Europe Research Roundup: Marks and Spencer Group, Pernod Ricard, Telenor

Datagroup SE

02/10/2019 08:32

Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Marks and Spencer Group, Pernod Ricard and Telenor on Wednesday. 
    
    HIGHLIGHTS  
     * DNB ASA  DNB.OL : Jefferies cuts to underperform from hold
     * Marks and Spencer Group Plc  MKS.L : Peel Hunt cuts to hold from buy
     * Pernod Ricard  PERP.PA : Jefferies raises to buy from hold
     * Solaria  SLRS.MC : RBC initiates coverage with outperform rating and PT of EUR 8.50
     * Telenor ASA  TEL.OL : JP Morgan cuts to neutral from overweight
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
   
     * ABN Amro Bank NV  ABNd.AS : Jefferies cuts target price to EUR 18 from EUR 21.80
     * Acciona  ANA.MC : RBC initiates coverage with outperform rating and target of EUR 115
     * Ambu A/S  AMBUb.CO : JP Morgan raises target price to DKK 127 from DKK 125
     * Banco Bpm  BAMI.MI : Citigroup raises price target to EUR 2.25 from EUR 2.20
     * BBA Aviation Plc  BBA.L : Peel Hunt initiates with add rating and 340p price target
     * BBVA  BBVA.MC : Credit Suisse cuts target price to EUR 4.20 from EUR 4.50
     * CRH Plc  CRH.I : Jefferies raises target price to EUR 36.50 from EUR 33.90
     * Datagroup SE  D6HG.DE : Berenberg raises target price to EUR 54 from EUR 49
     * DNB ASA  DNB.OL : Jefferies cuts to underperform from hold
     * DNB ASA  DNB.OL : Jefferies cuts target price to NOK 130 from NOK 174
     * Epiroc AB  EPIRa.ST : Credit Suisse initiates with neutral rating and SEK 105 target price
     * Flsmidth  FLS.CO : Credit Suisse initiates with underperform rating and DKK 234 target 
     * Hastings Group Holdings Plc  HSTG.L : RBC cuts target price to 170p from 190p
     * Hastings Group Holdings Plc  HSTG.L : RBC cuts to underperform from sector perform
     * Intesa Sanpaolo SpA  ISP.MI : Citigroup raises price target to EUR 2.4 from EUR 2.3
     * Marks and Spencer Group Plc  MKS.L : Peel Hunt cuts target price to 200p from 300p
     * Marks and Spencer Group Plc  MKS.L : Peel Hunt cuts to hold from buy
     * Marks and Spencer Group Plc  MKS.L : RBC cuts target price to 190p from 200p
     * Metso Oyj  METSO.HE : Credit Suisse cuts to underperform from neutral
     * Metso Oyj  METSO.HE : JP Morgan cuts price target to EUR 34 from EUR 35
     * Metso Oyj  METSO.HE : JP Morgan cuts to neutral from overweight
     * Millennium BCP  BCP.LS : Jefferies cuts target price to EUR 0.29 from EUR 0.32
     * Mitie Group Plc  MTO.L : Jefferies cuts target price to 145.00p from 150.00p
     * Pernod Ricard  PERP.PA : Jefferies raises to buy from hold
     * Pernod Ricard  PERP.PA : Jefferies raises target price to EUR 185 from EUR 175
     * Polypipe Group Plc  PLP.L : Jefferies raises target price to 437p from 431p
     * Randstad NV  RAND.AS : Jefferies cuts target price to EUR 40 from EUR 41
     * RDI REIT Plc  RDI.L : Berenberg raises to buy from hold
     * Santander  SAN.MC : Credit Suisse cuts target price to EUR 4.50 from EUR 5
     * Solaria  SLRS.MC : RBC initiates coverage with outperform rating and PT of EUR 8.50
     * St. James's Place Plc  SJP.L : Citigroup cuts price target to 1070p from 1080p
     * Telenor ASA  TEL.OL : JP Morgan cuts to neutral from overweight
     * Telenor ASA  TEL.OL : JP Morgan establishes Dec-20 PT of NOK 190 vs Dec-19 PT of NOK 196
     * UBI Banca  UBI.MI : Citigroup raises price target to EUR 2.8 from EUR 2.55
     * Unicredit  CRDI.MI : Citigroup raises price target to EUR 13.8 from EUR 13.5
     * Weir Group Plc  WEIR.L : Credit Suisse cuts target price to 1700p from 1800p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))