Europe Research Roundup: Anglo American, Inditex, Kingspan Group
23/04/2020 08:34
April 23 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Anglo American, Inditex and Kingspan Group on Thursday.
HIGHLIGHTS
* Anglo American AAL.L : Societe Generale raises to buy rating
* BHP BHPB.L : Societe Generale raises to buy rating
* Inditex ITX.MC : Jefferies raises to buy from hold
* Just Group Plc JUSTJ.L : Deutsche Bank cuts to sell from hold
* Kingspan Group Plc KSP.L : HSBC raises to buy from hold
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.
* AB Foods ABF.L : Jefferies cuts target price to 2330p from 3020p
* ABN Amro Bank NV ABNd.AS : Deutsche Bank cuts target price to EUR 8 from EUR 17
* Accor ACCP.PA : Deutsche Bank cuts target price to EUR 30.4 from EUR 32
* Acerinox SA ACX.MC : Jefferies cuts target price to EUR 11 from EUR 11.3
* Adidas AG ADSGn.DE : Jefferies cuts target price to EUR 220 from EUR 270
* Allianz SE ALVG.DE : RBC cuts target price to EUR 163 from EUR 165
* Anglo American AAL.L : Societe Generale adds stock to its preferred list
* Anglo American AAL.L : Societe Generale raises to buy rating
* Aperam SA APAM.AS : Jefferies cuts target price to EUR 31 from EUR 32
* Arcelormittal SA MT.AS : Jefferies cuts target price to EUR 14 from EUR 15
* Aviva AV.L : Deutsche Bank cuts target price to 370p from 460p
* Banca Monte Dei Paschi Di Siena SpA BMPS.MI : Deutsche Bank cuts TP to EUR 1 from EUR 1.6
* Banco Bpm BAMI.MI : Deutsche Bank cuts target price to EUR 1.3 from EUR 2.4
* Bankia BKIA.MC : Deutsche Bank cuts target price to EUR 1.34 from EUR 2
* Bankinter SA BKT.MC : Deutsche Bank cuts target price to EUR 5.1 from EUR 6.8
* Barclays BARC.L : HSBC cuts target price to 160p from 180p
* Bawag Group AG BAWG.VI : HSBC cuts target price to EUR 42 from EUR 46
* BBVA BBVA.MC : Deutsche Bank cuts target price to EUR 4.05 from EUR 5.6
* Beazley Plc BEZG.L : RBC cuts target price to 450p from 525p
* BHP BHPB.L : Societe Generale raises to buy rating
* Boliden AB BOL.ST : RBC raises target price to SEK 225 from SEK 210
* BP BP.L : HSBC cuts target price to 400p from 425p
* Buzzi Unicem BZU.MI : HSBC raises target price to EUR 25 from EUR 24
* Caixabank CABK.MC : Deutsche Bank cuts target price to EUR 2.67 from EUR 3.25
* Cogelec SA : Midcap Partners cuts target price to EUR 6.2 from EUR 8.1; buy
* Commerzbank AG CBKG.DE : Citigroup cuts price target to EUR 3.5 from EUR 6.8
* Consti Oyj CONSTI.HE : Inderes cuts target price to EUR 7.50 from EUR 8.50; increase
* Consti Oyj CONSTI.HE : Evli cuts target price to EUR 7.2 from EUR 8
* Continental AG CONG.DE : Citigroup raises price target to EUR 71 from EUR 63
* Credito Emiliano SpA EMBI.MI : Deutsche Bank cuts target price to EUR 3.8 from EUR 5.5
* CRH Plc CRH.I : HSBC cuts target price to EUR 34 from EUR 36
* Dalet SA DALE.PA : Midcap Partners cuts target price to EUR 15 from EUR 17; rating buy
* Damartex SA ALDAR.PA : Portzamparc cuts to reduce from hold, cuts TP to EUR 10.0
* Danone DANO.PA : Jefferies raises target price to EUR 70 from EUR 68.75
* Dormakaba Holding AG DOKA.S : Credit Suisse cuts target price to CHF 660 from CHF 790
* Drax Group Plc DRX.L : HSBC cuts target price to 310p from 375p
* Elisa Oyj ELISA.PA : Inderes raises target price to EUR 45.0 from EUR 42.0; sell
* ENI ENI.MI : HSBC cuts target price to EUR 9.3 from EUR 9.4
* Equinor ASA EQNR.OL : HSBC cuts to hold from buy; raises TP to NOK 140 from NOK 133
* Ericsson ERICb.ST : Citigroup raises price target to SEK 98 from SEK 88
* Erste Group Bank AG ERST.VI : HSBC cuts target price to EUR 26 from EUR 29
* Essilorluxottica SA ESLX.PA : Jefferies cuts target price to EUR 110 from EUR 120
* Euronext NV ENX.PA : Citigroup raises price target to EUR 87 from EUR 79
* Fevertree Drinks Plc FEVR.L : Citigroup raises price target to 1430p from 1250p
* Fevertree Drinks Plc FEVR.L : JP Morgan raises target price to 1,260p from 1,050p
* Fresenius SE FREG.DE : JP Morgan raises target price to EUR 61.40 from EUR 59.40
* Geberit AG GEBN.S : HSBC cuts target price to CHF 445 from CHF 500
* Getinge GETIb.ST : JP Morgan raises target price to SEK 153 from SEK 150
* Gjensidige Forsikring ASA GJFS.OL : Credit Suisse raises TP to NOK 211 from NOK 208
* H&M HMb.ST : Jefferies cuts target price to SEK 140 from SEK 190
* Handelsbanken SHBa.ST : Deutsche Bank raises target price to SEK 100 from SEK 97
* Handelsbanken SHBa.ST : JP Morgan cuts target price to SEK 70 from SEK 77
* Hannover Rueck SE HNRGn.DE : RBC cuts target price to EUR 148 from EUR 150
* Hargreaves Lansdown HRGV.L : Deutsche Bank cuts target price to 1325p from 1725p
* Hargreaves Lansdown HRGV.L : Deutsche Bank cuts to sell from hold
* Heidelbergcement AG HEIG.DE : HSBC cuts target price to EUR 65 from EUR 70
* Heineken NV HEIN.AS : Credit Suisse cuts target price to EUR 83 from EUR 103
* Hella HLE.DE : Citigroup raises price target to EUR 31 from EUR 25
* Hiscox Ltd HSX.L : RBC cuts target price to 875p from 1,075p
* Inditex ITX.MC : Jefferies raises to buy from hold
* Ingenico Group SA INGC.PA : Jefferies raises target price to EUR 106 from EUR 102
* Intesa Sanpaolo SpA ISP.MI : Deutsche Bank cuts target price to EUR 1.7 from EUR 3
* Just Group Plc JUSTJ.L : Deutsche Bank cuts target price to 55p from 70p
* Just Group Plc JUSTJ.L : Deutsche Bank cuts to sell from hold
* Kingspan Group Plc KSP.L : HSBC raises to buy from hold
* Kingspan Group Plc KSP.L : HSBC cuts target price to EUR 55 from EUR 60
* Kone Oyj KNEBV.HE : Inderes raises target price to EUR 46.0 from EUR 42.0; rating sell
* Lafargeholcim Ltd LHN.S : HSBC raises to buy from hold; cuts TP to CHF 43 from CHF 50
* Lancashire Holdings Ltd LRE.L : RBC cuts target price to 725p from 775p
* Legal & General Group Plc LGEN.L : Deutsche Bank cuts target price to 295p from 335p
* Liberbank SA LBK.MC : Deutsche Bank cuts target price to EUR 0.25 from EUR 0.4
* Lloyds LLOY.L : HSBC cuts target price to 43p from 48p
* Luceco Plc LUCEL.L : Liberum cuts target price to 140p from 170p
* M&G MNG.L : Deutsche Bank cuts target price to 200p from 295p
* Maurel Et Prom MAUP.PA : Midcap Partners cuts TP to EUR 1.8 from EUR 2.0; neutral
* Mediobanca MDBI.MI : Deutsche Bank cuts target price to EUR 7.5 from EUR 11.8
* Michelin MICP.PA : Citigroup raises price target to EUR 84 from EUR 76
* Munich Re MUVGn.DE : RBC cuts target price to EUR 223 from EUR 230
* Phoenix PHNX.L : Deutsche Bank cuts target price to 690p from 760p
* Plc Uutechnic Group UUTEC.HE : Inderes cuts TP to EUR 0.30 from EUR 0.36; reduce
* Prosiebensat 1 Media SE PSMGn.DE : JP Morgan ups target price to EUR 14.60 from EUR 12.87
* Puma SE PUMG.DE : Jefferies cuts target price to EUR 68 from EUR 92
* Repsol REP.MC : HSBC cuts target price to EUR 9.75 from EUR 9.9
* Revenio Group REG1V.HE : Inderes cuts to increase from buy; ups TP to EUR 25 from EUR 24
* Riber SA RIBE.PA : Portzamparc cuts target price to EUR 1.2 from EUR 1.7; rating sell
* Roche Holding AG ROG.S : JP Morgan raises target price to CHF 400 from CHF 375
* Rockwool International A/S ROCKb.CO : HSBC cuts target price to DKK 2100 from DKK 2300
* Royal Bank of Scotland RBS.L : HSBC cuts target price to 140p
* Sabadell SABE.MC : Deutsche Bank cuts target price to EUR 0.55 from EUR 1.07
* Safran SAF.PA : Credit Suisse cuts to neutral from outperform; cuts TP to EUR 84 from EUR 158
* Saint-Gobain SGOB.PA : HSBC cuts target price to EUR 36 from EUR 42
* Santander SAN.MC : Deutsche Bank cuts target price to EUR 2.98 from EUR 3.9
* Sartorius AG SATG.DE : Deutsche Bank raises target price to EUR 230 from EUR 200
* Schroders SDR.L : Canaccord Genuity cuts target price to 2539p from 3270p
* Shell RDSa.L : HSBC cuts target price to 1575p from 1580p
* Shell RDSb.L : HSBC cuts target price to 1545p from 1560p
* Sika AG SIKA.S : HSBC cuts to hold from buy; cuts target price to CHF 181 from CHF 182
* Sika AG SIKA.S : Jefferies cuts target price to CHF 200.20 from CHF 210.30
* SSAB AB SSABa.ST : Jefferies cuts target price to SEK 29 from SEK 30
* St. James's Place SJP.L : Deutsche Bank cuts target price to 930p from 1140p
* Stagecoach Group Plc SGC.L : Deutsche Bank cuts target price to 90p from 155p
* Standard Life Aberdeen SLA.L : Deutsche Bank cuts target price to 265p from 320p
* STMicroelectronics NV STM.PA : Credit Suisse cuts target price to EUR 25.5 from EUR 26
* STMicroelectronics NV STM.PA : Deutsche Bank cuts target price to EUR 26 from EUR 28
* Tele2 AB TEL2b.ST : Citigroup cuts price target to SEK 145 from SEK 153
* Tele2 AB TEL2b.ST : Deutsche Bank cuts target price to SEK 117 from SEK 122
* Tenaris TENR.MI : Jefferies cuts target price to EUR 7.25 from EUR 7.5
* ThyssenKrupp TKAG.DE : Jefferies cuts target price to EUR 10.5 from EUR 11.25
* Ti Fluid Systems Plc TIFS.L : Citigroup raises price target to 150p from 140p
* Total SA TOTF.PA : HSBC cuts target price to EUR 38 from EUR 39
* UBI Banca UBI.MI : Deutsche Bank cuts target price to EUR 2.4 from EUR 4.25
* Umanis ALUMS.PA : Portzamparc cuts target price to EUR 4.4 from EUR 5.0; rating hold
* Unicredit CRDI.MI : Deutsche Bank cuts target price to EUR 8.5 from EUR 16
* Unicredit CRDI.MI : JP Morgan cuts target price to EUR 12 from EUR 13
* Valeo VLOF.PA : Citigroup raises price target to EUR 12 from EUR 10
* Vicat SA VCTP.PA : HSBC raises to buy from hold; cuts target price to EUR 35 from EUR 44
* Wacker Neuson SE WACGn.DE : Berenberg cuts target price to EUR 12.50 from EUR 13
* Wendel MWDP.PA : HSBC raises to buy from hold; cuts target price to EUR 90 from EUR 129
* Wolters Kluwer NV WLSNc.AS : Credit Suisse cuts target price to EUR 71.5 from EUR 75
* Zurich Insurance Group AG ZURN.S : RBC cuts target price to CHF 345 from CHF 350
(Compiled by Bengaluru Newsroom)
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