Europe Research Roundup: Edenred, Rheinmetall, Zurich Insurance

Teknosa Ic ve Dis Ticaret

20/02/2015 07:10

Feb 20 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Sollers and Rheinmetall, on Friday.  
     
     
    HIGHLIGHTS 
    * Edenred  EDEN.PA : Credit Suisse cuts to underperform from neutral 
    * Rheinmetall  RHMG.DE : HSBC raises to overweight; price target to 51 euros from 37 euros 
    * Sollers  SVAV.MM : Deutsche Bank cuts to hold; cuts target to 406 roubles from 730 roubles 
     
     
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order.    
 
     
    * Dialog Semiconductor  DLGS.DE : RBC raises target to 44 euros from 34 euros; outperform 
    * Edenred  EDEN.PA : Credit Suisse cuts price target to 21 euros from 24 euros 
    * Edenred  EDEN.PA : Credit Suisse cuts to underperform from neutral 
    * Globaltrans  GLTRq.L : HSBC cuts price target to $5.80 from $10.40 
    * Globaltrans  GLTRq.L : HSBC cuts to neutral from overweight 
    * Puma  PUMG.DE : Susquehanna cuts price target to 175 euros from 190 euros; rating neutral 
    * Rheinmetall  RHMG.DE : HSBC raises price target to 51 euros from 37 euros 
    * Rheinmetall  RHMG.DE : HSBC raises to overweight from neutral 
    * Serco  SRP.L : Credit Suisse raises price target to 208p from 142p 
    * Serco  SRP.L : Credit Suisse raises to neutral from underperform 
    * Sollers  SVAV.MM : Deutsche Bank cuts price target to 406 roubles from 730 roubles 
    * Sollers  SVAV.MM : Deutsche Bank cuts to hold from buy 
    * Straumann  STMN.S : Credit Suisse raises target to Sfr 260 from Sfr 230; rating outperform 
    * Teknosa  TKNSA.IS : HSBC cuts target to Tl 9.40 from Tl 11.10 
    * Teknosa  TKNSA.IS : HSBC cuts to neutral from overweight 
    * Wolters Kluwer  WLSNc.AS : UBS raises target to 30.50 euros from 28 euros; rating buy 
    * Zurich Insurance  ZURN.VX : UBS raises target to Sfr 308 from Sfr 298; rating neutral 
 
 (Compiled by Eileen Soreng in Bengaluru) 
 ((eileen.soreng@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. + 91 80 6749 
6131; Reuters messaging: eileen.soreng.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/