Europe Research Roundup: Berner Kantonalbank, Swedbank, Tate & Lyle

St Galler Kantonalbank AG

03/11/2017 07:30

Nov 3 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Berner Kantonalbank, Swedbank and Tate & Lyle, on Friday.  
     
    HIGHLIGHTS 
     * Berner Kantonalbank AG  BEKN.S : Credit Suisse cuts to underperform from neutral 
     * SKF  SKFb.ST : Redburn raises to neutral from sell 
     * Swedbank  SWEDa.ST : Berenberg cuts to hold from buy 
     * Tate & Lyle Plc  TATE.L : Exane BNP Paribas raises to neutral from underperform 
  
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order. 
     
     * Amundi SA  AMUN.PA : Credit Suisse raises price target to EUR 80 from EUR 70.50 
     * B&M European value Retail SA  BMEB.L : Barclays raises price target to 365p from 350p 
     * Banca Farmafactoring SpA  BFF.MI : Jefferies ups price target to EUR 6.60 from EUR 5.75 
     * Banque Cantonale Vaudoise  BCVN.S : Credit Suisse raises target to SFR 680 from SFR 655 
     * BASF SE  BASFn.DE : Barclays raises price target to EUR 97 from EUR 92 
     * Bayer AG  BAYGn.DE : Berenberg raises target price to EUR 124 from EUR 121 
     * Berner Kantonalbank AG  BEKN.S : Credit Suisse cuts price target to SFR 165 from SFR 190 
     * Berner Kantonalbank AG  BEKN.S : Credit Suisse cuts to underperform from neutral 
     * Big Yellow Group Plc  BYG.L : Jefferies raises price target to 795p; rating hold 
     * Carlsberg  CARLb.CO : Jefferies raises price target to DKK 700 from DKK 680 
     * CCC SA  CCCP.WA : Deutsche Bank cuts target price to Pln 340 from Pln 360 
     * Centamin Plc  CEY.L : Jefferies cuts price target to 150p from 155p 
     * Coloplast  COLOb.CO : Credit Suisse cuts price target to DKK 560 from DKK 585 
     * Continental AG  CONG.DE : HSBC raises target price to 250 euros from 240 euros 
     * Credit Suisse Group AG  CSGN.S : JP Morgan raises target price to SFR 18 from SFR 17 
     * DSM  DSMN.AS : Berenberg raises target price to EUR 86 from EUR 79 
     * DSM  DSMN.AS : Goldman Sachs reinstates with neutral rating; EUR 74 price target 
     * Elementis Plc  ELM.L : Jefferies raises price target to 280p from 271p 
     * Fielmann AG  FIEG.DE : HSBC raises target price to 69 euros from 65 euros 
     * Fonciere Des Regions SA  FDR.PA : HSBC raises target price to 88 euros from 82 euros 
     * Fraport  FRAG.DE : Barclays raises price target to EUR 58 from EUR 55 
     * Fraport  FRAG.DE : HSBC cuts target price to 80 euros from 84 euros 
     * Grainger Plc  GRI.L : Jefferies raises price target to 297p; rating hold 
     * Great Portland Estates Plc  GPOR.L : Jefferies cuts price target to 525p 
     * Hastings Group Holdings  HSTG.L : Credit Suisse raises price target to 360p from 350p 
     * Infineon Technologies AG  IFXGn.DE : Liberum raises target price to EUR 28 from EUR 21.8 
     * Kering  PRTP.PA : Jefferies raises price target to EUR 455 from EUR 425 
     * Land Securities Group Plc  LAND.L : Jefferies cuts price target to 875p; rating hold 
     * Londonmetric Property Plc  LMPL.L : Jefferies raises price target to 190p; rating hold 
     * Marks and Spencer Group Plc  MKS.L : Jefferies cuts price target to 370p from 420p 
     * Nex Group Plc  NXGN.L : Liberum cuts target price to 629p from 638p 
     * Nmc Health Plc  NMC.L : Deutsche Bank raises target price to 3920p from 2820p 
     * Pandora  PNDORA.CO : Berenberg starts with buy rating; DKK 750 price target 
     * Playtech Plc  PTEC.L : Morgan Stanley cuts price target to 1050p from 1400p 
     * Publicis  PUBP.PA : Goldman Sachs removes from conviction list; rating buy 
     * SKF  SKFb.ST : Credit Suisse raises price target to SEK 150 from SEK 145 
     * SKF  SKFb.ST : Redburn raises to neutral from sell 
     * St Galler Kantonalbank  SGKN.S : Credit Suisse ups price target to SFR 385 from SFR 365 
     * Standard Chartered Plc  STAN.L : Credit Suisse cuts price target to 610p from 620p 
     * Swedbank  SWEDa.ST : Berenberg cuts target price to SEK 215 from SEK 220 
     * Swedbank  SWEDa.ST : Berenberg cuts to hold from buy 
     * Tate & Lyle Plc  TATE.L : Exane BNP Paribas raises target price to 700p 
     * Tate & Lyle Plc  TATE.L : Exane BNP Paribas raises to neutral from underperform 
     * Wartsila Oyj Abp  WRT1V.HE : Jefferies raises price target to EUR 52 from EUR 45 
     
  
 
 (Compiled by Bengaluru Newsroom) 
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Keywords: RESEARCH EUROPE/