Europe Research Roundup: Computacenter, Next Plc, HeidelbergCement, Siemens, Voestalpine

Tornos Holding AG

17/03/2014 07:48

March 17 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Computacenter, and Siemens, on Monday.  
     
    HIGHLIGHTS 
    * Ackermans & Van Haaren  ACKB.BR : ING raises to buy from hold rating 
    * Computacenter  CCC.L : Barclays starts with underweight; Jefferies raises price target 
    * HeidelbergCement AG  HEIG.DE : Cantor cuts to hold from buy rating 
    * Siemens AG  SIEGn.DE : JP Morgan raises to overweight from neutral rating 
    * Voestalpine AG  VOES.VI : Credit Suisse raises to outperform from neutral 
       
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.    
     
    * Ackermans & Van Haaren  ACKB.BR : ING raises to buy from hold rating 
    * Aeroflot  AFLT.MM : Renaissance cuts to hold from buy rating 
    * Balfour Beatty  BALF.L : UBS raises target price to 260p from 250p; rating sell 
    * Burberry Group  BRBY.L : Nomura raises target price to 1650p from 1630p; rating neutral 
    * Bwin.Party Digital  BPTY.L : Citigroup cuts to sell from neutral; target to 95p from 125p 
    * Capital Stage  HWAG.DE : Berenberg raises target to 5.40 euros from 5.30 euros; rating buy 
    * Computacenter  CCC.L : Barclays starts with underweight; price target 600p 
    * Computacenter  CCC.L : Jefferies raises price target to 720p from 470p; rating hold 
    * Elisa  ELI1V.HE : Citigroup ups to buy from neutral; target to 24 euros from 19.50 euros 
    * HeidelbergCement AG  HEIG.DE : Cantor cuts to hold from buy rating 
    * Hellenic Carriers  HCLL.L : Panmure raises target price to 60p from 50p; rating buy 
    * Hikma Pharmaceuticals  HIK.L : Citigroup raises target to 1,800p from 1,700p; rating buy 
    * Home Retail Group  HOME.L : Bernstein raises to market perform from underperform rating 
    * Home Retail Group  HOME.L : Bernstein raises target price to 190p from 140p 
    * K&S AG  SDFGn.DE : Nomura cuts target price to 23 euros from 24 euros; rating neutral 
    * Kingfisher  KGF.L : Credit Suisse raises price target to 460p from 440p; rating outperform 
    * Lagardere  LAGA.PA : UBS raises target price to 29 euros from 23 euros; rating neutral 
    * Metso  MEO1V.HE : Berenberg cuts target price to 26 euros from 27 euros; rating buy 
    * Next Plc  NXT.L : Jefferies raises price target to 7500p from 7000p; rating buy 
    * Oxford Instruments PLC  OXIG.L : UBS cuts target price to 1600p from 1750p; rating buy 
    * Reed Elsevier PLC  REL.L : Berenberg cuts to hold from buy rating 
    * Reed Elsevier NV  ELSN.AS : Berenberg cuts to hold from buy rating 
    * Royal Dutch Shell  RDSa.L : Credit Suisse raises target to 2450p from 2350p; outperform 
    * Salamander Energy  SMDR.L : Barclays cuts price target to 130p from 160p; equal weight 
    * SAP  SAPG.DE : Citigroup raises to buy from neutral; target of 62 euros from 57 euros 
    * Shore Capital Group  SGRS.L : RBC raises target price to 450p from 300p; rating outperform 
    * Siemens AG  SIEGn.DE : JP Morgan raises to overweight from neutral rating 
    * Snam  SRG.MI : Berenberg raises price target to 4.10 euros from 3.65 euros; rating hold 
    * SSE PLC  SSE.L : Berenberg cuts price target to 1,320p from 1,570p; rating hold 
    * Standard Life Plc  SL.L : Barclays raises price target to 377p from 349p; equal weight 
    * Suez Environnement  SEVI.PA : Berenberg raises target to 16.60 euros from 15 euros; buy 
    * Terna  TRN.MI : Berenberg raises target price to 3.60 euros from 3.40 euros; rating hold 
    * Tornos Holding AG  TOHN.S : Vontobel resumes coverage with hold; price target to Sfr 5.2 
    * ThyssenKrupp  TKAG.DE : JP Morgan reinstates with overweight rating; price target 24 euros 
    * Trelleborg  TRELb.ST : Berenberg raises target price to Sek 131 from Sek 127; rating hold 
    * UniCredit  CRDI.MI : RBC raises target to 5.80 euros from 5.40 euros; rating underperform 
    * Valeo SA  VLOF.PA : Barclays raises price target to 114 euros from 83 euros; overweight 
    * Voestalpine AG  VOES.VI : Credit Suisse raises to outperform from neutral 
    * Wolseley PLC  WOS.L : Citigroup raises target price to 3660p from 3596p; rating buy 
     
 
 
 (Compiled by Fareha Khan and Geetha Panchaksharam in Bangalore) 
 ((fareha.khan@thomsonreuters.com)(within U.S. +1 646 223 8780 outside U.S. +91 80 6749 
1130)(Reuters Messaging: fareha.khan.thomsonsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/