EUROPE RESEARCH ROUNDUP: HSBC, Cairn Energy, Informa
12/04/2013 07:32
April 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including HSBC, Cairn Energy and Informa, on Friday.
HIGHLIGHTS
* HSBC : Liberum cuts to hold from buy
* Cairn Energy PLC : RBC raises to outperform from sector perform
* Reed Elsevier PLC : Jefferies cuts to hold from buy
* Informa PLC : Jefferies cuts to hold from buy
* Leifheit AG : Berenberg starts with hold; target price 33 euros
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. See bottom of the table for sector changes.
* Ashmore Group PLC : Jefferies raises target price to 490p from 435p; rating buy
* Ashmore Group PLC : SocGen raises target price to 455p from 420p; rating buy
* Austrian Post : Nomura ups target to 31.50 euros from 30 euros; rating neutral
* Cairn Energy PLC : RBC raises to outperform from sector perform
* Cairn Energy PLC : RBC raises target price to 440p from 400p
* Chr Hansen : HSBC cuts target price to Dkk 214 from Dkk 216; rating neutral
* CHR Hansen : SocGen raises to hold from sell; target to Dkk 205 from Dkk 190
* Debenhams PLC : Cantor cuts to sell from reduce
* Debenhams PLC : Cantor cuts target price to 70p from 80p
* Gerresheimer : Jefferies raises target to 51 euros from 49.50 euros; rating buy
* GlaxoSmithKline PLC : SocGen raises target price to 1900p from 1810p; rating buy
* Grifols SA : Berenberg raises target to 29 euros from 24.50 euros; rating hold
* Heidelbergcement AG : SocGen starts with buy rating; target price 64 euros
* Hennes & Mauritz : SocGen cuts target price to Sek 205 from Sek 219; rating sell
* Holcim Ltd : SocGen raises to buy from hold; target price to Sfr 97 from Sfr 60
* HSBC Holdings PLC : Liberum cuts to hold from buy
* HSBC Holdings PLC : Liberum cuts target price to 650p from 665p
* Informa PLC : Jefferies cuts to hold from buy
* Informa PLC : Jefferies cuts target price to 510p from 580p
* Jazztel PLC : Berenberg raises target price to 7 euros from 6.60 euros; rating buy
* Leifheit AG : Berenberg starts with hold; target price 33 euros
* Marks And Spencer Group Plc : Cantor cuts to sell from hold
* Pearson PLC : Jefferies cuts target price to 1240p from 1290p; rating hold
* PostNL NV : Nomura raises target to 1.80 euros from 1.60 euros; rating reduce
* Reed Elsevier PLC : Jefferies cuts to hold from buy
* Reed Elsevier PLC : Jefferies cuts target price to 700p from 760p
* SABMiller PLC : SocGen raises target price to 3590p from 2970p; rating hold
* Sports Direct : Cantor cuts to hold from buy
* Sports Direct : Cantor cuts target price to 440p from 460p
* Uniqa : Nomura raises target to 10.50 euros from 10.00 euros; rating neutral
* Wincor Nixdorf : HSBC raises target to 45 euros from 40 euros; rating overweight
((Compiled by Saqib Iqbal Ahmed in Bangalore; Bangalore Equities Newsdesk +91 80 4135 5800;
within U.S. +1 646 223 8780))
Keywords: RESEARCH EUROPE/