Research Alert: Europe real estate: SocGen cuts to underweight

Covivio Hotels SCA

01/10/2013 04:17

Sept 30 (Reuters) - : * Befimmo  BEFB.BR  : SocGen cuts to hold from buy * Fonciere Des Murs  FERP.PA  : SocGen cuts to sell from buy * Gecina sa  GFCP.PA  : SocGen cuts to hold from buy * Beni Stabili spa  BNSI.MI  : SocGen cuts to hold from buy * Immofinanz AG  IMFI.VI  : SocGen cuts to sell from hold * Klepierre  LOIM.PA  : SocGen cuts to hold from buy * Wereldhave  WEHA.AS  : SocGen cuts to hold from buy * British Land  BLND.L  : SocGen cuts to hold from buy * Segro PLC  SGRO.L  : SocGen cuts to hold from buy * Derwent london plc  DLN.L  : SocGen cuts to hold from buy * Intu Properties PLC  INTUP.L  : SocGen cuts to sell from hold * Deutsche Euroshop  DEQGn.DE  : SocGen cuts to hold from buy * Unibail-Rodamco  UNBP.AS  : SocGen cuts to hold from buy * Fonciere Lyonnaise  FLYP.PA  : SocGen cuts target price to 39 euros from 42 euros; rating hold * Fonciere Des Regions  FDR.PA  : SocGen cuts target price to 72 euros from 79 euros; rating buy * Icade SA  ICAD.PA  : SocGen cuts target price to 65 euros from 70 euros; rating hold * Cofinimmo  COFB.BR  : SocGen cuts target price to 94 euros from 105 euros; rating buy * Eurocommercial Properties  SIPFc.AS  : SocGen cuts target price to 34 euros from 39 euros; rating buy * Mercialys SA  MERY.PA  : SocGen cuts target price to 17 euros from 19 euros; rating buy * Hammerson PLC  HMSO.L  : SocGen cuts target price to 590p from 670p; rating buy * Great Portland Estates  GPOR.L  : SocGen cuts target price to 550p from 600p; rating hold * Affine  BTPP.PA  : SocGen cuts target price to 15 euros from 19 euros; rating buy * Europe real estate: SocGen cuts to underweight from neutral For a summary of rating actions and price target changes on European companies:  Reuters Eikon users, click on  RCH/EUROPE   Reuters 3000Xtra users, double-click  RCH/EUROPE   Reuters Station users, click .1580   ((nyc.equities.newsroom@reuters.com); (Reuters Messaging:  saqib.ahmed.thomsonreuters.com@reuters.net) ((Bangalore Newsroom +91 80 6749 1130; within U.S. +1 646 223 8780))