Europe Research Roundup: A.P. Moller-Maersk, Beiersdorf AG, Hammerson

Cosmo NV

12/08/2019 07:57

Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including A.P. Moller-Maersk, Beiersdorf AG and Hammerson, on Monday. 
    
  HIGHLIGHTS  
     * A.P. Moller-Maersk  MAERSKb.CO : Goldman Sachs raises to buy from neutral 
     * Beiersdorf AG  BEIG.DE : Jefferies cuts to underperform from hold
     * Hammerson Plc  HMSO.L : RBC raises to outperform from sector perform
     * Ultra Electronics Holdings Plc  ULE.L : Berenberg cuts to hold from buy
     
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
     * A.G.Barr Plc  BAG.L : Berenberg cuts price target to 550p from 675p
     * A.P. Moller-Maersk  MAERSKb.CO : Goldman Sachs raises to buy from neutral
     * Ageas SA  AGES.BR : JP Morgan raises price target to EUR 53.52 from EUR 51.46
     * Anglo American Plc  AAL.L : JP Morgan cuts target price to 2,230p from 2,280p
     * Aryzta AG  ARYN.S : Credit Suisse cuts target price to SFR 0.70 from SFR 0.85
     * Bankia  BKIA.MC : Credit Suisse cuts target price to EUR 2.1 from EUR 2.7
     * Beiersdorf AG  BEIG.DE : Jefferies cuts to underperform from hold
     * Beiersdorf AG  BEIG.DE : Jefferies cuts target price to EUR 96.50 from EUR 90
     * BHP Group Plc  BHPB.L : JP Morgan cuts target price to 1,980p from 2,000p
     * Buzzi Unicem  BZU.MI : JP Morgan raises price target to EUR 21 from EUR 20
     * Caixabank  CABK.MC : Credit Suisse cuts target price to EUR 3 from EUR 3.8
     * Cosmo Pharmaceuticals NV COPN.S :Credit Suisse cuts target price to SFR 108 from SFR 114
     * Ferrexpo Plc  FXPO.L : JP Morgan cuts target price to 270p from 290p
     * Fevertree Drinks Plc  FEVR.L : Berenberg cuts price target to 3250p from 3900p
     * Fresenius SE & Co KGaA  Freg.De Berenberg raises price target to EUR 74.80 from EUR 70.95 
     * Gubre Fabrikalari Tas  GUBRF.IS : Oyak Securities cuts to underperform from marketperform
     * Halk Bankasi  HALKB.IS : JP Morgan cuts price target to TL 4.5 from TL 4.6
     * Hammerson Plc  HMSO.L : RBC raises to outperform from sector perform
     * Hammerson Plc  HMSO.L : cuts target price to 290p from 330p
     * Intu Properties Plc  INTUP.L : RBC cuts target price to 43p from 100p
     * Is Bankasi  ISCTR.IS : JP Morgan raises price target to TL 6.9 from TL 6.5
     * London stock Exchange Group  LSE.L : JP Morgan raises price target to 7,700p from 5,850p
     * Molecular Partners AG  MOLN.S : JP Morgan cuts target price to CHF 15.50 from CHF 22
     * Munich Re  MUVGn.DE : Jefferies cuts target price to EUR 182 from EUR 193
     * OTP Bank Nyrt  OTPB.BU : JP Morgan raises target price to HUF 15,800 from HUF 15,500
     * Raiffeisen Bank International RBIV.VI : JP Morgan cuts PT to EUR 24 from EUR 25
     * Sabadell  SABE.MC : Credit Suisse cuts target price to EUR 0.96 from EUR 1.1
     * Shelf Drilling Ltd  SHLF.OL : RBC cuts price target to NOK 44 from NOK 50
     * Symrise AG  SY1G.DE : Berenberg raises price target to 87 euros from 70 euros
     * Travis Perkins Plc  TPK.L : JP Morgan cuts price target to 1,356p from 1,429p
     * UDG Healthcare Plc  UDG.L : RBC cuts target price to 800p from 830p
     * Ultra Electronics Holdings Plc  ULE.L : Berenberg cuts to hold from buy
     * Ultra Electronics Holdings Plc  ULE.L : Berenberg raises PT to 2200p from 1750p
     * Unicaja Banco SA  UNI.MC : Credit Suisse cuts to neutral from outperform
     * Unicaja Banco SA  UNI.MC : Credit Suisse cuts target price to EUR 0.81 from EUR 1.31
     * WPP  WPP.L : CFRA raises Opinion ON WPP to hold from sell with higher 12-month tp 1000p
     * WPP Plc  WPP.L : JP Morgan raises price target to 1125p from 1100p
 
 (Compiled by Bengaluru Newsroom)
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