Europe Research Roundup: Danske Bank, Antofagasta, Barclays, Atlas Copco
06/05/2014 14:56
May 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Royal Bank Of Scotland and Barclays Plc, on Tuesday.
HIGHLIGHTS
* Antofagasta ANTO.L : RBC raises to outperform from sector perform
* Atlas Copco ATCOa.ST : Citigroup raises to buy from sell; target to Sek 233 from Sek 145
* Danske Bank DANSKE.CO : Credit Suisse raises to outperform from neutral
* Royal Bank Of Scotland Group RBS.L : Citigroup, SocGen, others raise target price
* Barclays Plc BARC.L : Numis cuts to hold from add rating
* U.K. Homebuilding: Barclays raises Bellway BWY.L to equal weight ID:nWNBB04B1R
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* 3I Group Plc III.L : Citigroup raises price target to 410p from 366p; rating buy
* Aberdeen Asset ADN.L : Canaccord Genuity cuts to hold rating
* Adidas AG ADSGn.DE : Commerzbank cuts target price to 90 euros from 93 euros; rating buy
* Aegon NV AEGN.AS : Kepler Cheuvreux raises target to 7.60 euros from 7.20 euros; buy
* African Barrick Gold ABGL.L : Goldman Sachs raises target to 210p from 140p; rating sell
* Aker Solutions ASA AKSO.OL : Credit Suisse raises to outperform from neutral
* Aker Solutions ASA AKSO.OL : Credit Suisse raises target price to Nok 120 from Nok 100
* Alior Bank ALRR.WA : JP Morgan raises target to Pln 80 from Pln 69; rating underweight
* Alstom SA ALSO.PA : Berenberg raises target to 33.60 euros from 32.90 euros; rating buy
* Alstom SA ALSO.PA : JP Morgan raises target to 33 euros from 23 euros; rating neutral
* Amadeus AMA.MC : Natixis raises to buy from neutral
* Antofagasta PLC ANTO.L : RBC raises to outperform from sector perform
* Aperam SA APAM.AS : JP Morgan raises target to 20.50 euros from 14.50 euros; neutral
* Atlantia ATL.MI : SocGen raises target price to 21.9 euros from 19 euros; rating buy
* Atlas Copco ATCOa.ST : Citigroup raises to buy from sell
* Atlas Copco ATCOa.ST : Citigroup raises price target to Sek 233 from Sek 145
* Balfour Beatty PLC BALF.L : Liberum cuts target price to 280p from 350p; rating buy
* Balfour Beatty PLC BALF.L : Numis cuts target price to 260p; rating add
* Banca Popolare PMII.MI : Kepler Cheuvreux cuts target to 0.53 euros; rating reduce
* Banco DE Sabadell SABE.MC : Natixis raises target to 2.45 euros from 2.10 euros; neutral
* Banco Popolare BAPO.MI : Deutsche Bank cuts target to 17 euros from 20 euros; rating buy
* Barclays Plc BARC.L : Numis cuts to hold from add rating
* Barratt Developments BDEV.L : Barclays raises target to 501.2p from 471.2p; overweight
* Bellway BWY.L : Barclays raises to equal weight from underweight rating
* Bellway BWY.L : Barclays raises price target to 1750p from 1696p
* Bovis Homes Group BVS.L : Barclays raises target price to 885.3p from 835.4p; underweight
* BP BP.L : Morgan Stanley raises target price to 530p from 525p; rating equalweight
* Brewin Dolphin BRW.L : Panmure starts with buy rating
* Brewin Dolphin BRW.L : Panmure starts with target price of 400p
* Brit BRIT.L : Canaccord Genuity starts with buy; price target of 255p
* British Land Company BLND.L : HSBC raises target to 820p from 814p; rating overweight
* Brunel International BRUN.AS : ING cuts to hold from buy rating
* Caixabank SA CABK.MC : Natixis raises target to 5.35 euros from 5.15 euros; rating buy
* Credem EMBI.MI : Deutsche Bank raises target to 7.10 euros from 6.60 euros; rating hold
* CTT Correios De Portugal CTT.LS : JP Morgan raises target to 9.40 euros from 8.50 euros
* Danske Bank DANSKE.CO : Credit Suisse raises to outperform from neutral
* Danske Bank DANSKE.CO : Credit Suisse raises price target to Dkk 172 from Dkk 131
* Davide Campari Milano CPRI.MI : Citigroup cuts target to 7.10 euros from 7.37 euros; buy
* Direct Line DLGD.L : Deutsche Bank cuts target price to 290p from 300p
* DMG Mori Seiki AG GILG.DE : ESN/Equinet Bank raises to buy from accumulate
* ENI ENI.MI : Morgan Stanley raises target price to 20 euros from 18 euros; equalweight
* Erste Bank ERST.VI : Wood Company starts with buy rating; price target of 28.8 euros
* Fastnet Oil & Gas FASTF.L : Cantor cuts target price to 19p from 28p; rating buy
* Fielmann AG FIEG.DE : DZ Bank raises target price to 94 euros from 92 euros; rating hold
* Fresnillo FRES.L : Goldman Sachs cuts target price to 785p
* Fuchs Petrolub FPEG_p.DE : Deutsche Bank raises target to 62 euros from 55 euros; hold
* Fuchs Petrolub FPEG_p.DE : Commerzbank cuts to reduce from hold
* Fuchs Petrolub FPEG_p.DE : Commerzbank raises target price to 66 euros from 56 euros
* Galliford GFRD.L : Barclays raises target price to 1350.7p from 1207.7p; equal weight
* Garanti GARAN.IS : JP Morgan raises target to Tl 7.50 from Tl 6.50; rating underweight
* Glencore Xstrata PLC GLEN.L : Investec cuts target price to 302p from 305p; rating reduce
* Grupa Lotos LTSP.WA : SocGen raises to hold from sell rating
* Grupa Lotos LTSP.WA : SocGen raises target price to Pln 39.3 from Pln 35.7
* Hannover Re HNRGn.DE : Kepler Cheuvreux starts with reduce; target price 60 euros
* Hansard Global HSD.L : Panmure cuts to hold from buy
* Hansard Global HSD.L : Panmure cuts target price to 105p from 130p
* Holcim Ltd HOLN.VX : Exane BNP Paribas cuts target to Sfr 93 from Sfr 96; outperform
* Howden Joinery HWDN.L : Peel Hunt raises to buy from hold
* Howden Joinery HWDN.L : Peel Hunt raises price target to 375p from 370p
* Husqvarna AB HUSQb.ST : Kepler Cheuvreux raises target to Sek 42 from Sek 40; reduce
* Immofinanz IMFI.VI : HSBC cuts price to 3.54 euros from 4.40 euros; rating overweight
* Intercontinental Hotels IHG.L : Morgan Stanley ups target to 2400p from 2200p;overweight
* Intercontinental Hotels IHG.L : UBS cuts to neutral from buy
* Intercontinental Hotels IHG.L : UBS raises price target to 2225p from 2200p
* Intercontinental Hotels IHG.L : Deutsche Bank raises target price to 2,365p from 2,250p
* Investment Kinnevik KINVb.ST : Kepler Cheuvreux cuts to hold from buy
* Investment Kinnevik KINVb.ST : Kepler Cheuvreux cuts target to Sek 250 from Sek 265
* Laird Plc LRD.L : UBS cuts price target to 300p from 305p; rating neutral
* Lancashire Holdings LRE.L : Berenberg cuts target price to 720p from 786p; hold
* Lanson BCC SA LAN.PA : Natixis raises target price to 47 euros; rating buy
* Linde AG LING.DE : ESN/Equinet Bank cuts to hold from accumulate
* Lloyds Banking LLOY.L : Berenberg raises target price to 55p from 50p; rating sell
* Lundbeck A/S LUN.CO : Nordea Equity Research cuts to sell from hold
* M6 MMTP.PA : SocGen cuts target price to 19 euros from 20 euros; rating buy
* M6 MMTP.PA : ESN/CM - CIC Securities raises to hold from reduce
* Mapfre SA MAP.MC : Exane BNP Paribas ups target to 2.9 euros from 2.8 euros; underperform
* Melrose Industries Plc MRON.L : Numis raises to hold from reduce rating
* Mothercare Plc MTC.L :