Europe Research Roundup: Airbus Group, Bayer AG, Technipfmc
13/10/2020 08:15
Oct 13 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Airbus Group, Bayer AG and Technipfmc, on Tuesday.
HIGHLIGHTS
* Airbus Group AIR.PA : JP Morgan cuts to underweight from neutral
* Bayer AG BAYGn.DE : Barclays cuts to equal weight from overweight
* Gem Diamonds Ltd GEMD.L : Barclays raises to overweight from underweight
* Norsk Hydro ASA NHY.OL : Barclays raises to equal weight from underweight
* Technipfmc Plc FTI.PA : Jefferies raises to hold from underperform
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Airbus Group AIR.PA : JP Morgan cuts to underweight from neutral
* Airbus Group AIR.PA : JP Morgan establishes Dec-21 PT of EUR 46.5 vs dec-20 PT of EUR 50
* Aker BP ASA AKERBP.OL : Barclays cuts target price to NOK 220 from NOK 235
* Applus APPS.MC : JP Morgan sets Sep-21 PT of EUR 8.5 vs jun-21 PT of EUR 9
* Argenx SE ARGX.BR : Barclays raises target price to EUR 225 from EUR 195
* AstraZeneca AZN.L : Jefferies raises target price to 8100p from 8000p
* Banco Bpm BAMI.MI : Citigroup raises price target to EUR 1.8 from EUR 1.5
* Bank of Ireland Group BIRG.I : Morgan Stanley raises PT to EUR 2.20 from EUR 2
* Bayer AG BAYGn.DE : Barclays cuts target price to EUR 50 from EUR 75
* Bayer AG BAYGn.DE : Barclays cuts to equal weight from overweight
* BHP BHPB.L : Barclays raises target price to 2000p from 1950p
* Brenntag AG BNRGn.DE : HSBC raises target price to EUR 70 from EUR 65
* Buzzi Unicem BZU.MI : Barclays raises target price to EUR 19 from EUR 18
* Compass CPG.L : Berenberg raises target price to 1,425p from 1,350p
* Continental AG CONG.DE : Citigroup raises price target to EUR 100 from EUR 90
* Daimler AG DAIGn.DE : Citigroup raises price target to EUR 50 from EUR 44
* Elisa Oyj ELISA.HE : HSBC raises target price to EUR 42.5 from EUR 40
* Emmi AG EMMN.S : Credit Suisse cuts to neutral from outperform, cuts PT to CHF 920
* Enquest Plc ENQ.L : Barclays raises target price to 19p from 18p
* Experian EXPN.L : Credit Suisse raises target price to 3600p from 3450p
* Ferrexpo FXPO.L : Barclays cuts target price to 155p from 165p
* FMC AG FMEG.DE : Deutsche Bank cuts target price to EUR 97 from EUR 100
* Fresnillo Plc FRES.L : Barclays raises target price to 1200p from 1150p
* Galapagos NV GLPG.AS : Barclays cuts target price to EUR 125 from EUR 140
* Geberit AG GEBN.S : Morgan Stanley raises target price to CHF 477 from CHF 464
* Gem Diamonds Ltd GEMD.L : Barclays raises target price to 55p from 33p
* Gem Diamonds Ltd GEMD.L : Barclays raises to overweight from underweight
* Greatland Gold Plc GGPL.L : Berenberg initiates with rating hold and price target 22p
* Hargreaves Lansdown HRGV.L : Morgan Stanley cuts target price to 1430p from 1435p
* Heidelbergcement AG HEIG.DE : Barclays raises target price to EUR 64 from EUR 62
* Hugo Boss AG BOSSn.DE : HSBC cuts target price to EUR 26 from EUR 26.5
* Imperial Brands IMB.L : Jefferies cuts target price to 2,122p from 2,139p
* Intertek ITRK.L : JP Morgan sets Sep-21 PT of 6,400p vs jun-21 PT of 5,900p
* Landis+Gyr Group AG LANDI.S : Cowen and Company cuts target price to CHF 63 from CHF 69
* Lundbeck LUN.CO : Barclays cuts target price to DKK 275 from DKK 285
* Merck KGaA MRCG.DE : Barclays raises target price to EUR 125 from EUR 92
* Merck KGaA MRCG.DE : Barclays raises to equal weight from underweight
* Naked Wines WINEW.L : Peel Hunt raises to buy from hold, raises PT to 535p from 400p
* Network International NETW.L : Jefferies cuts target price to 350p from 420p
* Norsk Hydro ASA NHY.OL : Barclays raises target price to NOK 30 from NOK 21
* Norsk Hydro ASA NHY.OL : Barclays raises to equal weight from underweight
* Petrofac PFC.L : Morgan Stanley cuts target price to 150p from 172p
* Pets at Home PETSP.L : Citigroup raises price target to 460p from 355p
* Redde Northgate Plc REDD.L : HSBC cuts target price to 232p from 328p
* Rosneft ROSNq.L : Credit Suisse cuts target price to $5.3 from $5.4
* Saga Plc SAGA.L : Peel Hunt cuts target price to 240p from 375p
* Saipem SpA SPMI.MI : Jefferies cuts target price to EUR 1.7 from EUR 2.1
* Scandic Hotels Group AB SHOTE.ST : Morgan Stanley cuts to underweight from equalweight
* Scandic Hotels Group AB SHOTE.ST : Morgan Stanley cuts PT to SEK 21 from SEK 35
* SGS SA SGSN.S : JP Morgan sets Sep-21 PT of CHF 2,600 vs jun-21 PT of CHF 2,500
* Societe Generale SA SOGN.PA : Deutsche Bank raises target price to EUR 17 from EUR 16.50
* Subsea 7 SA SUBC.OL : Jefferies raises to buy from hold, raises PT to NOK 90 from NOK 70
* Swedish Match AB SWMA.ST : Jefferies raises target price to SEK 551 from SEK 453
* Talktalk TALK.L : Berenberg raises target price to 97p from 67p
* Talktalk TALK.L : Berenberg raises to hold from sell
* Technipfmc Plc FTI.PA : Jefferies raises to hold from underperform
* Technipfmc Plc FTI.PA : Jefferies raises target price to EUR 6 from EUR 5
* Technogym SpA TGYM.MI : Citigroup cuts price target to EUR 7.4 from EUR 7.7
* Telefonica Deutschland O2Dn.DE : JP Morgan raises target price to EUR 3.6 from EUR 3.5
* Vivendi VIV.PA : Morgan Stanley raises target price to EUR 34 from EUR 31
* Volution Group Plc FAN.L : Peel Hunt raises target price to 225p from 220p
* Volvo AB VOLVb.ST : JP Morgan raises target price to SEK 210 from SEK 190
* Weir Group WEIR.L : JP Morgan raises target price to 1,450p from 1,230p
* Wood Plc WG.L : Morgan Stanley raises target price to 303p from 275p
* Xp Power XPP.L : Citigroup raises price target to 4800p from 4700p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))