Europe Research Roundup: BMW, Royal Mail, Stratec Biomedical

Stratec SE

04/06/2019 08:32

June 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Henkel AG & Co KGaA, LPP SA and Renault, on Tuesday. 
    
    HIGHLIGHTS  
     * Henkel AG & Co KGaA  HNKG_p.DE : Jefferies cuts to hold from buy
     * LPP SA  LPPP.WA : JP Morgan raises to neutral from underweight
     * Renault  RENA.PA : RBC adds stock to its european Equity large cap best ideas list
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
   
     * Airbus Group  AIR.PA : Credit Suisse raises target price to EUR 130 from EUR 124
     * BMW  BMWG.DE : RBC initiates coverage with sector perform rating; EUR 74 price target
     * Continental AG  CONG.DE : RBC initiates coverage with sector perform rating; EUR 139 PT
     * Daimler AG  DAIGn.DE : RBC initiates coverage with outperform rating; EUR 67 price target
     * Elekta AB  EKTAb.ST : Morgan Stanley raises target price to SEK 98 from SEK 90
     * Faurecia  EPED.PA : RBC initiates coverage with underperform rating; EUR 32 price target
     * Henkel AG & Co KGaA  HNKG_p.DE : Jefferies cuts price target to 86.50 euros from 101 euros
     * Henkel AG & Co KGaA  HNKG_p.DE : Jefferies cuts to hold from buy
     * Infineon Technologies AG  IFXGn.DE : CFRA cuts target price to EUR 18.50
     * Kerry Group Plc  KYGa.I : Berenberg raises price target to EUR 125 from EUR 106
     * Kier Group Plc  KIE.L : Jefferies cuts target price to 180p from 400p
     * Loungers Plc  LGRS.L : Peel Hunt starts with buy rating; price target 285p
     * LPP SA  LPPP.WA : JP Morgan raises price target to PLN 7,810 from PLN 7,470
     * LPP SA  LPPP.WA : JP Morgan raises to neutral from underweight
     * Peugeot  PEUP.PA : RBC initiates coverage with underperform rating; EUR 19 price target
     * Renault  RENA.PA : RBC adds stock to its european Equity large cap best ideas list
     * Rosneft  ROSNq.L : JP Morgan raises target price to $7.50 from $7
     * Royal Mail Plc  RMG.L : JP Morgan raises price target to 252p from 241p
     * Royal Mail Plc  RMG.L : JP Morgan raises to neutral from underweight
     * Serco Group Plc  SRP.L : Jefferies raises price target to 170p from 160p
     * Stratec Biomedical AG  SBSG.DE : Berenberg raises to buy from hold
     * Stratec Biomedical AG  SBSG.DE : Berenberg raises price target to EUR 71 from EUR 55
     * UDG Healthcare Plc  UDG.L : Peel Hunt raises target price to 1,165p from 1,030p
     * Valeo  VLOF.PA : RBC initiates coverage with underperform rating; EUR 20 price target
     * Volkswagen AG  VOWG.DE : RBC initiates coverage with outperform rating; EUR 202 PT
     * Volvo AB  VOLVb.ST : RBC initiates coverage with sector perform rating; SEK 139 PT
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))