Europe Research Roundup: Aker BP, Metro Bank, Petrofac
11/02/2019 07:03
Feb 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aker BP ASA, Metro Bank and Petrofac, on Monday.
HIGHLIGHTS
* Aker BP ASA AKERBP.OL : Jefferies raises price target to NOK 340 from NOK 325
* Metro Bank Plc MTRO.L : Berenberg raises to hold from sell
* Petrofac Ltd PFC.L : JP Morgan cuts to neutral from overweight
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Aker BP ASA AKERBP.OL : Jefferies raises price target to NOK 340 from NOK 325
* Aviva Plc AV.L : Jefferies cuts price target to 500p from 604p
* Barclays Plc BARC.L : Jefferies raises price target to 263p from 262p
* BMW BMWG.DE : JP Morgan cuts price target to 70 euros from 75 euros
* BP Plc BP.L : JP Morgan raises price target to 600p from 560p
* Cobham Plc COB.L : Morgan Stanley cuts target price to 133p from 150p
* Daimler AG DAIGn.DE : JP Morgan cuts price target to 69 euros from 77 euros
* DKSH Holding AG DKSH.S : Credit Suisse cuts price target to SFR 60 from SFR 65
* Essentra Plc ESNT.L : Jefferies cuts price target to 430p from 470p
* Hermes HRMS.PA : RBC raises price target to EUR 510 from EUR 505
* Intesa Sanpaolo SpA ISP.MI : JP Morgan cuts price target to 2.30 euros from 2.50 euros
* Is Bankasi ISCTR.IS : JP Morgan raises price target to TL 7.60 from TL 7.20
* L'Oreal OREP.PA : Jefferies raises price target to 200 euros from 186 euros
* Lundin Petroleum AB LUPE.ST : Jefferies raises price target to SEK 340 from SEK 320
* Metro Bank Plc MTRO.L : Berenberg cuts price target to 1200p from 2500p
* Metro Bank Plc MTRO.L : Berenberg raises to hold from sell
* Petrofac Ltd PFC.L : JP Morgan cuts price target to 500p from 660p
* Petrofac Ltd PFC.L : JP Morgan cuts to neutral from overweight
* Rieter Holding AG RIEN.S : Credit Suisse cuts price target to SFR 180 from SFR 190
* Sdcl Energy Efficiency Income Trust SEIT.L : Jefferies initiates coverage with buy rating
* Smith & Nephew Plc SN.L : JP Morgan raises price target to 1516p from 1477p
* Smurfit Kappa Group SKG.I : Credit Suisse cuts price target to 35 euros from 40 euros
* Societe Generale SOGN.PA : JP Morgan cuts price target to 29 euros from 34 euros
* Tarkett SA TKTT.PA : JP Morgan cuts price target to EUR 18 from EUR 19
* Telekom Austria AG TELA.VI : Jefferies cuts price target to 7.16 euros from 7.20 euros
* TUI AG TUIT.L : Berenberg cuts price target to 1500p from 1650p
* Umicore SA UMI.BR : CFRA cuts price target to EUR 35 from EUR 37
* Unicredit CRDI.MI : JP Morgan cuts price target to 15 euros from 17 euros
* Yara International ASA YAR.OL : JP Morgan cuts price target to NOK 400 from NOK 425
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))