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Europe Research Roundup: Allianz, Hannover Re, Rolls-Royce Holdings

Aug 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Allianz, Hannover Re and Rolls-Royce Holdings, on Friday.

HIGHLIGHTS

* Allianz ALVG.DE: Morgan Stanley raises target price to EUR 330 from EUR 310
* Flughafen Zurich FHZN.S: Morgan Stanley raises target price to CHF 229 from CHF 205
* Hannover Re HNRGn.DE: Morgan Stanley cuts target price to EUR 288 from EUR 290
* ITM Power Plc ITM.L: Peel Hunt cuts to hold from buy
* Rolls-Royce Holdings Plc RR.L: Morgan Stanley raises target price to 1275p from 900p
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* ABB Ltd ABBN.S: JP Morgan assumes coverage with neutral rating; price target CHF 55
* Ackermans & Van Haaren NV ACKB.BR: Degroof Petercam raises PT to EUR 259 from EUR 253
* Adesso SE ADNGk.DE: Kepler Cheuvreux raises to buy from hold
* Adesso SE ADNGk.DE: Kepler Cheuvreux raises target price to EUR 110 from EUR 102
* Airtel Africa AAF.L: Barclays raises target price to 240p from 210p
* Alcon AG ALCC.S: Alphavalue cuts target price to CHF 70.8 from CHF 77.7
* Allianz ALVG.DE: Morgan Stanley raises target price to EUR 330 from EUR 310
* Ayvens SA AYV.PA: Citigroup cuts to neutral from buy
* Boohoo DEBS.L: Barclays cuts target price to 13p from 21p
* Brunello Cucinelli S.P.A BCU.MI: UBS cuts target price to EUR 123 from EUR 125
* Carclo Plc C1Y.L: Panmure Liberum raises target price to 75p from 63p
* CD Projekt CDR.WA: Barclays raises target price to PLN 135 from PLN 132
* Chesnara Plc CSN.L: Berenberg raises target price to 333p from 328p
* CMB.Tech CMBT.BR: Kepler Cheuvreux raises to buy from hold
* CMB.Tech CMBT.BR: Kepler Cheuvreux raises target price to EUR 9 from EUR 8.8
* Coloplast COLOb.CO: Bernstein cuts target price to DKK 790 from DKK 850
* CVC Capital Partners Plc CVC.AS: ING cuts target price to EUR 17.2 from EUR 22.4
* Delivery Hero DHER.DE: Barclays cuts target price to EUR 43.5 from EUR 45.7
* Delivery Hero SE DHER.DE: Berenberg cuts target price to EUR 35 from EUR 37
* Delivery Hero SE DHER.DE: JP Morgan cuts target price to EUR 29 from EUR 35
* Delivery Hero SE DHER.DE: Morgan Stanley cuts target price to EUR 31 from EUR 34
* Elekta AB EKTAb.ST: Barclays cuts target price to SEK 48 from SEK 49.5
* Elekta AB EKTAb.ST: Kepler Cheuvreux cuts target price to SEK 51 from SEK 64
* Eurocommercial Properties NV ECMPA.AS: Degroof Petercam cuts to hold from buy
* Flughafen Zurich FHZN.S: Morgan Stanley raises target price to CHF 229 from CHF 205
* Geberit AG GEBN.S: Jefferies cuts target price to CHF 696 from CHF 710
* Greencoat Renewables Plc GRPG.I: Stifel raises to neutral from negative
* Greencoat UK Wind Plc UKWG.L: Stifel raises to neutral from negative
* Hannover Re HNRGn.DE: Morgan Stanley cuts target price to EUR 288 from EUR 290
* Hochschild HOCM.L: Peel Hunt cuts target price to 340p from 370p
* ITM Power Plc ITM.L: Peel Hunt cuts to hold from buy
* IWG IWG.L: RBC raises target price to 260p from 215p
* Jungfraubahn Holding AG JFN.S: Baader Helvea raises target to CHF 265 from CHF 250
* Keller Group Plc KLR.L: Deutsche Bank raises to buy from hold
* Kuehne+Nagel KNIN.S: Jefferies cuts target price to CHF 180 from CHF 200
* Lanxess AG LXSG.DE: Berenberg cuts target price to EUR 25 from EUR 30
* Mobimo MOBN.S: UBS raises target price to CHF 308 from CHF 307
* Munich Re Group MUVGn.DE: Morgan Stanley raises target price to EUR 535 from EUR 528
* Pennon Group PNN.L: Morgan Stanley raises target price to 620p from 600p
* Pernod Ricard PERP.PA: Jefferies raises target price to EUR 130 from EUR 120
* Pernod Ricard PERP.PA: Kepler Cheuvreux raises target price to EUR 120 from EUR 117
* Renault RENA.PA: Citigroup cuts target price to EUR 42 from EUR 44
* Renewables Infrastructure Group Ltd TRIG.L: Stifel raises to neutral from negative
* Rockwool ROCKb.CO: Citigroup cuts target price to DKK 270 from DKK 330
* Rolls-Royce Holdings Plc RR.L: Morgan Stanley raises target price to 1275p from 900p
* SCA AB SCAb.ST: Berenberg initiates coverage with buy rating; price target SEK 150
* Schaeffler AG SHA0n.DE: Citigroup raises target price to EUR 6.75 from EUR 5
* Schaeffler AG SHA0n.DE: Citigroup raises to buy from neutral
* Schneider Electric SCHN.PA: JP Morgan assumes with neutral rating; target EUR 220
* Severn Trent SVT.L: Morgan Stanley raises target price to 3300p from 3200p
* Softcat Plc SCTS.L: Jefferies raises target price to 1400p from 1385p
* Softcat Plc SCTS.L: Kepler Cheuvreux cuts target price to 1,750p from 1,800p
* Softcat Plc SCTS.L: Morgan Stanley raises target price to 1620p from 1595p
* Softcat Plc SCTS.L: Panmure Liberum raises target price to 1920p from 1800p
* Stora Enso STERV.HE: Berenberg initiates with hold rating; price target EUR 10.40
* TAG TEGG.DE: Deutsche Bank raises target price to EUR 19 from EUR 18
* United Utilities Group UU.L: Morgan Stanley raises target price to 1475p from 1310p
* UPM UPM.HE: Berenberg initiates coverage with sell rating; price target EUR 21
(Compiled by Bengaluru Newsroom) ((Diaries@thomsonreuters.com))

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