Corrected: EUROPE RESEARCH ROUNDUP- Capita, RWE, Schneider Electric

Petkim Petrokimya Holding

20/06/2017 04:17

(Corrects item on Essity AB to show Kepler Cheuvreux initiates with price target of SEK 280, not SEK 28) 
    June 19 (Reuters) - Securities analysts revised their ratings and price targets on several European 
companies, including Capita, E.ON and RWE, on Monday.  
     
    HIGHLIGHTS 
         
     * Bouygues  BOUY.PA : Berenberg raises to buy from hold     
     * Capita Plc  CPI.L : Jefferies raises to buy from hold 
     * E.ON SE  EONGn.DE : Morgan Stanley raises to overweight from equal-weight 
     * RWE AG  RWEG.DE : Morgan Stanley cuts to equal-weight from overweight 
     * Schneider Electric  SCHN.PA : Barclays raises to equal weight from underweight 
       
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock 
entries are in alphabetical order.  
    
     * Ades International  ADES.L : Citigroup starts with neutral rating; $17.50 price target 
     * ADP  ADP.PA : HSBC cuts to hold from buy 
     * ADP  ADP.PA : HSBC raises target price to 135 euros from 130 euros 
     * Aena SA  AENA.MC : HSBC raises target price to 175 euros from 170 euros 
     * Aena SME SA  AENA.MC : HSBC cuts to hold from buy 
     * Aeroflot  AFLT.MM : Renaissance Capital raises target price to RUB 220 from RUB 215 
     * Ahold Delhaize NV  AD.AS : Kepler Cheuvreux cuts target to 18 euros from 21.70 euros 
     * Ahold Delhaize NV  AD.AS : Kepler Cheuvreux cuts to hold from buy 
     * Air France-Klm  AIRF.PA : JP Morgan raises price target to 9.50 euros from 5.90 euros 
     * Airbus Group  AIR.PA : ESN/CM - CIC Market Solutions raises to neutral from sell 
     * Airbus Group  AIR.PA : ESN/CM - CIC Market Solutions ups target to EUR 77.78 from EUR 53 
     * Alstria Office REIT AG  AOXG.DE : Jefferies starts with buy rating;15 euros price target 
     * Aroundtown Property Holdings  AT1.DE : Jefferies starts with buy rating;6 euros target 
     * ASM International NV  ASMI.AS : Kepler Cheuvreux raises target to 65 euros from 56 euros 
     * Asos Plc  ASOS.L : Stifel starts with hold rating; 6,250p target price 
     * ASR Nederland NV  ASRNL.AS : Deutsche Bank raises target to 31.70 euros from 28.20 euros 
     * AST Groupe SA  ASTP.PA : Midcap Partners raises to buy from neutral;target price EUR 8.7 
     * Atresmedia  A3M.MC : Deutsche Bank cuts price target to 8 euros from 8.70 euros 
     * Bavarian Nordic A/S  BAVA.CO : Cowen and Company raises target to DKK 400 from DKK 350 
     * Beni Stabili  BNSI.MI : JP Morgan raises price target to 0.78 euros from 0.72 euros 
     * Berendsen Plc  BRSN.L : Goldman Sachs cuts to neutral from buy 
     * BESI  BESI.AS : Kepler Cheuvreux raises target price to 46 euros from 32 euros 
     * BESI  BESI.AS : Kepler Cheuvreux raises to hold from reduce 
     * Bonmarche Holdings Plc  BONB.L : Investec raises price target to 150p from 130p 
     * Boohoo.Com Plc  BOOH.L : Stifel raises target price to 288p from 192p 
     * Boohoo.Com Plc  BOOH.L : Stifel raises to buy from hold 
     * Bouygues  BOUY.PA : Berenberg raises target price to EUR 45.50 from EUR 38.70 
     * Bouygues  BOUY.PA : Berenberg raises to buy from hold 
     * Campari  CPRI.MI : HSBC raises target price to 7.4 euros from 6.2 euros; rating buy 
     * Capita Plc  CPI.L : Jefferies raises target price to 750p from 465p 
     * Capita Plc  CPI.L : Jefferies raises to buy from hold 
     * Caretech Holdings Plc  CTH.L : Finncap raises price target to 465p from 425p 
     * Caretech Holdings Plc  CTH.L : Panmure raises target price to 470p from 458p; rating buy 
     * Caretech Holdings Plc  CTH.L : WH Ireland raises target price to 500p from 450p 
     * Chr. Hansen  CHRH.CO : UBS starts with buy rating; price target DKK 535 
     * Com Hem Holding AB  COMH.ST : Morgan Stanley raises target price to SEK 130 from SEK 120 
     * Costain Group Plc  COSG.L : Investec raises target price to 510p from 435p; rating buy 
     * Creades AB (Publ)  CREADa.ST : Danske Bank raises target price to SEK 278 from SEK 276 
     * Creades AB (Publ)  CREADa.ST : Danske Bank raises to hold from sell 
     * Credit Suisse Group  CSGN.S : Deutsche Bank raises to buy rating 
     * Credit Suisse Group  CSGN.S :Morgan Stanley resumes with overweight rating;SFR 16 target 
     * Deutsche Lufthansa AG  LHAG.DE : JP Morgan raises target to 15.50 euros from 14 euros 
     * Deutz AG  DEZG.DE : DZ Bank raises target price to 8.5 euros from 8.0 euros; rating buy 
     * Diageo Plc  DGE.L : Jefferies raises target price to 2800p from 2600p; rating buy 
     * E.ON SE  EONGn.DE : Morgan Stanley raises target price to 10.30 euros from 7.30 euros 
     * E.ON SE  EONGn.DE : Morgan Stanley raises to overweight from equal-weight 
     * Elis Services SA  ELIS.PA : Goldman Sachs raises price target to 23 euros from 21 euros 
     * Elringklinger AG  ZILGn.DE : DZ Bank raises to buy from hold 
     * Enel Russia  ENRU.MM : VTB Capital ups to buy from hold; ups target to RUB 1.35  
     * Essity AB (Publ)  ESSITYb.ST : Barclays starts with equal weight rating; SEK 250 target 
     * Essity AB (Publ)  ESSITYb.ST : Kepler Cheuvreux starts with buy rating; SEK 280 target price 
     * Europa Oil and Gas Holdings Plc  EOG.L : Finncap cuts price target to 43p from 52p 
     * Evraz  EVRE.L : Morgan Stanley resumes with equal-weight rating; 190p price target 
     * Firstgroup Plc  FGP.L : Jefferies raises target price to 155p from 150p; rating hold 
     * Flsmidth  FLS.CO : NORDEA resumes coverage with buy rating, target price DKK 460  
     * Flughafen Zuerich AG  FHZN.S : HSBC raises target price to SFR 247.5 from SFR 245 
     * Fraport  FRAG.DE : HSBC raises target price to 82 euros from 80 euros; rating buy 
     * H&M  HMb.ST : Credit Suisse cuts target price to SEK 185 from SEK 200; underperform 
     * Hannover Rueck SE  HNRGn.DE : Deutsche Bank raises price target to 100 euros from 97 euros 
     * Iliad  ILD.PA : Berenberg raises target price to EUR 266 from EUR 260 
     * Intercontinental Hotels Group  IHG.L : Credit Suisse cuts to neutral from outperform 
     * Intercontinental Hotels Group  IHG.L : Credit Suisse raises target to 4600p from 4500p 
     * Jacquet Metal Service SA  JCQ.PA : SocGen cuts target price to EUR 26 from EUR 27 
     * Jacquet Metal Service SA  JCQ.PA : SocGen cuts to hold from buy 
     * Koninklijke Ahold Delhaize NV  AD.AS : Raymond James cuts price target to 23.50 euros  
     * Latour  LATOb.ST : Danske Bank cuts to hold from buy; target to SEK 444 from SEK 448 
     * Logitech International SA  LOGN.S : Kepler Cheuvreux raises target to SFR 39 from SFR 36 
     * Martela Oyj  MARAS.HE : Inderes cuts target price to EUR 13.0 from EUR 14.0; rating buy 
     * Mediaset Espana  TL5.MC : Deutsche Bank cuts price target to 8.50 euros from 9.50 euros 
     * Mediaset Espana  TL5.MC : Deutsche Bank cuts to sell from hold 
     * Melia Hotels International SA  MEL.MC : UBS cuts to neutral from buy 
     * Melia Hotels International SA  MEL.MC : UBS raises target to 14 euros from 13.6 euros 
     * Munich Re  MUVGn.DE : Deutsche Bank raises target price to 170 euros from 164 euros 
     * Munich Re  MUVGn.DE : Deutsche Bank raises to hold from sell  
     * Novozymes  NZYMb.CO : UBS starts with sell rating; price target DKK 240 
     * Ocado Group Plc  OCDO.L : Exane BNP Paribas raises target price to 325p from 220p 
     * Ocado Group Plc  OCDO.L : Exane BNP Paribas raises to outperform from underperform 
     * Orange SA  ORAN.PA : Berenberg cuts target price to EUR 14.50 from EUR 16 
     * Orpea SA  ORP.PA : Natixis raises price target to 120 euros from 110 euros 
     * Parity Group Plc  PTY.L : WH Ireland starts with buy rating; 17.5p target price 
     * Pearson Plc  PSON.L : Goldman Sachs cuts price target to 495p from 519p 
     * Petkim  PETKM.IS : HSBC raises target price to Tl 4.75 from Tl 4.25; rating reduce 
     * Reckitt Benckiser Group Plc  RB.L : Deutsche Bank resumes with buy rating;target 8500p 
     * Revenio Group Oyj  REG1V.HE : Inderes cuts target price to EUR 38.0 from EUR 39.0 
     * Revenio Group Oyj  REG1V.HE : Inderes cuts to reduce from increase  
     * RWE AG  RWEG.DE : Morgan Stanley cuts to equal-weight from overweight 
     * RWE AG  RWEG.DE : Morgan Stanley raises target price to 20.40 euros from 18 euros 
     * Sabanci Holding  SAHOL.IS : HSBC raises target price to Tl 12.6 from Tl 12.2; rating buy 
     * Sampo Oyj  SAMPO.HE : RBC raises target price to 39 euros from 37 euros 
     * Savannah Resources Plc  SAVS.L : Finncap starts with 11p price target 
     * SCA AB  SCAb.ST : Kepler Cheuvreux cuts target price to SEK 75 from SEK 320 
     * Schneider Electric  SCHN.PA : Barclays raises target price to 70 euros from 65 euros 
     * Schneider Electric  SCHN.PA : Barclays raises to equal weight from underweight 
     * Scor  SCOR.PA : Deutsche Bank raises target price to 42 euros from 38 euros 
     * SEB SA  SEBF.PA : Kepler Cheuvreux raises target price to 175 euros from 170 euros 
     * SFR Group SA  SFRGR.PA : Berenberg raises target price to EUR 25.80 from EUR 25 
     * Swiss Re AG  SRENH.S : Deutsche Bank raises target price to SFR 104 from SFR 102 
     * Swiss Re AG  SRENH.S : Deutsche Bank raises to buy from hold  
     * TLG Immobilien AG  TLGG.DE : Jefferies starts with hold rating; 19 euros price target 
     * Tokmanni Group Oyj  TOKMAN.HE : Danske Bank cuts target to EUR 11.0 from EUR 12.5; buy 
     * TRYG  TRYG.CO : KBW cuts to market perform 
     * Uniper SE  UN01.DE : Morgan Stanley raises target price to 19.70 euros from 16.50 euros 
     * United Internet AG  UTDI.DE : Barclays raises target price to 70 euros from 55 euros 
     * Vallourec  VLLP.PA : SocGen cuts price target to 5.81 euros from 8.31 euros 
     * Vallourec  VLLP.PA : SocGen cuts to hold from buy 
     * Volkswagen AG VOWG_p.DE :Independent Research cuts target to 147euros from 154 euros;hold 
     * Westag & Getalit AG  WUGG.DE : DZ Bank raises target to 27.5 euros from 25.5 euros; buy 
     * Workspace Group Plc  WKP.L : Numis raises to add from hold 
     * Zurich Airport  FHZN.S : HSBC cuts to hold from buy 
     
 
 (Compiled by Bengaluru Newsroom) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/