Europe Research Roundup: Bayer, Ceres Power Holdings, EasyJet
EUROPE RESEARCH ROUNDUP- Bayer, Ceres Power Holdings, EasyJet May 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bayer, Ceres Power Holdings and EasyJet on Friday.
HIGHLIGHTS
* AMG AMG.AS: Citigroup raises target price to EUR 52 from EUR 45 |
* Bayer AG BAYGn.DE: Jefferies assumes coverage with hold rating |
* Ceres Power Holdings Plc CWR.L: Berenberg raises target price to 980p from 530p |
* EasyJet EZJ.L: Goldman Sachs cuts target price to 450p from 565p |
* SFC Energy F3CG.DE: Deutsche Bank raises target price to EUR 26 from EUR 21.5 |
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* Acomo NV ARBN.AS: ING cuts cuts target price to EUR 23 from EUR 26 |
* Acomo NV ARBN.AS: ING cuts to hold from buy |
* AMG AMG.AS: Citigroup raises target price to EUR 52 from EUR 45 |
* B&M BMEB.L: Deutsche Bank cuts target price to 155p from 175p |
* B&M BMEB.L: Deutsche Bank cuts to sell from hold |
* Banco Sabadell SABE.MC: Morgan Stanley cuts target price to EUR 2.85 from EUR 3.35 |
* Bayer AG BAYGn.DE: Jefferies assumes coverage with hold rating |
* Bayer AG BAYGn.DE: Jefferies assumes coverage with target price EUR 40 vs EUR 25 |
* Bellway Plc BWY.L: BofA Global Research cuts price objective to 2060p from 2200p |
* Bloomsbury Publishing Plc BLPU.L: Deutsche Bank raises target price to 760p from 700p |
* Capgemini CAPP.PA: UBS cuts target price to EUR 107 from EUR 112 |
* CD Projekt CDR.WA: Barclays cuts target price to PLN 155 from PLN 165 |
* Ceres Power Holdings Plc CWR.L: Berenberg raises target price to 980p from 530p |
* Currys Plc CURY.L: Deutsche Bank cuts target price to 150p from 155p |
* Currys Plc CURY.L: Deutsche Bank cuts to hold from buy |
* Derichebourg DBG.PA: Portzamparc raises PT to EUR 10.3 from EUR 8.2; rating 'accumulate' |
* Diploma Plc DPLM.L: Jefferies raises target price to 7,000p from 5,700p |
* Dormakaba Holding AG DOKA.S: Deutsche Bank cuts target price to CHF 77 from CHF 80 |
* Dsm-Firmenich AG DSFIR.AS: Morgan Stanley raises target price to EUR 71 from EUR 69 |
* Dunelm DNLM.L: Deutsche Bank cuts target price to 850p from 1200p |
* Dunelm Group Plc DNLM.L: Deutsche Bank cuts to hold from buy |
* EasyJet EZJ.L: Goldman Sachs cuts target price to 450p from 565p |
* Elekta AB EKTAb.ST: Barclays cuts target price to SEK 44.5 from SEK 46 |
* Essilorluxottica SA ESLX.PA: Morgan Stanley cuts target price to EUR 225 from EUR 315 |
* Gresham House Energy Storage Fund Plc GRID.L: JP Morgan raises to overweight from neutral |
* H&M HMb.ST: Jefferies cuts target price to SEK 154 from SEK 164 |
* Johnson Matthey Plc JMAT.L: Deutsche Bank raises target price to 2400p from 2120p |
* National Grid Plc NG.L: Morgan Stanley cuts target price to 1475p from 1480p |
* National Grid Plc NG.L: RBC cuts target price to 1375p from 1400p |
* Orkla ORK.OL: UBS cuts target price to NOK 89 from NOK 130 |
* Orkla ORK.OL: UBS cuts to sell from neutral |
* Rolls Royce RR.L: Exane BNP Paribas initiates coverage with outperform rating |
* Rolls Royce RR.L: Exane BNP Paribas initiates coverage with price target 1500p |
* Sainsbury'S SBRY.L: Deutsche Bank cuts target price to 360p from 365p |
* Sandvik SAND.ST: UBS raises target price to SEK 300 from SEK 280 |
* SFC Energy F3CG.DE: Deutsche Bank raises target price to EUR 26 from EUR 21.5 |
* Softcat Plc SCTS.L: UBS raises target price to 1700p from 1350p |
* Soitec SA SOIT.PA: Citigroup raises target price to EUR 110 from EUR 34 |
* Unite Group Plc UTG.L: UBS initiates coverage with buy rating |
* Victorian Plumbing VIC.L: Deutsche Bank raises target price to 85p from 80p |
* Whitbread Plc WTB.L: Barclays cuts target price to 2100p from 2500p |
* Wickes Group Plc WIX.L: Deutsche Bank cuts PT to 165p from 235p |
* Wickes Group Plc WIX.L: Deutsche Bank cuts to sell from hold |
(Compiled by Bengaluru Newsroom)