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Europe Research Roundup: Assa Abloy ,M&S, Outokumpu

Jan 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Assa Abloy, M&S and Outokumpu on Friday.

HIGHLIGHTS

* Assa Abloy ASSAb.ST: JP Morgan reinstates coverage with overweight rating
* Indra IDR.MC: Kepler Cheuvreux raises target price to EUR 66 from EUR 53
* M&S MKS.L: Jefferies raises target price to 440p from 400p
* Outokumpu OUT1V.HE: Jefferies raises target price to EUR 5 from EUR 4.50
* Tecan Group AG TECN.S: Bernstein raises to market-perform from underperform
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.
* Accor ACCP.PA: Barclays raises target price to EUR 53 from EUR 51
* Arkema SA AKE.PA: Kepler Cheuvreux cuts target price to EUR 59 from EUR 63
* ASML Holding NV ASML.AS: BofA Global Research raises PT to EUR 1,373 from EUR 1,205
* Assa Abloy ASSAb.ST: JP Morgan reinstates coverage with overweight rating
* Assa Abloy ASSAb.ST: JP Morgan reinstates coverage with target price SEK 435
* Assa Abloy ASSAb.ST: JP Morgan reinstates coverage with target price SEK 435
* AstraZeneca AZN.L: UBS raises target price to 16300p from 14200p
* Atlas Copco ATCOa.ST: BofA Global Research raises PT to SEK 210 from SEK 200
* Aurubis AG NAFG.DE: Kepler Cheuvreux raises target price to EUR 162 from EUR 136
* Ayvens SA AYV.PA: UBS raises target price to EUR 14.5 from EUR 13.2
* Basic-Fit NV BFIT.AS: ING raises target price to EUR 43 from EUR 35
* Bawag Group AG BAWG.VI: Kepler Cheuvreux raises PT to EUR 145 from EUR 126
* Big Yellow Group Plc BYG.L: Stifel raises target price to 1011p from 975p
* Bossard BOS.S: UBS cuts target price to CHF 150 from CHF 162
* BP BP.L: Berenberg cuts target price to 520p from 525p
* Burberry BRBY.L: BofA Global Research raises price objective to 960p from 920p
* Bystronic AG BYS.S: Kepler Cheuvreux cuts target price to CHF 300 from CHF 330
* Cellnex CLNX.MC: Jefferies cuts target price to EUR 34 from EUR 45
* Compagnie Financiere Richemont SA CFR.S: UBS raises PT to CHF 205 from CHF 196
* Cucinelli BCU.MI: BofA Global Research cuts price objective to EUR 100 from EUR 115
* Cucinelli BCU.MI: BofA Global Research cuts to neutral from buy
* Delivery Hero DHER.DE: Barclays cuts target price to EUR 36.40 from EUR 38.10
* Dunelm DNLM.L: UBS cuts target price to 1310p from 1360p
* Dunelm Group Plc DNLM.L: Jefferies cuts target price to 1,075p from 1,131p
* Dunelm Group Plc DNLM.L: Jefferies cuts target price to 1,075p from 1,131p
* Exosens Sas EXENS.PA: Bernstein raises target price to EUR 61 from EUR 54
* Fagron NV FAGRO.BR: Kepler Cheuvreux raises target price to EUR 27.5 from EUR 25.5
* Games Workshop GAW.L: Jefferies raises target price to 21,850p from 21,000p
* Gamma Communications Plc GAMA.L: Barclays cuts target price to 1,600p from 1,700p
* Geberit AG GEBN.S: Berenberg raises target price to CHF 673 from CHF 660
* Geberit AG GEBN.S: Berenberg raises target price to CHF 673 from CHF 660
* Genus GNS.L: Stifel raises target price to 2550p from 2400p
* GSK GSK.L: UBS raises target price to 1940p from 1900p
* Handelsbanken SHBa.ST: Kepler Cheuvreux raises target price to SEK 137 from SEK 121
* HBX Group International HBX.MC: Barclays cuts target price to EUR 11.30 from EUR 12.70
* Hellofresh SE HFGG.DE: Barclays cuts target price to EUR 6.60 from EUR 7
* Hermes HRMS.PA: BofA Global Research cuts price objective to EUR 2,650 from EUR 2,700
* Hornbach Holding AG & Co KGaA HBH.DE: Kepler Cheuvreux ups PT to EUR 83.8 from EUR 80
* Hugo Boss AG BOSSn.DE: BofA Global Research cuts price objective to EUR 34 from EUR 38
* Indra IDR.MC: Kepler Cheuvreux raises target price to EUR 66 from EUR 53
* Infrastrutture Wireless Italiane SpA INWT.MI: Jefferies cuts PT to EUR 8 from EUR 10.1
* Intercontinental Hotels Group Plc IHG.L: Barclays raises target price to $155 from $128
* IONOS IOSn.DE: Barclays cuts target price to EUR 39 from EUR 42
* LVMH LVMH.PA: BofA Global Research raises price objective to EUR 750 from EUR 675
* M&S MKS.L: Jefferies raises target price to 440p from 400p
* Mildef Group AB MILDEF.ST: Berenberg initiates coverage with buy rating
* Mildef Group AB MILDEF.ST: Berenberg initiates coverage with target price SEK 190
* Novartis NOVN.S: UBS raises target price to CHF 116 from CHF 102
* Novartis AG NOVN.S: BofA Global Research raises price objective to CHF 130 from CHF 117
* Novo Nordisk NOVOb.CO: Berenberg raises target price to DKK 415 from DKK 400
* Ocado OCDO.L: Barclays raises target price to 175p from 160p
* Outokumpu OUT1V.HE: Jefferies cuts to hold from buy
* Outokumpu OUT1V.HE: Jefferies raises target price to EUR 5 from EUR 4.5
* Persimmon PSN.L: Peel Hunt raises target price to 1,620p from 1,330p
* Polar Capital Holdings Plc POLR.L: RBC raises target price to 670p from 650p
* Rathbones Group RAT.L: Kepler Cheuvreux raises target price to 2411p from 2122p
* Reckitt RKT.L: Kepler Cheuvreux raises target price to 6200p from 4900p
* Redcare Pharmacy RDC.DE: Barclays cuts target price to EUR 110 from EUR 130
* Richemont CFR.S: BofA Global Research cuts to neutral from buy
* Roche ROG.S: UBS raises target price to CHF 384 from CHF 356
* Sainsbury SBRY.L: Jefferies cuts target price to 310p from 330p
* Sanofi SASY.PA: UBS cuts target price to EUR 88 from EUR 105
* Sanofi SASY.PA: UBS cuts to neutral from buy
* Savills SVS.L: Peel Hunt cuts to add from buy
* Savills SVS.L: Peel Hunt raises target price to 1,200p from 1,100p
* Schroders SDR.L: Kepler Cheuvreux raises target price to 468p from 442.6p
* Swatch Group AG UHR.S: BofA Global Research raises PT to CHF 150 from CHF 135
* Tecan Group AG TECN.S: Bernstein raises target price to CHF 156 from CHF 124.1
* Tecan Group AG TECN.S: Bernstein raises to market-perform from underperform
* Tesco TSCO.L: Jefferies cuts target price to 430p from 450p
* Tharisa Plc THST.L: Peel Hunt raises target price to 190p from 145p
* Trainline Plc TRNT.L: Barclays cuts target price to 265p from 290p
* Umicore UMI.BR: UBS raises target price to EUR 15 from EUR 12
* Vimian Group AB VIMIAN.ST: UBS cuts target price to SEK 34 from SEK 39
* Wacker Chemie WCHG.DE: UBS raises target price to EUR 84 from EUR 79
* Watches of Switzerland WOSG.L: BofA Global raises price objective to 550p from 480p
* Watches of Switzerland WOSG.L: BofA Global Research raises to buy from neutral
* Whitbread WTB.L: Barclays raises target price to 2700p from 2625p
* Whitbread Plc WTB.L: Barclays raises target price to 2,700p from 2,625p
* Wise WISEa.L: UBS cuts target price to 1240p from 1320p
Sector changes:
* European Equity Strategy: Bofa Global Research downgrades mining sector to underweight from market weight
* European Equity Strategy: Bofa Global Research upgrades insurance sector to market weight rating
* European Equity Strategy: Bofa Global Research upgrades energy sector to market weight from underweight
(Compiled by Bengaluru Newsroom) ((Diaries@thomsonreuters.com))

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