Europe Research Roundup: Deutsche Bank, SSE, Air France

Krka dd Novo Mesto

22/12/2014 08:07

Dec 22 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Air France and Deutsche Bank, on Monday.  
     
    HIGHLIGHTS 
    * SSE  SSE.L : HSBC cuts to neutral from overweight; target price to 1810p from 1830p 
    * Air France  AIRF.PA : SocGen, HSBC raise target price on the stock 
    * Deutsche Bank  DBKGn.DE : Citigroup cuts target to 34 euros from 36 euros; rating buy 
       
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.   
 
    * Air France  AIRF.PA : HSBC raises target price to 10 euros from 9 euros; rating overweight 
    * Air France  AIRF.PA : SocGen raises target price to 7.8 euros from 6.7 euros; rating hold 
    * Atos  ATOS.PA : UBS raises target price to 70 euros from 61 euros; rating buy 
    * BBVA  BBVA.MC : Citigroup cuts target price to 8.50 euros from 9.20 euros; rating neutral 
    * Continental  CONG.DE : Goldman Sachs cuts target to 193 euros from 195 euros; rating buy 
    * Deutsche Bank  DBKGn.DE : Citigroup cuts target to 34 euros from 36 euros; rating buy 
    * Gedeon Richter  GDRB.BU : Jefferies cuts target price to huf 3100; rating underperform 
    * Grupo Catalana Occidente  GCO.MC : JP Morgan raises target to 29 euros from 28.10 euros 
    * Krka  KRKG.LJ : Jefferies cuts target price to 57 euros; rating hold 
    * Neste Oil  NES1V.HE : UBS raises target price to 20 euros from 19.50 euros; rating neutral 
    * SAS AB  SAS.ST : HSBC cuts to neutral from overweight 
    * SSE  SSE.L : HSBC cuts to neutral from overweight; target price to 1810p from 1830p 
    * Stada Arzneimittel  STAGn.DE : Jefferies cuts target price to 26 euros; rating hold 
 
 
 (Compiled by Eileen Anupa Soreng in Bengaluru) 
 ((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/