Europe Research Roundup: Aker BP, Hochdorf Holding, Ophir Energy

Scandinavian Tobacco A/S

11/04/2018 16:00

April 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aker BP, Hochdorf Holding and Ophir Energy, on Wednesday. 
    
    HIGHLIGHTS
     * Aker BP ASA  AKERBP.OL : Barclays cuts to equal weight from overweight
     * Hochdorf Holding AG  HOCN.S : Credit Suisse cuts to underperform from neutral
     * Lafargeholcim Ltd  LHN.S : Morgan Stanley resumes coverage with overweight rating
     * Ophir Energy Plc  OPHR.L : Barclays raises to overweight from equal weight
     * Red Electrica  REE.MC : UBS raises to neutral from sell  
 
    
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
    
     * Adidas AG  ADSGn.DE : HSBC raises target price to 245 euros from 231 euros; rating buy
     * Aker BP ASA  AKERBP.OL : Barclays cuts to equal weight from overweight
     * Aker BP ASA  AKERBP.OL : Barclays raises price target to NOK 255 from NOK 225
     * Alstom  ALSO.PA : Deutsche Bank raises target price to EUR 40 from EUR 39
     * Amiad Water Systems Ltd  AFS.L : Stifel raises price target to 200p from 180p
     * Amundi SA  AMUN.PA : Deutsche Bank cuts target price to EUR 69 from EUR 73
     * Anheuser Busch Inbev SA  ABI.BR : JP Morgan cuts target price to EUR 78 from EUR 84
     * Ashmore Group Plc  ASHM.L : Jefferies raises price target to 400p
     * Assa Abloy AB  ASSAb.ST : Deutsche Bank cuts to hold from buy
     * Associated British Foods Plc  ABF.L : Jefferies cuts price target to 3200p from 3600p
     * Beazley Plc  BEZG.L : JP Morgan raises target price to 650p from 550p
     * Beneteau SA  CHBE.PA : Portzamparc raises to accumulate from hold; target price EUR 20
     * BHP Billiton Plc  BLT.L : Deutsche Bank raises to buy from hold
     * Biocartis Group  BCART.BR : Esn/Nibc Bank N.V. starts with buy rating
     * Biocartis Group  BCART.BR : Esn/Nibc Bank N.V. starts with EUR 15.90 price target
     * BNP Paribas  BNPP.PA : Deutsche Bank cuts target price to EUR 76 from EUR 78
     * Cairn Energy Plc  CNE.L : Barclays cuts price target to 275p from 290p
     * Cancom SE  COKG.DE : Kepler Cheuvreux raises target price to 103 euros from 74 euros
     * Centrica  CNA.L : HSBC cuts to reduce; cuts target price to 120p from 150p
     * Cez  CEZP.PR : Credit Suisse raises target price to CZK 430 from CZK 345
     * Com Hem Holding AB  COMH.ST : Kepler Cheuvreux raises to buy from hold
     * Com Hem Holding AB  COMH.ST : Kepler Cheuvreux ups target price to SEK 165 from SEK 140
     * Compagnie Financiere Richemont  CFR.S : JP Morgan raises target to SFR 87 from SFR 84
     * Credit Agricole  CAGR.PA : Deutsche Bank cuts target price to EUR 15.5 from EUR 16.5
     * Cybg Plc  CYBGC.L : Deutsche Bank cuts target price to 264p from 281p
     * Danske Bank  DANSKE.CO : Kepler Cheuvreux cuts target price to DKK 253 from DKK 282
     * Drax Group Plc  DRX.L : RBC cuts target price to 370p from 400p
     * Eiffage  FOUG.PA : HSBC raises target price to 96 euros from 94 euros; rating hold
     * Elementis Plc  ELM.L : Numis raises target price to 340p from 335p
     * ElringKlinger AG  ZILGn.DE : Bankhaus Lampe cuts price target to 16 euros from 17 euros
     * ElringKlinger AG  ZILGn.DE : Bankhaus Lampe cuts to hold from buy
     * ENI  ENI.MI : Deutsche Bank raises target price to EUR 16.5 from EUR 15.5
     * ENI  ENI.MI : Deutsche Bank raises to buy from hold
     * Ericsson  ERICb.ST : Berenberg starts with hold, SEK 55 target price
     * Ericsson  ERICb.ST : Kepler Cheuvreux raises target price to SEK 51 from SEK 47
     * Erste Group Bank AG  ERST.VI : UBS raises price target to 45 euros from 41 euros
     * Euskaltel SA  EKTL.MC : Barclays cuts price target to 7 euros from 7.50 euros
     * Evolis  ALTVO.PA : Midcap Partners cuts target price to EUR 48 from EUR 52, rating buy
     * Faroe Petroleum Plc  FPM.L : Barclays cuts to underweight from overweight
     * Faroe Petroleum Plc  FPM.L : Barclays raises price target to 125p from 105p
     * Flow Traders NV  FLOW.AS : Credit Suisse raises target price to EUR 36.50 from EUR 21
     * Gazprom Neft' Pao  SIBN.MM : Deutsche Bank raises target to 350 Roubles from 325 Roubles
     * Gazprom Pao  GAZP.MM : Deutsche Bank raises target price to 220 Roubles from 210 Roubles
     * Handelsbanken  SHBa.ST : Kepler Cheuvreux cuts target price to SEK 91 from SEK 105
     * Hargreaves Lansdown Plc  HRGV.L : Jefferies cuts price target to 1500p
     * Hargreaves Lansdown Plc  HRGV.L : Jefferies raises rating to hold
     * Heidelberger Druckmaschinen  HDDG.DE : Independent Research ups target to EUR 3.70; buy
     * Hellofresh SE  HFGG.DE : JP Morgan raises target price to EUR 13 from EUR 12
     * Hiscox Ltd  HSX.L : JP Morgan raises target price to 1750p from 1550p
     * Hochdorf Holding AG  HOCN.S : Credit Suisse cuts price target to SFR 225 from SFR 290
     * Hochdorf Holding AG  HOCN.S : Credit Suisse cuts to underperform from neutral
     * HSBC Holdings Plc  HSBA.L : Deutsche Bank cuts target price to 680p from 700p
     * Immofinanz  IMFI.VI : Kepler Cheuvreux raises target price to 2.6 euros from 2.45 euros
     * International Petroleum  IPCOR.ST : Barclays raises price target to SEK 48 from SEK 39
     * Intertek Group Plc  ITRK.L : Redburn raises to buy
     * Jacquet Metal Service  JCQ.PA : Portzamparc raises target to EUR 35 from EUR 33; buy
     * Jupiter Fund Management Plc  JUP.L : Jefferies cuts price target to 498p
     * Lafargeholcim Ltd  LHN.S : Morgan Stanley resumes coverage with overweight rating
     * Lafargeholcim Ltd  LHN.S : Morgan Stanley resumes coverage with price target SFR 61
     * Lancashire Holdings Ltd  LRE.L : JP Morgan raises target price to 690p from 650p
     * Lloyds Banking Group Plc  LLOY.L : Deutsche Bank cuts target price to 78p from 80p
     * Lonmin Plc  LMI.L : Deutsche Bank cuts target price to 60p from 85p
     * Lukoil  LKOH.MM : Deutsche Bank raises target price to 4900 Roubles from 4400 Roubles
     * Lundin Petroleum AB  LUPE.ST : Barclays raises price target to SEK 265 from SEK 200
     * LVMH  LVMH.PA : Credit Suisse raises target price to EUR 290 from EUR 250
     * LVMH  LVMH.PA : JP Morgan raises target price to EUR 280 from EUR 275
     * LVMH  LVMH.PA : UBS raises price target to 305 euros from 285 euros
     * Man Group Plc  EMG.L : Jefferies cuts price target to 210p
     * Man Group Plc  EMG.L : Jefferies raises rating to buy
     * Masmovil Ibercom SA  MASM.MC : Barclays raises price target to 140 euros from 88 euros
     * McCarthy & Stone Plc  MCS.L : Deutsche Bank cuts target price to 189p from 196p
     * Melexis NV  MLXS.BR : Berenberg raises to buy from hold
     * Millicom  MICsdb.ST : RBC raises price target to SEK 640 from SEK 625
     * Natixis  CNAT.PA : Deutsche Bank cuts target price to EUR 7.6 from EUR 8.1
     * Nokia Oyj  NOKIA.HE : Berenberg starts with buy, EUR 5.5 target price
     * Norwegian Air Shuttle ASA  NWC.OL : HSBC cuts TP to NOK 45 from NOK 50; reduce
     * Novartis AG  NOVN.S : HSBC cuts target price to SFR 84 from SFR 89
     * Novatek  NVTKq.L : Deutsche Bank raises target price to $200 from $180
     * Ophir Energy Plc  OPHR.L : Barclays cuts price target to 75p from 85p
     * Ophir Energy Plc  OPHR.L : Barclays raises to overweight from equal weight
     * Panalpina Welttransport Holding  PWTN.S : HSBC raises to hold from reduce
     * Panalpina Welttransport Holding  PWTN.S : HSBC ups target price to SFR 129 from SFR 123
     * Premier Oil Plc  PMO.L : Barclays raises price target to 85p from 58p
     * Premier Oil Plc  PMO.L : Barclays raises to equal weight from underweight
     * Purecircle Ltd  PURE.L : Numis starts with buy rating; 500p price target
     * Red Electrica  REE.MC : UBS cuts price target to 16.10 euros from 16.50 euros
     * Red Electrica  REE.MC : UBS raises to neutral from sell
     * Remy Cointreau  RCOP.PA : JP Morgan cuts to neutral from overweight
     * Remy Cointreau  RCOP.PA : JP Morgan raises target price to EUR 118 from EUR 113
     * Retail Estates NV  RETE.BR : Degroof Petercam cuts price target by 3 euros to 81 euros
     * Rieter Holding AG  RIEN.S : Credit Suisse cuts price target to SFR 260 from SFR 280
     * Ringkjoebing Landbobank: Handelsbanken Capital Markets ups TP to DKK 363; accumulate
     * Rosneft  ROSN.MM : Deutsche Bank raises target price to 450 Roubles from 430 Roubles
     * Royal Bank of Scotland  RBS.L : Deutsche Bank cuts target price to 304p from 305p
     * Saint-Gobain  SGOB.PA : Raymond James raises price target to 55 euros from 54 euros
     * Saint-Gobain  SGOB.PA : Raymond James raises to strong buy from outperform
     * Saipem SpA  SPMI.MI : Barclays cuts price target to 3.80 euros from 4 euros
     * Sandvik AB  SAND.ST : Deutsche Bank raises target price to SEK 150 from SEK 145
     * Savannah Petroleum Plc  SAVP.L : Barclays cuts price target to 36p from 41p
     * Sberbank  SBER.MM : Morgan Stanley cuts target price to RUB 282 from RUB 360
     * Sberbank  SBER.MM : Morgan Stanley cuts to equal weight from overweight
     * Scandinavian Tobacco  STOGR.CO : JP Morgan cuts target price to DKR 122 from DKR 132
     * Schroders Plc  SDR.L : Jefferies cuts price target to 3914p
     * SEB AB  SEBa.ST : Kepler Cheuvreux cuts target price to SEK 85 from SEK 95
     * SKF  SKFb.ST : Deutsche Bank raises target price to SEK 210 from SEK 206
     * SKF  SKFb.ST : Deutsche Bank raises to buy from hold
     * SKF  SKFb.ST : JP Morgan raises target price to SKR 180 from SKR 175
     * Societe Generale SA  SOGN.PA : Deutsche Bank cuts target price to EUR 48 from EUR 49
     * St. James's Place Plc  SJP.L : Barclays raises price target to 1375p from 1363p
     * Standard Chartered Plc  STAN.L : Deutsche Bank raises target price to 680p from 653p
     * Stratec Biomedical AG  SBSG.DE : Deutsche Bank raises TP to EUR 71 from EUR 62
     * Suedzucker  SZUG.DE : Bankhaus Lampe cuts price target to 18 euros from 21 euros
     * Suess Microtec SE  SMHNn.DE : ESN/Equinet Bank cuts target to EUR 13.80 from EUR 14.30
     * Suess Microtec SE  SMHNn.DE : ESN/Equinet Bank raises to accumulate from reduce
     * Surgutneftegaz  SNGS_p.MM : Deutsche Bank raises target to 37 Roubles from 36.5 Roubles
     * Surgutneftegaz Oao  SNGS.MM : Deutsche Bank ups target to 33.5 Roubles from 33 Roubles
     * Swedish Match AB  SWMA.ST : JP Morgan raises target price to SKR 345 from SKR 330
     * Takeaway.Com NV  TKWY.AS : JP Morgan cuts target price to EUR 50.90 from EUR 52
     * Tatneft  TATN.MM : Deutsche Bank raises target price to 585 Roubles from 525 Roubles
     * TCS Group Holding Plc  TCSq.L : Morgan Stanley cuts target price to $21.4 from $26.5
     * TCS Group Holding Plc  TCSq.L : Morgan Stanley cuts to equal weight from overweight
     * Tele2 AB  TEL2b.ST : Kepler Cheuvreux raises target price to SEK 125 from SEK 110
     * Tele2 AB  TEL2b.ST : Kepler Cheuvreux raises to buy from hold
     * Telefonica  TEF.MC : Barclays raises price target to 9.30 euros from 9 euros
     * Tesco Plc  TSCO.L : Barclays raises price target to 265p from 255p
     * TESCO PLC  TSCO.L : CFRA Research raises target price to 200p from 190p
     * Thales  TCFP.PA : ESN/CM CIC market Solutions raises to buy from accumulate
     * Tokmanni Group Oyj  TOKMAN.HE : Evli cuts price target to 9 euros from 9.5 euros
     * Topps Tiles Plc  TPT.L : Canaccord Genuity cuts price target to 84p from 90p
     * Total SA  TOTF.PA : Deutsche Bank cuts to hold from buy
     * Transneft  TRNF_p.MM : Deutsche Bank ups target to 260,000 Roubles from 250,000 Roubles
     * Tullow Oil Plc  TLW.L : Barclays raises price target to 215p from 190p
     * UBM Development  UBMV.VI : Kepler Cheuvreux ups target price to 45 euros from 42 euros
     * Varta AG  VAR1.DE : Kepler Cheuvreux cuts target price to 21.5 euros from 22 euros
     * Vinci  SGEF.PA : HSBC raises target price to 97 euros from 94 euros; rating buy
     * Virgin Money Holdings (UK) Plc  VM.L : Deutsche Bank cuts TP to 251p from 305p
     * Worldline SA  WLN.PA : Bryan Garnier raises fair value to 43 euros from 42 euros
 

    

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