Europe Research Roundup: Ferrari, Restaurant Group, Tekfen Holding

ENKA Insaat ve Sanayi AS

11/10/2018 08:34

Oct 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ferrari, Restaurant Group Plc and Tekfen Holding, on Thursday. 
    
  HIGHLIGHTS  
     * Aena Sme SA  AENA.MC : Kepler Cheuvreux cuts to hold from buy 
     * Ferrari  RACE.MI : Jefferies cuts to hold from buy
     * Grifols  GRLS.MC : Berenberg raises to buy from hold
     * Restaurant Group Plc  RTN.L : HSBC raises to buy from hold
     * Tekfen Holding  TKFEN.IS : Morgan Stanley raises to equal-weight from underweight   
    
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. See bottom of the table for sector changes.  
     * Acea SpA  ACE.MI : Kepler Cheuvreux cuts target price to 15.5 euros from 17 euros
     * Aena Sme SA  AENA.MC : Credit Suisse raises target price to 170 euros from 167 euros
     * Aena Sme SA  AENA.MC : Credit Suisse raises target price to EUR 170 from EUR 167
     * Aena Sme SA  AENA.MC : Kepler Cheuvreux cuts target price to 153 euros from 175 euros
     * Aena Sme SA  AENA.MC : Kepler Cheuvreux cuts to hold from buy 
     * Ams AG  AMS.S : Credit Suisse cuts target price to SFR 67 from SFR 80
     * Aston Martin Lagonda Global  AML.L : Jefferies starts coverage with target of 1400p
     * Aston Martin Lagonda Global  AML.L : Jefferies starts coverage with underperform rating 
     * Austevoll  SEAFOOD : Nordea Markets raises share to NOK 150 from NOK 130, reiterates buy
     * Bastide Groupe  BATD.PA : Portzamparc raises to buy from accumulate 
     * Bastide Groupe  BATD.PA : Portzamparc cuts target price to EUR 50 from EUR 55
     * Campari  CPRI.MI : Jefferies cuts price target to EUR 6.70 from EUR 7
     * Casino SA  CASP.PA : HSBC cuts target price to EUR 43 from EUR 55; rating buy
     * Cybg Plc  CYBGC.L : Credit Suisse assumes coverage with underperform rating; 285p TP
     * Danone  DANO.PA : UBS cuts target price to 73 euros from 74 euros
     * Danske Bank  DANSKE.CO : Berenberg cuts price target to DKK 190 from DKK 210
     * Data Respons ASA  DAT.OL : Kepler Cheuvreux raises target to NOK 32 from NOK 30
     * Dechra Pharmaceuticals Plc  DPH.L : Jefferies cuts price target to 2491p from 2726p
     * Eiffage  FOUG.PA : HSBC raises target price to EUR 100 from EUR 96; rating hold
     * Electrolux  ELUXb.ST : Morgan Stanley cuts target price to SEK 234 from SEK 250
     * Enka Insaat  ENKAI.IS : Morgan Stanley raises price target to TL 6 from TL 4.97
     * Epiroc AB  EPIRa.ST : Morgan Stanley raises target price to SEK 104 from SEK 100
     * Euronext NV  ENX.PA : KBW raises target price to EUR 64 from EUR 63
     * Europris ASA  EPRI.OL : Kepler Cheuvreux cuts target price to NOK 30 from NOK 35
     * Faurecia  EPED.PA : Credit Suisse cuts target price to EUR 66 from EUR 76
     * Fellow Finance Oyj  FELLOW.HE : Inderes initiates with rating buy, target EUR 10.4
     * Ferguson Plc  FERG.L : Liberum cuts target price to 6500p from 6518p
     * Ferrari  RACE.MI : Jefferies cuts price target to EUR 115 from EUR 125
     * Ferrari  RACE.MI : Jefferies cuts to hold from buy
     * Flsmidth  FLS.CO : Morgan Stanley cuts target price to DKK 430 from DKK 448
     * G5 Entertainment AB (Publ)  G5EN.ST : Carnegie Securities starts with buy rating
     * Gerresheimer  GXIG.DE : Independent Research cuts TP to 72.0 euros from 77.0 euros;hold
     * Grieg  SEAFOOD : Nordea Markets raises share TP to NOK 150 from NOK 110, reiterates buy
     * Grifols  GRLS.MC : Berenberg raises to buy from hold
     * Hera SpA  HRA.MI : Kepler Cheuvreux cuts target price to 3.4 euros from 3.5 euros
     * Indivior Plc  INDV.L : Jefferies cuts price target to 245p from 250p
     * Infineon Technologies  IFXGn.DE :Independent Research cuts TP to EUR 23 from EUR 23.50
     * Infineon Technologies  IFXGn.DE : Independent Research raises to buy from hold
     * Ingenico  INGC.PA : Brokerage Bryan Garnier raises rating ON ingenico to buy vs sell
     * Ingenico Group SA  INGC.PA : Bryan Garnier raises to buy from sell
     * Ingenico Group SA  INGC.PA : Invest Securities raises to buy from neutral; TP EUR 78
     * Intesa Sanpaolo SpA  ISP.MI : Independent Research cuts to hold from buy 
     * Intesa Sanpaolo SpA  ISP.MI : Independent Research cuts target to EUR 2.30 from EUR 3.20
     * Iren SpA  IREE.MI : Kepler Cheuvreux cuts target price to 2.6 euros from 2.7 euros
     * Jeronimo Martins SA  JMT.LS : Kepler Cheuvreux cuts target to 11.15 euros from 12 euros
     * Keller Group Plc  KLR.L : Jefferies cuts price target to 1357p from 1426p
     * Kion Group AG  KGX.DE : Morgan Stanley cuts target price to EUR 70 from EUR 80
     * Knowit AB (Publ)  Know.St : Handelsbanken raises target price to SEK 230 from SEK 225
     * Landis+Gyr Group AG  LANDI.S : Morgan Stanley cuts target price to SFR 62 from SFR 71.4
     * Leroey  SEAFOOD :Nordea Markets raises share target to NOK 85 from NOK 70,reiterates buy
     * L'Oreal  OREP.PA : UBS cuts target price to 215 euros from 225 euros
     * LVMH  LVMH.PA : Invest Securities cuts target price to EUR 255 from EUR 291; neutral
     * LVMH  LVMH.PA : Raymond James cuts price target to 316 euros from 331 euros
     * LVMH  LVMH.PA : Telsey Advisory Group cuts price target to EUR 300 from EUR 330
     * Marston's Plc  MARS.L : Canaccord Genuity cuts price target to 105p from 110p
     * Mithra Pharmaceuticals  MITRA.BR : Kepler Cheuvreux cuts TP to 37 euros from 40.5 euros
     * Montea Comm Va  MONTE.BR : KBC Securities raises TP to EUR 56.00 from EUR 55.00; hold
     * Morphosys AG  MORG.DE : Oddo BHF raises to buy from neutral
     * N Brown Group Plc  BWNG.L : Jefferies cuts price target to 145p from 346p
     * N Brown Group Plc  BWNG.L : Jefferies cuts to hold from buy 
     * Nexans  NEXS.PA : Morgan Stanley cuts target price to EUR 37 from EUR 39
     * Nokia Oyj  NOKIA.HE : Carnegie Securities raises to buy from hold 
     * Nokia Oyj  NOKIA.HE : Carnegie Securities raises target price to EUR 5.50 from EUR 4.80
     * Norway Royal SALMON :Nordea Markets ups share TP to NOK 250 from NOK 225,reiterates buy
     * Osram Licht AG  OSRn.DE : Morgan Stanley cuts target price to EUR 44 from EUR 47
     * Polar Capital Holdings Plc  POLR.L : Canaccord Genuity raises to buy from hold 
     * Polar Capital Holdings Plc  POLR.L : Canaccord Genuity raises TP to 756p from 725p
     * Polar Capital Holdings Plc  POLR.L : KBW raises target price to 700p from 660p
     * Prysmian  PRY.MI : Morgan Stanley cuts target price to EUR 27 from EUR 30
     * Raisio Oyj  RAIVV.HE : Carnegie Securities raises to hold rating
     * Restaurant Group Plc  RTN.L : HSBC raises target price to 370p from 265p
     * Restaurant Group Plc  RTN.L : HSBC raises to buy from hold
     * Roche Holding AG  ROG.S : Liberum raises target price to SFR 275 from SFR 270
     * Saab AB  SAABb.ST : Kepler Cheuvreux raises target price to SEK 515 from SEK 460
     * Sabre Insurance Group Plc  SBRE.L : Barclays raises target price to 288p from 286p
     * Senvion SA  SENG.DE : Morgan Stanley cuts target price to EUR 7.3 from EUR 8.4
     * SMRE SpA  SMRR.MI : Kepler Cheuvreux cuts target price to 5.8 euros from 6.1 euros
     * Starbreeze AB  STZEb.ST : Carnegie Securities starts with hold rating
     * Suedzucker  SZUG.DE : Independent Research cuts target to 10.5 euros from 12.4 euros
     * Suedzucker  SZUG.DE : Independent Research cuts to sell from hold
     * Taaleri Oyj  TAALA.HE : Inderes cuts target price to EUR 11.50 from EUR 11.80; buy
     * Takeaway.Com NV  TKWY.AS : Barclays cuts target price to EUR 69.40 from EUR 70
     * Tekfen Holding  TKFEN.IS : Morgan Stanley raises price target to TL 23 from TL 14.80
     * Tekfen Holding  TKFEN.IS : Morgan Stanley raises to equal-weight from underweight 
     * Vat Group AG  VACN.S : Kepler Cheuvreux cuts target price to SFR 110 from SFR 150
     * Volution Group  FAN.L : Berenberg cuts price target to 220p from 240p
     * Wentworth Resources Ltd  WRLW.L : Stifel raises target price to 38p from 36p
     * Wizz Air Holdings Plc  WIZZ.L : Berenberg cuts target price to 3800p from 4000p
     * XXL ASA  XXLA.OL : Kepler Cheuvreux cuts target price to NOK 50 from NOK 70
 
   SECTOR CHANGE
   * Bakkafrost: Nordea Markets Reiterates hold recommendation
   * Salmar: Nordea Markets raises to hold from sell
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))