Europe Research Roundup: Intesa Sanpaolo, Kingfisher, Lagardere
22/03/2019 06:54
March 22 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Intesa Sanpaolo, Kingfisher and Lagardere, on Friday.
HIGHLIGHTS
* Alstria Office REIT AG AOXG.DE : JP Morgan raises to neutral from underweight
* Intesa Sanpaolo ISP.MI : Credit Suisse initiates coverage with underperform rating
* Kingfisher Plc KGF.L : Credit Suisse cuts to neutral from outperform
* Lagardere LAGA.PA : Morgan Stanley cuts to equal-weight from overweight
* TLG Immobilien AG TLGG.DE : JP Morgan raises to overweight from neutral
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* 3I Infrastructure Plc 3IN.L : RBC raises price target to 295p from 250p
* Adyen NV ADYEN.AS : Berenberg raises target price to EUR 670 from EUR 590
* Aggreko Plc AGGK.L : Jefferies raises target price to 1,175p from 1,100p
* Aggreko Plc AGGK.L : Stifel raises to buy from hold; raises PT to 880p from 840p
* Allergy Therapeutics Plc AGY.L : Finncap cuts target price to 40p
* Alstria Office REIT AG AOXG.DE : JP Morgan raises target price to EUR 16 from EUR 14
* Alstria Office REIT AG AOXG.DE : JP Morgan raises to neutral from underweight
* Antofagasta Plc ANTO.L : BMO raises target price to 1200p from 1000p
* Basler AG BSLG.DE : Berenberg cuts target price to EUR 177 from EUR 190
* BMW BMWG.DE : Barclays cuts target price to EUR 98 from EUR 101
* BMW BMWG.DE : CFRA cuts price target to 65 euros from 75 euros
* BMW BMWG.DE : CFRA cuts to sell from hold
* Bpost SA BPOST.BR : Barclays cuts target price to EUR 12.50 from EUR 13.25
* Centamin Plc CEY.L : Peel Hunt starts with hold rating; price target 95p
* CEZ CEZP.PR : Morgan Stanley cuts target price to CZK 566 from CZK 589
* Clasquin SA ALCLA.PA : Kepler Cheuvreux cuts target price to EUR 36 from EUR 39
* Coats Group Plc COA.L : HSBC cuts target price to 68p from 70p; rating reduce
* Compagnie Financiere Richemont CFR.S : Bryan Garnier cuts value to SFR 87 from SFR 92
* Deutz AG DEZG.DE : HSBC raises target price to EUR 10.1 from EUR 9.2; rating buy
* Diasorin SpA DIAS.MI : Berenberg raises target price to EUR 100 from EUR 96
* E.ON SE EONGn.DE : Kepler Cheuvreux raises target price to EUR 11 from EUR 10
* EDP EDP.LS : Goldman Sachs raises target price by 12 pct to EUR 3.80
* EDP EDP.LS : Goldman Sachs raises to buy from neutral
* Edpr EDPR.LS : Goldman Sachs raises target price by 9 pct to EUR 9.60
* Elkem ELK.OL : Pareto Security initiates coverage with buy recommendation
* ENI ENI.MI : Independent Research raises PT to EUR 16.80 from EUR 16.10; rating hold
* Evonik Industries AG EVKn.DE : Morgan Stanley cuts target price to EUR 34 from EUR 35
* Fuchs Petrolub SE FPEG_p.DE : HSBC cuts target price to EUR 43 from EUR 44; rating buy
* Game Digital Plc GMDG.L : Canaccord Genuity cuts target price to 50p from 60p
* Glencore GLEN.L : Morgan Stanley raises target price to 380p from 370p
* Halma Plc HLMA.L : Morgan Stanley raises target price to 1,430p from 1,330p
* Halma Plc HLMA.L : Stifel raises target price to 1,570p from 1,525p
* Hannover Rueck SE HNRGn.DE : Jefferies raises target price to EUR 115 from EUR 109
* Hannover Rueck SE HNRGn.DE : Jefferies raises target price to EUR 115 from EUR 109
* Heidelbergcement AG HEIG.DE : Independent Research raises PT to EUR 73.00; rating hold
* IG Group Holdings Plc IGG.L : Barclays cuts target price to 780p from 860p
* Innogy SE IGY.DE : Kepler Cheuvreux cuts target price to EUR 29 from EUR 35
* Intesa Sanpaolo ISP.MI : Credit Suisse initiates coverage with EUR 1.80 target price
* Intesa Sanpaolo ISP.MI : Credit Suisse initiates coverage with underperform rating
* IQE Plc IQE.L : Canaccord Genuity cuts price target to 120p from 130p
* Italy'S Prysmian PRY.MI : Credit Suisse cuts target price to EUR 20 from EUR 21
* Jungheinrich AG JUNG_p.DE : Citigroup raises price target to 28 euros from 26 euros
* Kingfisher Plc KGF.L : Credit Suisse cuts to neutral from outperform
* Koenig & Bauer AG SKBG.DE : Kepler Cheuvreux cuts target price to EUR 55 from EUR 62
* Korian KORI.PA : Credit Suisse raises price target to EUR 45 from EUR 38
* Lagardere LAGA.PA : Morgan Stanley cuts target price to EUR 28 from EUR 29.50
* Lagardere LAGA.PA : Morgan Stanley cuts to equal-weight from overweight
* Le Belier SA LBEL.PA : Midcap Partners cuts target to EUR 38.5 from EUR 40.0; buy
* Lindt & Spruengli LISN.S : Berenberg raises target price to SFR 74,000 from SFR 67,500
* Lindt & Spruengli LISP.S : Berenberg raises target price to SFR 7,000 from SFR 6,400
* LVMH LVMH.PA : Credit Suisse raises target price to EUR 355 from EUR 350
* Mail.Ru Group Ltd MAILRq.L : Morgan Stanley raises target price to $31 from $30
* Morphosys AG MORG.DE : SVB Leerink cuts price target to EUR 110 from EUR 117;outperform
* MTG AB MTGb.ST : Kepler Cheuvreux cuts to hold from buy
* MTG AB MTGb.ST : Kepler Cheuvreux raises target price to SEK 350 from SEK 345
* Next Plc NXT.L : CFRA raises target price to 5500p from 4800p
* Next Plc NXT.L : HSBC raises target price to 6300p from 5900p; rating buy
* Oesterreichische Post AG POST.VI : Jefferies cuts target to EUR 41.50 from EUR 43.50
* Ophir Energy Plc OPHR.L : Jefferies cuts to hold from buy
* Ophir Energy Plc OPHR.L : Jefferies raises price target to 60p from 52p
* Osram Licht AG OSRn.DE : Berenberg cuts target price to EUR 34 from EUR 35
* Oxford Instruments Plc OXIG.L : Stifel cuts target price to 1,120p from 1,150p
* Panalpina Welttransport Holding PWTN.S : RBC cuts to underperform from sector perform
* Pearson Plc PSON.L : JP Morgan raises target price to 1,050p from 850p
* Pearson Plc PSON.L : JP Morgan raises to overweight from neutral
* Prosegur PSG.MC : Kepler Cheuvreux cuts target price to EUR 5.65 from EUR 5.7
* Prosegur Cash SA CASHP.MC : Kepler Cheuvreux cuts target price to EUR 2.35 from EUR 2.4
* Renishaw Plc RSW.L : Morgan Stanley cuts target price to 3,540p from 4,100p
* Sage Group Plc SGE.L : Jefferies raises target price to 825p from 735p
* Saipem SpA SPMI.MI : HSBC cuts to hold from buy; raises target to EUR 5 from EUR 4.5
* Scandic Hotels Group AB SHOTE.ST : Berenberg initiates with Sell, SEK 76 target price
* Skanska AB SKAb.ST : Kepler Cheuvreux raises target price to SEK 195 from SEK 175
* Ted Baker Plc TED.L : RBC cuts price target to 1,900p from 2,000p
* Terna TRN.MI : Kepler Cheuvreux raises target price to EUR 5.4 from EUR 5
* TLG Immobilien AG TLGG.DE : JP Morgan raises target price to EUR 31 from EUR 26
* TLG Immobilien AG TLGG.DE : JP Morgan raises to overweight from neutral
* Unicredit CRDI.MI : Credit Suisse initiates coverage with neutral rating; EUR 13.30 TP
* Vestas VWS.CO : JP Morgan cuts to underweight from neutral
* Vestas VWS.CO : JP Morgan raises price target to DKK 485 from DKK 475
* Wacker Chemie AG WCHG.DE : Independent Research raises PT to EUR 82.00; rating sell
* Westwing Group AG WEW.DE : Berenberg cuts target price to EUR 23 from EUR 25
* Zealand pharma A/S ZELA.CO : Jefferies raises target price to DKK 185 from DKK 155
(Compiled by Bengaluru Newsroom)
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