Europe Research Roundup: Epiroc, IMI, Johnson Matthey

Thor Medical ASA

28/11/2019 07:39

Nov 28 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Epiroc, IMI and Johnson Matthey on Thursday. 
    
    HIGHLIGHTS
     * Epiroc AB  EPIRa.ST : Exane BNP Paribas cuts to underperform from neutral
     * IMI Plc  IMI.L : Exane BNP Paribas raises to outperform from neutral
     * Johnson Matthey  JMAT.L : JP Morgan cuts to underweight from neutral
     * Sandvik AB  SAND.ST : Exane BNP Paribas raises to outperform from underperform
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
     * ABN Amro Bank NV  ABNd.AS : Berenberg cuts target price to EUR 17 from EUR 19
     * Bank Saint Petersburg  BSPB.MM : VTB Capital raises PT 25% to RUB 86; reiterates buy
     * Beazley Plc  BEZG.L : Jefferies cuts target price to 616p from 665p
     * Blue Prism Group Plc  PRSMB.L : Berenberg raises target price to 1,300p from 1,200p
     * Epiroc AB  EPIRa.ST : Exane BNP Paribas cuts to underperform from neutral
     * Genus Plc  GNS.L : Liberum raises target price to 3450p from 2800p
     * Grainger Plc  GRI.L : JP Morgan raises target price to 310p from 285p
     * Greenyard NV  GREENY.BR : Berenberg raises target price to EUR 5.30 from EUR 3.50
     * Henkel AG & Co KGaA  HNKG_p.DE : Jefferies raises target price to EUR 95 from EUR 86.50
     * Hochschild Mining Plc  HOCM.L : Berenberg cuts target price to 170p from 190p
     * IMI Plc  IMI.L : Exane BNP Paribas raises to outperform from neutral
     * Johnson Matthey  JMAT.L : JP Morgan cuts to underweight from neutral
     * Johnson Matthey  JMAT.L : JP Morgan establishes Mar-21 PT of 2850p vs Dec-19 PT of 3400p
     * Man Group Plc  EMG.L : Credit Suisse cuts target price to 170p from 184p
     * Melrose Industries Plc  MRON.L : RBC cuts to outperform from top pick
     * Melrose Industries Plc  MRON.L : RBC raises target price to 265p from 245p
     * Nordic Nanovector ASA  NANOV.OL : Jefferies cuts target price to NOK 60 from NOK 75
     * Pennon Group Plc  PNN.L : Citigroup cuts to neutral from buy
     * Pennon Group Plc  PNN.L : Citigroup raises price target to 950p from 870p
     * Sandvik AB  SAND.ST : Exane BNP Paribas raises to outperform from underperform
     * SKF  SKFb.ST : Exane BNP Paribas raises to outperform from neutral
     * Stadler Rail AG  SRAIL.S : Exane BNP Paribas cuts to neutral from outperform
     * Vesuvius Plc  VSVS.L : Exane BNP Paribas raises to outperform from neutral
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))