Europe Research Roundup: Aroundtown SA, Deutsche Wohnen SE, Novartis AG
01/09/2020 08:12
Sept 1 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aroundtown SA, Deutsche Wohnen SE and Novartis AG on Tuesday.
HIGHLIGHTS
* Aroundtown SA AT1.DE : Goldman Sachs cuts to neutral from buy
* Deutsche Wohnen SE DWNG.DE : Goldman Sachs cuts to sell from neutral
* Hargreaves Lansdown HRGV.L : Jefferies raises to hold from underperform
* Mercialys SA MERY.PA : Goldman Sachs raises to neutral from sell
* Novartis AG NOVN.S : Morgan Stanley raises to overweight from equal-weight
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Aj Bell AJBA.L : Jefferies starts with underperform rating; target price 280p
* Aroundtown SA AT1.DE : Goldman Sachs cuts to neutral from buy
* Aurubis AG NAFG.DE : Morgan Stanley raises target price to EUR 54 from EUR 50
* Bankia BKIA.MC : Jefferies raises target price to EUR 1.35 from EUR 1.15
* Bankinter SA BKT.MC : Jefferies raises target price to EUR 4.40 from EUR 4
* BBVA BBVA.MC : Jefferies cuts target price to EUR 2.50 from EUR 2.75
* BCP BCP.LS : Jefferies cuts to hold from buy; cuts target price to EUR 0.11 from EUR 0.12
* Caixabank CABK.MC : Jefferies raises target price to EUR 2.30 from EUR 2.10
* Campari CPRI.MI :JP Morgan ups to overweight from underweight;ups PT to EUR 10 from EUR 6
* Deutsche Telekom AG DTEGn.F : Credit Suisse raises target price to EUR 18 from EUR 17
* Deutsche Wohnen SE DWNG.DE : Goldman Sachs cuts to sell from neutral
* Dunelm Group Plc DNLM.L : Peel Hunt raises target price to 1,600p from 1,400p
* Endomines AB (PUBL) : Inderes cuts target price to EUR 5.30 from EUR 6.35; reduce
* Enel Russia ENRU.MM : Renaissance Capital Increases PT to RUB 1.09; maintains buy
* Evotec SE EVTG.DE : Citigroup raises target price to EUR 380 from EUR 310
* Federal Grid Company FEES.MM : Renaissance Capital Increases PT to RUB 0.203; maintains hold
* Frontier Developments Plc FDEV.L : Stifel raises target price to 2,640p from 2,400p
* Glanbia GL9.I : Credit Suisse initiates at outperform rating with target price EUR 11.4
* Gsk GSK.L : Morgan Stanley cuts target price to 1700p from 1725p
* Hargreaves Lansdown HRGV.L : Jefferies raises to hold from underperform
* Hellofresh SE HFGG.DE : JP Morgan cuts price target to EUR 37 from EUR 40
* Inter IRAO.MM : Renaissance Capital Decreases PT to RUB 8.50 from RUB 8.97; maintains buy
* Intesa Sanpaolo SpA ISP.MI : Jefferies raises target price to EUR 2.15 from EUR 2.10
* Ipsen SA IPN.PA : Morgan Stanley raises target price to EUR 101 from EUR 90
* Koninklijke Philips NV PHG.AS : Citigroup cuts target price to EUR 49 from EUR 53
* Liberbank SA LBK.MC : Jefferies raises target price to EUR 0.21 from EUR 0.18
* Lokn Store Group Plc LOK.L : Peel Hunt initiates with add rating; target price of 650p
* Loudspring LOUD.HE : Inderes raises target price to EUR 0.36 from EUR 0.32; reduce
* Mercialys SA MERY.PA : Goldman Sachs raises to neutral from sell
* Mosenergo MSNG.MM : Renaissance Capital Increases PT to RUB 1.97; maintains hold
* Novartis AG NOVN.S : Morgan Stanley raises to overweight from equal-weight
* Novartis AG NOVN.S : Morgan Stanley raises target price to CHF 101 from CHF 93
* OC Oerlikon Corporation AG Pfaeffikon OERL.S : Credit Suisse raises PT to CHF 9.20
* Ogk-2 OGKB.MM : Renaissance Capital Increases PT to RUB 0.86 from RUB 0.84; maintains buy
* Orange SA ORAN.PA : Morgan Stanley cuts target price to EUR 11 from EUR 12
* Oxford Biomedica Plc OXB.L : RBC raises target price to 1050p from 1000p
* Phoenix PHNX.L : Deutsche Bank raises target price to 740p from 690p
* Rolls Royce RR.L : Credit Suisse cuts target price to 200p from 210p
* Rosseti RSTI.MM : Renaissance Capital Decreases PT to RUB 1.26; maintains sell
* RSA Insurance RSA.L : Deutsche Bank raises target price to 530p from 525p
* Sabadell SABE.MC : Jefferies cuts to underperform from hold; cuts PT to EUR 0.29
* Smiths Group SMIN.L : Credit Suisse raises target price to 1800p from 1730p
* Tgk-1 TGKA.MM : Renaissance Capital Increases PT to RUB 0.0127; maintains hold
* Unicaja Banco SA UNI.MC : Jefferies cuts target price to EUR 0.85 from EUR 0.90
* Unipro UPRO.MM : Renaissance Capital Decreases PT to RUB 3.07; maintains buy
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))