Europe Research Roundup: Baloise Holding, EDF, HSBC Holdings

Quest for Growth NV

04/07/2017 07:58

July 4 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Electrocomponents, Stockmann Oyj Abp and Zurich Insurance Group, 
on Tuesday.  
     
    HIGHLIGHTS 
     * Baloise Holding Ltd  BALN.S : HSBC cuts to reduce from hold 
     * EDF  EDF.PA : HSBC cuts to reduce from hold, cuts target price to EUR 8.4 from EUR 8.6 
     * HSBC Holdings Plc  HSBA.L : Berenberg cuts to hold from buy 
               
Following is a summary of research actions on European companies reported by Reuters on Tuesday. 
Stock entries are in alphabetical order. 
 
     * Baloise Holding Ltd  BALN.S : HSBC cuts to reduce from hold 
     * Baloise Holding Ltd  BALN.S : HSBC raises target price to SFR 136 from SFR 132 
     * Betsson AB  BETSb.ST : Berenberg starts with hold, SEK 75 target price 
     * EDF  EDF.PA : HSBC cuts to reduce from hold, cuts target price to EUR 8.4 from EUR 8.6 
     * Electrocomponents Plc  ECM.L : Jefferies raises target price to 530p from 510p 
     * Euler Hermes Group SA  ELER.PA : Exane BNP Paribas cuts to neutral from outperform 
     * Euronext NV  ENX.PA : Credit Suisse raises target price to EUR 51 from EUR 45 
     * Eutelsat  ETL.PA : Berenberg raises target price to EUR 21.8 from EUR 18.5 
     * Fortum Oyj  FORTUM.HE : Inderes cuts to reduce from increase; target price EUR 14.0 
     * Gimv NV  GIMV.BR : ING raises target price to EUR 49 from EUR 47.5 
     * Groupe Bruxelles Lambert SA  GBLB.BR : ING raises target price to EUR 96 from EUR 89 
     * GVC Holdings Plc  GVC.L : Berenberg raises target price to 920p from 900p 
     * H&M  HMb.ST : Berenberg cuts target price to SEK 190 from SEK 210 
     * HSBC Holdings Plc  HSBA.L : Berenberg cuts to hold from buy 
     * Huntsworth Plc  HNTS.L : Investec raises target price to 73p from 65p 
     * Hydrodec Group Plc  HYR.L : Canaccord Genuity cuts target price to 3p from 4p 
     * Kindred Group Plc  KINDsdb.ST : Berenberg starts with sell, SEK 80 target PRICE 
     * Leonteq AG  LEON.S : Credit Suisse raises target price to SFR 38 from SFR 28.5 
     * Marshall Motor Holdings Plc  MMHM.L : Investec raises target price to 255p from 240p 
     * Quest For Growth NV  QUFG.BR : ING raises target price to EUR 8.7 from EUR 7.6 
     * Sanofi  SASY.PA : Credit Suisse raises target price to EUR 95 from EUR 85 
     * Saras SpA  SRS.MI : Barclays raises target price to EUR 2.2 from EUR 2 
     * Segro Plc  SGRO.L : HSBC raises target price to 513p from 487p 
     * SIG Plc  SHI.L : Deutsche Bank raises target price to 155p from 100p 
     * Stockmann Oyj Abp  STCBV.HE : Inderes raises rating to increase from reduce 
     * Stockmann Oyj Abp  STCBV.HE : Inderes raises target price to EUR 8.0 from EUR 7.4 
     * Swiss Life Holding AG  SLHN.S : HSBC raises target price to SFR 290 from SFR 255 
     * Swiss Re AG  SRENH.S : HSBC cuts target price to SFR 103 from SFR 106 
     * XLMedia Plc  XLM.L : Berenberg raises target price to 170p from 150p 
     * Zurich Insurance Group AG  ZURN.S : HSBC raises target price to SFR 320 from SFR 307 
   
     
     
     
 
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Keywords: RESEARCH EUROPE/