Europe Research Roundup: Novozymes, Uniqa Insurance, Vienna Insurance
26/03/2019 08:06
March 26 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Novozymes, Uniqa Insurance and Vienna Insurance on Tuesday.
HIGHLIGHTS
* Actia Group SA MRSP.PA : Portzamparc cuts to accumulate from buy
* Ascencio SCA ASCC.BR : Kepler Cheuvreux cuts to hold from buy
* Novozymes NZYMb.CO : JP Morgan cuts to underweight from neutral
* Uniqa Insurance Group UNIQ.VI : JP Morgan cuts to underweight from neutral
* Vienna Insurance Group VIGR.VI : JP Morgan raises to overweight from neutral
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries
are in alphabetical order.
* Allgeier SE AEIGn.DE : Baader Helvea cuts price target to EUR 35 from EUR 41
* AA Plc AAAA.L : Jefferies raises target price to 60p from 58p
* Actia Group SA MRSP.PA : Portzamparc cuts target price to EUR 4.3 from EUR 5.0
* Actia Group SA MRSP.PA : Portzamparc cuts to accumulate from buy
* Aedas Homes AEDAS.MC : Kepler Cheuvreux cuts target price to 22.2 euros from 22.4 euros
* AK Alrosa Pao ALRS.MM : Morgan Stanley cuts target price to RUB 100 from RUB 110
* Amigo Holdings Plc AMGO.L : RBC cuts target price to 330p from 345p
* Anglo American Plc AAL.L : Morgan Stanley raises target price to 2,280p from 2,250p
* Antofagasta Plc ANTO.L : Barclays cuts target price to 750p from 800p
* Antofagasta Plc ANTO.L : Barclays cuts to Underfieight from equal fieight
* Antofagasta Plc ANTO.L : Deutsche Bank raises target price to 880p from 800p
* Antofagasta Plc ANTO.L : Morgan Stanley cuts target price to 860p from 880p
* Aperam SA APAM.AS : Morgan Stanley cuts target price to EUR 33 from EUR 34
* ArcelorMittal SA MT.AS : Morgan Stanley cuts target price to EUR 26 from EUR 26.50
* Ascencio SCA ASCC.BR : Kepler Cheuvreux cuts to hold from buy
* Aurubis AG NAFG.DE : Morgan Stanley cuts target price to EUR 47 from EUR 50
* Aviva Plc AV.L : HSBC cuts target price to 475p from 540p; rating hold
* Barratt Developments Plc BDEV.L : HSBC raises target price to 770p from 620p; buy
* Bellway Plc BWY.L : HSBC raises target price to 4250p from 3870p; rating buy
* Berkeley Group Holdings Plc BKGH.L : HSBC raises target price to 4130p from 3780p; hold
* Boliden AB BOL.ST : Morgan Stanley cuts target price to SEK 221 from SEK 225
* Bovis Homes Group BVS.L : HSBC raises to buy from hold; raises TP to 1350p from 1060p
* Crest Nicholson Holdings Plc CRST.L : HSBC raises target price to 510p from 460p; buy
* Crest Nicholson Holdings Plc CRST.L : Peel Hunt raises target price 360p from 305p
* Crest Nicholson Holdings Plc CRST.L : Peel Hunt raises to hold from reduce
* Demant A/S DEMANT.CO : Berenberg cuts price target to DKK 195 from DKK 210
* Deutsche Boerse AG DB1Gn.DE : HSBC raises target price to EUR 136 from EUR 135; buy
* Direct Line Insurance Group Plc DLGD.L : Peel Hunt cuts price target to 380p from 400p
* DWS Group Gmbh & Co DWSG.DE : Independent Research cuts to sell from hold; TP EUR 26
* EMS Chemie Holding AG EMSN.S : Baader Helvea cuts to sell from hold
* EMS Chemie Holding AG EMSN.S : Baader Helvea cuts price target to CHF 485 from CHF 494
* Evraz EVRE.L : Morgan Stanley raises target price to 560p from 500p
* Ferguson Plc FERG.L : JP Morgan cuts price target to 5950p from 6350p
* Fevertree Drinks Plc FEVR.L : Jefferies cuts price target to 3100p from 3250p; hold
* Freenet AG FNTGn.DE : Independent Research raises target to EUR 21 from EUR 20; hold
* Fresnillo Plc FRES.L : Morgan Stanley raises target price to 900p from 715p
* Fresnillo Plc FRES.L : Morgan Stanley raises to equal-weight from underweight
* Hermes HRMS.PA : Morgan Stanley raises target price to EUR 525 from EUR 490
* IAG ICAG.L : HSBC cuts target price to 480p from 550p; rating reduce
* Ivs Group SA IVS.MI : Kepler Cheuvreux cuts target price to 13.7 euros from 14.1 euros
* James Fisher and Sons FSJ.L : Canaccord Genuity cuts to sell from hold
* James Fisher and Sons FSJ.L : Canaccord Genuity raises price target to 1900p from 1800p
* Jenoptik AG JENGn.DE : Deutsche Bank raises target price to EUR 33 from EUR 31
* Kingfisher Plc KGF.L : HSBC cuts to reduce from hold; cuts target to 180p from 240p
* Lenzing AG LENV.VI : Kepler Cheuvreux raises target price to 110 euros from 85 euros
* Lenzing AG LENV.VI : Kepler Cheuvreux raises to buy from hold
* Lundin Mining LUMIN.ST : Morgan Stanley raises target price to SEK 60 from SEK 58
* LVMH LVMH.PA : HSBC raises target price to EUR 375 from EUR 355; rating buy
* Magyar Telekom Tavkozlesi Nyrt MTEL.BU : HSBC cuts to hold from buy
* Majestic Wine Plc WINEW.L : Stifel cuts target price to 230p from 260p
* McCarthy & Stone Plc MCS.L : HSBC raises target price to 150p from 140p; rating hold
* Metrovacesa MVC.MC : Kepler Cheuvreux cuts target price to 10.4 euros from 10.5 euros
* Moncler MONC.MI : Morgan Stanley raises target price to EUR 37 from EUR 35.50
* Morgan Advanced Materials Plc MGAMM.L : RBC cuts target price to 270p from 310p
* Munich Re MUVGn.DE : HSBC raises target price to EUR 237 from EUR 230; rating buy
* Neste Oyj NESTE.HE : Inderes raises target price to EUR 99.0 from EUR 92.0; increase
* NLB NLBq.L : JP Morgan cuts target price to EUR 17.70 from EUR 18.60
* NLB DD NLBR.LJ : JP Morgan cuts target price to EUR 88 from EUR 93
* Norilsk Nickel NKELyq.L : Morgan Stanley raises target price to $20 from $19
* Norsk Hydro ASA NHY.OL : Morgan Stanley cuts target price to NOK 47 from NOK 52
* Novozymes NZYMb.CO : JP Morgan cuts to underweight from neutral
* Ocado Group OCDO.L : Peel Hunt reinstates with buy vs hold rating; 1700p vs 1000p target
* Orange Polska SA OPL.WA : HSBC raises target price to PLN 6 from PLN 5.2; rating hold
* Persimmon Plc PSN.L : HSBC raises to buy from hold; raises target to 2960p from 2480p
* Plant Advanced Technologies ALPAT.PA :Midcap Partners cuts TP to EUR 17.2 from EUR 24.6
* Polyus Pao PLZLq.L : Morgan Stanley raises target price to $48 from $44
* Redrow Plc RDW.L : HSBC raises target price to 790p from 690p; rating buy
* Rolls-Royce Holdings Plc RR.L : JP Morgan cuts target price to 650p from 700p
* S&U Plc SUS.L : Peel Hunt raises to buy from add
* Salzgitter AG SZGG.DE : Deutsche Bank cuts target price to EUR 38 from EUR 40
* Salzgitter AG SZGG.DE : Independent Research raises target to EUR 28 from EUR 27; hold
* Salzgitter AG SZGG.DE : Morgan Stanley cuts target price to EUR 29 from EUR 34
* Sandvik AB SAND.ST : Morgan Stanley cuts target price to SEK 138 from SEK 166
* Sandvik AB SAND.ST : Morgan Stanley cuts to underweight from equal-weight
* Schoeller Bleckmann Oilfield SBOE.VI : Berenberg raises target to EUR 82 from EUR 76
* Spectris Plc SXS.L : Goldman Sachs cuts target price to 2200p
* Spectris Plc SXS.L : Goldman Sachs cuts to sell from neutral
* SSAB AB SSABa.ST : Morgan Stanley cuts target price to SEK 51 from SEK 52
* Streamwide SA ALSTW.PA : Midcap Partners raises TP to EUR 7.0 from EUR 6.8; neutral
* Taylor Wimpey Plc TW.L : HSBC raises target price to 230p from 200p; rating buy
* Ted Baker Plc TED.L : Stifel cuts target price to 1,500p from 1,550p
* Trigano SA TRIA.PA : Portzamparc cuts target price to EUR 146 from EUR 153; rating buy
* Ubisoft UBIP.PA : Midcap Partners cuts target price to EUR 92.0 from EUR 107.0; buy
* Uniqa Insurance Group UNIQ.VI : JP Morgan cuts target price to EUR 9.60 from EUR 10.10
* Uniqa Insurance Group UNIQ.VI : JP Morgan cuts to underweight from neutral
* Vienna Insurance Group VIGR.VI : JP Morgan raises target price to EUR 28 from EUR 24.80
* Vienna Insurance Group VIGR.VI : JP Morgan raises to overweight from neutral
* Voestalpine AG VOES.VI : Morgan Stanley cuts target price to EUR 35 from EUR 36
* Volvo AB VOLVb.ST : HSBC cuts target price to SEK 170 from SEK 180; rating buy
* Xlmedia Plc XLM.L : Berenberg cuts target price to 100p from 115p
* Xp Power XPP.L : Stifel raises to buy from hold; raises target to 2,800p from 2,200p
* Yara International ASA YAR.OL : Berenberg cuts target price to NOK 418 from NOK 420
* Zooplus AG ZO1G.DE : Berenberg cuts price target to EUR 60 from EUR 120
* Zotefoams Plc ZTF.L : Canaccord Genuity raises target price to 675p from 620p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))