Europe Research Roundup: Fortum Oyj, Kaz Minerals, Randgold Resources

Centiel AG

08/02/2018 07:34

Feb 8 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Fortum Oyj, Kaz Minerals & Randgold Resources, on Thursday.  
     
    HIGHLIGHTS 
     * Fortum Oyj  FORTUM.HE : Evli raises to buy from hold 
     * Kaz Minerals Plc  KAZ.L : Barclays raises to overweight from equal weight 
     * Randgold Resources Ltd  RRS.L : HSBC raises to buy from hold 
     * TLG Immobilien AG  TLGG.DE : HSBC cuts to hold from buy 
  
Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order. 
 
     * Bell Food Group  BELL.S : Credit Suisse starts with underperform rating; SFR 405 target  
     * BT Group Plc  BT.L : Bernstein cuts target price to 295p from 355p 
     * Carlsberg  CARLb.CO : Credit Suisse raises target price to DKK 650 from DKK 620 
     * Carlsberg  CARLb.CO : Jefferies cuts target price to DKK 675 from DKK 700; rating hold 
     * Clariant AG  CLN.S : Barclays raises target price to SFR 22.50 from SFR 22 
     * Daimler AG  DAIGn.DE : Barclays raises price target to 82 euros from 81 euros 
     * Dia  DIDA.MC : Jefferies cuts target price to EUR 3.90 from EUR 4.90 
     * Emmi AG  EMMN.S : Credit Suisse starts with outperform rating; SFR 790 target price 
     * Fortum Oyj  FORTUM.HE : Evli cuts target price to EUR 18 from EUR 19 
     * Fortum Oyj  FORTUM.HE : Evli raises to buy from hold 
     * H&M  HMb.ST : HSBC cuts target price to SEK 125 from SEK 155; rating reduce 
     * Hannover Rueck SE  HNRGn.DE : Barclays raises target to 105.60 euros from 105.40 euros 
     * Hexagon  HEXAb.ST : Barclays raises price target to SEK 530 from SEK 450 
     * Hochdorf Holding AG  HOCN.S : Credit Suisse starts with neutral rating; SFR 290 target  
     * Intesa Sanpaolo SpA  ISP.MI : CFRA Research raises target to 3.50 euros from 3.10 euros 
     * Kaz Minerals Plc  KAZ.L : Barclays raises to overweight from equal weight 
     * Kaz Minerals Plc  KAZ.L : Barclays raises target price to 1015p from 940p 
     * Lanxess AG  LXSG.DE : Barclays raises target price to EUR 66 from EUR 64 
     * Lundbeck  LUN.CO : Jefferies cuts target price to DKK 290 from DKK 300; rating hold 
     * Mail.Ru Group Ltd  MAILRq.L : Morgan Stanley raises price target to $39 from $36 
     * Orion Oyj  ORNBV.HE : Credit Suisse cuts target price to EUR 31 from EUR 33 
     * Orion Oyj  ORNBV.HE : Inderes cuts target price to EUR 28.00 from EUR 35.00; reduce 
     * Osram Licht AG  OSRn.DE : Canaccord Genuity raises target price to EUR 70 from EUR 65 
     * Osram Licht AG  OSRn.DE : Jefferies cuts target price to EUR 100 from EUR 105; buy 
     * Osram Licht AG  OSRn.DE : Morgan Stanley raises price target to 55 euros from 54.50 euros 
     * Randgold Resources Ltd  RRS.L : HSBC cuts target price to 7700p from 7800p 
     * Randgold Resources Ltd  RRS.L : HSBC raises to buy from hold 
     * Redrow Plc  RDW.L : Barclays raises price target to 658p from 650p 
     * Roche Holding AG  ROG.S : HSBC cuts target price to SFR 201 from SFR 205; rating reduce 
     * Sberbank  SBER.MM : Morgan Stanley raises price target to 360 Roubles from 353 Roubles 
     * Smurfit Kappa Group  SKG.I : Credit Suisse raises target to 36.50 euros from 34 euros 
     * Stagecoach Group Plc  SGC.L : RBC cuts target price to 185p from 225p 
     * Statoil ASA  STL.OL : Barclays raises price target to NOK 180 from NOK 165 
     * Statoil ASA  STL.OL : Jefferies raises price target to NOK 140 from NOK 130 
     * The Swatch Group AG  UHR.S : Credit Suisse raises target price to SFR 500 from SFR 490 
     * Tlg Immobilien AG  TLGG.DE : HSBC cuts to hold from buy 
     * Tlg Immobilien AG  TLGG.DE : HSBC raises target price to 22.5 euros from 22 euros 
     * Vestas  VWS.CO : Barclays cuts price target to DKK 485 from DKK 505 
     * Vopak NV  VOPA.AS : Jefferies cuts target price to EUR 35 from EUR 40 
     * VTB  VTBR.MM : Aton upgrades to hold from sell; target price RUB 0.064 
  
        
 
 (Compiled by Bengaluru Newsroom) 
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Keywords: RESEARCH EUROPE/