Europe Research Roundup: Danske Bank, Philips, Unilever

Brinova Fastigheter AB (publ)

02/10/2018 07:55

Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Danske Bank, Philips and Unilever, on Tuesday. 
    
    HIGHLIGHTS
     * Danske Bank  DANSKE.CO : Morgan Stanley cuts to equal-weight from overweight
     * Philips NV  PHG.AS : Credit Suisse cuts to neutral from outperform     
     * Unilever NV  UNc.AS : Jefferies cuts to hold rating; cuts price target to EUR 51.50   
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Air Liquide  AIRP.PA : Exane BNP Paribas starts with neutral rating; price target 116 euros
     * Akzo Nobel NV  AKZO.AS : Exane BNP Paribas starts with outperform rating; PT 99 euros
     * Anheuser Busch Inbev SA  ABI.BR : Credit Suisse cuts PT to 94 euros from 100 euros
     * Antares  ANTA.BR : Raymond James raises price target to $5.25 from $3.85
     * Arkema SA  AKE.PA : Exane BNP Paribas starts with outperform rating; PT 144 euros
     * Aroundtown SA  AT1.DE : UBS raises price target to 8.50 euros from 8.30 euros
     * Atrium Ljungberg AB  ATRLJb.ST : Kepler Cheuvreux cuts rating to hold from buy
     * Atrium Ljungberg AB  ATRLJb.ST : Kepler Cheuvreux raises PT to SEK 174 from SEK 172
     * Balder  BALDb.ST : Kepler Cheuvreux raises price target to SEK 296 from SEK 285
     * Banca Monte Dei Paschi Di Siena  BMPS.MI : Morgan Stanley cuts PT to 2.3 euros from 2.7 euros
     * Banco Bpm  BAMI.MI : Morgan Stanley cuts price target to 2.3 euros from 2.6 euros
     * BASF SE  BASFn.DE : Exane BNP Paribas starts with outperform rating; PT 100 euros
     * Begbies Traynor Group Plc  BEG.L : Canaccord Genuity raises price target to 81p from 74p
     * Besqab AB (Publ)  BESQ.ST : Kepler Cheuvreux cuts to reduce from hold
     * Besqab AB (Publ)  BESQ.ST : Kepler Cheuvreux raises price target to SEK 120 from SEK 115
     * Bonduelle Sas  BOND.PA : Midcap Partners raises PT to EUR 28.1 from EUR 27; neutral
     * Bonduelle Sas  BOND.PA : Portzamparc cuts price target to 31 euros from 33 euros; rating hold
     * Brenntag AG  BNRGn.DE : Exane BNP Paribas starts with outperform rating; EUR 64 PT
     * Brinova Fastigheter  BRINb.ST : Kepler Cheuvreux cuts to hold from buy
     * Brinova Fastigheter  BRINb.ST : Kepler Cheuvreux raises target to SEK 18.5 from SEK 18
     * Carlsberg  CARLb.CO : Credit Suisse raises target price to DKK 725 from DKK 690
     * Castellum AB  CAST.ST : Kepler Cheuvreux raises price target to SEK 174 from SEK 166
     * Chr. Hansen  CHRH.CO : Exane BNP Paribas starts with underperform rating; target DKK 525
     * Clariant AG  CLN.S : Exane BNP Paribas starts with neutral rating; price target SFR 28
     * Close Brothers Group Plc  CBRO.L : Panmure cuts price target to 1620p from 1650p
     * Corem Property Group  COREa.ST : Kepler Cheuvreux raises target to SEK 13.8 from SEK 11
     * Covestro AG  1COV.DE : Exane BNP Paribas starts with outperform rating; target 99 euros
     * Credit Agricole  CAGR.PA : Morgan Stanley raises price target to EUR 16.40 from EUR 15
     * Croda International  CRDA.L : Exane BNP Paribas starts with outperform rating; TP 5810p
     * Cybg Plc  CYBGC.L : UBS initiates coverage with sell rating, 311p price target
     * D Carnegie & Co AB  DCARb.ST : Kepler Cheuvreux raises target to SEK 187 from SEK 182
     * Danske Bank  DANSKE.CO : Morgan Stanley cuts price target to DKK 203 from DKK 238
     * Danske Bank  DANSKE.CO : Morgan Stanley cuts to equal-weight from overweight
     * Deutsche Bank AG  DBKGn.DE : HSBC cuts target price to 11 euros from 12 euros; hold
     * Dios Fastigheter AB  DIOS.ST : Kepler Cheuvreux raises target to SEK 70 from SEK 67
     * Dufry AG  DUFN.S : Kepler Cheuvreux cuts price target to SFR 155 from SFR 175
     * EasyJet Plc  EZJ.L : UBS cuts price target to 1300p from 1900p
     * Elementis Plc  ELM.L : Exane BNP Paribas starts with neutral rating; 288p PT
     * Entra ASA  ENTRA.OL : Kepler Cheuvreux raises price target to NOK 146 from NOK 143
     * Essilor SA  ESSI.PA : Independent Research ups target to 135.0 euros from 130.0 euros;hold
     * Essity AB (Publ)  ESSITYb.ST : Berenberg cuts price target to SEK 206 from SEK 213
     * Eutelsat  ETL.PA : Jefferies raises price target to EUR 29
     * Evonik Industries  EVKn.DE : Exane BNP Paribas starts with underperform rating; PT 34 euros
     * Fabege AB  FABG.ST : Kepler Cheuvreux raises target price to SEK 145 from SEK 140
     * Flsmidth  FLS.CO : Handelsbanken cuts price target to DKK 400 from DKK 410; reduce
     * Georg Fischer AG  FIN.S : Kepler Cheuvreux cuts price target to SFR 1460 from SFR 1500
     * Gerresheimer AG  GXIG.DE : HSBC cuts target price to 65 euros from 67 euros; rating hold
     * Givaudan SA  GIVN.S : Exane BNP Paribas starts with neutral rating; price target SFR 2340
     * Heineken NV  HEIN.AS : Credit Suisse cuts target price to 80.50 euros from 83 euros
     * Heineken NV  HEIN.AS : Deutsche Bank cuts target price to 90 euros from 95 euros
     * Hemfosa  HEMF.ST : Kepler Cheuvreux raises target price to SEK 140 from SEK 125
     * Hexpol AB  HPOLb.ST : Kepler Cheuvreux raises price target to SEK 105 from SEK 99
     * Hufvudstaden AB  HUFVa.ST : Kepler Cheuvreux raises price target to SEK 181 from SEK 179
     * Imcd NV  IMCD.AS : Exane BNP Paribas starts with underperform rating; EUR 70 target price
     * Intesa Sanpaolo SpA  ISP.MI : Morgan Stanley cuts target price to EUR 2.9 from EUR 3.1
     * Jacques Bogart SA  JBOG.PA : Midcap Partners cuts target to EUR 10.1 from EUR 12.5; buy
     * Johnson Matthey  JMAT.L : Exane BNP Paribas starts with neutral rating;3,700p TP
     * K+S  SDFGn.DE : Exane BNP Paribas starts with underperform rating; price target 19 euros
     * Klovern  KLOVa.ST : Kepler Cheuvreux raises target price to SEK 13.5 from SEK 12.7
     * Lanxess AG  LXSG.DE : Exane BNP Paribas starts with neutral rating; price target 74 euros
     * Lenzing AG  LENV.VI : Baader Helvea Bank cuts price target to 118 euros from 136 euros
     * Linde AG  LING.DE : Exane BNP Paribas starts with outperform rating; TP 236 euros
     * Londonmetric Property Plc  LMPL.L : Barclays starts coverage with 200p price target
     * Londonmetric Property Plc  LMPL.L : Barclays starts coverage with overweight rating
     * Melia Hotels International  MEL.MC : Kepler Cheuvreux cuts target to 13.25 euros from 14 euros
     * Metso  METSO.HE :JP Morgan ups to overweight from underweight, PT 34.50 euros (28.00 euros)
     * NCC AB  NCCb.ST : Kepler Cheuvreux raises target price to SEK 155 from SEK 150
     * Nestle SA  NESN.S : Jefferies raises to buy rating; raises target price to SFR 94
     * Norwegian Property ASA  NPRO.OL : Kepler Cheuvreux raises target to NOK 14.5 from NOK 14
     * Novozymes  NZYMb.CO : Exane BNP Paribas starts with outperform rating; DKK 400 TP
     * NP3 Fastigheter AB  NP3.ST : Kepler Cheuvreux cuts to hold from buy
     * NP3 Fastigheter AB  NP3.ST : Kepler Cheuvreux raises target price to SEK 65 from SEK 63
     * OCI NV  OCI.AS : Exane BNP Paribas starts with outperform rating; price target 35 euros
     * OHL  OHL.MC : UBS cuts price target to EUR 2 from EUR 3.30
     * Ontex Group NV  ONTEX.BR : Berenberg cuts target price to EUR 21 from EUR 27.50
     * Oscar Properties Holding AB  OP.ST : Kepler Cheuvreux cuts target to SEK 35 from SEK 40
     * Pandox AB  PANDXb.ST : Kepler Cheuvreux raises target price to SEK 190 from SEK 185
     * Philips NV  PHG.AS : Credit Suisse cuts to neutral from outperform
     * Philips NV  PHG.AS : Credit Suisse raises target price to EUR 40 from EUR 39
     * Platzer  PLAZb.ST : Kepler Cheuvreux raises target price to SEK 71 from SEK 69
     * Polymetal  POLYP.L : Jefferies raises to hold rating; raises target price to 650p
     * Premaitha Health Plc  NIPT.L : Finncap Introduce with target price of 16p
     * Royal Mail Plc  RMG.L : Credit Suisse cuts target price to 339p from 450p
     * Royal Mail Plc  RMG.L : Deutsche Bank cuts target price to 300p from 428p
     * Ryanair Holdings  RYA.I : Barclays cuts target price to EUR 15.80 from EUR 18.30
     * Ryanair Holdings  RYA.I : Berenberg cuts target price to EUR 12.60 from EUR 13.50
     * Ryanair Holdings  RYA.I : Bernstein cuts PT to EUR 12.5,maintains market-perform
     * Ryanair Holdings  RYA.I : Canaccord Genuity cuts target to EUR 16.60 from EUR 19.70
     * Ryanair Holdings  RYA.I : Credit Suisse cuts price target to EUR 13.36 from EUR 14.61
     * Saga Plc  SAGAG.L : UBS raises to buy from neutral, raises PT to 150p from 125p
     * Santander  SAN.MC : KBW cuts target price to 5.10 euros from 6 euros
     * Santander  SAN.MC : KBW cuts to market perform from outperform
     * Scor  SCOR.PA : Berenberg raises target price to EUR 47 from EUR 38.90
     * SES SA  SESFd.PA : Jefferies raises price target to EUR 27 from EUR 26
     * Siemens AG  SIEGn.DE : HSBC cuts to hold from buy, cuts target to EUR 123 from EUR 140
     * Siemens Healthineers AG  SHLG.DE : Credit Suisse raises target to EUR 36 from EUR 33.50
     * Smiths Group Plc  SMIN.L : Barclays cuts price target to 1685p from 1770p
     * Solvay  SOLB.BR : Exane BNP Paribas starts with neutral rating; price target 134 euros
     * Standard Life Aberdeen Plc  SLA.L : Berenberg cuts target price to 340p from 360p
     * Symrise  SY1G.DE : Exane BNP Paribas starts with outperform rating; EUR 90 target price
     * Telekom Austria AG  TELA.VI : Barclays cuts target price to EUR 7.3 from EUR 7.5
     * Telenet Group Holding NV  TNET.BR : Barclays cuts target price to EUR 49 from EUR 54
     * ThyssenKrupp  TKAG.DE : Independent Research cuts target to 23 euros from 24 euros;hold
     * Tritax Big Box REIT Plc  BBOXT.L : Barclays starts coverage with 160p price target
     * Tritax Big Box REIT Plc  BBOXT.L : Barclays starts coverage with equal weight rating
     * UBI Banca  UBI.MI : Morgan Stanley cuts target price to EUR 3.3 from EUR 3.7
     * Umicore SA  UMI.BR : Exane BNP Paribas starts with neutral rating; EUR 50 target price
     * Unicredit  CRDI.MI : Morgan Stanley cuts target price to EUR 17.2 from EUR 18
     * Unilever NV  UNc.AS : Jefferies cuts to hold rating; cuts target price to EUR 51.50
     * Unilever Plc  ULVR.L : Jefferies cuts to hold rating; raises target price to 4590p
     * United Internet AG  UTDI.DE : Barclays cuts target price to EUR 65 from EUR 72
     * Victoria Park AB  VICPA.ST : Kepler Cheuvreux cuts target price to SEK 39 from SEK 40
     * Victoria Park AB  VICPA.ST : Kepler Cheuvreux raises to hold from reduce
     * Victrex Plc  VCTX.L : Exane BNP Paribas starts with neutral rating; 3,300p target price
     * Wacker Chemie AG  WCHG.DE : Credit Suisse cuts target price to EUR 97 from EUR 106
     * Wacker Chemie AG  WCHG.DE : Exane BNP Paribas starts with neutral rating; PT 130 euros
     * Wallenstam AB  WALLb.ST : Kepler Cheuvreux raises target price to SEK 95 from SEK 90
     * Wallenstam AB  WALLb.ST : Kepler Cheuvreux raises to buy from hold
     * Wihlborgs Fastigheter  WIHL.ST : Kepler Cheuvreux raises target to SEK 132 from SEK 128
     * Yara International ASA  YAR.OL : Exane BNP Paribas starts with neutral rating; TP NOK 440
 

 (Compiled by Bengaluru Newsroom)
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