Europe Research Roundup: Beazley, Elisa Oyj, Tele2 AB

Maisons du Monde SA

15/05/2020 08:50

May 15 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Beazley, Elisa Oyj and Tele2 AB, on Friday. 
    
    HIGHLIGHTS  
     * Beazley Plc  BEZG.L : Credit Suisse initiates with rating neutral and TP 400p
     * Elisa Oyj  ELISA.HE : Credit Suisse raises target price to EUR 53 from EUR 49
     * Straumann Holding AG  STMN.S : JP Morgan cuts to underweight from neutral
     * Tele2 AB  TEL2b.ST : Credit Suisse raises to outperform from neutral
    
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Alstom  ALSO.PA : JP Morgan cuts target price to EUR 38 from EUR 41
     * Bankinter SA  BKT.MC : Jefferies cuts target price to EUR 3.50 from EUR 3.60
     * Beazley Plc  BEZG.L : Credit Suisse initiates with rating neutral and TP 400p
     * Bollore  BOLL.PA : HSBC cuts target price to EUR 3.8 from EUR 4.5
     * Brewin Dolphin Holdings Plc  BRW.L : Peel Hunt raises target price to 310p from 305p
     * Continental AG  CONG.DE : HSBC cuts target price to EUR 80 from EUR 130
     * Countryside Properties Plc  CSPC.L : Jefferies cuts target price to 443p from 587p
     * Covestro AG  1COV.DE : HSBC raises target price to EUR 29 from EUR 28.5
     * Deutsche Post AG  DPWGn.DE : JP Morgan raises target price to EUR 33.08 from EUR 28.44
     * EDP  EDP.LS : Credit Suisse cuts target price to EUR 4.5 from EUR 5.3
     * Eiffage  FOUG.PA : Societe Generale cuts to hold from buy;cuts TP to EUR 81.7 from EUR 111.10
     * Elisa Oyj  ELISA.HE : Credit Suisse raises target price to EUR 53 from EUR 49
     * Euronext NV  ENX.PA : Citigroup raises price target to EUR 98 from EUR 87
     * Eutelsat  ETL.PA : JP Morgan cuts target price to EUR 14.50 from EUR 20
     * Handelsbanken  SHBa.ST : Citigroup raises price target to SEK 84 from SEK 83
     * Hiscox Ltd  HSX.L : Credit Suisse initiates with rating outperform and TP 950p
     * JTC Plc  JTC.L : HSBC raises target price to 505p from 460p
     * KBC Groep NV  KBC.BR : JP Morgan cuts target price to EUR 63 from EUR 66
     * Lancashire Holdings  LRE.L : Credit Suisse initiates with rating outperform and TP 750p
     * Maisons Du Monde SA  MDM.PA : Citigroup cuts price target to EUR 10 from EUR 14
     * Mondi  MNDI.L : JP Morgan cuts target price to 1500p from 1760p
     * Newriver REIT Plc  NRRT.L : Jefferies initiates with buy, 80p target price
     * NKT A/S  NKT.CO : Credit Suisse raises target price to DKK 126 from DKK 117
     * Nordea Bank Abp  NDASE.ST : Citigroup raises price target to SEK 64 from SEK 63
     * Prudential  PRU.L : Evercore ISI cuts target price to 1525p from 1600p
     * Sanne Group Plc  SNNS.L : HSBC cuts target price to 655p from 675p
     * SBM Offshore NV  SBMO.AS : HSBC cuts target price to EUR 20.3 from EUR 21
     * SEB AB  SEBa.ST : Citigroup raises price target to SEK 79 from SEK 76
     * Signature Aviation Plc  SIGSI.L : Peel Hunt cuts target price to 217p from 338p
     * Straumann Holding AG  STMN.S : JP Morgan cuts to underweight from neutral
     * Straumann Holding AG  STMN.S : JP Morgan cuts target price to CHF 549 from CHF 643
     * Suez SA  SEVI.PA : HSBC raises target price to EUR 12 from EUR 11.5
     * Sunrise Communications Group AG  SRCG.S : Credit Suisse cuts TP to CHF 90 from CHF 95
     * Tele2 AB  TEL2b.ST : Credit Suisse raises to outperform from neutral
     * Tele2 AB  TEL2b.ST : Credit Suisse raises target price to SEK 158 from SEK 137
     * Telenet Group Holding NV  TNET.BR : Berenberg initiates with hold rating and pt EUR 37.50
     * Telenor ASA  TEL.OL : Credit Suisse raises target price to NOK 162 from NOK 154
     * Telia  TELIA.ST : Credit Suisse cuts target price to SEK 28 from SEK 34
     * Ubisoft  UBIP.PA : Citigroup raises price target to EUR 85 from EUR 83
     * Wacker Neuson SE  WACGn.DE : Jefferies cuts target price to EUR 15.50 from EUR 21
     * Zurich Insurance Group AG  ZURN.S : Citigroup cuts price target to CHF 362 from CHF 403
     * Zurich Insurance Group AG  ZURN.S : JP Morgan cuts target price to CHF 370 from CHF 410
 
    

 (Compiled by Bengaluru Newsroom)
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