Europe Research Roundup: Atlas Copco, Lloyds, Poste Italiane

Rio Tinto

Yesterday 08:24

June 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Atlas Copco, Lloyds and Poste Italiane, on Wednesday.
     
HIGHLIGHTS
     
* Atlas Copco ATCOa.ST: Citigroup raises target price to SEK 242 from SEK 204 
* Howden Joinery HWDN.L: Berenberg raises target price to 1075p from 1000p 
* Lloyds LLOY.L: Berenberg initiates coverage with hold rating
* Natwest Group Plc NWG.L: Berenberg initiates coverage with target price 860p  
* Poste Italiane PST.MI: Barclays raises to overweight from equal-weight 
 
 Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. 
 

* Alfa Laval ALFA.ST: Deutsche Bank raises target price to SEK 580 from SEK 570 
* Antofagasta Plc ANTO.L: HSBC raises target price to 3050p from 2600p 
* AP Moeller Maersk A/S MAERSKb.CO: Morgan Stanley raises PT to DKK 10000 from DKK 8900 
* Atlas Copco ATCOa.ST: Citigroup raises target price to SEK 242 from SEK 204 
* Barclays BARC.L: Berenberg initiates coverage with target price 620p 
* Beauty Tech Group Plc TBTG.L: Peel Hunt initiates coverage with buy rating
* Beauty Tech Group Plc TBTG.L: Peel Hunt initiates coverage with target price 470p 
* Biomérieux BIOX.PA: Barclays cuts target price to EUR 80 from EUR 90 
* BNP Paribas BNPP.PA: BofA Global Research raises PO to EUR 128 from EUR 110 
* Bunzl BNZL.L: Barclays raises target price to 2650p from 2250p 
* Burberry Group BRBY.L: HSBC cuts target price to 1400p from 1525p 
* Caixabank CABK.MC: Goldman Sachs raises target price to EUR 12.9 from EUR 11.5 
* Comet Holding AG COTNE.S: BofA Global Research raises PO to CHF 286 from CHF 239 
* Danske Bank DANSKE.CO: Morgan Stanley raises target price to DKK 375 from DKK 368 
* EasyJet Plc EZJ.L: Morgan Stanley raises target price to 310p from 280p 
* Essilorluxottica ESLX.PA: Deutsche Bank cuts target price to EUR 181 from EUR 183 
* Foresight Environmental Infrastructure Ltd FGENF.L: Panmure Liberum raises target price to 92p from 73p
* Harbour Energy Plc HBR.L: Canaccord Genuity cuts target price to 425p from 450p
* Holcim AG HOLN.S: Jefferies raises target price to CHF 78.4 from CHF 77 
* Howden Joinery HWDN.L: Berenberg raises target price to 1075p from 1000p 
* Inficon Holding AG IFCN.S: BofA Global Research raises PO to CHF 116 from CHF 111 
* Informa INF.L: Bernstein cuts target price to 1015p from 1033p 
* Informa Plc INF.L: Barclays raises target price to 1030p from 1020p 
* Init Innovation In Traffic Systems SE IXXG.DE: Berenberg cuts target price to EUR 67.5 from EUR 70 
* Kering PRTP.PA: TD Cowen cuts target price to EUR 290 from EUR 300 
* Kuehne+Nagel KNIN.S: UBS raises target price to CHF 179 from CHF 177 
* Liontrust Asset Management Plc LIO.L: Berenberg raises target price to 410p from 270p 
* Liontrust Asset Management Plc LIO.L: Berenberg raises to buy from hold
* Lloyds LLOY.L: Berenberg initiates coverage with hold rating
* Lloyds LLOY.L: Berenberg initiates coverage with target price 117p 
* L'Oreal OREP.PA: Jefferies raises target price to EUR 328 from EUR 323 
* Medincell SA MEDCL.PA: Jefferies cuts target price to EUR 38 from EUR 43 
* Mitie Group Plc MTO.L: Berenberg raises target price to 230p from 215p 
* Natwest Group Plc NWG.L: Berenberg initiates coverage with buy rating
* Natwest Group Plc NWG.L: Berenberg initiates coverage with target price 860p 
* Oerlikon OERL.S: UBS raises target price to CHF 3.8 from CHF 3.55 
* Pennon Group PNN.L: Morgan Stanley cuts target price to 650p from 680p 
* Playtech PTEC.L: Panmure Liberum initiates coverage with buy rating
* Playtech PTEC.L: Panmure Liberum initiates coverage with target price 459p 
* Poste Italiane PST.MI: Barclays raises target price to EUR 35.2 from EUR 21.6 
* Poste Italiane PST.MI: Barclays raises to overweight from equal-weight 
* Richemont CFR.S: Jefferies raises target price to CHF 200 from CHF 165 
* Rio Tinto RIO.L: HSBC raises target price to 7850p from 7100p 
* Sage Group SGE.L: JP Morgan cuts target price to 1000p from 1100p 
* Skandinaviska Enskilda Banken SEBa.ST: Morgan Stanley cuts PT to SEK 171 from SEK 175 
* St James's Place SJP.L: Deutsche Bank raises target price to 2050p from 2000p 
* Telecom Plus TEP.L: BofA Global Research cuts price objective to 900p from 2103p 
* Weir Group WEIR.L: JP Morgan raises target price to 3800p from 3500p 
* WH Smith Plc SMWH.L: Canaccord Genuity cuts target price to 555p from 680p



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