Europe Research Roundup: Ackermans, Credit Suisse, Red Electrica

ER Capital Nv

26/05/2014 12:36

May 26 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Ackermans, Credit Suisse and Red Electrica, on Monday.  
     
    HIGHLIGHTS 
    * Ackermans  ACKB.BR : KBC raises to accumulate from hold rating 
    * Credit Suisse  CSGN.VX : Deutsche Bank raises to buy from hold rating 
    * Red Electrica  REE.MC : SocGen raises to buy from hold 
       
     
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.  
     
     
    * Ackermans  ACKB.BR : KBC raises to accumulate from hold rating 
    * Credit Suisse  CSGN.VX : Deutsche Bank raises to buy from hold rating 
    * Getinge  GETIb.ST : Danske Bank cuts to hold rating 
    * Hugo Boss  BOSSn.DE : DZ Bank raises price target to 120 euros from 101 euros; rating buy 
    * Intesa Sanpaolo  ISP.MI : ESN/Banca Akros raises to accumulate from hold 
    * KWS  KWSG.DE : Commerzbank cuts price target to 249 euros from 280 euros; hold 
    * LSE  LSE.L : BMO raises target price to 1800p from 1700p; rating market perform 
    * Megafon  MFONq.L : Citigroup cuts target price to $30.20 from $32.30; rating neutral  
    * Red Electrica  REE.MC : SocGen raises to buy from hold rating 
    * Seplat  SEPL.L : Renaissance Capital starts with buy; price target 300p 
    * SimCorp  SIM.CO : Danske Bank raises to buy from hold 
    * Sioen  SIOE.BR : KBC raises to buy from hold  
    * Stada Arzneimittel  STAGn.DE : Helvea Baader Bank ups price target to 35 euros from 34 eur 
    * Tie Kinetix  TIEH.AS : ESN/SNS Securities raises to buy from hold 
    * Unicredit  TIEH.AS : ESN/Banca Akros raises to accumulate from hold 
    * Vetropack  VET.S : Helvea Baader Bank cuts price target to sfr 1680 from sfr 1750; hold  
 
 (Compiled by Fareha Khan in Bangalore) 
 ((fareha.khan@thomsonreuters.com)(within U.S. +1 646 223 8780 outside U.S. +91 80 6749 
1130)(Reuters Messaging: fareha.khan.thomsonsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/