Europe Research Roundup: Centrica, National Grid, Paddy Power Betfair

Nnit A/S

06/02/2019 06:49

Feb 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Centrica, National Grid and Paddy Power Betfair, on Wednesday. 
    
    HIGHLIGHTS  
     * Centrica Plc  CNA.L : RBC cuts to underperform from outperform
     * Essity AB (Publ)  ESSITYb.ST : Berenberg raises to hold from sell
     * LVMH  LVMH.PA : Jefferies cuts to hold from buy
     * National Grid Plc  NG.L : RBC raises to outperform from sector perform
     * Paddy Power Betfair Plc  PPB.L : HSBC raises to hold from reduce
 
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 

     * Aeroflot  AFLT.MM : JP Morgan cuts price target to 120 Roubles from 140 Roubles
     * Alfa Laval AB  ALFA.ST : Credit Suisse cuts price target to SEK 220 from SEK 225
     * Ams AG  AMS.S : Credit Suisse raises price target to SFR 16.80 from SFR 16
     * Ams AG  AMS.S : JP Morgan cuts price target to SFR 31 from SFR 38
     * Assa Abloy AB  ASSAb.ST : Barclays raises price target to SEK 200 from SEK 195
     * Assa Abloy AB  ASSAb.ST : JP Morgan raises target price to SEK 205 from SEK 200
     * Autoneum Holding AG  AUTON.S : Credit Suisse cuts price target to SFR 210 from SFR 240
     * Bawag Group AG  BAWG.VI : JP Morgan raises price target to 53 euros from 52 euros
     * BP Plc  BP.L : CFRA cuts price target to 600p from 650p
     * Centrica Plc  CNA.L : RBC cuts to underperform from outperform
     * Centrica Plc  CNA.L : RBC cuts price target to 130p from 185p
     * Continental AG  CONG.DE : Barclays starts with equal weight rating; target 155 euros
     * Danske Bank  DANSKE.CO : Barclays cuts price target to DKK 140 from DKK 151
     * Dino Polska SA  DNP.WA : JP Morgan raises target price to PLN 122 from PLN 120
     * Epiroc AB  EPIRa.ST : Barclays cuts price target to SEK 85 from SEK 90
     * Epiroc AB  EPIRa.ST : JP Morgan cuts target price to SEK 96 from SEK 98
     * Essity AB (Publ)  ESSITYb.ST : Berenberg raises to hold from sell
     * Essity AB (Publ)  ESSITYb.ST : Berenberg raises price target to SEK 230 from SEK 196
     * Faurecia  EPED.PA : Barclays starts with overweight rating; price target 55 euros
     * Ferrexpo Plc  FXPO.L : Barclays raises price target to 280p from 255p
     * Flsmidth  FLS.CO : Morgan Stanley cuts price target to DKK 352 from DKK 399
     * Glencore  GLEN.L : RBC cuts price target to 345p from 360p
     * Global Ports Holding  GPH.L : Berenberg initiates with buy rating and 475p price target
     * Infineon Technologies AG  IFXGn.DE : Barclays ups price target to EUR 18 from EUR 17.25
     * Intesa Sanpaolo SpA  ISP.MI : Morgan Stanley cuts price target to EUR 2.5 from EUR 2.6
     * Lundbeck  LUN.CO : JP Morgan cuts price target to DKK 265 from DKK 275
     * LVMH  LVMH.PA : Jefferies cuts to hold from buy
     * Michelin  MICP.PA : Barclays starts with overweight rating; price target 120 euros
     * National Grid Plc  NG.L : RBC raises to outperform from sector perform
     * National Grid Plc  NG.L : RBC raises price target to 950p from 900p
     * Naturgy  NTGY.MC : JP Morgan raises price target to 23.50 euros from 21.50 euros
     * Nnit A/S  NNIT.CO : Morgan Stanley cuts price target to DKK 175 from DKK 190
     * Paddy Power Betfair Plc  PPB.L : HSBC raises to hold from reduce
     * Restaurant Group Plc  RTN.L : Barclays cuts price target to 165p from 320p
     * Ryanair Holdings Plc  RYA.I : Bernstein cuts target price to EUR 10 from EUR 12.50
     * Stabilus SA  STAB.DE : Berenberg cuts target price to EUR 71 from EUR 75
     * Valeo  VLOF.PA : Barclays starts with underweight rating; price target 25 euros
     * Wartsila Oyj Abp  WRT1V.HE : Morgan Stanley cuts price target to EUR 14.1 from EUR 15.3
     * X Fab Silicon Foundries Ev  XFAB.PA :Credit Suisse cuts PT to 3.20 euros from 4.10 euros
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))