Europe Research Roundup: Ashtead Group, E.ON, Gemalto

CS SA

27/09/2016 09:19

Sept 27 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Glencore, Orange and Smurfit Kappa Group, on Tuesday.  
     
     
    HIGHLIGHTS 
     * Ashtead Group Plc  AHT.L : Credit Suisse raises to neutral from underperform   
     * E.ON SE  EONGn.DE : Barclays cuts to equal weight from overweight   
     * Gemalto  GTO.AS : Berenberg cuts to sell from hold   
           
     
Following is a summary of research actions on European companies reported by Reuters on Tuesday. 
Stock entries are in alphabetical order.  
 
     * Ashtead Group Plc  AHT.L : Credit Suisse raises target price to 1150p from 770p   
     * Ashtead Group Plc  AHT.L : Credit Suisse raises to neutral from underperform   
     * Baloise  BALN.S : HSBC raises target price to Sfr 120 from Sfr 111   
     * BHP Billiton Plc  BLT.L : Canaccord Genuity raises target price to 1040p from 990p  
     * BHP Billiton Plc  BLT.L : Investec raises target price to 1017p from 980p; rating hold 
     * Boohoo.Com Plc  BOOH.L : Jefferies raises target price to 125p from 65p; rating buy   
     * Buwog  BWOA.VI : Barclays raises target price to 27.20 euros from 22.70 euros;overweight   
     * Covestro AG  1COV.DE : Deutsche Bank raises target price to 55 euros from 46 euros   
     * CS Communication & Systemes SA  SIGF.PA : Portzamparc raises to accumulate from hold 
     * CS Communication & Systemes SA  SIGF.PA : Portzamparc raises target price of 5 euros   
     * DS Smith Plc  SMDS.L : Jefferies cuts target price to 420p from 440p; rating hold   
     * E.ON SE  EONGn.DE : Barclays cuts target price to 7.10 euros from 7.70 euros   
     * E.ON SE  EONGn.DE : Barclays cuts to equal weight from overweight   
     * easyJet Plc  EZJ.L : UBS cuts target price to 1070p from 1150p   
     * Etteplan Oyj  ETT1V.HE : Inderes raises target price to eur 6.0 from eur 5.8; increase 
     * Experian Plc  EXPN.L : Jefferies raises target price to 1750p from 1500p; rating buy   
     * Gemalto  GTO.AS : Berenberg cuts to sell from hold   
     * Gemfields Plc  GEM.L : JP Morgan raises target price to 44p from 43p   
     * Glencore Plc  GLEN.L : Canaccord Genuity cuts to hold from buy   
     * Glencore Plc  GLEN.L : Canaccord Genuity raises target price to 220p from 215p   
     * GN Store Nord  GN.CO : Jefferies raises target price to Dkk 177 from Dkk 145; rating buy   
     * Henkel & Co KGaA AG  HNKG_p.DE : UBS raises target price to 125 euros from 100 euros   
     * Inditex  ITX.MC : Macquarie raises target price to 39 euros from 35 euros   
     * Kering  PRTP.PA : Goldman Sachs raises to buy - Trader   
     * Kion Group AG  KGX.DE : UBS raises target price to 61 euros from 53 euros   
     * Lanxess AG  LXSG.DE : Macquarie raises target price to 60 euros from 52 euros   
     * Melrose Industries Plc  MRON.L : UBS raises target price to 200p from 73p   
     * Melrose Industries Plc  MRON.L : UBS raises to buy from neutral   
     * Merlin  MRL.MC : Credit Suisse raises target price to 12.50 euros from 10.53 euros   
     * Mitie Group Plc  MTO.L : Investec cuts target price to 188p from 360p   
     * Mitie Group Plc  MTO.L : Investec cuts to hold from buy   
     * Mondi Plc  MNDI.L : Jefferies raises target price to 1900p from 1800p; rating buy   
     * Novozymes  NZYMb.CO : Berenberg starts with sell; target price Dkk 250   
     * Orange SA  ORAN.PA : Credit Suisse raises target price to 16.50 euros from 15 euros   
     * Orange SA  ORAN.PA : Credit Suisse raises to outperform from neutral   
     * Royal Dutch Shell  RDSa.L : HSBC cuts target price to 2050p from 2180p   
     * Royal Dutch Shell  RDSb.L : HSBC cuts target price to 2150p from 2250p 
     * Saga Plc  SAGAG.L : Canaccord Genuity cuts to hold from buy   
     * Silence Therapeutics  SLN.L : Canaccord Genuity raises target price to 249p from 233p   
     * Smurfit Kappa Group Plc  SKG.I : Jefferies cuts price target to 22 euros from 28 euros   
     * Smurfit Kappa Group Plc  SKG.I : Jefferies cuts to hold from buy   
     * TLA Worldwide Plc  TLAT.L : Numis resumes with buy rating; 63p price target   
     * Vodafone Group Plc  VOD.L : HSBC raises target price to 280p from 245p   
     * Whitbread Plc  WTB.L : JP Morgan raises target price to 3760p from 3682p   
     * Wolters Kluwer NV  WLSNC.AS : ING Group raises target price to 43 euros from 37.50 euros   
         
     
 
 (Compiled by Geetha Panchaksharam in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/