Europe Research Roundup: Statoil, ArcelorMittal, Sulzer

COLTENE Holding AG

04/05/2015 07:11

May 4 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Grupa Lotos and Coltene, on Monday.  
     
    HIGHLIGHTS 
    * Statoil  STL.OL : SocGen raises to hold from sell 
    * Sulzer  SUN.S : Credit Suisse raises to neutral from underperform 
    * Grupa Lotos  LTSP.WA : SocGen cuts to hold from buy     
    * Coltene  CLTN.S : Credit Suisse cuts to underperform from outperform 
    * ArcelorMittal  ISPA.AS : ING cuts price target to 12 euros from 13 euros; rating buy 
                   
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.   
     
    * Africa Oil  AOIC.ST : Swedbank cuts price target to Sek 28 from Sek 30; rating buy 
    * Air France  AIRF.PA : SocGen cuts target price to 9.5 euros from 10 euros; rating buy 
    * ArcelorMittal  ISPA.AS : ING cuts price target to 12 euros from 13 euros; rating buy 
    * Assa Abloy  ASSAb.ST : Credit Suisse ups target to Sek 540 from Sek 500; rating outperform 
    * Binckbank  BINCK.AS : ING raises price target to 9.50 euros from 7 euros; rating hold 
    * Boiron  BOIR.PA : SocGen raises target price to 100 euros from 95 euros; rating hold 
    * Coltene  CLTN.S : Credit Suisse cuts to underperform from outperform 
    * Continental  CONG.DE : HSBC revises price target to 230 euros from 170 euros; rating hold 
    * DO Deutsche Office  PMOX.DE : Berenberg ups price target to 5.40 euros from 4.10 euros;buy 
    * Evolva  EVE.S : Credit Suisse ups price target to Sfr 2.25 from Sfr 2; rating outperform 
    * Georg Fischer  FIN.S : Credit Suisse ups target to Sfr 780 from Sfr 760; rating outperform 
    * Grontmij  GRONc.AS : ING raises price target to 4 euros from 3.60 euros; rating hold 
    * Grupa Lotos  LTSP.WA : SocGen cuts to hold from buy 
    * Public Power  DEHr.AT : HSBC revises target to 6.5 euros from 10.4 euros; rating hold 
    * Sandvik  SAND.ST : SocGen raises target price to Sek 87 from Sek 82; rating sell 
    * Sanofi  SASY.PA : Leerink raises target to 110 euros from 106 euros; rating outperform 
    * Sonova  SOON.VX : Credit Suisse raises target to Sfr 160 from Sfr 150; rating outperform 
    * Statoil  STL.OL : SocGen raises to hold from sell 
    * Store Electronic  SESL.PA : SocGen raises to buy from hold 
    * Sulzer  SUN.S : Credit Suisse raises to neutral from underperform 
    * Svenska Handelsbanken  SHBa.ST : Credit Suisse ups target to Sek 359 from Sek 351; neutral 
    * Sulzer  SUN.S : Credit Suisse raises price target to Sfr 105 from Sfr 102 
    * Tag Immobilien  TEGG.DE : Berenberg raises target to 13 euros from 12 euros; rating buy 
 
 
 (Compiled by Tenzin Pema in Bengaluru) 
 ((tenzin.pema@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. + 91 80 6749 6131; 
Reuters Messaging: tenzin.pema1.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/