Dunelm Group, Huhtamaki, SBM Offshore
Securities analysts revised their ratings and price targets on several European companies, including Dunelm Group, Huhtamaki and SBM Offshore on Monday.
HIGHLIGHTS
* Dunelm Group Plc
DNLM: RBC cuts to sector perform from outperform
* Huhtamaki
HUH1V: Jefferies cuts to hold from buy
* Lindt & Spruengli
LISN: Exane BNP Paribas raises to neutral from underperform
* M&G Plc
MNG: UBS raises to buy from neutral
* SBM Offshore NV
SBMO: Morgan Stanley initiates coverage with overweight rating
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* 3I Group
III: Citigroup raises target price to 5,000p from 4,850p
* Airtel Africa
AAF: Barclays raises target price to 210p from 175p
* Arkema
AKE: Barclays cuts target price to EUR 107 from EUR 118
* Bankinter
BKT: Jefferies raises target price to EUR 10.90 from EUR 7.70
* BPER
BPE: Kepler Cheuvreux initiates coverage with buy rating; target price EUR 8.9
* Caixabank
CABK: Jefferies raises target price to EUR 8 from EUR 6.7
* Carel Industries SpA
CRL: UBS initiates coverage with buy rating and PT EUR 25.50
* Dr Martens Plc
DOCS: RBC raises target price to 90p from 60p
* Dunelm Group Plc
DNLM: RBC cuts to sector perform from outperform
* GTT
GTT: Morgan Stanley initiates coverage with price target EUR 145
* GTT
GTT: Morgan Stanley initiates coverage with underweight rating
* Hikma Pharmaceuticals Plc
HIK: Barclays raises target price to 2300p from 2000p
* Huhtamaki
HUH1V: Jefferies cuts target price to EUR 35 from EUR 40
* Huhtamaki
HUH1V: Jefferies cuts to hold from buy
* Intermediate Capital Group Plc
ICG: Peel Hunt raises PT to 2680p from 2600p
* Jet2 Plc
JET2L: RBC raises target price to 2200p from 2100p
* Lindt & Spruengli
LISN: Exane BNP Paribas raises PT to CHF 12,500 from CHF 9,500
* Lindt & Spruengli
LISN: Exane BNP Paribas raises to neutral from underperform
* M&G Plc
MNG: UBS raises target price to 275p from 217p
* M&G Plc
MNG: UBS raises to buy from neutral
* Millennium BCP
BCP: Deutsche Bank raises target price to EUR 0.73 from EUR 0.69
* Paragon Banking Group Plc
PAG: UBS raises target price to 990p from 900p
* Premier Foods Plc
PFD: Berenberg raises target price to 270p from 250p
* Salmar ASA
SALM: Barclays cuts target price to NOK 420 from NOK 430
* SBM Offshore NV
SBMO: Morgan Stanley initiates coverage with overweight rating
* SBM Offshore NV
SBMO: Morgan Stanley initiates coverage with price target EUR 29
* SES SA
SESG: New Street Research initiates coverage with neutral rating
* SES SA
SESG: New Street Research initiates coverage with target price EUR 5.80
* Trainline Plc
TRN: Morgan Stanley cuts target price to 370p from 405p
* Trustpilot Group Plc
TRST: Panmure Liberum initiates coverage with sell rating
* Trustpilot Group Plc
TRST: Panmure Liberum initiates coverage with target price 200p
* Unicaja
UNI: Jefferies raises target price to EUR 2 from EUR 1.20
* Unipol Assicurazioni S.P.A
UNI: UBS initiates coverage with neutral rating
* Unipol Assicurazioni S.P.A
UNI: UBS initiates coverage with target price EUR 17.70
* United Internet AG
UTDI: Citigroup raises target price to EUR 29 from EUR 21
* URW
URW: Citigroup raises target price to EUR 101.10 from EUR 85.20
* Vallourec
VK: Morgan Stanley initiates coverage with equal weight rating
* Vallourec
VK: Morgan Stanley initiates coverage with price target EUR 19.50
* VH Global Energy Infrastructure Plc
ENRG: Jefferies raises to buy from hold
* Wise Plc
WISE: Monness Crespi Hardt raises target price to 1400p from 1300p
* Wizz Air Holdings
WIZZ: UBS cuts target price to 17.80p from 20.15p