Business
Aixtron, Bayer, Cerillion
Aixtron, Bayer, Cerillion

About this update from Fabege Ab
Securities analysts revised their ratings and price targets on several European companies including Aixtron, Bayer and Cerillion, on Tuesday. HIGHLIGHTS * Aixtron XETR:AIXA : HSBC initiates coverage with hold rating and PT EUR 9.8 * Bayer AG XETR:BAYN : Baader Helvea cuts target price to EUR 37 from EUR 40.3 * Cerillion LSE:CER : Deutsche Bank cuts target price to 1550p from 1680p * EQT AB OMXSTO:EQT : Citigroup cuts target price to SEK 275 from SEK 375 * Siemens XETR:SIE : Morgan Stanley cuts target price to EUR 215 from EUR 250 Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. * 3I Group LSE:III : Citigroup raises target price to 4850p from 4670p * Adecco Group AG SIX:ADEN : Kepler Cheuvreux cuts PT to CHF 37 from CHF 39 * Admiral LSE:ADM : Deutsche Bank raises target price to 3500p from 3490p * Aixtron (AIXGN.DE): HSBC initiates coverage with hold rating and PT EUR 9.8 * Amplifon SpA MIL:AMP : Kepler Cheuvreux cuts target price to EUR 24 from EUR 26 * Antin Infrastructure Partners EURONEXT:ANTIN : Citigroup cuts PT to EUR 11 from EUR 14.90 * Antin Infrastructure Partners EURONEXT:ANTIN : Citigroup cuts to neutral from buy * Aperam SA EURONEXT:APAM : Citigroup cuts target price to EUR 28 from EUR 34 * Arcadis NV EURONEXT:ARCAD : ING cuts to hold from buy; cuts target price to EUR 49 from EUR 79 * Ashmore Group Plc LSE:ASHM : Barclays cuts target price to 135p from 160p * Ashmore Group Plc LSE:ASHM : Deutsche Bank cuts target price to 135p from 150p * Aviva Plc LSE:AV. : Deutsche Bank raises target price to 570p from 565p * Barry Callebaut AG SIX:BARN : Barclays cuts target price to CHF 900 from CHF 1415 * Barry Callebaut AG SIX:BARN : Barclays cuts to equal-weight from overweight * Barry Callebaut AG SIX:BARN : Berenberg cuts target price to CHF 1160 from CHF 1650 * Barry Callebaut AG SIX:BARN : Stifel cuts target price to CHF 1,100 from CHF 1,380 * Bayer AG XETR:BAYN : Baader Helvea cuts target price to EUR 37 from EUR 40.3 * BIC EURONEXT:BB : Bernstein cuts target price to EUR 70 from EUR 82 * Bilia OMXSTO:BILI_A : Kepler Cheuvreux cuts target price to SEK 130 from SEK 155 * BNP Paribas SA EURONEXT:BNP : Barclays cuts target price to EUR 90 from EUR 96 * Breedon Group Plc LSE:BREE : RBC cuts target price to 625p from 650p * Brenntag SE XETR:BNR : Berenberg cuts target price to EUR 68 from EUR 76 * Bridgepoint Group Plc LSE:BPT : Citigroup cuts target price to 360p from 410p * Cerillion LSE:CER : Deutsche Bank cuts target price to 1550p from 1680p * Cerillion LSE:CER : Deutsche Bank raises to buy from hold * Computacenter Plc LSE:CCC : UBS cuts target price to 2600p from 2750p * Cranswick Plc LSE:CWK : Davy Research raises target price to 6100p * Credit Agricole SA EURONEXT:ACA : Barclays cuts target price to EUR 17.7 from EUR 17.8 * CVC Plc EURONEXT:CVC : Citigroup cuts PT to EUR 20.70 from EUR 25.80 * CVC Plc EURONEXT:CVC : Deutsche Bank cuts target price to EUR 19.5 from EUR 22.5 * De' Longhi SpA MIL:DLG : Berenberg cuts target price to EUR 31 from EUR 37 * Delivery Hero XETR:DHE0 : HSBC cuts target price to EUR 40 from EUR 45 * Deutsche Bank AG XETR:DBK : Kepler Cheuvreux ups PT to EUR 24 from EUR 23.5 * Deutsche Boerse AG XETR:DB1 : JP Morgan raises target price to EUR 251 from EUR 224 * Dino Polska GPW:DNP : Barclays raises target price to PLN 480 from PLN 475 * Docmorris SIX:DOCM : HSBC cuts target price to CHF 19 from CHF 20 * Domino's Pizza Group Plc LSE:DOM : Barclays cuts target price to 250p from 290p * Domino's Pizza Group Plc LSE:DOM : Barclays cuts to underweight from equal weight * EQT AB OMXSTO:EQT : Citigroup cuts target price to SEK 275 from SEK 375 * EQT AB OMXSTO:EQT : Deutsche Bank cuts target price to SEK 320 from SEK 375 * Fabege AB OMXSTO:FABG : Kepler Cheuvreux cuts target price to SEK 91 from SEK 94 * Fabege AB OMXSTO:FABG : Morgan Stanley cuts target price to SEK 85 from SEK 90 * Fugro NV EURONEXT:FUR : Degroof Petercam cuts target price to EUR 16 from EUR 33 * Fugro NV EURONEXT:FUR : Degroof Petercam cuts to hold from buy * Fugro NV EURONEXT:FUR : Jefferies cuts target price to EUR 21.50 from EUR 28 * Holmen OMXSTO:HOLM_A : Citigroup cuts target price to SEK 405 from SEK 446 * IAG LSE:IAG : Kepler Cheuvreux cuts target price to 400p from 470p * ING Groep EURONEXT:INGA : Barclays raises target price to EUR 17.9 from EUR 17.6 * Intermediate Capital Group Plc LSE:ICG : Citigroup cuts PT to 2610p from 2730p * Interparfums SA EURONEXT:ITP : Kepler Cheuvreux cuts PT to EUR 38 from EUR 50 * Interparfums SA EURONEXT:ITP : Kepler Cheuvreux cuts to hold from buy * JD Sports Fashion Plc LSE:JD. : Barclays cuts target price to 80p from 110p * JD Sports Fashion Plc LSE:JD. : Barclays raises to equal-weight from underweight * Jost Werke XETR:JST : Deutsche Bank cuts target price to EUR 60 from EUR 62 * Just Group Plc LSE:JUST : Deutsche Bank cuts target price to 170p from 180p * K+S XETR:SDF : Jefferies raises target price to EUR 10.3 from EUR 8 * LSEG LSE:LSEG : Deutsche Bank raises PT to 12600p from 11500p * LSEG LSE:LSEG : Deutsche Bank raises to buy from hold * LSEG LSE:LSEG : JP Morgan cuts target price to 13,670p from 13,900p * LVMH EURONEXT:MC : Deutsche Bank cuts target price to EUR 565 from EUR 580 * LVMH EURONEXT:MC : Jefferies cuts target price to EUR 510 from EUR 670 * LVMH EURONEXT:MC : JP Morgan cuts target price to EUR 610 from EUR 650 * LVMH EURONEXT:MC : Kepler Cheuvreux cuts PT to EUR 675 from EUR 750 * LVMH EURONEXT:MC : Morgan Stanley cuts PT to EUR 590 from EUR 740 * LVMH EURONEXT:MC : RBC cuts target price to EUR 680 from EUR 750 * LVMH EURONEXT:MC : UBS cuts PT to EUR 569 from EUR 650 * Meko AB OMXSTO:MEKO : Kepler Cheuvreux cuts target price to SEK 140 from SEK 160 * National Grid Plc LSE:NG. : JP Morgan raises target price to 1,225p from 1,175p * Nestle SA SIX:NESN : Exane BNP Paribas cuts target price to CHF 90 from CHF 98 * Nestle SA SIX:NESN : Exane BNP Paribas cuts to neutral from outperform * Next Plc LSE:NXT : Goldman Sachs raises target price to 14,000p from 12,200p * Next Plc LSE:NXT : Goldman Sachs raises to buy from neutral * NKT A/S OMXCOP:NKT : Barclays raises target price to DKK 597 from DKK 485 * NKT A/S OMXCOP:NKT : Barclays raises to overweight from underweight * Optima Health Plc LSE:OPT : RBC raises target price to 220p from 215p * Pandora OMXCOP:PNDORA : Jyske Bank cuts TP to DKK 1,200 from DKK 1,300 * Pandora OMXCOP:PNDORA : Jyske Bank raises to buy from hold * Paradox Interactive AB OMXSTO:PDX : Kepler Cheuvreux cuts PT to SEK 182 from SEK 225 * Partners Group SIX:PGHN : Deutsche Bank cuts target price to CHF 1200 from CHF 1435 * Partners Group Holding AG SIX:PGHN : Citigroup cuts PT to CHF 1,120 from CHF 1,470 * Partners Group Holding AG SIX:PGHN : Citigroup cuts to neutral from buy * Polar Capital AQUISUK:POLRL : Deutsche Bank cuts target price to 415p from 475p * PVA Tepla AG XETR:TPE : Jefferies cuts target price to EUR 18 from EUR 19 * Repsol BME:REP : Exane BNP Paribas cuts to underperfrom from neutral * Rheinmetall AG XETR:RHM : Berenberg raises target price to EUR 1630 from EUR 1410 * Robertet SA EURONEXT:RBT : Stifel cuts target price to EUR 1000 from EUR 1100 * Rotork Plc LSE:ROR : RBC raises to outperform from sector perform * Saf Holland SE XETR:SFQ : Deutsche Bank cuts target price to EUR 18 from EUR 19 * Salzgitter AG XETR:SZG : Citigroup raises target price to EUR 24 from EUR 18 * Salzgitter AG XETR:SZG : Kepler Cheuvreux cuts target price to EUR 29 from EUR 33 * Sanlorenzo SpA MIL:SL : Berenberg cuts target price to EUR 45 from EUR 50 * Sanlorenzo SpA MIL:SL : Kepler Cheuvreux cuts target price to EUR 45.5 from EUR 51 * SCA AB OMXSTO:SCA_A : Citigroup cuts target price to SEK 140 from SEK 167 * Schibsted ASA OSL:SCHA : Kepler Cheuvreux cuts PT to NOK 375 from NOK 384 * Sdiptech AB (Publ) OMXSTO:SDIP_B : Berenberg cuts target price to SEK 230 from SEK 355 * SEB SA EURONEXT:SK : Berenberg cuts target price to EUR 106 from EUR 121 * Serabi Gold Plc LSE:SRB : Peel Hunt raises target price to 205p from 160p * Shurgard Self Storage EURONEXT:SHUR : Barclays cuts target price to EUR 36 from EUR 38 * Siemens XETR:SIE : Morgan Stanley cuts target price to EUR 215 from EUR 250 * Siltronic AG XETR:WAF : Kepler Cheuvreux cuts PT to EUR 36 from EUR 59 * Siltronic AG XETR:WAF : Kepler Cheuvreux cuts to neutral * Softcat Plc LSE:SCT : UBS raises target price to 1350p from 1310p * Stadler Rail AG SIX:SRAIL : UBS raises target price to CHF 18 from CHF 17 * Stillfront Group OMXSTO:SF : Barclays cuts target price to SEK 7.3 from SEK 9.5 * Tesco LSE:TSCO : HSBC cuts target price to 390p from 430p * Tikehau Capital Sc EURONEXT:TKO : Citigroup cuts target price to EUR 20.80 from EUR 25.50 * Totalenergies SE EURONEXT:TTE : Exane BNP Paribas raises to outperform from neutral * Treatt LSE:TET : Barclays cuts target price to 300p from 480p * TT Electronics Plc LSE:TTG : RBC cuts target price to 85p from 140p * TT Electronics Plc LSE:TTG : RBC cuts to sector perform from outperform * Tullow Oil Plc LSE:TLW : Panmure Liberum cuts target price to 21p from 28p * VAT Group AG SIX:VACN : Morgan Stanley cuts target price to CHF 300 from CHF 315 * Vistry Group Plc LSE:VTY : JP Morgan cuts target price to 570p from 690p * Volvo OMXSTO:VOLV_A : RBC cuts target price to SEK 295 from SEK 307 * Volvo OMXSTO:VOLV_A : RBC raises to outperform from sector perform * Wartsila OMXHEX:WRT1V : Kepler Cheuvreux raises to buy from hold