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EUROPE RESEARCH ROUNDUP-Ergomed, PNE AG, Societe Generale SA

Aug 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ergomed, PNE AG and Societe Generale SA, on Thursday. 

    HIGHLIGHTS
     * Ergomed Plc  ERGO.L : Berenberg initiates coverage with buy rating
     * PNE AG  PNEGn.DE : Baader Helvea cuts to reduce from add
     * Societe Generale SA  SOGN.PA : Credit Suisse raises target price to EUR 40 from EUR 38 
 
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     * Bank of Ireland Group Plc  BIRG.I : JP Morgan raises price target to EUR 7 from EUR 6 
     * Believe SA  BLV.PA : JP Morgan raises target price to EUR 11.6 from EUR 10 
     * Ergomed Plc  ERGO.L : Berenberg initiates coverage with buy rating
     * Ergomed Plc  ERGO.L : Berenberg initiates coverage with price target 1,450p 
     * Ferrexpo  FXPO.L : JP Morgan cuts price target to 160p from 210p 
     * Grifols  GRLS.MC : Berenberg cuts target price to EUR 26.40 from EUR 27.05 
     * Hiscox  HSX.L : JP Morgan cuts price target to 880p from 900p 
     * Infineon Technologies AG  IFXGn.DE : Cowen and Company raises PT to EUR 36 from EUR 32 
     * Infineon Technologies AG  IFXGn.DE : Credit Suisse cuts PT to EUR 45.30 from EUR 48.40 
     * OC Oerlikon Corporation AG Pfaeffikon  OERL.S : Credit Suisse ups PT to CHF 10 from CHF 9.8 
     * PNE AG  PNEGn.DE : Baader Helvea cuts to reduce from add
     * PNE AG  PNEGn.DE : Baader Helvea raises target price to EUR 14.50 from EUR 8.20 
     * Rentokil  RTO.L : JP Morgan raises price target to 600p from 590p 
     * Siltronic AG  WAFGn.DE : Berenberg cuts target price to EUR 95 from EUR 115 
     * Smith+Nephew Plc  SN.L : Credit Suisse cuts target price to 1,400p from 1,540p 
     * Societe Generale SA  SOGN.PA : Credit Suisse raises target price to EUR 40 from EUR 38 
     * Societe Generale SA  SOGN.PA : JP Morgan raises price target to EUR 35 from EUR 32 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))

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