EUROPE RESEARCH ROUNDUP: ITV, Xchanging, LSL Property Services

Financiere de Tubize SA

28/02/2013 10:07

Feb 28 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including LSL Property Services and Xchanging, on Thursday.  
     
    HIGHLIGHTS 
    * LSL Property Services   : Numis cuts to add from buy; raises target to 330p from 300p 
    * ITV PLC   : Investec raises to hold from sell; price target to 110p from 100p 
    * Xchanging PLC   : Cantor Fitzgerald raises to buy from hold; target to 145p from 120p 
    * Henderson Group PLC   : UBS cuts to neutral from buy 
       
Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order.  
     
    * Anheuser Busch Inbev SA   : Bernstein raises target to 82 euros from 81 euros 
    * Anite PLC   : Finncap raises target price to 180p from 155p; rating buy 
    * AP Moeller-Maersk   : Credit Suisse raises target to Dkk 42,700 from Dkk 38,000 
    * Arcadis NV   : KBC raises target price to 23 euros from 20 euros; rating accumulate 
    * Barratt   : Liberum raises price target to 270p from 259p; rating buy 
    * Basf SE   : UBS raises price target to 74 euros from 70 euros ; rating neutral 
    * Basf SE   : S&P Capital IQ cuts to hold from buy 
    * Bureau Veritas   : Socgen raises target to 110 euros from 94.5 euros; rating buy 
    * Bureau Veritas   : Exane BNP Paribas raises target to 105 euros from 100 euros 
    * Carrefour SA   : Deutsche Bank raises target price to 23.50 euro from 16.30 euro 
    * Capita PLC   : HSBC raises target price to 690p from 630p; rating underweight 
    * CeWe Color Holding AG   : Dz bank cuts price target to 38 euros from 42 euros 
    * Compagnie D'entreprises CFE SA   : ING raises target to 48.75 euros from 42.5 euros 
    * D E   : UBS cuts price target to 8.7 euros from 9 euros ; rating sell 
    * Derwent London PLC   : Peel Hunt raises to buy from hold  
    * Derwent London PLC   : Peel Hunt raises price target to 2,320p from 2,200p 
    * Deutz Ag   : DZ Bank raises to buy from hold; target to 4.50 euros from 3.10 euros 
    * Dogan Holding   : HSBC raises to overweight from neutral 
    * Dogan Holding   : HSBC raises target to Tl 1.30 from Tl 0.90 
    * EADS   : Kepler raises target price to 42 euros from 38 euros; rating buy 
    * EDP Renovaveis SA   : Exane BNP Paribas cuts target to 4.7 euros from 5.1 euros 
    * EFG International AG   : Deutsche Bank raises target to CHF 12.00 from CHF 9.00 
    * Endesa SA   : UBS raises price target to 18 euros from 16.5 euros ; rating neutral 
    * ENI SPA   : HSBC cuts target price to 19 euros from 20 euros; rating neutral 
    * Eurofins Scientific   : HSBC raises to overweight from neutral 
    * Eurofins Scientific   : HSBC raises price target to 172.50 euros from 127.50 euros 
    * Financiere De Tubize SA   : KBC raises target to 49 euros from 45 euros; rating buy 
    * Filtrona Plc   : Numis raises to buy from hold 
    * Genel Energy PLC   : Investec cuts target price to 1000P from 1104P; rating buy 
    * Georg Fischer AG   : Credit Suisse raises target to Sfr 510 from Sfr 480 
    * Gooch & Housego   : N+1 Singer raises to buy from hold; target to 515p from 470p 
    * Hays Plc   : Jefferies raises target price to 115p from 105p; rating buy 
    * Henderson Group PLC   : UBS cuts to neutral from buy 
    * Henderson Group PLC   : Numis cuts target price to 154p from 161p; rating hold 
    * Hikma Pharmaceuticals PLC   : Panmure raises target to 930p from 825p; rating buy 
    * Holcim Ltd   : Jefferies raises target price to Sfr 83 from Sfr 82; rating buy 
    * Imtech   : KBC cuts target price to 12.50 euros from 18 euros; rating buy 
    * Intu Properties PLC   : Exane BNP Paribas cuts target price to 340p from 360p 
    * Interserve PLC   : UBS raises target price to 375p from 345p; rating sell 
    * Ipsen SA   : Credit Suisse raises target to 22.80 euros from 21.50 euros 
    * Ipsen SA   : Exane BNP Paribas ups target to 28 euros from 26 euros; rating neutral 
    * ITV PLC   : Investec raises to hold from sell; price target to 110p from 100p 
    * ITV PLC   : Westhouse Securities raises to buy from add; target to 141p from 133p 
    * ITV PLC   : Panmure raises target price to 180p from 140p; rating buy 
    * Kier Group PLC   : Numis cuts to add from buy 
    * Lavendon Group PLC   : Peel Hunt raises price target to 200p from 180p; rating buy 
    * LSL Property Services   : Numis cuts to add from buy; raises target to 330p from 300p 
    * LSL Property Services   : Panmure raises target price to 337p from 287p; rating buy 
    * Mitie Group PLC   : HSBC raises target price to 280p from 275p; rating neutral 
    * Norbert Dentressangle SA   : Socgen raises target to 70 euros from 64 euros 
    * Norbert Dentressangle   : Exane BNP Paribas ups target to 72 euros from 61 euros 
    * Pearson PLC   : NUMIS cuts target price to 1192p from 1311p; rating hold 
    * Red Electrica Corporacion SA   : Socgen raises target to 42.4 euros from 39.6 euros 
    * Ricardo PLC   : Peel Hunt raises target price to 475p from 450p; rating buy 
    * RPS Group PLC   : Peel Hunt raises target price to 264p from 254p; rating buy 
    * RWE AG   : UBS cuts price target to 22.5 euros from 24 euros; rating sell 
    * Saint Gobain SA   : UBS cuts target to 33 euros from 33.5 euros; rating neutral 
    * Segro PLC   : Exane BNP Paribas raises target to 250p from 240p; rating neutral 
    * Spirent Communications PLC   : Numis cuts to hold from add 
    * Standard Life PLC   : Credit Suisse raises target to 321p from 315p 
    * Teleperformance SA   : Exane BNP Paribas raises target to 34 euros from 31 euros 
    * Tessenderlo Chemie NV   : KBC cuts to hold from accumulate 
    * Tessenderlo Chemie NV   : KBC cuts price target to 25 euros from 26 euros 
    * UCB S.A.   : KBC raises to buy from hold; target price to 48 euros from 43.5 euros 
    * Vitec Group PLC   : Investec raises price target to 740P from 700P; rating buy 
    * William Demant Holding A/S   : UBS cuts target to dkk 510 from dkk 540; rating buy 
    * Wilmington Group PLC   : Peel Hunt raises target price to 140p from 135p; rating sell 
    * Xchanging PLC   : Cantor Fitzgerald raises to buy from hold; target to 145p from 120p 
    * Xchanging PLC   : Liberum capital raises target by 10 percent to 11P, rating buy 
     
 
 (Compiled by Tej Sapru in Bangalore) 
 ((tej.sapru@thomsonreuters.com)(within U.S. +1 646 223 8780 outside U.S. +91 80 4135 
5800)(Reuters Messaging: tej.sapru.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/