Europe Research Roundup: Banca Transilvania, Covestro, Gem Diamonds
09/06/2017 16:13
June 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Banca Transilvania SA, Gem Diamonds and Ted Baker Plc, on Friday.
HIGHLIGHTS
* Banca Transilvania SA ROTLV.BX : Berenberg cuts to hold from buy
* Covestro AG 1COV.DE : Helvea Baader Bank raises to hold from sell
* Gem Diamonds GEMD.L : RBC raises to sector perform from underperform
* Heidelbergcement HEIG.DE : Kepler Cheuvreux raises to hold from reduce
* Rexel RXL.PA : Kepler Cheuvreux cuts to reduce from buy
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Akbank AKBNK.IS : Deutsche Bank raises target price to TRY 10.4 from TRY 9.6
* ASR Nederland ASRNL.AS : Barclays ups TP to 32.50 euros from 29.40 euros; overweight
* Babcock International Group Plc BAB.L : Stifel cuts to hold from buy
* Babcock International Group Plc BAB.L : Stifel cuts target price to 950p from 1280p
* Banca Transilvania SA ROTLV.BX : Berenberg cuts to hold from buy
* Banco Comercial Portugues BCP.LS : Deutsche Bank starts with buy rating;target eur 0.33
* Banco Comercial Portugues BCP.LS : Deutsche Bank starts with buy, eur 0.33 target
* Bayer AG BAYGn.DE : Helvea Baader Bank raises target price to 120 euros from 87 euros
* BT Group Plc BT.L : Deutsche Bank cuts target price to 265p from 275p
* Conygar Investment Co Plc CIC.L : Stifel raises target price to 183p from 158p
* Covestro AG 1COV.DE : Helvea Baader Bank raises target price to 70 euros from 53 euros
* Covestro AG 1COV.DE : Helvea Baader Bank raises to hold from sell
* CTS Eventim EVDG.DE :Helvea Baader Bank raises target price to 44 euros from 38 euros
* Dairy Crest Group DCG.L : Jefferies raises target to 515p from 500p;rating underperform
* Eland Oil & Gas ELA.L : Panmure Gordon reinstates coverage with buy;target price 120p
* Elekta AB EKTAb.ST : UBS raises target price to SEK 60 from SEK 46
* Elisa Oyj ELISA.HE : Inderes raises target price to eur 33.00 from eur 31.50; reduce
* Equiniti Group Plc EQN.L : Credit Suisse raises TP to 240p from 210p;outperform
* Eurotunnel GETP.PA : Barclays cuts to equal weight from overweight
* Fuchs Petrolub FPEG_p.DE : Helvea Baader Bank raises target to 43 euros from 40 euros
* Garanti Bankasi GARAN.IS : Deutsche Bank raises target price to TRY 11.4 from TRY 10
* Gem Diamonds GEMD.L : RBC raises target price to 100p from 80p
* Gem Diamonds GEMD.L : RBC raises to sector perform from underperform
* Gerresheimer AG GXIG.DE : DZ Bank cuts target price to 79.00 euros from 82.00 euros
* Gerresheimer AG GXIG.DE : DZ Bank cuts to hold from buy
* Groupe Concoursmania ALGCM.PA : Portzamparc cuts target price to eur 3.4 from eur 4.6
* Groupe Concoursmania ALGCM.PA : Portzamparc cuts to hold from accumulate
* Halk Bankasi HALKB.IS : Deutsche Bank raises target price to TRY 15 from TRY 11.9
* Halk Bankasi HALKB.IS : Deutsche Bank raises to buy from hold
* Heidelbergcement HEIG.DE : Kepler Cheuvreux ups target price to 86 euros from 78 euros
* Heidelbergcement HEIG.DE : Kepler Cheuvreux raises to hold from reduce
* Heidelberger Druckmaschinen HDDG.DE : Independent Research ups target to 3.10 euros;buy
* Heijmans NV HEIJ.AS : Kepler Cheuvreux raises price target to 9 euros from 5.50 euros
* Heijmans NV HEIJ.AS : Kepler Cheuvreux raises to buy from hold
* IMCD NV IMCD.AS : ING cuts to hold from buy, cuts target price to eur 52 from eur 42
* Inmarsat Plc ISA.L : Barclays raises price target to 775p from 750p
* International Airlines Group ICAG.L : UBS raises target price to 630p from 575p
* IP Group Plc IPO.L : Stifel cuts target price to 188p from 208p
* Is Bankasi ISCTR.IS : Deutsche Bank raises target price to TRY 7.7 from TRY 6.8
* Jumbo SA BABr.AT : Euroxx Securities raises target price to 18 euros from 14.70 euros
* Kuehne Und Nagel KNIN.S : Kepler Cheuvreux raises target price to SFR 176 from SFR 148
* Kuehne Und Nagel KNIN.S : Kepler Cheuvreux raises to buy from hold
* Lanxess AG LXSG.DE : DZ Bank raises target price to eur 79 from eur 74
* Lanxess AG LXSG.DE : Helvea Baader Bank raises target price to 74 euros from 67 euros
* Nabaltec AG NTGG.DE : Helvea Baader Bank raises target price to 23 euros from 18 euros
* Nokia Oyj NOKIA.HE : Barclays raises target to 6.50 euros from 6.15 euros; overweight
* Ontex Group NV ONTEX.BR : Berenberg starts with buy, eur 38 target price
* Petrofac Ltd PFC.L : Kepler Cheuvreux starts with buy, 700p target price
* PGNIG PGN.WA :Deutsche Bank raises to hold from sell,ups TP to Pln 6.3 from Pln 4.6
* Philips Lighting LIGHT.AS : Citigroup cuts rating to sell; price target 27.50 euros
* Remy Cointreau RCOP.PA : Barclays raises target to 98 euros from 94 euros; equal weight
* Remy Cointreau RCOP.PA : Berenberg raises target price to eur 99 from eur 72
* Remy Cointreau RCOP.PA : Jefferies raises target price to eur 100 from eur 90
* Remy Cointreau RCOP.PA : Natixis raises target to 95 euros from 90 euros;rating neutral
* Rexel RXL.PA : Kepler Cheuvreux cuts price target to 14 euros from 17.80 euros
* Rexel RXL.PA : Kepler Cheuvreux cuts to reduce from buy
* SBM Offshore SBMO.AS : KBC Securities cuts target to eur 19.0 from eur 19.5; rating buy
* SCA AB SCAb.ST : Berenberg starts with sell, SEK 272 target price
* Shire Plc SHP.L : Barclays cuts price target to 6300p from 6500p; rating overweight
* Shire Plc SHP.L : Jefferies cuts price target to 5600p from 6400p
* Sika AG SIK.S : Helvea Baader Bank raises target price to SFR 6325 from SFR 6150
* SRT Marine Systems Plc SORA.L : Finncap starts with 75p target price
* Summit Germany Ltd SMTG.L : Liberum raises target price by 10 pct to eur 1.27
* Ted Baker Plc TED.L : RBC starts with outperform rating; price target 2800p
* Ted Baker Plc TED.L : RBC starts with outperform, 2800p target price
* Topdanmark TOP.CO : Credit Suisse raises target to DKK 215 from DKK 200; rating neutral
* Vakifbank VAKBN.IS : Deutsche Bank raises target price to TRY 6.9 from TRY 5.6
* Vonovia SE VNAn.DE : DZ Bank cuts to hold from buy
* Vonovia SE VNAn.DE : DZ Bank raises target price to 37.50 euros from 37.00 euros
* Yapi Ve Kredi Bankasi YKBNK.IS : Deutsche Bank raises target to TRY 4.8 from TRY 4.4
(Compiled by Bengaluru Newsroom)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/