Corrected: EUROPE RESEARCH ROUNDUP-Azimut, Henkel, Sky (Feb 12)

Petro Welt Technologies AG

26/02/2015 11:15

(In Feb. 12 table, corrects Panmure's price target on AO World to 152p from 330p) 
    Feb 12 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Rallye, Sinpas and ARM Holdings, on Thursday.  
     
     
    HIGHLIGHTS 
    * Rallye  GENC.PA : JP Morgan cuts to underweight from overweight  ID:nWNAB05YSS          
    * Sky  SKYB.L : Bernstein cuts to market perform from outperform 
    * SCA  SCAb.ST : Goldman Sachs cuts to neutral from buy  
    * Azimut  AZMT.MI : Citigroup cuts to neutral from buy 
    * Henkel  HNKG_p.DE : Goldman Sachs cuts to sell from neutral  
        
                
Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order.   
     
     
    * Air Liquide  AIRP.PA : Deutsche Bank raises target to 124 euros from 111 euros; rating buy 
    * Accor SA  ACCP.PA : Socgen raises price target to 52 euros from 41 euros; rating buy 
    * Aixtron SE  AIXGn.DE : HSBC cuts price target to 8 euros from 11 euros; rating neutral 
    * Aquarius Platinum  AQP.L : Citigroup cuts target price to 15p; rating neutral 
    * Amplifon  AMPF.MI : ESN/Banca Akros raises target to 6 euros from 5.80 euros; accumulate 
    * Ansaldo STS  STS.MI : Natixis raises target price to 10 euros from 9.4 euros 
    * AO World Plc  AO.L : Panmure starts with sell rating; target price 152p 
    * ARM Holdings  ARM.L : HSBC raises price target to 1,230p from 1,100p; rating overweight 
    * ARM Holdings  ARM.L : BMO raises price target to 995p from 860p; rating market perform 
    * ARM Holdings  ARM.L : Deutsche Bank raises target price to 1080p from 900p; rating hold 
    * ARM Holdings  ARM.L : Barclays raises target to 1250p from 1200p; rating overweight 
    * ARM Holdings  ARM.L : JP Morgan raises price target to 900p from 750p; rating neutral 
    * ARM Holdings  ARM.L : Credit Suisse raises target to 1,260p from 1,100p; rating outperform 
    * ARM Holdings  ARM.L : Credit Suisse raises target to 1260p from 1100p; rating outperform 
    * ARM Holdings  ARM.L : Natixis raises target price to 1270p from 1100p 
    * ARM Holdings  ARM.L : Numis raises target price to 1350p from 1150p; rating buy 
    * ARM Holdings  ARM.L : BMO raises target price to 995p from 860p; rating market perform 
    * ASSA ABLOY  ASSAb.ST : Morgan Stanley raises target to Sek 443 from Sek 354; equal weight 
    * Atkins  ATKW.L : Numis cuts target price to 1625p from 1700p; rating buy 
    * Azimut  AZMT.MI : Citigroup cuts to neutral from buy; raises target price to 23.50 euros 
    * Banca Generali  BGN.MI : Citigroup raises target price to 27.50 euros from 25 euros 
    * Banca Popolare Dell'emilia Romagna  EMII.MI : SocGen cuts to sell from hold 
    * Banca Popolare Dell'emilia Romagna  EMII.MI :SocGen ups target to 5.6 euros from 5.2 euros 
    * Banco Popolare SC  BAPO.MI : SocGen raises price target to 12.5 euros from 8 euros 
    * Banco Popolare SC  BAPO.MI : SocGen raises to hold from sell 
    * Bank Pekao SA  PEO.WA : SocGen raises target price to Pln 167 from Pln 160 
    * Belimo  BEAN.S : UBS raises price target to Sfr 2100 from Sfr 2000; rating neutral 
    * BHP Billiton Plc  BLT.L : JP Morgan raises target to 1,600p from 1,550p; rating neutral  
    * BIC  BICP.PA : Exane BNP Paribas raises target price by 30 pct to 125 euros 
    * BIC  BICP.PA : Raymond James cuts to market perform from outperform 
    * BIC  BICP.PA : SocGen cuts to hold from buy 
    * BIC  BICP.PA : SocGen raises target price to 129 euros from 107.4 euros 
    * BIC  BICP.PA : Bryan Garnier raises fair value to 108 euros from 102 euros 
    * BIC  BICP.PA : Natixis raises target price to 150 euros from 120 euros 
    * Bilfinger  GBFG.DE : ESN/Equinet Bank raises target price to 55 euros; accumulate rating 
    * Bilfinger SE  GBFG.DE : S&P Capital raises target price to 57 euros from 48 euros; hold 
    * Binckbank NV  BINCK.AS : ING cuts price target to 7 euros from 8.50 euros; rating hold 
    * Burberry Group  BRBY.L : RBC starts with outperform rating; 2,000p price target   
    * Cairn Energy  CNE.L : RBC raises target price to 250p from 230p 
    * Campari  CPRI.MI : Goldman Sachs cuts to sell from neutral 
    * Carl Zeiss  AFXG.DE : JP Morgan raises target to 22.90 euros from 21.30 euros; neutral 
    * Carl Zeiss  AFXG.DE : HSBC raises price target to 26 euros from 23 euros; rating neutral 
    * Carlsberg A/S  CARLb.CO : Canaccord Genuity cuts to hold from buy 
    * Casino  CASP.PA : HSBC raises price target to 86 euros from 81 euros; rating neutral 
    * Cat Oil AG  O2C.DE : JP Morgan cuts target to 12.55 euros from 20.02 euros; rating neutral 
    * Circle Oil  COPU.L : Investec cuts target price to 45p from 50p; rating buy 
    * Coca Cola HBC AG  EEEr.AT : ESN/Investment Bank of Greece cuts target to 16 euros; hold  
    * Commerzbank AG  CBKG.DE : DZ Bank cuts target to 10.50 euros from 11.00 euros; rating sell 
    * Credit Suisse  CSGN.VX : S&P Capital IQ raises target to Sfr 24 from Sfr 22; rating buy 
    * Danone  DANO.PA : Goldman Sachs adds to conviction sell list; keeps sell rating  
    * DCC  DCC.L : Jefferies raises price target to 4,500p from 4,150p; rating buy 
    * DCC  DCC.L : Investec cuts to hold from buy 
    * DCC  DCC.L : Investec raises price target to 3800p from 3600p 
    * Diageo  DGE.L : Goldman Sachs cuts to sell from neutral 
    * DNB ASA  DNB.OL : JP Morgan cuts to neutral from overweight  
    * DNB ASA  DNB.OL : JP Morgan cuts price target to Nok 130 from Nok 140 
    * DSM NV  DSMN.AS : Barclays raises price target to 52 euros from 50 euros; equal weight 
    * DSM NV  DSMN.AS : Exane BNP Paribas raises target price by 5 pct to 60 euros 
    * DSM NV  DSMN.AS : HSBC cuts price target to 52 euros from 57 euros; rating neutral 
    * DSM NV  DSMN.AS : SocGen raises target price to 45 euros from 43 euros; rating sell 
    * Elia  ELI.BR : KBC cuts to hold from accumulate rating 
    * Electricite De France  EDF.PA : S&P Capital cuts price target to 21 euros from 22 euros 
    * Eurasia Drilling Company  EDCLq.L : JP Morgan cuts target to $12.25 from $27.49; neutral 
    * Finmeccanica  SIFI.MI : Deutsche Bank raises target to 9 euros from 7.70 euros;rating hold 
    * Finnair  FIA1S.HE : HSBC cuts price target to 3.50 euros from 3.75 euros 
    * Finnair  FIA1S.HE : HSBC cuts to neutral from overweight 
    * Focusrite  TUNE.L : Panmure starts with buy rating; target price 208p 
    * Fred Olsen Energy  FOE.OL : Cowen and Company cuts target to Nok 66; market perform rating 
    * Gerresheimer  GXIG.DE : ESN/Equinet Bank raises target price to 45 euros; rating hold 
    * Gerresheimer  GXIG.DE : Montega raises target to 54.00 euros from 52.00 euros;rating buy 
    * Glencore PLC  GLEN.L : S&P Capital raises price target to 295p from 255p; rating hold 
    * Groupe Eurotunnel  GETP.PA : Citigroup raises target price to 14 euros; rating buy 
    * Halk  HLGYO.IS : HSBC raises price target to Tl 1.80 from Tl 1.55; rating overweight 
    * Haulotte  PYHE.PA : SocGen raises target price to 15.8 euros from 15 euros 
    * Heidelbergcement  HEIG.DE : DZ Bank raises target to 74.00 euros from 66.00 euros; buy 
    * Heineken NV  HEIN.AS : Barclays raises to equal weight from underweight 
    * Heineken NV  HEIN.AS : SocGen raises target price to 76 euros from 73 euros; rating buy 
    * Heineken NV  HEIN.AS : Berenberg rai