Europe Research Roundup: Ferrovial, Atlantia SpA, Glanbia

Haulotte SA

13/03/2014 07:08

March 13 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Tod's SpA and Ferrovial SA, on Thursday.  
     
    HIGHLIGHTS 
    * Ferrovial SA  FER.MC : Deutsche Bank cuts to hold from buy 
    * Atlantia SpA  ATL.MI : Deutsche Bank cuts to hold from buy 
    * Glanbia PLC  GL9.I : SocGen raises to hold from sell; target to 11.4 euros from 9.8 euros 
    * Tod's SpA  TOD.MI : Cantor Fitzgerald, SocGen cut target price on the stock 
       
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.   
     
    * ASM International  ASMI.AS : Berenberg raises target to 34 euros from 30 euros; rating buy 
    * Atlantia SpA  ATL.MI : Deutsche Bank cuts to hold from buy 
    * Aurubis AG  NAFG.DE : SocGen raises to buy from hold 
    * Caracal Energy  CRCL.L : SocGen starts with buy rating; target price of 530p 
    * Ferrexpo PLC  FXPO.L : Jefferies cuts price target to 165p from 200p; rating hold 
    * Ferrovial SA  FER.MC : Deutsche Bank cuts to hold from buy 
    * GAM Holding  GAMH.S : Credit Suisse cuts target to Sfr 18.80 from Sfr 19.50; outperform 
    * Glanbia PLC  GL9.I : SocGen raises to hold from sell; target to 11.4 euros from 9.8 euros 
    * Haulotte Group  PYHE.PA : SocGen cuts to sell from hold 
    * Haulotte Group  PYHE.PA : SocGen raises target price to 13.5 euros from 10 euros 
    * Hikma Pharmaceuticals  HIK.L : UBS raises target price to 1700p from 1450p; rating buy 
    * Numericable  NUME.PA : Barclays raises target to 26.50 euros from 26 euros; equalweight 
    * Restaurant Group  RTN.L : Barclays raises target to 750p from 675p; rating overweight 
    * Stock Spirits  STCK.L : Berenberg raises price target to 325p from 310p; rating buy 
    * Tod's SpA  TOD.MI : Cantor Fitzgerald cuts target to 85 euros from 95 euros; rating sell 
    * Tod's SpA  TOD.MI : SocGen cuts target price to 80 euros from 91 euros; rating sell 
    * Tyman PLC  TYMN.L : Berenberg raises price target to 350p from 327p; rating buy 
 
 (Compiled by Eileen Anupa Soreng in Bangalore) 
 ((eileen.soreng@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. + 91 80 6749 
6131)(Reuters messaging: eileen.soreng.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/