Europe Research Roundup: BMW, Randgold Resources, Telenet Group

Gerry Weber International AG

26/09/2018 07:54

Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BMW, Randgold Resources and Telenet Group Holding, on Wednesday. 
    
    HIGHLIGHTS
     * BMW  BMWG.DE : Barclays cuts target price to EUR 106 from EUR 112
     * Randgold Resources Ltd  RRS.L : RBC raises to sector perform from underperform
     * Telenet Group Holding NV  TNET.BR : Barclays cuts to equal weight from overweight    
 
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * ABC Arbitrage SA  BITI.PA : Kepler Cheuvreux cuts target to 6.8 euros from 7.5 euros
     * Air Liquide  AIRP.PA : Kepler Cheuvreux raises target price to 126 euros from 102 euros
     * Air Liquide  AIRP.PA : Kepler Cheuvreux raises to buy from reduce
     * Amryt pharma Plc  AMYT.L : Stifel raises target price to 62p from 52p
     * Amundi SA  AMUN.PA : Kepler Cheuvreux raises target price to 72.81 euros from 71.8 euros
     * ASML Holding NV  ASML.AS : UBS cuts price target to EUR 200 from EUR 210
     * Banco Bpm  BAMI.MI : UBS cuts price target to EUR 3.1 from EUR 3.2
     * Bankinter SA  BKT.MC : Jefferies raises price target to EUR 7.50 from EUR 7.20
     * BMW  BMWG.DE : Barclays cuts target price to EUR 106 from EUR 112
     * BMW  BMWG.DE : Credit Suisse cuts target price to EUR 106 from EUR 116
     * BMW  BMWG.DE : Deutsche Bank cuts price target to EUR 115 from EUR 120
     * BMW  BMWG.DE : Independent Research cuts target price to EUR 83.00 from EUR 85.00; hold
     * BMW  BMWG.DE : Kepler Cheuvreux cuts target price to 75 euros from 77 euros
     * Bouygues  BOUY.PA : JP Morgan raises price target to 46 euros from 42 euros
     * Bouygues  BOUY.PA : JP Morgan raises to overweight from neutral
     * BPER  EMII.MI : UBS cuts price target to EUR 4.55 from EUR 4.75
     * Danieli  DANI.MI : Esn/Banca Akros raises to accumulate from neutral
     * Devoteam SA  DVTM.PA : Midcap Partners cuts to Neutral from buy; target of EUR 118
     * Draper Esprit Plc  GROW.L : Liberum starts with buy rating; price target 700p
     * DWS Group Gmbh & Co KGaA  DWSG.DE : Kepler Cheuvreux cuts target price to 30.23 euros 
     * Ecoslops SA  ALESA.PA : Portzamparc starts with buy; target price EUR 17.70
     * EMS Chemie Holding  EMSN.S : Kepler Cheuvreux cuts target price to SFR 610 from SFR 630
     * Ford Otosan  FROTO.IS : Morgan Stanley raises to overweight from equal-weight
     * Ford Otosan  FROTO.IS : Morgan Stanley raises target price to TL 77 from TL 60
     * Funding Circle Sme Income  FCIF.L : Canaccord Genuity starts coverage with hold rating
     * Gerry Weber  GWIG.DE : Independent Research cuts target to EUR 2.40 from EUR 4;sell
     * Giglio Group SpA  GGTV.MI : Midcap Partners initiates with 'Buy', target price EUR 6.7 
     * IAG  ICAG.L : UBS cuts to neutral from buy, cuts price target 705p from 780p
     * Iliad  ILD.PA : JP Morgan cuts price target to 135 euros from 195 euros
     * Iliad  ILD.PA : JP Morgan cuts to neutral from overweight
     * Indivior Plc  INDV.L : Jefferies cuts price target to 250.00p from 540.00p; rating buy
     * Kerlink SA  Alklk.Pa : Midcap Partners cuts target price to EUR 15 from EUR 17; buy
     * KPN  KPN.AS : Credit Suisse cuts price target to 2.65 euros from 2.85 euros
     * Learning Technologies Group  LTGL.L : Canaccord Genuity raises price target to 150p 
     * Linde AG  LING.DE : Kepler Cheuvreux raises target price to 238 euros from 188 euros
     * Linde AG  LING.DE : Kepler Cheuvreux raises to buy from reduce
     * Lloyds Banking Group Plc  LLOY.L : Davy Research cuts target price to 65p from 72p
     * McCarthy & Stone Plc  MCS.L : Canaccord Genuity raises price target to 140p from 118p
     * Opap  OPAr.AT : ESN/Investment Bank of Greece raises TP to EUR 12.50 from EUR 11.50
     * Pelatro Plc  PTRO.L : Finncap raises target price to 115p from 100p
     * Randgold Resources Ltd  RRS.L : RBC raises target price to 5000p from 4500p
     * Randgold Resources Ltd  RRS.L : RBC raises to sector perform from underperform
     * Rothschild & Co SCA  ROTH.PA : Kepler Cheuvreux raises target price to 36.5 euros 
     * Saint-Gobain  SGOB.PA : Raymond James cuts price target to 50 euros from 52 euros
     * Scandic Hotels Group AB  SHOTE.ST : Morgan Stanley ups to equal-weight from underweight
     * Scandic Hotels Group AB  SHOTE.ST : Morgan Stanley raises target to SEK 105 from SEK 86
     * SIG Plc  SHI.L : Berenberg cuts price target to 140p from 150p
     * Solutions 30 SE  ALS30.PA : Midcap Partners raises to buy from neutral
     * STMicroelectronics NV  STM.PA : Deutsche Bank raises to buy from hold
     * Synairgen Plc  SYNG.L : Finncap cuts price target to 53p from 63p
     * Telenet Group Holding NV  TNET.BR : Barclays cuts target price to EUR 54 from EUR 56
     * Telenet Group Holding NV  TNET.BR : Barclays cuts to equal weight from overweight
     * Tofas  TOASO.IS : Morgan Stanley cuts target price to TL 29 from TL 43
     * TTL Beteiligungsund Grundbesitz-Ag  TTOG.F : Independent Research starts with buy; TP EUR 7
     * UBI Banca  UBI.MI : UBS raises price target to EUR 4.3 from EUR 4.1
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))