EUROPE RESEARCH ROUNDUP-Covestro, Komax Holding, Ubisoft

By - Reuters

March 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Covestro, Komax Holding and Ubisoft on Wednesday. HIGHLIGHTS * Cd Projekt SA : HSBC cuts to reduce from hold * Covestro AG : Baader Helvea raises to buy from reduce * E ON SE : JP Morgan raises to overweight from neutral * Komax Holding AG : Baader Helvea raises to buy from add * Ubisoft : HSBC raises to buy from hold Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. * AB Foods : Citigroup cuts target price to 2000p from 2100p * Aedifica NV : Morgan Stanley cuts target price to EUR 75 from EUR 80 * Afyren SA : Portzamparc cuts target price to EUR 9.4 from EUR 10.5; rating buy * Aib Group Plc : Citigroup raises price target to EUR 4.7 from EUR 4.5 * Anpario Plc : Peel Hunt cuts target price to 350p from 450p * Aselsan : HSBC raises target price to TRY 55.3 from TRY 34.5 * Ashtead Group Plc : Morgan Stanley raises target price to 5930p from 5000p * Assura : Morgan Stanley cuts target price to 52p from 55p * Atalaya Mining Plc : Canaccord Genuity cuts target price to 595p from 600p * Baloise : HSBC cuts target price to CHF 160 from CHF 174 * Bank of Ireland Group Plc : Citigroup raises price target to EUR 12.5 from EUR 12 * BASF : Morgan Stanley cuts target price to EUR 55 from EUR 57 * Basic Fit NV : Berenberg raises target price to EUR 36 from EUR 26 * Bechtle AG : Baader Helvea raises target price to EUR 60 from EUR 58 * Benevolentai SA : RBC cuts target price to EUR 7 from EUR 7.10 * British Land : Morgan Stanley cuts target price to 450p from 460p * Bucher Industries AG : Berenberg cuts target price to CHF 505 from CHF 545 * Castellum AB : Morgan Stanley cuts target price to SEK 90 from SEK 100 * Cd Projekt SA : HSBC cuts to reduce from hold * Cd Projekt SA : HSBC raises target price to PLN 92 from PLN 88 * Cofinimmo SA : Morgan Stanley cuts target price to EUR 90 from EUR 95 * Covestro AG : Baader Helvea raises target price to EUR 45.50 from EUR 44 * Covestro AG : Baader Helvea raises to buy from reduce * Covivio SA : Morgan Stanley assumes coverage with equal-weight rating * Covivio SA : Morgan Stanley assumes coverage with target price EUR 56 vs EUR 60 * Covivio SA : Morgan Stanley cuts target price to EUR 56 from EUR 60 * Ctp NV : Morgan Stanley raises target price to EUR 15 from EUR 13 * Derichebourg SA : Midcap Partners cuts PT to EUR 9.0 from EUR 10.0; rating buy * Derwent London Plc : Morgan Stanley assumes coverage with overweight rating * Derwent London Plc : Morgan Stanley assumes coverage with target 3000p vs 2800p * Deutz AG : Berenberg raises target price to EUR 6.3 from EUR 6 * E ON SE : JP Morgan raises target price to EUR 13 from EUR 10.50 * E ON SE : JP Morgan raises to overweight from neutral * Elmos : Deutsche Bank raises target price to EUR 75 from EUR 54 * Entain : Jefferies cuts target price to 1805p from 1900p * Essity AB (Publ) : Jefferies raises target price to SEK 255 from SEK 250 * Ferrexpo : Peel Hunt cuts target price to 125p from 130p * Fineco : Deutsche Bank raises to buy from hold * Franchi Umberto Marmi Spa : Midcap Partners ups PT to EUR 12.4 from EUR 12.2; rating buy * Great Portland Estates Plc : Morgan Stanley assumes coverage with overweight rating * Great Portland Estates Plc : Morgan Stanley assumes coverage with PT 640p vs 600p * Halma : HSBC raises to buy from hold; raises target price to 2550p from 2500p * Hammerson : Morgan Stanley cuts target price to 27p from 28p * Hammerson : RBC raises target price to 16.50p from 15.50p * Icade SA : Morgan Stanley raises to overweight from equal-weight * Inditex : HSBC raises target price to EUR 37 from EUR 34 * Inmobiliaria Colonial : Morgan Stanley cuts target price to EUR 6 from EUR 6.2 * Kion : Deutsche Bank raises target price to EUR 42 from EUR 40 * Kion : Deutsche Bank raises to buy from hold * Komax Holding AG : Baader Helvea raises to buy from add * L'Oreal : JP Morgan raises target price to EUR 370 from EUR 350 * Luceco Plc : Peel Hunt cuts to hold from buy * LVMH : TD Cowen raises target price to EUR 970 from EUR 900 * Marks and Spencer Group : Citigroup raises to buy from neutral * Marks and Spencer Group : Citigroup raises target price to 175p from 150p * Marks and Spencer Group : Exane BNP Paribas raises to neutral from underperform * Merlin Properties Socimi SA : Morgan Stanley cuts target to EUR 9.5 from EUR 10 * Next Plc : Citigroup raises target price to 5400p from 4850p * Nokian Tyres Plc : Inderes cuts target price to EUR 11.0 from EUR 11.5 * Nokian Tyres Plc : Inderes raises to buy from accumulate * Partners Group Holding AG : JP Morgan cuts target to CHF 822.10 from CHF 836.30 * Pendragon Plc : Jefferies raises target price to 28p from 25p * Pfeiffer Vacuum : Jefferies cuts target price to EUR 133 from EUR 140 * Rentokil : Exane BNP Paribas raises target price to 555p from 470p * Rentokil : Exane BNP Paribas raises to neutral from underperform * Santander : Exane BNP Paribas raises to outperform from neutral * Schibsted ASA : Morgan Stanley cuts target price to NOK 280 from NOK 285 * Shaftesbury Capital Plc : Morgan Stanley raises target price to 135p from 120p * Spirent : Deutsche Bank cuts target price to 200p from 250p * Telenet Group Holding NV : ING raises target price to EUR 21 from EUR 17 * TKH Group NV : ING raises target price to EUR 65.5 from EUR 52 * Ubisoft : HSBC raises target price to EUR 26 from EUR 21 * Ubisoft : HSBC raises to buy from hold * Vonovia SE : Morgan Stanley cuts target price to EUR 19 from EUR 30 * Vonovia SE : Morgan Stanley cuts to underweight from equal weight * Vonovia SE : Morgan Stanley cuts to underweight from equal-weight * Xps Pensions Group Plc : Canaccord Genuity raises target price to 216p from 205p * Xps Pensions Group Plc : RBC raises target price to 190p from 180p * Zalando SE : Exane BNP Paribas raises to outperform from neutral (Compiled by Bengaluru Newsroom)