Europe Research Roundup: Alior Bank, Coloplast, Credit Suisse Group

Centiel AG

27/11/2018 07:36

Nov 27 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Alior Bank, Coloplast and Credit Suisse Group, on Tuesday. 
    
  HIGHLIGHTS
     * Alior Bank  ALRR.WA : Morgan Stanley cuts to equal-weight from overweight
     * Coloplast  COLOb.CO : Barclays starts coverage with overweight rating
     * Credit Suisse Group AG  CSGN.S : Morgan Stanley cuts to equal-weight from overweight
     * Geberit AG  GEBN.S : Credit Suisse cuts to neutral from outperform
     * Pennon Group Plc  PNN.L : RBC cuts to sector perform from outperform
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
     * Admiral Group Plc  ADML.L : Morgan Stanley raises target price to 1,900p from 1,888p
     * Alior Bank  ALRR.WA : Morgan Stanley cuts to equal-weight from overweight
     * Alior Bank  ALRR.WA : Morgan Stanley cuts price target to PLN 63 from PLN 80.50
     * Arion Banki  ARIONsdb.ST : Morgan Stanley raises target price to SEK 7.30 from SEK 7
     * Ascential Plc  ASCL.L : Morgan Stanley starts coverage with equal-weight rating 
     * Ascential Plc  ASCL.L : Morgan Stanley starts coverage with price target of 430p
     * Barclays Plc  BARC.L : Morgan Stanley cuts target price to 210p from 225p
     * Coloplast  COLOb.CO : Barclays starts coverage with overweight rating
     * Coloplast  COLOb.CO : Barclays starts coverage with price target of DKK 685
     * Convatec Group Plc  CTEC.L : Barclays starts coverage with underweight rating
     * Convatec Group Plc  CTEC.L : Barclays starts coverage with price target of 150p
     * Credit Suisse Group AG  CSGN.S : Morgan Stanley cuts to equal-weight from overweight
     * Credit Suisse Group AG  CSGN.S : Morgan Stanley cuts target price to SFR 14 from SFR 18
     * Danske Bank  DANSKE.CO : Morgan Stanley cuts target price to DKK 168 from DKK 171
     * Direct Line Insurance Group Plc  DLGD.L : Morgan Stanley cuts TP to 360p from 407p
     * DNB ASA  DNB.OL : Morgan Stanley cuts target price to NOK 183 from NOK 187
     * Geberit AG  GEBN.S : Credit Suisse cuts to neutral from outperform
     * Geberit AG  GEBN.S : Credit Suisse cuts target price to SFR 420 from SFR 485
     * Hastings Group Holdings  HSTG.L : Morgan Stanley starts with equal-weight rating
     * Hastings Group Holdings  HSTG.L : Morgan Stanley starts coverage with 210p price target
     * Hexagon  HEXAb.ST : Exane BNP Paribas cuts to underperform from neutral
     * Hexagon  HEXAb.ST : Exane BNP Paribas cuts target price by 11 pct to SEK 410
     * Hikma Pharmaceuticals Plc  HIK.L : Jefferies raises to buy from hold
     * Hikma Pharmaceuticals Plc  HIK.L : Jefferies raises target price to 2,000p from 1,643p
     * Hochdorf Holding AG  HOCN.S : Credit Suisse cuts target price to SFR 120 from SFR 155
     * IMI Plc  IMI.L : Credit Suisse cuts target price to 1050p from 1250p
     * Mediclinic International Plc  MDCM.L : Credit Suisse cuts target price to 360p from 550p
     * Metro Bank Plc  MTRO.L : Morgan Stanley cuts target price to 2,300p from 3,200p
     * NMC Health Plc  NMC.L : Jefferies cuts to underperform from hold
     * NMC Health Plc  NMC.L : Jefferies cuts price target to 2,940p from 3,411p
     * OTP Bank Nyrt  OTPB.BU : Morgan Stanley raises PT to HUF 13,800 from HUF 13,200
     * Pekao SA  PEO.WA : Morgan Stanley raises target price to PLN 138 from PLN 135
     * Pennon Group Plc  PNN.L : RBC cuts to sector perform from outperform
     * Pennon Group Plc  PNN.L : RBC cuts target price to 800p from 925p
     * PKO BP  PKO.WA : Morgan Stanley raises target price to PLN 41.50 from PLN 40.50
     * Royal Bank of Scotland  RBS.L : Morgan Stanley cuts target price to 315p from 335p
     * Swedbank  SWEDa.ST : Morgan Stanley raises target price to SEK 225 from SEK 210
     * UBS Group AG  UBSG.S : Morgan Stanley cuts target price to SFR 17 from SFR 19
     * United Utilities Group Plc  UU.L : RBC cuts target price to 950p from 1050p
     * WPP Plc  WPP.L : Credit Suisse cuts target price to 900p from 1000p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))