Europe Research Roundup: 3I Infrastructure, Inchcape, Severn Trent
08/07/2019 08:34
July 8 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including 3I Infrastructure, Inchcape and Severn Trent on Monday.
HIGHLIGHTS
* 3I Infrastructure Plc 3IN.L : Jefferies cuts to underperform from hold
* Deutsche Wohnen SE DWNG.DE : Jefferies raises to buy from hold
* Inchcape Plc INCH.L : JP Morgan cuts to neutral from overweight
* Pirelli & C SpA PIRC.MI : JP Morgan raises to overweight from neutral
* Severn Trent Plc SVT.L : JP Morgan cuts to underweight from neutral
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* 3I Infrastructure Plc 3IN.L : Jefferies cuts to underperform from hold
* ADO Properties SA ADJ.DE : Jefferies cuts target price to EUR 46 from EUR 48
* ADO Properties SA ADJ.DE : Jefferies raises to buy from hold
* Ashmore Group Plc ASHM.L : Jefferies raises target price to 490p from 470p
* Ashmore Group Plc ASHM.L : JP Morgan raises target price to 475p from 465p
* Deutsche Bank AG DBKGn.DE : RBC raises price target to EUR 8 from EUR 7.5
* Deutsche Wohnen SE DWNG.DE : Jefferies cuts target price to EUR 39 from EUR 40
* Deutsche Wohnen SE DWNG.DE : Jefferies raises to buy from hold
* Direct Line Insurance Group DLGD.L : Credit Suisse cuts target price to 385p from 395p
* Direct Line Insurance Group Plc DLGD.L : JP Morgan cuts price target to 345p from 360p
* Energean Oil & Gas Plc ENOG.L : RBC raises price target to 1,100p from 900p
* Hargreaves Lansdown Plc HRGV.L : Jefferies raises target price to 1570p from 1527p
* Hugo Boss AG BOSSn.DE : RBC cuts price target to EUR 75 from EUR 78
* Inchcape Plc INCH.L : JP Morgan cuts price target to 627p from 803p
* Inchcape Plc INCH.L : JP Morgan cuts to neutral from overweight
* Intermediate Capital Group ICP.L : Jefferies raises target price to 1570p from 1509p
* Jupiter Fund Management Plc JUP.L : Jefferies cuts to underperform from hold
* Jupiter Fund Management Plc JUP.L : Jefferies cuts target price to 340p from 366p
* Lindt & Spruengli LISN.S : Credit Suisse raises target price to SFR 6200 from SFR 5600
* Man Group Ltd EMG.L : Jefferies raises target price to 185p from 175p
* Man Group Plc EMG.L : JP Morgan raises target price to 170p from 155p
* Millicom Intl. Cellular SA TIGOsdb.ST : JP Morgan assumes coverage with neutral rating
* Millicom Intl. Cellular SA TIGOsdb.ST : JP Morgan assumes coverage with SEK 600 PT
* Nestle SA NESN.S : Credit Suisse raises target price to SFR 88 from SFR 84
* Ontex Group NV ONTEX.BR : Credit Suisse cuts target price to EUR 15.50 from EUR 16.50
* Pennon Group Plc PNN.L : JP Morgan cuts price target to 760p from 780p
* Pirelli & C SpA PIRC.MI : JP Morgan raises price target to EUR 8 from EUR 6.60
* Pirelli & C SpA PIRC.MI : JP Morgan raises to overweight from neutral
* Quilter QLT.L : JP Morgan resumes coverage with overweight rating; 180p price target
* Schroders SDR.L : Jefferies cuts to hold from buy;cuts target price to 3100p from 3587p
* Severn Trent Plc SVT.L : JP Morgan cuts price target to 2,000p from 2,060p
* Severn Trent Plc SVT.L : JP Morgan cuts to underweight from neutral
* SIG Plc SHI.L : Berenberg cuts price target to 135p from 140p
* Solvay SOLB.BR : Jefferies cuts target price to EUR 109 from EUR 112
* Standard Life Aberdeen Plc SLA.L : Jefferies raises target price to 390p from 361p
* Standard Life Aberdeen Plc SLA.L : JP Morgan raises target price to 360p from 350p
* Traton SE 8TRA.DE : Jefferies initiates with hold and price target to EUR 27
* United Utilities Group Plc UU.L : JP Morgan cuts price target to 900p from 920p
* Vinci SGEF.PA : JP Morgan cuts price target to EUR 102 from EUR 103
* Vivo Energy Plc VVO.L : Credit Suisse raises target price to 143p from 129p
* Zalando SE ZALG.DE : Credit Suisse raises target price to EUR 44 from EUR 42.5
(Compiled by Bengaluru Newsroom)
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