Europe Research Roundup: BHP Billiton, Carrefour, Hannover Re, Glencore Xstrata
19/02/2014 10:28
Feb 19 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Renault and Marks and Spencer, on Wednesday.
HIGHLIGHTS
* Renault RENA.PA : Barclays raises target to 91 euros from 69 euros; rating overweight
* Marks and Spencer MKS.L : Jefferies raises to buy from hold; target to 600p from 480p
* MTU Aero Engines MTXGn.DE : SocGen cuts to hold from buy
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. See bottom of the table for sector changes.
* Arseus Nv RCUS.BR : Jefferies raises target price to 34 euros from 28 euros; rating buy
* Carl Zeiss AFXG.DE : Jefferies ups target to 19.80 euros from 19.50 euros; underperform
* Hutchison China MediTech HCM.L : UBS raises target price to 820p from 760p; rating buy
* InterContinental Hotels IHG.L : Barclays cuts target to 1900p from 1930p; equal weight
* Marks and Spencer MKS.L : Jefferies raises to buy from hold
* Marks and Spencer MKS.L : Jefferies raises target price to 600p from 480p
* Morgan Advanced Materials MGAMM.L : Jefferies raises target to 370p from 360p; buy
* MTU Aero Engines MTXGn.DE : SocGen cuts to hold from buy
* Nobel Biocare NOBN.S : Jefferies cuts target price to Sfr 12.60 from Sfr 13; rating hold
* Renault RENA.PA : Barclays raises target to 91 euros from 69 euros; rating overweight
* Rexel SA RXL.PA : Morgan Stanley cuts target to 20.70 euros from 22 euros; overweight
(Reporting by Eileen Anupa Soreng in Bangalore)
((eileen.soreng@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. + 91 80 6749
6131)(Reuters messaging: eileen.soreng.thomsonreuters.com@reuters.net))
Keywords: RESEARCH EUROPE/