Europe Research Roundup: Elisa Oyj, Osram Licht AG, Tofas

SRP Groupe SA

28/09/2017 08:26

Sept 28 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Elisa Oyj, Osram Licht AG and Tofas, on Thursday.  
     
    HIGHLIGHTS 
     * Elisa Oyj  ELISA.HE : Credit Suisse raises to neutral from underperform 
     * Man Group Plc  EMG.L : RBC cuts to sector perform from outperform 
     * Orpea SA  ORP.PA : SocGen cuts to hold from buy 
     * Osram Licht AG  OSRn.DE : Redburn cuts to neutral from buy 
     * Tofas  TOASO.IS : HSBC raises to buy from hold 
     * UBM Plc  UBM.L : Barclays raises to overweight from equal weight 
       
Following is a summary of research actions on European companies reported by Reuters on 
Thursday.  
     
     * Amerisur Resources Plc  AMER.L : Barclays cuts target price to 21p from 26p 
     * Aryzta AG  ARYN.S : Credit Suisse cuts target price to SFR 27 from SFR 31 
     * Ashmore Group Plc  ASHM.L : RBC cuts target price to 355p from 360p 
     * Babcock International Group  BAB.L : Morgan Stanley cuts target price to 975p from 1110p 
     * Boohoo.Com Plc  BOOH.L : Barclays cuts target price to 260p from 265p 
     * Boohoo.Com Plc  BOOH.L : Citigroup cuts target price to 250p from 270p 
     * Boohoo.Com Plc  BOOH.L : Jefferies raises target price to 280p from 125p; rating buy 
     * Buzzi Unicem  BZU.MI : HSBC cuts target price to 29 euros from 31 euors; rating buy 
     * Cineworld Group Plc  CINE.L : Panmure starts with buy rating; 750p price target 
     * Clariant AG  CLN.S : Barclays raises target price to SFR 22 from SFR 20 
     * CRH Plc  CRH.I : HSBC cuts target price to 37 euros from 39 euors; rating buy 
     * Diageo Plc  DGE.L : Jefferies cuts target price to 2900p from 3000p 
     * DSM  DSMN.AS : HSBC raises target price to 73 euros from 71 euors; rating buy 
     * Elisa Oyj  ELISA.HE : Credit Suisse raises target price to EUR 37 from EUR 29 
     * Elisa Oyj  ELISA.HE : Credit Suisse raises to neutral from underperform 
     * Ford Otosan  FROTO.IS : HSBC raises target price to TL 49 from TL 39.1; rating hold 
     * GAM Holding AG  GAMH.S : RBC raises target price to SFR 14.50 from SFR 11.75 
     * Gerresheimer AG  GXIG.DE : HSBC cuts target price to 65 euros from 72 euors; hold 
     * Heidelbergcement AG  HEIG.DE : HSBC cuts target price to 102 euros from 107 euors; buy 
     * Jupiter Fund Management Plc  JUP.L : RBC raises target price to 550p from 495p 
     * Lafargeholcim Ltd  LHN.S : HSBC cuts target price to SFR 67 from SFR 72; buy 
     * Legrand  LEGD.PA : HSBC raises target price to EUR 58 from EUR 55 
     * Man Group Plc  EMG.L : RBC cuts to sector perform from outperform 
     * Man Group Plc  EMG.L : RBC raises price target to 175p from 170p 
     * Nordea  NDA.ST : Barclays raises target price to SEK 119 from SEK 115 
     * Orange Polska SA  OPL.WA : Berenberg raises target price to Pln 7 from Pln 5 
     * Orange Polska SA  OPL.WA : Berenberg raises to buy from hold 
     * Orpea SA  ORP.PA : SocGen cuts to hold from buy 
     * Osram Licht AG  OSRn.DE : Redburn cuts to neutral from buy 
     * PZU  PZU.WA : HSBC raises target price to Pln 52.5 from Pln 48; rating buy 
     * Remy Cointreau  RCOP.PA : Jefferies cuts target price to EUR 100 from EUR 102; hold 
     * Restaurant Group Plc  RTN.L : HSBC cuts target price to 265p from 300p; reduce 
     * Schroders Plc  SDR.L : RBC raises target price to 3700p from 3400p 
     * SGS SA  SGSN.S : Morgan Stanley raises price target to SFR 2,740 from SFR 2,420 
     * SGS SA  SGSN.S : Morgan Stanley raises to overweight from equal-weight 
     * Showroomprive  SRPG.PA : Berenberg cuts target price to EUR 30.50 from EUR 32.50 
     * Sirius Real Estate Ltd  SRET.L : Berenberg raises target price to 65p from 62p; buy 
     * Talktalk Telecom Group Plc  TALK.L : Credit Suisse cuts target price to 170p from 210p 
     * Talktalk Telecom Group Plc  TALK.L : Credit Suisse cuts to underperform from outperform 
     * Telecom Italia  TLIT.MI : Barclays cuts target price to EUR 0.91 from EUR 0.94 
     * Tesco Plc  TSCO.L : Jefferies raises target price to 185p from 180p; rating hold 
     * Titan Cement Company SA  TTNr.AT : HSBC starts with buy rating; 27 euros price target 
     * Tofas  TOASO.IS : HSBC raises target price to TL 36 from TL 30.1 
     * Tofas  TOASO.IS : HSBC raises to buy from hold 
     * Turk Traktor  TTRAK.IS : HSBC cuts target price to TL 83.7 from TL 90; rating hold 
     * UBM Plc  UBM.L : Barclays raises target price to 755p from 745p 
     * UBM Plc  UBM.L : Barclays raises to overweight from equal weight 
     * Vicat SA  VCTP.PA : HSBC starts with hold rating; 64 euros price target 
  
 
 (Compiled by Bengaluru Newsroom) 
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Keywords: RESEARCH EUROPE/