Europe Research Roundup: Bunzl, Colruyt, Kion Group
EUROPE RESEARCH ROUNDUP- Bunzl, Colruyt, Kion Group July 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Colruyt and Kion Group on Tuesday.
HIGHLIGHTS
* Bunzl BNZL.L: RBC raises target price to 2,600p from 2,200p |
* Colruyt NV COLR.BR: RBC initiates coverage with sector perform rating |
* Kion Group AG KGX.DE: Morgan Stanley raises to overweight from equal weight |
* L'Oreal OREP.PA: RBC raises target price to EUR 450 from EUR 430 |
* VAT Group AG VACN.S: JP Morgan raises target price to CHF 730 from CHF 620 |
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
* ArcelorMittal MT.AS: Barclays raises target price to EUR 55 from EUR 45 |
* ArcelorMittal MT.AS: Deutsche Bank raises target price to EUR 61 from EUR 57 |
* Arkema AKE.PA: Barclays raises target price to EUR 52 from EUR 51 |
* ASML Holding NV ASML.AS: Morgan Stanley raises PT to EUR 1830 from EUR 1660 |
* Atlas Copco AB ATCOa.ST: Barclays raises target price to SEK 211 from SEK 185 |
* Banco Comercial Portugues, S.A. BCP.LS: UBS raises PT to EUR 1.18 from EUR 1.03 |
* Barratt Redrow BTRW.L: UBS cuts target price to 402p from 432p |
* BBVA BBVA.MC: Jefferies raises target price to EUR 27 from EUR 21 |
* Beauty Tech Group Plc TBTG.L: Berenberg raises target price to 550p from 500p |
* Beiersdorf AG BEIG.DE: Barclays cuts target price to EUR 72 from EUR 76 |
* Berkeley Group BKGH.L: Jefferies cuts target price to 4517p from 4531p |
* Boliden BOL.ST: Barclays raises target price to SEK 700 from SEK 650 |
* Bunzl BNZL.L: RBC raises target price to 2,600p from 2,200p |
* Carrefour CARR.PA: RBC initiates coverage with outperform rating |
* Carrefour CARR.PA: RBC initiates coverage with target price EUR 22 |
* Colruyt NV COLR.BR: RBC initiates coverage with sector perform rating |
* Colruyt NV COLR.BR: RBC initiates coverage with target price EUR 37 |
* Covivio SA CVO.PA: Citigroup raises target price to EUR 67.6 from EUR 65.6 |
* Cranswick CWK.L: Barclays initiates coverage with target price 6,380p |
* Cranswick CWK.L: Barclays initiates coverage with overweight rating |
* Cranswick CWK.L: Barclays initiates coverage with overweight rating and PT 6380p |
* Danone DANO.PA: Barclays raises target price to EUR 83 from EUR 81 |
* Deutsche Bank AG DBKGn.DE: BofA Global Research raises PT to EUR 39 from EUR 38 |
* Deutsche Lufthansa AG LHAG.DE: Bernstein raises PT to EUR 10 from EUR 7.9 |
* Diasorin SpA DIAS.MI: Exane BNP Paribas cuts target price to EUR 60 from EUR 65 |
* Diasorin SpA DIAS.MI: Exane BNP Paribas cuts to underperform from neutral |
* Dormakaba Holding AG DOKA.S: UBS cuts target price to CHF 61 from CHF 69 |
* DR ING HC F Porsche AG P911_p.DE: Citigroup raises PT to EUR 56 from EUR 53 |
* Dunelm Group Plc DNLM.L: Exane BNP Paribas initiates coverage with neutral rating |
* Dunelm Group Plc DNLM.L: Exane BNP Paribas initiates coverage with PT 860p |
* EasyJet EZJ.L: Bernstein raises target price to 660p from 450p |
* Endeavour Mining EDV.L: Barclays cuts target price to 4,525p from 5,250p |
* Essity ESSITYb.ST: Barclays raises target price to SEK 240 from SEK 220 |
* Exail Technologies SA EXA.PA: TP ICAP Midcap cuts to 'hold' from 'buy |
* Exail Technologies SA EXA.PA: TP ICAP Midcap target price €135 |
* Fuchs SE FPE3_p.DE: Deutsche Bank raises target price to EUR 51 from EUR 49 |
* Genmab GMAB.CO: Jefferies raises target price to DKK 2800 from DKK 2650 |
* Gerresheimer AG GXIG.DE: Barclays cuts target price to EUR 17 from EUR 19 |
* Glencore GLEN.L: Barclays raises target price to 635p from 625p |
* Henkel HNKG_p.DE: Barclays raises target price to EUR 75 from EUR 70 |
* Hochschild Mining HOCM.L: Barclays cuts target price to 700p from 755p |
* IAG ICAG.L: Bernstein raises target price to 550p from 480p |
* Italy'S Prysmian PRY.MI: Jefferies raises target price to EUR 178 from EUR 176 |
* ITV ITV.L: JP Morgan cuts target price to 85p from 104p |
* ITV ITV.L: JP Morgan cuts to neutral from overweight |
* Julius Baer Gruppe AG BAER.S: BofA Global Research ups PT to CHF 82 from CHF 70 |
* Keller Group Plc KLR.L: Berenberg raises target price to 3150p from 2550p |
* Kion Group AG KGX.DE: Morgan Stanley raises target price to EUR 62 from EUR 48 |
* Kion Group AG KGX.DE: Morgan Stanley raises to overweight from equal weight |
* Knights Group Holdings Plc KGHK.L: Deutsche Bank raises PT to 250p from 210p |
* Knorr Bremse AG KBX.DE: Citigroup raises target price to EUR 126 from EUR 123 |
* Kongsberg Gruppen ASA KOG.OL: Morgan Stanley cuts to underweight from equal weight |
* Kongsberg Gruppen ASA KOG.OL: Morgan Stanley raises PT to NOK 330 from NOK 310 |
* Koninklijke Ahold Delhaize AD.AS: RBC initiates coverage with sector perform rating |
* Koninklijke Ahold Delhaize AD.AS: RBC initiates coverage with PT EUR 38 |
* Legrand LEGD.PA: Barclays raises target price to EUR 185 from EUR 159 |
* Legrand LEGD.PA: Barclays raises to overweight from equal-weight |
* Legrand LEGD.PA: Kepler Cheuvreux raises target price to EUR 170 from EUR 155 |
* Legrand LEGD.PA: Kepler Cheuvreux raises to buy from hold |
* Leonardo SpA LDOF.MI: Morgan Stanley cuts target price to EUR 80 from EUR 83 |
* L'Oreal OREP.PA: RBC raises target price to EUR 450 from EUR 430 |
* Medartis Holding AG MEDA.S: UBS raises target price to CHF 97 from CHF 87 |
* Medartis Holding AG MEDA.S: UBS raises to buy from neutral |
* Neste Oyj NESTE.HE: Deutsche Bank reinitiates coverage with hold rating |
* Neste Oyj NESTE.HE: Deutsche Bank reinitiates coverage with price target EUR 31 |
* Nestle SA NESN.S: Barclays raises target price to CHF 87 from CHF 86 |
* Ntg Nordic Transport Group NTGNT.CO: Barclays raises PT to DKK 295 from DKK 290 |
* Orange ORAN.PA: Barclays cuts target price to EUR 16.5 from EUR 17 |
* Pearson Plc PSON.L: Barclays raises target price to 1210p from 1130p |
* Pernod Ricard PERP.PA: Bernstein cuts target price to EUR 115 from EUR 117 |
* Pluxee PLX.PA: UBS raises target price to EUR 10.5 from EUR 10 |
* Polypeptide Group AG PPGN.S: RBC cuts to sector perform from outperform |
* Porvair PORV.L: Deutsche Bank initiates coverage with buy rating and PT 1050p |
* Proximus NV PROX.BR: Deutsche Bank cuts target price to EUR 6.5 from EUR 7 |
* Quilter Plc QLT.L: UBS raises target price to 235p from 210p |
* Rentokil RTO.L: Goldman Sachs raises target price to 590p from 515p |
* Rentokil RTO.L: Goldman Sachs raises to buy from neutral |
* Rio Tinto Plc RIO.L: Barclays raises target price to 6,700p from 6,600p |
* Saab AB SAABb.ST: Morgan Stanley raises target price to SEK 700 from SEK 540 |
* Saab AB SAABb.ST: Morgan Stanley raises to overweight from underweight |
* Schneider Electric SCHN.PA: Barclays raises target price to EUR 350 from EUR 340 |
* Scor SCOR.PA: Barclays cuts target price to EUR 30.7 from EUR 31.5 |
* Siemens AG SIEGn.DE: Barclays raises target price to EUR 235 from EUR 230 |
* Siemens Energy ENR1n.DE: Barclays raises target price to EUR 130 from EUR 110 |
* Siemens Healthineers AG SHLG.DE: UBS cuts target price to EUR 38 from EUR 51 |
* Smith & Nephew SN.L: BofA Global Research cuts PT to 1,340.00p from 1,450.00p |
* Sodexo SA EXHO.PA: Morgan Stanley raises target price to EUR 50 from EUR 44 |
* SSAB SSABa.ST: Deutsche Bank raises target price to SEK 87 from SEK 73 |
* St. James's Place SJP.L: Peel Hunt raises target price to 2000p from 1300p |
* St. James's Place SJP.L: Peel Hunt raises to buy from add |
* Technoprobe SpA TPRO.MI: Berenberg raises target price to EUR 28 from EUR 22.5 |
* Temenos TEMN.S: Barclays raises target price to CHF 89 from CHF 87 |
* Unilever Plc ULVR.AS: Barclays raises target price to EUR 66.51 from EUR 65.44 |
* Unilever Plc ULVR.L: Barclays raises target price to 5700p from 5650p |
* VAT Group AG VACN.S: JP Morgan raises target price to CHF 730 from CHF 620 |
* Wizz Air WIZZ.L: Bernstein raises target price to 1,400p from 1,200p |
* Worldline WLN.PA: Barclays raises target price to EUR 12 from EUR 1.6 |
* XPS Pensions Group Plc XPS.L: Davy Research cuts target price to 436p from 463p |
(Compiled by Bengaluru Newsroom)
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