Europe Research Roundup: Adidas, Wacker Neuson, EDF
04/08/2016 19:18
Aug 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Direct Line Insurance and Bayer, on Thursday.
HIGHLIGHTS
* Wacker Neuson WACGn.DE : Kepler Cheuvreux cuts to reduce from hold
* Endesa ELE.MC : RBC raises to sector perform from underperform
* Direct Line Insurance DLGD.L : Berenberg cuts to hold from buy
* EDF EDF.PA : Jefferies raises to hold from underperform
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Abcam Plc ABCA.L : Panmure starts with sell; target price 636p
* Acerinox SA ACX.MC : Kepler Cheuvreux raises target price to 13.5 euros from 11.5 euros
* Acron AKRN.MM : Credit Suisse cuts target price to 3600 Roubles from 4040 Roubles
* Acron AKRN.MM : Credit Suisse cuts to neutral
* Adidas AG ADSGn.DE : ESN/Equinet Bank cuts to sell from neutral
* Adidas AG ADSGn.DE : ESN/Equinet Bank raises target price to 128 euros from 118 euros
* Adler ADDG.DE : Helvea Baader Bank cuts target price to 6. euros from 6.50 euros; sell
* Aena AENA.MC : HSBC raises target price to 125 euros from 120 euros
* Ahlstrom Oyj AHL1V.HE : Kepler Cheuvreux raises target price to 8.8 euros from 8 euros
* Anf Immobilier SA ACNF.PA : Invest Securities cuts target to eur 21.8 from eur 22.5;neutral
* Anglo American AAL.L : BMO ups to outperform from market perform
* Anglo American AAL.L : BMO ups target to 1000p from 650p
* Anglo American AAL.L : Independent Research raises target to 910.0p from 840.0p; hold
* Antofagasta Plc ANTO.L : Canaccord Genuity raises target price to 505p from 475p; hold
* Aperam SA APAM.AS : RBC raises target price to 45 euros from 35 euros
* Aperam SA APAM.AS : RBC raises to outperform from sector perform
* Arkema SA AKE.PA : Credit Suisse raises target to 80 euros from 75 euros; outperform
* Arkema SA AKE.PA : JP Morgan raises target price to 75 euros from 72 euros; neutral
* Assicurazioni Generali GASI.MI : Independent Research raises target price to 12.0 euros from 11.5 euros; hold
* AstraZeneca Plc AZN.L : Jefferies raises target price to 5050p
* Aviva Plc AV.L : Shore Capital raises to hold from sell
* Axa AXAF.PA : Natixis cuts target price to 25 euros from 27 euros; rating buy
* Axel Springer SPRGn.DE : HSBC cuts target price to 50 euros from 52 euros
* Axel Springer SPRGn.DE :Barclays ups target to 43.50 euros from 42.70 euros;underweight
* Banca Mediolanum SpA BMED.MI : Kepler Cheuvreux raises target to 7 euros from 5.8 euros
* Bayer AG BAYGn.DE : Jefferies raises target price to 102 euros
* Be Heard Group Plc BHRD.L : Numis starts with buy rating; 4.46p price target
* BE Semiconductor BESI.AS : Kepler Cheuvreux ups target price to 29 euros from 28 euros
* Beiersdorf BEIG.DE : Exane BNP Paribas cuts target price by 2 pct to 87 euros; neutral
* Belimo Holding BEAN.S : Kepler Cheuvreux raises target to Sfr 3300 from Sfr 2860 euros
* Bonduelle Sas BOND.PA : Kepler Cheuvreux cuts target price to 27 euros from 28 euros
* Brunel International NV BRUN.AS : KBC raises target price to 22 euros from 18 euros
* Brunel International NV BRUN.AS : KBC raises to buy from hold
* Buzzi Unicem SpA BZU.MI : Kepler Cheuvreux raises target to 20.5 euros from 17.5 euros
* Cairo Communication CAI.MI : Kepler Cheuvreux cuts target to 4.2 euros from 4.6 euros
* Casino Guichard CASP.PA : Morgan Stanley cuts to "underweight" from "equal-weight"
* Continental CONG.DE : Barclays raises targetto 243 euros from 238 euros; overweight
* Continental CONG.DE : Commerzbank cuts target price to 205 euros from 215 euros; hold
* Continental CONG.DE : Independent Research raises target price to 215 euros; rating buy
* Continental CONG.DE : Kepler Cheuvreux raises target price to 230 euros from 225 euros
* Continental CONG.DE : Natixis raises target price to 198 euros from 195 euros; neutral
* Continental CONG.DE : DZ Bank cuts target price to eur 221.00 from eur 243.00; buy
* Cramo Oyj CRA1V.HE : ESN/OP Corporate Bank cuts to neutral from accumulate
* Cramo Oyj CRA1V.HE : ESN/OP Corporate Bank ups target price to 24 euros from 20.5 euros
* Cramo Oyj CRA1V.HE : Inderes raises target price to eur 21.7 from eur 18.7; reduce
* Credit Agricole CAGR.PA : Natixis ups target price to 10.90 euros from 10.70 euros; buy
* Danone DANO.PA : Independent Research raises target to 73.0 euros from 69.5 euros; hold
* Datagroup AG D6HG.DE : Helvea Baader starts with buy rating; 22 euros target price
* Davide Campari CPRI.MI : Barclays ups target to 9 euros from 8.40 euros; equal weight
* Deutsche Post AG DPWGn.DE : ESN/Equinet Bank cuts to accumulate from buy
* Deutsche Post AG DPWGn.DE : ESN/Equinet Bank ups target price to 30 euros from 28 euros
* Deutsche Wohnen DWNG.DE : Helvea Baader Bank ups target to 36 euros from 32 euros; buy
* Devro DVO.L : HSBC cuts target price to 275p from 285p
* Direct Line Insurance DLGD.L : Berenberg cuts to hold from buy
* Direct Line Insurance DLGD.L : Canaccord Genuity ups target price to 420p from 380p;buy
* EDF EDF.PA : Jefferies raises price target to 11.50 euros from 7.50 euros
* EDF EDF.PA : Jefferies raises to hold from underperform
* EDP Energias De Portugal SA EDP.LS : RBC raises target to 3.45 euros from 3.25 euros
* Elior Group ELIOR.PA : UBS ups target price to 23.6 euros from 23.25 euros; rating buy
* ElringKlinger ZILGn.DE : Commerzbank cuts target to 17.5 euros from 24.5 euros; hold
* Endesa ELE.MC : HSBC raises target price to 17.6 euros from 17.1 euros
* Endesa ELE.MC : RBC raises target price to 20.50 euros from 19 euros
* Endesa ELE.MC : RBC raises to sector perform from underperform
* EQ Oyj EQV1V.HE : Inderes raises target price to eur 7.0 from eur 6.4; rating increase
* EQ Oyj EQV1V.HE :ESN/OP Corporate Bank cuts target price to 6 euros from 6.6 euros
* EQ Oyj EQV1V.HE :ESN/OP Corporate Bank cuts to reduce from accumulate
* Erste Group Bank ERST.VI : HSBC raises target price to 30 euros from 27 euros
* Ferrexpo FXPO.L : Credit Suisse raises to neutral from underperform
* Ferrexpo FXPO.L : Jefferies raises price target to 30p from 20p; rating underperform
* Ferrexpo FXPO.L : Credit Suisse raises target price to 60p from 28p; rating neutral
* Fresenius Medical Care FMEG.DE : DZ Bank raises to hold from sell
* Fresenius Medical Care FMEG.DE : DZ Bank raises target to 82.00 euros from 65.00 euros
* Gas Natural GAS.MC : RBC raises target price to 19 euros from 18 euros; underperform
* Genmab GEN.CO : Nordea Equity Research raises target to Dkk 1,470 from Dkk 1,440; buy
* Genus GENS.L : HSBC raises target price to 2200p from 1550p
* GlaxoSmithKline GSK.L :Independent Research ups target to 1,800p from 1,750p;hold
* Hannover Rueck SE HNRGn.DE : DZ Bank raises to hold from sell
* Hannover Rueck SE : DZ Bank cuts target price to 91.0 euros from 92.0 euros
* Hikma Pharmaceuticals Plc HIK.L : Numis cuts target price by 6 pct to 2,660p
* Hikma Pharmaceuticals Plc HIK.L : Numis cuts to hold from add
* Hill & Smith Holdings Plc HILS.L : Investec raises target price to 1200p from 1160p;buy
* Hill & Smith Holdings Plc HILS.L : N+1 Singer raises target price to 1160p; rating buy
* Hill & Smith Holdings Plc HILS.L : Numis cuts to hold from add
* Hill & Smith Holdings Plc HILS.L : Panmure raises target price to 1285p from 1250p; buy
* HSBC Holdings Plc HSBA.L : Barclays raises target price to 525p from 500p; equal weight
* HSBC Holdings Plc HSBA.L : BofA Merrill raises price objective to 570p from 430p
* HSBC Holdings Plc HSBA.L : BofA Merrill raises to buy from underperform
* HSBC Holdings Plc HSBA.L : Deutsche Bank raises target price to 514p from 480p
* Infineon IFXGn.DE : Credit Suisse raises target to 15 euros from 14 euros
* Infineon IFXGn.DE : Credit Suisse raises target to 15 euros from 14 euros; outperform
* ING Groep INGA.AS : Deutsche Bank raises target price to 12 euros from 11.70 euros
* ING Groep INGA.AS : Natixis raises target price to 12.40 euros from 11.90 euros; buy
* ING Groep INGA.AS : RBC raises target price to 10.5 euros from 10 euros; sector perform
* ING Groep INGA.AS : Independent Research ups target to 12.0 euros from 11.5 euros; buy
* Intercontinental Hotels IHG.L : Goldman Sachs ups target to 3,250p from 3,120p; neutral
* Intesa Sanpaolo ISP.MI : UBS cuts target price to 2.05 euros from 2.15 euros; buy
* Kesko Oyj KESBV.HE : Danske Bank cuts to hold from buy; revises target price at eur 42
* Kesko Oyj KESBV.HE : Inderes raises target price to eur 38.0 from eur 35.0; reduce
* Kingfisher Plc KGF.L : Credit Suisse cuts target price to 415p from 425p
* Kloeckner & Co SE KCOGn.DE : Jefferies ups target to 9 euros from 8 euros; underperform
* Komercni Banka BKOM.PR : Credit Suisse cuts target price to Czk 755 from Czk 1000
* Komercni Banka BKOM.PR : Credit Suisse cuts to underperform from neutral
* Komercni Banka BKOM.PR : HSBC cuts target price to CZK 1000 from CZK 1050
* Komercni Banka BKOM.PR : KBW cuts target price to CZK 940 from CZK 980
* Ladbrokes Plc LAD.L : Canaccord Genuity raises price target to 165p from 145p; buy
* Ladbrokes Plc LAD.L : Peel Hunt cuts to hold from buy
* Lassila & Tikanoja Oyj LAT1V.HE : Danske Bank cuts to hold from buy
* Leonardo Finmeccanica LDOF.MI : Deutsche Bank cuts target to 11.70 euros from 12 euros
* Lundin Petroleum LUPE.ST :Credit Suisse ups target to Sek 130 from Sek 120;underperform
* Lundin Petroleum LUPE.ST : Danske Bank raises target price to Sek 155 from Sek 154
* Lundin Petroleum LUPE.ST : Danske Bank raises to buy from hold
* Lundin Petroleum LUPE.ST : Deutsche Bank cuts target price to Sek 155 from Sek 158
* Merck KGaA MRCG.DE : Independent Research raises target to 102 euros from 99 euros;hold
* Nemetschek AG NEKG.DE : Kepler Cheuvreux raises target price to 55 euros from 44 euros
* Next Plc NXT.L : Canaccord Genuity raises target price to 5350p from 5150p; rating hold
* Next Plc NXT.L : UBS raises target price to 5850p from 5750p; rating buy
* Nichols Plc NICL.L : Berenberg raises target price to 1,525p from 1,475p; rating buy
* Novartis AG NOVN.S : Jefferies cuts target price to Sfr 102
* Outokumpu Oyj OUT1V.HE : Kepler Cheuvreux raises target price to 6.7 euros from 4 euros
* Pandora PNDORA.CO : Nordea Equity Research cuts target to Dkk 1,125 from Dkk 1,150; buy
* Phosagro Oao PHORq.L : Credit Suisse cuts target price to $14 from $14.9
* Raisio Oyj RAIVV.HE : Danske Bank cuts target price to eur 4.4 from eur 4.7; hold
* Rhoen Klinikum AG RHKG.DE : Jefferies cuts target to 30.50 euros from 32.10 euros; buy
* Richemont SA CFR.S : Helvea Baader cuts target price to Sfr 57 from Sfr 60; rating hold
* Rio Tinto Plc RIO.L : Deutsche Bank raises target price to 3230p from 3160p
* Roche Holding AG ROG.S : Jefferies cuts target price to Sfr 285
* RPS RPS.L : Numis raises target price to 210p from 195p; rating add
* S&T AG SANT1.DE : Kepler Cheuvreux raises target price to 9.3 euros from 8 euros
* Safilo Group SFLG.MI : Kepler Cheuvreux raises target price to 7.3 euros from 6.6 euros
* Safilo Group SFLG.MI : Kepler Cheuvreux raises to hold from reduce
* Saipem SPMI.MI : Canaccord Genuity cuts target price to 0.35 euros from 0.40 euros;hold
* Sampo Oyj SAMAS.HE : Danske Bank cuts target price to eur 40 from eur 42; rating hold
* Sanofi SASY.PA : Jefferies raises target price to 80 euros
* Schouw & Co SCHO.CO : Nordea Equity Research cuts target to Dkk 450 from Dkk 460;buy
* Siemens AG SIEGn.DE : Independent Research ups target to 105 euros from 100 euros; hold
* Sixt Leasing AG LNSX.DE : Commerzbank cuts target price to 21 euros from 21.5 euros
* Sixt Leasing AG LNSX.DE : Commerzbank cuts to hold from buy
* Societa Cattolica Di Assicurazione Sc CASS.MI : ESN/Banca Akros cuts target price to 6.40 euros from 7.30 euros
* Societa Cattolica Di Assicurazione Sc CASS.MI : ESN/Banca Akros cuts to neutral from accumulate
* Societe Generale SOGN.PA : Barclays cuts target to 42 euros from 48 euros; overweight
* Societe Generale SOGN.PA : Deutsche Bank raises target price to 33 euros from 30 euros
* Societe Generale SOGN.PA : Independent Research ups target to eur 37 from eur 35; buy
* Societe Generale SOGN.PA : Kepler Cheuvreux raises target to 36.3 euros from 34.8 euros
* Societe Generale SOGN.PA : Natixis raises target to 34 euros from 32.20 euros; neutral
* Standard Chartered Plc STAN.L : Deutsche Bank raises target price to 479p from 474p
* Tecnicas Reunidas TRE.MC : Kepler Cheuvreux raises target to 32.4 euros from 28 euros
* Tecnicas Reunidas TRE.MC : Kepler Cheuvreux raises to buy from hold
* Terreis SA TERR.PA : Invest Securites cuts to neutral from buy;
* Terreis SA TERR.PA : Invest Securites raises target price to 32 euros from 31 euros
* Telefa Nica Deutschland O2Dn.DE : Commerzbank cuts target to 5.50 euros from 5.80 euros
* TGK-1 TGKA.MM : Renaissance Capital raises to buy from hold
* TGS Nopec TGS.OL : Swedbank raises target to Nok 140 from Nok 120; rating neutral
* Total SA TOTF.PA : Barclays raises to overweight from equal weight
* Travis Perkins Plc TPK.L : Deutsche Bank cuts target price to 1875p from 1906p
* Travis Perkins Plc TPK.L : Deutsche Bank cuts target price to 1875p from 1906p; buy
* Tui AG TUIT.L : Credit Suisse cuts target price to 1245p from 1300p; rating outperform
* Ubisoft UBIP.PA : Berenberg raises target price to 41.50 euros from 28 euros; buy
* Unicredit CRDI.MI : Kepler Cheuvreux cuts target price to 3 euros from 3.5 euros
* Unicredit CRDI.MI : Natixis cuts target price to 4.90 euros from 6 euros; rating buy
* Unicredit CRDI.MI : UBS cuts target price to 2.05 euros from 2.1 euros; neutral
* Unipolsai Assicurazioni US.MI :ESN/Banca Akros cuts target to 1.65 euros from 2.10euros
* Unipolsai Assicurazioni US.MI : ESN/Banca Akros raises to accumulate from neutral
* Uralkali URKA.MM : Credit Suisse cuts target price to 161 roubles from 165 roubles
* Uralkali URKA.MM : Credit Suisse cuts to underperform
* Valora Holding VALN.S : Credit Suisse raises target to Sfr 300 from Sfr 280; outperform
* Victrex Plc VCTX.L : UBS cuts target price to 1510p from 1570p; rating neutral
* Vinci SGEF.PA : Barclays raises target price to 76 euros from 70 euros; overweight
* Vitec Group Plc VTC.L : Investec raises target price to 750p from 720p; rating buy
* Wacker Neuson WACGn.DE : Kepler Cheuvreux cuts target to 11.5 euros from 12.5 euros
* Wacker Neuson WACGn.DE : Kepler Cheuvreux cuts to reduce from hold
* Wandisco Plc WAND.L : UBS raises target price to 240p from 230p; rating buy
(Compiled by Abdul Nishad C.K. in Bengaluru)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/