Europe Research Roundup: Covivio, Hammerson, Immofinanz

Maisons du Monde SA

16/10/2019 09:03

Oct 16 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Covivio, Hammerson and Immofinanz on Wednesday. 
    
  HIGHLIGHTS   
     * Covivio SA  CVO.PA : SocGen raises to buy from hold
     * Hammerson Plc  HMSO.L : RBC cuts to sector perform from outperform
     * Immofinanz AG  IMFI.VI : SocGen cuts to sell from hold
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
     * Ashmore Group Plc  ASHM.L : Credit Suisse raises target price to 440p from 410p
     * Ashmore Group Plc  ASHM.L : JP Morgan raises target price to 470p from 450p
     * Beiersdorf AG  BEIG.DE : Berenberg re-initiates with sell rating and PT of EUR 97
     * Bodycote Plc  BOY.L : Liberum cuts target price to 700p from 740p
     * Bouygues  BOUY.PA : JP Morgan raises target price to EUR 43 from EUR 42.5
     * Covivio SA  CVO.PA : SocGen raises target price to EUR 110 from EUR 95
     * Covivio SA  CVO.PA : SocGen raises to buy from hold
     * Engie SA  ENGIE.PA : Credit Suisse initiates with neutral rating and EUR 15.3 PT
     * Hammerson Plc  HMSO.L : RBC cuts to sector perform from outperform
     * Hunting Plc  HTG.L : RBC cuts target price to 650p from 800p
     * Immofinanz AG  IMFI.VI : SocGen cuts to sell from hold
     * Immofinanz AG  IMFI.VI : SocGen raises target price to EUR 23 from EUR 22
     * Jyske Bank  JYSK.CO : Citigroup cuts price target to DKK 253 from DKK 257
     * Klepierre  LOIM.PA : RBC initiates coverage with outperform rating; EUR 41 price target
     * LVMH  LVMH.PA : RBC raises target price to EUR 415 from EUR 400
     * Maisons Du Monde SA  MDM.PA : Citigroup cuts price target to EUR 25 from EUR 26
     * Salvatore Ferragamo SpA  SFER.MI : RBC cuts target price to EUR 17 from EUR 19
     * Telecom Italia (Savings)  TLITn.MI : JP Morgan raises PT to EUR 0.74 from EUR 0.69
     * Telecom Italia  TLIT.MI : JP Morgan cuts target price to EUR 0.67 from EUR 0.69
     * Tritax Big Box REIT Plc  BBOXT.L : Peel Hunt initiates with 150p target price
     * Tritax Big Box REIT Plc  BBOXT.L : Peel Hunt initiates with hold rating 
     * Vesuvius Plc  VSVS.L : JP Morgan establishes Dec 2020 PT of 593p vs Dec 2019 PT of 683p
     * WFD Unibail Rodamco NV  URW.AS : RBC initiates with EUR 140 price target
     * WFD Unibail Rodamco NV  URW.AS : RBC initiates with sector perform rating 
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))