EUROPE RESEARCH ROUNDUP-Alten SA, Bankia, Petrofac Ltd
Reuters | Jun 28, 2017, 01.30 PM IST(Corrects item on Publicis to say Barclays maintains target price at 70 euros, not "Cuts Price target to 2025p from 2050p") June 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alten SA, Bankia and Petrofac Ltd, on Wednesday. HIGHLIGHTS * Alten SA : Berenberg raises price target to 95 euros from 78 euros * Bankia : Berenberg raises price target to 2.40 euros from 0.60 euros * Havas SA : Barclays cuts to equal weight from overweight * Petrofac Ltd : Morgan Stanley raises to equal-weight from underweight Following is a summary of research actions on European companies reported by Reuters on Wednesday. * Alten SA : Berenberg raises price target to 95 euros from 78 euros * Assura Plc : Liberum raises price target to 68p from 66p * Axa : JP Morgan raises price target to 28.80 euros from 27.80 euros * Bankia : Berenberg raises price target to 2.40 euros from 0.60 euros * BCA Marketplace Plc : JP Morgan raises price target to 230p from 220p * Bonduelle Sas : Midcap Partners raises target price to eur 38 from eur 32; buy * BT Group Plc : Macquarie raises price target to 330p from 270p * BT Group Plc : Macquarie raises rating to outperform from neutral * Caixabank : Berenberg raises price target to 2.30 euros from 1.85 euros * Debenhams Plc : Jefferies cuts price target to 47p from 50p * Diasorin SpA : Kepler Cheuvreux raises target price to 73 euros from 62 euros * easyJet Plc : Exane BNP Paribas raises price target to 1250p from 970p * Fincantieri SpA : Kepler Cheuvreux raises target to 1.10 euros from 0.90 euros * Fincantieri SpA : Kepler Cheuvreux raises to buy from hold * Fresenius SE : Berenberg raises TP to 91.50 euros from 77.25 euros * GKN Plc : Goldman Sachs cuts price target to 384p from 401p * H&M; : Kepler Cheuvreux cuts target price to SEK 265 from SEK 300 * Havas SA : Barclays cuts price target to 9.25 euros from 9.30 euros * Havas SA : Barclays cuts to equal weight from overweight * Hikma Pharmaceuticals Plc : Jefferies cuts TP to 1390p from 1450p * Kotipizza Group Oyj : Inderes raises to increase from reduce; target eur 15.0 * Nestle SA : Goldman Sachs raises price target to SFR 85 from SFR 81 * Nestle SA : Jefferies raises price target to SFR 80 from SFR 79 * Nestle SA : JP Morgan raises price target to SFR 90 from SFR 87 * Ontex Group NV : JP Morgan raises price target to 30 euros from 29 euros * Petrofac Ltd : Goldman Sachs cuts price target to 572p from 584p; rating buy * Petrofac Ltd : Morgan Stanley raises price target to 475p from 400p * Petrofac Ltd : Morgan Stanley raises to equal-weight from underweight * Provident Financial Plc : JP Morgan cuts price target to 3200p from 3650p * Publicis : Barclays maintains target price at 70 euros * Puma SE : Berenberg raises price target to 380 euros from 335 euros * Ryanair Holdings : Exane BNP Paribas ups price target to 21 euros from 17 euros * Scanfil Oyj : Inderes cuts to increase from buy; ups target to eur 4.50 * Shire Plc : Goldman Sachs cuts target price to 6400p from 6800p * Siemens Gamesa : Kepler Cheuvreux raises target price to 25 euros from 24 euros * Sigmaroc Plc : Berenberg starts with buy rating; price target 75p * Surgutneftegaz : VTB Capital raises to hold from sell * Synergie SE : Midcap Partners cuts to sell from neutral; ups target to eur 38 * Telefonica : Berenberg cuts price target to 10.10 euros from 10.70 euros; hold * Velocys Plc : Canaccord Genuity cuts price target to 80p from 110p * Wizz Air Holdings : Exane BNP Paribas raises price target to 2100p from 1700p * WPP Plc : Barclays cuts price target to 2025p from 2050p (Compiled by Bengaluru Newsroom)
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