EUROPE RESEARCH ROUNDUP-Airbus, Nestle, VAR Energi

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- Securities analysts revised their ratings and price targets on several European companies, including Airbus, Nestlé and VAR Energi, on Monday.

HIGHLIGHTS

* Airbus SE AIR.PA: Jefferies cuts target price to EUR 195 from EUR 215

* Hydro NHY.OL: Citigroup raises to buy from neutral

* Icade ICAD.PA: Morgan Stanley cuts to equal weight from overweight

* Nestle NESN.S: HSBC raises target price to CHF 92 from CHF 91

* VAR Energi VAR.OL: JP Morgan raises target price to NOK 40 from NOK 36

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

* ABN Amro Bank NV ABNd.AS: BofA Global Research raises price objective to EUR 36.30 from EUR 25.80

* ABN Amro Bank NV ABNd.AS: BofA Global Research raises to buy from neutral

* Accor ACCP.PA: Barclays raises target price to EUR 55 from EUR 53

* Ahold DELHAIZE AD.AS: KBC Securities cuts to "accumulate" from "buy"

* Ahold DELHAIZE AD.AS: KBC Securities raises target price to EUR 38 from EUR 43

* AIB Group Plc AIBG.I: Deutsche Bank raises target price to EUR 9.60 from EUR 8.70

* Airbus SE AIR.PA: Jefferies cuts target price to EUR 195 from EUR 215

* Airbus SE AIR.PA: JP Morgan cuts target price to EUR 225 from EUR 240

* Airbus SE AIR.PA: Kepler Cheuvreux cuts target price to EUR 196 from EUR 214

* Alfa Laval AB ALFA.ST: Morgan Stanley raises target price to SEK 466 from SEK 425

* Anglo American AAL.L: Deutsche Bank raises target price to 3,600p from 3,500p

* Arcadis ARDS.AS: KBC Securities cuts PT to EUR 35 from EUR 51; rating "hold"

* ArcelorMittal MT.AS: Barclays raises target price to EUR 45 from EUR 39

* Aston Martin AML.L: Deutsche Bank cuts target price to 70p from 75p

* Azelis AZE.BR: Goldman Sachs cuts target price to EUR 15 from EUR 17.50

* Banco Sabadell SABE.MC: Deutsche Bank raises target price to EUR 3.80 from EUR 3.40

* Banco Sabadell SABE.MC: Deutsche Bank raises to buy from hold

* Banco Santander SAN.MC: Deutsche Bank raises target price to EUR 11.50 from EUR 9.80

* Bank of Ireland Group Plc BIRG.I: Deutsche Bank raises PT to EUR 19.40 from EUR 16

* Bankinter BKT.MC: Deutsche Bank raises target price to EUR 15.80 from EUR 13.50

* Bankinter BKT.MC: Deutsche Bank raises to buy from hold

* BB Biotech AG BION.S: Kepler Cheuvreux raises target price to CHF 73 from CHF 66

* BBVA BBVA.MC: Deutsche Bank raises target price to EUR 21.25 from EUR 19.75

* Bechtle AG BC8G.DE: Kepler Cheuvreux cuts target price to EUR 42 from EUR 50

* Bellway BWY.L: Barclays cuts target price to 3,390p from 3,410p

* BESI BESI.AS: JP Morgan raises target price to EUR 204 from EUR 172

* Breedon Group BREE.L: Barclays cuts target price to 450p from 500p

* Caixabank CABK.MC: Deutsche Bank raises target price to EUR 11.05 from EUR 9.15

* Caixabank CABK.MC: Deutsche Bank raises to hold from sell

* Capgemini CAPP.PA: Berenberg cuts target price to EUR 117 from EUR 143

* Carrefour CARR.PA: Kepler Cheuvreux raises target price to EUR 18.50 from EUR 16.10

* Castellum CAST.ST: Kepler Cheuvreux raises target price to SEK 138 from SEK 131

* Catena AB CATE.ST: Kepler Cheuvreux raises target price to SEK 590 from SEK 560

* Centrica CNA.L: JP Morgan raises target price to 224p from 203p

* Chemometec A/S CHEMM.CO: Berenberg cuts target price to DKK 900 from DKK 970

* Commerzbank AG CBKG.DE: Goldman Sachs raises target price to EUR 39 from EUR 35.10

* Danone DANO.PA: Kepler Cheuvreux cuts target price to EUR 85 from EUR 90

* Danone DANO.PA: Morgan Stanley raises target price to EUR 80 from EUR 75

* Eiffage FOUG.PA: Kepler Cheuvreux raises target price to EUR 170 from EUR 145

* Enquest Plc ENQ.L: Peel Hunt raises target price to 28p from 24p

* EQT EQTAB.ST: Citigroup cuts target price to SEK 370 from SEK 400

* Fluidra FLUI.MC: Kepler Cheuvreux raises target price to EUR 21.50 from EUR 19.20

* FM Mattsson AB (Publ) FMMb.ST: Kepler Cheuvreux raises target price to SEK 80 from SEK 75

* Gaztransport & Technigaz GTT.PA: UBS raises target price to EUR 210 from EUR 200

* Gimv NV GIMV.BR: Kepler Cheuvreux raises target price to EUR 53 from EUR 52

* GTT GTT.PA: BofA Global Research raises price objective to EUR 215 from EUR 200

* Hochtief AG HOTG.DE: BofA Global Research raises price objective to EUR 460 from EUR 396

* Holmen HOLMb.ST: Jefferies cuts target price to SEK 376 from SEK 390

* Howden Joinery Group HWDN.L: Barclays raises target price to 955p from 940p

* Hydro NHY.OL: Citigroup raises raises target price to NOK 105 from NOK 85

* Hydro NHY.OL: Citigroup raises to buy from neutral

* Icade ICAD.PA: Morgan Stanley cuts to equal weight from overweight

* IMCD NV IMCD.AS: Goldman Sachs cuts target price to EUR 119 from EUR 133

* Intertek ITRK.L: Citigroup raises target price to 5,847p from 5,833p

* ISS ISS.CO: Morgan Stanley raises target price to DKK 258 from DKK 245

* Kingspan Group KSP.I: Barclays raises target price to EUR 75 from EUR 70

* Kingspan Group Plc KSP.I: Kepler Cheuvreux raises PT EUR 102 from EUR 90

* Knorr KBX.DE: UBS raises target price to EUR 123 from EUR 99

* Moncler MONC.MI: Barclays raises target price to EUR 62 from EUR 61

* Nestle NESN.S: HSBC raises target price to CHF 92 from CHF 91

* Nestle SA NESN.S: Morgan Stanley raises target price to CHF 75 from CHF 74

* Omer Decugis & CIE: TP ICAP Midcap raises PT to1 from EUR 10.50; rating "buy"

* Orange SA ORAN.PA: Deutsche Bank raises target price to EUR 18.50 from EUR 16.50

* Pernod Ricard PERP.PA: Deutsche Bank cuts target price to EUR 74 from EUR 75

* Pernod Ricard PERP.PA: Deutsche Bank cuts to sell from hold

* Persimmon PSN.L: Barclays raises target price to 1,514p from 1,480p

* Poste Italiane SpA PST.MI: UBS raises target price to EUR 25.10 from EUR 22.70

* Quilter Plc QLT.L: JP Morgan raises target price to 223p from 210p

* Reckitt Benckiser RKT.L: Morgan Stanley raises target price to 6,500p from 6,100p

* Swedish Orphan Biovitrum SOBIV.ST: Berenberg raises target price to SEK 500 from SEK 470

* Temenos AG TEMN.S: Citigroup cuts target price to CHF 70 from CHF 80

* Tenaris TENR.MI: Barclays raises target price to EUR 24 from EUR 20

* VAR Energi VAR.OL: JP Morgan raises target price to NOK 40 from NOK 36

* Vinci SGEF.PA: JP Morgan raises target price to EUR 140 from EUR 133



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