Europe Research Roundup: Aker BP ASA, Cairn Energy, Sainsbury

Cembra Money Bank AG

16/03/2020 07:47

March 16 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aker BP ASA, Cairn Energy and Sainsbury, on Monday. 
    
    HIGHLIGHTS  
     * Aker BP ASA  AKERBP.OL : RBC raises to outperform from sector perform
     * Cairn Energy Plc  CNE.L : RBC raises to outperform from sector perform
     * Carrefour  CARR.PA : Jefferies raises to buy from hold
     * HSBC  HSBA.L : Citigroup raises to neutral from sell
     * Sainsbury  SBRY.L : 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. 
    
     * Aker BP ASA  AKERBP.OL : RBC raises to outperform from sector perform
     * Aker BP ASA  AKERBP.OL : RBC cuts target price to NOK 190 from NOK 300
     * Akzo Nobel NV  AKZO.AS : Jefferies cuts target price to EUR 89 from EUR 111
     * Anglo American  AAL.L : JP Morgan cuts target price to 2,650p from 2,750p
     * BASF SE  BASFn.DE : Jefferies cuts target price to EUR 45 from EUR 58
     * BP  BP.L : RBC cuts to underperform from outperform; cuts price target to 275p from 550p
     * Cairn Energy Plc  CNE.L : RBC raises to outperform from sector perform
     * Cairn Energy Plc  CNE.L : RBC cuts target price to 120p from 200p
     * Carrefour  CARR.PA : Jefferies raises to buy from hold
     * Carrefour  CARR.PA : JP Morgan raises target price to EUR 16 from EUR 15
     * Carrefour  CARR.PA : JP Morgan raises to neutral from underweight
     * Cembra Money Bank AG  CMBN.S : Credit Suisse cuts target price to CHF 110 from CHF 128
     * Daily Mail and General Trust  DMGOa.L :Credit Suisse cuts target price to 757p from 940p
     * Deutsche Lufthansa AG  LHAG.DE : Credit Suisse cuts TP to EUR 15.45 from EUR 20.25
     * ENI  ENI.MI : RBC cuts to underperform from sector perform; cuts TP to EUR 6 from EUR 15
     * Enquest Plc  ENQ.L : RBC cuts to underperform from sector perform;cuts TP to 1p from 24p
     * Galp Energia SA  GALP.LS : RBC ups to outperform from sector perform; cuts TP to EUR 14 
     * HSBC  HSBA.L : Citigroup raises to neutral from sell
     * Hugo Boss AG  BOSSn.DE : Credit Suisse cuts target price to EUR 33 from EUR 43
     * Iliad  ILD.PA : JP Morgan cuts target price to EUR 178 from EUR 180
     * Inditex  ITX.MC : Credit Suisse cuts target price to EUR 21 from EUR 24
     * Italgas  IG.MI : Credit Suisse raises target price to EUR 5.70 from EUR 5.30
     * Koninklijke Ahold Delhaize NV  AD.AS : Jefferies raises to buy from hold
     * LSR Group  LSRGq.L : JP Morgan cuts target price to $1.8 from $2.7
     * Lundin Petroleum AB  LUPE.ST : RBC cuts to sector perform from outperform
     * Lundin Petroleum AB  LUPE.ST : RBC cuts target price to SEK 130 from SEK 340
     * OMV AG  OMVV.VI : Credit Suisse raises target price to EUR 39 from EUR 37.5
     * Pphe Hotel Group Ltd  PPH.L : Jefferies cuts target price to 2000p from 2200p
     * Sainsbury  SBRY.L : Jefferies raises to buy from hold
     * Shell  RDSb.L : RBC ups to outperform from sector perform; cuts TP to 1,700p from 2,600p
     * Standard Chartered  STAN.L : Citigroup ups to buy from neutral;cuts TP to 610p from 690p
     * Tullow Oil  TLW.L : RBC cuts to underperform from sector perform;cuts TP to 20p from 100p
    

 (Compiled by Bengaluru Newsroom)
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