Feb 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including BASF
SE, Direct Line Insurance and Glencore on Tuesday.
HIGHLIGHTS
* BASF SE BASFn.DE : Berenberg cuts to hold from buy
* Direct Line Insurance DLGD.L : Peel Hunt cuts to hold from add
* Glencore GLEN.L : Morgan Stanley raises to overweight from equal weight
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical
order.
* Barclays BARC.L : JP Morgan raises target price to 370p from 360p
* BASF SE BASFn.DE : Berenberg raises target price to EUR 52 from EUR 50
* BASF SE BASFn.DE : Berenberg cuts to hold from buy
* BT BT.L : Citigroup cuts target price to 112p from 200p
* BT BT.L : Citigroup cuts to sell from buy
* Direct Line Insurance DLGD.L : Peel Hunt cuts to hold from add
* Glencore GLEN.L : Morgan Stanley raises to overweight from equal weight
* Learnd SE LRND.DE : Baader Helvea initiates coverage with price target EUR 8.2
* Learnd SE LRND.DE : Baader Helvea initiates coverage with add rating
* Oxford Biomedica Plc OXB.L : Peel Hunt cuts target price to 451p from 475p
* Swedish Orphan Biovitrum SOBIV.ST : Berenberg cuts PT to SEK 400 from SEK 415
* URW URW.PA : Jefferies raises target price to EUR 99 from EUR 92
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))