Europe Research Roundup: BP, Kingfisher, Standard Life
EUROPE RESEARCH ROUNDUP-BP, Kingfisher, Standard Life Sept 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BP, Kingfisher and Standard Life, on Wednesday.
HIGHLIGHTS
* BP BP.L: JP Morgan raises to overweight from neutral |
* Hays HAYS.L: Citigroup raises target price to 65p from 33p |
* Kingfisher KGF.L: Berenberg raises target price to 320p from 295p |
* Metlen Energy & Metals MTLN.L: JP Morgan initiates coverage with overweight rating |
* Standard Life Plc SDLF.L: RBC raises target price to 970p from 885p |
The following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* Air Liquide AIRP.PA: Deutsche Bank raises target price to EUR 192 from EUR 190 |
* ams-Osram AG AMS.S: Jefferies raises target price to CHF 25.50 from CHF 21 |
* Andritz AG ANDR.VI: Bernstein initiates coverage with outperform rating |
* Andritz AG ANDR.VI: Bernstein initiates coverage with target price EUR 100 |
* Aumovio SE AMV0n.DE: Jefferies cuts target price to EUR 42.30 from EUR 46.40 |
* Autoliv, Inc. ALIVsdb.ST: Jefferies cuts target price to SEK 1168 from SEK 1292 |
* BP BP.L: JP Morgan raises target price to 675p from 550p |
* BP BP.L: JP Morgan raises to overweight from neutral |
* Buzzi BZU.MI: Jefferies cuts target price to EUR 42.90 from EUR 45.30 |
* Caixa Bank CABK.MC: UBS raises target price to EUR 14.9 from EUR 12.4 |
* Caixa Bank CABK.MC: UBS raises to buy from neutral |
* Ceres Power Holdings Plc CWR.L: Panmure Liberum cuts target price to 520p from 590p |
* Ceres Power Holdings Plc CWR.L: Panmure Liberum raises to buy from sell |
* Danone DANO.PA: BofA Global Research cuts price objective to EUR 92 from EUR 93 |
* DSV DSV.CO: Morgan Stanley cuts target price to DKK 1950 from DKK 2050 |
* Exor NV EXOR.AS: Degroof Petercam cuts PT EUR 91 from EUR 115 |
* Exor NV EXOR.AS: Degroof Petercam cuts to hold from buy |
* Exosens SA EXENS.PA: Bernstein raises target price to EUR 74 from EUR 71.5 |
* Forvia SE FRVIA.PA: Jefferies cuts target price to EUR 11.35 from EUR 14.05 |
* GEA Group AG G1AG.DE: Bernstein initiates coverage with market perform rating |
* GEA Group AG G1AG.DE: Bernstein initiates coverage with PT EUR 69 |
* Grenergy GREG.MC: RBC cuts target price to EUR 130 from EUR 150 |
* Haleon Plc HLN.L: Jefferies cuts target price to 400p from 410p |
* Hays HAYS.L: Citigroup raises target price to 65p from 33p |
* Hemnet Group AB HEM.ST: UBS cuts target price to SEK 80 from SEK 90 |
* Kingfisher KGF.L: Berenberg raises target price to 320p from 295p |
* Kingfisher KGF.L: BofA Global Research raises price objective to 400p from 355p |
* Krones AG KRNG.DE: Bernstein initiates coverage with market perform rating |
* Krones AG KRNG.DE: Bernstein initiates coverage with target price EUR 111 |
* M&C Saatchi SAA.L: Deutsche Bank cuts target price to 162p from 190p |
* Meridian Mining Plc MNO.L: Canaccord Genuity raises target price to 155p from 120p |
* Metlen Energy & Metals MTLN.L: JP Morgan initiates coverage with overweight rating |
* Metlen Energy & Metals MTLN.L: JP Morgan initiates coverage with PT EUR 64 |
* Renishaw Plc RSW.L: Peel Hunt raises target price to 6700p from 6300p |
* Ryanair RYA.I: BofA Global Research raises PO to eur28.00 from eur27.50 |
* SAP SE SAPG.DE: Jefferies raises target price to EUR 220 from EUR 210 |
* Sigmaroc Plc SRC.L: BofA Global Research initiates coverage with buy rating |
* Sigmaroc Plc SRC.L: BofA Global Research initiates coverage with PT 162p |
* Smiths SMIN.L: Barclays raises target price to 2820p from 2740p |
* Smiths Group SMIN.L: Berenberg raises target price to 3200p from 3000p |
* Societe Generale SA SOGN.PA: Alphavalue cuts target price to EUR 78.40 from EUR 80.90 |
* Societe Generale SA SOGN.PA: JP Morgan raises target price to EUR 83 from EUR 81 |
* Softcat Plc SCTS.L: UBS raises target price to 2100p from 2000p |
* Standard Life Plc SDLF.L: RBC raises target price to 970p from 885p |
* Sunrise Communications Ltd SUNN.S: New Street Research raises PT to CHF 41 from CHF 35 |
* Sunrise Communications Ltd SUNN.S: New Street Research raises to neutral from reduce |
* TUI TUI1n.DE: Deutsche Bank cuts target price to EUR 10.1 from EUR 10.5 |
* UPM UPM.HE: Jefferies raises target price to EUR 27.55 from EUR 24.10 |
* Valeo VLOF.PA: Jefferies raises target price to EUR 17.85 from EUR 13.20 |
* Valeo VLOF.PA: Jefferies raises to buy from hold |
* Vend Marketplaces ASA VEND.OL: UBS raises target price to NOK 212 from NOK 207 |
* Volvo VOLVb.ST: Bernstein cuts target price to SEK 16 from SEK 17 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))