EUROPE RESEARCH ROUNDUP- Arkema, Fuller Smith & Turner, Siemens Energy

Reuters05-09

May 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Fuller Smith & Turner and Siemens Energy, on Thursday.

HIGHLIGHTS

* Arkema SA : HSBC raises target price to EUR 117 from EUR 107

* Bytes Technology Group Plc : Deutsche Bank initiates coverage with

buy rating

* Fuller Smith & Turner Plc : Deutsche Bank initiates coverage with

buy rating

* Munich Re : Berenberg raises target price to EUR 480 from EUR 465

* Siemens Energy AG : HSBC raises target price to EUR 27 from EUR 17

Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in alphabetical order.

* 888 Holdings : Deutsche Bank initiates coverage with hold rating and PT 90p

* A.S.R. : Deutsche Bank raises target price to EUR 55 from EUR 50

* Accesso Technology Group Plc : Deutsche Bank initiates coverage with buy

rating

* Accesso Technology Group Plc : Deutsche Bank initiates coverage with PT

1000p

* Amadeus : Deutsche Bank raises target price to EUR 62 from EUR 58

* Anheuser Busch Inbev SA : Barclays cuts target price to EUR 61 from EUR 63

* ArcelorMittal : Goldman Sachs starts coverage with neutral rating

* ArcelorMittal SA : Goldman Sachs initiates with neutral rating; PT EUR 26.6

* Arkema SA : HSBC raises target price to EUR 117 from EUR 107

* Barclays : Deutsche Bank initiates coverage with buy rating and target

price 270p

* Bechtle AG : Barclays cuts target price to EUR 38 from EUR 40

* Bechtle AG : Berenberg cuts target price to EUR 55 from EUR 57

* Biomerieux SA : Barclays initiates with overweight rating; price target

EUR 120

* BP : Jefferies raises target price to 580p from 570p

* Bytes Technology Group Plc : Deutsche Bank initiates coverage with buy

rating

* Bytes Technology Group Plc : Deutsche Bank initiates coverage with PT 585p

* Cerillion : Deutsche Bank initiates coverage with hold rating and PT 1440p

* Chesnara Plc : RBC cuts target price to 320p from 335p

* Continental AG : Deutsche Bank cuts target price to EUR 70 from EUR 80

* Credito Emiliano SpA : Barclays raises target price to EUR 10.6 from EUR

10.1

* Dalata : Deutsche Bank initiates coverage with buy rating and PT EUR 6.2

* Danske Bank : Citigroup cuts target price to DKK 245 from DKK 262

* Darktrace Plc : Deutsche Bank initiates coverage with hold rating and PT

620p

* DHL Group : Morgan Stanley raises target price to EUR 47 from EUR 46

* Diasorin SpA : Barclays initiates coverage with equal weight rating; PT

EUR 95

* DNB Bank ASA : Citigroup cuts target price to NOK 191 from NOK 207

* Domino's Pizza Group : Deutsche Bank initiates coverage with buy rating and

PT 480p

* Dotdigital : Deutsche Bank initiates coverage with buy rating and PT 115p

* EMS Chemie Holding AG : Berenberg raises target price to CHF 657 from CHF

637

* Evonik Industries AG : Berenberg raises target price to EUR 22 from EUR

20

* FDM Group Holdings Plc : Deutsche Bank initiates coverage with hold rating

* FDM Group Holdings Plc : Deutsche Bank initiates coverage with target price

365p

* Fluidra : Barclays cuts target price to EUR 23 from EUR 23.3

* Frontier Developments Plc : Deutsche Bank initiates coverage with PT 200p

* Frontier Developments Plc : Deutsche Bank initiates coverage with sell

rating

* Fuller Smith & Turner Plc : Deutsche Bank initiates coverage with buy

rating

* Fuller Smith & Turner Plc : Deutsche Bank initiates coverage with PT 1250p

* Galp : Jefferies raises target price to EUR 28 from EUR 18

* Galp : Jefferies raises target price to EUR 28 from EUR 18

* GB Group Plc : Deutsche Bank initiates coverage with buy rating and PT

550p

* Generali : Barclays raises target price to EUR 21 from EUR 20.5

* Greggs Plc : Deutsche Bank initiates coverage with hold rating and PT 2600p

* Gym Group Plc : Deutsche Bank initiates coverage with buy rating and PT

170p

* Handelsbanken : Citigroup cuts target price to SEK 100 from SEK 105

* Helios Towers : Berenberg raises target price to 185p from 170p

* Henkel : Deutsche Bank raises target price to EUR 75 from EUR 70

* Henkel AG & Co KGaA : Jefferies raises target price to EUR 91 from EUR 86

* Henkel AG & Co KGaA : Barclays raises target price to EUR 78 from EUR

76

* Henkel AG & Co KGaA : Berenberg raises target price to EUR 86 from EUR

78

* Henkel AG & Co KGaA : HSBC raises target price to EUR 94 from EUR 87

* Hiscox : Peel Hunt raises target price to 1,445p from 1,340p

* Hollywood Bowl Group Plc : Deutsche Bank initiates coverage with buy

rating

* Hollywood Bowl Group Plc : Deutsche Bank initiates coverage with PT 384p

* Hostelworld Group : Deutsche Bank initiates coverage with buy rating and PT

215p

* HSBC : RBC raises target price to 750p from 725p

* IHG : Citigroup raises target price to 6300p from 6100p

* Infineon Technologies AG : HSBC cuts target price to EUR 50 from EUR 53

* Infineon Technologies AG : Morgan Stanley raises PT to EUR 45 from EUR

40

* Informa : Barclays raises target price to 975p from 950p

* Informa : Morgan Stanley raises target price to 870p from 850p

* Intesa Sanpaolo SpA : Morgan Stanley raises target price to EUR 4.2 from

EUR 4.1

* JD Wetherspoon : Deutsche Bank initiates coverage with hold rating and PT

750p

* Jet2 Plc : Deutsche Bank initiates coverage with buy rating and PT 2240p

* Kainos Group Plc : Deutsche Bank initiates coverage with hold rating and

PT 1050p

* Keywords Studios : Deutsche Bank initiates coverage with buy rating and PT

2470p

* Knorr Bremse AG : Citigroup raises target price to EUR 83 from EUR 79

* Lanxess AG : HSBC raises target price to EUR 29 from EUR 26

* Lloyds Banking Group : Deutsche Bank initiates coverage with buy rating

and PT 61p

* Metro AG : Barclays cuts target price to EUR 5.2 from EUR 6.3

* Millicom : Barclays raises target price to SEK 275 from SEK 235

* Mitchells & Butlers : Deutsche Bank initiates coverage with buy rating and

PT 320p

* Molten Ventures : Deutsche Bank initiates coverage with buy rating and PT

661p

* Montea NV : Berenberg raises target price to EUR 95 from EUR 85

* Munich Re : Berenberg raises target price to EUR 480 from EUR 465

* Munich Re : Citigroup raises target price to EUR 475 from EUR 448.20

* Munich Re : Morgan Stanley raises target price to EUR 501 from EUR 493

* Munich Re : RBC raises target price to EUR 487 from EUR 464

* Natwest Group Plc : Barclays raises target price to 400p from 330p

* Natwest Group Plc : Deutsche Bank initiates coverage with buy rating and PT

345p

* NCC Group Plc : Deutsche Bank initiates coverage with hold rating and PT

135p

* NKT A/S : Barclays cuts target price to DKK 484 from DKK 507

* Nordea Bank Abp : Citigroup raises target price to EUR 15.10 from EUR

13.70

* Ocado : Deutsche Bank initiates coverage with buy rating and target price

660p

* Oersted A/S : HSBC raises target price to DKK 455 from DKK 445

* On the Beach Group : Deutsche Bank initiates coverage with buy rating and

PT 250p

* OSB Group Plc : Deutsche Bank initiates coverage with buy rating and PT

510p

* Oxford Metrics Plc : Deutsche Bank initiates coverage with buy rating and

PT 140p

* Paragon Banking : Deutsche Bank initiates coverage with hold rating and

PT 640p

* Playtech : Deutsche Bank initiates coverage with buy rating and PT 825p

* Puma SE : Deutsche Bank raises target price to EUR 67 from EUR 63

* Puma SE : Jefferies raises target price to EUR 47 from EUR 40

* Puma SE : Morgan Stanley raises target price to EUR 48 from EUR 45

* Puma SE : TD Cowen raises target price to EUR 53 from EUR 45

* Rank Group Plc : Deutsche Bank initiates coverage with buy rating and PT

110p

* S4 Capital : HSBC raises target price to 91p from 82p

* Saint-Gobain : HSBC raises target price to EUR 100 from EUR 94

* Schroders : Morgan Stanley cuts target price to 415p from 442p

* SEB AB : Citigroup raises target price to SEK 155 from SEK 146

* Siemens Energy AG : Citigroup raises target price to EUR 25 from EUR

17.50

* Siemens Energy AG : HSBC raises target price to EUR 27 from EUR 17

* Siemens Energy AG : Morgan Stanley raises target price to EUR 27.5 from

EUR 23

* Sma Solar : TD Cowen cuts target price to EUR 50 from EUR 60

* Softcat Plc : Deutsche Bank initiates coverage with hold rating and PT

1700p

* SSP Group : Deutsche Bank initiates coverage with buy rating and PT 305p

* Stroeer : Barclays raises target price to EUR 64 from EUR 60

* Stroeer : HSBC raises target price to EUR 72 from EUR 65

* Swedbank : Citigroup raises target price to SEK 251 from SEK 249

* Team17 Group Plc : Deutsche Bank initiates coverage with buy rating and PT

325p

* Unicredit : Berenberg raises target price to EUR 44 from EUR 38

* Unicredit : Morgan Stanley raises target price to EUR 40 from EUR 37.7

* Unicredit SpA : Deutsche Bank raises target price to EUR 40.4 from EUR

35.4

* Vanquis Banking Group Plc : Deutsche Bank initiates coverage with buy

rating

* Vanquis Banking Group Plc : Deutsche Bank initiates coverage with PT 88p

* Verallia SA : Citigroup cuts target price to EUR 49.50 from EUR 50

* Vestas : Berenberg cuts target price to DKK 215 from DKK 225

* Vidrala : Citigroup raises target price to EUR 105 from EUR 96.50

* WAG Payment Solutions Plc : Deutsche Bank initiates coverage with buy

rating

* WAG Payment Solutions Plc : Deutsche Bank initiates coverage with PT 115p

* WH Smith : Deutsche Bank initiates coverage with hold rating and PT 1310p

* Whitbread : Barclays cuts target price to 3850p from 4250p

* Whitbread : Deutsche Bank initiates coverage with buy rating and PT 4150p

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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