Europe Research Roundup: L'Oreal, Santander, Atlas Copco

Eurocommercial Properties NV

18/06/2015 07:42

June 18 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Drax Group and Eurocommercial Properties, on Thursday.  
     
    HIGHLIGHTS 
    * Atlas Copco  ATCOa.ST : UBS lifts rating to neutral from sell  
    * Drax Group  DRX.L : RBC cuts to sector perform from outperform     
    * L'Oreal  OREP.PA : Canaccord Genuity cuts to sell from hold 
    * Santander  SAN.MC : JP Morgan raises to overweight from neutral 
    * Eurocommercial Properties  SIPFc.AS : SocGen raises to buy from hold 
                   
Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order.   
     
    * Powerflute  POWR.L : Davy Research starts with outperform rating; price target 80p 
    * ABB Ltd  ABBN.VX : UBS cuts to sell from neutral; target price to Sfr 18 from Sfr 19.5 
    * Aena  AENA.MC : Deutsche Bank starts with sell; price target 86 euros 
    * Altarea Cogedim  IMAF.PA : SocGen cuts to hold from buy;target to 177 euros from 199 euros 
    * Altice  ATCE.AS : Deutsche Bank starts with hold; price target 105 euros 
    * Alumetal  AMT.WA : ING starts with hold rating 
    * Alumetal  AMT.WA : ING starts with price target Pln 56.68 
    * Anheuser-Busch Inbev  ABI.BR : Canaccord Genuity raises target to 134 euros from 125 euros 
    * Associated British Foods  ABF.L : Canaccord Genuity cuts target to 2580p from 2650p; sell  
    * Atlas Copco  ATCOa.ST : UBS ups to neutral from sell; target price to Sek 225 from Sek 200 
    * Banca Popolare Dell'emilia Romagna  EMII.MI :Nomura resumes with buy; price target 8 euros 
    * Banca Popolare Di Milano  PMII.MI :Nomura ups target to 0.80 euros from 0.70 euros;neutral 
    * Banco Popolare  BAPO.MI : Nomura raises target to 13.50 euros from 12.60 euros; neutral  
    * Beiersdorf AG  BEIG.DE : Canaccord Genuity raises target to 65 euros from 55 euros; sell 
    * Berkeley Group  BKGH.L : Citigroup raises price target to 3495p from 3085p; rating neutral 
    * Berkeley Group  BKGH.L : Deutsche Bank cuts price target to 3346p from 3474p 
    * Berkeley Group  BKGH.L : HSBC raises target price to 3970p from 3565p; rating buy 
    * Betfair  BETF.L : Jefferies cuts to hold rating 
    * Betfair  BETF.L : Jefferies raises target price to 2400p from 2050p 
    * Betfair  BETF.L : Barclays raises target price to 2600p from 2500p; rating overweight 
    * British American Tobacco  BATS.L : Canaccord Genuity ups target to 3005p from 2295p;sell  
    * Carlsberg  CARLb.CO : Canaccord Genuity raises target to Dkk 597 from Dkk 550; rating hold 
    * Coloplast  COLOb.CO : JP Morgan cuts target to Dkk 375 from Dkk 395; rating underweight 
    * Danone  DANO.PA : Canaccord Genuity raises target to 53 euros from 45 euros; rating sell 
    * Danone  DANO.PA : Exane BNP Paribas cuts price target by 6 pct to 60 euros; rating neutral 
    * Deutsche Euroshop  DEQGn.DE : SocGen cuts target to 48 euros from 54 euros; rating buy  
    * Deutsche Post  DPWGn.DE : JP Morgan cuts target to 27.25 euros from 29 euros; neutral 
    * Diageo  DGE.L : Canaccord Genuity raises price target to 1662p from 1515p; rating sell 
    * Drax Group  DRX.L : RBC cuts price target to 380p from 575p 
    * Drax Group  DRX.L : RBC cuts to sector perform from outperform 
    * Ergomed  ERGO.L : N+1 Singer starts with buy rating 
    * Eurocommercial Properties  SIPFc.AS : SocGen raises to buy from hold 
    * Flybe  FLYB.L : Cantor cuts price target to 75p from 80p; rating hold 
    * Geberit AG  GEBN.VX : UBS cuts target price to Sfr 320 from Sfr 330; rating neutral 
    * Gemalto  GTO.AS : JP Morgan starts with overweight rating; price target 95 euros 
    * Glencore  GLEN.L : JP Morgan cuts price target to 240p from 250p; rating underweight 
    * Hays Plc  HAYS.L : Investec raises price target to 195p from 178p; rating buy     
    * Heineken  HEIN.AS : Canaccord Genuity raises target to 68 euros from 66 euros; rating hold 
    * Hellermanntyton  HTY.L : Berenberg starts with hold rating; 360p target price 
    * Henkel  HNKG_p.DE : Canaccord Genuity raises price target to 120 euros from 100 euros   
    * Henkel  HNKG_p.DE : Canaccord Genuity raises to buy from hold   
    * IGD  IGD.MI : SocGen cuts target price by 10 percent to 0.90 euros; rating buy IGD.MI 
    * Imperial Tobacco IMT.L>: Canaccord Genuity raises target to 2705p from 2200p; rating sell 
    * Ingenico  INGC.PA : JP Morgan starts with neutral rating; price target 108.50 euros 
    * Jeronimo Martins  JMT.LS : Nomura raises target to 10 euros from 9 euros; rating reduce   
    * Klepierre  LOIM.PA : SocGen cuts target price to 45 euros from 51 euros; rating buy 
    * Liontrust Asset Management  LIO.L : N+1 Singer raises target to 343p from 310p; rating buy 
    * Lloyds Banking  LLOY.L : Credit Suisse raises target price to 80p from 72p; rating neutral 
    * L'Oreal  OREP.PA : Canaccord Genuity cuts to sell from hold 
    * Meggitt MGGT.L>: Exane BNP Paribas raises to neutral from underperform 
    * Mercialys  MERY.PA : SocGen cuts target price to 22 euros from 25 euros; rating hold 
    * Michael Page  MPI.L : Investec raises price target to 580p from 420p; rating hold   
    * NH Hotel  NHH.MC : UBS raises target price to 5.25 euros from 5.2 euros; rating buy 
    * OHL  OHL.MC : UBS cuts target price to 17 euros from 25 euros; rating buy 
    * Orion  ORNBV.HE : Jefferies raises target price to 33.80 euros from 28 euros 
    * Orion  ORNBV.HE : Jefferies raises to buy from hold 
    * Pearson  PSON.L : Investec cuts to reduce from hold 
    * Pegasus Airlines  PGSUS.IS : Credit Suisse cuts target to Tl 25.90 from Tl 29.80; neutral 
    * Pernod Ricard PERP.PA : Canaccord Genuity ups target to 86 euros from 81 euros;rating sell 
    * Polypipe  PLP.L : Berenberg starts with buy rating; 340p target price 
    * PostNL  PTNL.AS : Rabobank raises target price to 6.25 euros from 4.75 euros; rating buy 
    * Poxel SA  POXEL.PA : SocGen raises to buy from hold 
    * Reckitt Benckiser  RB.L : Canaccord Genuity raises price target to 5333p from 4600p   
    * Reckitt Benckiser Group Plc  RB.L : Canaccord Genuity raises to hold from sell   
    * Remy Cointreau  RCOP.PA : Exane BNP Paribas ups target by 4 pct to 70 euros;rating neutral 
    * Repsol SA  REP.MC : UBS cuts target price to 17 euros from 18 euros; rating neutral 
    * Rio Tinto Plc  RIO.L : JP Morgan cuts price target to 3250p from 3300p; rating overweight  
    * Robert Walters  RWA.L : Investec raises price target to 520p from 420p; rating buy   
    * Rotork Plc  ROR.L : Exane BNP Paribas cuts price target to 220p from 245p  
    * Rotork Plc  ROR.L : Exane BNP Paribas cuts to underperform from neutral  
    * SABMiller  SAB.L : Canaccord Genuity raises price target to 4,056p from 4,010p; rating buy 
    * Santander  SAN.MC : JP Morgan raises to overweight from neutral 
    * Santander  SAN.MC : JP Morgan raises price target to 8.20 euros from 7.30 euros 
    * Spectris Plc  SXS.L : Exane BNP Paribas raises price target to 2,500p from 2,375p  
    * Spectris Plc  SXS.L : Exane BNP Paribas raises to outperform from neutral  
    * Sthree  STHR.L : Investec cuts to hold from buy 
    * Sthree  STHR.L : Investec raises price target to 395p from 370p 
    * Suedzucker AG  SZUG.DE : Goldman Sachs cuts price target to 10.2 euros from 10.6 euros 
    * Suedzucker AG  SZUG.DE : Goldman Sachs cuts to sell f