Europe Research Roundup: Ericsson, Safecharge International Group, Serco Group

SBO AG

24/05/2019 08:14

May 24 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ericsson, Safecharge International Group and Serco Group, on
Friday. 
    
  HIGHLIGHTS  
     * Ericsson  ERICb.ST : Credit Suisse raises to outperform from neutral
     * Safecharge International Group  SCHS.L : Berenberg cuts to hold from buy
     * Serco Group Plc  SRP.L : Liberum raises to buy from hold
     * Weir Group Plc  WEIR.L : Morgan Stanley raises target price to 1940p from 1910p
 Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
     * AstraZeneca Plc  AZN.L : Jefferies cuts target price to 6350p from 6400p
     * Diageo Plc  DGE.L : Deutsche Bank raises price target to 3450p from 3100p
     * Elis SA  ELIS.PA : Deutsche Bank raises price target to 16 euros from 15.50 euros
     * Ericsson  ERICb.ST : Credit Suisse raises price target to SEK 107 from SEK 90
     * Ericsson  ERICb.ST : Credit Suisse raises to outperform from neutral
     * Liberbank SA  LBK.MC : Deutsche Bank cuts price target to 0.50 euros from 0.54 euros
     * Norma Group SE  NOEJ.DE : Jefferies cuts target price to EUR 53 from EUR 55
     * Paypoint Plc  PAYP.L : Jefferies raises price target to 1,280p from 1,100p
     * Sabre Insurance Group Plc  SBRE.L : Berenberg cuts price target to 295p from 300p
     * Safecharge International Group  SCHS.L : Berenberg cuts to hold from buy
     * Safecharge International Group  SCHS.L : Berenberg raises target price to 436p from 350p
     * Salmar ASA  SALM.OL : Berenberg cuts target price to NOK 440 from NOK 470
     * Sanne Group  SNNS.L : Liberum cuts to hold from buy; raises price target to 705p from 625p
     * Schoeller Bleckmann Oilfield Equipment AG  SBOE.VI : Deutsche Bank cuts target to 90 euros 
     * Serco Group Plc  SRP.L : Liberum raises target price to 150p from 130p
     * Serco Group Plc  SRP.L : Liberum raises to buy from hold
     * Shell  RDSa.L : Jefferies raises target price to 3000p from 2950p
     * Sonova Holding AG  SOON.S : Morgan Stanley raises target price to SFR 201 from SFR 186
     * Straumann Holding AG  STMN.S : Jefferies raises price target to CHF 970 from CHF 755
     * U and I Group Plc  UAI.L : Liberum cuts target price to 250p from 280p
     * Weir Group Plc  WEIR.L : Morgan Stanley raises target price to 1940p from 1910p
 

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