Kingfisher, Phoenix, Thule
Securities analysts revised their ratings and price targets on several European companies, including Kingfisher, Phoenix and Thule on Wednesday.
HIGHLIGHTS
* AB Foods LSE:ABF: Deutsche Bank raises to hold from sell
* C&C Group Plc LSE:CCR: RBC initiates coverage with sector perform rating
* Kingfisher LSE:KGF: Berenberg raises target price to 331p from 306p
* Phoenix LSE:PHNX: Citigroup raises target price to 769p from 730p
* Thule OMXSTO:THULE: Jefferies cuts target price to SEK 290 from SEK 335
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* AB Foods LSE:ABF: Deutsche Bank raises to hold from sell
* Arkema EURONEXT:AKE: Deutsche Bank cuts target price to EUR 70 from EUR 76
* Azelis EURONEXT:AZE: Deutsche Bank cuts target price to EUR 16 from EUR 17
* Baltic Classifieds Group Plc LSE:BCG: Panmure Liberum cuts PT to 385p from 395p
* Baltic Classifieds Group Plc LSE:BCG: Peel Hunt cuts PT to 335p from 350p
* Baltic Classifieds Group Plc LSE:BCG: Peel Hunt raises to buy from add
* BASF XETR:BAS: Deutsche Bank cuts target price to EUR 50 from EUR 52
* Bittium OMXHEX:BITTI: Inderes raises target price to EUR 13.50 from EUR 10.50; rating reduce
* Bossard SIX:BOSN: UBS raises target price to CHF 161 from CHF 160
* Bouygues EURONEXT:EN: Morgan Stanley raises target price to EUR 44 from EUR 36
* Bouygues EURONEXT:EN: Morgan Stanley raises to equalweight from underweight
* Brenntag XETR:BNR: Deutsche Bank cuts target price to EUR 48 from EUR 50
* C&C Group Plc LSE:CCR: RBC initiates coverage with sector perform rating
* C&C Group Plc LSE:CCR: RBC initiates coverage with target price 160p
* Clariant SIX:CLN: Deutsche Bank cuts target price to CHF 8.10 from CHF 9.60
* Continental AG XETR:CON: Citigroup raises target price to EUR 66 from EUR 65.38
* Dianomi Plc LSE:DNM: Panmure Liberum cuts target price to 24.70p from 34p
* DSM-Firmenich EURONEXT:DSFIR: Deutsche Bank cuts target price to EUR 105 from EUR 120
* Energean Plc LSE:ENOG: Peel Hunt cuts target price to 1,100p from 1,200p
* Evonik Industries XETR:EVK: Deutsche Bank cuts target price to EUR 16 from EUR 22
* Fugro NV EURONEXT:FUR: Jefferies cuts target price to EUR 8 from EUR 10
* Givaudan SIX:GIVN: Deutsche Bank cuts target price to CHF 3,300 from CHF 3,700
* Hemnet OMXSTO:HEM: Barclays cuts target price to SEK 290 from SEK 350
* Henkel XETR:HEN: Deutsche Bank cuts target price to EUR 79 from EUR 81
* Ipsen SA EURONEXT:IPN: Jefferies raises target price to EUR 120 from EUR 110
* Kerry Group LSE:KYGA: Deutsche Bank cuts target price to EUR 100 from EUR 105
* Keystone Law Group Plc LSE:KEYS: Stifel raises target price to 750p from 700p
* Kingfisher LSE:KGF: Berenberg raises target price to 331p from 306p
* Kingfisher LSE:KGF: Jefferies raises target price to 294p from 274p
* Kingfisher LSE:KGF: JP Morgan raises target price to 290p from 260p
* Kingfisher Plc LSE:KGF: UBS raises target price to 290p from 280p
* Lanxess XETR:LXS: Deutsche Bank cuts target price to EUR 23 from EUR 27
* Nordea OMXHEX:NDA_FI: Jefferies raises target price to EUR 16.60 from EUR 15
* Novonesis OMXCOP:NSIS_B: Deutsche Bank cuts target price to DKK 480 from DKK 490
* Phoenix LSE:PHNX: Citigroup raises target price to 769p from 730p
* Pinewood Technologies Group Plc LSE:PINE: Berenberg raises PT to 700p from 590p
* Pinewood Technologies Group Plc LSE:PINE: Jefferies resumes coverage with buy rating
* Pinewood Technologies Group Plc LSE:PINE: Jefferies resumes coverage with PT 650p
* Renishaw Plc LSE:RSW: Jefferies raises target price to 3,530p from 2,450p
* S4 Capital Plc LSE:SFOR: Panmure Liberum cuts target price to 20.50p from 27.70p
* Sainsbury LSE:SBRY: BofA Global Research raises price objective to 290p from 265p
* Schneider Electric EURONEXT:SU: BofA Global raises PT to EUR 265 from EUR 231
* Schneider Electric EURONEXT:SU: BofA Global Research raises to buy from neutral
* Siemens AG XETR:SIE: BofA Global Research raises PT to EUR 290 from EUR 258
* Smiths Group LSE:SMIN: Barclays raises target price to 2,330p from 2,265p
* Smiths Group LSE:SMIN: Stifel raises target price to 2,650p from 2,600p
* Solaria BME:SLR: UBS cuts target price to EUR 14.20 from EUR 14.70
* Solvay EURONEXT:SOLB: Deutsche Bank cuts target price to EUR 25.50 from EUR 26.50
* Swiss Re AG SIX:SREN: JP Morgan cuts target price to CHF 160 from CHF 170
* Swiss Re AG SIX:SREN: JP Morgan cuts to neutral from overweight
* Syensqo EURONEXT:SYENS: Deutsche Bank cuts target price to EUR 77 from EUR 78
* Symrise XETR:SY1: Deutsche Bank cuts target price to EUR 90 from EUR 110
* Tesco LSE:TSCO: BofA Global Research raises price objective to 425p from 380p
* Thule OMXSTO:THULE: Jefferies cuts target price to SEK 290 from SEK 335
* Truecaller AB OMXSTO:TRUE_B: Deutsche Bank cuts target price to SEK 53 from SEK 69
* TT Electronics Plc LSE:TTG: Berenberg raises target price to 105p from 98p
* TUI AG XETR:TUI1: Barclays raises target price to EUR 12.25 from EUR 12
* Var Energi OSL:VAR: Citigroup initiates coverage with buy rating
* Var Energi OSL:VAR: Citigroup initiates coverage with target price NOK 46
* Wacker Chemie XETR:WCH: Deutsche Bank cuts target price to EUR 57 from EUR 58
* Wizz Air LSE:WIZZ: JP Morgan cuts target price to 1,050p from 1,100p