Europe Research Roundup: Unicredit, IMI, Bodycote
20/11/2015 12:06
Nov 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bodycote, IMI and Barclays, on Friday.
HIGHLIGHTS
* IMI IMI.L : Nomura raises to buy from reduce
* Bodycote Plc BOY.L : Finncap cuts to hold from buy
* Barclays BARC.L : Morgan Stanley cuts to equalweight from overweight
* Ophir Energy OPHR.L : Davy starts with neutral
* Unicredit CRDI.MI : Barclays cuts to underweight from equal weight
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Agfa Gevaert NV AGFB.BR : ING raises target price to 4.20 euros from 2.70 euros; hold
* Air France-Klm AIRF.PA : HSBC cuts price target to 8.45 euros from 8.5 euros; rating buy
* Air France-Klm AIRF.PA : Goldman Sachs raises target to 8.3 euros from 7.35 euros;neutral
* Alpha Bank SA ACBr.AT : HSBC cuts price target to 0.095 eur from 0.137 eur; rating buy
* Alstom SA ALSO.PA : UBS cuts to neutral from buy; target price to 29 euros from 30 euros
* Andritz AG ANDR.VI : Commerzbank raises to buy from add
* Anglo American Plc AAL.L : UBS cuts target price to 500p from 800p
* Assa Abloy AB ASSAb.ST : Credit Suisse raises target price to Sek 195 from Sek 180
* Avon Rubber Plc AVON.L : N+1 Singer raises target price to 1100p from 1040p; rating hold
* Babcock International BAB.L : Deutsche Bank cuts target price to 1125p from 1200p; buy
* BAE Systems Plc BAES.L : Investec raises to buy from sell
* BAE Systems Plc BAES.L : Investec raises target price to 530p from 410p
* Barclays BARC.L : Morgan Stanley cuts to equalweight from overweight
* Barclays BARC.L : Morgan Stanley cuts target price to 250p from 310p
* BHP Billiton BLT.L : Barclays cuts target price to 900p from 1155p; rating equal weight
* BHP Billiton BLT.L : UBS cuts target price to 1100p from 1400p; rating buy
* Bodycote Plc BOY.L : Morgan Stanley cuts price target to 640p from 700p; overweight
* Bodycote Plc BOY.L : Finncap cuts to hold from buy
* Bodycote Plc BOY.L : Finncap cuts target price to 583p
* Bovis Homes Group Plc BVS.L : Deutsche Bank cuts target price to 1323p from 1352p; buy
* Breedon Aggregates Ltd BREE.L : Cantor raises target price to 75p from 60p, rating buy
* Carlsberg A/S CARLb.CO : UBS raises target price to Dkk 610 from Dkk 520
* Countrywide Plc CWD.L : Citigroup cuts to neutral rating
* Countrywide Plc CWD.L : Citigroup cuts target price to 425p from 615p
* Covestro AG 1COV.DE : Commerzbank raises target price to 38 euros from 32 euros
* Craneware Plc CRW.L : Peel Hunt raises target price to 920p from 740p; rating buy
* CRH Plc CRH.L : Deutsche Bank cuts price target to 1968p from 1980p; rating hold
* CRH Plc CRH.I : Goodbody cuts target price to 32 euros from 32.70 euros; rating buy
* CRH Plc CRH.l : Deutsche Bank cuts target price to 1968p from 1980p; rating hold
* Dassault Aviation AVMD.PA : Citigroup raises target price to 1440 euros from 1411 euros
* Deutsche Post AG DPWGn.DE : Morgan Stanley cuts target price to 34 euros from 35 euros
* DFDS DFDS.CO : Danske Bank raises target price to Dkk 300 from Dkk 250; rating buy
* DFDS DFDS.CO :Handelsbanken Capital Markets ups target to Dkk 275 from Dkk 230;accumulate
* DFDS DFDS.CO : Nordea Markets raises target price to Dkk 300 from Dkk 260; rating buy
* Diageo Plc DGE.L : JP Morgan raises to overweight from neutral
* Diageo Plc DGE.L : JP Morgan raises target price to 2140p from 1850p
* Do & Co AG DOCO.VI : Kepler Cheuvreux raises to buy from hold
* easyJet Plc EZJ.L : Barclays cuts target price to 1940p; rating overweight
* easyJet Plc EZJ.L : Kepler Cheuvreux cuts to reduce from hold
* easyJet Plc EZJ.L : Kepler Cheuvreux cuts target price to 1450p from 1697p
* Europcar EUCAR.PA : Goldman Sachs adds to focus list
* FACC FACC.VI : JP Morgan cuts target price to 7 euros from 7.90 euros; rating neutral
* Fincantieri SpA FCT.MI : JP Morgan cuts target to 0.42 euros from 0.78 euros; neutral
* Floridienne FLOB.BR : KBC raises target price to 98 euros; rating accumulate
* Fuller Smith & Turner Plc FSTA.L : Panmure raises target price to 1200p from 1150p; hold
* G4S Plc GFS.L : Credit Suisse cuts to neutral from outperform
* G4S Plc GFS.L : Credit Suisse cuts target price to 250p from 320p
* G4S Plc GFS.L : JP Morgan cuts target price to 298p from 309p; rating overweight
* Glencore Plc GLEN.L : UBS cuts target price to 180p from 240p
* Grifols - B Shares GRLS.MC : Berenberg cuts to hold from buy
* Grifols GRLS.MC : Barclays raises target price to 49 euros; rating overweight
* Heineken NV HEIN.AS : KBC cuts to accumulate from buy; raises target price to 90 euros
* Heineken NV HEIN.AS : Credit Suisse raises target price to 83 euros from 81 euros;neutral
* HSBC HSBA.L : Morgan Stanley cuts target price to 545p from 560p
* Hunting HTG.L : Goldman Sachs adds to Focus List
* IMI IMI.L : Nomura raises to buy from reduce
* IMI IMI.L : Nomura cuts price target to 955p from 1000p
* Inditex ITX.MC : Nomura raises target price to 36 euros from 34 euros; rating buy
* International Airlines ICAG.L : Goldman Sachs raises target price to 775p from 755p; buy
* Investec Plc INVP.L : Barclays raises price target to 655p from 626p; rating overweight
* Investec Plc INVP.L : Deutsche Bank raises target price to 640p from 610p; rating buy
* Johnson Matthey Plc JMAT.L : HSBC cuts target price to 3500p from 3750p
* K&S AG SDFGn.DE : Credit Suisse cuts to underperform from neutral
* K&S AG SDFGn.DE : Credit Suisse cuts target price to eur 22 from eur 27
* Kardemir KRDMD.IS : HSBC cuts target price to Tl 1.65 from Tl 1.80
* KBC Groep NV KBC.BR : Credit Suisse raises target to 62.10 euros from 60.90 euros;neutral
* Korian KORI.PA : Bryan Garnier cuts to sell from buy
* Korian KORI.PA : HSBC cuts to hold from buy
* Korian KORI.PA : HSBC cuts price target to 33 euros from 36 euros
* Lafargeholcim Ltd LHN.VX : Kepler Cheuvreux cuts target price to Sfr 65 from Sfr 78
* Lloyds Banking LLOY.L : Morgan Stanley cuts target price to 90p from 95p
* Lufthansa LHAG.DE : Goldman Sachs raises target price to 14.6 euros from 10.5 euros; sell
* Matas A/S MATAS.CO : Danske Bank cuts target price to Dkk 150 from Dkk 155; rating buy
* Meda AB MEDAa.ST : DNB Markets cuts target price to Sek 145 from Sek 150; rating buy
* Melrose Industries MRON.L : Investec cuts to add from buy
* Melrose Industries MRON.L : RBC cuts target price to 300p from 330p; rating outperform
* Mothercare Plc MTC.L : JP Morgan raises target price to 300p from 296p; rating overweight
* NMC Health Plc NMC.L : HSBC resumes coverage with buy rating; 890p price target
* NN Group NV NN.AS : RBC raises price target to 34 euros from 29 euros; rating outperform
* Nokian Renkaat NRE1V.HE : Exane BNP Paribas raises target price to 40 euros; outperform
* Novo Nordisk NOVOb.CO : Natixis raises target price to 430 Dkk from 420 Dkk; buy
* Novo Nordisk NOVOb.CO : Nordea Markets raises target price to Dkk 505 from Dkk 493; buy
* NOS NOS.LS : Jefferies raises price target to 7.25 euros from 6.25 euros; rating hold
* Ophir Energy OPHR.L : Davy starts with neutral
* Orkla ASA ORK.OL : UBS raises target price to Nok 76 from Nok 72
* Osram Licht AG OSRn.DE : Commerzbank cuts target price to 50 euros from 60 euros; buy
* Pernod Ricard PERP.PA : JP Morgan raises target price to 102 euros from 96 euros; neutral
* Pershing Square Holdings PSH.AS : Deutsche Bank cuts target price to $20 from $28; hold
* Playtech Plc PTEC.L : Exane BNP Paribas cuts target price to 1200p; rating outperform
* Polymetal International Plc POLYP.L : UBS raises target price to 625p from 600p
* Poundland Group Plc PLND.L : Jefferies cuts price target to 300p from 400p; rating buy
* Poundland Group Plc PLND.L : Exane BNP Paribas cuts target price to 270p; outperform
* Poundland Group Plc PLND.L : HSBC cuts target price to 315p from 375p
* Randstad Holding NV RAND.AS : Rabobank raises target price to 63 euros from 60 euros
* Randstad RAND.AS : Goldman Sachs adds to Focus List
* Relx Plc REL.L : Exane BNP Paribas raises target price to 1300p; rating outperform
* Renault RENA.PA : Barclays raises price target to 100 euros from 98 euros; overweight
* Rio Tinto Plc RIO.L : UBS cuts target price to 2700p from 2850p
* Rosenbauer International RBAV.VI : Kepler Cheuvreux cuts target to 75 euros from 80 euros
* Rotork ROR.L : Nomura cuts price target to 155p from 180p; rating reduce
* Royal Bank of Scotland RBS.L : Morgan Stanley cuts target price to 380p from 390p
* SABMiller Plc SAB.L : UBS raises target price to 4080p from 3750p
* Senior SNR.L : Peel Hunt raises to buy from hold; raises target price to 280p from 250p
* Signet Group Ltd SIG.L : Deutsche Bank raises target price to 9800p from 9700p; buy
* Smiths Group SMIN.L : Morgan Stanley cuts price target to 1080p from 1170p; equal weight
* Soco International Plc SIA.L : JP Morgan cuts target price to 142p from 150p; underweight
* Soco International Plc SIA.L : RBC cuts target price to 150p from 185p
* Sodexo SA EXHO.PA : Citigroup raises target price to 90 euros from 87 euros; neutral
* Sodexo SA EXHO.PA : Goldman Sachs raises to neutral from sell
* Sodexo SA EXHO.PA : Goldman Sachs removes from Pan-Europe sell list
* Sodexo SA EXHO.PA : Kepler Cheuvreux raises target price to 96 euros from 87 euros; buy
* Sodexo SA EXHO.PA : Natixis raises target price to 103 euros from 94 euros, rating buy
* Sodexo SA EXHO.PA : UBS raises target price to 96.25 euros from 90.50 euros
* Sonova Holding AG SOON.VX : Barclays raises target price to Sfr 117; rating underweight
* South32 Ltd S32.L : UBS cuts to neutral from buy
* South32 Ltd S32.L : UBS cuts target price to 67p from 110p
* Spirax-Sarco SPX.L : Morgan Stanley raises target to 3,120p from 2,950p; equal weight
* Spire Healthcare Group Plc SPI.L : Barclays cuts target price to 364p; rating overweight
* SSP SSPG.L : JP Morgan raises price target to 340p from 330p; rating overweight
* SSP Group Plc SSPG.L : JP Morgan raises target price to 340p from 330p; rating overweight
* Swatch Group UHR.VX : Credit Suisse cuts price target to Sfr 450 from Sfr 480; outperform
* Swatch Group UHR.VX : Vontobel cuts target price to Sfr 390 from Sfr 450; rating hold
* Swedish Match AB SWMA.ST : UBS raises target price to Sek 312 from Sek 295
* Synthomer Plc SYNTS.L : Berenberg cuts target price to 375p from 400p; rating buy
* ThyssenKrupp TKAMY.PK : Jefferies raises price target to $30; rating buy
* ThyssenKrupp TKAG.DE : JP Morgan raises target to 22.80 euros from 21.40 euros;overweight
* Tullow Oil TLW.L : Goldman Sachs removes from focus list
* Unicredit CRDI.MI : Barclays cuts to underweight from equal weight
* Unicredit CRDI.MI : Barclays cuts target price to 5 euros
* Vedanta Resources Plc VED.L : UBS cuts to neutral from buy
* Vedanta Resources Plc VED.L : UBS cuts target price to 400p from 600p
* Vesuvius Plc VSVS.L : Canaccord Genuity cuts target price to 400p from 440p; rating buy
* Vesuvius Plc VSVS.L : JP Morgan cuts target price to 370p from 385p; rating overweight
* VTG AG VT9G.DE : HSBC raises target price to 26 euros from 24 euros
* Weir Group WEIR.L : Nomura cuts price target to 1110p from 1315p; rating neutral
* Wereldhave NV WEHA.AS : UBS raises target price to 56 euros from 55 euros
* Zetes ZTS.BR : KBC cuts to accumulate from buy
(Compiled by Tenzin Pema and Fareha Khan in Bengaluru)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/