Europe Research Roundup: Deutsche Bank, Luxottica, Turk Traktor

Nhoa SA

21/09/2017 10:02

Sept 21 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Deutsche Bank, Luxottica and Turk Traktor, on Thursday.  
     
    HIGHLIGHTS 
     * Bauer AG  B5AG.DE : Kepler Cheuvreux cuts to hold from buy 
     * Deutsche Bank AG  DBKGn.DE : HSBC raises to hold from reduce 
     * Electra Private Equity Plc  ELTA.L : Jefferies raises to hold from underperform 
     * Luxottica  LUX.MI : RBC cuts to underperform from sector perform 
     * Turk Traktor  TTRAK.IS : HSBC cuts to hold from buy 
 Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order.  
 
     * Actia Group SA  MRSP.PA : Portzamparc cuts target price to EUR 7.7 from EUR 9.3; hold 
     * Alten SA  LTEN.PA : Invest Securities cuts target price to EUR 84 from EUR 85; buy 
     * Aures Technologies  AURS.PA : Midcap Partners raises target to EUR 44 from EUR 41; buy 
     * Aurubis AG  NAFG.DE : Exane BNP cuts to underperform from neutral 
     * Aurubis AG  NAFG.DE : Exane BNP raises price target to 66 euros from 64 euros 
     * Babcock International Group Plc  BAB.L : Stifel cuts price target to 900p from 950p 
     * Barclays Plc  BARC.L : Morgan Stanley cuts target price to 230p from 250p 
     * Bauer AG  B5AG.DE : Kepler Cheuvreux cuts to hold from buy 
     * Cairn Homes Plc  CRN.L : Investec cuts to hold from buy 
     * Cairn Homes Plc  CRN.L : Investec raises price target to 1.75 euros from 1.61 euros 
     * Cambridge Cognition Holdings Plc  COGC.L : Finncap raises price target to 180p from 130p 
     * Carlsberg  CARLb.CO : Exane BNP Paribas cuts to neutral from outperform 
     * Clasquin SA  ALCLA.PA : Kepler Cheuvreux cuts to hold from buy 
     * Clasquin SA  ALCLA.PA : Kepler Cheuvreux raises price target to EUR 35 from EUR 33 
     * Clasquin SA  ALCLA.PA : Midcap Partners ups target price to EUR 37 from EUR 36; neutral  
     * Compagnie Plastic Omnium  PLOF.PA : Kepler Cheuvreux raises target to EUR 38 from EUR 35 
     * Deutsche Bank AG  DBKGn.DE : HSBC raises to hold from reduce 
     * Deutsche Bank AG  DBKGn.DE : Morgan Stanley cuts price target to EUR 16 from EUR 16.70 
     * E.ON SE  EONGn.DE : Investec raises target price to 12 euros from 10 euros 
     * EDF  EDF.PA : Barclays raises target price to EUR 12.30 from EUR 11.60; overweight 
     * Electra Private Equity Plc  ELTA.L : Jefferies raises to hold from underperform 
     * Electro Power Systems  EPS.PA : Invest Securities ups target to EUR 11.6 vs EUR 11.4;buy 
     * Elis  ELIS.PA : Credit Suisse reinstates with outperform rating; EUR 25.40 price target 
     * Essilor SA  ESSI.PA : RBC starts with underperform rating; EUR 106 price target 
     * FFI Holdings Plc  FFIF.L : Liberum starts with buy rating; price target 182p 
     * Flughafen Zuerich AG  FHZN.S : Credit Suisse raises target price to SFR 185 from SFR 175 
     * Focus Home Interactive  ALFOC.PA : Midcap Partners cuts target price to EUR 23.0;neutral 
     * Focus Home Interactive  ALFOC.PA : Portzamparc cuts TP to EUR 26.2 from EUR 28.2;hold 
     * GKN Plc  GKN.L : Barclays cuts target price to 390p from 400p; rating overweight 
     * Hansteen Holdings Plc  HSTN.L : JP Morgan raises target price to 134p from 125p 
     * HSBC Holdings Plc  HSBA.L : Morgan Staney cuts target price to 850p from 875p 
     * Hvivo Plc  HVO.L : Numis cuts to hold from add 
     * IG Group Holdings Plc  IGG.L : Numis raises price target to 697p from 638p 
     * IG Group Holdings Plc  IGG.L : Numis raises to add from hold 
     * Imperial Brands Plc  IMB.L : Goldman Sachs cuts price target to 5340p from 5400p 
     * Inditex  ITX.MC : HSBC cuts target price to 37 euros from 38 euors; rating buy 
     * Inditex  ITX.MC : Invest Securities cuts target price to EUR 39 vs EUR 41; rating buy 
     * Infotel SA  ETOF.PA : Portzamparc raises to buy from accumulate 
     * Infotel SA  ETOF.PA : Portzamparc raises target price to EUR 55.1 from EUR 52.9 
     * Luxottica  LUX.MI : RBC cuts target price to EUR 47 from EUR 55 
     * Luxottica  LUX.MI : RBC cuts to underperform from sector perform 
     * Micro focus International  MCRO.L : Credit Suisse ups target price to 1942p from 1921p 
     * Munich Re  MUVGn.DE : Citigroup raises to buy 
     * Nicox  NCOX.PA : Invest Securities raises target price to EUR 13 from EUR EUR 12.2; buy 
     * Oesterreichische Post AG  POST.VI : Kepler Cheuvreux cuts to hold from buy 
     * Orava Asuntorahasto  OREIT.HE : Inderes raises target to 6.50 from EUR 5.50; increase 
     * Paddy Power Betfair Plc  PPB.L : HSBC cuts target price to 5700p from 6900p; reduce 
     * Paragon Group of Companies Plc  PARA.L : Numis raises to hold from reduce 
     * Petra Diamonds Ltd  PDL.L : Liberum cuts target price to 115p from 130p 
     * President Energy Plc  PPTC.L : Finncap starts with target price of 21p 
     * Quixant Plc  QXT.L : Finncap raises price target to 500p from 450p 
     * Reckitt Benckiser Group Plc  RB.L : Goldman Sachs cuts price target to 7920p from 8130p 
     * Roche Holding AG  ROG.S : Jefferies raises target price to SFR 290 from SFR 275; buy 
     * Safestyle Uk Plc  SFES.L : N+1 Singer raises to hold from sell 
     * Schroders Plc  SDR.L : JP Morgan cuts target price to 3,550p from 3,750p 
     * Schroders Plc  SDR.L : JP Morgan cuts to neutral from overweight 
     * Spectris Plc  SXS.L : Morgan Stanley raises target price to 2860p from 2840p 
     * Turk Traktor  TTRAK.IS : HSBC cuts target price to TL 90 from TL 95; rating hold 
     * Turk Traktor  TTRAK.IS : HSBC cuts to hold from buy 
     * Vectura Group Plc  VEC.L : JP Morgan cuts target price to 180p from 210p 
  
 (Compiled by Bengaluru Newsroom) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/