Europe Research Roundup: BAT, GEA Group, Qiagen

British American Tobacco P.l.c

Today 08:29

June 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BAT, GEA Group and Qiagen, on Tuesday.

HIGHLIGHTS
    
* BAT BATS.L: Jefferies raises target price to 5500p from 5200p 
* GEA Group AG G1AG.DE: Morgan Stanley raises to equal weight from underweight 
* Knorr Bremse AG KBX.DE: Morgan Stanley raises target price to EUR 116 from EUR 112 
* Qiagen NV QIA.DE: Morgan Stanley raises to overweight from equal weight 
* Sonova Holding AG SOON.S: Morgan Stanley raises target price to CHF 205 from CHF 172 

      
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. 

* Ageas AGES.BR: UBS raises target price to EUR 68 from EUR 62.5 
* BAT BATS.L: Jefferies raises target price to 5500p from 5200p 
* Beiersdorf AG BEIG.DE: JP Morgan cuts target price to EUR 80 from EUR 90 
* BESI BESI.AS: Needham raises target price to EUR 400 from EUR 300 
* Biomerieux SA BIOX.PA: Morgan Stanley cuts target price to EUR 64 from EUR 100 
* Biomerieux SA BIOX.PA: Morgan Stanley cuts to underweight from equal weight 
* BMW BMWG.DE: Bernstein cuts target price to EUR 85 from EUR 108 
* BP BP.L: BofA Global Research cuts price objective to 430p from 460p 
* British Land BLND.L: Bernstein cuts target price to 490p from 500p 
* Bunzl BNZL.L: Peel Hunt raises target price to 2350p from 2250p 
* Danone DANO.PA: BofA Global Research raises price objective to EUR 93 from EUR 90 
* Demant DEMANT.CO: Jefferies raises target price to DKK 290 from DKK 275 
* Deutsche Lufthansa AG LHAG.DE: Morgan Stanley raises PT to EUR 7.1 from EUR 6.2 
* ENI ENI.MI: BofA Global Research cuts price objective to EUR 22 from EUR 24 
* Epiroc AB EPIRa.ST: UBS cuts to sell from neutral 
* Epiroc AB EPIRa.ST: UBS raises target price to SEK 230 from SEK 200 
* Equinor EQNR.OL: BofA Global Research cuts price objective to NOK 320 from NOK 340 
* Exail Technologies SA EXA.PA: Stifel initiates coverage with buy rating
* Exail Technologies SA EXA.PA: Stifel initiates coverage with PT EUR 140 
* Freenet AG FNTGn.DE: Citigroup cuts target price to EUR 26 from EUR 29 
* GEA Group AG G1AG.DE: Morgan Stanley raises target price to EUR 60 from EUR 58 
* GEA Group AG G1AG.DE: Morgan Stanley raises to equal weight from underweight 
* Handelsbanken SHBa.ST: Kepler Cheuvreux raises target price to SEK 136 from SEK 122 
* Heineken NV HEIN.AS: Degroof Petercam raises target price to EUR 84 from EUR 78 
* Heineken NV HEIN.AS: Degroof Petercam raises to buy from hold
* Hermes HRMS.PA: HSBC cuts target price to EUR 1870 from EUR 2100 
* Hermes HRMS.PA: HSBC cuts to hold from buy
* ICG Plc ICGIN.L: UBS raises to buy from neutral 
* Infineon Technologies AG IFXGn.DE: Susquehanna raises PT to EUR 100 from EUR 70 
* KBC Groep NV KBC.BR: ING cuts to hold from buy; raises PT to EUR 119 from EUR 109.5 
* Knorr Bremse AG KBX.DE: Morgan Stanley raises target price to EUR 116 from EUR 112 
* Komax Holding AG KOMN.S: Kepler Cheuvreux cuts target price to CHF 55 from CHF 80 
* Land Securities LAND.L: Bernstein cuts target price to 780p from 800p 
* Lindt & Spruengli LISN.S: BofA Global Research cuts PO to CHF 134000 from CHF 137000 
* Lindt & Spruengli LISP.S: BofA Global Research cuts PO to CHF 13400 from CHF 13700 
* Persimmon PSN.L: Citigroup cuts target price to 1280p from 1615p 
* Qiagen NV QIA.DE: Morgan Stanley raises target price to EUR 37 from EUR 34 
* Qiagen NV QIA.DE: Morgan Stanley raises to overweight from equal weight 
* Repsol REP.MC: BofA Global Research cuts price objective to EUR 20 from EUR 23 
* Shell SHEL.L: BofA Global Research cuts price objective to 3300p from 3500p 
* SMG Swiss Marketplace Group Holding SMGC.S: Berenberg initiates coverage with buy rating
* SMG Swiss Marketplace Group Holding SMGC.S: Berenberg initiates coverage with PT CHF 35 
* Sonova Holding AG SOON.S: Morgan Stanley raises target price to CHF 205 from CHF 172 
* Sonova Holding AG SOON.S: Morgan Stanley raises to equal weight from underweight 
* Swedish Orphan Biovitrum SOBIV.ST: Berenberg raises PT to SEK 550 from SEK 525 
* Telia Company AB TELIA.ST: UBS raises target price to SEK 51 from SEK 41.6 
* Totalenergies SE TTEF.PA: BofA Global Research cuts PT to EUR 82 from EUR 86 
* Victrex Plc VCTX.L: Stifel initiates coverage with buy rating
* Victrex Plc VCTX.L: Stifel initiates coverage with PT EUR 750p 
* Volkswagen AG VOWG_p.DE: Citigroup cuts target price to EUR 94 from EUR 110 
* X-Fab XFAB.PA: Bernstein raises target price to EUR 12.8 from EUR 5 
* X-Fab XFAB.PA: Bernstein raises to outperform from market-perform 
* Yara YAR.OL: Jefferies cuts target price to NOK 470 from NOK 610 
* Yara YAR.OL: Jefferies cuts to hold from buy

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