Europe Research Roundup: Johnson Matthey, Novartis, Roche Holding
26/07/2017 09:17
July 26 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Johnson Matthey, Novartis and Roche Holding, on Wednesday.
HIGHLIGHTS
* Johnson Matthey Plc JMAT.L : Barclays raises to overweight from equal weight
* Novartis AG NOVN.S : Morgan Stanley raises to overweight from underweight
* Roche Holding AG ROG.S : Morgan Stanley cuts to equal weight from overweight
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* ABB Ltd ABBN.S : Helvea baader bank reinitiates with hold; raises target price to SFR
23.50 from SFR 16
* Cobham Plc COB.L : Morgan Stanley raises target price to 120p from 110p; equal weight
* Edag Engineering Group AG ED4.DE : Berenberg cuts target to 20 euros from 21 euors; buy
* Johnson Matthey Plc JMAT.L : Barclays raises to overweight from equal weight
* Michelin MICP.PA : Jefferies cuts target price to 101 euros from 106 euors;underperform
* Novartis AG NOVN.S : Morgan Stanley raises to overweight from underweight
* Roche Holding AG ROG.S : Morgan Stanley cuts to equal weight from overweight
* Saipem SpA SPMI.MI : Barclays cuts target to 3.90 euros from 4.10 euors; equal weight
* Sanoma Oyj SAA1V.HE : Inderes raises to increase from reduce; target price EUR 8.40
* Virgin Money Holdings (Uk) VM.L : Barclays cuts target to 360p from 380p; overweight
* Wolters Kluwer NV WLSNc.AS : Liberum starts with hold; 38 euros target price
(Compiled by Bengaluru Newsroom)
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Keywords: RESEARCH EUROPE/