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Europe Research Roundup: Arkema, Cellnex, Schneider Electric

Oct 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Cellnex and Schneider Electric on Wednesday.

HIGHLIGHTS

* Arkema SA AKE.PA: Jefferies cuts target price to EUR 56 from EUR 63
* Cellnex CLNX.MC: Jefferies cuts target price to EUR 45 from EUR 48.8
* Legrand LEGD.PA: Citigroup raises target price to EUR 165 from EUR 147
* Reckitt Benckiser RKT.L: HSBC raises target price to 6100p from 6000p
* Schneider Electric SCHN.PA: Citigroup raises target price to EUR 280 from EUR 272
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. See bottom of the table for sector changes.
* 3I Infrastructure Plc 3IN.L: Stifel raises to buy from hold
* Ackermans & Van Haaren NV ACKB.BR: Berenberg raises PT to EUR 289 from EUR 239
* Arkema SA AKE.PA: Jefferies cuts target price to EUR 56 from EUR 63
* ASML ASML.AS: UBS raises target price to EUR 940 from EUR 750
* Aston Martin Lagonda AML.L: Deutsche Bank cuts target price to 90p from 95p
* Antofagasta ANTO.L: Scotiabank cuts to sector underperform from sector perform
* Card Factory Plc CARDC.L: UBS raises target price to 170p from 160p
* Carnival CCL.L: Citigroup raises target price to 2,800p from 2,700p
* Cellnex CLNX.MC: Jefferies cuts target price to EUR 45 from EUR 48.8
* Ceres Power Holdings Plc CWR.L: Jefferies cuts target price to 205p from 265p
* DFS Furniture Plc DFSD.L: Jefferies raises target price to 200p from 190p
* DHL Group DHLn.DE: Bernstein cuts target price to EUR 42 from EUR 43
* Engie SA ENGIE.PA: BofA Global Research raises PT to EUR 21 from EUR 18
* Engie SA ENGIE.PA: BofA Global Research raises to buy from neutral
* Epiroc EPIRa.ST: Deutsche Bank cuts target price to SEK 196 from SEK 198
* Exosens EXENS.PA: Deutsche Bank initiates coverage with PT EUR 45
* Exosens EXENS.PA: Deutsche Bank initiates coverage with hold rating
* Galderma Group AG GALD.S: BofA Global Research raises PT to CHF 155 from CHF 150
* Hemnet HEM.ST: JP Morgan cuts target price to SEK 256 from SEK 264
* IHG IHG.L: Morgan Stanley raises target price to 9,000p from 8,800p
* IHG IHG.L: Morgan Stanley raises to equalweight from underweight
* ITM Power Plc ITM.L: Jefferies raises target price to 115p from 60p
* Kuehne+Nagel KNIN.S: Bernstein cuts target price to CHF 165 from CHF 175
* Legrand LEGD.PA: Citigroup raises target price to EUR 165 from EUR 147
* Nel ASA NEL.OL: Jefferies cuts target price to NOK 2.2 from NOK 3
* Nordea NDASE.ST: UBS raises target price to SEK 167 from SEK 157
* Ontex Group NV ONTEX.BR: UBS cuts target price to EUR 6.50 from EUR 6.90
* Porsche PSHG_p.DE: Deutsche Bank cuts target price to EUR 46 from EUR 50
* Powercell Sweden AB (Publ) PCELL.ST: Jefferies cuts PT to SEK 34 from SEK 37
* Reckitt Benckiser RKT.L: HSBC raises target price to 6100p from 6000p
* Schneider Electric SCHN.PA: Citigroup raises target price to EUR 280 from EUR 272
* Serica Energy Plc SQZ.L: Stifel raises target price to 241p from 215p
* Solvay SOLB.BR: UBS cuts target price to EUR 27 from EUR 29
* Sonova Holding AG SOON.S: Jefferies cuts target price to CHF 235 from CHF 245
* Straumann STMN.S: Deutsche Bank cuts target price to CHF 99 from CHF 113
* Straumann Holding AG STMN.S: Jefferies cuts target price to CHF 95 from CHF 115
* Sonova Holding AG SOON.S: Jefferies cuts target price to CHF 235 from CHF 245
* Technip Energies NV TE.PA: RBC raises target price to EUR 42 from EUR 33
* Theon International THEON.AS: Deutsche Bank initiates coverage with PT EUR 40
* Theon International THEON.AS: Deutsche Bank initiates coverage with buy rating
* Yara YAR.OL: UBS cuts target price to NOK 375 from NOK 380
* Zegona Communications Plc ZEG.L: Canaccord Genuity raises PT to 1,500p from 980p
Sector change:
* BCA RESEARCH DOWNGRADES PRIVATE CREDIT TO NEUTRAL FROM OVERWEIGHT
* BCA RESEARCH UPGRADES EMERGING MARKET DEBT TO OVERWEIGHT FROM NEUTRAL
* BCA RESEARCH DOWNGRADES GLOBAL CONSUMER STAPLES SECTOR TO UNDERWEIGHT FROM NEUTRAL
* BCA RESEARCH UPGRADES GLOBAL INDUSTRIALS SECTOR TO OVERWEIGHT FROM UNDERWEIGHT
* BCA RESEARCH DOWNGRADES UK EQUITIES TO NEUTRAL FROM OVERWEIGHT
* BCA RESEARCH UPGRADES CANADIAN EQUITIES TO NEUTRAL FROM UNDERWEIGHT
* BCA RESEARCH UPGRADES GLOBAL EQUITIES TO OVERWEIGHT FROM NEUTRAL
(Compiled by Bengaluru Newsroom) ((Diaries@thomsonreuters.com))

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