Europe Research Roundup: Aedas Homes, Leonardo, Rio Tinto

Eurocommercial Properties NV

15/09/2020 08:51

Sept 15 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aedas Homes, Leonardo and Rio Tinto on Tuesday. 
    
    HIGHLIGHTS
     * Aedas Homes SA  AEDAS.MC : Citigroup cuts to neutral from buy
     * Leonardo SpA  LDOF.MI : SocGen raises to buy from hold
     * Rio Tinto  RIO.L : Barclays raises to equal weight from underweight 
     * SGS SA  SGSN.S : HSBC raises to hold from reduce
    
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 

     * Aedas Homes SA  AEDAS.MC : Citigroup cuts to neutral from buy
     * Aedas Homes SA  AEDAS.MC : Citigroup cuts price target to EUR 18.7 from EUR 24.4
     * Anglo American  AAL.L : JP Morgan Establishes Dec-21 PT of 2400p vs Dec-20 PT of 2750p
     * Ao World Plc  AO.L : Peel Hunt reinitiates with buy rating and 249p target price
     * BHP Group Ltd  BHPB.L : JP Morgan Establishes Dec-21 PT of 2260p vs Dec-20 PT of 2140p
     * Bureau Veritas  BVI.PA : HSBC raises to buy from hold; raises PT to EUR 24 from EUR 20
     * Dialog Semiconductor Plc  DLGS.DE : Credit Suisse cuts target price to EUR 49 from EUR 51
     * Eurocommercial Properties NV  SIPFc.AS : JP Morgan raises PT to EUR 15 from EUR 12
     * Eurocommercial Properties NV  SIPFc.AS : JP Morgan raises to neutral from underweight
     * Fresnillo Plc  FRES.L : Citigroup raises price target to 1600p from 1500p
     * G4S  GFS.L : Deutsche Bank cuts to hold from buy
     * G4S  GFS.L : RBC raises target price to 215p from 180p
     * Glencore  GLEN.L : JP Morgan Establishes Dec-21 PT of 210p vs Dec-20 target price of 180p
     * Glencore  GLEN.L : RBC raises to outperform from sector perform
     * Glencore  GLEN.L : RBC raises target price to 240p from 220p
     * Inchcape Plc  INCH.L : Peel Hunt raises to buy from add
     * Inditex  ITX.MC : HSBC cuts target price to EUR 28 from EUR 30
     * Intertek  ITRK.L : HSBC raises target price to 5,000p from 4,220p
     * Leonardo SpA  LDOF.MI : SocGen raises to buy from hold
     * Leonardo SpA  LDOF.MI : SocGen cuts target price to EUR 6.5 from EUR 6.8
     * Mapfre  MAP.MC : Credit Suisse cuts target price to EUR 1.38 from EUR 1.40
     * McBride Plc  MCB.L : Jefferies raises target price to 69p from 65p
     * Merck KGaA  MRCG.DE : JP Morgan raises target price to EUR 130 from EUR 110
     * Oxford Biomedica Plc  OXB.L : Peel Hunt raises target price to 1,010p from 1,000p
     * Polymetal  POLYP.L : Citigroup raises price target to 2400p from 2250p
     * RDI REIT Plc  RDI.L : JP Morgan raises target price to 95p from 75p
     * Rio Tinto  RIO.L : Barclays raises to equal weight from underweight 
     * Rio Tinto  RIO.L : Barclays raises target price to 4000p from 3600p
     * Rio Tinto  RIO.L : JP Morgan Establishes Dec-21 PT of 6350p vs Dec-20 PT of 6500p
     * Rio Tinto  RIO.L : JP Morgan raises to overweight from neutral
     * SGS SA  SGSN.S : HSBC raises to hold from reduce
     * SGS SA  SGSN.S : HSBC raises price target to CHF 2,350 from CHF 1,850
     * STMicroelectronics NV  STM.PA : Credit Suisse cuts target price to EUR 28.5 from EUR 30
     * Subsea 7 SA  SUBC.OL : Credit Suisse raises target price to NOK 87 from NOK 82
 

 (Compiled by Bengaluru Newsroom)
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