Europe Research Roundup: Anheuser Busch Inbev, Bureau Veritas, Erste Group Bank

VastNed Retail NV

14/11/2016 09:41

Nov 14 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Leg Immobilien, SGS and Tesco, on Monday.  
     
    HIGHLIGHTS 
     * Anheuser Busch Inbev SA  ABI.BR : HSBC cuts to hold from buy 
     * Bureau Veritas  BVI.PA : Jefferies cuts to hold rating 
     * Erste Group Bank AG  ERST.VI : UBS cuts to neutral from buy 
     * Tesco Plc  TSCO.L : HSBC raises to buy from hold 
     
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.   
     
     * A.P. Moller-Maersk  MAERSKb.CO : Deutsche Bank raises target to Dkk 10500 from Dkk 10325 
     * Aker BP ASA  AKERBP.OL : Deutsche Bank raises target price to Nok 140 from Nok 132 
     * Anheuser Busch Inbev SA  ABI.BR : HSBC cuts target price to 111 euros from 131 euros 
     * Anheuser Busch Inbev SA  ABI.BR : HSBC cuts to hold from buy 
     * Aveva Group  AVV.L : Goldman Sachs cuts target price to 1560p from 1630p; rating sell 
     * Barclays Plc  BARC.L : RBC raises target price to 210p from 190p; rating sector perform 
     * BBVA  BBVA.MC : UBS raises target price to 5.4 euros from 4.5 euros; rating sell 
     * BPER  EMII.MI : UBS cuts target price to 4.8 euros from 4.85 euros; rating buy 
     * Bureau Veritas  BVI.PA : Jefferies cuts target price to 18 euros 
     * Bureau Veritas  BVI.PA : Jefferies cuts to hold rating 
     * Buwog  BWOA.VI : Berenberg raises target price to 25.50 euros from 22 euros; rating buy 
     * Cofinimmo SA  COFB.BR : HSBC raises target price to 101 euros from 96 euros; rating hold 
     * Credem  EMBI.MI : UBS cuts target price to 5.45 euros from 5.55 euros; rating neutral 
     * Davide Campari  CPRI.MI : Raymond James raises to outperform from market perform 
     * DNB ASA  DNB.OL : Deutsche Bank raises target price to Nok 124 from Nok 118 
     * DNO ASA  DNO.OL : Deutsche Bank cuts target price to Nok 7 from Nok 7.2 
     * Erste Group Bank AG  ERST.VI : UBS cuts to neutral from buy 
     * Erste Group Bank AG  ERST.VI : UBS raises target price to 30 euros from 29 euros 
     * Eurocash SA  EUR.WA : HSBC cuts target price to Pln 40 from Pln 51; rating hold 
     * Eutelsat  ETL.PA : Jefferies raises target price to 23 euros; rating buy 
     * Ferrexpo Plc  FXPO.L : Deutsche Bank raises target price to 185p from 130p 
     * Halfords Group Plc  HFD.L : Berenberg cuts target price to 300p from 345p; rating hold 
     * HSBC Holdings Plc  HSBA.L : UBS cuts target price to 580p from 585p; rating neutral 
     * John Laing Group  JLG.L : Barclays raises target price to 330p from 315p; overweight 
     * Leg Immobilien AG  LEGn.DE : JP Morgan cuts target price to 87 euros from 93 euros 
     * Leg Immobilien AG  LEGn.DE : JP Morgan raises to neutral from underweight 
     * Legrand  LEGD.PA :Credit Suisse raises target price to 60 euros from 55 euros;outperform 
     * Mapfre  MAP.MC : JP Morgan raises target price to 2.75 euros from 2.50 euros; overweight 
     * Nordex SE  NDXG.DE : Deutsche Bank cuts target price to 22 euros from 29 euros 
     * Nos SA  NOS.LS : Berenberg raises target price to 7.36 euros from 6.80 euros; rating buy 
     * OMV AG  OMVV.VI : Jefferies raises target price to 26.50 euros from 24 euros; hold 
     * OMV AG  OMVV.VI : UBS raises target price to 26 euros from 22 euros; rating sell 
     * Rio Tinto Plc  RIO.L : Deutsche Bank raises target price to 3250p from 3245p; rating buy 
     * Santander  SAN.MC : UBS raises target price to 4.15 euros from 3.8 euros; rating neutral 
     * SGS SA  SGSN.S : Jefferies cuts target price to Sfr 1650 
     * SGS SA  SGSN.S : Jefferies cuts to underperform rating 
     * SIG Plc  SHI.L : Deutsche Bank cuts target price to 100p from 116p 
     * Sodexo  EXHO.PA : Barclays raises target price to 96 euros from 94 euros; underweight 
     * Sodexo  EXHO.PA : Berenberg raises target price to 87 euros from 83 euros 
     * SSAB AB  SSABa.ST : Morgan Stanley raises to overweight from underweight 
     * Subsea 7 SA  SUBC.OL : UBS raises target price to Nok 104 from Nok 100; neutral 
     * Tesco Plc  TSCO.L : HSBC raises target price to 260p from 195p 
     * Tesco Plc  TSCO.L : HSBC raises to buy from hold 
     * Tomtom NV  TOM2.AS : UBS raises target price to 9 euros from 8.7 euros; rating buy 
     * Ulusoy Elektrik  ULUSE.IS : Renaissance Capital raises target to Tl 9.60 from Tl 8.20 
     * Ulusoy Elektrik  ULUSE.IS : Renaissance Capital raises to buy from hold 
     * United Internet AG  UTDI.DE : Deutsche Bank cuts target price to 48 euros from 50 euros 
     * Va Q Tec AG  VQTG.DE : Berenberg starts with buy rating; 16.30 euros price target 
     * Vastned Retail NV  VASN.AS : Berenberg cuts target price to 42 euros from 46 euros; buy 
     * William Demant  WDH.CO : Berenberg cuts target price to Dkk 150 from Dkk 160; buy 
     
 
 
 (Compiled by Bengaluru Newsroom) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH EUROPE/