Europe Research Roundup: Duerr, Novartis, Swiss Prime Site
23/06/2017 14:50
June 23 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Duerr, Novartis and Swiss Prime Site, on Friday.
HIGHLIGHTS
* Axel Springer SE SPRGn.DE : Kepler Cheuvreux raises to buy from hold
* Centrica Plc CNA.L : JP Morgan raises to neutral rating
* Duerr AG DUEG.DE : HSBC cuts to hold from buy
* Novartis AG NOVN.S : Barclays raises to equal weight from underweight
* Swiss Prime Site AG SPSN.S : Credit Suisse 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.
* Admiral Group Plc ADML.L : Deutsche Bank raises target price to 1845p from 1760p
* Ahold Delhaize NV AD.AS : ING cuts target price to 21 euros from 26 euros
* Ashtead Group Plc AHT.L : RBC raises target price to 2000p from 1920p;rating outperform
* Axel Springer SE SPRGn.DE : Kepler Cheuvreux raises target to 63 euros from 51 euros
* Axel Springer SE SPRGn.DE : Kepler Cheuvreux raises to buy from hold
* BAE Systems Plc BAES.L : JP Morgan cuts to neutral from overweight
* BASF SE BASFn.DE : Berenberg starts with sell rating; EUR 78 price target
* Bechtle AG BC8G.DE : Kepler Cheuvreux raises target price to 126 euros from 116 euros
* Bellway Plc BWY.L : HSBC raises target price to 4100p; rating buy
* British American Tobacco Plc BATS.L : Morgan Stanley raises target to 6000p from 5650p
* Carnival Plc CCL.L : Natixis raises price target to 5900p from 5200p
* Cellnex Telecom CLNX.MC : Goldman Sachs cuts to neutral from buy
* Cellnex Telecom CLNX.MC : Goldman Sachs raises price target to 19.9 EUR from 17.8 EUR
* Cellnex Telecom CLNX.MC : Goldman Sachs removes from Pan-Europe buy list
* Centrica Plc CNA.L : JP Morgan raises price target to 205p from 180p
* Centrica Plc CNA.L : JP Morgan raises to neutral rating
* Chemring Group Plc CHG.L : JP Morgan raises price target to 200p from 185p
* Citycon Oyj CTY1S.HE : Danske Bank raises target price to EUR 2.5 from EUR 2.4; hold
* Colruyt NV COLR.BR : KBC cuts target price to EUR 24 from EUR 45; rating reduce
* Commerzbank AG CBKG.DE : Citigroup upgrades to buy rating
* Diageo Plc DGE.L : Independent Research raises target to 2,500p from 2,400p; rating hold
* Direct Line Insurance Group Plc DLGD.L : Deutsche Bank raises target to 390p from 375p
* Domino's Pizza Group Plc DOM.L : Berenberg cuts target price to 325p from 400p
* Domino's Pizza Group Plc DOM.L : Berenberg cuts to hold from buy
* Drax Group Plc DRX.L : Investec raises target price to 420p from 400p; rating buy
* DSV DSV.CO : HSBC starts with buy rating; DKK 457 price target
* Duerr AG DUEG.DE : HSBC cuts to hold from buy
* Duerr AG DUEG.DE : HSBC raises target price to 104 euros from 103 euros
* Esure Group Plc ESUR.L : Deutsche Bank raises target price to 310p from 280p
* Eurofins Scientific SE EUFI.PA : Portzamparc cuts to hold from accumulate
* Eurofins Scientific SE EUFI.PA : Portzamparc target price at 510 euros
* focus Home Interactive SA ALFOC.PA : Portzamparc cuts to hold from buy;target EUR 28.3
* Fuchs Petrolub SE FPEG_p.DE : DZ Bank cuts to sell from hold
* Gjensidige Forsikring ASA GJFS.OL :Danske Bank ups target to NOK 142 from NOK 138; hold
* Go-Ahead Group GOG.L : JP Morgan cuts price target to 1882p from 1951p
* Go-Ahead Group GOG.L : RBC cuts target price to 1900p from 1925p; rating sector perform
* Grainger Plc GRI.L : Stifel raises target price to 293p from 257p; rating buy
* Heineken Holding NV HEIO.AS : Stifel cuts to hold from buy
* Heineken NV HEIN.AS : Stifel cuts to hold from buy - Trader
* Hunting Plc HTG.L : Macquarie cuts price target to 370p from 400p
* Kuehne Und Nagel KNIN.S : HSBC starts with hold rating; SFR 155 price target
* KWS Saat SE KWSG.DE : DZ Bank cuts to sell from hold
* Magyar Telekom Tavkozlesi Nyrt MTEL.BU :Berenberg ups target to HUF 550 from HUF 540;buy
* Marston's Plc MARS.L : Deutsche Bank cuts target price to 135p from 145p
* Mediaset SpA MS.MI : Citigroup cuts price target to 3.75 euros from 4 euros; neutral
* Mondi Plc MNDI.L : JP Morgan raises price target to 2300p from 2080p
* Novartis AG NOVN.S : Barclays raises target price to SFR 80 from SFR 65
* Novartis AG NOVN.S : Barclays raises to equal weight from underweight
* Novartis AG NOVN.S : HSBC raises target price to SFR 88 from SFR 85
* Novartis AG NOVN.S : Jefferies raises price target to SFR 103 from SFR 100
* Panalpina Welttransport Holding PWTN.S : HSBC starts with reduce rating; SFR 117 target
* Petrofac Ltd PFC.L : Goldman Sachs cuts target price to 584p from 1020p
* Petrofac Ltd PFC.L : Goldman Sachs cuts target price to 584p from 1020p; rating buy
* Provident Financial Plc PFG.L : Canaccord Genuity cuts price target to 3060p from 3430p
* Quantel SA QUTL.PA : Invest Securites raises target price to EUR 6.9 from EUR 4.3; buy
* Relx NV RELN.AS : Credit Suisse raises target price to EUR 21.10 from EUR 19.60
* Relx Plc REL.L : Credit Suisse raises target price to 1800p from from 1675p
* Salzgitter AG SZGG.DE : Commerzbank raises to hold from reduce - Trader
* SAP SE SAPG.DE : Commerzbank cuts to hold from buy - Trader
* Sas AB SAS.ST : HSBC raises target price to SEK 20 from SEK 11
* Sas AB SAS.ST : HSBC raises to hold from reduce
* Scout24 AG G24n.DE : Kepler Cheuvreux starts with buy; target price 38.50 euros
* Shell RDSa.L : Credit Suisse adds to European focus list; keeps outperform rating
* Stobart Group Ltd STOB.L : Stifel raises target price to 329p from 229p; rating buy
* Swiss Prime Site AG SPSN.S : Credit Suisse raises price target to SFR86 from SFR79
* Swiss Prime Site AG SPSN.S : Credit Suisse raises target price to SFR 86 from SFR 79
* Swiss Prime Site AG SPSN.S : Credit Suisse raises to neutral from underperform
* Swiss Prime Site AG SPSN.S : Credit Suisse raises to neutral from underperform
* Tenaris SA TENR.MI : Macquarie cuts price target to 10.50 euros from 11 euros
* Thyssenkrupp TKAG.DE : Independent Research raises target to 26.0 euros;hold
* Tryg TRYG.CO : Jyske Bank raises target price to DKK 156 from DKK 152; rating strong buy
* UDG Healthcare Plc UDG.L : Berenberg raises target price to 800p from 745p
* Unilever NV UNc.AS : ING raises target price to 62 euros from 55.33 euros
* Vivendi VIV.PA : Raymond James raises to outperform from market perform
* Xafinity Plc XAF.L : Liberum starts with buy rating; 210p target price
* XXL ASA XXLA.OL : Goldman Sachs cuts target price to NOK 89 from NOK 102
* Zalando SE ZALG.DE : Credit Suisse cuts target price to 46.50 euros from 47.50 euros
(Compiled by Bengaluru Newsroom)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/