Europe Research Roundup: Bim Birlesik Magazalar, Compass Group, Renault

Sok Marketler Ticaret AS

07/06/2019 08:18

June 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bim Birlesik Magazalar, Compass Group and Renault, on Friday. 
    
    HIGHLIGHTS  
     * Bim Birlesik Magazalar As  BIMAS.IS : Credit Suisse raises to neutral from underperform
     * Compass Group Plc  CPG.L : RBC cuts to sector perform from outperform
     * Deutsche Wohnen SE  DWNG.DE : Morgan Stanley cuts to equal-weight from overweight
     * Pets at Home Group Plc  PETSP.L : HSBC cuts to hold from buy
     * Renault  RENA.PA : Evercore ISI cuts to in-line from outperform
    
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Ascential Plc  ASCL.L : Macquarie starts with outperform rating; price target 540p
     * Auto Trader Group Plc  AUTOA.L : Stifel raises target price to 450p from 400p
     * Bim Birlesik Magazalar As  BIMAS.IS : Credit Suisse cuts PT to TL 77.60 from TL 78.50
     * Bim Birlesik Magazalar As  BIMAS.IS : Credit Suisse raises to neutral from underperform
     * Bpost SA  BPOST.BR : Goldman Sachs cuts to sell from neutral
     * Cellnex Telecom SA  CLNX.MC : Credit Suisse raises target price to EUR 37 from EUR 28
     * Centrica Plc  CNA.L : SocGen starts coverage with hold rating; 95p price target
     * Compass Group Plc  CPG.L : RBC cuts to sector perform from outperform
     * Compass Group Plc  CPG.L : RBC raises price target to 1,800p from 1,750p
     * Deutsche Wohnen SE  DWNG.DE : Morgan Stanley cuts target price to EUR 39 from EUR 50
     * Deutsche Wohnen SE  DWNG.DE : Morgan Stanley cuts to equal-weight from overweight
     * Fiat Chrysler  FCHA.MI : Evercore ISI cuts to in-line from outperform
     * Fiat Chrysler  FCHA.MI : Evercore ISI cuts target price to EUR 11 from EUR 16
     * Informa Plc  INF.L : Macquarie starts coverage with neutral rating
     * Kone Oyj  KNEBV.HE : Jefferies cuts price target to 48 euros from 50 euros
     * Kone Oyj  KNEBV.HE : Jefferies cuts to hold from buy
     * Migros  MGROS.IS : Credit Suisse cuts target price to TL 14.10 from TL 17.70
     * Pets at Home Group Plc  PETSP.L : HSBC cuts to hold from buy
     * Pure Gold Mining Inc  PUR.L : Peel Hunt starts coverage with buy rating; 39p PT
     * Remy Cointreau  RCOP.PA : Credit Suisse raises target price to EUR 118 from EUR 115
     * Renault  RENA.PA : Evercore ISI cuts to in-line from outperform
     * Renault  RENA.PA : Evercore ISI cuts target price to EUR 50 from EUR 79
     * Royal Mail Plc  RMG.L : HSBC cuts price target to 216p from 300p
     * Royal Mail Plc  RMG.L : HSBC cuts to hold from buy
     * Saipem SpA  SPMI.MI : JP Morgan raises target price to EUR 5.50 from EUR 5.40
     * Schindler Holding AG  SCHN.S : Jefferies cuts price target to SFR 217 from SFR 220
     * Shell  RDSa.L : HSBC raises price target to 2840p from 2740p
     * Software AG  SOWGn.DE : Credit Suisse cuts target price to EUR 33 from EUR 36
     * Software AG  SOWGn.DE : Credit Suisse raises to neutral from underperform
     * Sok Marketler Ticaret As  SOKM.IS : Credit Suisse cuts target to TL 11.40 from TL 14.05
     * Superdry Plc  SDRY.L : RBC cuts price target to 500p from 520p
     * Umicore SA  UMI.BR : Morgan Stanley cuts target price to EUR 23.50 from EUR 32
     * Varta AG  VAR1.DE : Berenberg raises price target to EUR 55 from EUR 43
    

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