Europe Research Roundup: Bilfinger, Hikma, BP
19/06/2015 07:18
June 19 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Royal Dutch Shell and Hikma Pharmaceuticals, on Friday.
HIGHLIGHTS
* Royal Dutch Shell RDSb.L : RBC raises to outperform from sector perform; target to 2250p
* Bilfinger GBFG.DE : HSBC raises to hold from reduce; cuts price target to 32 euros
* Hikma Pharmaceuticals HIK.L : Citigroup raises to buy from neutral
* BP Plc BP.L : RBC cuts to sector perform from outperform
* Telecom Italia TLIT.MI : Raymond James starts with outperform; target price of 1.32 euros
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Bilfinger GBFG.DE : HSBC raises to hold from reduce
* Bilfinger GBFG.DE : HSBC cuts price target to 32 euros from 37 euros
* BP Plc BP.L : RBC cuts to sector perform from outperform
* Brunel BRUN.AS : ING raises target price to 23 euros from 21 euros
* Eiffage FOUG.PA : HSBC raises to buy from hold
* Hikma Pharmaceuticals HIK.L : Citigroup raises to buy from neutral
* Merlin Entertainments MERL.L : Jefferies raises target to 500p from 420p; rating buy
* MTU Aero Engines MTXGn.DE : HSBC cuts target price to 90 euros from 97 euros
* Randstad RAND.AS : ING raises target price to 66 euros from 57.5 euros
* Royal Dutch Shell RDSb.L : RBC raises to outperform from sector perform
* Royal Dutch Shell RDSb.L : RBC raises target price to 2250p from 2125p
* Telecom Italia TLIT.MI : Raymond James starts with outperform; target price of 1.32 euros
* USG People USGP.AS : ING raises target price to 15.5 euros from 14.5 euros
(Compiled by Rachel Chitra in Bangalore)
((rachel.chitra@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 67496149;
Reuters Messaging: rachel.chitra.reuters.com@reuters.net))
Keywords: RESEARCH EUROPE/