EUROPE RESEARCH ROUNDUP: Bayer, Ericsson, Nokia, Credit Suisse Group

Groupe Partouche SA

12/12/2013 11:30

Dec 12 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Bayer and Nokia Oyj, on Thursday.  
     
    HIGHLIGHTS 
    * Bayer Ag  BAYGn.DE : Barclays raises target to 90 euros from 85 euros ID:nWNBB039BT  
    * Ericsson  ERICb.ST : SocGen raises to buy from sell 
    * Nokia Oyj  NOK1V.HE : SocGen cuts to hold from buy 
       
Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order. See bottom of the table for sector changes.   
     
    * Actelion Ltd  ATLN.VX : Barclays raises target to Sfr 56 from Sfr 51; rating equal weight 
    * Almirall  ALM.MC : Barclays raises target to 10.70 euros from 10.30 euros; equal weight  
    * Bayer Ag  BAYGn.DE : Barclays raises target to 90 euros from 85 euros; equal weight   
    * BBA Aviation  BBA.L : Morgan Stanley raises target to 315p from 310p; equal weight 
    * Deutsche Wohnen  DWNG.DE : Morgan Stanley cuts target to 16.50 euros from 17 euros 
    * Ericsson  ERICb.ST : SocGen raises to buy from sell; target price to Sek 95 from Sek 72 
    * Faurecia SA  EPED.PA :Barclays raises target to 26 euros from 21 euros; equal weight 
    * Ipsen SA  IPN.PA : Barclays raises target to 29 euros from 27 euros; rating equal weight  
    * Nokia Oyj  NOK1V.HE : SocGen cuts to hold from buy 
    * Novo Nordisk  NOVOb.CO : Barclays raises target to Dkk 1004.45from Dkk 970; overweight 
    * Securitas  SECUb.ST : UBS cuts target price to Sek 70 from Sek 74; rating neutral 
    * Sistema  SSAq.L : Morgan Stanley raises target price to $34 from $28; overweight 
    * Tryg A/S  TRYG.CO : JP Morgan raises to neutral from underweight  
    * Tryg A/S  TRYG.CO : JP Morgan raises target price to Dkk 496 from Dkk 440 
    * U C B SA  UCB.BR : Barclays raises to overweight from equal weight  
    * U C B SA  UCB.BR : Barclays raises target price to 57 euros from 46 euros 
 
 
 
 (Compiled by Sneha Banerjee in Bangalore) 
 ((sneha.banerjee@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 80 6749 
1130)(Reuters Messaging: sneha.banerjee.thomsonreuters.com@reuters.net)(U.S. +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/