Europe Research Roundup: Thyssenkrupp, Verbund, Iliad, DNO

Petro Welt Technologies AG

04/09/2014 16:24

Sept 4 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including TDC and Verbund, on Thursday.  
     
    HIGHLIGHTS 
    * Atresmedia  A3M.MC : Barclays raises to overweight from equal weight  
    * M&C Saatchi  SAA.L : Numis raises to buy from add  
    * Iliad SA  ILD.PA : Raymond James raises to outperform from underperform 
    * Eurasia Drilling Co Ltd  EDCLq.L : UBS raises to buy from neutral  
    * DNO  DNO.OL : Swedbank cuts to neutral from buy 
 
Following is a summary of research actions on European companies reported by Reuters on 
Thursday. Stock entries are in alphabetical order.  
     
    * Abertis  ABE.MC : Deutsche Bank raises to buy from hold 
    * Abertis  ABE.MC : Deutsche Bank raises price target to 18.20 euros from 17.40 euros 
    * Abcam  ABCA.L : Canaccord Genuity cuts to hold from buy; raises price target to 425p  
    * Admiral Group  ADML.L : Morgan Stanley cuts target price to 1264p from 1351p; underweight 
    * API Group Plc  API.L : Numis cuts target price to 70p from 85p; rating add 
    * Atresmedia  A3M.MC : Barclays raises to overweight from equal weight  
    * Atresmedia  A3M.MC : Barclays raises target price to 13.50 euros from 12 euros  
    * BASF  BASFn.DE : Credit Suisse cuts to underperform; cuts target to 70 euros from 80 euros 
    * Berendsen Plc  BRSN.L : Credit Suisse cuts target price to 1105p from 1125p 
    * Berendsen Plc  BRSN.L : Credit Suisse cuts to neutral from outperform rating 
    * Bilfinger SE  GBFG.DE : ESN/Equinet Bank cuts to reduce from accumulate 
    * Bilfinger SE  GBFG.DE : ESN/Equinet Bank cuts target price to 50 euros from 60 euros 
    * Bourbon  GPBN.PA : Raymond James cuts target to 20 euros from 21 euros; underperform  
    * Buzzi Unicem  BZU.MI : Bernstein raises target to 16 euros from 15.70 euros; outperform 
    * Cat Oil  O2C.DE : UBS raises to buy from neutral  
    * Consort Medical  CSRT.L : Numis raises to buy from add  
    * Consort Medical  CSRT.L : Investec raises target price to 1061p from 1021p; rating buy  
    * Consort Medical  CSRT.L : N+1 Singer raises target price to 1100p from 1020p; rating buy  
    * Consort Medical  CSRT.L : Canaccord Genuity raises target price to 1182p; rating buy 
    * Deutsche Wohnen  DWNG.DE : Berenberg ups target to 20.50 euros from 19 euros; rating buy  
    * DNO  DNO.OL : Swedbank cuts to neutral from buy 
    * Eurasia Drilling Co Ltd  EDCLq.L : UBS raises to buy from neutral 
    * Eurasia Drilling Co Ltd  EDCLq.L : UBS raises target price to $34 from $33  
    * Gagfah  GFJG.DE : Berenberg raises target price to 17 euros from 16.50 euros; rating buy 
    * Gem Diamonds Ltd  GEMD.L : Panmure raises price target to 256p from 211p; rating buy  
    * Halk  HLGYO.IS : HSBC starts with overweight rating 
    * Haulotte  PYHE.PA : SocGen raises target price to 15 euros from 13.5 euros; rating hold 
    * Holcim Ltd  HOLN.VX : Bernstein raises target to 70 euros from 68 euros; market perform 
    * Iberdrola SA  IBE.MC : S&P Capital IQ raises target price to 5 euros from 3.78 euros; sell 
    * Iliad SA  ILD.PA : Raymond James raises to outperform from underperform  
    * Iliad SA  ILD.PA : Raymond James cuts price target to 185 euros from 200 euros  
    * Imperial Tobacco  IMT.L : Jefferies raises price target to 2750p from 2700p; rating hold  
    * ING  ING.AS : Morgan Stanley raises target to 12.70 euros from 12.60 euros; overweight 
    * Italcementi  ITAI.MI : Berenstein cuts target to 6.90 euros from 7.30 euros; outperform 
    * KBC  KBC.BR : Natixis raises target price to 51 euros from 49.6 euros; rating buy 
    * Kudelski SA  KUD.S : Vontobel cuts price target to sfr 14 from sfr 15; rating hold  
    * Mail.Ru  MAILRq.L : Credit Suisse cuts target price to $35 from $44; rating outperform 
    * M&C Saatchi  SAA.L : Numis raises to buy from add  
    * Mediaset Espana  TL5.MC : Barclays raises to  overweight from equal weight  
    * Mediaset Espana  TL5.MC : Barclays raises target price to 11 euros from 9 euros 
    * Redrow Plc  RDW.L : Deutsche Bank cuts price target to 331p from 334p 
    * River and Mercantile  RIV.L : Canaccord Genuity raises target price to 253p from 231p; buy 
    * Sage Group  SGE.L : Credit Suisse cuts target price to 355p from 360p; rating underperform 
    * Sanofi SA  SASY.PA : Morgan Stanley raises target to 95 euros from 90 euros; overweight 
    * Standard Life  SL.L : Deutsche Bank raises target price to 455p from 428p; rating buy 
    * Standard Life  SL.L : S&P Capital IQ raises target price to 425p from 390p; rating hold 
    * Synergy Health  SYR.L : Numis cuts to reduce from add; target price to 1360p from 1380p 
    * TMK  TRMKq.L : UBS cuts target price to $10.50 from $10.80; rating neutral   
    * TDC  TDC.CO : Jefferies cuts price target to Dkk 50 from Dkk 51; rating hold 
    * Thyssenkrupp  TKAG.DE : Jefferies raises price target to 26 euros from 25 euros; buy 
    * Uralkali  URKAq.L : UBS raises to neutral from sell  
    * Verbund  VERB.VI : SocGen starts with buy rating 
    * Wolseley  WOS.L : UBS raises target price to 3500p from 3320p; rating neutral 
 
 (Compiled by Fareha Khan, Archana Lakshmi Narasiah and Geetha Panchaksharam in Bangalore) 
 ((fareha.khan@thomsonreuters.com; within U.S. +1 646 223 8780 outside U.S. +91 80 6749 1130; 
Reuters Messaging: fareha.khan.thomsonsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/