EUROPE RESEARCH ROUNDUP: Allianz, Suez Environnement, Volkswagen
27/02/2013 08:31
Feb 27 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Allianz, Robert Walters and Suez Environnement, on Wednesday.
HIGHLIGHTS
* Robert Walters Plc : Berenberg raises to hold from sell
* Allianz SE : Berenberg raises target to 132 euros from 124 euros; rating buy
* Suez Environnement : Nomura ups target to 12.60 euros from 12 euros
* Volkswagen AG : HSBC cuts target to 188 euros from 202 euros; rating overweight
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Aalberts Industries NV : ING raises target to 18.50 euros from 18 euros
* Allianz SE : Berenberg raises target to 132 euros from 124 euros; rating buy
* BASF SE : SocGen raises target price to 72 euros from 61 euros; rating hold
* Bunzl PLC : Jefferies raises target price to 990p from 880p; rating underperform
* CRH PLC : Jefferies cuts target price to 20 euros from 22 euros; rating buy
* CSR PLC : N+1 Singer raises target price to 465p from 365p; rating hold
* Dechra Pharmaceuticals : N+1 Singer raises target to 760p from 700p; rating buy
* Deutsche Euroshop : HSBC raises target to 33 euros from 30 euros; rating neutral
* DIC Asset AG : HSBC raises target to 10.30 euros from 10 euros; rating overweight
* Electricite de France : Nomura raises target to 19 euros from 18.75 euros
* Fresenius Medical Care : Piper Jaffray cuts target to $34 from $37;
* GKN PLC : Nomura raises target price to 260p from 245p; rating neutral
* GKN PLC : Investec raises price target to 300p from 275p; rating buy
* Interserve PLC : Liberum raises target price to 500p from 450p; rating buy
* Kerry Group PLC : SocGen raises target to 39 euros from 37 euros; rating sell
* Lisi SA : HSBC raises target price to 81 euros from 74 euros; rating overweight
* NSI NV : ING cuts target price to 6 euros from 6.55 euros; rating hold
* OMV AG : Nomura raises target price to 29 euros from 27 euros; rating neutral
* Robert Walters Plc : Berenberg raises to hold from sell; target to 200p from 175p
* Sandvik AB : HSBC raises target price to Sek 135 from Sek 115; rating overweight
* Senior PLC : Liberum raises target price to 280p from 240p; rating buy
* Serco Group : HSBC cuts to neutral from overweight; cuts target to 590p from 635p
* Schindler Holding Ltd : HSBC starts with overweight rating; target of Sfr 175
* Standard Life PLC : Investec raises target price to 373p from 279p; rating buy
* Suez Environnement : Nomura ups target to 12.60 euros from 12 euros
* Telenor ASA : Berenberg raises target price to Nok 140 from Nok 138; rating buy
* Thorntons PLC : Investec raises to buy from hold; price target to 80p from 45p
* Unibail-Rodamco : Jefferies ups target to 185 euros from 167 euros; rating hold
* Volkswagen AG : HSBC cuts target to 188 euros from 202 euros; rating overweight
(Compiled by Tej Sapru in Bangalore)
((tej.sapru@thomsonreuters.com)(within U.S. +1 646 223 8780 outside U.S. +91 80 4135
5800)(Reuters Messaging: tej.sapru.thomsonreuters.com@reuters.net))
Keywords: RESEARCH EUROPE/