EUROPE RESEARCH ROUNDUP-Berkeley, Fraport, SNAM

Reuters12-03
EUROPE RESEARCH ROUNDUP-Berkeley, Fraport, SNAM

Dec 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Berkeley, Fraport and SNAM, on Wednesday.

HIGHLIGHTS

* Aperam SA APAM.AS: JP Morgan raises target price to EUR 35 from EUR 30.8

* Berkeley Group BKGH.L: Jefferies raises to buy from hold

* Fraport FRAG.DE: JP Morgan raises to overweight from neutral

* SNAM SRG.MI: Citigroup raises target price to EUR 5.3 from EUR 4.4

* Vinci SGEF.PA: JP Morgan cuts to neutral from overweight

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

* ABN Amro ABNd.AS: Deutsche Bank raises target price to EUR 27 from EUR 24

* Acerinox ACX.MC: JP Morgan raises target price to EUR 12 from EUR 11

* Adecco Group ADEN.S: Morgan Stanley cuts target price to CHF 22.5 from CHF 25

* ADP ADP.PA: JP Morgan cuts to neutral from overweight

* ADP ADP.PA: JP Morgan raises target price to EUR 132 from EUR 128

* Airbus SE AIR.PA: Jefferies cuts target price to EUR 230 from EUR 235

* Anglo American AAL.L: JP Morgan raises target price to 3220p from 2760p

* Antofagasta ANTO.L: JP Morgan raises target price to 3500p from 3400p

* Aperam SA APAM.AS: JP Morgan raises target price to EUR 35 from EUR 30.8

* ArcelorMittal SA MT.AS: JP Morgan raises target price to EUR 45 from EUR 42

* ASM International NV ASMI.AS: Morgan Stanley cuts PT to EUR 600 from EUR 650

* ASML Holding NV ASML.AS: BofA Global Research raises PT to EUR 1158 from EUR 986

* AstraZeneca Plc AZN.L: Morgan Stanley raises target price to 15000p from 14000p

* Auction Technology Group Plc ATG.L: JP Morgan cuts target price to 685p from 695p

* Auto Trader AUTOA.L: JP Morgan raises target price to 635p from 630p

* Auto1 Group SE AG1G.DE: JP Morgan raises target price to EUR 42 from EUR 40

* Baltic Classifieds Group Plc BCG.L: JP Morgan raises target price to 208p from 194p

* Barratt Redrow Plc BTRW.L: Morgan Stanley cuts target price to 460p from 510p

* Bayer AG BAYGn.DE: BMO raises target price to EUR 34 from EUR 26

* Bayer AG BAYGn.DE: Morgan Stanley raises target price to EUR 40 from EUR 29

* Bayer AG BAYGn.DE: Morgan Stanley raises to overweight from equal weight

* Berkeley Group BKGH.L: Jefferies raises target price to 5037p from 4109p

* Berkeley Group BKGH.L: Jefferies raises to buy from hold

* Berkeley Group Holdings Plc BKGH.L: Morgan Stanley cuts PT to 3750p from 4180p

* Bilfinger GBFG.DE: Deutsche Bank raises target price to EUR 120 from EUR 115

* Bilfinger GBFG.DE: UBS raises target price to EUR 101 from EUR 98

* Boliden BOL.ST: JP Morgan raises target price to SEK 480 from SEK 400

* Bunzl BNZL.L: Bernstein cuts target price to 2800p from 2900p

* Buzzi BZU.MI: JP Morgan cuts to neutral from overweight

* Buzzi BZU.MI: JP Morgan raises target price to EUR 58 from EUR 54

* Caledonia Mining Corporation Plc CALq.L: Panmure Liberum cuts PT to 1800p from 2300p

* CIE Automotive CIEA.MC: UBS initiates coverage with buy rating; PT EUR 36

* Delivery Hero SE DHER.DE: JP Morgan raises target price to EUR 34 from EUR 31

* DR ING HC F Porsche AG P911_p.DE: Citigroup cuts target price to EUR 55 from EUR 56

* Drax Group Plc DRX.L: Citigroup raises target price to 850p from 689p

* Drax Group Plc DRX.L: Citigroup raises to buy from neutral

* Drax Group Plc DRX.L: Morgan Stanley raises target price to 900p from 710p

* Drax Group Plc DRX.L: Morgan Stanley raises to overweight from equal weight

* E.ON SE EONGn.DE: Morgan Stanley raises to overweight from equal weight

* EasyJet EZJ.L: RBC cuts target price to 590p from 620p

* EDPR EDPR.LS: Citigroup cuts target price to EUR 13.5 from EUR 13.8

* EDPR EDPR.LS: Citigroup raises to buy from neutral

* Eiffage FOUG.PA: JP Morgan raises target price to EUR 137 from EUR 135

* Elia Group SA ELI.BR: Citigroup raises target price to EUR 118 from EUR 110

* Elkem ASA ELK.OL: Kepler Cheuvreux initiates coverage with buy rating

* Elkem ASA ELK.OL: Kepler Cheuvreux initiates coverage with target price NOK 32.1

* Enagas ENAG.MC: Citigroup cuts to sell from neutral

* Enagas ENAG.MC: Citigroup raises target price to EUR 13.1 from EUR 12.8

* Endesa SA ELE.MC: Morgan Stanley raises target price to EUR 29 from EUR 27

* ENEL ENEI.MI: Morgan Stanley cuts to underweight from equal weight

* ENEL ENEI.MI: Morgan Stanley raises target price to EUR 8.6 from EUR 8.3

* Engie SA ENGIE.PA: Citigroup raises target price to EUR 24.5 from EUR 19

* Ferrovial FERF.AS: JP Morgan raises target price to EUR 65 from EUR 58

* Flughafen Zuerich AG FHZN.S: JP Morgan raises target price to CHF 275 from CHF 270

* Fraport FRAG.DE: JP Morgan raises target price to EUR 83 from EUR 77

* Fraport FRAG.DE: JP Morgan raises to overweight from neutral

* Geberit AG GEBN.S: Jefferies raises target price to CHF 732 from CHF 711

* Geberit AG GEBN.S: JP Morgan raises target price to CHF 630 from CHF 600

* Glencore GLEN.L: JP Morgan raises target price to 450p from 400p

* Hays Plc HAYS.L: Morgan Stanley cuts target price to 50p from 55p

* Heidelberg Materials HEIG.DE: Jefferies raises target price to EUR 300 from EUR 245.2

* Heidelberg Materials HEIG.DE: JP Morgan raises target price to EUR 260 from EUR 231

* Hellofresh SE HFGG.DE: JP Morgan cuts target price to EUR 6 from EUR 8

* Hemnet HEM.ST: JP Morgan raises target price to SEK 159 from SEK 156

* Hochschild HOCM.L: JP Morgan cuts target price to 600p from 610p

* Holcim AG HOLN.S: Jefferies cuts target price to CHF 82.9 from CHF 83.5

* Holcim AG HOLN.S: Jefferies cuts to hold rating

* Holcim AG HOLN.S: JP Morgan raises target price to CHF 84 from CHF 77

* Howden Joinery HWDN.L: JP Morgan raises target price to 900p from 884p

* Hydro NHY.OL: JP Morgan raises target price to NOK 86 from NOK 74

* Inditex ITX.MC: JP Morgan raises target price to EUR 55 from EUR 50

* Inditex ITX.MC: RBC raises target price to EUR 57 from EUR 52

* Informa INF.L: JP Morgan raises target price to 1345p from 1120p

* Informa Plc INF.L: UBS raises target price to 1075p from 1055p

* Italgas IG.MI: Morgan Stanley cuts to equal weight from overweight

* Merck KGaA MRCG.DE: Exane BNP Paribas raises target price to EUR 145 from EUR 116

* Merck KGaA MRCG.DE: Exane BNP Paribas raises to outperform from underperform

* Merck KGaA MRCG.DE: Morgan Stanley raises target price to EUR 135 from EUR 130

* Michelin MICP.PA: UBS cuts to neutral from buy; cuts target price to EUR 30 from EUR 33

* Nextenergy Solar Fund Ltd NESF.L: RBC cuts target price to 75p from 85p

* Novartis AG NOVN.S: Morgan Stanley maintains overweight rating

* On the Beach Group Plc OTB.L: Deutsche Bank raises target price to 345p from 320p

* Orsted ORSTED.CO: Citigroup raises target price to DKK 122 from DKK 105.6

* Orsted ORSTED.CO: Morgan Stanley raises target price to DKK 145 from DKK 135

* Outokumpu OUT1V.HE: JP Morgan raises target price to EUR 4.6 from EUR 4.2

* Pagegroup PAGE.L: Morgan Stanley cuts target price to 215p from 245p

* Pagegroup PAGE.L: Morgan Stanley cuts to underweight from equal weight

* Persimmon PSN.L: Jefferies raises target price to 1815p from 1790p

* Persimmon Plc PSN.L: Morgan Stanley raises target price to 1600p from 1400p

* Randstad NV RAND.AS: Morgan Stanley cuts target price to EUR 29.5 from EUR 33

* Renault RENA.PA: UBS cuts target price to EUR 28 from EUR 38

* Renault RENA.PA: UBS cuts to sell from neutral

* Rightmove RMV.L: JP Morgan raises target price to 527p from 500p

* Rio Tinto RIO.L: JP Morgan raises target price to 6950p from 6100p

* Rockwool ROCKb.CO: JP Morgan cuts target price to DKK 240 from DKK 300

* RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 55 from EUR 52

* Saint-Gobain SGOB.PA: Jefferies raises target price to EUR 144.5 from EUR 141.1

* Saipem SpA SPMI.MI: BofA Global Research reinstates coverage with PT EUR 3.4

* Saipem SpA SPMI.MI: BofA Global Research reinstates coverage with buy rating

* Salzgitter AG SZGG.DE: JP Morgan cuts to underweight from neutral

* Sandoz Group AG SDZ.S: Morgan Stanley raises target price to CHF 50 from CHF 45

* Schott pharma AG & Co KGaA 1SXP.DE: RBC initiates coverage with sector perform rating

* Schott pharma AG & Co KGaA 1SXP.DE: RBC initiates coverage with target price EUR 21.5

* Scout24 SE G24n.DE: JP Morgan raises target price to EUR 105 from EUR 103

* SDI Group Plc SDIS.L: Stifel initiates coverage with buy rating

* SDI Group Plc SDIS.L: Stifel initiates coverage with price target 131p

* Severn Trent SVT.L: Morgan Stanley raises target price to 3,350p from 3,300p

* Sivers Semiconductors AB SIVEH.ST: Northland Capital raises target price to SEK 8 from SEK 6

* SMG Swiss Marketplace Group Holding AG SMGC.S: JP Morgan raises PT to CHF 41 from CHF 39

* SNAM SRG.MI: Citigroup raises target price to EUR 5.3 from EUR 4.4

* Solaria Energia Y Medio Ambiente SLRS.MC:Morgan Stanley raises to equal weight from underweight

* Solaria Energia Y Medio Ambiente SA SLRS.MC: Morgan Stanley raises PT to EUR 15 from EUR 13

* Spire Healthcare Group Plc SPI.L: Peel Hunt cuts target price to 282p from 293p

* SSAB SSABa.ST: JP Morgan raises target price to SEK 78 from SEK 73

* SSE SSE.L: Morgan Stanley raises target price to 2500p from 2400p

* Stellantis NV STLAM.MI: UBS raises raises target price to EUR 12 from EUR 8.3

* Stellantis NV STLAM.MI: UBS raises to buy from neutral

* Stroeer SAXG.DE: JP Morgan raises target price to EUR 48 from EUR 45

* Swedbank SWEDa.ST: UBS raises target price to SEK 320 from SEK 295

* Taylor Wimpey Plc TW.L: Morgan Stanley cuts target price to 105p from 110p

* TBC Bank Group Plc TBCG.L: Peel Hunt cuts target price to 5365p from 6000p

* THG Plc THG.L: JP Morgan raises target price to 55p from 43p

* Trainline TRNT.L: JP Morgan cuts target price to 230p from 300p

* Trainline TRNT.L: JP Morgan cuts to underweight from neutral

* Trainline Plc TRNT.L: Morgan Stanley cuts target price to 365p from 380p

* Travis Perkins TPK.L: Jefferies cuts target price to 535p from 594p

* Travis Perkins TPK.L: Jefferies cuts to underperform from hold

* Travis Perkins TPK.L: JP Morgan raises target price to 720p from 670p

* UCB S.A. UCB.BR: Morgan Stanley raises target price to EUR 260 from EUR 240

* Vend Marketplaces ASA VEND.OL: JP Morgan raises target price to NOK 268 from NOK 257

* Veolia VIE.PA: Morgan Stanley raises target price to EUR 33 from EUR 32

* Veolia VIE.PA: Morgan Stanley raises to overweight from equal weight

* Victrex Plc VCTX.L: Deutsche Bank cuts target price to 780p from 850p

* Vinci SGEF.PA: JP Morgan cuts target price to EUR 133 from EUR 142

* Vinci SGEF.PA: JP Morgan cuts to neutral from overweight

* Whitbread WTB.L: Deutsche Bank cuts target price to 2815p from 3375p

* Whitbread WTB.L: Deutsche Bank cuts to hold from buy

* YouGov Plc YOU.L: JP Morgan raises target price to 385p from 375p

* Ypsomed YPSN.S: Deutsche Bank initiates coverage with hold rating and PT CHF 345

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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