Europe Research Roundup: Arkema, British Land Company, Hammerson

X-Fab Silicon Foundries Europese Vennootschap

07/11/2018 09:21

Nov 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Arkema SA, British Land Company Plc and Hammerson Plc, on
Wednesday. 
    
 HIGHLIGHTS  
     * Arkema SA  AKE.PA : Credit Suisse raises to neutral from underperform 
     * British Land Company Plc  BLND.L : Barclays cuts to equal weight from overweight
     * Hammerson Plc  HMSO.L : Barclays cuts to underweight from equal weight
     * Newriver REIT Plc  NRRT.L : Barclays cuts to equal weight from overweight
     * Weir Group Plc  WEIR.L : Barclays cuts target price to 2250p from 2400p 
        
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     
     * Accorhotels  ACCP.PA : Credit Suisse cuts target price to EUR 41 from EUR 42.50
     * Arkema SA  AKE.PA : Credit Suisse raises to neutral from underperform 
     * Arkema SA  AKE.PA : Credit Suisse cuts target price to EUR 101 from EUR 106
     * British Land Company Plc  BLND.L : Barclays cuts target price to 580p from 730p
     * British Land Company Plc  BLND.L : Barclays cuts to equal weight from overweight
     * Campari  CPRI.MI : Jefferies raises target price to EUR 7 from EUR 6.70
     * Campari  CPRI.MI : RBC raises target price to EUR 6.6 from EUR 5.7
     * Codemasters Group Holdings Plc  CDM.L : Jefferies starts with buy rating; 231p target
     * Direct Line Insurance Group Plc  DLGD.L : Barclays cuts target price to 355p from 366p
     * Edenred  EDEN.PA : Barclays raises target price to EUR 37.5 from EUR 31
     * Eiffage  FOUG.PA : Barclays cuts target price to EUR 101 from EUR 102
     * Essity AB (Publ)  ESSITYb.ST : Morgan Stanley cuts target price to SEK 250 from SEK 260
     * Evonik Industries AG  EVKn.DE : Credit Suisse cuts target to EUR 31.30 from EUR 34.30
     * FMC AG  FMEG.DE : Barclays cuts target price to EUR 76 from EUR 87.20
     * Fresenius SE  FREG.DE : Barclays cuts target price to EUR 70 from EUR 80
     * Hammerson Plc  HMSO.L : Barclays cuts target price to 410p from 500p
     * Hammerson Plc  HMSO.L : Barclays cuts to underweight from equal weight
     * Imperial Brands Plc  IMB.L : RBC cuts target price to 2300p from 2400p
     * Intercontinental Hotels Group  IHG.L : Credit Suisse cuts target to 5430p from 5650p
     * Land Securities Group Plc  LAND.L : Barclays cuts target price to 790p from 910p
     * M6  MMTP.PA : Barclays cuts target price to EUR 23.5 from EUR 24.5
     * Millennium & Copthorne Hotels Plc  MLC.L : Credit Suisse raises target to 425p from 420p
     * Newriver REIT Plc  NRRT.L : Barclays cuts target price to 260p from 350p
     * Newriver REIT Plc  NRRT.L : Barclays cuts to equal weight from overweight
     * Pandora  PNDORA.CO : RBC raises target price to DKK 450 from DKK 400
     * Prosiebensat 1 Media SE  PSMGn.DE : Liberum cuts target price to EUR 22 from EUR 27
     * Sumo Group Plc  SUMO.L : Jefferies starts with underperform rating; price target of 122p
     * Team17 Group Plc  TM17.L : Jefferies starts with hold rating; 219p price target
     * TGS Nopec Geophysical Company  TGS.OL : Barclays cuts target to NOK 335 from NOK 360
     * Weir Group Plc  WEIR.L : Barclays cuts target price to 2250p from 2400p
     * X Fab Silicon Foundries  XFAB.PA : Credit Suisse cuts target to EUR 4.10 from EUR 5.45
     * Zalando SE  ZALG.DE : Barclays cuts target price to EUR 45 from EUR 50
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))