Securities analysts revised their ratings and price targets on several European companies, including Airbus, BMW and Heineken, on Thursday.
HIGHLIGHTS
* Airbus SE EURONEXT:AIR: Morgan Stanley cuts target price to EUR 187 from EUR 205
* BMW XETR:BMW: Jefferies cuts target price to EUR 83 from EUR 92
* Heineken NV EURONEXT:HEIA: Barclays cuts target price to EUR 92 from EUR 98
* Volkswagen AG XETR:VOW: RBC cuts target price to EUR 97 from EUR 116
* YouGov Plc AQUISUK:YOUL: Deutsche Bank cuts target price to 565p from 670p
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in alphabetical order.
* 4Imprint Group LSE:FOUR: Deutsche Bank cuts target price to 3900p from 6250p
* 4Imprint Group LSE:FOUR: Deutsche Bank cuts to hold from buy
* Adecco Group AG SIX:ADEN: Jefferies cuts target price to CHF 18.5 from CHF 19.5
* Adidas AG XETR:ADS: UBS cuts target price to EUR 282 from EUR 289
* Adyen EURONEXT:ADYEN: Deutsche Bank cuts target price to EUR 2000 from EUR 2250
* Airbus SE EURONEXT:AIR: Morgan Stanley cuts target price to EUR 187 from EUR 205
* Anglo American LSE:AAL: RBC cuts target price to 2110p from 2310p
* Antofagasta LSE:ANTO: RBC cuts target price to 1700p from 1800p
* Antofagasta LSE:ANTO: RBC raises to sector perform from underperform
* Ashmore Group Plc LSE:ASHM: Morgan Stanley cuts target price to 144p from 162p
* ASML EURONEXT:ASML: Deutsche Bank cuts target price to EUR 700 from EUR 750
* ASML Holding EURONEXT:ASML: HSBC cuts target price to EUR 855 from EUR 942
* ASML Holding NV EURONEXT:ASML: Barclays cuts target price to EUR 770 from EUR 900
* ASML Holding NV EURONEXT:ASML: Berenberg cuts target price to EUR 740 from EUR 800
* ASML Holding NV EURONEXT:ASML: BofA Global Research cuts PT to EUR 759 from EUR 859
* ASML Holding NV EURONEXT:ASML: JP Morgan cuts target price to EUR 970 from EUR 1,057
* ASML Holding NV EURONEXT:ASML: Kepler Cheuvreux cuts PT to EUR 730 from EUR 950
* Aurubis XETR:NDA: Deutsche Bank cuts target price to EUR 85 from EUR 88
* Barry Callebaut AG SIX:BARN: Morgan Stanley cuts PT to CHF 1030 from CHF 1355
* Be Semiconductor Industries EURONEXT:BESI: Morgan Stanley cuts PT to EUR 120 from EUR 145
* Believe SA EURONEXT:BLV: Bernstein cuts target price to EUR 15.30 from EUR 18.30
* BMPS MIL:BMPS: Barclays cuts target price to EUR 7.1 from EUR 7.4
* BMW XETR:BMW: Jefferies cuts target price to EUR 83 from EUR 92
* BMW XETR:BMW: RBC cuts target price to EUR 65 from EUR 80
* Bodycote LSE:BOY: HSBC cuts target price to 630p from 800p
* Boliden OMXSTO:BOL: Bernstein cuts target price to SEK 343 from SEK 347
* Brunello Cucinelli S.P.A MIL:BC: UBS cuts target price to EUR 121 from EUR 125
* Bunzl LSE:BNZL: Barclays cuts target price to 3100p from 3650p
* Bunzl LSE:BNZL: Bernstein cuts target price to 2900p from 3700p
* Bunzl LSE:BNZL: JP Morgan cuts target price to 2,700p from 3,500p
* Bunzl LSE:BNZL: JP Morgan cuts to neutral from overweight
* Bunzl LSE:BNZL: RBC cuts target price to 2600p from 3550p
* Bunzl Plc LSE:BNZL: Morgan Stanley cuts target price to 3150p from 3600p
* Burberry LSE:BRBY: Kepler Cheuvreux cuts target price to 900p from 1300p
* Burberry LSE:BRBY: Stifel cuts target price to 750p from 1,150p
* Central Asia Metals Plc AQUISUK:CAMLL: RBC cuts target price to 200p from 220p
* Credem MIL:CE: Barclays cuts target price to EUR 10.9 from EUR 11.7
* Cucinelli MIL:BC: Kepler Cheuvreux cuts target price to EUR 105 from EUR 110
* Daimler Truck Holding AG XETR:DTG: HSBC cuts target price to EUR 47 from EUR 51
* Deutsche Telekom XETR:DTE: UBS cuts target price to EUR 36.2 from EUR 37.7
* Dhl Group XETR:DHL: Deutsche Bank cuts target price to EUR 42 from EUR 50
* Discoverie Group Plc LSE:DSCV: Deutsche Bank cuts target price to 600p from 765p
* Discoverie Group Plc LSE:DSCV: HSBC cuts target price to 580p from 750p
* Docmorris AG SIX:DOCM: Baader Helvea cuts target price to CHF 19 from CHF 44
* Docmorris AG SIX:DOCM: Baader Helvea cuts to reduce from add
* DR ING HC F Porsche AG XETR:P911: Jefferies cuts PT to EUR 49 from EUR 65
* Duerr AG XETR:DUE: Kepler Cheuvreux cuts target price to EUR 28 from EUR 30
* Ecora Resources Plc LSE:ECOR: RBC cuts target price to 120p from 130p
* Eiffage EURONEXT:FGR: Kepler Cheuvreux raises target price to EUR 145 from EUR 127.5
* Embracer OMXSTO:EMBRAC_B: JP Morgan cuts target price to SEK 93 from SEK 108
* ENI MIL:ENI: Stifel cuts target price to EUR 12.7 from EUR 13.9
* EQT AB OMXSTO:EQT: Barclays cuts target price to SEK 290 from SEK 355
* EQT AB OMXSTO:EQT: UBS cuts target price to SEK 230 from SEK 300
* Essilorluxottica SA EURONEXT:EL: JP Morgan cuts target price to EUR 270 from EUR 280
* Essity OMXSTO:ESSITY_A: Kepler Cheuvreux cuts target price to SEK 307 from SEK 330
* Euronext NV EURONEXT:ENX: JP Morgan raises target price to EUR 143 from EUR 125
* Euronext NV EURONEXT:ENX: Morgan Stanley raises target price to EUR 148.5 from EUR 147.2
* Exail (TECHNOLOGIES): Portzamparc raises PT to EUR 50.1 from EUR 41; rating ‘buy’
* Fnac Darty EURONEXT:FNAC: HSBC raises target price to EUR 35 from EUR 32
* Fnac Darty EURONEXT:FNAC: HSBC raises to buy from hold
* Fresenius Medical Care AG XETR:FME: Morgan Stanley cuts PT to EUR 41 from EUR 42
* Future LSE:FUTR: Deutsche Bank cuts target price to 1915p from 2078p
* Galp Energia EURONEXT:GALP: HSBC cuts target price to EUR 18 from EUR 19.6
* Geberit SIX:GEBN: Barclays cuts target price to CHF 510 from CHF 515
* Geberit AG SIX:GEBN: Jefferies cuts target price to CHF 374 from CHF 401
* Gerresheimer AG XETR:GXI: Jefferies cuts target price to EUR 86 from EUR 93
* Getlink EURONEXT:GET: Barclays cuts target price to EUR 19 from EUR 19.5
* GL Events TSX:SEA: Midcap Partners raises PT to EUR 29.0 from EUR 28.0; rating ‘buy'
* GL Events TSX:SEA: Portzamparc raises target price to EUR 30.6 from EUR 28.5; rating ‘buy'
* Glencore LSE:GLEN: RBC cuts target price to 420p from 440p
* Halma LSE:HLMA: HSBC cuts target price to 2550p from 2800p
* Hays LSE:HAS: Jefferies cuts target price to 85p from 95p
* Hays LSE:HAS: Morgan Stanley cuts target price to 64p from 66p
* Heidelberg Materials XETR:HEI: Jefferies cuts target price to EUR 191.4 from EUR 200
* Heineken NV EURONEXT:HEIA: Barclays cuts target price to EUR 92 from EUR 98
* Heineken NV EURONEXT:HEIA: Bernstein cuts target price to EUR 104 from EUR 107
* Heineken NV EURONEXT:HEIA: BofA Global Research cuts PT to EUR 93 from EUR 97
* Heineken NV EURONEXT:HEIA: UBS cuts target price to EUR 93 from EUR 96
* Hermes EURONEXT:RMS: JP Morgan cuts target price to EUR 2,650 from EUR 2,700
* Hill & Smith LSE:HILS: Peel Hunt raises target price to 2650p from 2625p
* Holcim AG SIX:HOLN: Jefferies cuts target price to CHF 100 from CHF 108.7
* Holcim AG SIX:HOLN: Kepler Cheuvreux raises target price to CHF 106 from CHF 103
* Huhtamaki OMXHEX:HUH1V: Citigroup cuts target price to EUR 45 from EUR 46
* Hydro OSL:NHY: RBC raises to outperform from sector perform
* IMI LSE:IMI: HSBC cuts target price to 2170p from 2440p
* Inficon SIX:IFCN: UBS cuts target price to CHF 130 from CHF 140
* Integrafin Holdings Plc LSE:IHP: Jefferies cuts target price to 330p from 355p
* Intercos S.P.A. MIL:ICOS: UBS cuts target price to EUR 17.9 from EUR 18.5
* Intesa Sanpaolo MIL:ISP: Barclays raises target price to EUR 4.9 from EUR 4.8
* Ipsen SA EURONEXT:IPN: Morgan Stanley cuts target price to EUR 107 from EUR 110
* JD Sports Fashion LSE:JD.: UBS cuts target price to 84p from 103p
* Kingspan Group AQUISUK:KRXI: Barclays cuts target price to EUR 88 from EUR 90
* Kingspan Group AQUISUK:KRXI: Jefferies cuts target price to EUR 69.5 from EUR 72.8
* Kone Oyj OMXHEX:KNEBV: Citigroup cuts target price to EUR 58 from EUR 59
* Kone Oyj OMXHEX:KNEBV: Kepler Cheuvreux cuts target price to EUR 53 from EUR 58
* Kone Oyj OMXHEX:KNEBV: Kepler Cheuvreux cuts to hold from buy
* LVMH EURONEXT:MC: Berenberg cuts target price to EUR 570 from EUR 740
* M&C Saatchi AQUISUK:SAAL: Deutsche Bank cuts target price to 248p from 266p
* Melia Hotels BME:MEL: UBS cuts target price to EUR 6 from EUR 7.15
* Mercedes-Benz Group AG XETR:MBG: Jefferies cuts PT to EUR 55 from EUR 65
* Mercedes-Benz Group AG XETR:MBG: RBC cuts target price to EUR 73 from EUR 79
* Mitie Group Plc LSE:MTO: Berenberg raises target price to 165p from 160p
* Mitie Group Plc LSE:MTO: Deutsche Bank raises target price to 150p from 145p
* Moncler MIL:MONC: Kepler Cheuvreux cuts target price to EUR 60 from EUR 65
* Moncler MIL:MONC: RBC cuts target price to EUR 64 from EUR 65
* Moncler SpA MIL:MONC: UBS cuts target price to EUR 61 from EUR 64
* Nedap EURONEXT:NEDAP: Kepler Cheuvreux raises PT to EUR 65 from EUR 60.5
* Neste OMXHEX:NESTE: UBS cuts target price to EUR 7.5 from EUR 10
* Nobia OMXSTO:NOBI: Kepler Cheuvreux cuts target price to SEK 4.1 from SEK 4.8
* Nordea OMXHEX:NDA_FI: Barclays raises target price to EUR 11.8 from EUR 11.7
* Nordea OMXHEX:NDA_FI: Inderes cuts PT to EUR 12.0 from EUR 12.5; rating accumulate
* Nordea OMXHEX:NDA_FI: UBS raises target price to SEK 154 from SEK 150
* Orange SA EURONEXT:ORA: Morgan Stanley raises target price to EUR 13.5 from EUR 12.5
* OVS SpA MIL:OVS: Kepler Cheuvreux cuts target price to EUR 3.8 from EUR 4
* Oxford Instruments LSE:OXIG: Deutsche Bank cuts target price to 2750p from 2850p
* Oxford Instruments LSE:OXIG: HSBC cuts target price to 2050p from 2630p
* Pagegroup LSE:PAGE: Jefferies cuts target price to 275p from 340p
* Publicis Groupe SA EURONEXT:PUB: Barclays cuts target price to EUR 110 from EUR 125
* Puma SE XETR:PUM: UBS cuts target price to EUR 19 from EUR 19.5
* Randstad NV EURONEXT:RAND: Jefferies cuts target price to EUR 45 from EUR 50
* Renault EURONEXT:RNO: Jefferies cuts target price to EUR 48 from EUR 52
* Renishaw LSE:RSW: HSBC cuts target price to 2400p from 3300p
* Rightmove LSE:RMV: HSBC cuts to hold from buy
* Rolls-Royce Holdings Plc LSE:RR.: Morgan Stanley raises target price to 900p from 700p
* Rotork LSE:ROR: HSBC cuts target price to 360p from 395p
* S4 Capital Plc LSE:SFOR: Deutsche Bank cuts target price to 37p from 42p
* Saint-Gobain EURONEXT:SGO: Barclays cuts target price to EUR 112 from EUR 122
* Saint-Gobain EURONEXT:SGO: Jefferies cuts target price to EUR 140 from EUR 150
* Sandvik OMXSTO:SAND: Deutsche Bank cuts target price to SEK 203 from SEK 205
* Sandvik AB OMXSTO:SAND: Kepler Cheuvreux cuts target price to SEK 230 from SEK 250
* Sap SE XETR:SAP: Citigroup cuts target price to EUR 280 from EUR 300
* Sartorius XETR:SRT: Deutsche Bank cuts target price to EUR 270 from EUR 285
* Sartorius XETR:SRT: Deutsche Bank raises to buy from hold
* Sartorius AG XETR:SRT: Bernstein raises target price to EUR 248 from EUR 234
* Sartorius AG XETR:SRT: Bernstein raises to outperform from market-perform
* Sartorius AG XETR:SRT: Morgan Stanley cuts target price to EUR 300 from EUR 340
* Sartorius AG XETR:SRT: Stifel cuts target price to EUR 230 from EUR 285
* Sartorius Stedim Biotech EURONEXT:DIM: Morgan Stanley cuts PT to EUR 250 from EUR 260
* Schindler Holding AG SIX:SCHN: Citigroup raises target price to CHF 272 from CHF 255
* Schindler Holding AG SIX:SCHN: Kepler Cheuvreux cuts PT to CHF 255 from CHF 265
* Schindler Holding AG SIX:SCHN: Kepler Cheuvreux cuts to reduce from hold
* Schneider Electric EURONEXT:SU: Citigroup cuts target price to EUR 245 from EUR 250
* Schneider Electric EURONEXT:SU: Citigroup raises to buy from neutral
* Siemens Energy XETR:ENR: Deutsche Bank raises target price to EUR 74 from EUR 62
* SIG Group AG SIX:SIGN: Citigroup cuts target price to CHF 22 from CHF 22.50
* Sika SIX:SIKA: Barclays cuts target price to CHF 200 from CHF 220
* Sika SIX:SIKA: Jefferies cuts target price to CHF 278 from CHF 300
* SMA Solar XETR:S92: Jefferies cuts target price to EUR 16 from EUR 20
* Smiths Group LSE:SMIN: HSBC cuts target price to 2500p from 2730p
* Spectris LSE:SXS: HSBC cuts target price to 2625p from 3200p
* Spirax Group LSE:SPX: HSBC cuts target price to 6435p from 8200p
* Spirax Group LSE:SPX: HSBC cuts to hold from buy
* Stellantis NV MIL:STLAM: Jefferies cuts target price to EUR 9 from EUR 14
* Stellantis NV MIL:STLAM: RBC cuts target price to EUR 9 from EUR 12
* Tele2 OMXSTO:TEL2_A: Deutsche Bank raises target price to SEK 119 from SEK 105
* Theon International Plc EURONEXT:THEON: Berenberg raises PT to EUR 31 from EUR 20
* Travis Perkins LSE:TPK: JP Morgan cuts target price to 670p from 910p
* Trelleborg OMXSTO:TREL_B: Citigroup cuts target price to SEK 350 from SEK 380
* Unicredit MIL:UCG: Barclays raises target price to EUR 56.3 from EUR 50
* Vesuvius Plc LSE:VSVS: HSBC cuts target price to 450p from 580p
* Vidrala BME:VID: Citigroup cuts target price to EUR 99 from EUR 103
* Volex AQUISUK:VLXL: HSBC cuts target price to 380p from 500p
* Volkswagen AG XETR:VOW: RBC cuts target price to EUR 97 from EUR 116
* Voltalia SA EURONEXT:VLTSA: Morgan Stanley cuts target price to EUR 7 from EUR 9
* WH Smith LSE:SMWH: Deutsche Bank cuts target price to 1050p from 1290p
* Worldline EURONEXT:WLN: Deutsche Bank cuts target price to EUR 6.5 from EUR 7
* WPP Group LSE:WPP: Deutsche Bank cuts target price to 740p from 875p
* YouGov Plc AQUISUK:YOUL: Deutsche Bank cuts target price to 565p from 670p