Europe Research Roundup: Bayer, Sirius Minerals, WM Morrison Supermarkets

SGL Carbon SE

07/08/2019 08:18

Aug 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bayer AG, Sirius Minerals and Varta AG, on Wednesday. 
    
    HIGHLIGHTS  
     * Bayer AG  BAYGn.DE : Liberum cuts target price to EUR 87 from EUR 90
     * Sirius Minerals Plc  SXX.L : Berenberg cuts to hold from buy
     * WM Morrison Supermarkets Plc  MRW.L : Citigroup cuts target price to 205p from 230p
     
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * Bankinter SA  BKT.MC : Citigroup cuts target price to EUR 6.20 from EUR 6.60
     * Bayer AG  BAYGn.DE : Liberum cuts target price to EUR 87 from EUR 90
     * BP Plc  BP.L : HSBC cuts target price to 645p from 655p
     * Centrica Plc  CNA.L : Credit Suisse cuts target price to 83p from 105p
     * ENI  ENI.MI : HSBC cuts target price to 17 euros from 17.5 euros
     * Equinor ASA  EQNR.OL : HSBC raises target price to NOK 210 from NOK 208
     * Ferguson Plc  FERG.L : Jefferies raises target price to 6,702p from 6,127p
     * Finecobank  FBK.MI : Citigroup cuts target price to EUR 13 from EUR 13.70
     * Fresnillo Plc  FRES.L : Citigroup cuts target price to 700p from 850p
     * Hugo Boss AG  BOSSn.DE : RBC cuts price target to 69 euros from 75 euros
     * Just Eat Plc  JE.L : RBC cuts price target to 830p from 900p
     * Kering  PRTP.PA : Jefferies cuts target price to EUR 600 from EUR 610
     * Lanxess AG  LXSG.DE : Jefferies raises target price to EUR 54 from EUR 50
     * Pernod Ricard  PERP.PA : Credit Suisse cuts target price to EUR 185 from EUR 187
     * Rolls-Royce Holdings  RR.L : JP Morgan Establishes Dec 2020 TP of 600p vs. dec 2019 TP of 650p
     * SGL Carbon SE  SGCG.DE : CFRA cuts price target to EUR 6.5 from EUR 8
     * Sirius Minerals Plc  SXX.L : Berenberg cuts to hold from buy
     * Sirius Minerals Plc  SXX.L : Berenberg cuts target price to 1700p from 3500p
     * Snam  SRG.MI : Credit Suisse raises target price to EUR 4.90 from EUR 4.40
     * Valeo  VLOF.PA : RBC cuts price target to 19 euros from 20 euros
     * Varta AG  VAR1.DE : Berenberg raises target price to EUR 72.50 from EUR 70
     * WM Morrison Supermarkets Plc  MRW.L : Citigroup cuts target price to 205p from 230p
     * Wolters Kluwer NV  WLSNc.AS : Berenberg raises target price to EUR 62 from EUR 58
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))