Europe Research Roundup: ABB, Bankia, Paddy Power Betfair
21/07/2017 08:38
July 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Exel Composites, Paddy Power Betfair and South32, on Friday.
HIGHLIGHTS
* ABB Ltd ABBN.S : Morgan Stanley cuts to equal-weight from overweight
* Bankia BKIA.MC : UBS cuts to sell from neutral
* Exel Composites Oyj EXL1V.HE : Inderes cuts to reduce from increase
* Paddy Power Betfair Plc PPB.L : Investec cuts to sell from buy
* South32 Ltd S32.L : Citigroup cuts to neutral rating
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* ABB Ltd ABBN.S : Morgan Stanley cuts to equal-weight from overweight
* Adidas AG ADSGn.DE : Credit Suisse raises target price to EUR 180 from EUR 170; neutral
* Airbus Group AIR.PA : JP Morgan cuts target price to 95.5 euros from 96.5 euros
* Ams AG AMS.S : JP Morgan starts with neutral rating; SFR 72 price target
* Anglo American Plc AAL.L : JP Morgan raises target price to 1500p from 1450p
* Aperam SA APAM.AS : Citigroup cuts price target to EUR 49.5 from EUR 52.5
* Assa Abloy ASSAb.ST : Goldman Sachs cuts to neutral from buy
* Assa Abloy ASSAb.ST : Jefferies cuts target price to SEK 205 from SEK 220; rating buy
* Aures Technologies AURS.PA : Midcap Parters raises target to EUR 40 from EUR 34; buy
* Awox SA AWOX.PA : Portzamparc Suspends Coverage; last rating hold
* Bankia BKIA.MC : UBS cuts to sell from neutral
* Basler AG BSLG.DE : Berenberg starts with buy rating; EUR 185 price target
* Biomerieux SA BIOX.PA : Berenberg cuts to sell from hold
* Biomerieux SA BIOX.PA : Berenberg raises target price to EUR 160 EUR 130
* Boliden AB BOL.ST : Berenberg raises target price to SEK 255 from SEK 250
* BP Plc BP.L : Canaccord Genuity cuts target price to 510p from 525p
* Caixabank CABK.MC : UBS cuts to neutral from buy
* Caverion Oyj CAV1V.HE : Inderes cuts target to EUR 7.30 from EUR 7.5; rating reduce
* Cerenis Therapeutics Holding SA CEREN.PA : Kepler Cheuvreux cuts target to 1.70 euros
* Coil SA ALCOI.PA : Portzamparc cuts target price to EUR 14 from EUR 27; rating hold
* Compagnie Des Alpes SA CDAF.PA : SocGen cuts to hold from buy
* Derichebourg SA DBG.PA : Midcap Partners raises target to EUR 10.0 from EUR 8.3; buy
* EasyJet Plc EZJ.L : HSBC raises target price to 1600p from 1550p; rating buy
* EasyJet Plc EZJ.L : JP Morgan raises target price to 1350p from 1340p
* EasyJet Plc EZJ.L : Morgan Stanley ups target price to 1230p from 1040p; equal-weight
* Enel ENEI.MI : Berenberg raises target price to EUR 5.75 from EUR 4.50; rating buy
* Exel Composites Oyj EXL1V.HE : Inderes cuts to reduce from increase
* Exel Composites Oyj EXL1V.HE : Inderes raises target price to EUR 6.75 from EUR 6.30
* Exel Industries EXEP.PA : Portzamparc raises target to EUR 107 from EUR 105; accumulate
* Finnair Oyj FIA1S.HE : Inderes raises target price to EUR 7.25 from EUR 4.75; reduce
* Fleury Michon SA FLMI.PA : Portzamparc cuts target price to EUR 47 from EUR 50; sell
* Fraport FRAG.DE : Deutsche Bank raises target price to EUR 74.30 from EUR 70
* Fresenius Medical Care FMEG.DE : Deutsche Bank cuts target price to EUR 85 from EUR 87
* GEA Group G1AG.DE : Credit Suisse cuts target price to EUR 40 from EUR 42; outperform
* Givaudan SA GIVN.S : Deutsche Bank cuts target price to SFR 1800 from SFR 1825
* Givaudan SA GIVN.S : JP Morgan raises target price to SFR 2100 from SFR 2050
* Halma Plc HLMA.L : JP Morgan raises target price to 1065p from 925p
* Hannover Re HNRGn.DE : Morgan Stanley Assume coverage with EUR 105.90 price target
* Hannover Re HNRGn.DE : Morgan Stanley Assume coverage with underweight rating
* ID Logistics Sas IDLA.PA : Midcap Partners ups target to EUR 127 from EUR 125; neutral
* Infineon Technologies AG IFXGn.DE : Exane BNP Paribas cuts to underperform from neutral
* Inmarsat Plc ISA.L : HSBC cuts target price to 830p from 850p; rating hold
* Julius Baer Gruppe AG BAER.S : HSBC raises target price to SFR 52 from SFR 49
* Just Group Plc JUSTJ.L : RBC raises price target to 220p from 210p ; rating outperform
* Krones AG KRNG.DE : Deutsche Bank raises target price to EUR 110 from EUR 106
* Krones AG KRNG.DE : Kepler Cheuvreux raises price target to 101 euros from 90 euros
* Krones AG KRNG.DE : Kepler Cheuvreux raises to hold from reduce
* Kuehne Und Nagel KNIN.S : Morgan Stanley raises target price to SFR 160 from SFR 155
* Learning Technologies Group Plc LTGL.L : Numis raises to buy from hold
* Legal & General Group Plc LGEN.L : RBC ups price target to 320p from 310p; outperform
* Lenta Ltd LNTAq.L : HSBC cuts target price to $5.8 from $7.1; rating hold
* London stock Exchange Group LSE.L : RBC raises target to 4000p from 3800p; outperform
* Midwich Group Plc MIDWM.L : Investec raises target price to 400p from 375p
* Moneysupermarket.com Group Plc MONY.L : Citigroup cuts price target to 400p from 425p
* Munich Re MUVGn.DE : Morgan Stanley assumes coverage with equal-weight rating
* Munich Re MUVGn.DE : Morgan Stanley assumes coverage with EUR 196 price target
* Nordea NDA1V.HE : Credit Suisse cuts target price to EUR 12.60 from EUR 13
* Norsk Hydro ASA NHY.OL : Berenberg raises target price to NOK 55 from NOK 54
* Oncodesign SA ALONC.PA : Kepler Cheuvreux cuts price target to 15 euros from 17 euros
* Paddy Power Betfair Plc PPB.L : Investec cuts target price to 6970p from 10000p
* Paddy Power Betfair Plc PPB.L : Investec cuts to sell from buy
* Panalpina Welttransport PWTN.S : Kepler Cheuvreux cuts target to SFR 143 from SFR 147
* Panalpina Welttransport PWTN.S :Morgan Stanley cuts target price to SFR 125 from SFR 130
* Pearson Plc PSON.L : Liberum cuts target price to 330p from 360p
* Phoenix Group Holdings PHNX.L : RBC raises price target to 910p from 900p; outperform
* Prudential Plc PRU.L : Barclays raises target price to 1949p from 1931p
* Prudential Plc PRU.L : RBC raises price target to 1620p from 1600p ; sector perform
* Publicis PUBP.PA : Barclays raises target price to EUR 74 from EUR 70; equal weight
* Publicis PUBP.PA : HSBC raises target price to 81.5 euros from 80.5 euors; rating buy
* RSA Insurance Group Plc RSA.L : Deutsche Bank raises target price to 620p from 570p
* Rubis SCA RUBF.PA : Kepler Cheuvreux raises price target to 120 euros from 110 euros
* Sage Group Plc SGE.L : Goldman Sachs adds to conviction list; rating buy
* Schaeffler AG SHA_p.DE : Morgan Stanley cuts target price to 14 euros from 15.50 euros
* Scor SCOR.PA : Morgan Stanley assumes coverage with equal-weight rating
* Scor SCOR.PA : Morgan Stanley assumes coverage with EUR 39.20 price target
* SES SA SESFd.PA : HSBC cuts target price to 20 euros from 20.5 euors; rating hold
* Sixt SE SIXG.DE : DZ Bank raises target price to 66 euros from 57.50 euors; rating buy
* Solvay SOLB.BR : Barclays raises target price to EUR 116 from EUR 113
* Somfy SA DAMA.PA : SocGen cuts target price to EUR 88 from EUR 95
* Somfy SA DAMA.PA : SocGen cuts to hold from buy
* South32 Ltd S32.L : Citigroup cuts to neutral rating
* SRV Yhtiot Oyj SRV1V.HE : Inderes cuts target price to EUR 4.85 from EUR 5.1
* SRV Yhtiot Oyj SRV1V.HE : Inderes cuts to reduce from increase
* SSAB AB SSABa.ST : Kepler Cheuvreux raises price target to SEK 47 from SEK 45
* SSP Group Plc SSPG.L : Goldman Sachs starts with neutral rating; 512p price target
* Stef STF.PA : Midcap Partners raises target price to EUR 107 from EUR 101; rating buy
* Swiss Re AG SRENH.S : Morgan Stanley assumes coverage with overweight rating
* Swiss Re AG SRENH.S : Morgan Stanley assumes coverage with SFR 104.30 price target
* Tarkett SA TKTT.PA : Kepler Cheuvreux cuts price target to 46.50 euros from 49 euros
* Telia TELIA.ST : Barclays raises target price to SEK 40 from SEK 38
* Telia TELIA.ST : HSBC raises target price to SEK 41 from SEK 39.5; rating hold
* Total SA TOTF.PA : Canaccord Genuity raises to buy from hold
* Tullow Oil Plc TLW.L : SocGen starts with buy rating; 208p price target
* Unilever Plc ULVR.L : Berenberg raises target price to 5075p from 4850p
* United Utilities Group Plc UU.L : HSBC cuts target price to 1000p from 1070p;rating buy
* Valeo VLOF.PA : JP Morgan raises target price to 75 euros from 70 euros
* Volvo AB VOLVb.ST : Morgan Stanley raises target price to SEK 115 from SEK 90
* Wartsila WRT1V.HE : Credit Suisse raises target price to EUR 50 from EUR 44; neutral
* Wartsila Oyj Abp WRT1V.HE : Inderes raises target price to EUR 57 from EUR 54; reduce
* Wartsila Oyj Abp WRT1V.HE : JP Morgan raises target price to 57.5 euros from 51 euros
* Wartsila Oyj Abp WRT1V.HE : Morgan Stanley raises target price to EUR 61 from EUR 58
* Witbe SA ALWIT.PA : Portzamparc cuts to reduce from buy; target price EUR 8.2
* X5 Retail Group NV PJPq.L : Berenberg raises target price to $40.50 from $37.80
* Zalando SE ZALG.DE : Berenberg cuts target price to EUR 33 from EUR 34
* Zalando SE ZALG.DE : Berenberg cuts to sell from hold
(Compiled by Bengaluru Newsroom)
((Bengaluru Newsroom: +1 646 223 8780))
Keywords: RESEARCH EUROPE/