Europe Research Roundup: Beiersdorf, EI Group, ING Groep

Paradox Interactive AB (publ)

06/06/2019 08:53

June 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Beiersdorf AG, EI Group and ING Groep NV, on Thursday. 
    
    HIGHLIGHTS  
     * Beiersdorf AG  BEIG.DE : RBC cuts to sector perform from outperform
     * EI Group Plc  EIGE.L : Berenberg cuts to hold from buy
     * ING Groep NV  INGA.AS : JP Morgan raises to overweight from neutral
     * WFD Unibail Rodamco NV  URW.AS : Morgan Stanley cuts target to EUR 115 from EUR 140
    
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
     * ABN Amro Group NV  ABNd.AS : JP Morgan cuts price target to EUR 22 from EUR 24
     * Accorhotels  ACCP.PA : Morgan Stanley cuts target price to EUR 44 from EUR 45
     * Associated British Foods Plc  ABF.L : RBC cuts price target to 2900p from 3000p
     * Beiersdorf AG  BEIG.DE : RBC cuts to sector perform from outperform
     * Beiersdorf AG  BEIG.DE : RBC raises price target to EUR 105 from EUR 100
     * Carmila SA  CARM.PA : Morgan Stanley cuts target price to EUR 14 from EUR 18
     * EI Group Plc  EIGE.L : Berenberg cuts to hold from buy
     * H&M  HMb.ST : RBC cuts price target to SEK 155 from SEK 160
     * Hammerson Plc  HMSO.L : Morgan Stanley cuts target price to 280p from 420p
     * Inditex  ITX.MC : RBC cuts price target to EUR 30 from EUR 31
     * ING Groep NV  INGA.AS : JP Morgan raises to overweight from neutral
     * ING Groep NV  INGA.AS : JP Morgan cuts price target to EUR 12.50 from EUR 13
     * KBC Groep NV  KBC.BR : JP Morgan cuts price target to EUR 76 from EUR 81
     * Klepierre  LOIM.PA : Morgan Stanley cuts target price to EUR 23 from EUR 29
     * Mitchells & Butlers Plc  MAB.L : Berenberg raises price target to 360p from 265p
     * Mitchells & Butlers Plc  MAB.L : Berenberg raises to buy from hold
     * Orange SA  ORAN.PA : Morgan Stanley cuts target price to EUR 17 from EUR 20
     * Orange SA  ORAN.PA : Morgan Stanley cuts to equal-weight from overweight
     * Paradox Interactive AB (Publ)  PDXI.ST : Berenberg starts with hold rating; PT SEK 140
     * Salvatore Ferragamo SpA  SFER.MI : HSBC raises to hold from reduce; raises TP to EUR 19 
     * Santander Bank Polska SA  SPL1.WA : JP Morgan initiates with neutral rating; PLN 425 PT
     * Santhera Pharmaceuticals Holding   SANN.S : Credit Suisse raises target price to SFR 12 
     * Sartorius AG  SATG_p.DE : Berenberg raises price target to EUR 125 from EUR 115
     * Schneider Electric  SCHN.PA : Berenberg raises price target to EUR 73 from EUR 70
     * Siemens AG  SIEGn.DE : Morgan Stanley raises target price to EUR 125 from EUR 119
     * Stobart Group Ltd  STOB.L : HSBC raises to hold from reduce; cuts TP to 117p from 133p
     * Stobart Group Ltd  STOB.L : Jefferies starts with buy rating; price target 174p
     * Thq Nordic AB  THQNb.ST : Berenberg starts with buy rating; price target SEK 270
     * Vonovia SE  VNAn.DE : Morgan Stanley raises target price to EUR 55 from EUR 52
     * WFD Unibail Rodamco NV  URW.AS : Morgan Stanley cuts target to EUR 115 from EUR 140
    

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