Europe Research Roundup: Allianz, AMS, Cobham

Elumeo SE

14/12/2015 07:42

Dec 14 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Hapag Lloyd and Cembra Money Bank, on Monday.  
     
     
    HIGHLIGHTS 
    * Allianz SE ALVG.DE>: Jefferies raises to buy from hold 
    * Ams AG  AMS.S : HSBC raises to buy from hold 
    * Cembra Money Bank AG  CMBN.S : Credit Suisse raises to outperform from neutral 
    * Cobham Plc  COB.L : Berenberg cuts to sell 
    * Hapag Lloyd AG  HLAG.DE : Berenberg, HSBC starts with buy 
       
     
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.  
     
     
    * Aegon NV  AEGN.AS : Barclays cuts target price to $6 from $6.3; rating equal weight 
    * Allianz SE ALVG.DE>: Jefferies raises target price to 183 euros from 146 euros 
    * Allianz SE ALVG.DE>: Jefferies raises to buy from hold 
    * AMS AG  AMS.S : HSBC raises target price to Sfr 47.4 from Sfr 42 
    * AMS AG  AMS.S : HSBC raises to buy from hold 
    * Anglo American  AAL.L : CIBC cuts target price to 250p from 550p; sector underperformer 
    * AT&S  ATSV.VI : HSBC raises target price to 20.4 euros from 18 euros; rating buy ATSV.VI 
    * Aurubis AG  NAFG.DE : HSBC cuts target price to 52.5 euros from 58 euros; rating hold 
    * Auto Trader  AUTOA.L : Jefferies raises target price to 520p from 350p; rating buy 
    * AXA SA  AXAF.PA : Barclays raises target price to $28 from $26.3; rating overweight 
    * AXA SA  AXAF.PA : Jefferies raises target to 28.80 euros from 25.50 euros; rating buy 
    * Beneteau SA  CHBE.PA : SocGen cuts target price to 16.70 euros from 17 euros; rating buy 
    * Cembra Money Bank AG  CMBN.S : Credit Suisse raises target price to Sfr 67 from Sfr 64 
    * Cembra Money Bank AG  CMBN.S : Credit Suisse raises to outperform from neutral 
    * Cobham Plc  COB.L : Berenberg cuts target price to 260p from 300p 
    * Cobham Plc  COB.L : Berenberg cuts to sell 
    * Cosmo Pharmaceuticals  COPN.S : Credit Suisse starts with outperform; target of Sfr 250 
    * Dialog Semiconductor  DLGS.DE : HSBC cuts to hold from buy 
    * Dialog Semiconductor  DLGS.DE : HSBC cuts target to 31.2 euros from 50 euros 
    * Elumeo SE  ELBG.DE : SocGen raises target price to 20 euros from 16 euros; rating hold 
    * Gemalto NV  GTO.AS : HSBC cuts target price to 90 euros from 95 EURS; rating buy 
    * Genmab A/S  GEN.CO : Jefferies raises target price to Dkk 1,150 from Dkk 750; rating buy 
    * Grupo Clarin  GCSAq.L : Santander raises target price to $22 from $18.50; rating buy 
    * Hapag Lloyd AG  HLAG.DE : Berenberg starts with buy; 33 euros target price 
    * Hapag Lloyd AG  HLAG.DE : Credit Suisse starts with neutral; 21.32 euros target price 
    * Hapag Lloyd AG  HLAG.DE : HSBC starts with buy; 27 euros target price 
    * Infineon  IFXGn.DE : HSBC raises target price to 15.7 euros from 12.3 euros; rating buy 
    * Porsche  PSHG_p.DE : JP Morgan cuts target price to 69 euros from 80 euros; rating neutral 
    * Red Electrica  REE.MC : Jefferies starts with buy; 88 euros target price 
    * SAP  SAPG.DE : JP Morgan raises target price to 85 euros from 75 euros; rating overweight 
    * SIG  SHI.L : Jefferies cuts target price to 180p from 250p; rating buy 
    * Siltronic AG  WAFGn.DE : HSBC cuts target price to 30.3 euros from 42 euros; rating buy 
    * Tele2 AB  TEL2b.ST : Credit Suisse raises to neutral; target price to Sek 83 
    * Telecom Italia SpA  TLIT.MI : SocGen raises target price to Eur 1.10; rating hold 
    * Terna  TRN.MI : Jefferies starts with hold; 4.80 euros target price 
 
 (Compiled by Eileen Soreng in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/