Europe Research Roundup: ABB, Nexans, Volution Group
EUROPE RESEARCH ROUNDUP-ABB, Nexans, Volution Group Oct 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB, Nexans and Volution Group, on Monday.
HIGHLIGHTS
* ABB Ltd ABBN.S: Panmure Liberum initiates coverage with hold rating |
* Italy'S Prysmian PRY.MI: Panmure Liberum initiates coverage with price target EUR 109 |
* Nexans NEXS.PA: Jefferies raises to buy from hold |
* Siemens AG SIEGn.DE: Panmure Liberum initiates coverage with price target EUR 325 |
* Volution Group Plc FAN.L: Peel Hunt raises target price to 750p from 735p |
The following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* ABB Ltd ABBN.S: Panmure Liberum initiates coverage with hold rating |
* ABB Ltd ABBN.S: Panmure Liberum initiates coverage with price target CHF 85 |
* Aberdeen ABDN.L: Barclays raises target price to 225p from 220p |
* Aberdeen Group Plc ABDN.L: RBC cuts target price to 240p from 245p |
* Activeops Plc AOM.L: Canaccord Genuity cuts target price to 300p from 355p |
* Aena AENA.MC: Morgan Stanley raises target price to EUR 32.5 from EUR 28.3 |
* Ambu A/S AMBUb.CO: Bernstein cuts target price to DKK 111.7 from DKK 116.40 |
* Amundi SA AMUN.PA: Barclays raises target price to EUR 90 from EUR 84 |
* Argenx SE ARGX.BR: Deutsche Bank cuts target price to EUR 850 from EUR 925 |
* Arkema S.A. AKE.PA: Morgan Stanley cuts target price to EUR 60 from EUR 62 |
* Aroundtown SA AT1.DE: Goldman Sachs cuts target price to EUR 1.3 from EUR 1.8 |
* Aroundtown SA AT1.DE: Goldman Sachs cuts to sell from neutral |
* Ashmore ASHM.L: Morgan Stanley cuts target price to 192p from 194p |
* Ashmore Group Plc ASHM.L: Barclays cuts target price to 170p from 180p |
* ASM International NV ASMI.AS: HSBC raises target price to EUR 1230 from EUR 1116 |
* ASML Holding ASML.AS: HSBC raises target price to EUR 2177 from EUR 2149 |
* Atlas Copco ATCOa.ST: Morgan Stanley raises target price to SEK 230 from SEK 222 |
* Belimo Holding AG BEAN.S: Jefferies raises target price to CHF 1050 from CHF 1035 |
* Billerud AB (Publ) BILL.ST: Citigroup raises target price to SEK 85 from SEK 75 |
* BNP Paribas BNPP.PA: RBC cuts target price to EUR 105 from EUR 109 |
* Carlsberg AsB CARLb.CO: Barclays raises target price to DKK 930 from DKK 792 |
* Carlsberg AsB CARLB.CO: Barclays raises to equalweight from underweight |
* Compass Group CPG.L: Citigroup cuts target price to $42.50 from $43 |
* Covivio SA CVO.PA: Goldman Sachs cuts target price to EUR 51 from EUR 60 |
* Cranswick Plc CWK.L: Peel Hunt raises target price to 6600p from 6100p |
* Cranswick Plc CWK.L: Peel Hunt raises to buy from add |
* Cvc Capital Partners CVC.AS: Morgan Stanley initiates coverage with PT EUR 18 |
* Cvc Capital Partners CVC.AS: Morgan Stanley initiates coverage with overweight rating |
* Credit Agricole CAGR.PA: RBC cuts target price to EUR 19 from EUR 20 |
* Danske Bank DANSKE.CO: Morgan Stanley raises target price to DKK 439 from DKK 436 |
* Demant DEMANT.CO: Deutsche Bank raises target price to DKK 343 from DKK 281 |
* Demant DEMANT.CO: JP Morgan raises target price to DKK 377 from DKK 315 |
* Demant DEMANT.CO: Morgan Stanley raises target price to DKK 429 from DKK 399 |
* Deutsche Boerse AG DB1Gn.DE: Morgan Stanley raises PT to EUR 298 from EUR 294 |
* Diageo DGE.L: Bernstein cuts target price to 2440p from 2490p |
* DR ING HC F Porsche AG P911_p.DE: Jefferies cuts target price to EUR 47 from EUR 49 |
* Exail Technologies SA EXA.PA: Berenberg cuts target price to EUR 134 from EUR 145 |
* Flatexdegiro FTKn.DE: Barclays cuts target price to EUR 44 from EUR 45 |
* Flatexdegiro SE FTKn.DE: Deutsche Bank cuts target price to EUR 31 from EUR 46 |
* Flatexdegiro SE FTKn.DE: Deutsche Bank cuts to hold from buy |
* Flughafen Zurich AG FHZN.S: Morgan Stanley cuts target price to CHF 208 from CHF 222 |
* Fraport AG Frankfurt Airport FRAG.DE: Morgan Stanley cuts PT to EUR 74 from EUR 78 |
* Genfit SA GNFT.PA: Leerink Partners assumes coverage with target price EUR 15 |
* Genfit SA GNFT.PA: Leerink Partners assumes coverage with outperform rating |
* Grenergy GREG.MC: UBS cuts target price to EUR 130 from EUR 140 |
* Groupe ADP ADP.PA: Morgan Stanley raises target price to EUR 147 from EUR 140 |
* HapagLloyd AG HLAG.DE: JP Morgan raises target price to EUR 90 from EUR 75 |
* Helvetia Baloise Holding AG HBANC.S: JP Morgan cuts PT to CHF 245 from CHF 250 |
* Hensoldt AG HAGG.DE: Barclays raises target price to EUR 101 from EUR 97 |
* Husqvarna HUSQb.ST: Jefferies cuts target price to SEK 35 from SEK 40 |
* Icade SA ICAD.PA: Goldman Sachs cuts target price to EUR 13.6 from EUR 16.7 |
* ICG Plc ICGIN.L: Jefferies cuts target price to 2700p from 2800p |
* Integrafin Holdings Plc IHPI.L: RBC raises target price to 530p from 500p |
* Italy'S Prysmian PRY.MI: Jefferies raises target price to EUR 165 from EUR 164 |
* Italy'S Prysmian PRY.MI: Panmure Liberum initiates coverage with price target EUR 109 |
* Italy'S Prysmian PRY.MI: Panmure Liberum initiates coverage with sell rating |
* Johnson Service Group Plc JSG.L: Deutsche Bank cuts target price to 200p from 210p |
* Kion Group AG KGX.DE: Jefferies cuts target price to EUR 37 from EUR 43 |
* Leg Immobilien SE LEGn.DE: Goldman Sachs cuts target price to EUR 44.3 from EUR 50.2 |
* Londonmetric LMPL.L: Goldman Sachs cuts target price to 180p from 200p |
* Lseg LSEG.L: Morgan Stanley raises target price to 10,600p from 10,500p |
* LVMH LVMH.PA: BofA Global Research cuts price objective to EUR 520 from EUR 640 |
* Maersk MAERSKb.CO: JP Morgan raises target price to DKK 12000 from DKK 10000 |
* Medincell SA MEDCL.PA: Stifel raises target price to EUR 38.5 from EUR 36.5 |
* MercedesBenz Group AG MBGn.DE: Jefferies cuts target price to EUR 46 from EUR 52 |
* Mondi MNDI.L: Citigroup cuts target price to 1020p from 1040p |
* Mony Group MONY.L: Morgan Stanley assumes coverage with equal weight rating |
* Mony Group MONY.L: Morgan Stanley assumes coverage with target price 197p vs 185p |
* National Grid Plc NG.L: JP Morgan cuts target price to 1310p from 1440p |
* Newron Pharmaceuticals SpA NWRN.S: H.C. Wainwright cuts target price to CHF 30 from CHF 44 |
* Nexans NEXS.PA: Jefferies raises to buy from hold |
* Nibe Industrier AB NIBEb.ST: Morgan Stanley cuts target price to SEK 45 from SEK 47 |
* NKT A/S NKT.CO: Jefferies cuts target price to DKK 1277 from DKK 1292 |
* Nordea Bank Abp NDAFI.HE: Morgan Stanley cuts target price to EUR 18.9 from EUR 19 |
* Opmobility SE OPM.PA: Citigroup cuts target price to EUR 11 from EUR 18 |
* Opmobility SE OPM.PA: Citigroup cuts to neutral from buy |
* Pandora PNDORA.CO: RBC cuts target price to DKK 875 from DKK 900 |
* Pennon Group Plc PNN.L: Deutsche Bank cuts target price to 380p from 550p |
* Pennon Group Plc PNN.L: Deutsche Bank cuts to hold from buy |
* Pernod Ricard PERP.PA: Bernstein cuts target price to EUR 108 from EUR 110 |
* Remy Cointreau RCOP.PA: Bernstein cuts target price to EUR 53 from EUR 54 |
* Renault RENA.PA: Citigroup cuts target price to EUR 35 from EUR 38 |
* Renault RENA.PA: Deutsche Bank cuts target price to EUR 30 from EUR 35 |
* Renault RENA.PA: Jefferies cuts target price to EUR 30 from EUR 32 |
* Roche Holding AG ROPC.S: Jefferies raises target price to CHF 250 from CHF 230 |
* Rockwool ROCKb.CO: Morgan Stanley cuts target price to DKK 268 from DKK 277 |
* RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 75 from EUR 70 |
* Schneider Electric SCHN.PA: Panmure Liberum initiates coverage with buy rating |
* Schneider Electric SCHN.PA: Panmure Liberum initiates coverage with PT EUR 330 |
* Siemens AG SIEGn.DE: Panmure Liberum initiates coverage with buy rating |
* Siemens AG SIEGn.DE: Panmure Liberum initiates coverage with price target EUR 325 |
* Siemens Energy AG ENR1n.DE: Panmure Liberum initiates coverage with PT EUR 125 |
* Siemens Energy AG ENR1n.DE: Panmure Liberum initiates coverage with sell rating |
* Societe Generale SA SOGN.PA: Barclays cuts target price to EUR 81 from EUR 90 |
* Sonova SOON.S: Deutsche Bank raises target price to CHF 253 from CHF 188 |
* SSP Group Plc SSPG.L: Berenberg cuts target price to 225p from 245p |
* St. James's Place SJP.L: RBC cuts target price to 1400p from 1500p |
* Standard Life Plc SDLF.L: RBC raises cuts target price to 950p from 970p |
* Standard Life Plc SDLF.L: RBC raises to outperform from sector perform |
* Stillfront Group AB (Publ) SFRG.ST: Goldman Sachs raises PT to SEK 4.7 from SEK 4.1 |
* Stora Enso STERV.HE: Citigroup raises target price to EUR 12 from EUR 11.90 |
* Swedbank SWEDa.ST: Morgan Stanley raises target price to SEK 392 from SEK 386 |
* Technip Energies N.V. TE.PA: Bernstein cuts target price to EUR 38 from EUR 47 |
* Tesco TSCO.L: BofA Global Research raises price objective to 570p from 540p |
* Tryg TRYG.CO: Berenberg raises target price to DKK 165 from DKK 160 |
* Tryg TRYG.CO: Goldman Sachs raises to neutral from sell |
* Unilever ULVR.L: Jefferies raises target price to 4,000p from 3,900p |
* Verbio VBKG.DE: Deutsche Bank cuts target price to EUR 40 from EUR 42 |
* Volution Group Plc FAN.L: Peel Hunt raises target price to 750p from 735p |
* Volvo Car VOLCARb.ST: Jefferies cuts target price to SEK 15.2 from SEK 20 |
* Vonovia SE VNAn.DE: Goldman Sachs cuts target price to EUR 18.4 from EUR 21.2 |
* WDP WDPP.BR: Goldman Sachs cuts target price to EUR 22.9 from EUR 25.6 |
* WH Smith Plc SMWH.L: Panmure Liberum initiates coverage with target price 420p |
* WH Smith Plc SMWH.L: Panmure Liberum initiates coverage with buy rating |
* Zalando SE ZALG.DE: Morgan Stanley assumes coverage with equal weight rating |
* Zalando SE ZALG.DE: Morgan Stanley assumes coverage with PT EUR 25 vs EUR 23.5 |
(Compiled by Bengaluru Newsroom)