Europe Research Roundup: Bouygues, TDC, Thales
15/08/2016 23:15
Aug 15 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Cobham and Kion Group, on Monday.
HIGHLIGHTS
* Bouygues BOUY.PA : Berenberg raises to hold from sell
* Thales TCFP.PA , Cobham Plc COB.L : Barclays cuts to equal weight from overweight
* Brunel International BRUN.AS : ING cuts to hold from buy
* TDC TDC.CO : Berenberg cuts to hold from buy
* Kion Group AG KGX.DE : Jefferies raises to buy from hold
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock
entries are in alphabetical order.
* A.P. Moller-Maersk MAERSKb.CO : Handelsbanken cuts target to Dkk 9,500 from Dkk 10,000
* A.P. Moller-Maersk MAERSKb.CO : Handelsbanken cuts to reduce from accumulate
* A.P. Moller-Maersk MAERSKb.CO : Jyske Bank raises target price to Dkk 9,200;rating sell
* AA Plc AAAA.L : Liberum raises target price to 375p from 325p; rating buy
* Aegon NV AEGN.AS : Kepler Cheuvreux cuts target price to 4.8 euros from 5.30 euros
* Airbus AIR.PA : Barclays cuts target price to 68 euros from 75 euros; rating overweight
* Alk-Abello ALKb.CO : Nordea Equity Research raises target to Dkk 942 from Dkk 938, hold
* Altice NV ATCA.AS : Deutsche Bank raises target to 18.30 euros from 16.50 euros; hold
* Banca Popolare Dell'Emilia EMII.MI :Exane BNP Paribas ups target by 7 pct to 6.2 euros
* Barratt Developments Plc BDEV.L : JP Morgan cuts target price to 470p from 665p;neutral
* Barry Callebaut AG BARN.S : UBS cuts to sell from neutral
* BBA Aviation Plc BBA.L : Jefferies raises target price to 295p from 250p; rating buy
* Bellway Plc BWY.L : JP Morgan cuts target price to 2680p from 3500p; rating overweight
* Berkeley Group Holdings BKGH.L : JP Morgan cuts target to 3200p from 3750p; overweight
* Bouygues BOUY.PA : Berenberg raises price target to 31 euros from 30 euros
* Bouygues BOUY.PA : Berenberg raises to hold from sell
* Bovis Homes Group Plc BVS.L : JP Morgan cuts target price to 1000p from 1200p;overweight
* Brunel International BRUN.AS : ING cuts target price to 17.50 euros from 18.50 euros
* Brunel International BRUN.AS : ING cuts to hold from buy
* BT Group Plc BT.L : Jefferies cuts target price to 400p from 405p; rating hold
* Cairn Energy Plc CNE.L : Stifel raises target price to 220p from 140p
* Cairn Energy Plc CNE.L : Stifel raises to buy from sell
* Carl Zeiss Meditec AFXG.DE : Deutsche Bank raises target to 31 euros from 27 euros;hold
* Carlsberg CARLb.CO : Nordea Equity Research raises target to Dkk 765 from Dkk 715, buy
* Cembra Money Bank AG CMBN.S : Deutsche Bank raises target to Sfr 69 from Sfr 61; hold
* Chemring CHG.L : Barclays cuts target price to 115p from 120p; rating underweight
* Clarkson Plc CKN.L : Liberum starts with buy rating; 2600p target price
* Cobham Plc COB.L : Barclays cuts to equal weight from overweight
* Cobham Plc COB.L : Kepler Cheuvreux raises target price to 160p from 157.21p
* Coca Cola HBC AG CCH.L : Numis cuts to hold from add
* Coca Cola HBC AG CCH.L : Numis raises target price to 1665p from 1542p
* Countryside Properties Plc CSPC.L : JP Morgan cuts target price to 250p from 280p
* Countryside Properties Plc CSPC.L : JP Morgan cuts to neutral from overweight
* Credito Emiliano SpA EMBI.MI : Exane BNP Paribas cuts target by 9 pct to 6.1 euros
* Crest Nicholson Holdings Plc CRST.L : JP Morgan cuts target to 550p from 700p;overweight
* Creval PCVI.MI : Exane BNP Paribas cuts target price by 8 pct to 0.56 euros
* CRH Plc CRH.I : JP Morgan raises target price to 31 euros from 29 euros
* Cybg Plc CYBGC.L : RBC raises price target to 210p from 200p; rating underperform
* Davide Campari CPRI.MI : RBC raises target to 10.70 euros from 9.70 euros; outperform
* Deutsche Wohnen DWNG.DE : Independent Research cuts to sell from hold
* Deutsche Wohnen DWNG.DE :Independent Research ups target to 34.00 euros from 32.00 euros
* Deutsche Wohnen AG DWNG.DE : Berenberg raises target to 38.50 euros from 32 euros; buy
* DFS Furniture Plc DFSD.L : Berenberg cuts price target to 310p from 360p; rating buy
* Digia DIG1V.HE : ESN/OP Corporate Bank raises target to 3.80 euros from 3.60 euros
* Digia DIG1V.HE : ESN/OP Corporate Bank raises to accumulate from reduce
* Eservglobal ESGq.L : Finncap raises target price to 10p from 7p
* Faroe Petroleum Plc FPM.L : Stifel resumes with buy rating; 105p price target
* Flow Traders NV FLOW.AS : Exane BNP Paribas cuts target price by 8 pct to 41.5 euros
* Forbo Holding AG FORN.S : Kepler Cheuvreux raises target to Sfr 1490 from Sfr 1260
* Foxtons Group Plc FOXT.L : Citi upgrades to buy; sets target price of 135p
* Foxtons Group Plc FOXT.L : Citigroup raises to buy from neutral
* Fresnillo Plc FRES.L : JP Morgan raises target price to 1600p from 1400p
* G4S Plc GFS.L : Credit Suisse raises price target to 275p from 210p; rating outperform
* G4S Plc GFS.L : Deutsche Bank raises target price to 180p from 165p; rating sell
* Gemalto GTO.AS : JP Morgan cuts target price to 70 euros from 75 euros; overweight
* Glencore Plc GLEN.L : Independent Research raises target to 200.0p from 180.0p; hold
* GN Store Nord GN.CO : Barclays raises target to Dkk 140 from Dkk 132; equal weight
* Hastings HSTG.L : JP Morgan raises target price to 245p from 240p; rating overweight
* Hurricane Energy Plc HUR.L : Finncap starts with buy; target price 50p
* Imagination Technologies Group Plc IMG.L : Investec raises target to 260p from 250p;buy
* Interserve Plc IRV.L : JP Morgan raises target price to 476p from 425p
* Investis Holding SA IREN.S : Credit Suisse starts with neutral; Sfr 57 price target
* JcDecaux JCDX.PA : JP Morgan cuts target price to 36 euros from 36.3 euros;overweight
* Kaz Minerals Plc KAZ.L : Exane BNP Paribas raises target price by 13 pct to 135p
* Kazmunaygaz KMGq.L : Deutsche Bank raises target to $13 from $10; rating buy
* Kion Group AG KGX.DE : Jefferies raises target price to 63 euros from 50 euros
* Kion Group AG KGX.DE : Jefferies raises to buy from hold
* Leg Immobilien AG LEGn.DE : Bankhaus Lampe raises target to 92 euros from 84 euros;hold
* Leroey Seafood LSG.OL : Nordea Markets cuts to hold from buy
* Leroey Seafood LSG.OL : Nordea Markets keeps buy on bakkafrost and grieg seafood
* Lloyds LLOY.L : RBC cuts price target to 70p from 75p; rating outperform
* LPKF LPKG.DE : DZ Bank raises target price to 5.50 euros from 5.20 euros; rating sell
* Marine Harvest MHG.OL : Nordea markets cuts to hold from buy
* Marine Harvest MHG.OL : Nordea Markets keeps buy on bakkafrost and grieg seafood
* Morphosys MORG.DE : Independent Research cuts target to 46.0 euros from 48.0 euros;hold
* Munich Re MUVGn.DE : Berenberg cuts target price to 201 euros from 207 euros;rating buy
* Nasstar Plc NASA.L : Finncap raises target price to 13p from 11p
* Newriver Retail NRRT.L : Barclays starts with overweight rating; 350p price target
* Norway Royal Salmon NRSM.OL : Nordea markets cuts to sell from buy
* Ophir Energy Plc OPHR.L : Stifel raises to hold from sell
* OTP Bank Nyrt OTPB.BU : HSBC raises price target to 8500 Huf from 7900 Huf; rating buy
* Pagegroup Plc PAGE.L : Kepler Cheuvreux raises target price to 330p from 275p
* Pantheon Resources Plc PANR.L : Stifel raises target price to 170p from 160p
* Pearson Plc PSON.L : Credit Suisse raises target price to 950p from 850p;rating neutral
* Pearson Plc PSON.L : Liberum raises target price to 470p from 435p; rating sell
* Persimmon Plc PSN.L : JP Morgan cuts target price to 1950p from 2100p
* Persimmon Plc PSN.L : JP Morgan raises to overweight from underweight
* Premier Oil Plc PMO.L : Stifel raises target price to 35p from 18p
* Randgold Resources Ltd RRS.L : JP Morgan raises target price to 7850p from 7300p
* Rational RAAG.DE : Berenberg raises target to 430 euros from 375 euros; rating hold
* RBS RBS.L : RBC cuts price target to 150p from 165p; rating underperform
* Redrow Plc RDW.L : JP Morgan cuts target price to 360p from 460p; rating neutral
* Regus Plc RGU.L : Canaccord Genuity cuts price target to 355p from 390p; rating buy
* Richemont SA CFR.S : RBC cuts target price to Sfr 70 from Sfr 72; rating outperform
* Robert Walters Plc RWA.L : Stifel raises target price to 370p from 322p; rating buy
* Rockhopper Exploration Plc RKH.L : Stifel raises to hold from sell
* Saf Holland SA SFQN.DE : HSBC starts with hold rating; 12 euros price target
* Salmar And Austevoll SALM.OL : Nordea Markets cuts to hold from buy
* Salmar And Austevoll SALM.OL : Nordea Marketskeeps buy on bakkafrost and grieg seafood
* Salzgitter AG SZGG.DE : DZ Bank raises target price to 27.0 euros from 26.0 euros; hold
* Schaltbau SLTG.DE : DZ Bank cuts target price to 45.00 euros from 58.00 euros
* Schaltbau SLTG.DE : DZ Bank cuts to hold from buy
* Schibsted ASA SBSTA.OL : JP Morgan raises target price to Nok 272 from Nok 242
* Scout24 AG G24n.DE : Credit Suisse cuts to neutral from outperform
* Scout24 AG G24n.DE : Credit Suisse raises price target to 38.60 euros from 37.20 euros
* Segro Plc SGRO.L : Stifel raises target price to 483p from 454p; rating buy
* Senvion SA SENG.DE : JP Morgan cuts target price to 17 euros from 20.7 euros;overweight
* SGL Carbon SE SGCG.DE : JP Morgan raises target price to 9.4 euros from 8.3 euros
* SHW AG SW1.DE : Bankhaus Lampe raises target price to 37 euros from 25 euros
* SHW AG SW1.DE : Bankhaus Lampe raises to buy from hold
* Soco International Plc SIA.L : Stifel raises to hold from sell
* Software AG SOWG.DE : Kepler Cheuvreux raises target price to 35 euros from 31 euros
* South32 Ltd S32.L : Exane BNP Paribas raises target price by 30 pct to 120p
* Stabilus SA STAB.DE : Kepler Cheuvreux raises target price to 57 euros from 56 euros
* Standard Chartered STAN.L : Natixis raises target price to 658p from 557p;rating neutral
* Steinhoff SNHG.DE : RBC raises price target to 6.6 euros from 5.75 euros; outperform
* Stockmann STCBV.HE : Danske Bank raises target price to eur 8.1 from eur 7.2; buy
* Stockmann STCBV.HE : ESN/OP Corporate Bank raises to buy from reduce
* Stockmann STCBV.HE : ESN/OP Corporate Bank ups target to 8 euros from 5.50 euros
* Stockmann STCBV.HE : Inderes cuts rating to sell from reduce
* Stockmann STCBV.HE : Inderes cuts to sell from reduce
* Stockmann STCBV.HE : Inderes raises target price to 6.0 euros from 5.5 euros
* Stockmann STCBV.HE : Inderes raises target price to eur 6.00 from eur 5.50
* Swiss Life Holding AG SLHN.S : Kepler Cheuvreux raises target to Sfr 290 from Sfr 272
* Talanx TLXGn.DE : KBW raises target price to 22 euros from 21 euros;rating underperform
* Taylor Wimpey Plc TW.L : JP Morgan cuts target price to 190p from 250p; overweight
* TDC TDC.CO : Berenberg cuts to hold from buy
* Thales TCFP.PA : Barclays cuts to equal weight from overweight
* Thin Film Electronics THIN.OL : Cowen and Company cuts target to Nok 7.4 from Nok 9.3
* ThyssenKrupp AG TKAG.DE : Kepler Cheuvreux raises target to 20 euros from 19 euros
* TT Electronics TTG.L : INVESTC raises target price to 200p from 185p; rating buy
* Tui AG TUIT.L : UBS cuts target price to 1150p from 1230p; rating buy
* Tullow Oil Plc TLW.L : Stifel raises target price to 160p from 128p
* Ultra Electronics ULE.L : Barclays raises target to 1845p from 1735p; equal weight
* Ultra Electronics Holdings Plc ULE.L : Kepler Cheuvreux cuts target to 1930p from 2020p
* Unione Di Banche Italiane UBI.MI :Exane BNP Paribas cuts target by 12 pct to 3.60 euros
* Veidekke ASA VEI.OL : Swedbank raises target price to Nok 137 from Nok 110
* Veidekke ASA VEI.OL : Swedbank raises to buy from neutral
* Vestas VWS.CO : Handelsbanken Capital Markets raises target to Dkk 580 from Dkk 570;buy
* Viscom V6CG.DE : Matelan Research raises fair value to 15.5 euros from 14.9 euros; buy
* Volga Gas Plc VGAS.L : Stifel raises target price to 62p from 50p
* Wentworth Resources Ltd WRLW.L : Stifel raises target price to 42p from 38p; rating buy
* Zalando SE ZALG.DE : DZ Bank raises target price to 46.00 euros from 45.00 euros; buy
* Zalando SE ZALG.DE : RBC raises target price to 40 euros from 38 euros; outperform
* Zurich Insurance Group ZURN.S : Berenberg raises target to Sfr 258 from Sfr 255; hold
(Compiled by Geetha Panchaksharam and Tenzin Pema in Bengaluru)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/