Europe Research Roundup: Bovis Homes Group, Bucher Industries, Taylor Wimpey
12/09/2018 08:21
Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bovis Homes Group, Bucher Industries and Taylor Wimpey, on
Wednesday.
HIGHLIGHTS
* Andritz AG ANDR.VI : JP Morgan resumes coverage with overweight rating
* Bovis Homes Group Plc BVS.L : Barclays raises to equal weight from underweight
* Bucher Industries AG BUCN.S : Berenberg cuts to sell from hold
* Nexans NEXS.PA : Credit Suisse cuts to neutral from outperform
* Taylor Wimpey Plc TW.L : Barclays raises to overweight from equal weight
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Aareal Bank AG ARLG.DE : Independent Research cuts TP to EUR 40.00 from EUR 41.00; hold
* Akwel AKW.PA : Midcap Partners cuts target price to EUR 29 from EUR 33; rating buy
* Allied Minds Plc ALML.L : Jefferies cuts target price to 91p from 118p
* Andritz AG ANDR.VI : JP Morgan resumes coverage with overweight rating
* Andritz AG ANDR.VI : JP Morgan resumes coverage with target price of EUR 57
* Anglo American Plc AAL.L : HSBC raises to buy from hold
* ArcelorMittal SA MT.AS : Independent Research cuts TP to EUR 28.00 from EUR 30.00; hold
* Associated British Foods ABF.L : CFRA Research cuts to hold from strong buy
* Associated British Foods ABF.L : CFRA Research lowers target price to 2600p from 3300p
* Aurubis AG NAFG.DE : Baader Helvea cuts target price to EUR 63.00 from EUR 74.00
* Aventron AG AVENT.BN : Kepler Cheuvreux raises target price to SFR 12 from SFR 10
* Aventron AG AVENT.BN : Kepler Cheuvreux raises to buy from hold
* Barratt Developments Plc BDEV.L : Barclays raises target price to 678p from 658p
* Barry Callebaut AG BARN.S : UBS raises target price to SFR 1790 from SFR 1340
* Barry Callebaut AG BARN.S : UBS raises to neutral from sell
* BBVA BBVA.MC : UBS cuts target price to EUR 7.70 from EUR 8.30
* Bellway Plc BWY.L : Barclays cuts target price to 3390p from 3584p
* Berkeley Group Holdings Plc BKGH.L : Barclays raises target price to 3873p from 3729p
* Bovis Homes Group Plc BVS.L : Barclays raises target price to 1234p from 904p
* Bovis Homes Group Plc BVS.L : Barclays raises to equal weight from underweight
* Bucher Industries AG BUCN.S : Berenberg cuts price target to SFR 295 from SFR 390
* Bucher Industries AG BUCN.S : Berenberg cuts to sell from hold
* Cairn Energy Plc CNE.L : Barclays cuts price target to 295p from 335p
* Cairn Energy Plc CNE.L : Canaccord Genuity cuts target price to 260p from 270p
* Capital & Counties Properties Plc CAPCC.L : Exane BNP Paribas raises to neutral
* Casino SA CASP.PA : Bernstein cuts target price to EUR 20 from EUR 26
* Continental AG CONG.DE : Morgan Stanley cuts target price to EUR 205 from EUR 215
* Crest Nicholson Holdings Plc CRST.L : Barclays cuts target price to 438p from 540p
* Crest Nicholson Holdings Plc CRST.L : Barclays cuts to equal weight from overweight
* Dassault Systemes DAST.PA : JP Morgan raises target price to EUR 145 from EUR 135
* Do & Co AG DOCO.VI : Kepler Cheuvreux raises target price to 70 euros from 30 euros
* Do & Co AG DOCO.VI : Kepler Cheuvreux raises to hold from reduce
* E.ON SE EONGn.DE : Morgan Stanley cuts target price to EUR 9.50 from EUR 10.50
* Faurecia EPED.PA : Morgan Stanley cuts target price to EUR 51 from EUR 55
* Ferrari RACE.MI : Kepler Cheuvreux raises target price to 115 euros from 110 euros
* Fiat Chrysler FCHA.MI : Exane BNP Paribas raises target price by 8 pct to EUR 19.5
* Fiat Chrysler FCHA.MI : Exane BNP Paribas raises to outperform from neutral
* GEA Group AG G1AG.DE : Berenberg cuts price target to EUR 30 from EUR 31
* Gestamp Automocion SA GEST.MC : JP Morgan raises to overweight from neutral
* Haulotte Group PYHE.PA : Kepler Cheuvreux cuts target price to 14 euros from 15 euros
* Herige SA ALHRG.PA : Portzamparc cuts TP to EUR 42.5 from EUR 43.5; rating accumulate
* Inditex ITX.MC : CFRA cuts target price to EUR 30 from EUR 34
* Inditex ITX.MC : Independent Research cuts TP to EUR 29.00 from EUR 31.00; rating hold
* Inditex ITX.MC : Jefferies raises price target to 32 euros from 31 euros
* ING Groep NV INGA.AS : Santander raises target price to EUR 15.60 from EUR 15.40
* ING Groep NV INGA.AS : Santander raises to buy from hold
* Ingenico Group SA INGC.PA : JP Morgan cuts target price to EUR 61 from EUR 86
* JD Sports Fashion Plc JD.L : Barclays raises price target to 570p from 510p
* KPN KPN.AS : JP Morgan raises target price to EUR 3.4 from EUR 3.3
* Logitech International SA LOGN.S : UBS raises target price to SFR 51 from SFR 47
* Manx Telecom Plc MANX.L : Liberum cuts target price to 230p from 236p
* McCarthy & Stone Plc MCS.L : Barclays raises target price to 93p from 92p
* Mithra Pharmaceuticals SA MITRA.BR : KBC Securities raises target price EUR 37.5
* Mithra Pharmaceuticals SA MITRA.BR : KBC Securities raises to buy from accumulate
* Munters Group AB MTRS.ST : Kepler Cheuvreux cuts target price to SEK 47 from SEK 50
* Nexans NEXS.PA : Credit Suisse cuts target price to EUR 29 from EUR 37
* Nexans NEXS.PA : Credit Suisse cuts to neutral from outperform
* O'Key Group SA OKEYq.L : JP Morgan cuts target price to $1.7 from $3
* Partners Group Holding PGHN.S : HSBC raises target price to SFR 867 from SFR 832
* Partners Group Holding PGHN.S : JP Morgan raises target price to SFR 900 from SFR 850
* Partners Group Holding PGHN.S : Credit Suisse raises TP to SFR 810 from SFR 700
* Persimmon Plc PSN.L : Barclays cuts target price to 2474p from 2551p
* Redrow Plc RDW.L : Barclays raises target price to 693p from 658p
* Royal Bank of Scotland RBS.L : Goldman Sachs raises to buy from neutral
* Schaeffler AG SHA_p.DE : Morgan Stanley cuts target price to EUR 13.5 from EUR 14
* Seche Environnement CCHE.PA : Invest Securities raises TP to EUR 35.5 from EUR 34; buy
* Siegfried Holding AG SFZN.S : Baader Helvea raises TP to CHF 436.00 from CHF 401.00
* Sollers SVAV.MM : VTB Capital lowers target price by 17% to RUB 500; reiterates hold
* Solutions 30 SE ALS30.PA : Berenberg raises price target to EUR 49 from EUR 42.50
* Solutions 30 SE ALS30.PA : Berenberg raises to buy from hold
* Solutions 30 SE ALS30.PA : Midcap Partners raises TP to EUR 50 from EUR 49; rating buy
* Stallergenes Greer Plc STAGR.PA : Portzamparc raises to buy from hold;TP EUR 34.3
* Standard Life Aberdeen Plc SLA.L : RBC cuts target price to 380p from 400p
* Subsea 7 SA SUBC.OL : Redburn raises to buy rating
* Taylor Wimpey Plc TW.L : Barclays cuts target price to 200p from 206p
* Taylor Wimpey Plc TW.L : Barclays raises to overweight from equal weight
* Tekfen Holding TKFEN.IS : HSBC raises target price to TL 24.3 from TL 19
* Telecom Italia (Savings) TLITn.MI : JP Morgan cuts target to EUR 0.53 from EUR 0.75
* Telecom Italia TLIT.MI : JP Morgan cuts target price to EUR 0.59 from EUR 0.90
* Telefonica TEF.MC : JP Morgan cuts target price to EUR 6.2 from EUR 8.5
* Telefonica TEF.MC : JP Morgan cuts to underweight from neutral
* Telefonica Deutschland O2Dn.DE : JP Morgan cuts target price to EUR 3.8 from EUR 4.6
* Telford Homes Plc TELF.L : Barclays raises target price to 469p from 415p
* Tupras TUPRS.IS : HSBC raises to buy from hold; raises target to TL 150 from TL 110
* Ubisoft UBIP.PA : Midcap Partners raises to buy from neutral; target price EUR 107
* Unicredit CRDI.MI : UBS cuts target price to EUR 17.60 from EUR 18.30
* Valeo VLOF.PA : Morgan Stanley cuts target price to EUR 46 from EUR 50
* Vat Group AG VACN.S : Credit Suisse cuts price target to SFR 120 from SFR 140
* Vectura Group Plc VEC.L : RBC cuts target price to 88p from 92p
* Vodafone Group Plc VOD.L : JP Morgan cuts target price to 255p from 270p
* Wilmington Plc WIL.L : Canaccord Genuity cuts target price to 255p from 260p
(Compiled by Bengaluru Newsroom)
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