EUROPE RESEARCH ROUNDUP-Centrica, IHG, Volvo Car

Reuters12-12 15:10
EUROPE RESEARCH ROUNDUP-Centrica, IHG, Volvo Car

Dec 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Centrica, IHG and Volvo Car on Friday.

HIGHLIGHTS

* Centrica CNA.L: JP Morgan raises to overweight from neutral

* E.ON SE EONGn.DE: JP Morgan raises target price to EUR 17.5 from EUR 16

* IHG IHG.L: Jefferies raises to buy from hold

* Orsted ORSTED.CO: JP Morgan reinstates coverage with neutral rating

* Volvo Car AB VOLCARB.ST: HSBC raises target price to SEK 31 from SEK 28

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

* Accor ACCP.PA: Deutsche Bank raises target price to EUR 53 from EUR 48

* Accor ACCP.PA: Deutsche Bank raises to buy from hold

* Accor ACCP.PA: Jefferies raises target price to EUR 58 from EUR 53

* Anglo American AAL.L: Alphavalue cuts target price to 3,232p from 3,259p

* BP BP.L: Barclays raises target price to 590p from 525p

* Brederode BREL.LU: KBC Securities raises target price EUR 125

* Brederode BREL.LU: KBC Securities raises to 'accumulate' from 'hold'

* Brenntag BNRGn.DE: Deutsche Bank cuts target price to EUR 46 from EUR 49

* Bystronic BYS.S: UBS cuts target price to CHF 255 from CHF 280

* Card Factory CARDC.L: Peel Hunt cuts target price to 75p from 110p

* Carl Zeiss Meditec AG AFXG.DE: Barclays cuts PT to EUR 49 from EUR 52

* Centrica CNA.L: JP Morgan raises target price to 203p from 179p

* Centrica CNA.L: JP Morgan raises to overweight from neutral

* Cinclus pharma Holding Publ AB CINPHA.ST: Stifel raises PT to SEK 70 from SEK 60

* Diageo DGE.L: Barclays cuts target price to 2550p from 2650p

* Drax Group Plc DRX.L: JP Morgan cuts target price to 960p from 1000p

* E.ON SE EONGn.DE: JP Morgan raises target price to EUR 17.5 from EUR 16

* Elior ELIOR.PA: Deutsche Bank cuts target price to EUR 3.2 from EUR 4

* Elior ELIOR.PA: Deutsche Bank cuts to hold from buy

* Engie SA ENGIE.PA: JP Morgan raises target price to EUR 24.5 from EUR 23

* ENI ENI.MI: Barclays raises target price to EUR 20 from EUR 18.5

* Entain ENT.L: Alphavalue cuts target price to 1313p from 1520p

* Fastned FASTN.AS: Deutsche Bank cuts target price to EUR 27 from EUR 29

* Ferrari RACE.MI: Citigroup cuts target price to EUR 300 from EUR 340

* Flsmidth FLS.CO: ABG upgrades to buy from hold, PT to DKK 545 from DKK 405

* Fortum FORTUM.HE: JP Morgan cuts to underweight from neutral

* Future Plc FUTR.L: Stifel cuts target price to 990p from 1270p

* Galderma Group AG GALD.S: Jefferies raises PT to CHF 190 from CHF 160

* Galp GALP.LS: UBS cuts target price to EUR 16.5 from EUR 20

* Givaudan GIVN.S: UBS cuts target price to CHF 3310 from CHF 3670

* Glencore Plc GLEN.L: UBS raises target price to 425p from 410p

* Helvetia Baloise Holding AG HBANC.S: UBS cuts target price to CHF 225 from CHF 229

* IHG IHG.L: Jefferies raises target price to 11400p from 8700p

* IHG IHG.L: Jefferies raises to buy from hold

* IMCD IMCD.AS: Deutsche Bank cuts target price to EUR 126 from EUR 136

* Mayr-Melnhof Karton AG MMKV.VI: Alphavalue cuts PT to EUR 130 from EUR 137

* OMV AG OMVV.VI: Barclays raises target price to EUR 47 from EUR 43

* ON the Beach Group Plc OTB.L: RBC cuts target price to 305p from 325p

* Orsted ORSTED.CO: JP Morgan reinstates coverage with neutral rating

* Orsted ORSTED.CO: JP Morgan reinstates coverage with PT DKK 140

* Pennon Group Plc PNN.L: JP Morgan cuts target price to 565p from 600p

* Pennon Group Plc PNN.L: JP Morgan cuts to neutral from overweight

* Pernod Ricard PERP.PA: Citigroup cuts target price to EUR 110 from EUR 114

* Quilter QLT.L: Deutsche Bank raises target price to 165p from 160p

* Rank Group RNK.L: Peel Hunt cuts target price to 175p from 200p

* Reckitt RKT.L: Alphavalue raises target price to 7450p from 7167p

* Repsol REP.MC: Barclays raises target price to EUR 20 from EUR 17

* RWE AG RWEG.DE: JP Morgan raises target price to EUR 51 from EUR 46.5

* Saint-Gobain SGOB.PA: Jefferies cuts target price to EUR 140 from EUR 144.5

* Scandic SHOTE.ST: Deutsche Bank raises target price to SEK 90 from SEK 78

* Schott pharma AG & Co KGaA 1SXP.DE: Berenberg cuts PT to EUR 22 from EUR 25

* Serica Energy Plc SQZ.L: Stifel cuts target price to 216p from 241p

* Severn Trent SVT.L: JP Morgan cuts target price to 2975p from 3050p

* Severn Trent SVT.L: JP Morgan cuts to neutral from overweight

* Shell SHEL.AS: ING cuts target price to EUR 33.7 from EUR 35

* Shell SHEL.AS: ING cuts to hold from buy

* TUI TUI1n.DE: Deutsche Bank raises target price to EUR 12 from EUR 11

* Unilever ULVR.L: BofA Global Research cuts price objective to 5,700p from 6,075p

* United Utilities UU.L: JP Morgan cuts to neutral from overweight

* Volvo Car AB VOLCARB.ST: HSBC raises target price to SEK 31 from SEK 28

* Whitbread WTB.L: Jefferies cuts PT to 2100p from 3100p

* Whitbread WTB.L: Jefferies cuts to hold from buy

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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