Securities analysts revised their ratings and price targets on several European companies, including Airbus, Deutsche Telekom and L'Oreal, on Tuesday.
HIGHLIGHTS
* Airbus SE EURONEXT:AIR: Morgan Stanley cuts target price to EUR 187 from EUR 205
* Deutsche Telekom XETR:DTE: Deutsche Bank ups PT to EUR 41.50 from EUR 40
* L'Oreal EURONEXT:OR: Jefferies cuts target price to EUR 369 from EUR 374
* Shell Plc LSE:SHEL: Berenberg cuts target price to 3,150p from 3,300p
* Tenaris MIL:TEN: Exane BNP Paribas initiates coverage with outperform rating
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
* ABB SIX:ABBN: Barclays cuts target price to CHF 38 from CHF 44
* ABN Amro EURONEXT:ABN: UBS cuts target price to EUR 23.50 from EUR 24
* Air France-KLM EURONEXT:AF: BofA Global Research cuts PT to EUR 7.80 from EUR 9.50
* Airbus SE EURONEXT:AIR: JP Morgan cuts target price to EUR 180 from EUR 195
* Amundi SA EURONEXT:AMUN: Morgan Stanley raises target price to EUR 70.50 from EUR 65.90
* Banca Generali MIL:BGN: Jefferies cuts target price to EUR 44.40 from EUR 45.30
* Banca Mediolanum MIL:BMED: Jefferies cuts to hold from buy
* BASF SE XETR:BAS: Berenberg cuts target price to EUR 45 from EUR 50
* Biomerieux SA EURONEXT:BIM: Morgan Stanley cuts target price to EUR 127 from EUR 129
* Boliden OMXSTO:BOL: RBC raises target price to SEK 310 from SEK 290
* Boliden OMXSTO:BOL: RBC raises to sector perform from underperform
* Boozt AB OMXSTO:BOOZT: Kepler Cheuvreux cuts target price to SEK 140 from SEK 150
* BP LSE:BP.: Berenberg cuts target price to 395p from 450p
* Corbion NV EURONEXT:CRBN: ING cuts target price to EUR 14 from EUR 17
* Credit Agricole EURONEXT:ACA: Jefferies cuts target price to EUR 20 from EUR 23.40
* Datagroup SE XETR:D6H: Berenberg cuts target price to EUR 54 from EUR 70
* Datagroup SE XETR:D6H: Berenberg cuts to hold from buy
* Datwyler Holding AG SIX:DAE: UBS cuts target price to CHF 125 from CHF 138
* Demant OMXCOP:DEMANT: Kepler Cheuvreux cuts target price to DKK 240 from DKK 290
* Deutsche Lufthansa XETR:LHA: BofA Global Research cuts PT to EUR 6 from EUR 6.60
* Deutsche Telekom XETR:DTE: Deutsche Bank ups PT to EUR 41.50 from EUR 40
* Edenred SA EURONEXT:AC: Morgan Stanley cuts target price to EUR 48 from EUR 49
* Energean Plc LSE:ENOG: >: Berenberg ups to buy from hold; ups PT to 1,000p from 940p
* Engcon AB OMXSTO:ENGCON_B: Berenberg cuts target price to SEK 110 from SEK 120
* ENI MIL:ENI: Berenberg cuts target price to EUR 13.5 from EUR 15.5
* EQT OMXSTO:EQT: JP Morgan cuts target price to SEK 251 from SEK 269
* Equinor OSL:EQNR: Berenberg cuts target price to NOK 325 from NOK 340
* Equinor OSL:EQNR: RBC cuts target price to NOK 260 from NOK 300
* Equinor OSL:EQNR: RBC cuts to underperform from sector perform
* Fresenius Medical Care AG XETR:FME: Barclays cuts PT to EUR 40.50 from EUR 42.50
* Fresenius SE & Co KGaA XETR:FRE: Barclays cuts target price to EUR 43.50 from EUR 44
* Gecina SA EURONEXT:GFC: Berenberg cuts target price to EUR 115 from EUR 120
* Harbour Energy Plc LSE:HBR: Berenberg cuts target price to 200p from 205p
* Hermes International SCA EURONEXT:RMS: UBS cuts PT to EUR 2,780 from EUR 2,975
* IAG LSE:IAG: Raymond James cuts target price to EUR 4.50 from EUR 5
* Indutrade OMXSTO:INDT: Kepler Cheuvreux cuts target price to SEK 290 from SEK 325
* Inpost SA EURONEXT:INPST: Barclays raises target price to EUR 21 from EUR 20
* Ipsen SA EURONEXT:IPN: Barclays cuts target price to EUR 110 from EUR 120
* Ipsos SA EURONEXT:IPS: UBS cuts target price to EUR 44 from EUR 50.60
* Jet2 Plc AQUISUK:JET2L: Barclays raises target price to 2,100p from 1,900p
* KBC GROEP NV KBC.BR: RBC CUTS TARGET PRICE TO EUR 84 FROM EUR 86
* Logitech International SA SIX:LOGN: Kepler Cheuvreux cuts PT to CHF 75 from CHF 100
* L'Oreal EURONEXT:OR: Jefferies cuts target price to EUR 369 from EUR 374
* Man Group LSE:EMG: Morgan Stanley cuts target price to 164p from 179p
* Melrose Industries Plc LSE:MRO: Morgan Stanley cuts target price to 470p from 590p
* MTU Aero Engines AG XETR:MTX: JP Morgan cuts PT to EUR 375 from EUR 415
* Novonesis OMXCOP:NSIS_B: Berenberg cuts target price to DKK 485 from DKK 515
* OCI NV EURONEXT:OCI: Degroof Petercam cuts target price to EUR 7.50 from EUR 13
* Orion OMXHEX:ORNAV: Inderes cuts target price to EUR 50 from EUR 55; rating reduce
* Orsted OMXCOP:ORSTED: Barclays cuts target price to DKK 239.95 from DKK 365.41
* Orsted OMXCOP:ORSTED: Barclays cuts to underweight from equal-weight
* Ovhcloud EURONEXT:OVH: Morgan Stanley raises target price to EUR 9 from EUR 8.70
* Ovhcloud EURONEXT:OVH: Stifel raises to hold from sell; ups PT to EUR 11 from EUR 7
* Pernod Ricard EURONEXT:RI: UBS cuts target price to EUR 97 from EUR 101
* Pernod-Ricard EURONEXT:RI: Barclays raises target price to EUR 97 from EUR 94
* Pernod-Ricard EURONEXT:RI: Barclays raises to equal-weight from underweight
* Poste Italiane MIL:PST: Barclays raises target price to EUR 16.70 from EUR 14
* Poste Italiane MIL:PST: Jefferies raises target price to EUR 18 from EUR 13.90
* PSP Swiss Property SIX:PSPN: UBS raises target price to CHF 153 from CHF 135
* Repsol BME:REP: Berenberg cuts target price to EUR 12 from EUR 14
* Safran SA EURONEXT:SAF: Morgan Stanley cuts target price to EUR 235 from EUR 243
* Sainsbury LSE:SBRY: Barclays cuts target price to 320p from 340p
* Sainsbury LSE:SBRY: JP Morgan raises target price to 330p from 305p
* Sandvik AB OMXSTO:SAND: Barclays cuts target price to SEK 260 from SEK 270
* Sanofi EURONEXT:SAN: Kepler Cheuvreux raises target price to EUR 95 from EUR 92
* Shell Plc LSE:SHEL: Berenberg cuts target price to 3,150p from 3,300p
* Sonova Holding AG SIX:SOON: Kepler Cheuvreux cuts PT to CHF 220 from CHF 270
* STMicroelectronics NV EURONEXT:STMPA: JP Morgan cuts PT to EUR 26 from EUR 29
* Tate & Lyle LSE:TATE: Barclays cuts target price to 740p from 750p
* Tate & Lyle LSE:TATE: Barclays raises to overweight from equal-weight
* Tenaris MIL:TEN: Exane BNP Paribas initiates coverage with outperform rating
* Tenaris MIL:TEN: Exane BNP Paribas initiates coverage with target price EUR 18.50
* Titan America SA NYSE:TTAM: Stifel cuts target price to $15 from $16
* UPM OMXHEX:UPM: Inderes cuts target price to EUR 26 from EUR 29; rating accumulate
* Verve Group SE OMXSTO:VER: Kepler Cheuvreux cuts PT to SEK 46 from SEK 55.5
* Wise LSE:WISE: UBS raises target price to 1300p from 1240p
* Wizz Air LSE:WIZZ: BofA Global Research cuts PT to 1,600p from 1,690p