Europe Research Roundup: Akzo Nobel, Evonik Industries, HSBC Holdings

Gateway Real Estate AG

12/12/2019 07:31

Dec 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Akzo Nobel, Evonik Industries and HSBC Holdings on Thursday. 
    
    HIGHLIGHTS  
     * Akzo Nobel NV  AKZO.AS : JP Morgan raises to neutral from underweight
     * Clariant AG  CLN.S : Exane BNP Paribas raises to outperform from neutral
     * Evonik Industries  EVKn.DE : JP Morgan raises to overweight from neutral
     * HSBC Holdings Plc  HSBA.L : BofA Global Research raises to buy from neutral
     * Solvay  SOLB.BR : JP Morgan raises to overweight from neutral
     
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.     
  
     * Airtel Africa Plc  AAF.L : JP Morgan raises target price to 78p from 72p
     * Akzo Nobel  AKZO.AS : JP Morgan establishes Dec-20 PT of EUR 85 vs Dec-19 PT of EUR 76.50
     * Akzo Nobel NV  AKZO.AS : JP Morgan raises to neutral from underweight
     * Arkema SA  AKE.PA : JP Morgan establishes Dec-20 PT of EUR 100 vs Dec-19 PT of EUR 90
     * Ashtead Group Plc  AHT.L : Liberum cuts target price to 2616p from 2678p
     * BASF SE  BASFn.DE : Exane BNP Paribas cuts to neutral from outperform
     * BASF SE  BASFn.DE : JP Morgan roll forward Dec-20 PT of EUR 65 vs Dec-19 PT of EUR 59
     * Clariant AG  CLN.S : Exane BNP Paribas raises target price by 7 pct to CHF 23
     * Clariant AG  CLN.S : Exane BNP Paribas raises to outperform from neutral
     * Croda International Plc  CRDA.L : Credit Suisse raises target price to 4,100p from 4,000p
     * EDP  EDP.LS : SocGen resumes with buy vs hold rating; EUR 4.10 vs EUR 3.50 price target
     * EDPR  EDPR.LS : SocGen cuts to hold from buy; raises price target to EUR 11 from EUR 10
     * Evonik Industries  EVKn.DE : JP Morgan raises to overweight from neutral
     * Evonik Industries  EVKn.DE : JP Morgan roll forward Dec-20 EUR 29 PT vs Dec-19 EUR 26 PT 
     * Gateway Real Estate AG  GTYG.DE : Credit Suisse raises target to EUR 4.40 from EUR 4.10
     * HSBC Holdings Plc  HSBA.L : BofA Global Research raises to buy from neutral
     * JD Sports Fashion Plc  JD.L : Berenberg raises target price to 860p from 800p
     * LSL Property Services Plc  LSL.L : Jefferies raises target price to 264p from 258p
     * Solvay  SOLB.BR : Exane BNP Paribas cuts target price to EUR 95 from EUR 99
     * Solvay  SOLB.BR : Exane BNP Paribas cuts to underperform from neutral
     * Solvay  SOLB.BR : JP Morgan raises target price to EUR 120 from EUR 105
     * Solvay  SOLB.BR : JP Morgan raises to overweight from neutral
     * Synthomer Plc  SYNTS.L : JP Morgan establishes Dec-20 PT of 300p vs Dec-19 PT of 375p
     * Synthomer Plc  SYNTS.L : JP Morgan raises to neutral from underweight
     * Telefonica Deutschland  O2Dn.DE : Credit Suisse cuts target to EUR 2.70 from EUR 2.90
     * Turk Telekomunikasyon As  TTKOM.IS : JP Morgan cuts to underweight from neutral
     * Turk Telekomunikasyon As  TTKOM.IS : JP Morgan raises target price to TL 7.2 from TL 7
     * Turkcell  TCELL.IS : JP Morgan raises target price to TL 17 from TL 16
     * Yara International  YAR.OL : JP Morgan establishes Dec-20 NOK 375 PT vs Dec-19 NOK 400 PT
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))