EUROPE RESEARCH ROUNDUP-ACS, Hochtief, Princes Group

Reuters12-10
EUROPE RESEARCH ROUNDUP-ACS, Hochtief, Princes Group

Dec 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ACS, Hochtief and Princes Group on Wednesday.

HIGHLIGHTS

* ACS ACS.MC: Exane BNP Paribas raises to outperform from neutral

* Bayer BAYGN.DE: HSBC raises target price to EUR 40 from EUR 34

* Hochtief AG HOTG.DE: Exane BNP Paribas raises to outperform from neutral

* Princes Group Plc PRN.L: Peel Hunt initiates coverage with price target 560p

* UMG UMG.AS: JP Morgan raises target price to EUR 42 from EUR 39

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

* ACS ACS.MC: Exane BNP Paribas raises to outperform from neutral

* Adidas AG ADSGn.DE: Deutsche Bank cuts target price to EUR 230 from EUR 280

* Airbus SE AIR.PA: JP Morgan raises target price to EUR 255 from EUR 240

* Antofagasta ANTO.L: RBC raises target price to 2,600p from 1,900p

* Applied Nutrition APNA.L: Deutsche Bank raises target price to 235p from 210p

* ASML ASML.AS: Deutsche Bank raises target price to EUR 1,150 from EUR 1,000

* ASML Holding NV ASML.AS: Citigroup raises target price to EUR 1,200 from EUR 1,050

* AstraZeneca AZN.L: HSBC raises target price to 16500p from 14640p

* Atalaya Mining Copper SA ATYM.L: RBC raises target price to 1,000p from 800p

* Aumovio AMV0n.DE: Barclays initiates coverage with target price EUR 60

* Aumovio AMV0n.DE: Barclays initiates coverage with overweight rating

* B&M BMEB.L: Deutsche Bank cuts target price to 180p from 235p

* B&M BMEB.L: Deutsche Bank cuts to hold from buy

* Babcock International BAB.L: JP Morgan raises target price to 1600p from 1500p

* Bayer BAYGN.DE: HSBC raises target price to EUR 40 from EUR 34

* Belimo Holding AG BEAN.S: Morgan Stanley raises target price to CHF 873 from CHF 845

* Belimo Holding AG BEAN.S: Morgan Stanley raises to equal-weight from underweight

* Berkeley Group BKGH.L: RBC raises target price to 3,900p from 3,700p

* BFF Bank BFF.MI: Deutsche Bank cuts to hold from buy

* Boliden BOL.ST: RBC raises target price to SEK 550 from SEK 500

* Breedon Group Plc BREE.L: Morgan Stanley cuts target price to 448p from 474p

* Brenntag SE BNRGn.DE: Berenberg cuts target price to EUR 48 from EUR 51

* British American Tobacco Plc BATS.L: Morgan Stanley raises PT to 3,050p from 3,000p

* Buzzi BZU.MI: Morgan Stanley cuts to equal weight from overweight

* Buzzi BZU.MI: Morgan Stanley raises target price to EUR 55 from EUR 53

* Central Asia Metals Plc CAML.L: RBC raises target price to 220p from 180p

* Continental CONG.DE: Barclays cuts to equal-weight from overweight

* Continental CONG.DE: Barclays raises target price to EUR 70 from EUR 66

* Danske Bank DANSKE.CO: Barclays raises target price to DKK 343 from DKK 297

* DNB DNB.OL: Barclays raises target price to NOK 289 from NOK 280

* DSV DSV.CO: BofA Global Research raises price objective to DKK 2,100 from DKK 1,975

* Ecora Resources Plc ECORE.L: RBC raises target price to 150p from 140p

* Endeavour Mining Plc EDV.L: RBC raises target price to 4,700p from 3,500p

* Entain ENT.L: Kepler Cheuvreux initiates coverage with hold rating

* Entain ENT.L: Kepler Cheuvreux initiates coverage with target price 800p

* Exosens Sas EXENS.PA: JP Morgan raises target price to EUR 60 from EUR 54

* Ferrari RACE.MI: Jefferies cuts target price to EUR 310 from EUR 345

* Ferrari RACE.MI: Morgan Stanley initiates coverage with equal weight rating

* Ferrari RACE.MI: Morgan Stanley initiates coverage with target price EUR 367

* Firstgroup Plc FGP.L: RBC raises target price to 245p from 235p

* Forvia FRVIA.PA: Barclays raises target price to EUR 18 from EUR 15

* Fraport FRAG.DE: Exane BNP Paribas cuts to neutral from outperform

* Gerresheimer AG GXIG.DE: Exane BNP Paribas cuts to underperform from neutral

* Glencore GLEN.L: RBC raises target price to 430p from 320p

* Groupe ADP ADP.PA: Morgan Stanley raises target price to EUR 140 from EUR 139

* GSK GSK.L: HSBC raises target price to 1500p from 1200p

* Heidelberg Materials HEIG.DE: Morgan Stanley cuts to underweight from equal-weight

* Heidelberg Materials HEIG.DE: Morgan Stanley raises target price to EUR 216 from EUR 211

* Hensoldt AG HAGG.DE: JP Morgan cuts target price to EUR 90 from EUR 100

* Hochschild HOCM.L: RBC raises target price to 590p from 390p

* Hochtief AG HOTG.DE: Exane BNP Paribas raises to outperform from neutral

* Holcim AG HOLN.S: Morgan Stanley cuts to equal-weight from overweight

* Holcim AG HOLN.S: Morgan Stanley raises target price to CHF 80 from CHF 78

* HSBC HSBA.L: BofA Global Research raises price objective to 1,300p from 1,160p

* HSBC HSBA.L: BofA Global Research raises to buy from neutral

* Hydro NHY.OL: RBC raises target price to NOK 82 from NOK 77

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

* ITV ITV.L: JP Morgan cuts target price to 103p from 105p

* Kingfisher KGF.L: Deutsche Bank cuts target price to 255p from 285p

* Kingfisher KGF.L: Deutsche Bank cuts to sell from hold

* Kingfisher Plc KGF.L: UBS raises target price to 305p from 290p

* Kingspan Group Plc KSP.I: Morgan Stanley raises target price to EUR 84 from EUR 83

* Kion Group AG KGX.DE: Alphavalue raises target price to EUR 73 from EUR 62

* Kistos Holdings Plc KIST.L: Panmure Liberum raises target price to 431p from 307p

* Leonardo SpA LDOF.MI: JP Morgan raises target price to EUR 63 from EUR 58

* Lottomatica Group SpA LTMC.MI: BofA Global Research initiates coverage with buy rating

* Lottomatica Group SpA LTMC.MI: BofA Global Research initiates coverage with PT EUR 29

* M6 MMTP.PA: JP Morgan cuts target price to EUR 13 from EUR 15.1

* M6 MMTP.PA: JP Morgan cuts to underweight from neutral

* Magnum ICE Cream Company MICCT.AS: Barclays initiates coverage with equal-weight rating

* Magnum ICE Cream Company MICCT.AS: Barclays initiates coverage with PT EUR 13.70

* Magnum ICE Cream Company MICCT.AS: Morgan Stanley initiates coverage with overweight rating

* Magnum ICE Cream Company MICCT.AS: Morgan Stanley initiates coverage with overweight rating

* Magnum ICE Cream Company MICCT.AS: Morgan Stanley initiates coverage with PT 1,440p

* Magnum ICE Cream Company MICCT.AS: Morgan Stanley initiates coverage with PT EUR 16.5

* Medincell SA: TP ICAP Midcap raises target price to EUR 35 from EUR 30

* Medincell SA: TP ICAP Midcap raises to 'buy' from 'hold'

* Michelin MICP.PA: Alphavalue cuts to add from buy

* Money Group.PLC MONY.L: Berenberg cuts target price to 275p from 300p

* Netcall Plc NETC.L: Berenberg raises target price to 165p from 155p

* Nordea NDAFI.HE: Barclays raises PT to EUR 13.50 from EUR 11.80

* Novartis NOVN.S: HSBC raises target price to CHF 89 from CHF 84

* Novo Nordisk NOVOB.CO: HSBC raises target price to DKK 350 from DKK 300

* OCI NV OCI.AS: HSBC cuts target price to EUR 3.5 from EUR 5.5

* Pearson PSON.L: JP Morgan raises target price to 1440p from 1330p

* Princes Group Plc PRN.L: Kepler Cheuvreux initiates coverage with buy rating

* Princes Group Plc PRN.L: Kepler Cheuvreux initiates coverage with PT 600p

* Princes Group Plc PRN.L: Peel Hunt initiates coverage with buy rating

* Princes Group Plc PRN.L: Peel Hunt initiates coverage with price target 560p

* Relx REL.L: JP Morgan raises target price to 5070p from 4920p

* Restore Plc RSTP.L: Berenberg raises target price to 380p from 360p

* Rio Tinto RIO.L: RBC raises target price to 5,900p from 4,900p

* Roche Holding AG ROG.S: HSBC raises target price to CHF 365 from CHF 320

* Rockwool ROCKb.CO: Morgan Stanley cuts target price to DKK 272 from DKK 299

* Rolls Royce RR.L: JP Morgan raises target price to 1320p from 1245p

* RTL Group SA RRTL.DE: JP Morgan cuts target price to EUR 34 from EUR 38

* RTL Group SA RRTL.DE: JP Morgan cuts to underweight from neutral

* Safran SAF.PA: JP Morgan raises target price to EUR 375 from EUR 350

* Sage Group SGE.L: Barclays cuts PT to 1,000p from 1,050p

* Sainsbury'S SBRY.L: Deutsche Bank raises PTto 350p from 310p

* Sainsbury'S SBRY.L: Deutsche Bank raises to buy from hold

* Saint-Gobain SGOB.PA: Morgan Stanley cuts PT to EUR 105 from EUR 106

* Sanofi SASY.PA: HSBC cuts target price to EUR 100 from EUR 102

* Sartorius AG SATG_p.DE: Exane BNP Paribas raises to outperform from neutral

* Shawbrook SHAW.L: Deutsche Bank initiates coverage with buy rating

* Shawbrook SHAW.L: Deutsche Bank initiates coverage with target price 610p

* Shawbrook Group SHAW.L: Barclays initiates coverage with overweight rating

* Shawbrook Group SHAW.L: Barclays initiates coverage with PT 520p

* Shawbrook Group Plc SHAW.L: Goldman Sachs initiates coverage with neutral rating

* Shawbrook Group Plc SHAW.L: UBS initiates coverage with buy rating

* Shawbrook Group Plc SHAW.L: UBS initiates coverage with target price 520p

* Siemens Healthineers AG SHLG.DE: Exane BNP Paribas cuts to neutral from outperform

* Sika AG SIKA.S: Morgan Stanley cuts target price to CHF 183 from CHF 193

* Skandinaviska Enskilda Banken SEBa.ST: Barclays raises PT to SEK 206 from SEK 193

* Straumann Holding AG STMN.S: Exane BNP Paribas raises to outperform from underperform

* Svenska Handelsbanken SHBa.ST: Barclays raises PT to SEK 135 from SEK 128

* Swedbank SWEDa.ST: Barclays raises PT to SEK 265 from SEK 242

* Tesco TSCO.L: Deutsche Bank raises PT to 500p from 495p

* UMG UMG.AS: JP Morgan raises target price to EUR 42 from EUR 39

* Unilever Plc ULVR.L: UBS cuts target price to 4,440p from 4,635p

* VAT Group AG VACN.S: Citigroup raises target price to CHF 460 from CHF 400

* Victrex Plc VCTX.L: Peel Hunt cuts target price to 775p from 880p

* Vinci SGEF.PA: Exane BNP Paribas cuts to neutral from outperform

* Vivendi VIV.PA: Morgan Stanley cuts target price to EUR 2.70 from EUR 3.20

* Wickes Group Plc WIX.L: Deutsche Bank raises target price to 235p from 195p

* Wickes Group Plc WIX.L: Deutsche Bank raises to hold from sell

* Wolters Kluwer NV WLSNc.AS: JP Morgan raises target price to EUR 107 from EUR 105

* WPP WPP.L: JP Morgan cuts target price to 350p from 360p

* Zehnder Group AG ZEHN.S: UBS initiates coverage with buy rating

* Zehnder Group AG ZEHN.S: UBS initiates coverage with PT CHF 91

(Compiled by Bengaluru Newsroom)

((:Diaries@thomsonreuters.com))

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