Europe Research Roundup: Sage Group, SMCP, Tele2
04/04/2019 08:08
April 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Sage Group, SMCP and Tele2 on Thursday.
HIGHLIGHTS
* Sage Group Plc SGE.L : Citigroup cuts to neutral from buy
* SMCP SA SMCP.PA : Jefferies cuts to hold from buy
* Tele2 AB TEL2b.ST : Credit Suisse reinstates coverage with neutral rating and SEK 119 PT
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Ambu A/S AMBUb.CO : JP Morgan raises target price to DKK 255 from DKK 252
* Ashmore Group Plc ASHM.L : JP Morgan raises target price to 425p from 390p
* Centrica Plc CNA.L : Morgan Stanley cuts target priceto 95p from 105p
* Coface SA COFA.PA : JP Morgan cuts target price to EUR 9.7 from EUR 10.3
* Daily Mail and General Trust P L C DMGOa.L :JP Morgan initiates coverage with overweight rating
* Daily Mail and General Trust P L C DMGOa.L :JP Morgan initiates coverage with 770p PT
* DSV DSV.CO : Jefferies raises target price to DKK 685 from DKK 625
* DWS Group Gmbh & Co KGaA DWSG.DE : JP Morgan raises target price to EUR 25 from EUR 22
* EDF EDF.PA : Morgan Stanley cuts target price to EUR 14 from EUR 15
* GN Store Nord GN.CO : Jefferies raises target price to DKK 365 from DKK 343
* Hargreaves Lansdown Plc HRGV.L : JP Morgan raises target price to 1630p from 1575p
* Husqvarna AB HUSQb.ST : Berenberg initiates coverage with buy rating and PT of SEK105
* Jupiter Fund Management Plc JUP.L : JP Morgan raises target price to 365p from 340p
* Klingelnberg AG KLIN.S : Berenberg cuts target price to SFR 46 from SFR 61
* KPN KPN.AS : JP Morgan raises target price to EUR 3.1 from EUR 3
* Lanxess AG LXSG.DE : JP Morgan raises target price to EUR 60 from EUR 55
* Micro focus International Plc MCRO.L : Citigroup cuts to sell from neutral
* Micro focus International Plc MCRO.L : Citigroup raises price target to 1700p from 1230p
* Morphosys AG MORG.DE : JP Morgan cuts target price to EUR 120 from EUR 135
* Ryanair Holdings Plc RYA.I : JP Morgan cuts target price to EUR 14 from EUR 14.25
* Sage Group Plc SGE.L : Citigroup cuts to neutral from buy
* Sage Group Plc SGE.L : Citigroup raises price target to 720p from 630p
* Santander SAN.MC : Credit Suisse cuts target price to EUR 5 from EUR 5.20
* Sistema SSAq.L : JP Morgan raises target price to $3.30 from $3
* SMCP SA SMCP.PA : Jefferies cuts to hold from buy
* Smith & Nephew Plc SN.L : JP Morgan raises target price to 1689p from 1516p
* Tele2 AB TEL2b.ST : Credit Suisse reinstates coverage with neutral rating and SEK 119 PT
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))