Europe Research Roundup: BHP Billiton, Novozymes, Daimler
20/01/2016 18:46
Jan 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BHP Billiton, HSBC and BMW, on Wednesday.
HIGHLIGHTS
* HSBC HSBA.L : Natixis cuts to reduce from neutral
* Novozymes NZYMb.CO : S&P Capital IQ raises to buy from hold
* Aegon NV AEGN.AS : ING raises to buy from hold
* Atlantia SpA ATL.MI : Deutsche Bank raises to buy from hold
* BMW BMWG.DE , Daimler DAIGn.F , others: Citigroup starts coverage ID:nWNAB09PJ5
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* 3I Infrastructure 3IN.L : Stifel raises to hold from sell
* AB Inbev ABI.BR : Exane BNP Paribas cuts target price to 121 euros
* AB SKF SKFb.ST : Barclays cuts target price to Sek 145 from Sek 160
* Abertis ABE.MC : Deutsche Bank cuts target price to 16.70 euros from 18.30 euros
* Acacia Mining ACAA.L : Investec cuts to hold from buy; cuts target price to 170p
* Acerinox ACX.MC : Exane BNP Paribas cuts target price to 8.5 euros
* Aegon NV AEGN.AS : ING cuts target price to 6.40 euros from 6.80 euros
* Aegon NV AEGN.AS : ING raises to buy from hold
* Aggreko Plc AGGK.L : RBC cuts target price to 850p from 1100p; rating sector perform
* Ahold NV AHLN.AS : Jefferies raises price target to 23 euros
* Ahold NV AHLN.AS : Jefferies raises to buy rating
* Aldermore Plc ALD.L : Credit Suisse raises to outperform from neutral
* Alfa Laval AB ALFA.ST : Barclays cuts target price to Sek 125 from Sek 135
* Alstom SA ALSO.PA : JP Morgan cuts price target to 27.60 euros from 30 euros; neutral
* Anglo American AAL.L : Investec cuts to sell from hold; cuts target price to 152p
* Anheuser Busch Inbev SA ABI.BR : Berenberg cuts target to 137 euros from 143 euros; buy
* Antofagasta ANTO.L : Investec cuts target price to 263p from 352p
* Aperam SA APAM.AS : Exane BNP Paribas cuts target price by 8 pct to 36 euros; outperform
* Arrow Global Group Plc ARWA.L : Goldman Sachs cuts price target to 320p from 360p
* Astaldi AST.MI : Kepler Cheuvreux cuts target price to 4.8 euros from 6 euros; hold
* Atlantia SpA ATL.MI : Deutsche Bank raises price target to 26 euros from 25.10 euros
* Atlantia SpA ATL.MI : Deutsche Bank raises to buy from hold
* Atlas Copco AB ATCOa.ST : Barclays cuts target price to Sek 235 from Sek 245
* Banca Popolare Di Milano PMII.MI : Goldman Sachs cuts target to eur 1.16 from eur 1.19
* Banco Popolare BAPO.MI : Goldman Sachs cuts target price to 14.90 euros from 16 euros
* Banco Popular Espanol POP.MC : Goldman Sachs cuts target to 3.60 euros from 4.45 euros
* Banco Santander SAN.MC : Goldman Sachs cuts price target to 5.55 euros from 6.80 euros
* Bank Handlowy BHW.WA : Goldman Sachs cuts price target to Pln 75 from Pln 85
* Bank of Piraeus BOPr.AT : Goldman Sachs cuts target price to eur 0.35 from eur 0.45
* Bank Pekao PEO.WA : Goldman Sachs cuts price target to Pln 130 from Pln 150
* Bank Zachodni BZW.WA : Goldman Sachs cuts price target to Pln 230 from Pln 240
* Bankinter SA BKT.MC : Goldman Sachs cuts price target to 6.90 euros from 7.30 euros
* Barclays Plc BARC.L : Goldman Sachs cuts price target to 320p from 335p
* Bayer BAYGn.DE : ESN/Equinet Bank raises to buy from neutral; cuts target to 120 euros
* Bayer AG BAYGn.DE : ESN Equinet Bank cuts target price to 120 euros from 134 euros
* Bayer AG BAYGn.DE : ESN Equinet Bank raises to buy from neutral
* BBVA BBVA.MC : Goldman Sachs cuts price target to 8.30 euros from 10.90 euros
* BBVA BBVA.MC : Natixis cuts target price to 6.7 euros from 8.2 euros; rating neutral
* Betsson AB BETSb.ST : Danske Bank raises target price to Sek 176 from Sek 167; rating buy
* BHP Billiton Plc BLT.L : Investec cuts target price to 581p from 943p
* BHP Billiton Plc BLT.L : Investec cuts to sell from hold
* BHP Billiton Plc BLT.L : Investec cuts to sell from hold; cuts target price to 599p
* Biotest AG BIOG.DE : Kepler Cheuvreux raises target price to 17.2 euros from 16 euros
* Biotest AG BIOG.DE : Kepler Cheuvreux raises to buy from hold
* BMW BMWG.DE : Citigroup starts with sell rating
* BNP Paribas BNPP.PA : Goldman Sachs adds to conviction list; rating buy
* BNP Paribas BNPP.PA : Goldman Sachs cuts target price to 66 euros from 70 euros
* BNP Paribas SA BNPP.PA : Morgan Stanley cuts target price to 61.90 euros from 62.8 euros
* BNP Paribas SA BNPP.PA : Natixis cuts target price to 61.7 euros from 68 euros; buy
* Boohoo.Com Plc BOOH.L : Barclays raises price target to 45p from 34p
* Boohoo.Com Plc BOOH.L : Barclays raises to overweight from equal weight
* BPER EMII.MI : Goldman Sachs cuts target to 10.70 euros from 11.10 euros
* Buzzi Unicem SpA BZU.MI : Jefferies cuts target price to 21 euros from 21.7 euros; buy
* Caixabank CABK.MC : Goldman Sachs reinstates coverage with neutral; target of 4 euros
* Caixabank SA CABK.MC : Berenberg cuts target price to 2.20 euros from 3 euros; sell
* Caixabank SA CABK.MC : Deutsche Bank cuts price target to 3.40 euros from 3.80 euros
* Caixabank SA CABK.MC : Natixis cuts target price to 3.1 euros from 3.5 euros; neutral
* Carlsberg CARLb.CO : Exane BNP Paribas cuts target price to Dkk 655
* Centamin CEY.L : Investec raises to buy from hold; raises target price to 76p
* Central Asia Metals CAML.L : Investec cuts target price to 113p from 131p
* Chr Hansen Holding A/S CHRH.CO : Credit Suisse raises target to Dkk 420; rating neutral
* Clinigen Group Plc CLINC.L : RBC cuts target price to 750p from 770p; rating outperform
* Cobham Plc COB.L : Berenberg cuts target price to 245p from 260p
* Collagen Solutions Plc COSS.L : Panmure cuts target price to 10.0p from 18.0p; rating buy
* Commerzbank CBKG.DE : ESN/Equinet Bank cuts target to 12 euros from 13 euros; rating buy
* Compass Group Plc CPG.L : UBS raises price target to 1200p from 1160p; rating neutral
* Continental AG CONG.DE : Nomura raises target to 205.90 euros from 184 euros; neutral
* Cranswick Plc CWK.L : HSBC raises target price to 2110p from 1885p; rating buy
* Credit Agricole CAGR.PA : Goldman Sachs raises to neutral from sell
* Credit Agricole SA CAGR.PA : Natixis cuts target price to 13.5 euros from 14 euros; buy
* CVS Group Plc CVSG.L : Peel Hunt raises target price to 850p from 775p; rating buy
* Daimler DAIGn.DE : ESN/Equinet Bank cuts target price to 98 euros from 108 euros; buy
* Daimler DAIGn.F : Citigroup starts with a buy rating
* Danske Bank DANSKE.CO : Goldman Sachs raises price target to Dkk 225 from Dkk 215
* Danske Bank A/S DANSKE.CO : Nomura cuts target price to Dkk 219 from Dkk 224; rating buy
* Delhaize DELB.BR : Jefferies raises price target to 109 euros; rating buy
* Deutsche Bank DBKGn.DE : Goldman Sachs cuts target to 29.20 euros from 33 euros; neutral
* Diageo Plc DGE.L : Exane BNP Paribas raises target price to 2,000p
* DNB DNB.OL : Goldman Sachs cuts price target to Nok 135 from Nok 139
* DNB : Nomura cuts target price to Nok 118 from Nok 121; rating neutral
* EFG International AG EFGN.S : Goldman Sachs cuts price target to Sfr 11.60 from Sfr 11.80
* Electricite De France EDF.PA : RBC cuts target to 11 euros from 15 euros; underperform
* Electrolux AB ELUXb.ST : UBS raises target price to Sek 215 from Sek 205
* Electrolux AB ELUXb.ST : UBS raises to buy from sell
* Engie SA ENGIE.PA : Citigroup cuts price target to 16 euros from 18.5 euros
* Eos Imaging SA EOSI.PA : Kepler Cheuvreux cuts target price to 3.8 euros from 6.4 euros
* Eos Imaging SA EOSI.PA : Kepler Cheuvreux cuts to hold from buy
* Erste ERST.VI : Goldman Sachs cuts to neutral from conviction list-buy
* Eurobank Ergasias EURBr.AT : Goldman Sachs cuts target price to eur 1.40 from eur 1.45
* Euskaltel SA EKTL.MC : Citigroup starts with buy rating; target price of 13 euros
* Fairpoint Group Plc FRPG.L : Panmure starts with buy rating; 200p target price
* Faurecia SA EPED.PA : Nomura raises target price to 40.90 euros from 27 euros
* Faurecia SA EPED.PA : Nomura raises to buy from reduce
* Ferrari RACE.MI : Citigroup starts with neutral rating
* Ferrexpo Plc FXPO.L : Investec cuts to sell from hold; cuts target price to 16p
* Fielmann AG FIEG.DE : Commerzbank raises target price to 73 euros from 46 euros
* Fielmann AG FIEG.DE : Commerzbank raises to buy from hold
* Fiat Chrysler Automobiles NV FCHA.MI : Citigroup starts with neutral rating
* Fresenius FREG.DE : Independent Research raises to buy from hold
* G4S Plc GFS.L : RBC cuts target price to 190p from 210p; rating underperform
* GCP Infrastructure Investments Ltd GCPI.L : Stifel resumes with buy
* GEA Group AG G1AG.DE : UBS raises price target to 32 euros from 31 euros; rating sell
* Gemfields GEM.L : Investec raises target price to 71p from 67p
* Glencore GLEN.L : Investec cuts target price to 64p from 77p
* Heidelbergcement AG HEIG.DE : Jefferies cuts target price to 81 euros from 82 euros; buy
* Heineken HEIN.AS : Exane BNP Paribas raises target price to 77 euros
* Hicl Infrastructure Company Ltd HICL.L : Stifel raises to buy from sell
* Hill & Smith HILS.L : Panmure raises target price to 850p from 716p; rating buy
* Hill & Smith HILS.L : Panmure raises to buy rating
* Howden Joinery Group HWDN.L : N+1 Singer cuts to hold from buy; cuts target price to 490p
* HSBC HSBA.L : Natixis cuts target price to 433p from 487p
* HSBC HSBA.L : Natixis cuts to reduce from neutral
* Idea Bank SA IDE.WA : Goldman Sachs cuts price target to Pln 28 from Pln 29
* Informa INF.L : Peel Hunt raises to add from hold; raises target price to 650p from 550p
* ING ING.AS : Goldman Sachs raises target to 15 euros from 14.80 euros; rating neutral
* ING ING.AS : Natixis cuts target price to 14 euros from 16.3 euros; rating buy
* Intesa Sanpaolo ISP.MI : Goldman Sachs cuts target to 3.71 euros from 3.77 euros;neutral
* Intesa Sanpaolo ISP.MI : Natixis cuts target price to 3.1 euros from 3.4 euros
* Intralot INLr.AT : ESN/Investment Bank of Greece cuts target price to 1.40 euros
* Intralot INLr.AT : ESN/Investment Bank of Greece cuts to neutral from buy
* Ithaca Energy Inc IAE.L : Peel Hunt cuts target price to 58p from 59p; rating buy
* J D Wetherspoon JDW.L : Peel Hunt cuts target price to 616p from 700p; rating sell
* J D Wetherspoon Plc JDW.L : Canaccord Genuity cuts target price to 600p from 720p; hold
* J D Wetherspoon Plc JDW.L : Deutsche Bank cuts price target to 620p from 685p
* J D Wetherspoon Plc JDW.L : Investec cuts target price to 760p from 800p; rating add
* J Sainsbury Plc SBRY.L : Stifel cuts to hold from buy
* JLT Group JLT.L : JP Morgan cuts price target to 925p from 1,150p
* JLT Group JLT.L : JP Morgan cuts to neutral from overweight
* Julius Baer BAER.VX : Natixis cuts target price to Sfr 46 from Sfr 48.5
* Julius Baer Group BAER.VX : Citigroup cuts target price to Sfr 45 from Sfr 51.5; neutral
* Julius Baer Group BAER.VX : Goldman Sachs cuts to neutral from conviction list-buy
* Jumbo BABr.AT : ESN/Investment Bank Of Greece raises to buy from accumulate
* Jumbo BABr.AT : ESN/Investment Bank of Greece raises target to 11.80 euros
* K&S AG SDFGn.DE : HSBC cuts target price to 21.5 euros from 25 euros; rating hold
* K3 Business KBT.L : Finncap raises target price to 435p
* KBC KBC.BR : Goldman Sachs raises target price to 64 euros from 60 euros; rating neutral
* Kering PRTP.PA : Bryan Garnier raises to buy from neutral
* Kering SA PRTP.PA : Natixis cuts target price to 156 euros from 163 euros
* Komax Holding AG KOMN.S : Vontobel raises target price to Sfr 235 from Sfr 190; buy
* Komercni Banka BKOM.PR : Goldman Sachs cuts to neutral from buy
* Komercni Banka BKOM.PR : Goldman Sachs raises price target to Czk 6,600 from Czk 6,500
* Lancashire Holdings LRE.L : Stockdale raises to add from neutral
* Lanxess LXSG.DE : DZ Bank cuts target price to 40.00 euros from 50.00 euros; rating
hold
* Liberbank SA LBK.MC : Deutsche Bank raises price target to 1.80 euros from 0.60 eur
* Logista LOG.MC : Exane BNP Paribas raises target to 21.5 euros from 20 euros; outperform
* Lonmin LMI.L : Investec cuts to sell from hold
* Luxottica LUX.MI : JP Morgan raises price target to 60 euros from 58 euros; neutral
* Marks and Spencer MKS.L : Barclays cuts price target to 480p from 500p; equal weight
* mBank SA MBK.WA : Goldman Sachs cuts price target to Pln 300 from Pln 327
* Medicalgorithmics SA MDG.WA : ING starts with buy; Pln 256 target price
* Metso MEO1V.HE : Barclays cuts target price to 17 euros from 19 euros
* Mitchells & Butlers Plc MAB.L : Deutsche Bank raises to buy from hold
* Morgan Advanced Materials MGAMM.L : Panmure cuts target to 197p from 275p; rating sell
* Mycronic Publ AB MYCR.ST : Danske Bank raises raises target price to Sek 90; rating buy
* Natixis SA CNAT.PA : Goldman Sachs cuts target price to 5.30 euros from 5.70 euros
* Natixis SA CNAT.PA : Goldman Sachs raises to neutral from sell
* Next Plc NXT.L : Barclays cuts price target to 8400p from 9000p; rating overweight
* NN Group NV NN.AS : Morgan Stanley assumes with overweight; target price 37 euros
* Novo Nordisk NOVOb.CO : Nordea Equity Research cuts target to Dkk 500 from Dkk 505; buy
* Novozymes NZYMb.CO : Alm Brand Markets cuts target price to Dkk 270 from Dkk 290
* Novozymes NZYMb.CO : Alm Brand Markets raises to neutral from sell
* Novozymes NZYMb.CO : Danske Bank cuts target price to Dkk 270 from Dkk 300
* Novozymes NZYMb.CO : Danske Bank raises to hold from sell
* Novozymes NZYMb.CO : Nordea Equity Research cuts target to Dkk 285 from Dkk 320; hold
* Novozymes NZYMb.CO : S&P Capital IQ cuts target price to Dkk 300 from Dkk 330
* Novozymes NZYMb.CO : S&P Capital IQ raises to buy from hold
* Novozymes NZYMb.CO : Credit Suisse cuts price target to Dkk 255; underperform
* Novozymes NZYMb.CO : Goldman Sachs raises to neutral from sell
* Novozymes NZYMb.CO : Goldman Sachs removes from Pan-Europe sell list
* Novozymes NZYMb.CO : Jyske Bank cuts target price to Dkk 275 from Dkk 320; rating reduce
* Numericable Sfr SA NUME.PA : Credit Suisse cuts target price to 43 euros; outperform
* Onesavings Bank Plc OSBO.L : Credit Suisse starts with underperform; target price 315p
* OTP Bank OTPB.BU : Goldman Sachs raises target to Huf 7000 from Huf 6200; rating neutral
* Outokumpu Oyj OUT1V.HE : Exane BNP Paribas cuts target price to 2.20 euros; neutral
* Pan African Resources Plc PAFR.L : HSBC raises target price to 12p from 11p; rating buy
* Pandox AB PANDXb.ST : Morgan Stanley cuts to equal weight
* Pandox AB PANDXb.ST : Morgan Stanley raises target price to Sek 145 from Sek 135
* Pearson Plc PSON.L : Panmure cuts target price to 760p from 1475p; rating hold
* Pernod Ricard SA PERP.PA : Exane BNP Paribas raises target price to 108 euros
* Petra Diamonds Ltd PDL.L : Investec raises target price to 150p from 118p
* Peugeot SA PEUP.PA : Nomura cuts target price to 15.80 euros from 16 euros; neutral
* Peugeot SA PEUP.PA : Citigroup starts with sell rating
* PKO Bank Polski PKO.WA : Goldman Sachs cuts price target to Pln 27 from Pln 30
* Provident Financial PFG.L : Goldman Sachs cuts price target to 3,330p from 3,370p
* Qiagen NV QGEN.DE : Berenberg cuts target price to 25 euros from 26 euros; rating buy
* Qinetiq Group Plc QQ.L : Berenberg cuts target price to 210p from 230p
* Qinetiq Group Plc QQ.L : Berenberg cuts to sell from hold
* Raiffeisen Bank RBIV.VI : Goldman Sachs ups target to 16 euros from 14.75 euros; neutral
* Randgold Resources RRS.L : Investec raises target price to 4,608p from 4,187p
* Redt Energy RED.L : Finncap revises target price to 14.0p from 14.5p
* Remy Cointreau SA RCOP.PA : Exane BNP Paribas cuts target price to 60 euros
* Renault RENA.PA : Nomura cuts target price to 106.20 euros from 109 euros; rating buy
* Renault RENA.PA : Citigroup starts with a buy rating
* Rio Tinto RIO.L : Investec cuts target price to 1,859p from 2,330p
* Rio Tinto Plc RIO.L : Goldman Sachs cuts price target to 1,650p from 1,700p
* Rio Tinto Plc RIO.L : JP Morgan cuts price target to 1,700p from 1,750p; overweight
* Rockwool Intl A/S ROCKb.CO : Handelsbanken Capital Markets ups to buy; target Dkk 1,200
* Royal Mail Plc RMG.L : Deutsche Bank raises target price to 435p from 400p; rating hold
* Saint Gobain SGOB.PA : Bryan Garnier raises to buy from neutral
* Sandvik AB SAND.ST : Barclays cuts target price to Sek 62 from Sek 69
* Santander SAN.MC : Natixis cuts target price to 3.5 euros from 4.8 euros
* Santander SAN.MC : Natixis cuts to reduce from neutral
* Scapa Group Plc SCPA.L : Berenberg starts with buy; 260p target price
* Schoeller Bleckmann SBOE.VI : Deutsche Bank cuts price target to 48 euros from 50 euros
* Schoeller Bleckmann SBOE.VI : Natixis cuts target price to 48.6 euros from 52.9 euros
* Schoeller Bleckmann Oilfield Equipment AG SBOE.VI : Helvea Baader cuts target to 46 euros
* Schoeller Bleckmann Oilfield Equipment AG SBOE.VI : Helvea Baader cuts to hold from buy
* SDL SDL.L : Peel Hunt raises target price to 495p from 400p
* SDL SDL.L : Peel Hunt raises to buy from hold
* SDL Plc SDL.L : Canaccord Genuity raises price target to 400p from 390p
* SDL Plc SDL.L : Citigroup raises price target to 500p from 380p
* SDL Plc SDL.L : Citigroup raises to buy from neutral
* SEB SEBa.ST : Goldman Sachs raises price target to Sek 105 from Sek 104
* SEB SEBa.ST : Nomura cuts target price to Sek 108 from Sek 110; rating buy
* SEB SEBF.PA : Exane BNP Paribas cuts target price to 89 euros; rating neutral
* Shawbrook SHAW.L : Goldman Sachs cuts price target to 370p from 400p
* Shawbrook Group Plc SHAW.L : Credit Suisse starts with outperform; target price 410p
* Sierra Rutile SRXR.L : Investec cuts target price to 22p from 25p
* Smiths Group Plc SMIN.L : Panmure cuts target price to 800p from 850p; rating sell
* Societe Generale SOGN.PA : Goldman Sachs cuts target to 49 euros from 50 euros; neutral
* Societe Generale SOGN.PA : Natixis cuts target price to 42 euros from 48.7 euros
* Software AG SOWG.DE : Bryan Garnier raises fair value to 34 euros from 33 euros; buy
* Software AG SOWG.DE : Credit Suisse raises target to 27 euros from 23 euros; underperform
* Software AG SOWG.DE : SocGen raises target price to 27.1 euros from 20 euros; rating sell
* Standard Chartered Plc STAN.L : Goldman Sachs cuts price target to 790p from 840p
* Standard Life Plc SL.L : JP Morgan cuts target price to 465p from 477p; rating overweight
* Supersonic Imagine SSI.PA : SocGen cuts target price to 3.10 euros; rating buy
* Svenska Handelsbanken SHBa.ST : Goldman Sachs raises price target to Sek 130 from Sek 128
* Swedbank AB SWEDa.ST : Nomura cuts target price to Sek 221 from Sek 229; rating buy
* Sweco SWECb.ST : Carnegie raises to buy from hold
* Synthomer Plc SYNTS.L : Credit Suisse starts with underperform rating and target of 260p
* Tag Immobilien AG TEGG.DE : Barclays cuts price target to 9.80 euros from 11.30 euros
* Tag Immobilien AG TEGG.DE : Barclays cuts to underweight from equal weight
* Telefonica Deutschland O2Dn.DE : Barclays cuts target price to 5.80 euros; equal weight
* Turk Telekom TTKOM.IS : Citigroup cuts target price to Tl 5.30 from Tl 5.80; neutral
* UBI Banca UBI.MI : Goldman Sachs cuts target to 7.70 euros from 8.20 euros; neutral
* UBS UBSG.VX : Natixis cuts target price to Sfr 18.5 from Sfr 20
* Ultra Electronics ULE.L : Berenberg raises target price to 2,100p from 1,900p
* Ultra Electronics ULE.L : Berenberg raises to buy from hold
* UniCredit CRDI.MI : Goldman Sachs cuts target to 6.50 euros from 6.80 euros; neutral
* Unicredit CRDI.MI : Natixis cuts target price to 6.7 euros from 7.2 euros
* Unilever NV UNc.AS : Berenberg raises price target to 45 euros from 43.50 euros
* Unilever NV UNc.AS : SocGen cuts target price to 40 euros from 44 euros; rating hold
* Unilever Plc ULVR.L : Berenberg raises price target to 3400p from 3200p
* Unilever Plc ULVR.L : Deutsche Bank raises price target to 3350p from 3250p; rating buy
* Unilever NV UNc.AS : Independent Research maintains hold
* Unilever NV UNc.AS : Independent Research cuts target price to 42 euros from 43 euros
* Uniqa Insurance UNIQ.VI : JP Morgan cuts target price to 7.1 euros from 8.30 euros
* Uniqa Insurance UNIQ.VI : UBS cuts target to 6.90 euros from 8.60 euros; rating neutral
* Valeo SA VLOF.PA : Nomura raises target price to 130.60 euros from 114 euros; neutral
* Vesuvius Plc VSVS.L : Panmure raises target price to 330p from 270p
* Vesuvius Plc VSVS.L : Panmure raises to buy rating
* Virgin Money VM.L : Goldman Sachs cuts price target to 410p from 450p
* Virgin Money Holdings Plc VM.L : Credit Suisse starts with neutral; target price 385p
* Vivendi SA VIV.PA : Nomura cuts target price to 20.40 euros from 20.70 euros; neutral
* Volkswagen Vowg.De VOWG_p.DE : Citigroup starts with buy rating; 163 euros price target
* Weir Group Plc WEIR.L : Barclays cuts target price to 1000p from 1150p
* Wereldhave NV WEHA.AS : HSBC cuts target price to 54 euros from 65 euros; rating hold
* WH Smith SMWH.L : Barclays raises target price to 1605p from 1563p; rating equal weight
* WH Smith SMWH.L : Cantor Fitzgerald raises target price to 1600p from 1550p; rating hold
* WH Smith SMWH.L : Peel Hunt raises price target to 1,800p from 1,680p
* WH Smith SMWH.L : Peel Hunt raises to buy from add
* Zurich Insurance Group AG ZURN.VX : UBS cuts target price to Sfr 231 from Sfr 300
* Zurich Insurance Group AG ZURN.VX : UBS cuts to neutral from buy
* Zurich Insurance Group AG ZURN.VX : Vontobel cuts target price to Sfr 240; rating hold
* Zurich Insurance Group AG ZURN.VX : DZ Bank cuts target price to Chf 210.00; rating sell
* Zurich Insurance Group AG ZURN.VX : Jefferies cuts target price to Sfr 239; rating hold
SECTOR CHANGES
* European Autos: Nomura cuts sector view to neutral from bullish ID:nWNAB09PBG
* European General Retail Sector: Barclays upgrades to neutral from negative ID:nWNAB09PBB
(Compiled by Eileen Soreng in Bengaluru)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/