Securities analysts revised their ratings and price targets on several European companies, including Aena, Geberit and Hays on Tuesday.
HIGHLIGHTS
* Aena BME:AENA: Goldman Sachs cuts to sell from neutral
* Geberit AG SIX:GEBN: Morgan Stanley cuts target price to CHF 428 from CHF 432
* Grenergy BME:GRE: Barclays raises to overweight from equal weight
* Hays Plc LSE:HAS: Morgan Stanley raises to equal weight from underweight
* Pandora OMXCOP:PNDORA: JP Morgan cuts to neutral from overweight
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
* ABB Ltd SIX:ABBN: Kepler Cheuvreux cuts target price to CHF 50 from CHF 52.5
* ABB Ltd SIX:ABBN: Kepler Cheuvreux raises to buy from hold
* Adecco Group SIX:ADEN: Morgan Stanley cuts target price to CHF 19.5 from CHF 21
* Aena BME:AENA: Goldman Sachs cuts to sell from neutral
* Ahold Delhaize EURONEXT:AD: Barclays cuts target price to EUR 31 from EUR 32.5
* AIB Group Plc AQUISUK:A5GI: Citigroup cuts target price to EUR 7 from EUR 7.30
* Aixtron SE XETR:AIXA: Jefferies cuts target price to EUR 10 from EUR 13
* Aker BP OSL:AKRBP: Citigroup cuts target price to NOK 205 from NOK 220
* ams-OSRAM AG SIX:AMS: Deutsche Bank cuts target price to CHF 10 from CHF 12
* ams-OSRAM AG SIX:AMS: Jefferies cuts target price to CHF 9.50 from CHF 12
* Ariston Holding NV MIL:ARIS: Morgan Stanley cuts target price to EUR 3.3 from EUR 3.4
* ASM International EURONEXT:ASM: Deutsche Bank cuts target price to EUR 525 from EUR 675
* ASMI EURONEXT:ASM: Jefferies cuts target price to EUR 660 from EUR 840
* ASML EURONEXT:ASML: Deutsche Bank cuts target price to EUR 750 from EUR 875
* At&S VIE:ATS: Deutsche Bank cuts target price to EUR 11 from EUR 12
* Atlas Copco OMXSTO:ATCO_A: Deutsche Bank cuts target price to SEK 155 from SEK 172
* Bank of Ireland Group Plc AQUISUK:BIRGI: Citigroup cuts target price to EUR 12 from EUR 12.50
* Barry Callebaut AG SIX:BARN: Citigroup cuts target price to CHF 1,335 from CHF 1,420
* Bawag Group VIE:BG: HSBC raises target price to EUR 121 from EUR 120
* BE Semiconductor EURONEXT:BESI: Deutsche Bank cuts target price to EUR 95 from EUR 110
* Buzzi SpA MIL:BZU: Morgan Stanley cuts target price to EUR 42 from EUR 44
* Cembra Money Bank AG SIX:CMBN: UBS raises target price to CHF 93.2 from CHF 74
* Comet Group SIX:COTN: Deutsche Bank cuts target price to CHF 280 from CHF 330
* DHL Group XETR:DHL: Bernstein cuts target price to EUR 39 from EUR 46
* DSV OMXCOP:DSV: Bernstein cuts target price to DKK 1,600 from DKK 1,800
* Elmos XETR:ELG: Deutsche Bank cuts target price to EUR 65 from EUR 75
* Enav S.P.A. MIL:ENAV: UBS cuts target price to EUR 4.4 from EUR 4.5
* Endeavour Mining Plc TSX:EDV: Stifel raises target price to 2,450p from 2,350p
* Endesa BME:ELE: HSBC raises target price to EUR 26.8 from EUR 24.7
* Enel MIL:ENEL: : HSBC raises target price to EUR 8.1 from EUR 7.8
* Engie EURONEXT:ENGI: UBS raises target price to EUR 20 from EUR 17.5
* ERG SpA MIL:ERG: Barclays cuts target price to EUR 20 from EUR 32
* ERG SpA MIL:ERG: Barclays cuts to equal weight from overweight
* Ericsson OMXSTO:ERIC_A: Deutsche Bank cuts target price to SEK 72 from SEK 80
* Erste Group Bank VIE:EBS: HSBC raises target price to EUR 82 from EUR 71
* Ferrexpo LSE:FXPO: Peel Hunt cuts target price to 75p from 120p
* Geberit AG SIX:GEBN: Morgan Stanley cuts target price to CHF 428 from CHF 432
* Grenergy BME:GRE: Barclays raises target price to EUR 50 from EUR 30
* Grenergy BME:GRE: Barclays raises to overweight from equal weight
* H Lundbeck A/S OMXCOP:HLUN_A: Barclays cuts target price to DKK 46 from DKK 48
* Haleon LSE:HLN: Deutsche Bank cuts target price to 375p from 390p
* Haleon LSE:HLN: Barclays raises target price to 452p from 445p
* Haleon Plc LSE:HLN: HSBC cuts target price to 410p from 420p
* Hays Plc LSE:HAS: Morgan Stanley cuts target price to 66p from 68p
* Hays Plc LSE:HAS: Morgan Stanley raises to equal weight from underweight
* Hemnet OMXSTO:HEM: Citigroup cuts target price to SEK 404 from SEK 428
* Hoist Finance AB (Publ) OMXSTO:HOFI: Kepler Cheuvreux cuts PT to SEK 94 from SEK 99
* Inficon SIX:IFCN: Deutsche Bank cuts target price to CHF 900 from CHF 1050
* Infineon Technologies XETR:IFX: Deutsche Bank cuts target price to EUR 38 from EUR 42
* Infineon Technologies XETR:IFX: Jefferies cuts target price to EUR 42 from EUR 50
* Informa LSE:INF: Morgan Stanley cuts target price to 900p from 1000p
* Iomart Group Plc AQUISUK:IOML: Peel Hunt cuts target price to 28p from 103p
* Italy's Prysmian MIL:PRY: Jefferies cuts target price to EUR 57 from EUR 75
* Kuehne Und Nagel International AG SIX:KNIN: Bernstein cuts PT to CHF 200 from CHF 230
* Logitech SIX:LOGN: Deutsche Bank cuts target price to CHF 65 from CHF 80
* Maersk OMXCOP:MAERSK_A: Bernstein cuts target price to DKK 8,250 from DKK 9,800
* Mcphy Energy SA EURONEXT:ALMCP: RBC cuts target price to EUR 0.30 from EUR 1.50
* Mcphy Energy SA EURONEXT:ALMCP: RBC cuts to underperform from sector perform
* Melexis EURONEXT:MELE: Deutsche Bank cuts target price to EUR 50 from EUR 55
* Melexis NV EURONEXT:MELE: Jefferies cuts target price to EUR 66 from EUR 70
* Nibe OMXSTO:NIBE_B: Morgan Stanley cuts target price to SEK 36 from SEK 37
* Ninetyone LSE:N91: Deutsche Bank cuts target price to 140p from 160p
* Nokia OMXHEX:NOKIA: Deutsche Bank cuts target price to EUR 4.75 from EUR 5.25
* Nokia OMXHEX:NOKIA: Inderes raises target price to EUR 4.3 from EUR 4.2; rating reduce
* Nordea OMXHEX:NDA_FI: Kepler Cheuvreux cuts target price to EUR 12.4 from EUR 12.9
* Nordic Semiconductor OSL:NOD: Deutsche Bank cuts target price to NOK 115 from NOK 130
* Nordic Semiconductor OSL:NOD: Jefferies cuts target price to NOK 164 from NOK 174
* Obiz EURONEXT:ALBIZ: Midcap Partners cuts target price to EUR 8 from EUR 9 before putting it under review
* Obiz EURONEXT:ALBIZ: Midcap Partners rating put under "buy"
* Orron Energy AB OMXSTO:ORRON: Barclays cuts target price to SEK 4.90 from SEK 7.60
* Orron Energy AB OMXSTO:ORRON: Barclays cuts to underweight from equal weight
* Outokumpu OMXHEX:OUT1V: Kepler Cheuvreux cuts target price to EUR 3.3 from EUR 3.6
* Pagegroup LSE:PAGE: Morgan Stanley cuts target price to 285p from 300p
* Pandora OMXCOP:PNDORA: Bernstein initiates coverage with price target DKK 700
* Pandora OMXCOP:PNDORA: Bernstein initiates coverage with underperform rating
* Pandora OMXCOP:PNDORA: JP Morgan cuts target price to DKK 1,100 from DKK 1,400
* Pandora OMXCOP:PNDORA: JP Morgan cuts to neutral from overweight
* PostNL NV EURONEXT:PNL: Kepler Cheuvreux cuts target price to EUR 1 from EUR 1.5
* Publicis EURONEXT:PUB: Deutsche Bank cuts target price to EUR 100 from EUR 106
* Raiffeisen Bank International AG VIE:RBI: HSBC raises PT to EUR 28 from EUR 26
* Randstad NV EURONEXT:RAND: Morgan Stanley cuts target price to EUR 34.5 from EUR 39
* Rational AG XETR:RAA: Deutsche Bank cuts target price to EUR 825 from EUR 895
* Remy Cointreau EURONEXT:RCO: Barclays cuts target price to EUR 30 from EUR 31
* Sandvik OMXSTO:SAND: Deutsche Bank cuts target price to SEK 221 from SEK 245
* SBM Offshore NV EURONEXT:SBMO: Kepler Cheuvreux raises target price to EUR 26 from EUR 24
* Scatec ASA OSL:SCATC: Barclays cuts target price to NOK 90 from NOK 93
* Scatec ASA OSL:SCATC: Barclays cuts to equal weight from overweight
* Shell Plc LSE:SHEL: TD Cowen cuts target price to 2890p from 3075p
* Sika AG SIX:SIKA: Citigroup cuts target price to CHF 200 from CHF 250
* Siltronic AG XETR:WAF: Deutsche Bank cuts target price to EUR 38 from EUR 46
* Sodexo EURONEXT:SW: Citigroup raises target price to EUR 90 from EUR 89
* Soitec EURONEXT:SOI: Deutsche Bank cuts target price to EUR 70 from EUR 85
* Soitec SA EURONEXT:SOI: Jefferies cuts target price to EUR 58 from EUR 74
* Solaria BME:SLR: Barclays cuts target price to EUR 10 from EUR 13
* STMicroelectronics EURONEXT:STMPA: Deutsche Bank cuts target price to EUR 24 from EUR 28
* STMicroelectronics NV EURONEXT:STMPA: Jefferies cuts target price to EUR 30 from EUR 34
* Suss Microtec SE XETR:SMHN: Jefferies cuts target price to EUR 30 from EUR 38
* Trelleborg OMXSTO:TREL_B: Kepler Cheuvreux cuts target price to SEK 355 from SEK 420
* Vat Group SIX:VACN: Deutsche Bank cuts target price to CHF 290 from CHF 340
* Vat Group SIX:VACN: Jefferies cuts target price to CHF 270 from CHF 350
* Volvo OMXSTO:VOLV_A: Kepler Cheuvreux cuts target price to SEK 280 from SEK 340
* X-Fab EURONEXT:XFAB: Deutsche Bank cuts target price to EUR 5 from EUR 6.25