Europe Research Roundup: A.P. Moller-Maersk, Anima Holding, UCB

Flow Traders

17/10/2019 20:08

Oct 17 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including A.P. Moller-Maersk, Anima Holding and UCB on Thursday. 
    
  HIGHLIGHTS
     * A.P. Moller-Maersk  MAERSKb.CO : Goldman Sachs cuts to neutral from buy
     * Anima Holding SpA  ANIM.MI : Berenberg initiates with buy rating and EUR 4.50 PT
     * ASML Holding NV  ASML.AS : Kepler Cheuvreux cuts to hold from buy
     * Iliad  ILD.PA : JP Morgan raises to overweight from neutral
     * UCB SA  UCB.BR : Citigroup raises to buy from neutral; raises PT to EUR 84 from EUR 74
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
     * A.P. Moller-Maersk  MAERSKb.CO : Goldman Sachs cuts PT to DKK 9000 from DKK 9100
     * A.P. Moller-Maersk  MAERSKb.CO : Goldman Sachs cuts to neutral from buy
     * Altice NV  ATCA.AS : Credit Suisse raises target price to EUR 3.9 from EUR 3.3
     * Anima Holding SpA  ANIM.MI : Berenberg initiates with buy rating and EUR 4.50 PT
     * Antofagasta Plc  ANTO.L : JP Morgan cuts target price to 750p from 810p
     * ASML Holding NV  ASML.AS : Barclays raises target price to EUR 250 from EUR 230
     * ASML Holding NV  ASML.AS : Berenberg raises target price to EUR 280 from EUR 240
     * ASML Holding NV  ASML.AS : Cowen and Company raises target price to EUR 235 from EUR 205
     * ASML Holding NV  ASML.AS : JP Morgan raises target price to EUR 240 from EUR 230
     * ASML Holding NV  ASML.AS : Kepler Cheuvreux cuts to hold from buy
     * ASML Holding NV  ASML.AS : Liberum raises target price to EUR 295 from EUR 254
     * ASML Holding NV  ASML.AS : Susquehanna raises target price to EUR 200 from EUR 170
     * Asos Plc  ASOS.L : Berenberg raises target price to 3,000p from 2,500p
     * AstraZeneca Plc  AZN.L : HSBC raises target price to 6235p from 5180p
     * BBVA  BBVA.MC : UBS cuts price target to 5.50 euros from 5.65 euros
     * BHP Group Plc  BHPB.L : CFRA cuts target price to 1700p from 1800p
     * Boliden AB  BOL.ST : Goldman Sachs cuts to sell rating
     * BP Plc  BP.L : BofA Merrill cuts price objective to 480p from 500p
     * CCC SA  CCCP.WA : HSBC starts with hold rating and PLN 135 price target
     * Centamin Plc  CEY.L : Berenberg cuts target price to 113p from 120p
     * Derichebourg SA  DBG.PA : Midcap Partners cuts PT to EUR 5.0 from EUR 6.0; rating "buy"
     * Deutsche Boerse AG  DB1Gn.DE : Morgan Stanley raises PT to EUR 130.40 from EUR 128.80
     * Domino's Pizza Group Plc  DOM.L : Peel Hunt raises target price to 325p from 300p
     * Domino's Pizza Group Plc  DOM.L : Peel Hunt raises to buy from add
     * EasyJet Plc  EZJ.L : HSBC raises target price to 1450p from 1300p
     * Elia System Operator SA  ELI.BR : KBC Securities raises PT to EUR 80.0;rating "accumulate"
     * ENI  ENI.MI : BofA Merrill cuts price objective to EUR 15.7 from EUR 16
     * Equinor ASA  EQNR.OL : BofA Merrill cuts price objective to NOK 170 from NOK 175
     * Eurazeo  EURA.PA : Goldman Sachs cuts rating to neutral;raises PT to 76 euros from 75 euro
     * Euronext NV  ENX.PA : Morgan Stanley raises target price to EUR 82.90 from EUR 79.40
     * Eutelsat  ETL.PA : Credit Suisse raises target price to EUR 19 from EUR 18
     * Ferrexpo Plc  FXPO.L : Citigroup cuts price target to 150p from 260p
     * Flow Traders NV  FLOW.AS : KBC Securities cuts PT to EUR 28.5 from EUR 30.0; rating "buy"
     * Flsmidth  FLS.CO : UBS cuts price target to DKK 350 from DKK 375
     * FMC AG  FMEG.DE : JP Morgan cuts target price to EUR 78.60 from EUR 79.90
     * Forterra Plc  FORT.L : Berenberg raises target price to 310p from 290p
     * Gamenet Group SpA  GAME.MI : Kepler Cheuvreux cuts PT to 12.5 euros from 14 euros
     * Gamenet Group SpA  GAME.MI : Kepler Cheuvreux cuts to hold from buy
     * Gjensidige Forsikring ASA  GJFS.OL : Barclays raises target price to NOK 155 from NOK 148
     * Grafton Group Plc  GFTU_u.L : Canaccord Genuity cuts price target to 820p from 850p
     * Grafton Group Plc  GFTU_u.L : Peel Hunt cuts target price to 800p from 860p
     * Grafton Group Plc  GFTU_u.L : Peel Hunt cuts to hold from add
     * Halk Bankasi  HALKB.IS : Citigroup cuts to sell from buy; cuts PT to TL 3.75 from TL 8.9
     * Hipgnosis Songs Fund Ltd  SONG.L : Liberum initiates with buy rating and PT of 116p
     * Huber+Suhner AG  HUBN.S : UBS cuts price target to SFR 68 from SFR 75
     * Hugo Boss AG  BOSSn.DE : Kepler Cheuvreux cuts target price to 52 euros from 75 euros
     * Ibstock Plc  IBST.L : Berenberg raises target price to 310p from 300p
     * Iliad  ILD.PA : Barclays raises target price to EUR 107 from EUR 105
     * Iliad  ILD.PA : Credit Suisse cuts price target to EUR 100 from EUR 105; rating neutral
     * Iliad  ILD.PA : JP Morgan raises target price to EUR 102 from EUR 85
     * Iliad  ILD.PA : JP Morgan raises to overweight from neutral
     * Innate pharma SA  IPH.PA : Portzamparc cuts PT to EUR 11.3 from EUR 13.2; rating "buy"
     * Kaz Minerals Plc  KAZ.L : Citigroup cuts price target to 700p from 820p
     * Kuehne Und Nagel International AG  KNIN.S : Goldman Sachs cuts PT to SFR 138 from SFR 148
     * Kuehne Und Nagel International AG  KNIN.S : Goldman Sachs cuts to sell from neutral
     * Lancashire Holdings Ltd  LRE.L : RBC raises price target to 775p from 750p
     * Logitech International SA  LOGN.S : Credit Suisse raises PT to SFR 46 from SFR 45
     * LPP SA  LPPP.WA : HSBC starts with hold rating and PLN 8400 price target
     * Lukoil  LKOHyq.L : BofA Merrill raises price objective to $100 from $93
     * Lukoil  LKOHyq.L : HSBC raises target price to $100 from $95
     * Lukoil  LKOHyq.L : JP Morgan raises target price to $101 from $99
     * Metso Oyj  METSO.HE : UBS raises price target to 33.30 euros from 31.30 euros
     * National Grid Plc  NG.L : Credit Suisse raises price target to 970p from 810p
     * National Grid Plc  NG.L : Credit Suisse raises to outperform from neutral
     * Nestle SA  NESN.S : CFRA cuts rating to sell from hold; PT by CHF 4 to CHF 86
     * Nestle SA  NESN.S : Independent Research raises PT to CHF 115.00 from CHF 113.00; hold
     * Nexans  NEXS.PA : Credit Suisse raises target price to EUR 35 from EUR 29
     * OMV AG  OMVV.VI : BofA Merrill cuts price objective to EUR 60 from EUR 62
     * Outotec Oyj  OTE1V.HE : UBS raises price target to 5.90 euros from 5.40 euros
     * Pharnext SA  PHARN.PA : Kepler Cheuvreux raises to hold from reduce
     * Prudential Plc  PRU.L : BofA Merrill raises price objective to 1830p from 1800p
     * Rathbone Brothers Plc  RAT.L : RBC cuts target price to 2,450p from 2,500p
     * Renishaw Plc  RSW.L : Morgan Stanley cuts target price to 2850p from 3100p
     * Repsol  REP.MC : BofA Merrill cuts price objective to EUR 18.5 from EUR 18.7
     * Richter Gedeon Vegyeszeti Gyar Nyrt  GDRB.BU : JP Morgan raises PT to HUF 6,300 from HUF 6,020
     * Rieter Holding AG  RIEN.S : UBS cuts price target to SFR 115 from SFR 138
     * Rieter Holding AG  RIEN.S : UBS cuts to sell from neutral
     * Robert Walters Plc  RWA.L : Credit Suisse cuts target price to 600p from 700p
     * Roche Holding AG  ROG.S : Barclays raises target price to SFR 325 from SFR 320
     * Roche Holding AG  ROG.S : CFRA raises target price to CHF 320 from CHF 300
     * Roche Holding AG  ROG.S : Deutsche Bank raises target price to SFR 330 from SFR 320
     * Roche Holding AG  ROG.S : Independent Research raises PT to CHF 312.00; rating hold
     * Roche Holding AG  ROG.S : Kepler Cheuvreux raises target price to SFR 272 from SFR 249
     * Sampo Oyj  SAMPO.HE : Barclays cuts target price to EUR 40 from EUR 49
     * Sampo Oyj  SAMPO.HE : Barclays cuts to equal weight from overweight
     * Santander  SAN.MC : UBS cuts price target to 4.05 euros from 4.30 euros
     * SCA AB  SCAb.ST : Kepler Cheuvreux cuts to hold from buy
     * SCA AB  SCAb.ST : Kepler Cheuvreux raises target price to SEK 97 from SEK 92
     * Siemens AG  SIEGn.DE : Morgan Stanley cuts target price to EUR 113 from EUR 122
     * Solaria  SLRS.MC : UBS cuts to neutral from buy
     * Solaria  SLRS.MC : UBS raises price target to 7.50 euros 5.70 euros
     * Sophos Group Plc  SOPH.L : Credit Suisse cuts to neutral from outperform
     * Sophos Group Plc  SOPH.L : Credit Suisse raises target price of 583p from 480p
     * South32 Ltd  S32.L : Citigroup cuts price target to 170p from 180p
     * St. James's Place Plc  SJP.L : Barclays raises target price to 1241p from 1155p
     * Tele2 AB  TEL2b.ST : CFRA raises target price to SEK 150 from SEK 140
     * Telenor ASA  TEL.OL : Berenberg cuts target price to NOK 174 from NOK 180
     * Telenor ASA  TEL.OL : Berenberg cuts to hold from buy
     * Temenos AG  TEMN.S : BofA Merrill cuts price objective to SFR 160 from SFR 218
     * Temenos AG  TEMN.S : BofA Merrill cuts to neutral from buy
     * Thermador Groupe SA  THHG.PA : Portzamparc raises target price to EUR 64.0 from EUR 62.0
     * Thermador Groupe SA  THHG.PA : Portzamparc raises to "buy" from "accumulate"
     * TMK  TRMKq.L : JP Morgan cuts target price to $4.5 from $5
     * Topdanmark  TOP.CO : Barclays raises target price to DKK 337 from DKK 326
     * Total SA  TOTF.PA : BofA Merrill cuts price objective to EUR 55 from EUR 56.5
     * Travis Perkins Plc  TPK.L : Canaccord Genuity cuts to hold from buy
     * TRYG  TRYG.CO : Barclays raises target price to DKK 225 from DKK 205
     * TRYG  TRYG.CO : Barclays raises to overweight from equal weight
     * Ucar SA  ALUCR.PA : Midcap Partners cuts PT to EUR 14.0 from EUR 16.0; rating "neutral"
     * UCB SA  UCB.BR : Citigroup raises to buy from neutral; raises PT to EUR 84 from EUR 74
     * Unilever NV  UNA.AS : RBC cuts target price to EUR 43 from EUR 44
     * UPM-Kymmene Oyj  UPM.HE : Citigroup raises price target to 26.70 euros from 24.70 euros
     * Valeo  VLOF.PA : Evercore ISI raises price target to EUR 30 from EUR 26
     * Vesuvius Plc  VSVS.L : Morgan Stanley cuts target price to 480p from 560p
     * Wacker Chemie AG  WCHG.DE : Baader Helvea cuts target price to EUR 92 from EUR 95
     * Wartsila Oyj Abp  WRT1V.HE : Credit Suisse cuts target price to EUR 11 from EUR 12
     * Weir Group Plc  WEIR.L : HSBC cuts target price to 1820p from 1870p
     * Weir Group Plc  WEIR.L : UBS cuts price target to 1450p from 1550p
     * Weir Group Plc  WEIR.L : UBS cuts to neutral from nuy
     * WH Smith Plc  SMWH.L : Peel Hunt raises target price to 3,000p from 2,550p
     * Wirecard AG  WDIG.DE : Guggenheim raises to neutral from sell
     * Wirecard AG  WDIG.DE : HSBC cuts target price to EUR 190 from EUR 225
     * Wizz Air Holdings Plc  WIZZ.L : HSBC raises target price to 3250p from 3100p
     * Zooplus AG  ZO1G.DE : JP Morgan cuts price target to EUR 185 from EUR 205
 

 (Compiled by Bengaluru Newsroom)
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