Europe Research Roundup: Fresnillo, Severstal, Marston's

Greenyard NV

07/07/2016 08:31

July 7 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Capita and JD Wetherspoon, on Thursday.  
     
    HIGHLIGHTS 
     * Fresnillo Plc  FRES.L : HSBC cuts to hold from buy 
     * Marston's Plc  MARS.L : Citigroup cuts to sell from buy 
     * Serco Group  SRP.L : HSBC raises to hold from reduce 
     * Severstal  SVSTq.L : Deutsche Bank cuts to sell from hold   
       
Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order.   
     
     * Ablynx NV  ABLX.BR : HSBC starts with buy rating; 14.4 euros target price 
     * Aeroflot  AFLT.MM : HSBC raises target price to 81.6 roubles from 76.8 roubles 
     * Air Berlin Plc  AB1.DE : HSBC cuts target price to 0.01 euro from 0.1 euro 
     * Air France-KLM  AIRF.PA : HSBC cuts target price to 4.25 euros from 4.75 euros 
     * Anglo American Plc  AAL.L : Jefferies raises target price to 500p 
     * Antofagasta Plc  ANTO.L : Jefferies raises target price to 500p 
     * BHP Billiton Plc  BLT.L : Jefferies raises target price to 900p     
     * Bluefield Solar Income Fund Ltd  BSIF.L : Jefferies cuts to underperform from hold 
     * Capita Plc  CPI.L : HSBC cuts target price to 1020p from 1300p 
     * Capita Plc  CPI.L : HSBC cuts to hold from buy 
     * EasyJet  EZJ.L : HSBC cuts target price to 800p from 1000p 
     * Evraz Plc  EVRE.L : Deutsche Bank raises target price to 73p from 60p 
     * Finnair  FIA1S.HE : HSBC cuts target price to 2.9 euros from 3.2 euros 
     * Flybe Group Plc  FLYB.L : HSBC cuts target price to 20p from 30p 
     * Fresnillo Plc  FRES.L : HSBC cuts to hold from buy 
     * Glencore Plc  GLEN.L : Jefferies raises target price to 160p 
     * Greene King Plc  GNK.L : Citigroup cuts target price to 1000p from 1080p 
     * Greenyard Foods NV  GRYFO.BR : Berenberg starts with a buy rating and price target of eur17.50 
     * J D Wetherspoon Plc  JDW.L : Citigroup raises target price to 840p from 670p 
     * J D Wetherspoon Plc  JDW.L : Citigroup raises to buy from neutral 
     * KAZ Minerals Plc  KAZ.L : Jefferies cuts target price to 150p 
     * Lonmin Plc  LMI.L : Deutsche Bank raises target price to 106p from 105p 
     * Marston's Plc  MARS.L : Citigroup cuts target price to 110p from 180p 
     * Marston's Plc  MARS.L : Citigroup cuts to sell from buy 
     * Mitchells & Butlers Plc  MAB.L : Citigroup cuts target price to 230p from 495p 
     * Mitchells & Butlers Plc  MAB.L : Citigroup cuts to neutral from buy 
     * MMK  MAGNq.L : Deutsche Bank raises target price to $5.73 from $3.80  
     * Mol Group  MOLB.BU : HSBC raises to buy from hold   
     * NLMK  NLMKq.L : Deutsche Bank cuts target price to $11.30 from $12.80  
     * Norilsk Nickel  NKELyq.L : Deutsche Bank cuts target price to $12 from $12.60   
     * Rio Tinto Plc  RIO.L : Jefferies raises target price to 2600p from 2300p; rating buy   
     * Serco Group  SRP.L : HSBC raises to hold from reduce 
     * Severstal  SVSTq.L : Deutsche Bank cuts target price to $8.50 from $8.80  
     * Severstal  SVSTq.L : Deutsche Bank cuts to sell from hold   
     * Tecnicas Reunidas  TRE.MC : Citigroup raises target price to 35 euros from 29 euros 
     * Vedanta Resources Plc  VED.L : Jefferies raises target price to 350p 
  
 (Compiled by Tenzin Pema and Abdul Nishad CK in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/