EUROPE RESEARCH ROUNDUP-AB Foods, Lindt & Spruengli, Safran

Reuters
01-16
EUROPE RESEARCH ROUNDUP-AB Foods, Lindt & Spruengli, Safran

Jan 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AB Foods, Lindt & Spruengli and Safran on Thursday.

HIGHLIGHTS

* AB Foods ABF.L: Citigroup cuts to sell from neutral

* Lindt & Spruengli LISN.S: Stifel raises target price to CHF 11,400 from CHF 11,200

* Safran SAF.PA: Morgan Stanley cuts to equal weight from overweight

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

* AB Foods ABF.L: Citigroup cuts target price to 1770p from 2400p

* AB Foods ABF.L: Citigroup cuts to sell from neutral

* Airbus SE AIR.PA: Morgan Stanley raises target price to EUR 200 from EUR 160

* Arkema SA AKE.PA: Jefferies cuts target price to EUR 103 from EUR 114

* Ashmore ASHM.L: JP Morgan cuts target price to 150p from 152p

* Auto1 Group SE AG1G.DE: JP Morgan raises target price to EUR 22 from EUR 18.80

* Bankinter BKT.MC: RBC initiates coverage with outperform rating; PT EUR 9.75

* Bytes Technology Group Plc BYIT.L: HSBC cuts target price to 595p from 675p

* Caixabank CABK.MC: RBC initiates coverage with sector perform rating; target price EUR 5.65

* Carl Zeiss Meditec AG AFXG.DE: Berenberg cuts target price to EUR 50 from EUR 66

* Cellnex CLNX.MC: Jefferies raises target price to EUR 46.3 from EUR 45

* Edenred EDEN.PA: Stifel cuts target price to EUR 43 from EUR 68

* Hannover Rueck SE HNRGn.DE: Jefferies raises target price to EUR 320 from EUR 290

* Kinepolis Group NV KIPO.BR: Berenberg cuts target price to EUR 51 from EUR 60

* Lindt & Spruengli LISN.S: Stifel raises target price to CHF 11,400 from CHF 11,200

* Pluxee NV PLX.PA: Stifel initiates coverage with hold rating; price target EUR 25

* Safran SAF.PA: Morgan Stanley cuts to equal weight from overweight

* Valeo VLOF.PA: Citigroup raises target price to EUR 10.80 from EUR 9.30

* Valeo VLOF.PA: HSBC raises target price to EUR 10.5 from EUR 9

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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