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Europe Research Roundup: Bunzl, Carlsberg, SAP

June 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bunzl, Carlsberg and SAP, on Tuesday.

HIGHLIGHTS

* Bunzl BNZL.L: RBC cuts target price to 2350p from 2600p
* Carlsberg CARLb.CO: Morgan Stanley raises target price to DKK 955 from DKK 945
* SAP SE SAPG.DE: Piper Sandler initiates coverage with overweight rating; PT EUR 350
* Schindler Holding AG SCHP.S: Morgan Stanley cuts to underweight from equal-weight
* Yara International ASA YAR.OL: Deutsche Bank raises PT to NOK 385 from NOK 370
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
* ABB Ltd ABBN.S: Kepler Cheuvreux cuts to hold from buy
* Aker BP AKRBP.OL: Bernstein raises target price to NOK 285 from NOK 245
* Aker BP AKRBP.OL: Morgan Stanley raises target price to NOK 232 from NOK 200
* Assa Abloy ASSAb.ST: Barclays cuts target price to SEK 261 from SEK 266
* Barco NV BAR.BR: KBC Securities cuts to hold from accumulate
* Barco NV BAR.BR: KBC Securities raises target price to EUR 14 from EUR 13.4
* Beiersdorf AG BEIG.DE: Citigroup cuts target price to EUR 140 from EUR 160
* BP BP.L: Bernstein cuts target price to 510p from 650p
* Bunzl BNZL.L: RBC cuts target price to 2350p from 2600p
* Bunzl BNZL.L: RBC cuts to sector perform from outperform
* Burckhardt Compression BCHN.S: UBS raises target price to CHF 670 from CHF 655
* Carlsberg CARLb.CO: Morgan Stanley raises target price to DKK 955 from DKK 945
* Demant A/S DEMANT.CO: UBS raises target price to DKK 320 from DKK 295
* Energean Plc ENOG.L: Morgan Stanley cuts target price to 930p from 1080p
* ENI ENI.MI: Bernstein cuts target price to EUR 15.50 from EUR 17
* Equinor EQNR.OL: Bernstein cuts target price to NOK 315 from NOK 360
* Essensys Plc ESYS.L: Canaccord Genuity initiates coverage with buy rating; PT 41p
* Euronext NV ENX.PA: BofA Global Research ups PT to EUR 165 from EUR 150
* Harbour Energy Plc HBR.L: Morgan Stanley raises target price to 276p from 250p
* Holcim AG HOLN.S: RBC raises target price to CHF 99 from CHF 95
* Hornbach Holding AG & Co KGaA HBH.DE: Berenberg cuts PT to EUR 100 from EUR 103
* Icop SpA Sb ICOP.MI: Kepler Cheuvreux raises PT to EUR 15.5 from EUR 13.3
* Ithaca Energy Plc ITH.L: Morgan Stanley raises target price to 157p from 141p
* Jde Peet'S JDEP.AS: Citigroup raises target price to EUR 23.50 from EUR 20.10
* KBC Groep NV KBC.BR: Kepler Cheuvreux raises PT to EUR 101 from EUR 95.8
* Komax Holding AG KOMN.S: Baader Helvea cuts PT to CHF 120 from CHF 175
* Kuehne Und Nagel International AG KNIN.S: Jefferies cuts PT to CHF 200 from CHF 240
* Kuehne+Nagel KNIN.S: Deutsche Bank cuts target price to CHF 225 from CHF 251
* Morgan Sindall MGNS.L: Peel Hunt raises target price to 4800p from 4000p
* Ninety One Plc N91.L: JP Morgan raises target price to 178p from 132p
* Ninety One Plc N91.L: JP Morgan raises to neutral from underweight
* R&S Group Holding AG RSGN.S: Kepler Cheuvreux initiates coverage with hold rating
* R&S Group Holding AG RSGN.S: Kepler Cheuvreux initiates coverage with PT CHF 28
* Sap SE SAPG.DE: Piper Sandler initiates coverage with overweight rating; PT EUR 350
* Schindler Holding AG SCHP.S: Morgan Stanley cuts to underweight from equal-weight
* Seascape Energy Asia Plc SEASE.L: Stifel raises target price to 100p from 80p
* Shell Plc SHEL.L: Bernstein cuts target price to 3100p from 3600p
* Shell Plc SHEL.L: Bernstein cuts to market perform from outperform
* Snam SRG.MI: Berenberg raises target price to EUR 5.30 from EUR 4.90
* Stellantis NV STLAM.MI: Kepler Cheuvreux raises target price to EUR 12 from EUR 10
* Tesco TSCO.L: Kepler Cheuvreux raises target price to 400p from 347p
* Totalenergies SE TTEF.PA: Bernstein cuts target price to EUR 67 from EUR 69
* Totalenergies SE TTEF.PA: Bernstein raises to outperform from market perform
* Var Energi VAR.OL: Morgan Stanley raises target price to NOK 38.2 from NOK 35.3
* Yara International ASA YAR.OL: Deutsche Bank raises PT to NOK 385 from NOK 370
(Compiled by Bengaluru Newsroom) ((Diaries@thomsonreuters.com))

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