Europe Research Roundup: Credit Agricole, HHLA, Infineon

Neuberger Private Equity Partners

17/08/2015 08:22

Aug 17 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Dialog Semiconductor and Delta Lloyd, on Monday.  
     
    HIGHLIGHTS 
    * Credit Agricole SA  CAGR.PA : HSBC raises to buy from hold 
    * Akbank  AKBNK.IS : Renaissance Capital raises to hold from sell 
    * Dialog Semiconductor  DLGS.DE : RBC assumes coverage with outperform; 49 euros target 
    * HHLA  HHFGn.DE : HSBC raises to hold from reduce  
    * Infineon  IFXGn.DE : UBS cuts target to 12 euros from 12.10 euros; rating buy 
               
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.   
     
    * Aalberts Industries  AALB.AS : ING raises target to 30 euros from 29.25 euros; rating hold 
    * Akbank  AKBNK.IS : Renaissance Capital raises to hold from sell 
    * Akbank  AKBNK.IS : Renaissance Capital raises price target to Tl 7.2 from Tl 7.1  
    * Apax Global Alpha  APAX.L : Jefferies starts with hold 
    * Credit Agricole SA   CAGR.PA : HSBC raises to buy from hold 
    * Delta Lloyd  DLL.AS : HSBC cuts target price to 11 euros from 16.6 euros; rating reduce  
    * Dialog Semiconductor  DLGS.DE : RBC assumes coverage with outperform; 49 euros target 
    * Electra Private Equity  ELTA.L : Jefferies starts with hold 
    * Graphite Enterprise  GPE.L : Jefferies starts with buy 
    * Harbourvest Global Private Equity  HVPEa.L : Jefferies starts with buy 
    * Hgcapital Trust  HGT.L : Jefferies starts with hold 
    * HHLA  HHFGn.DE : HSBC raises to hold from reduce  
    * Infineon Technologies  IFXGn.DE : UBS cuts target to 12 euros from 12.10 euros; rating buy 
    * Interserve  IRV.L : Liberum cuts target price to 625p from 655p; rating buy 
    * J.P. Morgan Private Equity  JPEL_p.L : Jefferies starts with hold 
    * Konecranes  KCR1V.HE : HSBC raises target to 32 euros from 28 euros; rating hold   
    * NB Private Equity  NBPE.L : Jefferies starts with buy 
    * Pantheon International  PANI.L : Jefferies starts with hold 
    * Riverstone Energy  RSER.L : Jefferies starts with buy 
    * Salzgitter AG  SZGG.DE : HSBC raises target price to 40.8 euros from 38 euros; rating buy 
    * Synthomer Plc  SYNTS.L : HSBC raises target price to 315p from 285p; rating hold 
    * Travis Perkins  TPK.L : Jefferies cuts target price to 2620p from 2650p; rating buy 
 
 
 (Compiled by Eileen Soreng in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/