Europe Research Roundup: Chemring Group, Julius Baer, Big Yellow Group
22/06/2016 08:13
June 22 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Majestic Wine, Julius Baer and Whitbread, on Wednesday.
HIGHLIGHTS
* Chemring Group Plc CHG.L : Panmure raises to hold from sell
* Julius Baer BAER.S : Citigroup raises to buy from neutral
* Whitbread Plc WTB.L : Stifel cuts to hold from buy
* Schindler Holding AG SCHN.S : RBC raises to sector perform from underperform
* Big Yellow Group Plc BYG.L : JP Morgan cuts to underweight
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Alpha Bank SA ACBr.AT : HSBC raises price target to 3.03 euros; rating buy
* ArcelorMittal SA ISPA.AS : Citigroup raises target price to 5.6 euros; rating buy
* Aviva Plc AV.L : Bernstein cuts price target to 510p from 535p
* BHP BILJ.J : Barclays raises target price to 193 Rand from 185 Rand
* BHP Billiton Plc BLT.L : Barclays raises target price to 925p from 875p
* Big Yellow Group Plc BYG.L : JP Morgan cuts to underweight; ups target price to 865p
* British Land Company Plc BLND.L : JP Morgan cuts target price to 900p from 950p
* Capital & Counties CAPCC.L : JP Morgan cuts target price to 330p from 490p
* Centamin CEY.L : Jefferies starts with hold; price target 115p
* Chemring Group Plc CHG.L : Panmure raises to hold from sell
* Colruyt COLR.BR : Barclays raises target price to 39 euros from 36.50 euros
* Colruyt NV COLR.BR : KBC cuts to reduce from hold
* Daily Mail and General DMGOa.L : Jefferies cuts target price to 736p; rating buy
* Deutsche Euroshop AG DEQGn.DE : JP Morgan raises price target to 46 euros from 42 euros
* Dixons Carphone Plc DC.L : HSBC starts with buy; target price 460p
* EDP Renovaveis EDPR.LS : RBC raises price target to 8 euros from 7.50 euros
* Firstgroup Plc FGP.L : Goldman Sachs raises price target to 163p from 160p
* Genmab GEN.CO : Jefferies raises price target to Dkk 1, 400 from Dkk 1, 150
* Grainger Plc GRI.L : JP Morgan raises to overweight; raises target price to 285p
* Grand City Properties SA GYC.DE : JP Morgan raises to overweight from neutral
* Great Portland Estates Plc GPOR.L : JP Morgan cuts target price to 940p from 975p
* Henkel & Co KGaA HNKG_p.DE : Berenberg raises target to 117 euros from 115 euros; buy
* Intercontinental Hotels IHG.L : Goldman Sachs cuts to neutral
* Intercontinental Hotels IHG.L : Goldman Sachs removes from Pan-Europe buy list
* Intercontinental Hotels IHG.L : Goldman Sachs cuts target price to 3090p from 3440p
* Investec Plc INVP.L : Deutsche Bank cuts price target to 580p from 610p
* Julius Baer BAER.S : Citigroup raises target price to Sfr 51 from Sfr 45
* Julius Baer BAER.S : Citigroup raises to buy from neutral
* Kion Group AG KGX.DE : HSBC raises price target to 62 euros from 57 euros
* Land Securities Group Plc LAND.L : JP Morgan cuts target price to 1,450p from 1,00p
* Londonmetric LMPL.L : JP Morgan cuts target price to 180p from 190p
* Majestic Wine MJW.L : Canaccord Genuity cuts to sell from hold
* Majestic Wine MJW.L : Canaccord Genuity cuts target to 405p from 310p
* Pearson PSON.L : Barclays raises target price to 825p from 815p
* Petrofac Ltd PFC.L : Exane BNP Paribas cuts price target to 830p ; rating neutral
* Piraeus Bank SA BOPr.AT : HSBC raises price target to 0.3 euros from 0.27 euros
* Prosiebensat 1 PSMGn.DE : JP Morgan cuts to underweight from neutral
* Rolls-Royce Holdings Plc RR.L : Bernstein raises price target to 511p from 500p
* Safestore Holdings SAFE.L : Investec raises price target to 450p from 445p; rating buy
* Safestore Holdings Plc SAFE.L : Stifel raises to buy from hold
* Schindler Holding AG SCHN.S : RBC raises target price to Sfr 185 from Sfr 170
* Schindler Holding AG SCHN.S : RBC raises to sector perform from underperform
* Senior Plc SNR.L : JP Morgan cuts to neutral from overweight
* Sif Group SIFG.AS : HSBC starts with buy; target price 20 euros
* Swatch Group SA UHR.VX : Vontobel cuts price target to Sfr 320 from Sfr 370
* Synthomer Plc SYNTS.L : UBS cuts to sell; target price to 300p from 310p
* Telecom Italia SpA TLIT.MI : Credit Suisse cuts price target to 1 euro from 1.20 euros
* Tlg Immobilien AG TLGG.DE : JP Morgan raises price target to 22 euros from 21.75 euros
* Tryg A/S TRYG.CO : UBS cuts price target to Dkk 127 from Dkk 135; rating neutral
* U and I Group Plc UAI.L : JP Morgan raises to overweight; cuts target price to 245p
* Valmet Corp VALMT.HE : Berenberg raises price target to 14.5 euros from 11.5 euros
* Vedanta Resources Plc VED.L : Canaccord Genuity starts with hold; target price 400p
* Whitbread Plc WTB.L : Stifel cuts to hold from buy
(Compiled by Geetha Panchaksharam in Bengaluru)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/