Europe Research Roundup: Lancashire Holdings, Saipem, Subsea 7
11/04/2019 07:51
April 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Lancashire Holdings, Saipem and Subsea 7 on Thursday.
HIGHLIGHTS
* Lancashire Holdings Ltd LRE.L : Berenberg raises to buy from hold
* Marks and Spencer Group Plc MKS.L : Credit Suisse cuts to underperform from neutral
* Saipem SpA SPMI.MI : Jefferies cuts to underperform from hold
* Subsea 7 SA SUBC.OL : Jefferies cuts to hold from buy
* Tesco Plc TSCO.L : JP Morgan raises target price to 280p from 265p
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Avast Plc AVST.L : Credit Suisse raises target price to 381p from 330p
* Beazley Plc BEZG.L : Berenberg cuts target price to 622p from 640p
* Bpost SA BPOST.BR : RBC raises price target to EUR 12 from EUR 11
* Danske Bank DANSKE.CO : Morgan Stanley cuts target price to DKK 154 from DKK 157
* Deutsche Post AG DPWGn.DE : Morgan Stanley cuts target price to EUR 37.50 from EUR 40
* Diageo Plc DGE.L : Jefferies raises target price to 3600p from 3300p
* Diageo Plc DGE.L : Morgan Stanley raises target price to 3400p from 3200p
* Georg Fischer AG FIN.S : Credit Suisse raises target price to SFR 1220 from SFR 1150
* Go-Ahead Group Plc GOG.L : JP Morgan raises target price to 1,548p from 1,519p
* Handelsbanken SHBa.ST : Morgan Stanley raises target price to SEK 102 from SEK 99
* Hiscox Ltd HSX.L : Berenberg cuts to hold from buy; cuts target to 1,569p from 1,711p
* Klingelnberg AG KLIN.S : Credit Suisse cuts target price to SFR 49 from SFR 55
* Lancashire Holdings Ltd LRE.L : Berenberg raises to buy from hold
* Lancashire Holdings Ltd LRE.L : Berenberg raises price target to 697p from 600p
* Marks and Spencer Group Plc MKS.L : Credit Suisse cuts target price to 250p from 315p
* Marks and Spencer Group Plc MKS.L : Credit Suisse cuts to underperform from neutral
* Metro Bank Plc MTRO.L : Morgan Stanley cuts target price to 830p from 920p
* Nestle SA NESN.S : Morgan Stanley raises target price to SFR 105 from SFR 104
* Nordea Bank Abp NDASE.ST : Morgan Stanley cuts target price to SEK 92 from SEK 96
* Pandora PNDORA.CO : RBC raises price target to DKK 230 from DKK 225
* Puma SE PUMG.DE : RBC raises price target to EUR 390 from EUR 385
* Saipem SpA SPMI.MI : Jefferies cuts to underperform from hold
* SEB AB SEBa.ST : Morgan Stanley cuts target price to SEK 101 from SEK 107
* Sika AG SIKA.S : Credit Suisse raises target price to SFR 165 from SFR 161
* Siltronic AG WAFGn.DE : Credit Suisse cuts target price to EUR 78 from EUR 90
* Spire Healthcare Group Plc SPI.L : Morgan Stanley raises target price to 158p from 155p
* Stagecoach Group Plc SGC.L : RBC cuts target price to 160p from 190p
* Subsea 7 SA SUBC.OL : Jefferies cuts to hold from buy
* Swedbank SWEDa.ST : Morgan Stanley cuts target price to SEK 176 from SEK 225
* Technipfmc Plc FTI.PA : Jefferies raises target price to EUR 26 from EUR 24
* Tesco Plc TSCO.L : JP Morgan raises target price to 280p from 265p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))