EUROPE RESEARCH ROUNDUP-Billerud, Sandvik, Tesco

By Reuters News

- Securities analysts revised their ratings and price targets on several European companies including Billerud, Sandvik and Tesco, on Tuesday.

HIGHLIGHTS

* Billerud AB (Publ) BILL.ST: Jefferies raises target price to SEK 90 from SEK 80

* Metso METSO.HE: Citigroup raises target price to EUR 17 from EUR 15.9

* Richemont CFR.S: JP Morgan raises target price to CHF 235 from CHF 220

* Sandvik AB SAND.ST: Citigroup raises target price to SEK 381 from SEK 372

* Tesco TSCO.L: Jefferies raises target price to 480p from 460p

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

* Adidas AG ADSGn.DE: Jefferies cuts target price to EUR 187 from EUR 205

* Billerud AB (Publ) BILL.ST: Jefferies raises target price to SEK 90 from SEK 80

* Billerud AB (Publ) BILL.ST: Jefferies cuts to hold from buy

* Bridgepoint Group Plc BPTB.L: Jefferies raises target price to 485p from 390p

* Bureau Veritas BVI.PA: JP Morgan raises target price to EUR 34 from EUR 28

* Bureau Veritas BVI.PA: JP Morgan raises to overweight from neutral

* Coca-Cola HBC AG : Berenberg raises target price to 5,483p from 5,453p

* Ferrovial FER.MC: Jefferies cuts target price to EUR 55 from EUR 61

* FMC AG FMEG.DE: Berenberg cuts target price to EUR 42 from EUR 60

* FMC AG FMEG.DE: Berenberg cuts to hold from buy

* Metso METSO.HE: Citigroup raises target price to EUR 17 from EUR 15.9

* Partners Group Holding AG PGHN.S: Jefferies cuts PT to CHF 605 from CHF 710

* Richemont CFR.S: JP Morgan raises target price to CHF 235 from CHF 220

* Sainsbury SBRY.L: Jefferies raises target price to 340p from 310p

* Sandvik AB SAND.ST: Citigroup raises target price to SEK 381 from SEK 372

* SCA AB SCAb.ST: Jefferies raises target price to SEK 136 from SEK 133

* Siemens AG : HSBC raises target price to EUR 310 from EUR 300

* Tesco TSCO.L: Jefferies raises target price to 480p from 460p

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