Europe Research Roundup: Technip, Wolseley Plc, Sonova Holding

Ulusoy Elektrik Imalat Taahhut ve Ticaret

17/06/2016 08:20

June 17 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Technip and Wolseley Plc, on Friday.  
     
     
    HIGHLIGHTS 
    * Technip  TECF.PA : Barclays cuts to underweight from equal weight 
    * GAM  GAMH.S : RBC cuts to underperform from sector perform 
    * Sonova Holding AG  SOON.S : HSBC raises to hold from reduce 
    * Wolseley Plc  WOS.L : Liberum raises to buy from hold 
       
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order.  
     
 
     * Allianz SE  ALVG.DE : Berenberg cuts price target to 157 euros from 163 euros; buy 
     * Amplifon SpA  AMPF.MI : HSBC raises price target to 9.1 euros from 8.5 euros 
     * Aveva Group Plc  AVV.L : UBS raises price target to 1835p from 1800p; rating buy 
     * Berkeley Group  BKGH.L : Deutsche Bank cuts price target to 3981p from 4185p 
     * British American Tobacco Plc  BATS.L : JP Morgan raises price target to 4650p from 4620p 
     * British Land Co  BLND.L : Citigroup cuts target price to 974p; rating buy 
     * Drillisch AG  DRIG.DE : Citigroup cuts price target to 42 euros from 50 euros; buy 
     * Fortum OYJ  FUM1V.HE : Inderes cuts to reduce from increase; target price EUR 14.00 
     * GAM  GAMH.S : RBC cuts price target to Sfr 10 from Sfr 13.50 
     * GAM  GAMH.S : RBC cuts to underperform from sector perform 
     * Go-Ahead Group Plc  GOG.L : RBC cuts price target to 2,300p from 2,725p 
     * Hella Kgaa Hueck & Co  HLE.DE : Berenberg starts with buy; target price 40 euros 
     * Hugo Boss  BOSSn.DE : Berenberg starts with buy; target price 65 euros 
     * Imperial BRANDS Plc  IMB.L : JP Morgan cuts price target to 3700p from 3780p 
     * IPSOS SA  ISOS.PA : HSBC raises price target to 29 euros from 28 euros 
     * IPSOS SA  ISOS.PA : HSBC raises price target to 29 euros from 28 euros 
     * Lokman Hekim  LKMNH.IS : Renaissance Capital starts with a buy rating; target Tl 5.40 
     * Lukoil  LKOHyq.L : Citigroup raises target price to $56.6; buy rating  
     * National Grid Plc  NG.L : Credit Suisse cuts target to 820p from a825p; underperform  
     * Norma Group  NOEJ.DE : Berenberg cuts target price to 52 euros from 56 euros 
     * Norma Group NOEJ.DE>: Berenberg raises to buy from hold 
     * OHL  OHL.MC : UBS cuts price target to 5.5 euros from 9 euros; rating buy 
     * Oxford Instruments Plc  OXIG.L : Peel Hunt raises price target to 735p; rating hold 
     * Pegasus Hava Tasimaciligi AS  PGSUS.IS : HSBC cuts price target to Tl 15.5 from Tl 19  
     * Poundland Group Plc  PLND.L : Deutsche Bank cuts to hold from buy 
     * Poundland Group Plc  PLND.L : Deutsche Bank cuts to hold from buy 
     * Poundland Group Plc  PLND.L : Deutsche Bank raises target price to 205p from 180p 
     * RPC Group  RPC.L : Jefferies raises price target to 1,000p; rating buy 
     * Safestore  SAFE.L : Liberum raises target price to 450p from 430p 
     * Sonova Holding AG  SOON.S : HSBC raises target price to Sfr 121 from Sfr 118 
     * Sonova Holding AG  SOON.S : HSBC raises to hold from reduce 
     * Swedish Match AB  SWMA.ST : JP Morgan raises price target to Sek 295 from Sek 290 
     * Technip  TECF.PA : Barclays cuts target price to 50 euros from 58 euros 
     * Technip  TECF.PA : Barclays cuts to underweight from equal weight 
     * Telefonica Deutschland  O2Dn.DE : Citigroup raises to buy from neutral 
     * Telia  TELIA.ST : Berenberg cuts price target to Sek 30 from Sek 34.5; rating sell 
     * Turk Hava Yollari AO< THYAO.IS>: HSBC cuts price target to Tl 6.6 from Tl 7.9 
     * Ultra Electronics Holdings Plc  ULE.L : Investec cuts price target to 2000p from 2060p 
     * Ulusoy Elektrik  ULUSE.IS : Renaissance Capital starts with hold; target price Tl 8.20 
     * United Internet AG  UTDI.DE : Citigroup cuts target price to 39.50 euros 
     * United Internet AG  UTDI.DE : Citigroup raises to neutral from sell 
     * William Demant  WDH.CO : Credit Suisse raises target price to Dkk 125 from Dkk 119 
     * William Demant  WDH.CO : Creditsuisse cuts to underperform from neutral 
     * Wolseley Plc  WOS.L : Liberum raises to buy from hold 
     * WS Atkins Plc  ATKW.L : JP Morgan cuts price target to 1590p from 1620p 
     * Yatas  YATAS.IS : Renaissance Capital starts with a buy rating; target price Tl 4.80 
  
 (Compiled by Abdul Nishad C.K. in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/