Europe Research Roundup: Beiersdorf AG, Commerzbank AG, Ultra Electronics Holdings
08/08/2019 08:33
Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Beiersdorf AG, Commerzbank AG and Ultra Electronics Holdings, on Thursday.
HIGHLIGHTS
* Beiersdorf AG BEIG.DE : CFRA raises target price to EUR 110 from EUR 100
* Commerzbank AG CBKG.DE : Credit Suisse cuts target price to EUR 6.5 from EUR 7
* Ultra Electronics Holdings ULE.L : Credit Suisse raises tp to 2,250p from 1,900p
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.
* ABN Amro Group NV ABNd.AS : JP Morgan Establishes Dec 2020 price target of EUR 20
* Aena Sme SA AENA.MC : HSBC cuts target price to 140 euros from 145 euros
* Asmi ASMI.AS : Berenberg raises target price to EUR 78 from EUR 65
* Beiersdorf AG BEIG.DE : CFRA raises target price to EUR 110 from EUR 100
* BT Group Plc BT.L : HSBC cuts target price to 240p from 270p
* Buzzi Unicem BZU.MI : Citigroup raises price target to EUR 23 from EUR 22.5
* Cairn Energy Plc CNE.L : HSBC cuts target price to 205p from 210p
* Commerzbank AG CBKG.DE : CFRA cuts target price to EUR 5 from EUR 7
* Commerzbank AG CBKG.DE : Credit Suisse cuts target price to EUR 6.5 from EUR 7
* Commerzbank AG CBKG.DE : JP Morgan cuts Dec 2020 price target to EUR 6.75 from EUR 7.50
* Fraport FRAG.DE : HSBC raises target price to 83 euros from 82 euros
* Fraport FRAG.DE : JP Morgan Establishes Dec 2020 pt of EUR 71 vs Dec 2019 pt of EUR 70
* G4S Plc GFS.L : HSBC cuts target price to 200p from 230p
* Global Fashion Group SA GFG.DE : Berenberg initiates with buy rating and EUR 4.50 pt
* Grifols GRLS.MC : Citigroup raises price target to EUR 35 from EUR 33
* Hammerson Plc HMSO.L : Credit Suisse cuts target price to 360p from 450p
* ING Groep NV INGA.AS : JP Morgan Establishes Dec 2020 price target of EUR 12.10
* Intu Properties Plc INTUP.L : Credit Suisse cuts target price to 40p from 100p
* Kingfisher Plc KGF.L : Citigroup cuts price target to 220p from 225p
* Meggitt Plc MGGT.L : Citigroup raises price target to 680p from 630p
* Morphosys AG MORG.DE : JP Morgan Establishes Dec 2020 pt of EUR 130 vs Dec 2019 pt of EUR 120
* OC Oerlikon Corporation AG Pfaeffikon OERL.S : RBC cuts tp to SFR 11.50 from SFR 12.50
* Pets at Home Group Plc PETSP.L : HSBC raises target price to 235p from 190p
* Prosegur PSG.MC : HSBC cuts target price to 5.9 euros from 6.6 euros
* Rotork Plc ROR.L : Citigroup raises price target to 365p from 345p
* Royal Bank of Scotland RBS.L : Citigroup cuts price target to 260p from 285p
* Securitas AB SECUb.ST : JP Morgan cuts Dec 2020 price target to SEK 140 from SEK 145
* Standard Life Aberdeen Plc SLA.L : JP Morgan cuts price target to 340p from 360p
* Straumann Holding AG STMN.S : Credit Suisse raises target price to SFR 975 from SFR 965
* Swiss Re AG SRENH.S : Credit Suisse raises target price to SFR 116 from SFR 112
* Ultra Electronics Holdings ULE.L : Credit Suisse raises tp to 2,250p from 1,900p
* Unicredit CRDI.MI : Credit Suisse cuts target price to EUR 11.80 from EUR 12.90
* Voestalpine AG VOES.VI : Citigroup cuts price target to EUR 24 from EUR 26
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))