Europe Research Roundup: Anglo American, Redrow, SAP

Cembra Money Bank AG

25/02/2020 07:09

Feb 25 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Anglo American, Redrow and SAP on Tuesday. 
    
    HIGHLIGHTS
     * Anglo American  AAL.L : Barclays raises to overweight from equal weight
     * Redrow Plc  RDW.L : Jefferies raises to buy from hold; raises target to 981p from 885p
     * SAP SE  SAPG.DE : Barclays raises target price to EUR 150 from EUR 125
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
  
     * Allianz SE  ALVG.DE : RBC raises target price to EUR 219 from EUR 215
     * Anglo American  AAL.L : Barclays raises to overweight from equal weight
     * Anglo American  AAL.L : Barclays raises target price to 2800p from 2000p
     * Anglo Pacific Group Plc  APF.L : RBC initiates with outperform rating and PT of 240p
     * Barkeley  BKGH.L : Jefferies raises target price to 6,315p from 5,981p
     * Barratt  BDEV.L : Jefferies raises target price to 861p from 854p
     * Bellway Plc  BWY.L : Jefferies raises target price to 4,801p from 4,395p
     * Cembra Money Bank AG  CMBN.S : Credit Suisse raises target price to CHF 128 from CHF 120
     * Codemasters Group Holdings Plc  CDM.L : Peel Hunt raises target price to 375p from 310p
     * Countryside Properties Plc  CSPC.L : Jefferies raises target price to 637p from 620p
     * Crest Nicholson Holdings Plc  CRST.L : Jefferies raises target price to 481p from 449p
     * EDF  EDF.PA : Goldman Sachs upgrades to buy vs neutral
     * Henkel AG & Co KGaA  HNKG_p.DE : RBC raises target price to EUR 91 from EUR 87
     * Morgan Sindall Group Plc  MGNS.L : Jefferies raises target price to 2,160p from 1,850p
     * Persimmon  PSN.L : Jefferies raises target price to 4,087p from 3,128p
     * Reach Plc  RCH.L : Barclays raises target price to 170p from 125p
     * Redrow Plc  RDW.L : Jefferies raises to buy from hold; raises target to 981p from 885p
     * Remy Cointreau  RCOP.PA : Jefferies cuts target price to EUR 95 from EUR 115
     * SAP SE  SAPG.DE : Barclays raises target price to EUR 150 from EUR 125
     * Softcat Plc  SCTS.L : Peel Hunt initiates with buy rating and price target of 1,407p
     * Taylor Wimpey  TW.L : Jefferies raises target price to 241p from 198p
     * Valiant Holding AG  VATN.S : Credit Suisse cuts target price to CHF 101 from CHF 115
     * Vistry Group Plc  VTYV.L : Jefferies cuts target price to 1,375p from 1,381p
  

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))