Europe Research Roundup: DCC, Norsk Hydro ASA, Partners Group Holding AG
28/10/2020 15:53
Oct 28 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including DCC, Norsk Hydro ASA and Partners Group Holding AG, on Wednesday.
HIGHLIGHTS
* Aveva AVV.L : Credit Suisse cuts to neutral from outperform
* Bechtle AG BC8G.DE : Kepler Cheuvreux raises to buy from hold
* DCC DCC.L : RBC raises to outperform from sector perform
* Norsk Hydro ASA NHY.OL : JP Morgan raises to neutral from underweight
* Partners Group Holding AG PGHN.S : SocGen initiates coverage with hold rating
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* 1&1 Drillisch AG DRIG.DE : HSBC cuts target price to EUR 17 from EUR 21
* Acea SpA ACE.MI : Kepler Cheuvreux raises target price to EUR 22 from EUR 20
* Altice Europe NV ATCA.AS : Deutsche Bank raises target price to EUR 9.75 from EUR 9
* Applus APPS.MC : Kepler Cheuvreux cuts target price to EUR 9.5 from EUR 9.6
* Assystem SA ASY.PA : Kepler Cheuvreux cuts target price to EUR 32 from EUR 36
* Aston Martin AML.L : Panmure Gordon cuts target price to 17p from 20p
* Atlantic Sapphire As ATLH.OL : Kepler Cheuvreux raises to buy from hold
* Aveva AVV.L : Credit Suisse cuts to neutral from outperform
* Aveva AVV.L : Credit Suisse raises target price to 4,800p from 4,700p
* Banco BPM BAMI.MI : UBS raises target price to EUR 1.05 from EUR 0.97
* BASF SE BASFn.DE : Independent Research cuts PT to EUR 53.00 from EUR 54.00; rating hold
* Bawag Group AG BAWG.VI : JP Morgan cuts target price to EUR 44 from EUR 46
* Bechtle AG BC8G.DE : Kepler Cheuvreux raises target price to EUR 180 from EUR 162
* Bechtle AG BC8G.DE : Kepler Cheuvreux raises to buy from hold
* Beiersdorf AG BEIG.DE : Independent Research cuts PT to EUR 102.00 from EUR 104.00; hold
* Beiersdorf AG BEIG.DE : RBC raises price target to EUR 100 from EUR 98
* Beneteau SA CHBE.PA : Kepler Cheuvreux raises target price to EUR 8 from EUR 6.5
* Beneteau SA CHBE.PA : Portzamparc raises target price to EUR 9.0 from EUR 7.5
* Beneteau SA CHBE.PA : Portzamparc raises to accumulate from hold
* BP BP.L : Berenberg cuts target price to 250p from 260p
* Brenntag AG BNRGn.DE : Independent Research raises PT to EUR 61 from EUR 55; rating hold
* Bureau Veritas BVI.PA : Berenberg raises price target to EUR 24 from EUR 22.80
* Campari CPRI.MI : Barclays raises target price to EUR 9.8 from EUR 8.7
* Campari CPRI.MI : Berenberg raises price target to EUR 10.60 from EUR 9.50
* Campari CPRI.MI : Bryan Garnier raises target price to EUR 9.1 from EUR 8.4
* Campari CPRI.MI : Credit Suisse raises target price to EUR 8.20 from EUR 8
* Campari CPRI.MI : Deutsche Bank raises target price to EUR 9 from EUR 8.5
* Campari CPRI.MI : Jefferies raises target price to EUR 9 from EUR 8.50
* Campari CPRI.MI : Kepler Cheuvreux raises target price to EUR 10.7 from EUR 8.50
* Campari CPRI.MI : Kepler Cheuvreux raises to buy from hold
* Capgemini CAPP.PA : Credit Suisse cuts target price to EUR 130 from EUR 150
* Carlsberg CARLb.CO : Barclays raises target price to DKK 1021 from DKK 1005
* Carlsberg CARLb.CO : Bryan Garnier cuts target price to DKK 1120 from DKK 1200
* Carlsberg CARLb.CO : Credit Suisse raises price target to DKK 1040 from DKK 1020
* Carlsberg CARLB.CO : Sydbank raises to buy from hold
* CD Projekt SA CDR.WA : Barclays cuts target price to PLN 355 from PLN 405
* Covestro AG 1COV.DE : Citigroup raises price target to EUR 56 from EUR 50
* Covestro AG 1COV.DE : Berenberg raises price target to EUR 47 from EUR 36
* Covestro AG 1COV.DE : Credit Suisse raises target price to EUR 50 from EUR 49
* Creval PCVI.MI : UBS cuts target price to EUR 7 from EUR 7.7
* Daimler AG DAIGn.DE : Barclays raises target price to EUR 55 from EUR 45
* DCC DCC.L : RBC raises to outperform from sector perform
* Detection Technology Oyj DETEC.HE : Inderes ups PT to EUR 20 from EUR 18; rating reduce
* Diasorin SpA DIAS.MI : Kepler Cheuvreux raises target price to EUR 192 from EUR 182
* Efecte Oyj EFECTE.HE : Inderes raises target to EUR 9.2 from EUR 8.0; rating increase
* Enel ENEI.MI : JP Morgan Rolls Forward Dec-2021 PT of EUR 8 vs Dec-2020 PT of EUR 7.6
* EQ Oyj EQV1V.HE : Inderes raises to buy from reduce; target to EUR 15.0 from EUR 14.0
* Eurofins Scientific SE EUFI.PA : Berenberg raises price target to EUR 835 from EUR 750
* Exel Industries SA EXEP.PA : Portzamparc raises target price to EUR 42 from EUR 42
* Exel Industries SA EXEP.PA : Portzamparc raises to Accumulate from hold
* FFP SA FFPP.PA : HSBC raises target price to EUR 96 from EUR 69
* FFP SA FFPP.PA : HSBC raises to buy from hold
* Fincantieri SpA FCT.MI : Kepler Cheuvreux cuts target price to EUR 0.48 from EUR 0.53
* Flutter Entertainment FLTRF.L : BofA Global Research adds stock to its europe 1 list
* Galp Energia SA GALP.LS : SocGen raises to buy from hold
* Generali GASI.MI : Deutsche Bank raises to buy from hold
* Hannover Rueck SE HNRGn.DE : HSBC raises target price to EUR 146 from EUR 140
* Heineken NV HEIN.AS : Degroof Petercam raises PT to EUR 75 from EUR 72; rating reduce
* Heineken NV HEIN.AS : Bryan Garnier cuts target price to EUR 80 from EUR 87
* Hellofresh SE HFGG.DE : Morgan Stanley raises price target to EUR 48 from EUR 46
* Hermes HRMS.PA : Credit Suisse raises target price to EUR 820 from EUR 700
* Hochschild HOCM.L : Berenberg raises target price to 240p from 230p
* HSBC HSBA.L : UBS raises target price to 330p from 310p
* HSBC HSBA.L : Barclays raises target price to 380p from 350p
* HSBC HSBA.L : Credit Suisse raises target price to 315p from 310p
* HSBC HSBA.L : Deutsche Bank raises target price to 305p from 300p
* Hummingbird Resources Plc HUMR.L : Berenberg cuts price target to 65p from 67p
* Idorsia Ltd IDIA.S : Deutsche Bank cuts target price to CHF 35 from CHF 38
* Idorsia Ltd IDIA.S : Jefferies cuts target price to CHF 28 from CHF 29
* Idorsia Ltd IDIA.S : JP Morgan cuts target price to CHF 30 from CHF 34
* IMI Plc IMI.L : RBC raises price target to 1260p from 1230p
* Innofactor Plc IFA1V.HE : Evli raises price target to EUR 1.45 from EUR 1.35
* Innofactor Plc IFA1V.HE : Inderes raises target to EUR 1.4 from EUR 1.3; rating increase
* Interparfums SA IPAR.PA : Kepler Cheuvreux raises target price to EUR 42 from EUR 40.91
* Interparfums SA IPAR.PA : Midcap Partners cuts PT to EUR 41.2 from EUR 45.2; neutral
* Intesa Sanpaolo SpA ISP.MI : UBS cuts target price to EUR 2.35 from EUR 2.4
* Kaz Minerals KAZ.L : Jefferies raises target price to 640p from 575p
* Kinepolis Group NV KIPO.BR : KBC cuts PT to EUR 30.00 from EUR 43.00; rating accumulate
* Kinnevik KINVb.ST : Deutsche Bank raises target price to SEK 358 from SEK 257
* M6 MMTP.PA : Citigroup raises price target to EUR 10.65 from EUR 10.5
* M6 MMTP.PA : Kepler Cheuvreux raises target price to EUR 13.5 from EUR 12.5
* Maisons Du Monde SA MDM.PA : JP Morgan cuts target price to EUR 15 from EUR 17
* Maisons Du Monde SA MDM.PA : Kepler Cheuvreux raises target price to EUR 13 from EUR 12
* Mediobanca MDBI.MI : Morgan Stanley raises price target to EUR 9.20 from EUR 9
* Melexis NV MLXS.BR : Cowen and Company cuts price target to EUR 68.50 from EUR 72
* Merck KGaA MRCG.DE : Kepler Cheuvreux raises target price to EUR 144 from EUR 134
* Molecular Partners AG MOLN.S : SVB Leerink starts with outperform rating; PT CHF 34
* National Grid Plc NG.L : Citigroup raises price target to 939p from 916p
* Nedap NEDP.AS : Kepler Cheuvreux raises target price to EUR 50 from EUR 44
* Next NXT.L : Credit Suisse raises price target to 5800p from 5500p
* Nokian Tyres Plc TYRES.HE : Deutsche Bank raises target price to EUR 22 from EUR 20
* Nokian Tyres Plc TYRES.HE : Inderes raises PT to EUR 26.0 from EUR 22.0; rating reduce
* Norsk Hydro ASA NHY.OL : JP Morgan raises target price to NOK 36 from NOK 30
* Norsk Hydro ASA NHY.OL : JP Morgan raises to neutral from underweight
* Novartis AG NOVN.S : Independent Research raises PT to CHF 96.00 from CHF 94.00; buy
* Ocado OCDO.L : BofA Global Research adds stock to its europe 1 list
* Partners Group Holding AG PGHN.S : SocGen initiates coverage with hold rating
* Partners Group Holding AG PGHN.S : SocGen initiates coverage with PT of CHF 915
* Pendragon Plc PDG.L : Jefferies raises target price to 19p from 13p
* Qinetiq Group Plc QQ.L : JP Morgan cuts target price to 305p from 330p
* Raiffeisen Bank International AG RBIV.VI : Deutsche Bank cuts PT to EUR 17 from EUR 19
* Rational AG RAAG.DE : Kepler Cheuvreux raises target price to EUR 485 from EUR 400
* Relx REL.L : Independent Research cuts target price to 1400p from 1460p; rating sell
* Relx REL.L : Kepler Cheuvreux cuts target price to 1800p from 1870p
* Rentokil RTO.L : Citigroup raises price target to 650p from 600p
* Resurs Holding AB (Publ) RESURS.ST : Kepler Cheuvreux raises PT to SEK 47 from SEK 45
* Sagax AB SAGAa.ST : Kepler Cheuvreux raises target price to SEK 152 from SEK 136
* Salvatore Ferragamo SpA SFER.MI : UBS raises target price to EUR 12.3 from EUR 12.2
* Sampo SAMPO.HE : Citigroup raises price target to EUR 37.7 from EUR 34.2
* Sampo Plc SAMPO.HE : Kepler Cheuvreux raises target price to EUR 39.7 from EUR 39
* Santander SAN.MC : Credit Suisse raises target price to EUR 2.30 from EUR 2.20
* Santander SAN.MC : Deutsche Bank raises target price to EUR 2.8 from EUR 2.75
* Santander SAN.MC : KBW raises to market perform from underperform
* SAP SE SAPG.DE : Deutsche Bank cuts target price to EUR 120 from EUR 144
* SAP SE SAPG.DE : Goldman Sachs cuts target price to EUR 120 from EUR 160
* SAP SE SAPG.DE : Goldman Sachs removes stock from conviction list
* Scanfil Oyj SCANFL.HE : Inderes raises to buy from increase; target price to EUR 6.00
* Siili Solutions Oyj SIILI.HE : Inderes ups PT to EUR 12.5 from EUR 12.0; rating increase
* SKF SKFb.ST : Citigroup raises price target to SEK 200 from SEK 188
* SKF SKFb.ST : Credit Suisse raises target price to SEK 155 from SEK 140
* SKF SKFb.ST : Deutsche Bank raises target price to SEK 200 from SEK 170
* SKF SKFb.ST : Kepler Cheuvreux raises target price to SEK 209 from SEK 188
* SMCP SA SMCP.PA : Kepler Cheuvreux raises target price to EUR 6 from EUR 5
* Spire Healthcare Group Plc SPI.L : RBC raises target price to 115p from 100p
* SSE SSE.L : Citigroup raises price target to 1195p from 1117p
* St. James's Place SJP.L : Barclays cuts target price to 1053p from 1075p
* Swedish Match AB SWMA.ST : Citigroup raises price target to SEK 750 from SEK 740
* Swedish Match AB SWMA.ST : Credit Suisse raises target price to SEK 700 from SEK 660
* Telecom Italia TLIT.MI : Barclays cuts target price to EUR 0.35 from EUR 0.37
* Telecom Italia TLITn.MI : Barclays cuts target price to EUR 0.35 from EUR 0.37
* Teleperformance SE TEPRF.PA : Kepler Cheuvreux raises target to EUR 290 from EUR 275
* Teleperformance SE TEPRF.PA : Portzamparc raises PT to EUR 275 from EUR 265; rating hold
* Trelleborg AB TRELb.ST : Citigroup raises price target to SEK 200 from SEK 190
* Trelleborg AB TRELb.ST : Kepler Cheuvreux raises target price to SEK 188 from SEK 170
* Trelleborg AB TRELb.ST : Morgan Stanley raises price target to SEK 195 from SEK 190
* UBS Group AG UBSG.S : Deutsche Bank raises target price to CHF 11 from CHF 10
* United Internet AG UTDI.DE : HSBC cuts target price to EUR 34 from EUR 36
* UPM-Kymmene Oyj UPM.HE : UBS cuts target price to EUR 29 from EUR 29.8
* UPMKymmene Oyj UPM.HE : Kepler Cheuvreux raises target price to EUR 33 from EUR 32
* Valeo VLOF.PA : Deutsche Bank raises target price to EUR 25 from EUR 20
* Valmet Oyj VALMT.HE : Inderes cuts target price to EUR 23 from EUR 24; rating increase
* Wallenstam AB WALLb.ST : Barclays cuts target price to SEK 127 from SEK 129
* Wartsila Oyj Abp WRT1V.HE : Citigroup raises price target to EUR 7.2 from EUR 6
* Whitbread WTB.L : HSBC raises target price to 3095p from 3000p
* WPP WPP.L : Deutsche Bank cuts target price to 800p from 1090p
* X Fab Silicon Foundries XFAB.PA : Degroof Petercam ups PT to EUR 3.20 from EUR 3.07;hold
* X Fab Silicon Foundries XFAB.PA : Credit Suisse raises PT to EUR 2.20 from EUR 2.05
* X5 Retail Group PJPq.L : Renaissance Capital ups PT to $50 per GDR from $45; maintains
buy
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))