Europe Research Roundup: EasyJet, Volkswagen, Yapi Kredi

ElringKlinger AG

02/04/2019 08:20

April 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including EasyJet, Volkswagen and Yapi Kredi, on Tuesday. 
    
    HIGHLIGHTS   
     * EasyJet Plc  EZJ.L : CFRA cuts to hold from buy; cuts target price to 1100p from 1400p
     * Volkswagen AG  VOWG_p.DE : Jefferies cuts to hold from buy
     * Yapi Kredi  YKBNK.IS : JP Morgan raises to overweight from neutral
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
     * Arrow Global Group Plc  ARWA.L : Berenberg cuts price target to 160p from 280p
     * Attendo AB (Publ)  ATTE.ST : Credit Suisse cuts target price to SEK 60 from SEK 105
     * B&M European value Retail SA  BMEB.L : RBC raises target price to 425p from 400p
     * BMW  BMWG.DE : Jefferies cuts target price to EUR 75 from EUR 78
     * EasyJet Plc  EZJ.L : CFRA cuts to hold from buy; cuts target price to 1100p from 1400p
     * EasyJet Plc  EZJ.L : RBC cuts target price to 1,300p from 1,600p
     * ElringKlinger AG  ZILGn.DE : JP Morgan cuts target price to EUR 4.10 from EUR 5
     * Ferguson Plc  FERG.L : Jefferies initiates with buy rating and price target of 6,130p
     * Glencore  GLEN.L : Jefferies raises price target to 400p from 375p
     * H&M  HMb.ST : RBC raises price target to SEK 165 from SEK 140
     * IBA  IBAB.BR : Jefferies raises target price to EUR 14 from EUR 13.10
     * IWG Plc  IWG.L : JP Morgan reinstates coverage with neutral rating and 270p price target
     * Magnit  MGNT.MM : JP Morgan cuts target price to 3,800 Roubles
     * Magnit  MGNTq.L : JP Morgan cuts target price to $14 from $15.30
     * Petra Diamonds Ltd  PDL.L : Berenberg raises price target to 23p from 22p
     * Publicis  PUBP.PA : Morgan Stanley cuts target price to EUR 54 from EUR 59
     * Rio Tinto Plc  RIO.L : Jefferies raises price target to 5200p from 4800p
     * Serco Group Plc  SRP.L : Liberum raises target price to 130p from 105p
     * Volkswagen AG  VOWG_p.DE : Jefferies cuts to hold from buy
     * Volkswagen AG  VOWG_p.DE : Jefferies cuts target price to EUR 160 from EUR 180
     * X5 Retail Group NV  PJPq.L : JP Morgan raises to overweight from neutral
     * X5 Retail Group NV  PJPq.L : JP Morgan raises target price to $29 from $26.5
     * Yapi Kredi  YKBNK.IS : JP Morgan raises price target to TL 2.90 from TL 2.20
     * Yapi Kredi  YKBNK.IS : JP Morgan raises to overweight from neutral
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))