Europe Research Roundup: Colonial, Glanbia, MTU Aero Engines, Tesco

MBB SE

06/03/2018 07:00

March 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Colonial, Glanbia, MTU Aero Engines and Tesco, on Tuesday. 
    
    HIGHLIGHTS
     * Colonial  COL.MC : Morgan Stanley resumes coverage with overweight rating
     * Glanbia Plc  GL9.I : Jefferies cuts to hold from buy
     * MTU Aero Engines AG  MTXGn.DE : Berenberg raises to buy from hold‍​
     * Tesco Plc  TSCO.L : Barclays reinstates with overweight rating; 255p price target
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
    

     * Billerudkorsnas AB  BILL.ST : Jefferies cuts target price to SEK 127; rating hold‍​
     * Cellnex Telecom SA  CLNX.MC : RBC raises target price to EUR 26 from EUR 25
     * Colonial  COL.MC : Morgan Stanley resumes coverage with overweight rating
     * Colonial  COL.MC : Morgan Stanley resumes coverage with EUR 10.50 price target
     * De' Longhi SpA  DLG.MI : Berenberg raises to buy from hold‍​
     * Deutsche Telekom AG  DTEGn.DE : Morgan Stanley raises to overweight from equal weight
     * Faurecia  EPED.PA : Morgan Stanley raises target price to EUR 55 from EUR 53
     * Glanbia Plc  GL9.I : Jefferies cuts target price to EUR 15.15 from EUR 16.40
     * Glanbia Plc  GL9.I : Jefferies cuts to hold from buy
     * Hays Plc  HAYS.L : Liberum raises target price to 215p from 195p; rating buy‍​
     * Kuehne Und Nagel Intl  KNIN.S : RBC cuts target to SFR 160 from SFR 185; sector perform ‍​
     * Mbb SE  MBBG.DE : Berenberg raises target price to 122 euros from 110 euors; rating buy‍​
     * Mondi Plc  MNDI.L : Deutsche Bank raises target price to 2,300p from 2,200p
     * MTU Aero Engines AG  MTXGn.DE : Berenberg cuts target price to 155 euros from 157 euros
     * MTU Aero Engines AG  MTXGn.DE : Berenberg raises to buy from hold‍​
     * National Express Group Plc  NEX.L : Liberum raises target price to 420p from 390p; buy‍​
     * Pennon Group Plc  PNN.L : Morgan Stanley cuts target price to 790p from 890p
     * Petrofac Ltd  PFC.L : Jefferies raises to buy from hold
     * Provident Financial Plc  PFG.L : Jefferies raises target price to 1077p from 915p
     * SCA AB  SCAb.ST : Jefferies raises target price to SEK 84; rating hold
     * Severn Trent Plc  SVT.L : Morgan Stanley cuts target price to 2130p from 2360p
     * Stora Enso Oyj  STERV.HE : Jefferies raises target price to EUR 16.50; rating buy
     * Tesco Plc  TSCO.L : Barclays reinstates with overweight rating; 255p price target
     * Travis Perkins Plc  TPK.L : Jefferies cuts target price to 1380p from 1800p
     * Travis Perkins Plc  TPK.L : Jefferies cuts to hold from buy‍​
     * Unibail-Rodamco  UNBP.AS : Berenberg cuts target price to 245 euros from 275 euors; buy‍​
     * United Utilities Group Plc  UU.L : Morgan Stanley cuts target price to 735p from 840p
    
    

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