Europe Research Roundup: Reckitt Benckiser, BASF, Unibail-Rodamco

VastNed Retail NV

09/03/2015 07:23

March 9 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including Great Portland Estates and Inmarsat Plc, on Monday.  
     
    HIGHLIGHTS 
    * Reckitt Benckiser  RB.L : Jefferies raises to buy from hold; target to 6750p from 4800p 
    * European Property: JP Morgan cuts Unibail-Rodamco  UNBP.AS  to neutral  ID:nWNAB0683O  
    * Inmarsat Plc  ISA.L : Jefferies, Citigroup raise target price on the stock 
       
Following is a summary of research actions on European companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.  
     
    * Bank Of Ireland  KIR.I  Citigroup raises target to 0.31 euros from 0.24 euros; rating sell 
    * BASF SE  BASFn.DE : Jefferies raises target price to 90 euros from 76 euros; rating hold   
    * Capital & Counties  CAPCC.L : JP Morgan raises target to 450p from 420p; rating neutral   
    * CRH  CRH.L : Jefferies raises target price to 1800p from 1400p; rating hold   
    * Deutsche Annington  ANNGn.DE : JP Morgan reinstates coverage with neutral rating 
    * Deutsche Annington  ANNGn.DE : JP Morgan reinstates coverage with 33 euros price target   
    * Galapagos  GLPG.AS : Jefferies raises target price to 29 euros from 24 euros; rating buy  
    * Grand City Properties  GYC.DE : JP Morgan cuts to neutral from overweight   
    * Great Portland Estates  GPOR.L : JP Morgan raises to overweight from neutral 
    * Great Portland Estates  GPOR.L : JP Morgan raises target price to 910p from 850p   
    * Henderson Group  HGGH.L : Barclays raises target to 300p from 270p; rating overweight   
    * Henkel  HNKG_p.DE : Jefferies raises target price to 118 euros from 90 euros; rating buy  
    * Icade  ICAD.PA : JP Morgan cuts to underweight from neutral   
    * Inmarsat Plc  ISA.L : Jefferies raises target price to 1050p from 925p; rating buy 
    * Inmarsat Plc  ISA.L : Citigroup raises target price to 1040p from 900p; rating buy  
    * Klepierre  LOIM.PA : JP Morgan cuts to neutral from overweight   
    * L'Oreal SA  OREP.PA : Jefferies raises target to 165 euros from 125 euros; rating hold 
    * Panalpina  PWTN.S : RBC cuts target price to Sfr 150 from Sfr 160; rating outperform   
    * Reckitt Benckiser Group  RB.L : Jefferies raises to buy from hold   
    * Reckitt Benckiser Group  RB.L : Jefferies raises target price to 6750p from 4800p  
    * Segro  SGRO.L : JP Morgan raises to overweight from neutral; target to 490p from 420P 
    * Shaftesbury Plc  SHB.L : JP Morgan raises to overweight from neutral 
    * Shaftesbury Plc  SHB.L : JP Morgan raises target price to 900p from 890p 
    * St. Modwen Properties  SMP.L : JP Morgan cuts to neutral from overweight   
    * Unibail-Rodamco  UNBP.AS : JP Morgan cuts to neutral from overweight   
    * Unilever NV  UNc.AS : Jefferies ups target to 34.30 euros from 28.35 euros; underperform  
    * Unilever Plc  ULVR.L : Jefferies raises target to 2520p from 2120p; rating underperform  
    * Unite Group Plc  UTG.L : JP Morgan raises to overweight from neutal 
    * Unite Group Plc  UTG.L : JP Morgan raises target price to 610p from 540p   
    * Vastned  VASN.AS : JP Morgan raises to overweight from neutral   
    * Xing AG  OBCGn.DE : Jefferies raises to buy from hold   
    * Xing AG  OBCGn.DE :Jefferies raises target price to 170 euros from 112 euros   
  
 
 (Compiled by Archana Lakshmi Narasiah in Bengaluru) 
 ((archana.narasiah@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. + 91 80 6677 
3126)(Reuters messaging:archana.narasiah.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH EUROPE/