Europe Research Roundup: Auto Trader Group, Flughafen Zuerich, H&M
09/01/2019 07:21
Jan 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Auto Trader Group, Flughafen Zuerich and H&M, on Wednesday.
HIGHLIGHTS
* Auto Trader Group Plc AUTOA.L : Jefferies initiates with hold rating
* Flughafen Zuerich AG FHZN.S : Barclays raises to overweight from equal weight
* H&M HMb.ST : Jefferies cuts price target to SEK 135 from SEK 145
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* 888 Holdings Plc 888.L : Canaccord Genuity cuts price target to 285p from 300p
* Abcam Plc ABCA.L : Peel Hunt raises to buy from hold; cuts target to 1,330p from 1,350p
* Aker BP ASA AKERBP.OL : Berenberg cuts target price to NOK 240 from NOK 300
* Auto Trader Group Plc AUTOA.L : Jefferies initiates with hold rating
* BAE Systems Plc BAES.L : Berenberg cuts target price to 590p from 700p
* BP Plc BP.L : Berenberg cuts target price to 600p from 665p
* BP Plc BP.L : Morgan Stanley cuts target price to 595p from 650p
* Cairn Energy Plc CNE.L : Berenberg cuts target price to 190p from 240p
* Coltene Holding AG CLTN.S : Credit Suisse cuts target price to SFR 95 from SFR 114.2
* Danske Bank DANSKE.CO : Kepler Cheuvreux cuts target price to DKK 174 from DKK 180
* DCC Plc DCC.L : Stifel cuts price target to 7890p from 9230p
* Equinor ASA EQNR.OL : Berenberg cuts target price to NOK 220 from NOK 250
* Equinor ASA EQNR.OL : Morgan Stanley cuts target price to NOK 215 from NOK 233
* Essity AB (Publ) ESSITYb.ST : BofA Merrill raises target price to SEK 270 from SEK 230
* Essity AB (Publ) ESSITYb.ST : BofA Merrill raises to buy from neutral
* Flughafen Zuerich AG FHZN.S : Barclays cuts target price to SFR 190 from SFR 222
* Flughafen Zuerich AG FHZN.S : Barclays raises to overweight from equal weight
* Galenica AG GALE.S : Credit Suisse cuts target price to SFR 51 from SFR 57
* H&M HMb.ST : Jefferies cuts price target to SEK 135 from SEK 145
* HSBC Holdings Plc HSBA.L : Barclays cuts target price to 640p from 740p
* HSBC Holdings Plc HSBA.L : Barclays cuts to underweight from equal weight
* Lafargeholcim Ltd LHN.S : Davy raises to neutral from underperform
* Lancashire Holdings Ltd LRE.L : Canaccord Genuity cuts price target to 665p from 675p
* Lloyds Banking Group Plc LLOY.L : Barclays cuts target price to 85p from 90p
* Lundin Petroleum AB LUPE.ST : Berenberg cuts target price to SEK 285 from SEK 340
* Medicx Fund Ltd MXF.L : Stifel cuts to sell from hold; cuts target to 69p from 85p
* Nostrum Oil & Gas Plc NOGN.L : Berenberg cuts target price to 200p from 260p
* Orsted A/S ORSTED.CO : RBC raises price target to DKK 510 from DKK 490
* Premier Oil Plc PMO.L : Berenberg cuts target price to 90p from 140p
* Relx Plc REL.L : Kepler Cheuvreux cuts target price to 1780p from 1900p
* Royal Bank of Scotland RBS.L : Barclays cuts target price to 320p from 340p
* Scatec Solar ASA SSOL.OL : Kepler Cheuvreux raises target price to NOK 71 from NOK 68
* Schroders Plc SDR.L : JP Morgan cuts target price to 3,000p from 3,100p
* Serco Group Plc SRP.L : Citigroup raises to buy rating
* SGS SA SGSN.S : Kepler Cheuvreux cuts target price to SFR 2390 from SFR 2600
* Shoe Zone Plc SHOE.L : Finncap raises target price to 230p
* Sika AG SIKA.S : Credit Suisse raises target price to SFR 161 from SFR 156.67
* Softcat Plc SCTS.L : Credit Suisse raises price target to 664p from 660p
* Standard Chartered Plc STAN.L : Barclays cuts target price to 585p from 600p
* STMicroelectronics NV STM.PA : Credit Suisse cuts target price to EUR 18 from EUR 20
* Storebrand ASA STB.OL : Kepler Cheuvreux raises to hold from reduce
* Sulzer AG SUN.S : Kepler Cheuvreux cuts target price to SFR 86 from SFR 108
* Telenor ASA TEL.OL : JP Morgan cuts target price to NOK 177 from NOK 178
* Temenos AG TEMN.S : Barclays cuts target price to SFR 96 from SFR 110
* Tullow Oil Plc TLW.L : Berenberg cuts target price to 230p from 240p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))