Europe Research Roundup: Fnac Darty, Glencore, Inchcape
19/06/2020 19:21
June 19 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Fnac Darty, Glencore and Inchcape, on Friday.
HIGHLIGHTS
* Fnac Darty SA FNAC.PA : HSBC raises target price to EUR 41 from EUR 35
* Glencore GLEN.L : Jefferies raises target price to 180p from 150p
* Hutchison China Meditech HCM.L :Cantor Fitzgerald starts with overweight rating; PT $40
* Inchcape Plc INCH.L : Peel Hunt initiates with add rating and 600p target price
* LPP SA LPPP.WA : HSBC cuts to hold from buy, raises PT to PLN 7250 from PLN 6200
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* A.P. Moller-Maersk MAERSKb.CO : Jyske Bank raises PT to DKK 9,000 from DKK 7,500; hold
* Amag Austria Metall AG AMAV.VI : Baader Helvea cuts target to EUR 29 from EUR 35
* Anglo American AAL.L : Jefferies raises target price to 2100p from 2000p
* Antofagasta ANTO.L : Jefferies raises target price to 950p from 800p
* Arkema SA AKE.PA : Credit Suisse raises target price to EUR 95 from EUR 90
* Ashtead Group Plc AHT.L : Morgan Stanley raises target price to 2,450p from 2,200p
* Asos Plc ASOS.L : Peel Hunt raises target price to 5,000p from 3,000p
* Avast AVST.L : Goldman Sachs initiates with buy, 600p target price
* Beiersdorf AG BEIG.DE : Barclays raises target price to EUR 116 from EUR 105
* Berkeley Group BKGH.L : Citigroup raises price target to 4,219p from 3,590p
* Berkeley Group BKGH.L : Deutsche Bank raises target price to 4541p from 3966p
* Besi BESI.AS : Kepler Cheuvreux raises target price to EUR 39 from EUR 32
* Boohoo Group Plc BOOH.L : Credit Suisse raises target price to 440p from 400p
* British Land BLND.L : RBC cuts target price to 425p from 455p
* Bunzl BNZL.L : Morgan Stanley raises target price to 1,7200p from 1,600p
* Circassia Group Plc CIRCI.L : Stifel raises target price to 21p from 8p
* Colruyt NV COLR.BR : Morgan Stanley cuts target price to EUR 42.60 from EUR 43.40
* Delta Plus DLTA.PA : Midcap Partners raises PT to EUR 42.0 from EUR 38.0; neutral
* Deutsche Post AG DPWGn.DE : Credit Suisse raises target to EUR 32.03 from EUR 28.36
* Deutsche Post AG DPWGn.DE : Credit Suisse raises to neutral from underperform
* Diploma Plc DPLM.L : Citigroup raises price target to 1850p from 1650p
* DNB ASA DNB.OL : UBS raises target price to NOK 106 from NOK 104
* Do & Co AG DOCO.VI : Kepler Cheuvreux cuts target price to EUR 65 from EUR 82
* Domino's Pizza Group Plc DOM.L : Berenberg cuts to sell from hold
* EDF EDF.PA : Berenberg cuts target price to EUR 8.10 from EUR 9.30
* Elkem ASA ELK.OL : Kepler Cheuvreux raises target price to NOK 25 from NOK 22
* Europris ASA EPRI.OL : Kepler Cheuvreux raises target price to NOK 55 from NOK 45
* Fevertree Drinks Plc FEVR.L : Citigroup raises price target to 2050p from 1750p
* Flutter Entertainment FLTRF.L : Goldman Sachs reinstates with buy, 13,200p target price
* Fnac Darty FNAC.PA : Midcap Partners raises target price to EUR 49.0 vs EUR 46.0; buy
* Fnac Darty SA FNAC.PA : Barclays raises target price to EUR 39 from EUR 32
* Fnac Darty SA FNAC.PA : HSBC raises target price to EUR 41 from EUR 35
* Fortum Oyj FORTUM.HE : UBS raises target price to EUR 16.7 from EUR 14
* Glencore GLEN.L : Jefferies raises target price to 180p from 150p
* Glenveagh Properties Plc GLV.I : Berenberg cuts target price to EUR 1 from EUR 1.10
* Gulf Keystone Petroleum Ltd GKP.L : Canaccord Genuity raises PT to 165p from 155p
* Handelsbanken SHBa.ST : JP Morgan raises target price to SEK 78 from SEK 70
* Hutchison China Meditech HCM.L :Cantor Fitzgerald starts with overweight rating; PT $40
* Inchcape Plc INCH.L : Peel Hunt initiates with add rating and 600p target price
* Intertrust NV INTER.AS : Deutsche Bank raises target price to EUR 18 from EUR 15
* JCDecaux JCDX.PA : Deutsche Bank cuts target price to EUR 21.6 from EUR 23
* Kingfisher KGF.L : BofA Global Research raises price objective to 190p from 150p
* Live Markets-On the radar : Wirecard (Again), Lufthansa, GAM
* Loungers Plc LGRS.L : Liberum cuts target price to 200p from 275p
* Lpp SA LPPP.WA : HSBC cuts to hold from buy, raises PT to PLN 7250 from PLN 6200
* Mcphy Energy MCHPY.PA : Portzamparc raises target price to EUR 10.2; rating buy
* Michelin MICP.PA : HSBC raises to buy; raises target price to EUR 110 from EUR 90
* Partners Group Holding AG PGHN.S : Morgan Stanley ups target to CHF 900 from CHF 825
* Prudential PRU.L : Deutsche Bank cuts target price to 1400p from 1480p
* Prudential PRU.L : Evercore ISI raises price target to 1550p from 1525p
* Prudential PRU.L : UBS cuts target price to 1460p from 1620p
* Realites ALREA.PA : Portzamparc cuts target price to EUR 26.0 from EUR 29.0; buy
* SEB AB SEBa.ST : JP Morgan raises target price to SEK 75 from SEK 70
* Shaftesbury Plc SHB.L : Barclays cuts target price to 475p from 525p
* Soitec SA SOIT.PA : Berenberg raises target price to EUR 110 from EUR 91
* Stroeer SAXG.DE : Deutsche Bank raises target price to EUR 80 from EUR 75
* Swedbank SWEDa.ST : JP Morgan raises target price to SEK 160 from SEK 100
* Swedbank SWEDa.ST : JP Morgan raises to overweight from underweight
* Swedish Orphan Biovitrum SOBIV.ST : Barclays raises target to SEK 205 from SEK 170
* Swedish Orphan Biovitrum SOBIV.ST : Barclays raises to equalweight from underweight
* Talktalk TALK.L : Deutsche Bank cuts target price to 175p from 200p
* Talanx AG TLXGn.DE : JP Morgan cuts price target to 38.5 euros from 41 euros
* Taylor Wimpey TW.L : Canaccord Genuity raises target price to 165p from 163p
* Taylor Wimpey TW.L : Citigroup raises price target to 186p from 185p
* Taylor Wimpey TW.L : Morgan Stanley cuts target price to 165p from 170p
* TKH Group NV TWKNc.AS : Berenberg raises target price to EUR 41 from EUR 33
* TKH Group NV TWKNc.AS : Degroof Petercam raises target price to EUR 48 from EUR 46
* TUI AG TUIGn.DE : Barclays raises target price to 400p from 260p
* Ubisoft UBIP.PA :Midcap Partners cuts to neutral from buy; cuts PT to EUR 75 from EUR 80
* UCB SA UCB.BR : UBS raises target price to EUR 119 from EUR 93
* Uniper SE UN01.DE : UBS cuts to sell from neutral; raises PT to EUR 25 from EUR 22.50
* Vifor pharma AG VIFN.S : Credit Suisse raises price target to CHF 170 from CHF 160
* William Hill WMH.L : JP Morgan raises price target to 200p from 160p
* William Hill WMH.L : JP Morgan raises to overweight from neutral
* Workspace WKP.L : Barclays cuts target price to 800p from 815p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))