Europe Research Roundup: A.P. Moller-Maersk, Bellway Plc, Kojamo Oyj

PSP Swiss Property AG

21/08/2020 07:52

Aug 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies,
including A.P. Moller-Maersk, Bellway Plc and Kojamo Oyj on Friday. 
    
    HIGHLIGHTS
     * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan cuts to neutral from overweight
     * Bellway Plc  BWY.L : Deutsche Bank cuts to hold from buy
     * Kojamo Oyj  KOJAMO.HE : JP Morgan cuts to neutral from overweight
     * Petrofac  PFC.L : Bernstein cuts to market-perform from outperform
     * Saipem SpA  SPMI.MI : Bernstein cuts to market-perform from outperform
                    
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are
in alphabetical order. 
        
     * A.P. Moller-Maersk  MAERSKb.CO : Jefferies raises target to DKK 9,500 from DKK 7,800
     * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan cuts to neutral from overweight
     * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan raises target to DKK 10,369 from DKK 10,219
     * Adyen NV  ADYEN.AS : Barclays raises target price to EUR 940 from EUR 920
     * Antofagasta  ANTO.L : Credit Suisse raises target price to 890p from 800p
     * Antofagasta  ANTO.L : RBC cuts target price to 770p from 870p
     * Bellway Plc  BWY.L : Deutsche Bank cuts target price to 2422p from 3093p
     * Bellway Plc  BWY.L : Deutsche Bank cuts to hold from buy
     * DCC  DCC.L : Barclays cuts target price to 6900p from 8100p
     * DCC  DCC.L : Barclays cuts to equal weight from overweight
     * GVC  GVC.L : Jefferies raises price target to 1,250p from 1,210p
     * Hammerson  HMSO.L : RBC cuts target price to 55p from 65p
     * Hapag Lloyd AG  HLAG.DE : Jefferies raises price target to EUR 45 from EUR 38
     * Hapag Lloyd AG  HLAG.DE : JP Morgan raises price target to EUR 48.29 from EUR 38.93
     * John Laing  JLG.L : Barclays cuts target price to 350p from 365p
     * Kojamo Oyj  KOJAMO.HE : JP Morgan cuts to neutral from overweight
     * Kojamo Oyj  KOJAMO.HE : JP Morgan raises price target to EUR 21.30 from EUR 18
     * Pandora  PNDORA.CO : RBC raises price target to DKK 335 from DKK 300
     * Petrofac  PFC.L : Bernstein cuts target price to 170p from 260p
     * Petrofac  PFC.L : Bernstein cuts to market-perform from outperform
     * PSP Swiss Property AG  PSPN.S : JP Morgan raises to neutral from underweight
     * PSP Swiss Property AG  PSPN.S : JP Morgan raises price target to CHF 105 from CHF 100
     * Saipem SpA  SPMI.MI : Bernstein cuts target price to EUR 2 from EUR 4.80
     * Saipem SpA  SPMI.MI : Bernstein cuts to market-perform from outperform
     * Straumann Holding AG  STMN.S : Credit Suisse raises target to CHF 1005 from CHF 870
     * Vidrala SA  VID.MC : Citigroup raises price target to EUR 86.2 from EUR 81.4
     * Zurich Insurance Group AG  ZURN.S : Jefferies cuts price target to CHF 345 from CHF 370
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))