Europe Research Roundup: BMW, GB Group, Volkswagen
21/01/2020 07:31
Jan 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BMW, GB Group and Volkswagen on Tuesday.
HIGHLIGHTS
* BMW BMWG.DE : Jefferies raises target price to EUR 75 from EUR 70
* GB Group Plc GBGP.L : Jefferies cuts to hold from buy
* Manolete Partners Plc MANO.L : Peel Hunt raises to buy from add
* Spire Healthcare Group Plc SPI.L : Jefferies cuts to underperform from hold
* Volkswagen VOWG_p.DE : Jefferies raises target price to EUR 175 from EUR 155
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* ArcelorMittal SA MT.AS : JP Morgan raises target price to EUR 19 from EUR 18.5
* Ashtead Group Plc AHT.L : Liberum raises target price to 2675p from 2616p
* Associated British Foods Plc ABF.L : RBC raises price target to 2850p from 2800p
* Avast Plc AVST.L : Jefferies raises price target to 627p from 453p
* BAE Systems Plc BAES.L : JP Morgan raises target price to 730p from 715p
* BMW BMWG.DE : Jefferies raises target price to EUR 75 from EUR 70
* Camurus AB CAMX.ST : Jefferies raises price target to SEK 141 from SEK 120.40
* CD Projekt SA CDR.WA : Jefferies cuts to hold from buy
* CD Projekt SA CDR.WA : Jefferies raises price target to PLN 311 from PLN 250
* Coloplast COLOb.CO : Jefferies raises price target to DKK 800 from DKK 630
* Continental AG CONG.DE : Jefferies cuts target price to EUR 124 from EUR 133
* Convatec Group Plc CTEC.L : Jefferies raises price target to 250p from 220p
* Dechra Pharmaceuticals Plc DPH.L : Jefferies cuts price target to 2930p from 3090p
* DP Aircraft I Ltd DPAD.L : Jefferies raises to buy from hold
* Elekta AB EKTAb.ST : Jefferies cuts price target to SEK 117 from SEK 124
* Elementis Plc ELM.L : Jefferies cuts price target to 153p from 190p
* Fevertree Drinks Plc FEVR.L : Citigroup cuts price target to 1650p from 2250p
* Fevertree Drinks Plc FEVR.L : Jefferies cuts price target to 1500p from 2300p
* Fevertree Drinks Plc FEVR.L : JP Morgan cuts to neutral from overweight
* Fevertree Drinks Plc FEVR.L : JP Morgan cuts price target to 1,500p from 2,400p
* FMC AG FMEG.DE : Jefferies raises to buy rating; raises target to EUR 80 from EUR 69
* GB Group Plc GBGP.L : Jefferies cuts to hold from buy
* Georgia Healthcare Group Plc GHGG.L : Jefferies cuts price target to 135p from 185p
* GN Store Nord GN.CO : Jefferies raises price target to DKK 280 from DKK 250
* Grafton Group Plc GFTU_u.L : Liberum raises target price to 880p from 865p
* Hannover Rueck SE HNRGn.DE : RBC raises price target to EUR 170 from EUR 150
* Hikma Pharmaceuticals Plc HIK.L : Jefferies cuts price target to 2240p from 2310p
* Howden Joinery Group Plc HWDN.L : Liberum raises target price to 680p from 660p
* IBA IBAB.BR : Jefferies cuts to underperform from hold
* IBA IBAB.BR : Jefferies cuts target price to EUR 10.80 from EUR 14
* Iliad ILD.PA : JP Morgan raises target price to EUR 155 from EUR 150
* Indivior Plc INDV.L : Jefferies cuts price target to 39p from 65p
* Julius Baer Gruppe AG BAER.S : Citigroup raises price target to CHF 51 from CHF 49
* Lancashire Holdings Ltd LRE.L : JP Morgan cuts price target to 695p from 700p
* Manolete Partners Plc MANO.L : Peel Hunt raises to buy from add
* Marel MAREL.AS : Citigroup cuts price target to EUR 5.1 from EUR 5.5
* Mediclinic International Plc MDCM.L : Jefferies raises price target to 482p from 457p
* Medicover AB MCOVb.ST : Jefferies cuts price target to SEK 112 from SEK 113
* Munich Re MUVGn.DE : RBC raises price target to EUR 290 from EUR 265
* NMC Health Plc NMC.L : Jefferies cuts price target to 1300p from 1925p
* Novo Nordisk NOVOb.CO : Citigroup raises price target to DKK 465 from DKK 430
* Novozymes NZYMb.CO : Credit Suisse raises price target to DKK 340 from DKK 318
* Outokumpu Oyj OUT1V.HE : Inderes raises target price to EUR 3.0 from EUR 2.6; reduce
* Outokumpu Oyj OUT1V.HE : JP Morgan raises target price to EUR 2.3 from EUR 2
* Recipharm AB (Publ) RECIb.ST : Jefferies raises price target to SEK 139 from SEK 117
* Recordati RECI.MI : Jefferies reinstates with buy rating and EUR 46.5 price target
* Scapa Group Plc SCPA.L : Jefferies raises target price to 320p from 300p
* Scor SCOR.PA : RBC raises price target to EUR 41 from EUR 39
* Smith & Nephew Plc SN.L : Jefferies cuts target price to 2160p from 2200p
* Softcat Plc SCTS.L : Jefferies raises target price to 1,440p from 1,300p
* Spire Healthcare Group Plc SPI.L : Jefferies cuts to underperform from hold
* Spire Healthcare Group Plc SPI.L : Jefferies raises price target to 113p from 106p
* SSAB AB SSABa.ST : JP Morgan cuts target price to SEK 37 from SEK 37.5
* SSAB AB SSABb.ST : JP Morgan cuts target price to SEK 31 from SEK 32
* Standard Life Aberdeen Plc SLA.L : RBC raises price target to 265p from 250p
* Straumann Holding AG STMN.S : Jefferies raises target price to CHF 1140 from CHF 970
* Swiss Re AG SRENH.S : RBC raises price target to CHF 118 from CHF 109
* Terveystalo Oyj TTALO.HE : Jefferies raises target price to EUR 12.4 from EUR 9.7
* Travis Perkins Plc TPK.L : Liberum raises target price to 1800p from 1750p
* UDG Healthcare Plc UDG.L : Jefferies raises target price to 735p from 620p
* Ultra Electronics Holdings Plc ULE.L : Credit Suisse raises target to 2600p from 2250p
* Virbac SA VIRB.PA : Jefferies raises target price to EUR 256 from EUR 248
* Volkswagen VOWG_p.DE : Jefferies raises target price to EUR 175 from EUR 155
* Whitbread Plc WTB.L : Citigroup raises price target to 4470p from 4400p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))