EUROPE RESEARCH ROUNDUP: BNP Paribas, New World Resources

VastNed Retail NV

14/02/2014 07:05

Feb 14 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including BNP Paribas and New World Resources, on Friday.  
     
    HIGHLIGHTS 
    * BNP Paribas  BNPP.PA : UBS cuts to neutral from buy; target to 63 euros from 64 euros 
    * New World Resources  NWRR.L : Jefferies cuts target price to 50p from 75p; rating hold 
       
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order.  
     
      
    * BNP Paribas  BNPP.PA : UBS cuts to neutral from buy; target to 63 euros from 64 euros 
    * GlaxoSmithKline  GSK.L : Barclays raises target to 1575p from 1545p; rating equal weight 
    * Legrand  LEGD.PA : Morgan Stanley ups target to 39.50 euros from 38.30 euros;equal weight 
    * Nestle  NESN.VX : Barclays cuts target price to Sfr 72 from Sfr 74; rating overweight 
    * New World Resources  NWRR.L : Jefferies cuts target price to 50p from 75p; rating hold 
    * Rolls-Royce Holdings  RR.L : JP Morgan cuts target to 1315p from 1520p; rating overweight 
    * Schibsted  SBST.OL : Barclays raises target to Nok 360 from Nok 350; rating underweight 
    * Serco Group  SRP.L : UBS cuts target price to 400p from 505p; rating neutral 
    * Vastned Retail  VASN.AS : Berenberg raises target to 41 euros from 39 euros; rating buy 
    * Verbund  VERB.VI : Barclays cuts target to 14 euros from 14.90 euros; rating underweight 
     
 
 (Compiled by Archana Lakshmi Narasiah in Bangalore) 
 ((archana.narasiah@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. + 91 80 6677 
1190)(Reuters messaging:archana.narasiah.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/