Business
Ams-Osram, Knorr Bremse and Pensionbee Group
Ams-Osram, Knorr Bremse and Pensionbee Group
About this update from Acerinox Sa
Securities analysts revised their ratings and price targets on several European companies, including Ams-Osram, Knorr Bremse and Pensionbee Group, on Tuesday. HIGHLIGHT * Ams-Osram AG SIX:AMS : JP Morgan raises to overweight from neutral * Knorr Bremse AG XETR:KBX : Citigroup raises target price to EUR 123 from EUR 116 * Pensionbee Group Plc LSE:PBEE : RBC raises target price to 175p from 170p * Soitec SA EURONEXT:SOI : Morgan Stanley raises target price to EUR 200 from EUR 70 * Watches of Switzerland LSE:WOSG : RBC raises target price to 650p from 560p 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 : Deutsche Bank cuts target price to 3527p from 4300p * Acerinox SA BME:ACX : Morgan Stanley raises target price to EUR 15.5 from EUR 13.7 * Adecco SIX:ADEN : UBS cuts target price to CHF 13 from CHF 21 * Adecco SIX:ADEN : UBS cuts to sell from neutral * AF Gruppen OSL:AFG : Kepler Cheuvreux cuts target price to NOK 194 from NOK 201 * Airtel Africa Plc LSE:AAF : Deutsche Bank raises target price to 450p from 430p * Alfa Laval AB OMXSTO:ALFA : Barclays raises target price to SEK 580 from SEK 570 * Ams-Osram AG SIX:AMS : JP Morgan raises target price to CHF 23.6 from CHF 11.8 * Ams-Osram AG SIX:AMS : JP Morgan raises to overweight from neutral * Anglo American LSE:AAL : Berenberg cuts target price to 4000p from 4100p * Athens International Airport SA ATHEX:AIA : Barclays raises target price to EUR 10.3 from EUR 10.15 * Bank Pekao S.A. GPW:PEO : Morgan Stanley raises target price to PLN 269 from PLN 265 * Bank PKO BP GPW:PKO : Morgan Stanley cuts target price to PLN 111 from PLN 114 * Barratt Redrow LSE:BTRW : Barclays cuts target price to 260p from 482p * Barratt Redrow LSE:BTRW : Barclays cuts to equal-weight from overweight * Bayer AG XETR:BAYN : Barclays raises target price to EUR 50 from EUR 48 * Be Semiconductor Industries NV EURONEXT:BESI : Morgan Stanley ups PT to EUR 300 from EUR 200 * Bellway LSE:BWY : Barclays cuts target price to 2020p from 3390p * Bellway LSE:BWY : Barclays cuts to equal-weight from overweight * Berkeley Group LSE:BKG : Barclays cuts target price to 3996p from 4280p * BNP Paribas SA EURONEXT:BNP : Barclays raises target price to EUR 100 from EUR 9 * Cranswick Plc LSE:CWK : Peel Hunt raises target price to 6100p from 5500p * Crest Nicholson LSE:CRST : Barclays cuts target price to 77p from 140p * Delivery Hero XETR:DHE0 : Barclays raises target price to EUR 39.1 from EUR 35.5 * Demant OMXCOP:DEMANT : Deutsche Bank raises target price to DKK 226 from DKK 211 * Deutsche Boerse AG XETR:DB1 : BofA Global Research raises PT to EUR 305 from EUR 300 * Diploma Plc LSE:DPLM : Berenberg raises target price to 9,000p from 7,500p * DSV OMXCOP:DSV : BofA Global Research raises PT to DKK 2250 from DKK 2240 * DCC LSE:DCC : Peel Hunt cuts to add from buy; raises target price to 6350p from 5635p * Delivery Hero XETR:DHE0 : Barclays raises target price to EUR 39.1 from EUR 35.5 * Diploma Plc LSE:DPLM : RBC raises target price to 7,300p from 6,600p * EDP Renovaveis EURONEXT:EDPR : UBS raises target price to EUR 14.1 from EUR 13.5 * Emeis EURONEXT:EMEIS : Kepler Cheuvreux raises target price to EUR 16 from EUR 10 * Emeis EURONEXT:EMEIS : Kepler Cheuvreux raises to hold from reduce * Evonik (EVKN.DE): Kepler Cheuvreux raises target price to EUR 14.3 from EUR 12.7 * Flsmidth OMXCOP:FLS : UBS raises target price to DKK 550 from DKK 450 * Flsmidth OMXCOP:FLS : UBS raises to buy from neutral * Geberit AG SIX:GEBN : Citigroup cuts target price to CHF 520 from CHF 575 * Gerresheimer AG XETR:GXI : Jefferies cuts target price to EUR 26.8 from EUR 34.1 * Gerresheimer AG XETR:GXI : Jefferies cuts to hold from buy * Intrum AB OMXSTO:INTRUM : UBS cuts target price to SEK 28 from SEK 54 * Intrum AB OMXSTO:INTRUM : UBS raises to buy from neutral * Jensen-Group EURONEXT:JEN : KBC Securities raises PT to EUR 74 from EUR 70; rating 'accumulate' * Kainos Group Plc LSE:KNOS : Deutsche Bank raises target price to 920p from 860p * Knorr Bremse AG XETR:KBX : Citigroup raises target price to EUR 123 from EUR 116 * Knorr Bremse AG XETR:KBX : Citigroup raises to buy from neutral * Lindt & Spruengli SIX:LISN : JP Morgan cuts target price to CHF 87,000 from CHF 100,000 * Mowi OSL:MOWI : Berenberg cuts target price to NOK 245 from NOK 270 * ON the Beach Group Plc LSE:OTB : RBC cuts target price to 290p from 305p * Pensionbee Group Plc LSE:PBEE : RBC raises target price to 175p from 170p * Persimmon LSE:PSN : Barclays cuts target price to 1122p from 1514p * PKO Bank Polski SA GPW:PKO : Barclays raises target price to PLN 92 from PLN 91 * Rathbones Group LSE:RAT : Kepler Cheuvreux cuts target price to 2400p from 2460p * Reply SpA MIL:REY : Bernstein raises target price to EUR 120 from EUR 114 * Ryanair LSIN:0RYA : Barclays cuts target price to EUR 29 from EUR 31 * Ryanair Holdings LSIN:0RYA : Morgan Stanley cuts target price to EUR 25.5 from EUR 29 * Shurgard Self Storage Ltd EURONEXT:SHUR : Kepler Cheuvreux cuts PT to EUR 28 from EUR 33 * Soitec SA EURONEXT:SOI : Morgan Stanley raises target price to EUR 200 from EUR 70 * Sonova Holding AG SIX:SOON : JP Morgan raises target price to CHF 189 from CHF 163 * Syensqo EURONEXT:SYENS : Deutsche Bank raises target price to EUR 67 from EUR 54 * Sys-Dat MIL:SYS : Kepler Cheuvreux raises target price to EUR 7 from EUR 6 * Taylor Wimpey LSE:TW. : Barclays cuts target price to 68p from 111p * Magnum ICE Cream Company B.V. EURONEXT:MICC : Barclays raises PT to EUR 15 from EUR 14 * Travis Perkins LSE:TPK : JP Morgan cuts target price to 630p from 680p * Travis Perkins Plc LSE:TPK : Morgan Stanley cuts target price to 685p from 740p * Vistry Group LSE:VTY : Barclays cuts target price to 185p from 360p * Vistry Group Plc LSE:VTY : JP Morgan cuts target price to 430p from 530p * Watches of Switzerland LSE:WOSG : RBC raises target price to 650p from 560p