Europe Research Roundup: ABN Amro Group, Norilsk Nickel, STMicroelectronics
26/01/2018 07:11
Jan 26 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including ABN Amro Group, Norilsk Nickel and STMicroelectronics, on Friday.
HIGHLIGHTS
* ABN Amro Group NV ABNd.AS : Jefferies starts with hold rating; target price EUR 26.80
* M6 MMTP.PA : Liberum raises to buy from hold
* Norilsk Nickel NKELyq.L : Credit Suisse cuts to underperform from neutral
* SES SA SESFd.PA : Barclays cuts to underweight from equal weight
* STMicroelectronics NV STM.PA : Cfra Research raises to buy from hold
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* ABN Amro Group NV ABNd.AS : Jefferies starts with hold rating; target price EUR 26.80
* Ashmore Group Plc ASHM.L : Barclays raises price target to 430p from 400p
* Asos Plc ASOS.L : Barclays raises price target to 7710p from 6840p
* BMW BMWG.DE : Morgan Stanley raises price target to 90 euros from 81 euros
* Continental AG CONG.DE : Morgan Stanley raises price target to 235 euros from 220 euros
* Daily Mail and General Trust p L C DMGOa.L : Barclays raises target to 585p from 500p
* Daimler AG DAIGn.DE : Morgan Stanley raises price target to 72 euros from 68 euros
* Edag Engineering Group ED4.DE : Morgan Stanley raises target to 14 euros from 12 euros
* Faurecia EPED.PA : Morgan Stanley raises price target to 53 euros from 40 euros
* Gas Natural GAS.MC : Morgan Stanley raises price target to 20 euros from 19.70 euros
* Gestamp Automocion GEST.MC : Morgan Stanley raises target to 6.10 euros from 5.70 euros
* Hella HLE.DE : Morgan Stanley raises price target to 48 euros from 42 euros
* Indivior Plc INDV.L : Morgan Stanley raises price target to 450p from 410p
* LVMH LVMH.PA : Cowen and Company raises price target to 277 euros from 265 euros
* M6 MMTP.PA : Liberum raises to buy from hold
* M6 MMTP.PA : Liberum raises target to 27 euros from 20.50 euros
* Michelin MICP.PA : Morgan Stanley raises price target to 135 euros from 130 euros
* Nokian Tyres Plc NRE1V.HE : Morgan Stanley raises target to 36 euros from 33 euros
* Nordea NDA.ST : Barclays cuts price target to SEK 108 from SEK 111
* Nordea NDA1V.HE : Credit Suisse cuts price target to 10.40 euros from 11.10 euros
* Norilsk Nickel NKELyq.L : Credit Suisse cuts to underperform from neutral
* Norilsk Nickel NKELyq.L : Credit Suisse raises price target to $17 from $16.40
* Pirelli & C SpA PIRC.MI : Morgan Stanley raises target to 7.50 euros from 6.80 euros
* Renault RENA.PA : Morgan Stanley raises price target to 88 euros from 77 euros
* Schaeffler AG SHA_p.DE : Morgan Stanley raises price target to 16 euros from 14 euros
* SES SA SESFd.PA : Barclays cuts price target to 11 euros from 14.30 euros
* SES SA SESFd.PA : Barclays cuts to underweight from equal weight
* Spire Healthcare Group Plc SPI.L : Liberum raises price target to 275p from 270p
* STMicroelectronics NV STM.PA : Barclays raises target to 24 euros from 21.50 euros
* STMicroelectronics NV STM.PA : Cfra Research raises to buy from hold
* STMicroelectronics NV STM.PA : Cfra Research raises target to 21.30 euros from 20 euros
* Sunrise Communications Group SRCG.S : Credit Suisse raises target to SFR 90 from SFR 80
* Telecom Italia TLIT.MI : Credit Suisse cuts price target to EUR 0.85 from EUR 1
* Telecom Italia TLITn.MI : Credit Suisse cuts price target to EUR 0.68 from EUR 0.80
* UBS Group AG UBSG.S : RBC raises price target to SFR 21 from SFR 20
* Valeo VLOF.PA : Morgan Stanley raises price target to 58 euros from 54 euros
* Vifor pharma AG VIFN.S : Credit Suisse raises price target to SFR 125 from SFR 106
* Volkswagen AG VOWG_p.DE : Morgan Stanley raises target to 160 euros from 135 euros
* Volvo AB VOLVb.ST : Morgan Stanley raises price target to SEK 125 from SEK 120
* Zurich Insurance Group AG ZURN.S : Credit Suisse raises target to SFR 365 from SFR 350
(Compiled by Bengaluru Newsroom)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/