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