EUROPE RESEARCH ROUNDUP-Aumovio, Pennon Group, Trelleborg

Reuters
Jan 23
EUROPE RESEARCH ROUNDUP-Aumovio, Pennon Group, Trelleborg

Jan 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aumovio, Pennon Group and Trelleborg, on Friday.

HIGHLIGHTS

* Aumovio SE AMV0n.DE: Jefferies raises to hold from underperform

* James Fisher and Sons FSJ.L: Berenberg initiates coverage with target price 615p

* Pennon Group Plc PNN.L: Jefferies raises target price to 590p from 570p

* Schaeffler AG SHA0n.DE: Jefferies raises to buy from hold

* Trelleborg TRELb.ST: JP Morgan initiates coverage with overweight rating

Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order.

* ASML Holding NV ASML.AS: Berenberg raises target price to EUR 1300 from EUR 1200

* Aumovio SE AMV0n.DE: Jefferies raises target price to EUR 43.2 from EUR 36.2

* Aumovio SE AMV0n.DE: Jefferies raises to hold from underperform

* B&M BMEB.L: Jefferies cuts target price to 165p from 175p

* B&M European value Retail SA BMEB.L: Barclays cuts target price to 235p from 250p

* Babcock International BAB.L: JP Morgan raises target price to 1700p from 1600p

* Babcock International BAB.L: Peel Hunt cuts to add from buy; raises target price to 1582p from 1119p -

* Barry Callebaut AG BARN.S: Berenberg raises target price to CHF 1500 from CHF 1418

* Beazley BEZG.L: Peel Hunt raises target price to 1,340p from 900p

* Castellum CAST.ST: Goldman Sachs raises to buy from neutral

* Coca Cola HBC AG CCH.L: Kepler Cheuvreux cuts to reduce from hold

* Colonial COL.MC: Goldman Sachs raises to neutral from sell

* Comet Holding AG COTNE.S: Berenberg raises target price to CHF 315 from CHF 285

* Convatec Group Plc CTEC.L: Berenberg raises target price to 340p from 330p

* Danone DANO.PA: Barclays cuts target price to EUR 83 from EUR 85

* DFS Furniture Plc DFSD.L: Jefferies raises target price to 230p from 200p

* Diageo DGE.L: HSBC cuts target price to 2600p from 2700p

* D'Ieteren Group IETB.BN: Barclays raises target price to CHF 248 from CHF 212

* Dino Polska DNP.WA: Barclays cuts target price to PLN 42 from PLN 44.5

* Dowlais Group Plc DWL.L: Jefferies raises target price to 93.7p from 77.6p

* Elia Group SA ELI.BR: Jefferies initiates coverage with buy rating

* Elia Group SA ELI.BR: Jefferies initiates coverage with target price EUR 135

* Elmos Semiconductor SE ELGG.DE: Berenberg raises PT to EUR 117 from EUR 102

* Forterra Plc FORT.L: Peel Hunt raises cuts target price to 220p from 230p

* Forterra Plc FORT.L: Peel Hunt raises to buy from add

* Geberit AG GEBN.S: Jefferies cuts target price to CHF 701 from CHF 732

* Geberit AG GEBN.S: Morgan Stanley raises target price to CHF 535 from CHF 528

* Haleon HLN.L: Barclays raises target price to 420p from 380p

* Haleon HLN.L: Barclays raises to overweight from equal-weight

* Hannover Rueck SE HNRGn.DE: BofA Global Research cuts PT to EUR 270 from EUR 290

* Henkel HNKG_p.DE: Barclays cuts target price to EUR 76.2 from EUR 80

* Henkel HNKG_P.DE: Barclays cuts to equal-weight from overweight

* Hochschild HOCM.L: Peel Hunt raises target price to 790p from 440p

* Inditex SA ITX.MC: Barclays raises target price to EUR 55 from EUR 47.5

* Infineon Technologies AG IFXGn.DE: Morgan Stanley raises PT to EUR 45 from EUR 40

* James Fisher and Sons FSJ.L: Berenberg initiates coverage with buy rating

* James Fisher and Sons FSJ.L: Berenberg initiates coverage with target price 615p

* Lindt & Spruengli LISN.S: Barclays cuts target price to CHF 105000 from CHF 135000

* Lindt & Spruengli LISN.S: Barclays cuts to underweight from overweight

* L'Oréal SA OREP.PA: Barclays raises target price to EUR 435 from EUR 325

* L'Oréal SA OREP.PA: Barclays raises to overweight from underweight

* Magnum ICE Cream Company B.V. MICCT.AS: Barclays raises PT to EUR 14.7 from EUR 13.7

* MLP SE MLPG.DE: Baader Helvea initiates coverage with buy rating

* MLP SE MLPG.DE: Baader Helvea initiates coverage with target price EUR 8.8

* National Grid Plc NG.L: Jefferies raises target price to 1,410p from 1,260p

* Nestle SA NESN.S: Barclays cuts target price to CHF 80 from CHF 90

* Partners Group Holding AG PGHN.S: Alphavalue cuts PT to CHF 1,191 from CHF 1,400

* Pearson PSON.L: Kepler Cheuvreux cuts target price to 1000p from 1045p

* Pearson PSON.L: Kepler Cheuvreux raises to hold from reduce

* Pennon Group PNN.L: Morgan Stanley raises target price to 680p from 620p

* Pennon Group PNN.L: Morgan Stanley raises to overweight from equal weight

* Pennon Group Plc PNN.L: Jefferies cuts to hold from buy

* Pennon Group Plc PNN.L: Jefferies raises target price to 590p from 570p

* Pepco Group N.V. PCOP.WA: Barclays raises target price to PLN 35.5 from PLN 30

* Raiffeisen Bank International AG RBIV.VI: Barclays raises PT to EUR 36 from EUR 34

* RWE AG RWEG.DE: Jefferies raises target price to EUR 61 from EUR 54

* SBO AG SBOE.VI: Berenberg cuts target price to EUR 31 from EUR 35

* SBO AG SBOE.VI: Berenberg cuts to hold from buy

* SCA AB SCAb.ST: Citigroup cuts target price to SEK 128 from SEK 134

* Schaeffler AG SHA0n.DE: Jefferies raises target price to EUR 12.6 from EUR 6.5

* Schaeffler AG SHA0n.DE: Jefferies raises to buy from hold

* Senior Plc SNR.L: Peel Hunt raises target price to 285p from 215p

* Severn Trent SVT.L: Jefferies raises raises target price to 3,220p from 2,610p

* Severn Trent SVT.L: Jefferies raises to buy from hold

* Severn Trent SVT.L: Morgan Stanley cuts to equalweight from overweight

* St. James's Place SJP.L: RBC raises target price to 1350p from 1300p

* STMicroelectronics NV STMPA.PA: Berenberg raises target price to EUR 29 from EUR 26

* STMicroelectronics NV STMPA.PA: Morgan Stanley raises target price to EUR 22 from EUR 20

* Swedish Orphan Biovitrum SOBIV.ST: Berenberg raises PT to SEK 420 from SEK 405

* Swiss Re AG SRENH.S: BofA Global Research cuts price objective to CHF 145 from CHF 160

* Taylor Wimpey Plc TW.L: Morgan Stanley cuts target price to 90p from 105p

* Taylor Wimpey Plc TW.L: Morgan Stanley cuts to underweight from equal weight

* Terna TRN.MI: Jefferies initiates coverage with hold rating

* Terna TRN.MI: Jefferies initiates coverage with target price EUR 9.8

* Trelleborg TRELb.ST: JP Morgan initiates coverage with overweight rating

* Trelleborg TRELb.ST: JP Morgan initiates coverage with price target SEK 450

* Trufin Plc TRU.L: Panmure Liberum cuts target price to 193p from 200p

* Ubisoft UBIP.PA: Alphavalue cuts to sell from buy

* Unilever Plc ULVR.AS: Barclays raises target price to EUR 65.8 from EUR 63.1

* Unilever Plc ULVR.L: Barclays raises target price to 5700p from 5500p

* United Utilities UU.L: Jefferies raises target price to 1,320p from 1,190p

* United Utilities Group Plc UU.L: Morgan Stanley cuts PT to 1450p from 1475p

* United Utilities Group Plc UU.L: Morgan Stanley cuts to equal weight from overweight

* Watches of Switzerland Group WOSG.L: Barclays raises PT to 640p from 595p

* Worldline SA WLN.PA: Morgan Stanley resumes coverage with target price EUR 1.35

* Worldline SA WLN.PA: Morgan Stanley resumes coverage with underweight rating

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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