Corrects Jefferies research actions on Admiral and Tryg to reflect assumption of coverage
Sept 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Elecnor and Novo Nordisk on Monday.
HIGHLIGHTS
* Admiral ADML.L: Jefferies assumes coverage with buy vs hold rating |
* Elecnor ENOR.MC: Alphavalue raises to add from sell |
* Novo Nordisk NOVOb.CO: Morgan Stanley cuts to underweight from equal-weight |
* Pandora PNDORA.CO: Jefferies cuts target price to DKK 1,100 from DKK 1,350 |
* Sandvik SAND.ST: Deutsche Bank raises target price to SEK 263 from SEK 240 |
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* ABN Amro Bank NV ABNd.AS: Citigroup resumes coverage with buy rating |
* ABN Amro Bank NV ABNd.AS: Citigroup resumes coverage with target price EUR 30.6 |
* Admiral ADML.L: Jefferies assumes coverage with buy vs hold rating |
* Admiral ADML.L: Jefferies assumes coverage with target price 4,100p vs 2,550p |
* Beiersdorf AG BEIG.DE: Citigroup cuts target price to EUR 105 from EUR 120 |
* Capgemini CAPP.PA: Jefferies cuts target price to EUR 130 from EUR 134 |
* Convatec Group Plc CTEC.L: Citigroup cuts target price to 250p from 310p |
* CTP NV CTPNV.AS: Deutsche Bank raises target price to EUR 22 from EUR 20 |
* CTP NV CTPNV.AS: JP Morgan raises target price to EUR 22.7 from EUR 21.2 |
* Daimler Truck Holding AG DTGGe.DE: JP Morgan cuts target price to EUR 50 from EUR 56 |
* Eiffage FOUG.PA: Jefferies cuts target price to EUR 130 from EUR 136 |
* Elecnor ENOR.MC: Alphavalue raises to add from sell |
* Elecnor ENOR.MC: Alphavalue raises target price to EUR 26.6 from EUR 20.7 |
* Equinor EQNR.OL: TD Cowen cuts target price to NOK 226 from NOK 236 |
* Gjensidige Forsikring GJFG.OL: Jefferies assumes coverage with buy vs underperform rating |
* Gjensidige Forsikring GJFG.OL: Jefferies assumes coverage with PT NOK 321 vs NOK 185 |
* Halma HLMA.L: Peel Hunt raises target price to 3750p from 3550p |
* Iberdrola IBE.MC: Jefferies raises target price to EUR 17.6 from EUR 17 |
* Medicover AB MCOVb.ST: Deutsche Bank raises target price to SEK 265 from SEK 215 |
* Metsa Board METSB.HE: Inderes raises to reduce from sell; target price EUR 3.00 |
* Munich Re MUVGn.DE: Jefferies raises target price to EUR 555 from EUR 485 |
* Novo Nordisk NOVOb.CO: Morgan Stanley cuts target price to DKK 300 from DKK 380 |
* Novo Nordisk NOVOb.CO: Morgan Stanley cuts to underweight from equal-weight |
* Pandora PNDORA.CO: Jefferies cuts target price to DKK 1,100 from DKK 1,350 |
* Rentokil RTO.L: Berenberg initiates coverage with sell rating; target price 284p |
* Sabre Insurance Group Plc SBRE.L: Jefferies assumes coverage with underperform vs hold |
* Sabre Insurance Group Plc SBRE.L: Jefferies assumes coverage with PT 116p vs 145p |
* Sampo SAMPO.HE: Jefferies raises target price to EUR 10.3 from EUR 8 |
* Sandvik SAND.ST: Deutsche Bank raises target price to SEK 263 from SEK 240 |
* Schneider Electric SCHN.PA: HSBC raises target price to EUR 255 from EUR 240 |
* Sonova Holding AG SOON.S: JP Morgan raises target price to CHF 195 from CHF 189 |
* Sunrise Communications AG SUNN.S: Citigroup initiates coverage with buy rating |
* Sunrise Communications AG SUNN.S: Citigroup initiates coverage with target price CHF 57 |
* Tryg TRYG.CO: Jefferies assumes coverage with hold vs buy rating;target price DKK 169 vs DKK 180 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))