Europe Research Roundup: Amadeus, Carlsberg, EasyJet

Maison Pommery & Associes SA

07/07/2017 14:02

July 7 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Amadeus, Carlsberg and EasyJet Plc, on Friday.  
     
     
  HIGHLIGHTS     
 
     * Amadeus  AMA.MC : Barclays raises to equal weight from underweight 
     * BNP Paribas  BNPP.PA : HSBC raises to buy from hold 
     * Carlsberg  CARLb.CO : Barclays cuts to underweight from equal weight 
     * EasyJet Plc  EZJ.L : Credit Suisse raises to outperform from neutral 
     * Proximus NV  PROX.BR : Barclays raises to equal weight from underweight 
       
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order.    
         
     * Aegon NV  AEGN.AS : Kepler Cheuvreux raises target price to 5.4 euros from 4.8 euros 
     * Aegon NV  AEGN.AS : Kepler Cheuvreux raises to buy from hold 
     * Ageas SA  AGES.BR : JP Morgan raises target price to EUR 43.76 from EUR 43.66;overweight 
     * Alfa Laval AB  ALFA.ST : JP Morgan cuts target price to SEK 161 from SEK 164 
     * Amadeus  AMA.MC : Barclays raises target price to EUR 48 from EUR 44 
     * Amadeus  AMA.MC : Barclays raises to equal weight from underweight 
     * Anheuser Busch Inbev  ABI.BR : Kepler Cheuvreux raise to buy from hold 
     * Anheuser Busch Inbev  ABI.BR : Kepler Cheuvreux raises target to EUR 118 from EUR 113  
     * Ashmore Group Plc  ASHM.L : Liberum cuts target price to 333p from 338p; rating hold 
     * ASR Nederland  ASRNL.AS : JP Morgan raises price target to 28.30 euros from 23.90 euros 
     * Associated British Foods  ABF.L : Berenberg raises target price to 3100p from 3000p 
     * Associated British Foods  ABF.L : Deutsche Bank raises target to 3300p from 3200p 
     * Associated British Foods  ABF.L : Kepler Cheuvreux raises to buy from hold 
     * Associated British Foods  ABF.L : Kepler Cheuvreux raises TP to 3300p from 2900p 
     * Atresmedia  A3M.MC : Exane BNP Paribas cuts to underperform from outperform 
     * Beiersdorf AG  BEIG.DE : Morgan Stanley starts with overweight; target price 110 euros 
     * BNP Paribas  BNPP.PA : HSBC raises target price to 71 euros from 65 euros 
     * BNP Paribas  BNPP.PA : HSBC raises to buy from hold 
     * Boliden AB  BOL.ST : Liberum starts with sell; target price SEK 210 
     * Bovis Homes Group Plc  BVS.L : Canaccord Genuity raises price target to 960p from 860p 
     * Bovis Homes Group Plc  BVS.L : JP Morgan raises target price to 950p from 880p 
     * Campari  CPRI.MI : JP Morgan raises target price to 5.8 euros from 5.5 euros 
     * Campari  CPRI.MI : Kepler Cheuvreux raises target price to 6.2 euros from 5.6 euros 
     * Cargotec Oyj  CGCBV.HE : Kepler Cheuvreux raises target price to 63 euros from 61 euros 
     * Carlsberg  CARLb.CO : Barclays cuts price target to DKK 635 from DKK 645 
     * Carlsberg  CARLb.CO : Barclays cuts to underweight from equal weight 
     * Carlsberg  CARLb.CO : JP Morgan raises target price to DKK 560 from DKK 530 
     * Carlsberg  CARLb.CO : Kepler Cheuvreux raises target price to DKK 630 from DKK 590 
     * Cellnex Telecom SA  CLNX.MC : Barclays raises target price to 22.5 euros from 22 euros 
     * Chr. Hansen  CHRH.CO : Investec cuts price target to DKK 370 from DKK 375 
     * Clinigen Group Plc  CLINC.L : Peel Hunt raises target price to 1,200p from 1,015p 
     * Coats Group Plc  COA.L : Berenberg starts with buy; target price 100p 
     * Coca Cola HBC AG  CCH.L : Barclays raises target price to 1800p from 1775p 
     * Com Hem Holding AB  COMH.ST : Berenberg raises target price to SEK 133 from SEK 98 
     * Com Hem Holding AB  COMH.ST : Berenberg raises to buy from hold 
     * Computacenter Plc  CCC.L : Barclays raises target price to 900p from 750p 
     * Computacenter Plc  CCC.L : Barclays raises to overweight from equal weight 
     * Credit Agricole  CAGR.PA : HSBC cuts to hold from buy 
     * Credit Agricole  CAGR.PA : HSBC raises target price to 15.5 euros from 14 euros 
     * Credit Suisse Group  CSGN.S : Kepler Cheuvreux raises target to SFR 16.4 from SFR 15.6 
     * Credit Suisse Group  CSGN.S : RBC resumes coverage with sector perform rating 
     * Credit Suisse Group  CSGN.S : RBC resumes coverage with SFR 15 price target 
     * Daimler  DAIGn.DE :Redburn ups to neutral from sell;ups fair value to EUR 75 from EUR 62 
     * Deutsche Telekom AG  DTEGn.DE : Barclays cuts target price to 20.6 euros from 21 euros 
     * Diageo Plc  DGE.L : Kepler Cheuvreux starts with hold rating; 2400p price target 
     * DNB  DNB.OL : Pareto Securities cuts to hold from buy, keeps price target at NOK 150 
     * Dunelm Group Plc  DNLM.L : Canaccord Genuity cuts target price to 752p from 798p 
     * E.ON SE  EONGn.DE : UBS raises to buy rating 
     * EasyJet Plc  EZJ.L : Credit Suisse raises target price to 1583p from 1278p 
     * EasyJet Plc  EZJ.L : Credit Suisse raises to outperform from neutral 
     * Entertainment One Ltd  ETO.L : Citigroup starts with buy; target price 295p 
     * Eurocash SA  EUR.WA : Morgan Stanley raises to equal weight from underweight 
     * Eutelsat  ETL.PA : Barclays raises target price to eur 21.25 from eur 20.75 
     * Fenner Plc  FENR.L : Jefferies raises target price to 390p from 380p; rating buy 
     * Fenner Plc  FENR.L : Numis raises rating to add from hold 
     * Gam Holding AG  GAMH.S : Helvea Baader Bank raises target price to SFR 19 from SFR 17 
     * Gas Natural  GAS.MC : Goldman Sachs cuts to sell from neutral 
     * Gas Natural  GAS.MC : Goldman Sachs raises target price to EUR 21 from EUR 20 
     * Gecina  GFCP.PA : Natixis raises target price to 150 euros from 135 euros;rating neutral 
     * HAL Trust  HLAN.AS : KBC Securities raises target to eur 178.0 from eur 173.0; hold 
     * Heineken  HEIN.AS : Kepler Cheuvreux cuts to hold from buy 
     * Heineken Holding NV  HEIO.AS : JP Morgan raises target price to 82 euros from 74 euros 
     * Heineken NV  HEIN.AS : Barclays raises target price to EUR 86 from EUR 85 
     * Iberdrola  IBE.MC : Goldman Sachs cuts to neutral from buy 
     * Iberdrola  IBE.MC : Goldman Sachs raises target price to EUR 7.80 from EUR 7.45 
     * Iberdrola  IBE.MC : Goldman Sachs removes from Pan-Europe buy list 
     * Innogy SE  IGY.DE : Goldman Sachs raises target price to EUR 41.5 from EUR 36 
     * Innogy SE  IGY.DE : Goldman Sachs raises to buy from neutral 
     * John Laing Environmental Assets  JLEN.L : Stifel raises view to neutral from negative 
     * Lanson BCC SA  LAN.PA : Barclays raises target price to eur 25 from eur 23.50 
     * Laurent Perrier SA  LPER.PA : Barclays raises target price to eur 65 from eur 60 
     * McCarthy & Stone Plc  MCS.L : Canaccord Genuity cuts price target to 195p from 205p 
     * Mediaset Espana  Tl5.MC : Exane BNP Paribas cuts to underperform from neutral 
     * Mediaset SpA  MS.MI : Exane BNP Paribas cuts to underperform from neutral 
     * Millicom  MICsdb.ST : Barclays raises target price to SEK 495 from SEK 485 
     * N Brown Group Plc  BWNG.L : UBS raises price target to 230p from 185p 
     * Nordax Group AB  NDX.ST : Morgan Stanley cuts price target to SEK 48.85 from SEK 55.80 
     * Novartis AG  NOVN.S : Deutsche Bank raises target price to SFR 80 from SFR 78 
     * Novo Nordisk  NOVOb.CO : Deutsche Bank cuts target price to DKK 310 from DKK 327 
     * Novozymes  NZYMb.CO : Investec cuts price target to DKK 290 from DKK 300 
     * Orange Belgium  OBEL.BR : Barclays cuts target price to 23.5 euros from 25 euros 
     * Orange Belgium  OBEL.BR : Barclays cuts to equal weight from overweight 
     * Osram Licht AG  OSRn.DE : HSBC raises target price to 80 euros from 65 euros 
     * Pernod Ricard  PERP.PA : JP Morgan raises target price to 103 euros from 101 euros 
     * Pernod Ricard  PERP.PA : Kepler Cheuvreux starts with buy rating; EUR 144 price target 
     * Persimmon Plc  PSN.L : Canaccord Genuity raises price target to 2570p from 2530p 
     * Persimmon Plc  PSN.L : UBS raises price target to 2600p from 2400p 
     * Prosiebensat 1 Media SE  PSMGn.DE : Exane BNP Paribas cuts to neutral from outperform 
     * Proximus NV  PROX.BR : Barclays raises to equal weight from underweight 
     * Publicis  PUBP.PA : Exane BNP Paribas cuts target price by 8 pct to eur 69 
     * Publicis  PUBP.PA : Exane BNP Paribas cuts to neutral from outperform 
     * Reckitt Benckiser Group Plc  RB.L : Jefferies cuts target price to 8200p; rating hold 
     * Refresco Group NV  RFRG.AS : JP Morgan raises target price to 17.5 euros from 15.7 euros 
     * Relx NV  RELN.AS : Barclays raises target price to EUR 19.85 from EUR 18.60 
     * Relx Plc  REL.L : Barclays raises target price to 1845p from 1660p 
     * Remy Cointreau  RCOP.PA : Kepler Cheuvreux starts with hold rating; eur 110 price target 
     * Renault  RENA.PA : Redburn cuts fair value to eur 105 from eur 122  
     * Renault  RENA.PA : Redburn raises to buy from neutral  
     * Roche Holding AG  ROG.S : Deutsche Bank cuts target price to SFR 260 from SFR 273 
     * Roche Holding AG  ROG.S : Deutsche Bank cuts to hold from buy 
     * Royal Mail Plc  RMG.L : UBS cuts price target to 390p from 420p 
     * Royal Mail Plc  RMG.L : UBS cuts to sell from neutral 
     * RSA Insurance Group Plc  RSA.L : KBW raises target price to 765p from 690p 
     * RWE AG  RWEG.DE : UBS raises to neutral rating 
     * Saint-Gobain  SGOB.PA : Barclays raises target price to EUR 46 from EUR 43 
     * Schindler Holding AG  SCHP.S : Barclays raises target price to SFR 205 from SFR 180 
     * Severn Trent Plc  SVT.L : HSBC raises to hold from reduce 
     * SFR Group SA  SFRGR.PA : RBC revises to outperform rating 
     * SIG Plc  SHI.L : Berenberg raises target price to 145p from 115p 
     * Sodexo  EXHO.PA : Barclays cuts target price to eur 102 from eur 108 
     * Sodexo  EXHO.PA : Deutsche Bank cuts target price to EUR 115 from EUR 125 
     * Sodexo  EXHO.PA : Deutsche Bank cuts to hold from buy 
     * Sodexo  EXHO.PA : JP Morgan cuts target price to 112 euros from 116 euros 
     * Sodexo  EXHO.PA : Kepler Cheuvreux cuts target price to 120 euros from 126 euros 
     * Sodexo  EXHO.PA : Natixis cuts target price to 122 euros from 125 euros; rating buy 
     * Spirent Communications Plc  SPT.L : Barclays raises target price to 110p from 101p 
     * Standard Life Private Equity Trust Plc  SLPE.L : Stifel cuts to hold from buy 
     * stock Spirits Group Plc  STCK.L : JP Morgan cuts target price to 180p from 190p 
     * Suedzucker  SZUG.DE : Deutsche Bank cuts target price to eur 20 from eur 22 
     * Tele Columbus AG  TC1n.DE : Barclays raises target price to 9.8 euros from 9.6 euros 
     * Telecom Italia SpA  TLIT.MI : Barclays cuts target price to 0.87 euro from 0.90 euro 
     * Telecom Italia-Rsp  TLITn.MI : Barclays cuts target price to 0.73 euro from 0.75 euro 
     * Telefonica  TEF.MC : Barclays cuts target price to 8.9 euros from 9.1 euros 
     * Telefonica Deutschland  O2Dn.DE : Barclays cuts target price to 4.3 euros from 4.5 euros 
     * Telia  TELIA.ST : Berenberg raises target price to SEK 35 from SEK 30 
     * Telia  TELIA.ST : Berenberg raises to hold from sell 
     * Tod's SpA  TOD.MI : Kepler Cheuvreux cuts target price to 55 euros from 59 euros 
     * Tod's SpA  TOD.MI : Kepler Cheuvreux raises to hold from reduce 
     * UBM Plc  UBM.L : Barclays cuts target price to 740p from 755p 
     * Unilever NV  UNc.AS : Barclays cuts target price to EUR 50 from EUR 50.40 
     * Unilever Plc  ULVR.L : Barclays raises target price to 4390p from 4360p 
     * Uniper SE  UN01.DE : UBS raises to buy rating 
     * Volkswagen AG  VOWG.DE : Redburn raises fair value to EUR 185 from EUR 167  
     * Volkswagen AG  VOWG.DE : Redburn raises to buy from neutral  
     * Vranken Pommery Monopole  VRKP.PA : Barclays raises target price to EUR 20 from EUR 19 
     * Wacker Neuson SE  WACGn.DE : Kepler Cheuvreux raises target to 17 euros from 15.5 euros 
     * Wolters Kluwer NV  WLSNc.AS : Barclays cuts target price to EUR 42.75 from EUR 43.50 
     * Wolters Kluwer NV  WLSNC.AS : Berenberg cuts target to 35 euros from 37 euros; hold 
     * WPP Plc  WPP.L : Exane BNP Paribas cuts target price by 28 pct to 1540p 
     * WPP Plc  WPP.L : Exane BNP Paribas cuts to underperform from outperform 
     
     
 
 (Compiled by Bengaluru Newsroom) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/