Europe Research Roundup: Petrofac, Privanet Group, Worldline

Nyab Oyj

30/08/2018 08:30

Aug 30 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Petrofac, Privanet Group Oyj and Worldline SA, on Thursday. 
    
    HIGHLIGHTS
     * IWG Plc  IWG.L : RBC cuts to underperform from sector perform
     * Petrofac Ltd  PFC.L : Morgan Stanley raises to equal-weight from underweight
     * Privanet Group Oyj  PRIVA.HE : Inderes raises to reduce from sell
     * Worldline SA  WLN.PA : Berenberg 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. 
    
     * Codemasters Group Holdings Plc  CDM.L : Berenberg initiates with hold, 215p target price
     * Dalata Hotel Group Plc  DALD.L : Berenberg raises target price to 700p from 660p
     * Frontier Developments Plc  FDEV.L : Berenberg initiates with buy, 1600p target price
     * GlaxoSmithKline Plc  GSK.L : Liberum raises target price to 1700p from 1630p
     * GN Store Nord  GN.CO : Bernstein raises target price to DKK 325 from DKK 280
     * Gym Group Plc  GYM.L : Berenberg raises target price to 370p from 320p
     * IWG Plc  IWG.L : RBC cuts target price to 200p from 220p
     * IWG Plc  IWG.L : RBC cuts to underperform from sector perform
     * Merck KGaA  MRCG.DE : Berenberg cuts target price to EUR 102 from EUR 104
     * OneSavings Bank Plc  OSBO.L : Panmure Gordon raises target price to 505p from 485p
     * Pernod Ricard  PERP.PA : Jefferies cuts target price to 145 euros from 150 euros
     * Petrofac Ltd  PFC.L : Morgan Stanley raises to equal-weight from underweight
     * Petrofac Ltd  PFC.L : Morgan Stanley raises price target to 800p from 650p
     * Privanet Group Oyj  PRIVA.HE : Inderes raises to reduce from sell
     * Privanet Group Oyj  PRIVA.HE : Inderes cuts target price to EUR 1.60 from EUR 2.00
     * Prudential Plc  PRU.L : Berenberg raises target price to 2600p from 2400p
     * RTL  RRTL.DE : Barclays cuts target price to 70 euros from 71 euros
     * Sumo Group Plc  SUMO.L : Berenberg initiates with buy, 205p target price
     * Wirecard AG  WDIG.DE : Berenberg raises target price to EUR 210 from EUR 193
     * Worldline SA  WLN.PA : Berenberg cuts to hold from buy
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))