EUROPE RESEARCH ROUNDUP: SocGen, BBVA, Experian

Teknosa Ic ve Dis Ticaret

29/11/2013 08:39

Nov 29 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including BNP Paribas and Galenica, on Friday.  
     
    HIGHLIGHTS 
    * French Banks: UBS ups BNP  BNPP.PA  to buy, SocGen  SOGN.PA  to neutral  ID:nWNBB0379B  
    * Galenica AG  GALN.S : UBS cuts to neutral from buy 
       
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order.    
     
    * BNP Paribas  BNPP.PA : UBS raises to buy from neutral     
    * BT Group Plc  BT.L : Jefferies raises price target to 435p from 430p; rating buy 
    * Cor&Fja AG  FJHG.DE : DZ Bank raises price target to 1.15 euros from 1 euros; rating buy 
    * Credit Agricole  CAGR.PA : UBS adds to its key call list  
    * Credit Agricole  CAGR.PA : UBS raises price target to 10.8 euros from 10.5euros 
    * Draegerwerk  DRWG_p.DE : DZ Bank cuts price target to 98 euros from 106 euros; rating buy 
    * Euromoney Institutional Investor  ERM.L : UBS raises to buy from neutral  
    * Euromoney Institutional Investor  ERM.L : UBS raises price target to 1350p from 1070p 
    * Galenica AG  GALN.S : UBS cuts to neutral from buy 
    * Kingfisher Plc  KGF.L : S&P Capital IQ cuts price target to 410p from 425p; rating hold 
    * Londonmetric Property  LMPL.L : Jefferies ups target to 127p from 116p; rating hold 
    * SCA  SCAb.ST : JP Morgan resumes coverage with overweight rating; price target Sek 250 
    * SocGen  SOGN.PA : UBS raises to neutral from sell 
    * SocGen  SOGN.PA : UBS raises price target to 43 euros from 27 euros  
    * SocGen  SOGN.PA : UBS removes from least preferred list in European banks 
    * UPM  UPM1V.HE : UBS cuts to sell from neutral 
    * UPM  UPM1V.HE : UBS raises price target to 10 euros from 8.90euros 
     
 ((Compiled by Rachel Chitra; Bangalore Equities Newsdesk +91 80 6749 1130; within  
U.S. +1 646 223 8780))   
 
 
Keywords: RESEARCH EUROPE/