EUROPE RESEARCH ROUNDUP- Covestro, Experian, Wacker Chemie

Reuters12-11
EUROPE RESEARCH ROUNDUP- Covestro, Experian, Wacker Chemie

Dec 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Covestro, Experian and Wacker Chemie on Thursday.

HIGHLIGHTS

* Air France-KLM AIRF.PA: Citigroup raises target price to EUR 11.3 from EUR 9.9

* Covestro AG 1COVG.DE: Citigroup raises to neutral from sell

* Experian EXPN.L: JP Morgan reinstates coverage with overweight rating

* IAG ICAG.L: Citigroup raises target price to 670p from 630p

* Wacker Chemie AG WCHG.DE: Citigroup cuts target price to EUR 68 from EUR 71

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

* Acciona Energia ANE.MC: Berenberg cuts target price to EUR 25.5 from EUR 26.5

* Air France-KLM AIRF.PA: Citigroup raises target price to EUR 11.3 from EUR 9.9

* Aker BP AKRBP.OL: JP Morgan cuts to underweight rating

* Alcon AG ALCC.S: BofA Global Research cuts to underperform from buy

* Alcon AG ALCC.S: BofA Global Research cuts price objective to CHF 60 from CHF 80

* Anheuser-Busch Inbev ABI.BR: Barclays raises target price to EUR 94 from EUR 88

* Arkema SA AKE.PA: Citigroup cuts target price to EUR 70 from EUR 80

* Baltic Classifieds Group Plc BCG.L: Peel Hunt cuts target price to 305p from 335p

* Clariant AG CLN.S: Citigroup cuts target price to CHF 7.8 from CHF 12

* Clariant AG CLN.S: Citigroup cuts to neutral from buy

* Covestro AG 1COVG.DE: Citigroup raises target price to EUR 62 from EUR 58

* Covestro AG 1COVG.DE: Citigroup raises to neutral from sell

* Dassault Systemes DAST.PA: Citigroup cuts PT to EUR 26 from EUR 33

* Davide Campari N.V. CPRI.MI: Barclays raises PT to EUR 8.6 from EUR 7.9

* Delivery Hero SE DHER.DE: Citigroup cuts to sell from neutral

* Demant DEMANT.CO: BofA Global Research cuts PT to DKK 195 from DKK 240

* Deutsche Lufthansa AG LHAG.DE: Citigroup raises target price to EUR 8.3 from EUR 7.6

* Diageo Plc DGE.L: Barclays raises target price to 2650p from 2470p

* Diasorin SpA DIAS.MI: BofA Global Research cuts PT to EUR 80 from EUR 115

* Diploma Plc DPLM.L: JP Morgan raises target price to 5120p from 4440p

* Drax Group Plc DRX.L: HSBC raises target price to 720p from 700p

* EasyJet EZJ.L: BofA Global Research cuts PT to 610p from 630p

* Elkem ASA ELK.OL: Citigroup raises target price to NOK 30 from NOK 24

* Endesa ELE.MC: Jefferies raises target price to EUR 27 from EUR 25

* Enel ENEI.MI: Jefferies raises target price to EUR 10 from EUR 9.5

* Evolution EVOG.ST: Citigroup cuts target price to SEK 630 from SEK 1,065

* Evolution EVOG.ST: Citigroup cuts to neutral from buy

* Evonik Industries AG EVKn.DE: Citigroup cuts target price to EUR 17 from EUR 18

* Experian EXPN.L: JP Morgan reinstates coverage with overweight rating

* Experian EXPN.L: JP Morgan reinstates coverage with price target 4090p

* Ferrari RACE.MI: JP Morgan cuts target price to EUR 350 from EUR 394

* Firstgroup Plc FGP.L: Peel Hunt raises target price to 255p from 245p

* Galp Energia GALP.LS: HSBC cuts target price to EUR 18.5 from EUR 19.5

* GN Store Nord GN.CO: BofA Global Research raises PT to DKK 115 from DKK 110

* GN Store Nord GN.CO: BofA Global Research raises to neutral from underperform

* Harbour Energy Plc HBR.L: JP Morgan cuts to neutral rating

* Helvetia Baloise Holding AG HBANC.S: Alphavalue raises PT to CHF 208 from CHF 192

* IAG ICAG.L: Citigroup raises target price to 670p from 630p

* Iberdrola IBE.MC: HSBC raises target price to EUR 19.9 from EUR 19

* Iberdrola IBE.MC: Jefferies cuts to hold from buy

* Iberdrola IBE.MC: Jefferies raises target price to EUR 19.2 from EUR 17.6

* Indutrade INDT.ST: Kepler Cheuvreux cuts target price to SEK 255 from SEK 275

* JD Sports JD.L: Citigroup cuts target price to 88p from 104p

* Johnson Service Group Plc JSG.L: Peel Hunt cuts target price to 178p from 180p

* Koninklijke Ahold Delhaize NV AD.AS: Citigroup raises PT to EUR 37.50 from EUR 36

* Koninklijke Philips NV PHG.AS: BofA Global Research ups price objective to EUR 28 from EUR 26

* Kuehne+Nagel KNIN.S: BofA Global Research raises to neutral rating

* Lagercrantz LAGRb.ST: Kepler Cheuvreux initiates coverage with buy rating

* Lagercrantz LAGRb.ST: Kepler Cheuvreux initiates coverage with PT SEK 270

* Lanxess AG LXSG.DE: Citigroup cuts target price to EUR 19 from EUR 23

* Legal & General LGEN.L: Barclays raises target price to 340p from 330p

* Lifco LIFCOb.ST: Kepler Cheuvreux cuts target price to SEK 370 from SEK 390

* Lloyds LLOY.L: Exane BNP Paribas cuts to neutral from outperform

* LVMH LVMH.PA: Barclays raises target price to EUR 580 from EUR 560

* Maersk MAERSKb.CO: BofA Global Research raises PT to DKK 14000 from DKK 13300

* Mercedes-Benz Group AG MBGn.DE: Kepler Cheuvreux raises PT to EUR 63 from EUR 60

* Michelin MICP.PA: Kepler Cheuvreux cuts target price to EUR 33 from EUR 35

* MLP Saglik Hizmetleri As MPARK.IS: HSBC raises target price to TRY 420 from TRY 380

* MLP Saglik Hizmetleri As MPARK.IS: HSBC raises to buy from hold

* Nemetschek SE NEKG.DE: Citigroup cuts target price to EUR 135 from EUR 145

* Nordex SE NDXG.DE: Kepler Cheuvreux raises PT to EUR 32 from EUR 25

* Nordex SE NDXG.DE: Kepler Cheuvreux raises to buy from hold

* Novem Group SA NVM.DE: Kepler Cheuvreux cuts PT to EUR 3.50 from EUR 5

* Novonesis NSISb.CO: UBS cuts target price to DKK 465 from DKK 470

* Ocado OCDO.L: Bernstein cuts target price to 100p from 170p

* Ontex Group NV ONTEX.BR: Degroof Petercam cuts PT to EUR 5 from EUR 8.70

* Ontex Group NV ONTEX.BR: Degroof Petercam cuts to hold from bu

* Opmobility SE OPM.PA: Kepler Cheuvreux raises target price to EUR 18 from EUR 15

* Opmobility SE OPM.PA: Kepler Cheuvreux raises to buy from hold

* Orsted ORSTED.CO: HSBC raises target price to DKK 155 from DKK 145

* Pernod-Ricard SA PERP.PA: Barclays raises PT to EUR 102 from EUR 92

* Pernod-Ricard SA PERP.PA: Barclays raises to overweight from equal-weight

* Princes Group Plc PRN.L: Bernstein initiates coverage with outperform rating

* Princes Group Plc PRN.L: Bernstein initiates coverage with PT 590p

* Puma SE PUMG.DE: Citigroup raises target price to EUR 22.20 from EUR 17.70

* Rheinmetall AG RHMG.DE: Bernstein raises target price to EUR 2,050 from EUR 1,980

* Rheinmetall AG RHMG.DE: Bernstein raises to outperform from market-perform

* Roche ROG.S: UBS raises target price to CHF 356 from CHF 314

* RS Group Plc RS1R.L: JP Morgan raises to overweight from neutral

* RS Group Plc RS1R.L: JP Morganraises target price to 747p from 630p

* RWS Holdings Plc RWS.L: Berenberg cuts target price to 170p from 210p

* Ryanair RYA.I: BofA Global Research raises PT to EUR 32.4 from EUR 30.5

* SAGE Group SGE.L: Citigroup cuts target price to 1400p from 1500p

* Sainsbury SBRY.L: Citigroup raises target price to 349p from 333p

* Sainsbury SBRY.L: Citigroup raises to buy from neutral

* Sainsbury SBRY.L: Exane BNP Paribas raises target price to 375p from 324p

* Sainsbury SBRY.L: Exane BNP Paribas raises to outperform from neutral

* Sainsbury SBRY.L: Kepler Cheuvreux raises to hold from reduce

* Scout24 SE G24n.DE: Berenberg cuts target price to EUR 122 from EUR 128

* Serco Group Plc SRP.L: JP Morgan reinstates coverage with neutral rating

* Serco Group Plc SRP.L: JP Morgan reinstates coverage with price target 278p

* Siemens Energy AG ENR1n.DE: HSBC raises target price to EUR 145 from EUR 130

* Solvay SOLB.BR: Citigroup cuts target price to EUR 26 from EUR 27

* Sonova Holding AG SOON.S: BofA Global Research cuts PT to CHF 250 from CHF 285

* SSE SSE.L: Jefferies raises target price to 2,510p from 2,230p

* Stellantis NV STLAM.MI: Exane BNP Paribas cuts to underperform from neutral

* Straumann Holding AG STMN.S: BofA Global Research raises PT to CHF 125 from CHF 120

* Tesco TSCO.L: Citigroup raises target price to 510p from 460p

* Thule Group THULE.ST: UBS initiates coverage with neutral rating and PT SEK 260

* Travis Perkins TPK.L: Deutsche Bank cuts target price to 530p from 650p

* Travis Perkins TPK.L: Deutsche Bank cuts to sell from buy

* Trufin Plc TRU.L: Panmure Liberum raises target price to 173p from 138p

* TUI AG TUI1n.DE: Morgan Stanley raises target price to EUR 11.5 from EUR 11

* UMG UMG.AS: Jefferies cuts target price to EUR 28 from EUR 31

* Unilever ULVR.AS: ING cuts target price to EUR 52 from EUR 58.90

* Unilever ULVR.AS: ING cuts to hold from buy

* Unilever Plc ULVR.L: Deutsche Bank raises target price to 5150p from 5050p

* Var Energi VAR.OL: JP Morgan raises to overweight from neutral

* Volkswagen AG VOWG.DE: Kepler Cheuvreux raises PT to EUR 119 from EUR 113

* Volution Group Plc FAN.L: Jefferies raises target price to 840p from 820p

* Wacker Chemie AG WCHG.DE: Citigroup cuts target price to EUR 68 from EUR 71

* Wizz Air WIZZ.L: BofA Global Research cuts PT to 960p from 1210p

* Wizz Air WIZZ.L: BofA Global Research cuts to underperform rating

* Yara YAR.OL: Jefferies raises target price to NOK 450 from NOK 440

* Zalando SE ZALG.DE: Citigroup raises target price to EUR 40 from EUR 39

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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