(Removes Canaccord Genuity alerts on European oil & gas companies as the research actions were
incorrect. The brokerage said it inadvertently put out the note from which the alerts were
issued. For the correct price target and ratings from the brokerage click urn:newsml:reuters.com:*:nL4N1F032L)
Jan 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Terna and Turkish Airlines, on Monday.
HIGHLIGHTS
* Michelin MICP.PA , Nokian NRE1V.HE : JP Morgan raises to overweight
* Ericsson ERICb.ST : Credit Suisse downgrades to underperform rating
* Barclays Plc BARC.L : Deutsche Bank raises to buy from hold
* Continental CONG.DE : JP Morgan cuts to neutral from overweight
* Glencore GLEN.L : Barclays reinstates with overweight rating; 390p price target
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* 888 Holdings Plc 888.L : Peel Hunt raises target price to 260p from 200p
* 888 Holdings Plc 888.L : Peel Hunt raises to buy from add
* A.P. Moller-Maersk MAERSKb.CO : Jefferies ups target to Dkk 13,750 from Dkk 11,750; buy
* Acacia Mining Plc ACAA.L : Barclays cuts target price to 390p from 500p
* Akbank Tas AKBNK.IS : Deutsche Bank cuts target price to Tl 8.8 from Tl 9.6
* Akenerji Elektrik AKENR.IS : Deutsche Bank cuts target price to Tl 0.9 from Tl 1
* Aker BP AKERBP.OL : Jefferies raises price target to Nok 180
* Albaraka Turk ALBRK.IS : Deutsche Bank cuts target price to Tl 1.3 from Tl 1.4
* AMS AG AMS.S : UBS raises target price to Sfr 43 from Sfr 40; rating buy
* Anadolu Efes AEFES.IS : Deutsche Bank cuts target price to Tl 18.3 from Tl 18.4
* Anadolu Hayat ANHYT.IS : Deutsche Bank cuts target price to Tl 5 from Tl 5.2
* Anadolu Sigorta ANSGR.IS : Deutsche Bank raises target price to Tl 1.9 from Tl 1.6
* Anglo American Plc AAL.L : Barclays raises target price to 1240p from 975p
* Animalcare Group Plc ANCR.L : Panmure raises target price to 385p from 370p; rating buy
* Antofagasta Plc ANTO.L : Barclays raises target price to 650p from 510p
* Ashmore Group Plc ASHM.L : Barclays cuts price target to 270p from 325p; underweight
* ASML Holding NV ASML.AS : UBS raises target price to 109 euros from 100 euros; neutral
* Aygaz AYGAZ.IS : Deutsche Bank cuts target price to Tl 10.9 from Tl 11.1
* Babcock International BAB.L : Deutsche Bank cuts target price to 1020p from 1100p
* Babcock International BAB.L : Deutsche Bank cuts to hold from buy
* Banco Popular POP.MC : UBS cuts target price to 0.8 euros from 1.3 euros
* Banco Popular POP.MC : UBS cuts to sell from neutral
* Barclays Plc BARC.L : Deutsche Bank raises price target to 270p from 198p
* Barclays Plc BARC.L : Deutsche Bank raises to buy from hold
* Barratt Developments Plc BDEV.L : Peel Hunt cuts target price to 550p from 590p
* Bellway Plc BWY.L : Peel Hunt cuts target price to 2900p from 3000p
* Bellway Plc BWY.L : Peel Hunt cuts to hold from add
* Berkeley Group Holdings Plc BKGH.L : Peel Hunt cuts target price to 4370p from 4580p
* Bertrandt BDTG.DE : Bankhaus Lampe cuts target price to 110 euros from 115 euros; buy
* BHP Billiton Plc BLT.L : Barclays raises target price to 1385p from 1175p
* Bim BIMAS.IS : Deutsche Bank cuts target price to Tl 50.8 from Tl 54.4
* BMW BMWG.DE : JP Morgan raises target price to 93 euros from 88 euros
* BNP Paribas BNPP.PA : Citigroup raises target price to 70 euros from 67 euros
* Bovis Homes Group Plc BVS.L : Peel Hunt cuts target price to 920p from 1040p
* BPI SA BBPI.LS : ESN/Caixa-Banco DE Investimento raises to accumulate from neutral
* BPI SA BBPI.LS :ESN/Caixa-Banco DE Investimento ups target to 1.30 euros from 1.20 euros
* BT Group Plc BT.L : Bernstein raises target price to 465p from 455p
* Bucher Industries AG BUCN.S : UBS raises target price to Sfr 255 from Sfr 240; neutral
* Burford Capital Ltd BURF.L : Numis raises target price to 760p from 650p
* Buwog BWOA.VI : Berenberg raises price target to 26.50 euros from 25.50 euros; buy
* Cairn Energy Plc CNE.L : Jefferies raises price target to 300p
* Cairn Energy Plc CNE.L : Morgan Stanley starts with equal-weight rating
* Casino Guichard Perrachon CASP.PA : Bank of America Merrill Lynch sets target 54 euros
* Casino Guichard Perrachon CASP.PA : Bank of America Merrill Lynch upgrades to buy
* Cellnovo Group CLNV.PA :Canaccord Genuity raises target to 10 euros from 7.40 euros;buy
* Coca-Cola Icecek AS CCOLA.IS : Deutsche Bank cuts target price to Tl 41.2 from Tl 45
* Continental CONG.DE : JP Morgan cuts target price to 169 euros from 180 euros
* Continental CONG.DE : JP Morgan cuts to neutral from overweight
* Continental CONG.DE :Independent Research raises target to 190 euros from 180 euros;hold
* Countryside Properties Plc CSPC.L : Peel Hunt raises target price to 310p from 290p
* Countrywide CWD.L : Peel Hunt cuts to reduce from hold
* Countrywide Plc CWD.L : Peel Hunt cuts target price to 165p from 170p
* Crest Nicholson Holdings Plc CRST.L : Peel Hunt cuts target price to 690p from 700p
* Daimler AG DAIGn.DE : JP Morgan raises target price to 80 euros from 75 euros
* Danske Bank DANSKE.CO : Credit Suisse raises target price to Dkk 236 from Dkk 225
* De La Rue Plc DLAR.L : JP Morgan cuts target price to 670p from 680p
* De La Rue PLC DLAR.L : JP Morgan cuts to neutral from overweight
* Deutsche Boerse AG DB1Gn.DE : Citigroup reinitiates with buy rating
* Deutsche Lufthansa AG LHAG.DE : Credit Suisse cuts target price to 9.50 euros from 9.70 euros
* Deutsche Lufthansa LHAG.DE :Kepler Cheuvreux cuts target to 8 euros from 9.10 euros;reduce
* Deutsche Telekom AG DTEGn.DE : Bernstein raises target to 16.45 euros from 15.90 euros
* Dialog Semiconductor Plc DLGS.DE : Credit Suisse ups target to 46 euros from 40 euros
* Dialog Semiconductor Plc DLGS.DE : RBC raises price target to 50 euros from 41 euros
* DNA DNAO.HE : Danske Bank starts with buy rating; target price eur 12.00
* DNA DNAO.HE : JP Morgan starts with an overweight rating and price target of 12.5 euros
* DNA DNAO.HE : Morgan Stanley starts with overweight rating
* DNB ASA DNB.OL : Credit Suisse raises target price to Nok 122 from Nok 94
* DNB ASA DNB.OL : Credit Suisse raises to neutral from underperform
* DNB ASA DNB.OL : Handelsbanken raises target price to Nok 145 from Nok 107
* DNB ASA DNB.OL : Handelsbanken raises to accumulate from reduce
* Dogus Otomotiv DOAS.IS : Deutsche Bank cuts target price to Tl 9.7 from Tl 10.2
* Dong Energy DENERG.CO : RBC cuts to sector perform from outperform
* Draegerwerk DRWG_p.DE : HSBC raises target price to 75 euros from 60 euros; rating hold
* EKF Diagnostics Holdings Plc EKF.L : Panmure raises target price to 21p from 19p; buy
* ElringKlinger AG ZILGn.DE : DZ Bank cuts to sell from hold
* ElringKlinger AG ZILGn.DE : JP Morgan raises target price to 13.5 euros from 12.5 euros
* Enka Insaat ENKAI.IS : Deutsche Bank raises target price to Tl 5.7 from Tl 5.1
* Enquest Plc ENQ.L : Jefferies raises price target to 64p
* Enquest Plc ENQ.L : Jefferies raises to buy rating
* Ericsson ERICb.ST : Credit Suisse cuts target price to Sek 44 from Sek 45
* Ericsson ERICb.ST : Credit Suisse downgrades to underperform rating
* Ericsson ERICb.ST : UBS raises target price to Sek 51 from Sek 45; rating neutral
* Faroe Petroleum Plc FPM.L : Jefferies raises price target to 142p
* Faurecia EPED.PA : JP Morgan cuts target price to 55 euros from 56 euros
* Fenner Plc FENR.L : Finncap raises target price to 335p from 300p; rating buy
* Fenner Plc FENR.L : N+1 Singer raises target price to 310p
* Fenner Plc FENR.L : N+1 Singer raises to buy from hold
* Fiat Chrysler Automobiles FCHA.MI : JP Morgan cuts target to 8.5 euros from 9.2 euros
* Fingerprint Cards AB FINGb.ST : UBS raises target price to Sek 55 from Sek 50; sell
* FMC AG FMEG.DE : DZ Bank cuts to hold from buy; cuts target to 77 euros from 81 euros
* FMC AG FMEG.DE : Independent Research cuts target price to 85.0 euros from 96.0 euros
* FMC AG FMEG.DE : Independent Research cuts to hold from buy
* Ford Otosan FROTO.IS : Deutsche Bank cuts target price to Tl 38.7 from Tl 40.2
* Foxtons Group Plc FOXT.L : Peel Hunt cuts target price to 80p from 100p
* Foxtons Group Plc FOXT.L : Peel Hunt cuts to sell from reduce
* Fresenius SE FREG.DE : DZ Bank cuts target price to 84.00 euros from 86.00 euros; buy
* Fresnillo Plc FRES.L : Barclays cuts target price to 1400p from 1760p
* Garanti Bankasi AS GARAN.IS : Deutsche Bank cuts target price to Tl 8.5 from Tl 9.3
* Gaztransport et Technigaz GTT.PA : Natixis raises target price to 46 euros from 41.5 euros
* Gem Diamonds Ltd GEMD.L : Barclays cuts target price to 100p from 110p
* Genel Energy Plc GENL.L : Jefferies cuts price target to 76p
* Genel Energy Plc GENL.L : Jefferies cuts to underperform rating
* Glencore GLEN.L : Barclays reinstates Glencore as Top Pick in European Mining sector
* Glencore GLEN.L : Barclays reinstates with overweight rating; 390p price target
* Halk Bankasi HALKB.IS : Deutsche Bank cuts target price to Tl 10.1 from Tl 11.1
* Halma Plc HLMA.L : Investec raises target price to 1040p from 1000p
* Halma Plc HLMA.L : Investec raises to buy from hold
* Handelsbanken SHBa.ST : Credit Suisse cuts to underperform from neutral
* Harworth Group Plc HWG.L : Canaccord Genuity starts with buy rating; price target 110p
* Hella HLE.DE : JP Morgan cuts to neutral from overweight
* Hella KGaA Hueck & Co HLE.DE : JP Morgan cuts target price to 39 euros from 44 euros
* Hexagon HEXAb.ST : Handelsbanken raises to accumulate rating
* Hochschild Mining Plc HOCM.L : Barclays cuts target price to 230p from 290p
* IG Group Holdings Plc IGG.L : Numis cuts to add from buy
* Infineon Technologies IFXGn.DE : UBS ups target to 17.5 euros from 16.2 euros; neutral
* Ingenico INGC.PA : BofA Merrill raises to buy rating - Trader
* Ingenico Group SA INGC.PA : UBS raises target price to 80 euros from 78 euros; neutral
* IS Bankasi ISCTR.IS : Deutsche Bank cuts target price to Tl 5.5 from Tl 5.8
* Kaz Minerals Plc KAZ.L : Barclays raises target price to 390p from 210p
* Koc Holding AS KCHOL.IS : Deutsche Bank cuts target price to Tl 14 from Tl 14.8
* Laird Plc LRD.L : JP Morgan cuts target price to 170p from 200p
* Laird Plc LRD.L : UBS raises target price to 165p from 145p; rating neutral
* Lancashire Holdings Ltd LRE.L : Numis cuts to hold from add
* Lancashire Holdings Ltd LRE.L : Numis raises target price by 15p to 735p
* Lemminkainen Oyj LEM1S.HE : Danske Bank cuts to hold from buy
* London stock Exchange Group Plc LSE.L : Citigroup reinitiates with buy rating
* Lonmin Plc LMI.L : Barclays cuts target price to 145p from 150p
* LSL LSL.L : Peel Hunt cuts to sell from hold
* LSL Property Services Plc LSL.L : Peel Hunt cuts target price to 185p from 230p
* Lundin Petroleum AB LUPE.ST : Jefferies raises price target to Sek 226
* LVMH LVMH.PA : Barclays raises price target to 185 euros from 175 euros; equal weight
* Mattioli Woods Plc MTWL.L : Cantor Fitzgerald raises target price to 850p from 770p;buy
* McCarthy & Stone Plc MCS.L : Peel Hunt cuts target price to 210p from 215p
* Mediaset Espana TL5.MC : JP Morgan cuts target price to 11.6 euros from 12 euros
* Melexis NV MLXS.BR : UBS raises target price to 48 euros from 42 euros; rating sell
* Meyer Burger MBTN.S : Citigroup raises price target to Sfr 1.1 from Sfr 0.55
* Meyer Burger MBTN.S : Citigroup raises to buy from neutral
* Michelin MICP.PA : JP Morgan raises target price to 120 euros from 100 euros
* Michelin MICP.PA : JP Morgan raises to overweight from neutral
* Migros Ticaret AS MGROS.IS : Deutsche Bank cuts target price to Tl 21.7 from Tl 22.7
* Mitie Group MTO.L : Barclays raises price target to 180p from 166p; rating underweight
* MVV Energie MVVGn.DE : Kepler Cheuvreux cuts to hold from buy
* National Express Group Plc NEX.L : JP Morgan cuts target price to 358p from 406p
* National Express Group Plc NEX.L : JP Morgan cuts to neutral from overweight
* Nokia Corp NOKIA.HE : Inderes raises target price to eur 4.8 from eur 4.3; increase
* Nokia Corp NOKIA.HE : UBS raises target price to 6.6 euros from 6.4 euros; rating buy
* Nokian NRE1V.HE : JP Morgan raises to overweight from neutral
* Nokian Tyres Plc NRE1V.HE : JP Morgan raises target price to 40.5 euros from 31 euros
* Nordea NDA.ST : Handelsbanken cuts to reduce rating
* Nordea Bank NDA1V.HE : Credit Suisse raises target price to 11.7 euros from 10.4 euros
* OneSavings Bank Plc 1SBA.L : Investec raises target price to 385p from 360p
* OneSavings Bank Plc 1SBA.L : Investec raises to buy from hold
* Ophir Energy Plc OPHR.L : Jefferies raises price target to 105p
* Outokumpu Oyj OUT1V.HE : Credit Suisse raises target price to 11 euros from 8 euros
* Persimmon Plc PSN.L : Peel Hunt cuts target price to 2120p from 2200p
* Petra Diamonds Ltd PDL.L : Barclays raises target price to 200p from 168p
* Plant Advanced Technologies Pat ALPAT.PA : Midcap Partners ups target to eur 23.4; buy
* Playtech Plc PTEC.L : UBS cuts target price to 1020p from 1060p; rating buy
* Premier Oil Plc PMO.L : Jefferies raises price target to 116p
* Prosiebensat 1 Media SE PSMGn.DE : JP Morgan cuts target to 38.3 euros from 39 euros
* Qinetiq Group Plc QQ.L : Berenberg raises price target to 275p from 210p
* Qinetiq Group Plc QQ.L : Berenberg raises to hold from sell
* Randgold Resources Ltd RRS.L : Barclays cuts target price to 7300p from 8300p
* Reckitt Benckiser RB.L : Berenberg cuts target price to 7,300p from 7,800p; rating hold
* Redrow Plc RDW.L : Peel Hunt raises target price to 605p from 555p
* Renault RENA.PA : JP Morgan raises target price to 89 euros from 85 euros
* Restore Plc RSTP.L : N+1 Singer raises target price to 420p from 360p; rating buy
* Rezidor REZT.ST : Kepler Cheuvreux cuts to hold from buy
* Richemont SA CFR.S : Goldman Sachs raises target price to Sfr 70 from Sfr 67; neutral
* Rio Tinto Plc RIO.L : Barclays raises target price to 4490p from 3200p
* RSA Insurance Group Plc RSA.L : UBS cuts to sell from neutral
* Rubis SCA RUBF.PA : Kepler Cheuvreux raises target price to 88 euros from 86 euros; buy
* Sabanci Holding AS SAHOL.IS : Deutsche Bank cuts target price to Tl 10.7 from Tl 11.3
* Safran SAF.PA : Berenberg raises target price to 79 euros from 69 euros; rating buy
* SAP SE SAPG.DE : Credit Suisse raises target price to 100 euros from 90 euros
* Schaeffler AG SHA_p.DE : JP Morgan cuts target price to 13 euros from 15.50 euros
* Schaeffler AG SHA_p.DE : JP Morgan cuts to underweight rating
* Schibsted ASA SBSTA.OL : JP Morgan cuts target price to Nok 234 from Nok 238
* Scout24 AG G24n.DE : JP Morgan raises target price to 38 euros from 36 euros
* SEB AB SEBa.ST : Credit Suisse raises target price to Sek 77 from Sek 73
* Siltronic AG WAFGn.DE : Credit Suisse raises target price to 37 euros from 30 euros
* Sinpas REIT SNGYO.IS : Deutsche Bank cuts target price to Tl 0.7 from Tl 0.8
* Soco International Plc SIA.L : Jefferies maintains price target at 195p
* Sodexo EXHO.PA : Natixis raises target price to 119.5 euros from 115 euros
* Spectris Plc SXS.L : JP Morgan raises target price to 2025p from 1968p
* Spirent Communications Plc SPT.L : UBS raises target price to 98p from 87.5p; neutral
* Stabilus STAB.DE : JP Morgan raises target price to 58 euros from 54 euros
* Stabilus STAB.DE : JP Morgan raises to overweight from neutral - Trader
* Standard Chartered Plc STAN.L : Jefferies raises price target to 348p from 330p
* STMicroelectronics STM.PA : Deutsche Bank raises target to 8.50 euros from 6.30 euros
* STMicroelectronics STM.PA : UBS raises target price to 10 euros from 8.1 euros; neutral
* Stroeer SE & Co KGaA SAXG.DE : JP Morgan raises target price to 53 euros from 52 euros
* Suominen Oyj SUY1V.HE : Inderes raises target price to eur 4.60 from eur 4.00; increase
* Swedbank SWEDa.ST : Credit Suisse cuts target price to Sek 209 from Sek 217
* Swedbank SWEDa.ST : Handelsbanken cuts to reduce from accumulate
* Tav Airports TAVHL.IS : Deutsche Bank cuts target price to Tl 16.8 from Tl 18.2
* Taylor Wimpey Plc TW.L : Peel Hunt cuts target price to 210p from 215p
* Taylor Wimpey Plc TW.L : Peel Hunt raises to buy from hold
* Tekfen Holding TKFEN.IS : Deutsche Bank cuts target price to Tl 7 from Tl 7.3
* Telefonica TEF.MC : Bernstein raises target price to 8.20 euros from 8.05 euros
* Telford Homes Plc TELF.L : Peel Hunt cuts target price to 465p from 485p
* Terna TRN.MI : Jefferies raises target price to 4.80 euros from 4.50 euros; rating buy
* TF1 TFFP.PA : Natixis raises target price to 11 euros from 10.8 euros
* TomTom NV TOM2.AS : UBS raises target price to 10.4 euros from 9 euros; rating buy
* TP ICAP TCAPI.L : Barclays raises target price to 400p from 360p; rating underweight
* TP ICAP TCAPI.L : HSBC raises target price to 520p from 480p
* TP ICAP Plc TCAPI.L : HSBC raises to buy from hold
* Tullow Oil Plc TLW.L : Jefferies raises price target to 250p
* Tupras TUPRS.IS : Deutsche Bank raises target price to Tl 77.8 from Tl 73.4
* Turk Telekomunikasyon AS TTKOM.IS : Deutsche Bank cuts target price to Tl 5.7 from Tl 6
* Turkish Airlines THYAO.IS : Deutsche Bank cuts target price to Tl 5.5 from Tl 6
* Turkiye Sinai Kalkinma Bankasi TSKB.IS : Deutsche Bank cuts target price to Tl 1.5
* Ubisoft UBIP.PA : Midcap Partners cuts target to eur 34.0 from eur 38.5
* Ubisoft UBIP.PA : Midcap Partners cuts to neutral from buy
* Ulker ULKER.IS : Deutsche Bank cuts target price to Tl 19.3 from Tl 21
* Unicredit SpA CRDI.MI : Jefferies raises price target to 3.50 euros from 3 euros; buy
* Uniqa Insurance Group AG UNIQ.VI : JP Morgan raises target to 7.8 euros from 7.3 euros
* Vakiflar Bankasi VAKBN.IS : Deutsche Bank cuts target price to Tl 4.5 from Tl 4.9
* Valeo VLOF.PA : JP Morgan raises target price to 63 euros from 57 euros
* Vedanta Resources Plc VED.L : Barclays raises target price to 800p from 460p
* Vodafone Group Plc VOD.L : UBS cuts target price to 275p from 285p; rating buy
* Volvo AB VOLVb.ST : JP Morgan raises target price to Sek 85 from Sek 75
* Wacker Chemie WCHG.DE : Berenberg raises price target to 115 euros from 98 euros; buy
* Washtec AG WSUG.DE : HSBC raises target price to 43 euros from 40 euros; rating hold
* Watkin Jones Plc WJG.L : Peel Hunt raises target price to 155p from 140p
* Wienerberger AG WBSV.VI : Davy cuts to neutral from outperform
* William Hill Plc WMH.L : Barclays cuts target price to 312p from 330p; equal weight
* Wirecard AG WDIG.DE : Credit Suisse raises target price to 45 euros from 38 euros
* Wirecard AG WDIG.DE : Credit Suisse raises to neutral from underperform
* Worldpay Group Plc WPG.L : UBS raises target price to 360p from 340p; rating buy
* Yapi Ve Kredi Bankasi YKBNK.IS : Deutsche Bank cuts target price to Tl 4.2 from Tl 4.6
(Compiled by Bengaluru Newsroom)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/