Europe Research Roundup: Continental, Halma, Eutelsat
17/05/2016 08:05
May 17 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Continental AG, PGNIG and Novatek, on Tuesday.
HIGHLIGHTS
* Continental AG CONG.DE : Barclays cuts to equal weight from overweight
* Novatek NVTKq.L : Renaissance Capital raises to buy from hold
* Halma Plc HLMA.L : UBS cuts to sell from neutral
* Eutelsat ETL.PA : Credit Suisse cuts to neutral from outperform
* PGNIG PGN.WA : ING raises to buy from sell
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Akastor ASA AKAS.OL : Barclays cuts price target to Nok 10 from Nok 13.90; underweight
* Aroundtown Property Holdings ALATP.PA : Berenberg raises target price to 5.35 euros
* Continental AG CONG.DE : Barclays cuts price target to 201 euros from 244 euros
* Continental AG CONG.DE : Barclays cuts to equal weight from overweight
* CRH Plc CRH.I : Credit Suisse raises target price to 25 euros from 24 euros
* Euronext NV ENX.PA : Barclays raises price target to 45 euros from 44 euros;overweight
* Eutelsat ETL.PA : Credit Suisse cuts target price to 20 euros from 35 euros
* Eutelsat ETL.PA : Credit Suisse cuts to neutral from outperform
* Eutelsat ETL.PA : UBS cuts target price to 20.9 euros from 27.5 euros
* Galapagos NV GLPG.AS : Credit Suisse raises target price to 48 euros from 46 euros
* Gazprom GAZPq.L : Renaissance Capital raises price target to $6 from $5.2
* Halma Plc HLMA.L : UBS cuts to sell from neutral
* Halma Plc HLMA.L : UBS raises target price to 785p from 775p
* Hennes & Mauritz HMb.ST : HSBC cuts target price to Sek 325 from Sek 340
* Inmarsat Plc ISA.L : Credit Suisse cuts target price to 1060p from 1186p
* Italcementi ITAI.MI : UBS raises target price to 10.6 euros from 10 euros
* John Wood Group Plc WG.L : Barclays raises price target to 790p from 760p
* Konecranes KCR1V.HE : HSBC raises target price to 25 euros from 21 euros
* Lonmin Plc LMI.L : HSBC raises target price to 85p from 76p; rating reduce
* Novatek NVTKq.L : Renaissance Capital raises price target to $125 from $100
* Novatek NVTKq.L : Renaissance Capital raises to buy from hold
* Ophir Energy Plc OPHR.L : RBC cuts target price to 90p from 135p
* Ophir Energy Plc OPHR.L : RBC cuts to sector perform from outperform
* PGNIG PGN.WA : ING raises price target to Pln 6.10 from Pln 4.40
* PGNIG PGN.WA : ING raises to buy from sell
* Porsche Automobil Holding PSHG_p.DE : Berenberg raises target to 85 euros from 63 euros
* Raiffeisen Bank RBIV.VI : Barclays cuts price target to 12 euros from 13.20 euros
* Rosneft ROSNq.L : Renaissance Capital raises price target to $4.1 from $3.6
* Salzgitter AG SZGG.DE : Berenberg raises price target to 41 euros from 30.50 euros
* SES SA SESFd.PA : Credit Suisse cuts target price to 25 euros from 29 euros
* Shawbrook Group Plc SHAW.L : Credit Suisse cuts target to 380p from 400p;outperform
* SIG Plc SHI.L : UBS cuts target price to 115p from 125p
* Standard Life Plc SL.L : RBC cuts target price to 300p from 320p; rating underperform
* Telecom Italia TLIT.MI : RBC cuts target price to 1.25 euros from 1.30 euros
* Travis Perkins Plc TPK.L : Credit Suisse raises target price to 2,250p from 2,200p
* TRYG TRYG.CO : Barclays raises price target to Dkk 157 from Dkk 155; rating overweight
* UDG Healthcare Plc UDG.L : Berenberg raises price target to 625p from 585p; rating buy
* Vastned Retail NV VASN.AS : Berenberg cuts target price to 46 euros from 50 euros; buy
* Volkswagen AG VOWG_p.DE : Citigroup cuts target price to 162 euros from 163 euros
(Compiled by Abdul Nishad C.K. in Bengaluru)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/