May 7 (Reuters) – Securities analysts revised their ratings and price targets on several
European companies, including Novo Nordisk, BP and JCDecaux, on Tuesday.
HIGHLIGHTS
* Novo Nordisk : Jefferies raises target to Dkk 950 from Dkk 900; rating hold
* BP Plc : HSBC cuts target price to 540p from 550p; rating overweight
* Statoil : Exane BNP Paribas cuts to neutral from outperform
* JCDecaux SA : ESN/CM-CIC securities cuts to reduce
* Royal Bank of Scotland : Exane BNP Paribas, RBC, others cut target price on stock
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Aeroports de Paris : Raymond James cuts to market perform from outperform
* Air France Klm : HSBC ups target to 10 euros from 9.50 euros; rating overweight
* Alstom : S&P; Capital IQ cuts to hold from buy
* Alstom : S&P; Capital IQ cuts target price to 32 euros from 38 euros
* Alten SA : HSBC raises price target to 29 euros from 28 euros; rating neutral
* Altarea Cogedim : Natixis cuts to neutral from buy
* Altarea Cogedim : Natixis raises target price to 148 euros from 143 euros
* Ansaldo STS : Natixis cuts to neutral from buy
* Aurelius AG : Berenberg raises target price to 68 euros from 61 euros; rating buy
* Aurubis AG : DZ Bank cuts target price to 53 euros from 56 euros; rating buy
* Bank Zachodni WBK : Credit Suisse starts with neutral rating; price target Pln 256
* Belgacom : S&P; Capital IQ raises to hold from sell
* Betfair Group : Numis raises to buy from add
* Betfair Group : Numis raises price target to 1100p from 1000p
* Boliden AB : HSBC cuts target price to Sek 98 from Sek 102.4; rating underweight
* BP PLC : HSBC cuts target price to 540p from 550p; rating overweight
* British Sky Broadcasting : S&P; Capital IQ raises target price to 900p from 860p
* BT Group : Morgan Stanley cuts price target to 285p from 300p
* Carlsberg : SocGen raises to hold from sell
* Carlsberg : S&P; Capital IQ cuts to buy from strong buy
* Carlsberg : S&P; Capital IQ cuts target price to Dkk 610 from Dkk 660
* Cegedim : SocGen raises price target to 24 euros from 21 euros; rating hold
* CGG Veritas : HSBC cuts target price to 26 euros from 29 euros; rating overweight
* CGG Veritas : SocGen raises price target to 29 euros from 27 euros; rating buy
* Coloplast : Berenberg raises target price to Dkk 330 from Dkk 275; rating hold
* COMMERZBANK :S&P; Capital IQ ups target to 11.4 euros from 10.7 euros;rating hold
* Direct Line : Canaccord Genuity cuts target price to 220p from 240p; rating buy
* Direct Line : Deutsche Bank cuts target price to 210p from 220p; rating hold
* Endesa : S&P; Capital IQ cuts price target to 18 euros from 19 euros; rating hold
* Enel Green Power : Natixis raises target to 1.9 euro from 1.7 euro; rating buy
* Esure Group : Canaccord Genuity starts with buy rating; target price of 330p
* Esure Group : Deutsche Bank starts with buy rating; target price 340p
* Eutelsat Communications : UBS raises target to 30 euros from 28.4 euros; buy
* G4S PLC : Canaccord Genuity cuts target price to 300p from 325p; rating buy
* G4S PLC : Panmure cuts target price to 311p from 340p; rating buy
* G4S PLC : Investec cuts price target to 320p From 330p; rating buy
* GN Store Nord : Credit Suisse ups target to Dkk 99 from Dkk 96; rating underperform
* GN Store Nord : Morgan Stanley raises target to Dkk 120 from Dkk 115; overweight
* Greencoat UK Wind : RBC starts with outperform; target price 120p
* Greencore : Numis raises to add from hold
* Grifols : Berenberg raises price target to 30.60 euros from 29 euros; rating hold
* Imagination Technologies : Exane BNP Paribas cuts to neutral from outperform
* Imagination Technologies : Exane BNP Paribas cuts target price to 311p from 610p
* Iofina PLC : Investec raises price target to 230p from 164p; rating buy
* JCDecaux SA : ESN/CM – CIC securities cuts to reduce from hold
* JCDecaux SA : ESN/CM – CIC Securities cuts target to 18.50 euros from 19.50 euros
* JCDecaux SA : SocGen cuts to sell from hold
* Kingfisher : Credit Suisse raises price target to 410p from 320p; rating outperform
* Laird PLC : UBS cuts price target to 220p from 250p; rating neutral
* Linde : Nomura raises price target to 160 euros from 158 euros; rating neutral
* Loomis : UBS raises price target to Sek 140 from Sek 134; rating buy
* Lundin Petroleum AB : RBC cuts target to Sek 160 from Sek 165; sector perform
* Mersen SA : HSBC cuts target price to 20 euros from 20.50 euros; rating neutral
* Mobotix AG : ESN/Equinet Bank raises to buy from accumulate
* Mondi PLC : Credit Suisse raises price target to 1040p from 980p
* MyCelx Technologies : N+1 Singer raises target price to 605p from 327p
* Novo Nordisk : Jefferies raises target to Dkk 950 from Dkk 900; rating hold
* Pharmstandard : Jefferies raises price target to $27 from $26; rating buy
* Prosiebensat 1 : SocGen raises target to 30 euros from 25 euros; rating hold
* Prudential PLC : Panmure raises target price to 1376p from 1160p; rating buy
* Prudential PLC : S&P; Capital IQ raises target price to 1280p from 1250p; rating buy
* Rallye : ESN/CM – CIC Securities raises to buy from accumulate
* Rallye : ESN/CM – CIC Securities raises target to 38.40 euros from 28.90 euros
* Randgold Resources : Investec cuts price target to 6181p from 6882p ; rating buy
* Randgold Resources : Numis cuts price target to 7400p from 7500p; rating buy
* Regus plc : Panmure raises target price to 200p from 175p; rating buy
* Royal Bank of Scotland : Deutsche Bank cuts price target to 275p; rating hold
* Royal Bank of Scotland : Exane BNP Paribas cuts target to 320p from 330p; neutral
* Royal Bank of Scotland : Nomura cuts price target to 270p from 300p; rating reduce
* Royal Bank of Scotland : RBC cuts target to 355p from 366p; rating sector perform
* RPS Group : Panmure raises to buy from hold
* Sanofi : Helvea raises target price to 91 euros from 82 euros; rating accumulate
* Schroders : Morgan Stanley raises target to 2727p from 2350p; rating overweight
* Societe Generale : S&P; Capital IQ raises to buy from hold
* Sonova Holding : Morgan Stanley cuts target to Sfr 115 from Sfr 119; overweight
* Stada Arzneimittel : S&P; Capital IQ raises to strong buy from buy
* Statoil : Credit Suisse cuts target to Nok 155 from Nok 158; rating underperform
* Statoil : Exane BNP Paribas cuts to neutral from outperform
* Statoil : Exane BNP Paribas cuts target price by 6 percent to Nok 150
* Suez Environnement : Citigroup cuts to neutral from buy
* Suez Environnement : Citigroup raises price target to 12 euros from 11 euros
* Swissquote : Helvea cuts price target to Sfr 30; rating neutral
* Telecom Italia Media : ESN/Banca Akros raises to reduce from sell
* Telenet : Espirito Santo cuts fair value to 28.35 euros from 36.25 euros; sell
* Telenor : Berenberg cuts to hold from buy
* Telenor : Berenberg cuts price target to Nok 137 from Nok 141.50
* TNT Express : Nomura cuts price target to 4.80 euros from 5 euros; rating neutral
* Unibet : Morgan Stanley ups target price to Sek 165 from Sek 160; underweight
* Unilever : HSBC raises price target to 37 euros from 35 euros; rating overweight
* Wereldhave : S&P; Capital IQ raises target to 62 euros from 53 euros; rating hold
* Whitbread : Morgan Stanley raises target to 2600p from 2500p; rating equal weight
* Whitbread : Nomura raises price target to 3110p from 2968p; rating buy
(Compiled by Eileen Anupa Soreng in Bangalore)
