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Adyen, Berkeley, Iveco



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Dec 9 (Reuters) -Securities analysts revised their ratings and price targets on several European companies, including Adyen, Berkeley and Iveco, on Monday.


HIGHLIGHTS


* Adyen NV ADYEN.AS: JP Morgan raises target price to EUR 1659 from EUR 1500

* Berkeley Group BKGH.L: Berenberg cuts target price to 5,500p from 6,200p

* Iveco Group IVG.MI: Deutsche Bank cuts to hold from buy

* SAP SE SAPG.DE: Citigroup raises target price to EUR 300 from EUR 260

* Weir Group WEIR.L: Morgan Stanley raises to overweight from underweight


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

* 1&1 AG 1U1.DE: Goldman Sachs raises to buy from neutral

* ABB Ltd ABBN.S: Morgan Stanley raises target price to CHF 48 from CHF 45

* ABB Ltd ABBN.S: Morgan Stanley raises to equalweight from underweight

* Adyen NV ADYEN.AS: JP Morgan raises target price to EUR 1659 from EUR 1500

* Adyen NV ADYEN.AS: KBW raises target price to EUR 1750 from EUR 1720

* Ashtead AHT.L: Deutsche Bank cuts to hold from buy

* Atlas Copco AB ATCOa.ST: Morgan Stanley cuts target price to SEK 170 from SEK 175

* Atlas Copco AB ATCOa.ST: Morgan Stanley raises to equal weight from underweight

* Baltic Classifieds Group BCG.L: Deutsche Bank cuts to hold from buy

* Baltic Classifieds Group BCG.L: Deutsche Bank raises PT to 373p from 329p

* BAT BATS.L: Citigroup raises target price to 3200p from 2875p

* Berkeley Group BKGH.L: Berenberg cuts target price to 5,500p from 6,200p

* Berkeley Group BKGH.L: Peel Hunt cuts target price to 4,400p from 4,830p

* Berkeley Group BKGH.L: Peel Hunt raises to add from hold

* Berkeley Group BKGH.L: RBC cuts target price to 4700p from 4950p

* Berkeley Group BKGH.L: Stifel cuts target price to 4,220p from 4,420p

* Berkeley Group BKGH.L: Morgan Stanley cuts PT to 4200p from 4546p

* BT BT.L: BofA Global Research raises price objective to 208p from 205p

* Burberry BRBY.L: RBC raises target price to 1,000p from 900p

* Cellnex CLNX.MC: BofA Global Research raises price objective to EUR 41.5 from EUR 41

* CocaCola Europacific Partners CCEPC.AS: Morgan Stanley ups PT to EUR 87 from EUR 69

* CocaCola Europacific Partners CCEPC.AS: Morgan Stanley ups to overweight from equalweight

* Compagnie Financiere Richemont SA CFR.S: RBC cuts PT to CHF 135 from CHF 140

* Credit Agricole CAGR.PA: Exane BNP Paribas cuts target price to EUR 15 from EUR 17

* Credit Agricole CAGR.PA: Exane BNP Paribas cuts to neutral from outperform

* Daimler Truck DTGGe.DE: Deutsche Bank cuts target price to EUR 45 from EUR 55

* Deutsche Telekom AG DTEGn.DE: BofA Global Research raises PT to EUR 35 from EUR 32

* D'Ieteren IETB.BR: KBC Securities cuts PT to EUR 225 from EUR 300; rating "buy"

* Dof Group ASA DOFG.OL: Kepler Cheuvreux initiates coverage with buy rating; PT NOK 140

* Elis ELIS.PA: Deutsche Bank cuts target price to EUR 29 from EUR 30

* Elisa Oyj ELISA.HE: BofA Global Research raises price objective to EUR 41 from EUR 40

* Emmi AG EMMN.S: Baader Helvea cuts target price to CHF 900 from CHF 950

* ENI ENI.MI: BofA Global Research raises price objective to EUR 15.70 from EUR 15.40

* Epiroc AB EPIRa.ST: Morgan Stanley cuts target price to SEK 182 from SEK 200

* Epiroc AB EPIRa.ST: Morgan Stanley cuts to underweight from equal weight

* Equinor ASA EQNR.OL: JP Morgan raises to overweight from underweight

* Ericsson ERICb.ST: JP Morgan raises target price to SEK 98 from SEK 70.5

* Exor EXOR.AS: UBS cuts target price to EUR 127 from EUR 129

* Fevertree Drinks Plc FEVR.L: Citigroup cuts target price to 800p from 860p

* Frasers Group FRAS.L: Barclays cuts target price to 760p from 905p

* Frasers Group FRAS.L: Barclays cuts to equalweight from overweight

* Freenet AG FNTGn.DE: Goldman Sachs cuts to sell from neutral

* Galp GALP.LS: BofA Global Research raises price objective to EUR 22 from EUR 20.5

* Galp GALP.LS: BofA Global Research raises to buy from neutral

* Grifols GRLS.MC: Bernstein cuts target price to EUR 21.50 from EUR 22

* GSK GSK.L: BofA Global Research cuts price objective to 1415p from 1425p

* Heineken NV HEIN.AS: Citigroup cuts target price to EUR 95 from EUR 99

* Imperial Brands IMB.L: Citigroup raises target price to 2835p from 2775p

* Infrastrutture Wireless Italiane SpA INWT.MI: BofA Global Research cuts PT to EUR 11.9 from EUR 12.1

* Infrastrutture Wireless Italiane SpA INWT.MI: Goldman Sachs raises to buy rating

* Inspecs Group Plc SPECI.L: Peel Hunt cuts target price to 60p from 100p

* Intercontinental Hotels Group IHG.L: UBS raises target price to 10,450p from 8,660p

* Iveco Group IVG.MI: Deutsche Bank cuts to hold from buy

* Iveco Group IVG.MI: Deutsche Bank cuts target price to EUR 11 from EUR 14

* Kion Group AG KGX.DE: Morgan Stanley cuts target price to EUR 40 from EUR 44

* Kone Oyj KNEBV.HE: Morgan Stanley cuts target price to EUR 44 from EUR 50

* Kone Oyj KNEBV.HE: Morgan Stanley cuts to underweight from overweight

* KPN KPN.AS: BofA Global Research raises price objective to EUR 3.9 from EUR 3.8

* Legal & General Group Plc LGEN.L: Jefferies cuts target price to 230p from 235p

* LSEG LSEG.L: Jefferies raises target price to 13500p from 12500p

* LVMH LVMH.PA: RBC cuts target price to EUR 650 from EUR 710

* M&G MNG.L: Jefferies cuts target price to 215p from 220p

* Marlowe Plc MRLM.L: Berenberg cuts target price to 400p from 710p

* Metro Bank MTRO.L: Peel Hunt raises target price to 90p from 60p

* Metso Corporation METSO.HE: Morgan Stanley cuts target price to EUR 9.8 from EUR 10

* Moncler MONC.MI: RBC cuts target price to EUR 56 from EUR 59

* Neste Oyj NESTE.HE: BofA Global Research cuts price objective to EUR 20 from EUR 21

* Neste Oyj NESTE.HE: Citigroup cuts target price to EUR 16 from EUR 24

* Neste Oyj NESTE.HE: Citigroup cuts to neutral from buy

* Neste Oyj NESTE.HE: JP Morgan raises to neutral from underweight

* Nokia Oyj NOKIA.HE: JP Morgan raises target price to EUR 6.05 from EUR 4

* Nokia Oyj NOKIA.HE: JP Morgan raises to overweight from neutral

* Nordic Semiconductor ASA NOD.OL: JP Morgan cuts PT to NOK 145 from NOK 180

* Novartis AG NOVN.S: BofA Global Research cuts price objective to CHF 104 from CHF 110

* OMV AG OMVV.VI: BofA Global Research raises price objective to EUR 38.50 from EUR 36

* Orange SA ORAN.PA: BofA Global Research raises price objective to EUR 13.4 from EUR 12.9

* Paragon Banking PAGPA.L: Deutsche Bank raises target price to 850p from 640p

* Porsche PSHG_p.DE: Deutsche Bank cuts target price to EUR 55 from EUR 70

* Porsche PSHG_p.DE: UBS cuts target price to EUR 32 from EUR 42

* Porsche PSHG_p.DE: UBS cuts to sell from neutral

* Porsche AG P911_p.DE: Deutsche Bank cuts target price to EUR 80 from EUR 85

* Randstad RAND.AS: Deutsche Bank cuts target price to EUR 46 from EUR 54

* Repsol REP.MC: JP Morgan cuts to underweight from neutral

* Rexel RXL.PA: Morgan Stanley raises target price to EUR 29 from EUR 24

* Rexel RXL.PA: Morgan Stanley raises to overweight from equal weight

* Sabre Insurance Group Plc SBRE.L: Jefferies raises target price to 145p from 140p

* Sandoz Group AG SDZ.S: BofA Global Research raises PT to CHF 47 from CHF 45

* Sandvik AB SAND.ST: Morgan Stanley raises target price to SEK 220 from SEK 215

* SAP SE SAPG.DE: BofA Global Research raises price objective to EUR 283 from EUR 243

* SAP SE SAPG.DE: Citigroup raises target price to EUR 300 from EUR 260

* Serica Energy SQZ.L: Canaccord Genuity initiates coverage with buy rating; PT 195p

* SGS SGSN.S: Deutsche Bank raises target price to CHF 94 from CHF 91.6

* Signify NV LIGHT.AS: Morgan Stanley cuts target price to EUR 25 from EUR 27

* Signify NV LIGHT.AS: Morgan Stanley cuts to equal weight from overweight

* Societe Generale SA SOGN.PA: Exane BNP Paribas raises aPT to EUR 35 from EUR 30

* Societe Generale SA SOGN.PA: Exane BNP Paribas raises to outperform from neutral

* Soitec SA SOIT.PA: Berenberg cuts target price to EUR 120 from EUR 130

* Soitec SA SOIT.PA: JP Morgan cuts target price to EUR 100 from EUR 110

* Solvay SOLB.BR: Bernstein raises target price to EUR 35 from EUR 28

* Spirax Group Plc SPX.L: Morgan Stanley cuts target price to 8500p from 9000p

* Spirax Group Plc SPX.L: Morgan Stanley raises to overweight from equal weight

* STMicroelectronics NV STMPA.PA: JP Morgan cuts target price to EUR 30 from EUR 35

* STMicroelectronics NV STMPA.PA: JP Morgan cuts to neutral from overweight

* Sunrise Communications AG SUNN.S: Goldman Sachs initiates coverage with PT CHF 41

* Sunrise Communications AG SUNN.S: Goldman Sachs initiates coverage with sell rating

* Swatch Group AG UHR.S: RBC cuts target price to CHF 150 from CHF 180

* Swisscom AG SCMN.S: BofA Global Research raises price objective to CHF 499 from CHF 483

* Team17 Group Plc TM17.L: Jefferies raises to buy from hold; ups PT to 360p from 230p

* Tele2 AB TEL2b.ST: BofA Global Research raises price objective to SEK 113 from SEK 109

* Telecom Italia TLIT.MI: BofA Global Research raises PT to EUR 0.37 from EUR 0.35

* Telefonica TEF.MC: BofA Global Research raises price objective to EUR 4.3 from EUR 4.2

* Telenor ASA TEL.OL: BofA Global Research raises price objective to NOK 160 from NOK 158

* Telia TELIA.ST: BofA Global Research raises price objective to SEK 30 from SEK 29

* Tenaris TENR.MI: Jefferies raises to buy from hold; raises PT to EUR 22 from EUR 16

* Trainline Plc TRNT.L: UBS cuts to neutral from buy

* Trainline Plc TRNT.L: UBS raises target price to 490p from 410p

* Traton 8TRA.DE: Deutsche Bank cuts target price to EUR 42 from EUR 55

* Tryg TRYG.CO: Jefferies cuts target price to DKK 180 from DKK 183

* UCB UCB.BR: KBC Securities raises PT to EUR 214 from EUR 173; rating "accumulate"

* UCB UCB.BR: BofA Global Research raises price objective to EUR 210 from EUR 150

* Valeo VLOF.PA: Citigroup cuts target price to EUR 9.30 from EUR 12.80

* Vallourec VLLP.PA: Jefferies raises target price to EUR 22 from EUR 18

* Vodafone VOD.L: BofA Global Research raises price objective to 115p from 112p

* Vodafone VOD.L: Goldman Sachs cuts to neutral from buy

* Volvo AB VOLVb.ST: Deutsche Bank cuts target price to SEK 326 from SEK 380

* Warpaint London Plc W7L.L: RBC raises target price to 700p from 685p

* Watches of Switzerland WOSG.L: RBC raises target price to 640p from 520p

* Weir Group WEIR.L: Morgan Stanley raises target price to 2560p from 2080p

* Weir Group WEIR.L: Morgan Stanley raises to overweight from underweight

* Whitbread WTB.L: UBS cuts target price to 4,200p from 4,400p

* Workspace WKP.L: Berenberg cuts target price to 653p from 688p


(Compiled by Bengaluru Newsroom)

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