Europe Research Roundup: Debenhams, Halfords Group, Intercontinental Hotels

Gerry Weber International AG

03/01/2017 07:45

Jan 3 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Debenhams, Halfords Group and Next, on Tuesday.  
     
    HIGHLIGHTS 
     
     * Debenhams Plc  DEB.L : Deutsche Bank cuts to sell from hold 
     * Halfords Group Plc  HFD.L : Deutsche Bank cuts to sell from hold 
     * Intercontinental Hotels Group  IHG.L :Barclays raises to overweight from equal weight 
     * Next Plc  NXT.L : Deutsche Bank cuts to hold from buy 
  
       
Following is a summary of research actions on European companies reported by Reuters on Tuesday. 
Stock entries are in alphabetical order.  
     
     
     * AFK Sistema  SSAq.L : Renaissance Capital raises target to $10.5 from $8.5; outperform 
     * Debenhams Plc  DEB.L : Deutsche Bank cuts target price to 52p from 60p 
     * Debenhams Plc  DEB.L : Deutsche Bank cuts to sell from hold 
     * Gerry Weber  GWIG.DE : Deutsche Bank cuts target price to 10 euros from 11 euros 
     * H&M  HMb.ST : Deutsche Bank cuts target price to Sek 225 from Sek 250 
     * H&M  HMb.ST : Deutsche Bank cuts to sell from hold 
     * Halfords Group Plc  HFD.L : Deutsche Bank cuts price target to 310p from 320p 
     * Halfords Group Plc  HFD.L : Deutsche Bank cuts to sell from hold 
     * Inditex  ITX.MC : Deutsche Bank raises target price to 35 euros from 33 euros 
     * Intercontinental Hotels Group  IHG.L : Barclays raises target to 4000p from 3060p 
     * Intercontinental Hotels Group  IHG.L :Barclays raises to overweight from equal weight 
     * Lanxess AG  LXSG.DE :Kepler Cheuvreux raises target to 78 euros from 70 euros;rating buy 
     * Lloyds Banking Group Plc  LLOY.L : Investec raises target to 74p from 72p; rating buy 
     * Next Plc  NXT.L : Deutsche Bank cuts target price to 5300p from 5950p 
     * Next Plc  NXT.L : Deutsche Bank cuts to hold from buy 
     * Steinhoff  SNHG.DE : Deutsche Bank cuts target price to 4.95 euros from 5.50 euros 
     * United Wagon Company UWGN.MM :Renaissance Capital ups target to 759 Roubles;market perform 
     * Volvo AB  VOLVb.ST : Baird cuts target price to Sek 98 from Sek 99 
  
  
 
 (Compiled by Bengaluru Newsroom) 
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Keywords: RESEARCH EUROPE/