Europe Research Roundup: B&M, Fidelity Emerging Markets, SBB

Xaar

Yesterday 07:24

Oct 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, Fidelity Emerging Markets and SBB, on Tuesday.
     
HIGHLIGHTS
     
* B&M BMEB.L: Berenberg raises target price to 340p from 290p 
* Fidelity Emerging Markets Ltd FEML.L: Jefferies initiates coverage with buy rating 
* LISI SA GFII.PA: Berenberg raises target price to EUR 83 from EUR 82 
* SBB SBBb.ST: Citigroup resumes coverage with neutral rating
* Xaar Plc XAR.L: Berenberg raises target price to 190p from 140p 

Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.


* Afry AFRY.ST: Kepler Cheuvreux raises target price to SEK 136 from SEK 100 
* Afry AFRY.ST: Kepler Cheuvreux raises to hold from reduce 
* Alfa Laval ALFA.ST: JP Morgan raises target price to SEK 610 from SEK 578
* Antofagasta Plc ANTO.L: Deutsche Bank cuts target price to 3300p from 3600p 
* Antofagasta Plc ANTO.L: Deutsche Bank raises to hold from sell 
* Argenx SE ARGX.BR: Bernstein cuts target price to EUR 914 from EUR 955 
* B&M BMEB.L: Berenberg raises target price to 340p from 290p 
* Balder BALDB.ST: Kepler Cheuvreux cuts target price to SEK 57 from SEK 61 
* Banco Comercial Portugues SA BCP.LS: Morgan Stanley ups PT to EUR 1.19 from EUR 1.13 
* Bankinter BKT.MC: JP Morgan cuts target price to EUR 18 from EUR 18.2 
* Bankinter BKT.MC: Kepler Cheuvreux cuts target price to EUR 15.8 from EUR 16 
* BASF BASFn.DE: Deutsche Bank cuts target price to EUR 53 from EUR 60 
* BASF BASFn.DE: Deutsche Bank cuts to hold from buy 
* Be Semiconductor BESI.AS: Deutsche Bank cuts target price to EUR 220 from EUR 240 
* Biomar Group A/S BIOMAR.CO: Morgan Stanley raises PT to DKK 131 from DKK 126 
* Bolloré BOLL.PA: Kepler Cheuvreux cuts target price to EUR 3.9 from EUR 4.1 
* Centiel CNTL.S: UBS raises target price to CHF 8.5 from CHF 7.93 
* Comet Holding AG COTNE.S: Berenberg raises target price to CHF 500 from CHF 490 
* Computacenter Plc CCC.L: Berenberg raises target price to 6750p from 6500p 
* Computacenter Plc CCC.L: BofA Global Research raises price objective to 7299p from 6951p 
* Computacenter Plc CCC.L: Stifel raises target price to 6,510p from 6,210p 
* Douglas AG DOUn.DE: UBS cuts target price to EUR 8 from EUR 8.5 
* DSV DSV.CO: JP Morgan raises target price to DKK 1500 from DKK 1400 
* EDP Renovaveis EDPR.LS: UBS cuts target price to EUR 13.35 from EUR 15 
* Electrolux ELUXb.ST: Deutsche Bank cuts target price to SEK 31 from SEK 33 
* Epc EEPC.PA: TP ICAP Midcap raises target price to €336 from €300; rating 'buy' 
* Essentra ESNT.L: Deutsche Bank raises target price to 115p from 100p 
* Evolution AB EVOG.ST: Morgan Stanley raises target price to SEK 780 from SEK 740 
* Fidelity Emerging Markets Ltd FEML.L: Jefferies initiates coverage with buy rating 
* Fraport FRAG.DE: Jefferies cuts target price to EUR 75 from EUR 85 
* GALP GALP.LS: UBS cuts target price to EUR 24 from EUR 25 
* Genfit GNFT.PA: Kepler Cheuvreux raises target price to EUR 22 from EUR 15 
* Genmab GMAB.CO: Deutsche Bank raises target price to DKK 3500 from DKK 3000 
* Getinge AB GETIb.ST: UBS raises target price to SEK 272 from SEK 255 
* Gjensidige Forsikring GJFG.OL: Goldman Sachs cuts to neutral from buy 
* Holmen HOLMb.ST: Citigroup cuts target price to SEK 335 from SEK 345 
* HSBC HSBA.L: BofA Global Research cuts price objective to 1685p from 1720p 
* HSBC HSBA.L: Morgan Stanley cuts target price to 1653p from 1837p 
* IHG IHG.L: Berenberg raises target price to $180 from $178 
* Italgas IG.MI: Bernstein cuts target price to EUR 9.40 from EUR 9.80 
* Jungheinrich AG JUNG_p.DE: Alphavalue cuts target price to EUR 28.9 from EUR 32.2 
* Kerry Group Plc KYGa.I: Berenberg raises target price to EUR 108 from EUR 103 
* Kingspan Group Plc KRX.I: Goldman Sachs raises target price to EUR 109 from EUR 96 
* Klepierre LOIM.PA: Berenberg cuts target price to EUR 40 from EUR 42 
* Klepierre LOIM.PA: JP Morgan raises target price to EUR 40 from EUR 39 
* Kuehne & Nagel International AG KNIN.S: Barclays raises target price to CHF 210 from CHF 200 
* Kuehne + Nagel KNIN.S: Kepler Cheuvreux raises target price to CHF 270 from CHF 250 
* Lifco LIFCOB.ST: Kepler Cheuvreux cuts target price to SEK 345 from SEK 350 
* Lifco LIFCOB.ST: Kepler Cheuvreux raises to buy from hold 
* LISI SA GFII.PA: Berenberg raises target price to EUR 83 from EUR 82 
* Metso METSO.HE: Barclays raises target price to EUR 15 from EUR 14 
* NCC Group Plc NCCG.L: Peel Hunt raises target price to 240p from 180p 
* Norsk Hydro NHY.OL: Barclays cuts target price to NOK 80 from NOK 88 
* Relx REL.AS: ING raises target price to EUR 46 from EUR 45
* Remy Cointreau RCOP.PA: Bernstein cuts to market perform from outperform 
* Rheinmetall RHMG.DE: Deutsche Bank cuts target price to EUR 1650 from EUR 1800 
* Roche Holding AG ROPC.S: Bernstein raises target price to CHF 447.98 from CHF 434.50 
* Royal Unibrew A/S RBREW.CO: Morgan Stanley raises target price to DKK 505 from DKK 500 
* Sainsbury'S SBRY.L: Deutsche Bank cuts target price to 365p from 390p 
* Sainsbury'S SBRY.L: Deutsche Bank cuts to hold from buy 
* Sampo SAMPO.HE: BofA Global Research raises price objective to EUR 11 from EUR 10.1 
* Sampo SAMPO.HE: BofA Global Research raises to buy from neutral
* Sartorius SATG_p.DE: Deutsche Bank raises target price to EUR 325 from EUR 284 
* SBB SBBb.ST: Citigroup resumes coverage with neutral rating
* SBB SBBb.ST: Citigroup resumes coverage with price target SEK 2.73 
* Schneider Electric SCHN.PA: Jefferies raises target price to EUR 329 from EUR 323 
* Signify NV LIGHT.AS: JP Morgan cuts target price to EUR 18 from EUR 18.8 
* Sika AG SIKA.S: Alphavalue raises target price to CHF 208 from CHF 206 
* Snam SRG.MI: Bernstein cuts target price to EUR 6.20 from EUR 6.40 
* Sodexo EXHO.PA: Deutsche Bank raises target price to EUR 58 from EUR 52 
* Sodexo EXHO.PA: JP Morgan raises target price to EUR 70 from EUR 68 
* Subsea 7 SUBC.OL: Kepler Cheuvreux raises target price to NOK 465 from NOK 455 
* Suedzucker AG SZUG.DE: Barclays cuts target price to EUR 13 from EUR 13.7 
* Templeton Emerging Markets Investment Trust Plc TEM.L: Jefferies initiates coverage with buy rating 
* Tikehau Capital TKOO.PA: Deutsche Bank cuts target price to EUR 18.5 from EUR 21.5 
* Tikehau Capital TKOO.PA: Deutsche Bank cuts to hold from buy
* Umicore UMI.BR: KBC Securities cuts target price to €21 from €23; rating 'accumulate' 
* Unite Group UTG.L: Kepler Cheuvreux cuts target price to 590p from 605p 
* Valeo SA VLOF.PA: Deutsche Bank cuts target price to EUR 11 from EUR 13 
* Vinacapital Vietnam Opportunity Fund Ltd VOF.L: Jefferies initiates coverage with hold rating 
* Volution Group Plc FAN.L: Jefferies raises target price to 900p from 850p 
* Volvo VOLVb.ST: BofA Global Research cuts price objective to SEK 350 from SEK 380 
* Volvo Car VOLCARb.ST: Bernstein cuts target price to SEK 10 from SEK 16 
* Wiit S.P.A. WIIT.MI: Equita cuts target price to EUR 34 from EUR 38 
* Xaar Plc XAR.L: Berenberg raises target price to 190p from 140p 
* Yara International ASA YAR.OL: Deutsche Bank cuts PT to NOK 415 from NOK 445 


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