Europe Research Roundup: Baloise, Commerzbank, Swiss Life

Haulotte SA

19/03/2019 07:06

March 19 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Baloise Holding, Commerzbank and Swiss Life Holding, on Tuesday. 
    
  HIGHLIGHTS  
     * Baloise Holding Ltd  BALN.S : JP Morgan raises to overweight from neutral
     * Catalana Occidente  GCO.MC : JP Morgan raises to overweight from neutral
     * Commerzbank AG  CBKG.DE : RBC cuts to sector perform from outperform
     * Hikma Pharmaceuticals Plc  HIK.L : Citigroup raises to buy from neutral
     * Swiss Life Holding AG  SLHN.S : JP Morgan cuts to neutral from overweight
          
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * 2Crsi SA  2CRSI.PA : Portzamparc raises PT to EUR 12.7 from EUR 12.5;rating buy
     * ABB Ltd  ABBN.S : Berenberg cuts target price to SFR 17 from SFR 17.50
     * Alrosa Pao  ALRS.MM : JP Morgan raises target price to RUB 100 from RUB 90
     * Atlantia  ATL.MI : UBS raises target price to EUR 25.4 from EUR 19
     * Atlantia  ATL.MI : UBS raises to buy from neutral
     * Avast Plc  AVST.L : UBS raises price target to 400p from 320p
     * Bakkavor Group Plc  BAKK.L : Barclays cuts to underweight from overweight
     * Bakkavor Group Plc  BAKK.L : Barclays ts target price to 125p from 212p
     * Baloise Holding Ltd  BALN.S : JP Morgan raises target price to SFR 190 from SFR 173
     * Baloise Holding Ltd  BALN.S : JP Morgan raises to overweight from neutral
     * BP Plc  BP.L : Deutsche Bank raises price target to 615p from 590p
     * Catalana Occidente  GCO.MC : JP Morgan raises to overweight from neutral
     * Coca Cola HBC AG  EEEr.AT : ESN/Investment Bank Of Greece cuts to neutral from accumulate
     * Coca Cola HBC AG  EEEr.AT : ESN/Investment Bank Of Greece raises PT to EUR 30.5 from EUR 29.0
     * Comet Holding AG  COTNE.S : UBS cuts price target to SFR 87 from SFR 96
     * Commerzbank AG  CBKG.DE : RBC cuts to sector perform from outperform
     * Danone  DANO.PA : Jefferies cuts price target to EUR 63 from EUR 68
     * Deutsche Lufthansa AG  LHAG.DE : Kepler Cheuvreux cuts TP to 23.7 euros from 24.7 euros
     * Deutsche Lufthansa AG  LHAG.DE : RBC cuts target price to EUR 25 from EUR 27
     * Deutz AG  DEZG.DE : Kepler Cheuvreux raises to buy from hold
     * Deutz AG  DEZG.DE : Kepler Cheuvreux raises target price to 8 euros from 7 euros
     * Diasorin SpA  DIAS.MI : Kepler Cheuvreux raises target price to 85 euros from 76 euros
     * Dino Polska SA  DNP.WA : JP Morgan raises target price to PLN 148 from PLN 122
     * DWS  DWSG.DE : Kepler Cheuvreux cuts to hold from buy
     * DWS  DWSG.DE : Kepler Cheuvreux raises target price to 29.7 euros from 29.1 euros
     * Eca SA  ECASA.PA : Portzamparc raises target price to EUR 20.9 from EUR 12.3
     * Eca SA  ECASA.PA : Portzamparc raises to 'buy' from 'hold'
     * Elementis Plc  ELM.L : HSBC cuts target price to 185p from 200p; rating hold
     * Eurocash SA  EUR.WA : JP Morgan raises target price to PLN 18.40 from PLN 14.50
     * Experian Plc  EXPN.L : Morgan Stanley initiates with underweight rating and 1,800p PT
     * Flughafen Zuerich AG  FHZN.S : HSBC raises target price to SFR 180 from SFR 165; hold
     * GEA Group AG  G1AG.DE : Independent Research raises PT to EUR 19.50 from EUR 17.00; sell
     * GEA Group AG  G1AG.DE : Morgan Stanley cuts target price to EUR 28 from EUR 31
     * Geberit AG  GEBN.S : Kepler Cheuvreux raises target price to SFR 460 from SFR 445
     * Givaudan SA  GIVN.S : Barclays raises target price to SFR 2200 from SFR 2050
     * Groupe Gorge SA  GOEG.PA : Kepler Cheuvreux raises to hold from reduce
     * Groupe Gorge SA  GOEG.PA : Kepler Cheuvreux raises target to 11 euros from 9.5 euros
     * H&M  HMB.ST : Independent Research raises TP to SEK 120.00 from SEK 115.00; rating sell 
     * Haulotte Group SA  PYHE.PA : Kepler Cheuvreux cuts target to 8.5 euros from 10 euros
     * Hikma Pharmaceuticals Plc  HIK.L : Citigroup raises to buy from neutral
     * Hikma Pharmaceuticals Plc  HIK.L : Jefferies cuts target price to 1,960p from 2,000p
     * Inditex  ITX.MC : HSBC cuts target price to EUR 32 from EUR 34; rating buy
     * Informa Plc  INF.L : Morgan Stanley raises to overweight from equal-weight
     * JPJ Group Plc  JPJ.L : Canaccord Genuity cuts target price to 1085p from 1200p
     * Just Group Plc  JUSTJ.L : JP Morgan cuts target price to 86p from 100p
     * K+S  SDFGN.DE : Independent Research raises PT to EUR 17.90 from EUR 17.00; rating hold 
     * K3 Business Technology Group Plc  KBT.L : Finncap raises target price to 290p from 275p
     * Korian  KORI.PA : HSBC raises target price to EUR 40 from EUR 36; rating hold
     * Leoni AG  LEOGn.DE : Deutsche Bank cuts price target to EUR 15 from EUR 18
     * Marshalls Plc  MSLH.L : Berenberg cuts to hold from buy; raises target to 620p from 580p
     * Mears Group Plc  MERG.L : Peel Hunt cuts price target to 450p from 500p
     * Montea Comm Va  MONTE.BR : KBC Securities raises target price to EUR 67 from EUR 56
     * Nanobiotix SA  NANOB.PA : Jefferies raises target price to EUR 25 from EUR 22
     * Nestle SA  NESN.S : Morgan Stanley raises target price to SFR 104 from SFR 96
     * Nexus AG  NXUG.DE : Berenberg cuts target price to EUR 29 from EUR 31
     * Orsted A/S  ORSTED.CO : Goldman Sachs cuts to neutral from buy
     * OTP Bank Nyrt  OTPB.BU : Morgan Stanley raises PT to HUF 13,500 from HUF 13,200
     * Pekao SA  PEO.WA : HSBC cuts target price to PLN 132 from PLN 133; rating buy
     * Pelatro Plc  PTRO.L : Finncap raises target price by 5 pct to 120p
     * Phoenix Mecano AG  PM.S : UBS cuts price target to SFR 480 from SFR 500
     * PKO BP  PKO.WA : HSBC raises target price to PLN 43.7 from PLN 42.2; rating hold
     * Polypipe Group Plc  PLP.L : Peelhunt Moves to add from buy
     * Provident Financial Plc  PFG.L : Berenberg cuts target price to 540p from 590p
     * Puma SE  PUMG.DE : Deutsche Bank raises price target to EUR 475 from EUR 460
     * RCS Mediagroup  RCSM.MI : Kepler Cheuvreux cuts to hold from buy
     * RCS Mediagroup  RCSM.MI : Kepler Cheuvreux cuts target to 1.45 euros from 1.65 euros
     * Restaurant Group Plc  RTN.L : Canaccord Genuity cuts price target to 185p from 190p
     * Santander Bank Polska SA  SPL1.WA : HSBC cuts target to PLN 352 from PLN 356;rating hold
     * Standard Chartered Plc  STAN.L : HSBC cuts target price to 590p from 610p; rating hold
     * Swiss Life Holding AG  SLHN.S : JP Morgan cuts to neutral from overweight
     * Swiss Re AG  SRENH.S : SocGen cuts to hold from buy
     * Symrise AG  SY1G.DE : Barclays raises target price to EUR 76 from EUR 70
     * Team17 Group Plc  TM17.L : Berenberg raises target price to 300p from 290p
     * Team17 Group Plc  TM17.L : Liberum raises price target to 255p from 225p
     * Telekom Austria AG  TELA.VI : HSBC raises target price to EUR 8.05 from EUR 8
     * Telekom Austria AG  TELA.VI : HSBC raises to buy
     * TP ICAP Plc  TCAPI.L : HSBC cuts target price to 390p from 400p; rating buy
     * Vifor pharma AG  VIFN.S : Kepler Cheuvreux raises target price to SFR 126 from SFR 118
     * Volkswagen AG  VOWG_p.DE : Barclays cuts target price to EUR 182 from EUR 194
     * Volkswagen AG  VOWG_p.DE : JP Morgan resumes coverage with overweight rating; EUR 186 TP
     * Volution Group Plc  FAN.L : Berenberg raises target price to 180p from 170p
     * Volution Group Plc  FAN.L : Canaccord Genuity raises target price to 215p from 210p
     * Wacker Neuson SE  WACGn.DE : Kepler Cheuvreux raises target to 21 euros from 19 euros
     * Xior Student Housing NV  XIOR.BR : KBC Securities raises TP to EUR 38.00 from EUR 36.00
     * Zotefoams Plc  ZTF.L : Investec raises target price to 650p from 570p
 
 (Compiled by Bengaluru Newsroom)
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