Europe Research Roundup: Bunzl, UDG Healthcare, WFD Unibail Rodamco NV

Motor Oil (Hellas) Corinth Refineries

20/03/2020 07:29

March 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bunzl, UDG Healthcare and WFD Unibail Rodamco NV, on Friday. 
    
    HIGHLIGHTS  
     * Bunzl  BNZL.L : Credit Suisse cuts to underperform from neutral
     * UDG Healthcare Plc  UDG.L : RBC raises to outperform from sector perform
     * WFD Unibail Rodamco NV  URW.AS : RBC raises to outperform from sector perform
 
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Airbus Group  AIR.PA : Jefferies raises to buy from hold; cuts TP to EUR 80 from EUR 120
     * Bat  BATS.L : Cowen and Company cuts target price to 2700p from 3200p
     * Bunzl  BNZL.L : Credit Suisse cuts to underperform from neutral
     * Bunzl  BNZL.L : Credit Suisse cuts target price to 1195p from 2000p
     * Cellnex Telecom SA  CLNX.MC : Jefferies raises target price to EUR 50 from EUR 40
     * DSV  DSV.CO : Jefferies cuts target price to DKK 700 from DKK 825
     * Firstgroup  FGP.L : JP Morgan cuts to neutral from overweight; cuts TP to 60p from 142p
     * Imperial Brands  IMB.L : Cowen and Company cuts target price to 1300p from 1800p
     * Kuehne Und Nagel International AG  KNIN.S : Jefferies cuts TP to CHF 125 from CHF 140
     * Meggitt  MGGT.L : Citigroup raises to buy from neutral; cuts TP to 510p from 730p
     * Motor Oil Hellas Corinth Refineries  MORr.AT :Credit Suisse cuts TP to EUR 22 from EUR 27
     * Prosus NV  PRX.AS : Jefferies raises to buy from hold; raises TP to EUR 64 from EUR 59
     * Sanne Group Plc  SNNS.L : Citigroup cuts price target to 635p from 700p
     * Swatch Group AG  UHR.S : JP Morgan cuts target price to CHF 225 from CHF 275
     * UDG Healthcare Plc  UDG.L : RBC raises to outperform from sector perform
     * UDG Healthcare Plc  UDG.L : RBC cuts target price to 730p from 800p
     * WFD Unibail Rodamco NV  URW.AS : RBC raises to outperform from sector perform
     * WFD Unibail Rodamco NV  URW.AS : RBC cuts target price to EUR 88 from EUR 140
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))