Europe Research Roundup: BBVA, John Wood Group, Schroders
22/03/2017 10:23
March 22 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including BBVA, John Wood Group and Schroders, on Wednesday.
HIGHLIGHTS
* BBVA BBVA.MC : Barclays raises to overweight from equal weight
* Berendsen Plc BRSN.L : Credit Suisse cuts to underperform from outperform
* John Wood Group Plc WG.L : Jefferies cuts to underperform rating
* Schroders Plc SDR.L : RBC cuts to sector perform from outperform
* Vallourec VLLP.PA : Goldman Sachs raises to buy from neutral
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock
entries are in alphabetical order.
* Amec Foster Wheeler Plc AMFW.L : Jefferies raises target price to 414p; underperform
* Antofagasta Plc ANTO.L : Berenberg raises target price to 650p from 515p
* Arrow Global Group Plc ARWA.L : Macquarie raises target price to 360p from 350p
* Assa Abloy AB ASSAb.ST : Barclays raises target to Sek 205 from Sek 200; overweight
* Assicurazioni Generali GASI.MI : Bernstein raises target to 11.20 euros from 11 euros
* Aurubis AG NAFG.DE : Berenberg cuts target price to 62 euros from 62.50 euros
* Aurubis AG NAFG.DE : Berenberg cuts to hold from buy
* Baader Bank AG BLMG.DE : HSBC cuts target price to 1.9 euros from 2.1 euros; hold
* Bankia BKIA.MC : Barclays raises price target to 1 euro from 0.90 euro
* BBVA BBVA.MC : Barclays raises price target to 7.80 euros from 6.20 euros
* BBVA BBVA.MC : Barclays raises to overweight from equal weight
* Bellway Plc BWY.L : Deutsche Bank raises target price to 3014p from 2993p
* Berendsen Plc BRSN.L : Credit Suisse cuts target price to 700p from 1200p
* Berendsen Plc BRSN.L : Credit Suisse cuts to underperform from outperform
* BMW BMWG.DE : Barclays raises target price to 110 euros from 103 euros
* Boliden AB BOL.ST : Berenberg raises target price to Sek 280 from Sek 260
* Bravida Holding AB BRAV.ST : Deutsche Bank raises target price to Sek 65 from Sek 60
* Caixabank CABK.MC : Barclays raises price target to 4 euros from 2.65 euros
* Casino SA CASP.PA : Bernstein cuts target price to 49 euros from 51 euros
* Casino SA CASP.PA : JP Morgan reinstates with overweight rating; 60 euros price target
* Casino SA CASP.PA : Morgan Stanley raises target price to 46 euros from 42 euros
* Cerved CERV.MI : Deutsche Bank raises target price to 9.80 euros from 8.20 euros
* Deutsche Wohnen AG DWNG.DE : Jefferies raises target to 36 euros from 35 euros; buy
* Esure Group Plc ESUR.L : Macquarie raises target price to 234p from 190p
* Fortum Oyj FORTUM.HE : Berenberg cuts target price to 10 euros from 13 euros
* Fraport FRAG.DE : Barclays raises target price to 55 euros from 52 euros
* GlaxoSmithKline GSK.L : Leerink raises target price to 1,981p from 1,912p
* Hunting Plc HTG.L : Barclays raises to overweight from equal weight
* Jardine Lloyd Thompson Group Plc JLT.L : RBC cuts to sector perform from outperform
* John Laing Group Plc JLG.L : Barclays raises target price to 345p from 330p; overweight
* John Wood Group Plc WG.L : Jefferies cuts target price to 650p from 800p
* John Wood Group Plc WG.L : Jefferies cuts to underperform rating
* Kering PRTP.PA : Morgan Stanley raises target to 261 euros from 210 euros; overweight
* Legal & General Group Plc LGEN.L : Jefferies raises target price to 249p from 225p; hold
* Lenta Ltd LNTAq.L : Berenberg starts with buy rating; $8.50 price target
* Lundin Mining Corp LUMIsdb.ST : Berenberg raises target price to Sek 53 from Sek 46.50
* Magnit MGNTq.L : Berenberg starts with buy rating; $43.90 price target
* Man Group Plc EMG.L : RBC raises target price to 165p from 150p; rating outperform
* Mayr Melnhof Karton AG MMKV.VI : Deutsche Bank ups target to 112 euros from 103 euros
* Mpc Capital AG MPCKk.DE : Berenberg cuts target price to 9.30 euros from 10.50 euros
* Next Fifteen Communications Group NFC.L : Berenberg starts with buy rating; 480p target
* Partners Group Holding AG PGHN.S : JP Morgan raises target to Sfr 650 from Sfr 585
* Phoenix Group Holdings PHNX.L : Canaccord Genuity raises target to 840p from 800p; buy
* Phoenix Group Holdings PHNX.L : Deutsche Bank raises target price to 875p from 835p
* Phosagro Oao PHORq.L : Morgan Stanley cuts target to $13.50 from $13.90; equal-weight
* Remy Cointreau RCOP.PA : Macquarie raises target price to 98 euros from 82 euros
* RTL RRTL.DE : Morgan Stanley raises target price to 80 euros from 76 euros
* Sabadell SABE.MC : Barclays raises price target to 1.90 euros from 1.60 euros
* Santander SAN.MC : Barclays raises price target to 6.30 euros from 5.80 euros
* Sartorius AG SATG.DE : DZ Bank cuts to hold from buy;
* Sartorius AG SATG.DE : DZ Bank raises target price to 78.00 euros from 76.00 euros
* Schoeller Bleckmann Oilfield Equipment SBOE.VI : Credit Suisse cuts target to 69 euros
* Schroders Plc SDR.L : RBC cuts target price to 3300p from 3400p
* Schroders Plc SDR.L : RBC cuts to sector perform from outperform
* Siltronic AG WAFGn.DE : Credit Suisse raises target price to 73 euros from 45 euros
* Siltronic AG WAFGn.DE : Credit Suisse raises to outperform from neutral
* Talanx AG TLXGn.DE : DZ Bank cuts to sell from buy;
* Talanx AG TLXGn.DE : DZ Bank cuts target price to 31.20 euros from 33.50 euros
* Taylor Wimpey Plc TW.L : HSBC raises target price to 211p from 179p; rating buy
* Vallourec VLLP.PA : Goldman Sachs raises target price to 7.40 euros from 5.72 euros
* Vallourec VLLP.PA : Goldman Sachs raises to buy from neutral
* Vat Group AG VACN.S : JP Morgan raises target price to Sfr 115 from Sfr 90
* Wacker Chemie AG WCHG.DE : JP Morgan raises target price to 115 euros from 110 euros
* Wacker Chemie AG WCHG.DE : JP Morgan raises to overweight from neutral
* X5 Retail Group NV PJPq.L : Berenberg starts with buy rating; $37.80 price target
(Compiled by Bengaluru Newsroom)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/