EUROPE RESEARCH ROUNDUP-Aker BP, Bachem Holding, Kistos Holdings

Reuters09-25
EUROPE RESEARCH ROUNDUP-Aker BP, Bachem Holding, Kistos Holdings

Sept 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aker BP, Bachem Holding and Kistos Holdings on Thursday.

HIGHLIGHTS

* Aker BP AKRBP.OL: Berenberg raises target price to NOK 225 from NOK 220

* Bachem Holding AG BANB.S: Jefferies initiates coverage with underperform rating

* Infotel ETOF.PA: Portzamparc raises target price to EUR 50 from EUR 48.7; rating "buy

* Kistos Holdings Plc KIST.L: Berenberg raises target price to 235p from 230p

* Mears Group Plc MERG.L: Stifel initiates coverage with buy rating: target price 425p

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

* Aker BP AKRBP.OL: Berenberg raises target price to NOK 225 from NOK 220

* Antofagasta ANTO.L: Bernstein cuts to market-perform from outperform

* ASM International NV ASMI.AS: HSBC raises target price to EUR 607 from EUR 533

* Assa Abloy ASSAb.ST: Citigroup raises target price to SEK 350 from SEK 320

* Bachem Holding AG BANB.S: Jefferies initiates coverage with target price CHF 49.3

* Bachem Holding AG BANB.S: Jefferies initiates coverage with underperform rating

* Baltic Classifieds Group BCG.L: Deutsche Bank cuts target price to 366p from 373p

* Baltic Classifieds Group BCG.L: Deutsche Bank raises to buy from hold

* Baltic Classifieds Group Plc BCG.L: Berenberg cuts target price to 360p from 395p

* Beazley BEZG.L: Morgan Stanley cuts target price to 960p from 1000p

* Beiersdorf AG BEIG.DE: Barclays cuts target price to EUR 113 from EUR 115 -

* Beneteau CHBE.PA: Portzamparc cuts PT to EUR 9.5 from EUR 11; rating "accumulate"

* BP BP.L: Berenberg cuts target price to 490p from 500p

* Clariant AG CLN.S: Jefferies cuts target price to CHF 8.3 from CHF 9.5

* Computacenter Plc CCC.L: JP Morgan raises target price to 3000p from 2900p

* Davide Campari CPRI.MI: UBS cuts target price to EUR 6.3 from EUR 6.8

* DSM-FirmenichDSFIR.AS:KBC Securities cuts PT to EUR 98 from EUR 125;rating "accumulate"

* Electrolux ELUXb.ST: JP Morgan cuts target price to SEK 67 from SEK 71

* Energean Plc ENOG.L: Berenberg cuts target price to 855p from 1000p

* Eni ENI.MI: Berenberg raises target price to EUR 14 from EUR 13.50

* Entain ENT.L: Davy Research raises target price to 1080p from 1060p

* Equinor EQNR.OL: Berenberg cuts target price to NOK 245 from NOK 270

* Halma HLMA.L: JP Morgan raises target price to 3,200p from 2,950p

* Halma HLMA.L: Panmure Liberum raises target price to 3,610p from 3,340p

* Hansa Biopharma AB HNSA.ST: Van Lanschot Kempen raises PT to SEK 110 from SEK 100

* Harbour Energy Plc HBR.L: Berenberg cuts target price to 195p from 220p

* Infotel ETOF.PA: Portzamparc raises target price to EUR 50 from EUR 48.7; rating "buy"

* Kerry Group KYGa.I: UBS cuts target price to EUR 84 from EUR 90

* Kerry Group Plc KYGa.I: Barclays cuts target price to EUR 104 from EUR 107

* Kistos Holdings Plc KIST.L: Berenberg raises target price to 235p from 230p

* Knorr KBX.DE: UBS cuts target price to EUR 99 from EUR 104

* Kuehne+Nagel KNIN.S: JP Morgan cuts target price to CHF 140 from CHF 155

* Mears Group Plc MERG.L: Stifel initiates coverage with buy rating: target price 425p

* Nordex SE NDXG.DE: BofA Global Research raises PT to EUR 26 from EUR 23.2

* OMV AG OMVV.VI: Berenberg cuts target price to EUR 53 from EUR 56

* OMV AG OMVV.VI: RBC initiates coverage with price target EUR 50

* OMV AG OMVV.VI: RBC initiates coverage with sector perform rating

* Prosus NV PRX.AS: Citigroup raises target price to EUR 75 from EUR 57

* Publicis PUBP.PA: BofA Global Research cuts price objective to EUR 117 from EUR 119

* Remedy Entertainment REMEDY.HE: Inderes raises to buy from accumulate; PT EUR 18.0

* Repsol REP.MC: Berenberg raises target price to EUR 17.50 from EUR 16.50

* Saga SAGA.L: Deutsche Bank raises target price to 285p from 185p

* SaintGobain SGOB.PA: Jefferies cuts target price to EUR 141.1 from EUR 142.6

* Saipem SPMI.MI: UBS initiates coverage with buy rating and target price EUR 3

* Siemens Energy AG ENR1n.DE: BofA Global Research raises PT to EUR 150 from EUR 110

* SKF SKFb.ST: BofA Global raises price objective to SEK 280 from SEK 240

* SKF SKFb.ST: BofA Global Research raises to buy from neutral

* SSP Group SSPG.L: Deutsche Bank cuts target price to 262p from 285p

* STV Group Plc STVG.L: Panmure Liberum cuts target price to 166p from 245p

* Tecnicas Reunidas TRE.MC: Alphavalue raises PT to EUR 30.3 from EUR 24.2

* Tecnicas Reunidas TRE.MC: Alphavalue raises to add from reduce

* Tele2 AB TEL2b.ST: Morgan Stanley raises target price to SEK 150 from SEK 140

* Totalenergies SE TTEF.PA: Berenberg cuts target price to EUR 57 from EUR 60

* Totalenergies SE TTEF.PA: Berenberg cuts to hold from buy

* Trifork Group AG TRIFOR.CO: Berenberg cuts target price to DKK 100 from DKK 130

* Trifork Group AG TRIFOR.CO: Berenberg cuts to hold from buy

* Trigano TRIA.PA: Portzamparc raises PT to EUR 185 from EUR 178; rating "buy"

* Vestas VWS.CO: BofA Global Research raises price objective to DKK 100 from DKK 88

* Volvo AB VOLVb.ST: Deutsche Bank raises target price to SEK 305 from SEK 300

* Wacker Chemie AG WCHG.DE: Jefferies cuts target price to EUR 61 from EUR 63

* Wiit SpA WIIT.MI: Equita raises target price to EUR 24 from EUR 22

* WPP WPP.L: BofA Global Research cuts price objective to 360p from 400p

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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