EUROPE RESEARCH ROUNDUP-Alfa Laval, Mitie Group, Temenos

Reuters12-04
EUROPE RESEARCH ROUNDUP-Alfa Laval, Mitie Group, Temenos

Dec 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Alfa Laval, Mitie Group and Temenos on Thursday.

HIGHLIGHTS

* Alfa Laval ALFA.ST: JP Morgan reinstates coverage with neutral rating

* Dassault Systemes DAST.PA: JP Morgan cuts target price to EUR 26 from EUR 30

* Mitie Group Plc MTO.L: RBC initiates coverage with outperform rating

* Siemens Energy AG ENR1n.DE: JP Morgan raises to overweight from neutral

* Temenos AG TEMN.S: JP Morgan raises target price to CHF 90 from CHF 85

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

* Aberdeen Group Plc ABDN.L: Kepler Cheuvreux initiates coverage with hold rating

* Aberdeen Group Plc ABDN.L: Kepler Cheuvreux initiates coverage with price target 224p

* Ackermans & Van Haaren NV ACKB.BR: Kepler Cheuvreux raises PT to EUR 315 from EUR 219

* Aegon AEGN.AS: UBS cuts to neutral from buy

* Aegon AEGN.AS: UBS raises target price to EUR 7.3 from EUR 7.2

* Airbus AIR.PA: Deutsche Bank cuts target price to EUR 222 from EUR 228

* Airbus AIR.PA: UBS cuts target price to EUR 230 from EUR 240

* Alfa Laval ALFA.ST: JP Morgan reinstates coverage with neutral rating

* Alfa Laval ALFA.ST: JP Morgan reinstates coverage with price target SEK 509

* Allfunds ALLFG.AS: Deutsche Bank raises target price to EUR 9 from EUR 8.5

* Amadeus AMA.MC: JP Morgan cuts target price to EUR 71 from EUR 75

* Aramis Group Sas ARAMI.PA: Exane BNP Paribas cuts target price to EUR 5 from EUR 10

* Aramis Group Sas ARAMI.PA: Exane BNP Paribas cuts to neutral from outperform

* Atlas Copco AB ATCOa.ST: Barclays raises target price to SEK 178 from SEK 145

* Autostore AUTO.OL: Barclays raises target price to NOK 10.4 from NOK 10.2

* B&M BMEB.L: Berenberg cuts target price to 300p from 450p

* Bankinter BKT.MC: Goldman Sachs cuts target price to EUR 13.1 from EUR 13.53

* Bankinter BKT.MC: Goldman Sachs cuts to sell from neutral

* BBVA BBVA.MC: Deutsche Bank raises target price to EUR 19.75 from EUR 15.9

* Bellway Plc BWY.L: JP Morgan raises target price to 3820p from 3280p

* BMW BMWG.DE: BofA Global Research raises price objective to EUR 85 from EUR 79

* Bodycote BOY.L: Barclays raises target price to 765p from 635p

* BT BT.L: BofA Global Research raises price objective to 212p from 202p

* Burberry Group BRBY.L: HSBC raises target price to 1525p from 1515p

* Caixabank CABK.MC: Deutsche Bank raises target price to EUR 9.15 from EUR 7.75

* Capgemini CAPP.PA: JP Morgan reinstates coverage with neutral rating

* Capgemini CAPP.PA: JP Morgan reinstates coverage with price target EUR 155

* Carlsberg A/S CARLb.CO: UBS raises target price to DKK 1060 from DKK 810

* Carlsberg A/S CARLb.CO: UBS raises to buy from neutral

* Casino SA CASP.PA: Alphavalue cuts target price to EUR 0.33 from EUR 0.64

* Cellnex CLNX.MC: BofA Global Research raises price objective to EUR 42.3 from EUR 40.1

* Commerzbank AG CBKG.DE: Goldman Sachs raises to neutral from sell

* Computacenter Plc CCC.L: JP Morgan raises target price to 3300p from 3000p

* Credit Agricole CAGR.PA: Goldman Sachs raises target price to EUR 18.1 from EUR 17.9

* Crest Nicholson Holdings Plc CRST.L: JP Morgan cuts target price to 160p from 190p

* Danske Andelskassers Bank A/S DABA.CO: Goldman Sachs raises PTto NOK 325 from NOK 275

* Danske Bank DANSKE.CO: Goldman Sachs raises target price to DKK 325 from DKK 275

* Dassault Systemes DAST.PA: JP Morgan cuts target price to EUR 26 from EUR 30

* Davide Campari CPRI.MI: UBS raises target price to EUR 6.2 from EUR 6

* Dhl Group DHLn.DE: Deutsche Bank raises target price to EUR 48 from EUR 42

* Diageo DGE.L: UBS cuts target price to 1850p from 2250p

* Diageo DGE.L: UBS cuts to neutral from buy

* DNB DNB.OL: Goldman Sachs cuts target price to NOK 290 from NOK 295

* DNB DNB.OL: Goldman Sachs cuts to neutral from buy

* DR ING HC F Porsche AG P911_p.DE: BofA Global Research raises PT to EUR 45 from EUR 38

* DWS Group Gmbh & Co KGaA DWSG.DE: Exane BNP Paribas raises to neutral from underperform

* Elementis Plc ELM.L: Jefferies raises target price to 210p from 200p

* Elisa ELISA.HE: BofA Global Research cuts price objective to EUR 44.9 from EUR 50.8

* Ferrari RACE.MI: BofA Global Research cuts price objective to EUR 415 from EUR 450

* Future Plc FUTR.L: JP Morgan cuts target price to 1235p from 1280p

* Gecina SA GFCP.PA: Goldman Sachs raises target price to EUR 95.4 from EUR 86.4

* Gecina SA GFCP.PA: Goldman Sachs raises to buy from neutral

* Gecina SA GFCP.PA: Goldman Sachs raises to buy from neutral

* Gecina SA GFCP.PA: ING initiates coverage with buy rating

* Gecina SA GFCP.PA: ING initiates coverage with price target EUR 97

* Grand City Properties SA GYC.DE: Goldman Sachs cuts target price to EUR 11.5 from EUR 12

* Grand City Properties SA GYC.DE: Goldman Sachs cuts to neutral from buy

* Great Portland Estates Plc GPEG.L: Goldman Sachs cuts target price to 340p from 400p

* Great Portland Estates Plc GPEG.L: Goldman Sachs cuts to neutral from buy

* Great Portland Estates Plc GPEG.L: Goldman Sachs cuts to neutral from buy

* Hermes HRMS.PA: HSBC cuts target price to EUR 2250 from EUR 2350

* Hugo Boss BOSSn.DE: Deutsche Bank cuts target price to EUR 37 from EUR 42

* Inditex ITX.MC: Bernstein raises target price to EUR 60 from EUR 55

* Inditex ITX.MC: Deutsche Bank raises target price to EUR 53 from EUR 48

* Inditex ITX.MC: Kepler Cheuvreux raises target price to EUR 57.25 from EUR 53.5

* Intesa Sanpaolo SpA ISP.MI: Goldman Sachs raises target price to EUR 6 from EUR 5.9

* Jungheinrich JUNG_p.DE: Barclays raises target price to EUR 44 from EUR 42

* KBC Groep NV KBC.BR: Goldman Sachs raises target price to EUR 126 from EUR 123

* Kering PRTP.PA: HSBC cuts target price to EUR 340 from EUR 370

* Kion KGX.DE: Barclays raises target price to EUR 72 from EUR 66

* Lloyds LLOY.L: Goldman Sachs raises target price to 110p from 105p

* LVMH LVMH.PA: HSBC raises target price to EUR 775 from EUR 725

* Man Group Plc EMG.L: Kepler Cheuvreux initiates coverage with buy rating; price target 233p

* Mercedes-Benz Group AG MBGn.DE: BofA Global Research raises PT to EUR 63 from EUR 50

* Mercedes-Benz Group AG MBGn.DE: BofA Global Research raises to neutral from underperform

* Mitie Group Plc MTO.L: RBC initiates coverage with outperform rating

* Mitie Group Plc MTO.L: RBC initiates coverage with target price 195p

* Moncler MONC.MI: HSBC raises target price to EUR 60 from EUR 52

* Natwest Group Plc NWG.L: Goldman Sachs cuts to neutral from buy

* Natwest Group Plc NWG.L: Goldman Sachs raises target price to 685p from 665p

* Nemetschek SE NEKG.DE: JP Morgan cuts target price to EUR 90 from EUR 100

* NKT A/S NKT.CO: Barclays raises target price to DKK 1097 from DKK 851

* NKT A/S NKT.CO: Barclays raises target price to DKK 1097 from DKK 851

* Noba Bank Group AB (Publ) NOBA.ST: Goldman Sachs raises PT to SEK 133 from SEK 123

* Novo Nordisk NOVOb.CO: UBS cuts target price to DKK 295 from DKK 315

* Paragon Banking PAGPA.L: RBC raises target price to 1050p from 975p

* Pernod Ricard PERP.PA: Deutsche Bank resumes coverage with hold rating

* Pernod Ricard PERP.PA: Deutsche Bank resumes coverage with target price EUR 80

* Pernod Ricard PERP.PA: UBS cuts target price to EUR 75 from EUR 87

* Persimmon PSN.L: JP Morgan raises target price to 1800p from 1520p

* Petkim PETKM.IS: HSBC cuts target price to TRY 11 from TRY 12

* Rathbones Group RAT.L: Kepler Cheuvreux initiates coverage price target 2122p

* Rathbones Group RAT.L: Kepler Cheuvreux initiates coverage with buy rating

* Remy Cointreau RCOP.PA: UBS cuts target price to EUR 33 from EUR 53

* Remy Cointreau RCOP.PA: UBS cuts to sell from neutral

* Richemont CFR.S: HSBC raises target price to CHF 220 from CHF 205

* SAGE Group SGE.L: JP Morgan cuts target price to 1300p from 1500p

* Santander SAN.MC: Goldman Sachs raises target price to EUR 11.1 from EUR 10.8

* SAP SE SAPG.DE: JP Morgan cuts target price to EUR 290 from EUR 310

* Schneider Electric SCHN.PA: JP Morgan raises target price to EUR 285 from EUR 220

* Schneider Electric SCHN.PA: JP Morgan raises to overweight from neutral

* Schroders SDR.L: Kepler Cheuvreux initiates coverage with hold rating

* Schroders SDR.L: Kepler Cheuvreux initiates coverage with price target 427p

* SEB AB SEBa.ST: Goldman Sachs raises target price to SEK 190 from SEK 185

* Siemens Energy AG ENR1n.DE: JP Morgan raises target price to EUR 160 from EUR 100

* Siemens Energy AG ENR1n.DE: JP Morgan raises to overweight from neutral

* Siemens Healthineers SHLG.DE: Deutsche Bank cuts target price to EUR 46 from EUR 57

* Siemens Healthineers SHLG.DE: Deutsche Bank cuts to hold from buy

* SKF SKFb.ST: JP Morgan reinstates coverage with price target SEK 250

* SKF SKFb.ST: JP Morgan reinstates coverage with neutral rating

* SKF AB SKFb.ST: Barclays raises target price to SEK 260 from SEK 230

* Smiths Group SMIN.L: Kepler Cheuvreux raises target price to 2850p from 2780p

* Societe Generale SA SOGN.PA: Goldman Sachs raises to buy from neutral

* Softcat Plc SCTS.L: JP Morgan raises target price to 1950p from 1750p

* Softcat Plc SCTS.L: JP Morgan raises to overweight from neutral

* Stellantis NV STLAM.MI: BofA Global Research raises price objective to EUR 10.3 from EUR 9.5

* Swatch UHR.S: HSBC raises target price to CHF 120 from CHF 110

* Swedbank SWEDa.ST: Goldman Sachs cuts to sell from neutral

* Swedbank SWEDa.ST: Goldman Sachs raises target price to SEK 282 from SEK 273

* Swisscom AG SCMN.S: BofA Global Research cuts price objective to CHF 460 from CHF 462

* Synthomer SYNTS.L: Jefferies raises target price to 65p from 62p

* Taylor Wimpey TW.L: JP Morgan cuts target price to 120p from 140p

* Tele2 AB TEL2b.ST: BofA Global Research raises price objective to SEK 152 from SEK 146

* Telefonica TEF.MC: BofA Global Research cuts price objective to EUR 3.4 from EUR 3.8

* Telefonica TEF.MC: BofA Global Research cuts to underperform from neutral

* Telenor TEL.OL: BofA Global Research cuts price objective to NOK 166 from NOK 180

* Telia TELIA.ST: BofA Global Research raises price objective to SEK 46 from SEK 42.3

* Temenos AG TEMN.S: JP Morgan raises target price to CHF 90 from CHF 85

* Unite Group UTG.L: Morgan Stanley cuts target price to 700p from 960p

* Victorian Plumbing VIC.L: Deutsche Bank raises target price to 80p from 70p

* Victrex Plc VCTX.L: Jefferies raises target price to 700p from 650p

* Vistry Group Plc VTYV.L: JP Morgan raises target price to 640p from 570p

* Vodafone VOD.L: BofA Global Research raises price objective to 98p from 92p

* Zealand pharma ZELA.CO: Berenberg cuts target price to DKK 825 from DKK 850

* Zigup Plc ZIG.L: Deutsche Bank raises target price to 525p from 500p

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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