EUROPE RESEARCH ROUNDUP-BP, KPN ,VAAR

By Reuters News

Sept 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including BP, KPN and VAAR on Friday


HIGHLIGHTS


* BP BP.L: HSBC raises to buy from hold

* DSM-Firmenich AG DSFIR.AS: Citigroup raises target price to EUR 111 from EUR 106

* Evolution EVOG.ST: JP Morgan raises target price to SEK 660 from SEK 565

* KPN KPN.AS: JP Morgan raises to overweight from neutral

* VAAR : DNB Carnegie lifts target price to NOK 46 from NOK 44


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



* ABB Ltd ABBN.S: TD Cowen raises target price to CHF 83 from CHF 73

* Aker : DNB Carnegie lifts target price to NOK 370 from NOK 360

* Aker : DNB Carnegie cuts to hold from buy rating

* AXA AXAF.PA: RBC cuts target price to EUR 52 from EUR 54

* BP BP.L: HSBC raises target price to 640p from 570p

* BP BP.L: HSBC raises to buy from hold

* Croda CRDA.L: Citigroup raises target price to 3400p from 3200p

* DSM-Firmenich AG DSFIR.AS: Citigroup raises target price to EUR 111 from EUR 106

* ENI ENI.MI: HSBC raises target price to EUR 25.5 from EUR 24

* Equinor EQNR.OL: HSBC raises target price to NOK 395 from NOK 335

* Evolution EVOG.ST: JP Morgan raises target price to SEK 660 from SEK 565

* Galp Energia GALP.LS: HSBC raises target price to EUR 23 from EUR 20

* Grainger GRI.L: JP Morgan cuts target price to 225p from 265p

* KPN KPN.AS: JP Morgan raises target price to EUR 5.1 from EUR 4.7

* KPN KPN.AS: JP Morgan raises to overweight from neutral

* Lanxess AG LXSG.DE: Jefferies cuts target price to EUR 11 from EUR 14

* Mondi MNDI.L: Jefferies cuts target price to 1080p from 1085p

* ON the Beach Group Plc OTB.L: RBC cuts target price to 235p from 290p

* Pharos Energy Plc PHARP.L: Peel cuts target price to 33p from 60p

* Pharos Energy Plc PHARP.L: Peel Hunt cuts to hold from buy

* VAAR : DNB Carnegie lifts target price to NOK 46 from NOK 44

* VAAR : DNB Carnegie cuts to sell from hold rating

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