to 1,820p from 2,110p
* Antena 3 : Nomura raises price target to 2.85 euros from 2.65 euros
* Archer Ltd : Nordea Markets cuts target price to Nok 6 from Nok 9; rating hold
* Assa Abloy AB : JP Morgan cuts to neutral from overweight
* BG Group : Citigroup adds to focus list Europe
* Blackrock Commodities Income : Oriel Securities cuts to negative from neutral
* Brewin Dolphin Holdings : Canaccord Genuity raises target price to 220p
* Brewin Dolphin Holdings : Peel Hunt ups target price to 230p from 185p; rating buy
* British Land : Jefferies cuts target price to 551p from 561p; rating hold
* British Sky Broadcasting : Nomura raises price target to 975p from 950p; rating buy
* BNP Paribas SA : Citigroup adds to focus list Europe
* Cairn Energy Plc : Finncap raises to buy
* Capital Shopping Centres : Jefferies cuts target to 335p from 347p; rating hold
* Caretech Holdings : N+1 Singer raises target price to 252p from 196p; rating buy
* Carnival : S&P Capital IQ raises target price to 2900p from 2800p; rating buy
* Character Group :Merchant Securities cuts to sell from hold;target to 82p from 119p
* Clean Air Power : Jefferies cuts target price to 241p from 246p; rating hold
* Compass Group : Citigroup adds to focus list Europe
* Consort Medical : Numis raises target price by 5 percent to 1000p; rating buy
* Consort Medical : Investec cuts to hold fom buy; raises target to 854p from 695p
* Corio NV : SocGen cuts price target by 1 euro to 43 euros; rating buy
* Derwent London : Jefferies cuts target price to 1961p from 2005p; rating hold
* EADS : Deutsche Bank raises price target to 37 euros from 34 euros; rating buy
* Elekta : Nordea Markets raises target price to Sek 115 from Sek 105; rating buy
* EnQuest Plc : Enquest ENQ.ST: Nordea Markets raises to strong buy from buy
* Experian : Nomura raises price target to 1215p from 1035p; rating buy
* Fiat :Exane BNP Paribas cuts target to 3 euros from 3.8 euros; rating underperform
* Grainger : Jefferies cuts target price to 127p from 131p; rating buy
* GDF Suez : Barclays cuts price target to 18 euros from 19 euros
* Gem Diamonds Ltd : BMO cuts to market perform from outperform
* Great Portland Estates : Jefferies cuts target to 454p from 464p; rating hold
* Greene King : HSBC raises target price to 620p from 525p; rating neutral
* Greencore : Numis raises target price to 110p from 90p; rating add
* Halfords Group : BofA Merrill cuts to neutral from buy
* Hammerson : Jefferies cuts target price to 499p from 508p; rating hold
* Hansteen Holdings : Jefferies cuts target price to 79p from 81p; rating hold
* Hargreaves Lansdown PLC : WH Ireland cuts to hold from buy
* Hargreaves Services :Westhouse Securities cuts target to 829p from 927p;rating add
* Heineken : Natixis raises to buy from reduce
* Home Retail :BofA Merrill ups to buy from neutral;price target to 130p from 110p
* HSBC Holdings : Investec raises price target to 650p from 630p; rating buy
* Informa PLC : Barclays raises price target to 490p from 480p; rating overweight
* Informa PLC : Nomura raises price target to 545p from 530p; rating buy
* Innovation Group : N+1 Singer raises target price to 28.5p from 24p; rating buy
* Investor : Nordea Markets ups target price to Sek 177 from Sek 165; rating buy
* JCDecaux : Nomura ups price target to 20 euros from 19.80 euros; rating neutral
* Lagardere : Nomura raises to neutral from reduce
* Lagardere : Nomura raises price target to 24.50 euros from 22 euros
* Land Securities Group : Jefferies cuts target price to 831p from 847p; rating hold
* London & Stamford : Jefferies cuts target price to 106p from 109p; rating hold
* Lundin Petroleum : SocGen raises target to Sek 170 from Sek 165; rating hold
* Man SE : Berenberg bank raises target price to 77 euros from 60 euros;rating hold
* Marston's Plc : HSBC raises target price to 140p from 125p; rating overweight
* Metric Property Investments : Jefferies cuts target to 98p from 100p; rating hold
* MITIE Group : RBC raises to sector perform from underperform
* Ophir Energy Plc : SocGen raises to buy from hold; price target to 600p from 580p
* Pearson : Nomura raises price target to 1270p from 1250p; rating reduce
* Peugeot : Exane BNP Paribas cuts target by 33 percent to 4 euros; rating neutral
* Piaggio & C SpA : Citigroup raises to buy from neutral
* Premier Oil : SocGen cuts target price to 460p from 500p; rating buy
* Prosiebensat 1 Media : Nomura ups price target to 25 euros from 24; rating buy
* Publicis Groupe : Nomura ups price target to 50 euros from 45; rating neutral
* Publishing Technology :Westhouse Securities ups target to 150p from 120p;rating buy
* Reed Elsevier : Nomura ups price target to 13.50 euros from 11.80; rating buy
* Richemont : Vontobel cuts to hold from buy
* Roche Holding : JP Morgan raises target to Sfr 210 from Sfr 200; rating overweight
* Rolls-Royce Holdings : Bernstein ups target to 880p from 796p; rating market-perform
* The Sage Group : Canaccord Genuity cuts to hold from buy
* Sage Group : S&P Capital IQ cuts target price to 320p from 330p; rating hold
* Saipem SpA : Citigroup removes from focus list Europe
* Segro : Jefferies cuts target price to 243p from 250p; rating hold
* Serco Group Plc : WestHouse Securities raises to add from neutral
* Shaftesbury : Jefferies cuts target price to 514p from 522p; rating hold
* Sky Deutschland : Nomura raises to buy from neutral
* Sky Deutschland : Nomura raises price target to 5.20 euros from 4 euros
* Standard Chartered : Citigroup re