Europe Research Roundup: Adidas, Erste Group Bank, Repsol

Erste Bank AG

Yesterday 08:44

June 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Erste Group Bank and Repsol on Wednesday. 

HIGHLIGHTS
* Adidas AG ADSGn.DE: RBC raises to outperform from sector perform
* BESI BESI.AS: Berenberg raises target price to EUR 240 from EUR 140 
* Erste Group Bank AG ERST.VI: Morgan Stanley raises PT to EUR 112 from EUR 109 
* Repsol REP.MC: Alphavalue raises to buy from add 
* Soitec SA SOIT.PA: Berenberg raises target price to EUR 138 from EUR 28 
Following is a summary of research actions on European companies reported by Reuters on Wednesday.Stock entries are in alphabetical order. 

* ABN Amro ABNd.AS: UBS raises target price to EUR 42 from EUR 41 
* Adidas AG ADSGn.DE: RBC raises raises target price to EUR 210 from EUR 170 
* Adidas AG ADSGn.DE: RBC raises to outperform from sector perform
* Amplifon SpA AMPF.MI: Barclays raises target price to EUR 10.50 from EUR 10 
* Anheuser ABI.BR: UBS raises target price to EUR 88 from EUR 85 
* Antofagasta ANTO.L: Bernstein raises target price to 2,800p from 2,600p 
* Ap Moller Maersk MAERSKb.CO: Barclays raises target price to DKK 16,500 from DKK 14,300 
* B&M BMEB.L: Deutsche Bank raises target price to 185p from 155p 
* Basic BFIT.AS: UBS raises target price to EUR 43.50 from EUR 23.50
* Basic BFIT.AS: UBS raises to buy from neutral 
* Beiersdorf AG BEIG.DE: Barclays cuts target price to EUR 76 from EUR 82 
* Beiersdorf AG BEIG.DE: Barclays cuts to equal-weight from overweight 
* Bellway BWY.L: Deutsche Bank cuts target price to 2,917p from 3,362p 
* BESI BESI.AS: Berenberg raises target price to EUR 240 from EUR 140 
* Big Yellow Group Plc BYG.L: Peel Hunt cuts target price to 900p from 950p 
* Brck Group Plc BRCK.L: Canaccord Genuity cuts target price to 93p from 106p 
* Burckhardt Compression Holding AG BCHN.S: Kepler Cheuvreux cuts PT  to CHF 505 from CHF 550 
* Comet COTNE.S: UBS raises target price to CHF 452 from CHF 405 
* DCC DCC.L: Berenberg raises target price to 6,700p from 6,300p 
* Demant DEMANT.CO: BofA Global Research raises price objective to DKK 280 from DKK 170 
* Demant DEMANT.CO: BofA Global Research raises to buy from underperform
* Demant A/S DEMANT.CO: Barclays raises target price to DKK 240 from DKK 210 
* EasyJet EZJ.L: Deutsche Bank raises target price to 540p from 340p
* EasyJet EZJ.L: Deutsche Bank raises to hold from sell 
* Endesa ELE.MC: Kepler Cheuvreux raises target price to EUR 31 from EUR 23.70 
* ENKA Insaat ENKAI.IS: HSBC cuts to hold from buy 
* Erste Group Bank AG ERST.VI: Morgan Stanley raises PT to EUR 112 from EUR 109 
* Experian EXPN.L: Deutsche Bank cuts target price to 3,500p from 4,000p 
* Fielmann FIEG.DE: Deutsche Bank initiates coverage with buy rating and target price EUR 63 
* Haypp Group HAYPP.ST: Barclays cuts target price to SEK 170 from SEK 190 
* Inficon IFCN.S: UBS raises target price to CHF 190 from CHF 170 
* Kardex Holding AG KARN.S: Kepler Cheuvreux cuts target price to CHF 310 from CHF 360 
* Londonmetric LMPL.L: Morgan Stanley cuts target price to 195p from 205p 
* Mj Gleeson Plc GLEG.L: Stifel cuts target price to 290p from 310p 
* Molten Ventures Plc GROW.L: Deutsche Bank raises target price to 877p from 760p 
* Oxford Instruments Plc OXIG.L: Deutsche Bank raises target price to 3,450p from 2,900p 
* Poste Italiane PST.MI: Deutsche Bank raises target price to EUR 29.10 from EUR 21 
* Reckitt Benckiser Group Plc RKT.L: Barclays cuts target price to 5,600p from 6,000p 
* Repsol REP.MC: Alphavalue raises to buy from add 
* Rockwool International A/S ROCKb.CO: Morgan Stanley raises PT to DKK 263 from DKK 250 
* J Sainsbury Plc SBRY.L: Barclays cuts target price to 355p from 360p 
* Salvatore Ferragamo SpA SFER.MI: Citigroup raises PT to EUR 9.85 from EUR 7.5 
* Schaeffler AG SHA0n.DE: Citigroup raises target price to EUR 13 from EUR 9 
* Skanska AB SKAb.ST: Morgan Stanley cuts target price to SEK 272 from SEK 285 
* Soitec SA SOIT.PA: Berenberg raises target price to EUR 138 from EUR 28 
* Soitec SA SOIT.PA: Jefferies cuts to underperform from hold
* Soitec SA SOIT.PA: Jefferies raises PT to EUR 85 from EUR 45 
* Soitec SA SOIT.PA: Susquehanna raises target price to EUR 150 from EUR 40
* Solvay SOLB.BR: Deutsche Bank raises target price to EUR 26 from EUR 23.50 
* Solvay SOLB.BR: Deutsche Bank raises to hold from sell 
* STMicroelectronics NV STMPA.PA: BofA Global Research raises PT to EUR 86 from EUR 71 
* STMicroelectronics NV STMPA.PA: BofA Global Research raises to buy from neutral rating 
* TKMS AG & Co KGaA TKMS.DE: Kepler Cheuvreux initiates coverage with target price EUR 66 
* TKMS AG & Co KGaA TKMS.DE: Kepler Cheuvreux initiates coverage with reduce rating
* Unilever Plc ULVR.AS: Barclays raises target price to EUR 65.44 from EUR 63.59 
* Unilever Plc ULVR.L: Barclays raises target price to 5,650p from 5,500p 
* VAT Group AG VACN.S: UBS raises target price to CHF 745 from CHF 650 
* Viridien SA VIRI.PA: Bernstein cuts target price to EUR 130 from EUR 163 
* WH Smith Plc SMWH.L: Peel Hunt resumes coverage with price target 370p 
* WH Smith Plc SMWH.L: Peel Hunt resumes coverage with hold rating
* Workspace WKP.L: Jefferies cuts target price to 406p from 424p 
* Wienerberger AG WBSV.VI: Morgan Stanley cuts target price to EUR 23 from EUR 29 
* Wienerberger AG WBSV.VI: Morgan Stanley cuts to underweight from equal weight 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))