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BUZZ-European consumer: Barclays cuts PT on EM worries

Reuters - UK Focus

** Barclays (LSE: BARC.L - news) analysts cut PT on European tobacco, beverages food, and personal care companies, citing EM exposure

** SABMiller (Xetra: BRW1.DE - news) , ABInBev, BAT and Danone (Swiss: 487663.SW - news) are most exposed to China and commodity-linked markets such as Nigeria, Brazil, Sub-Saharan Africa and Australia, analysts say

** Cos shares down 0.5-1 pct in decent volumes

** Losers on Stoxx 600 Food and Beverage Index all have their PT cut

** David Campari, Coca Cola HBC, Kerry Group, Heineken (Other OTC: HEINY - news) , Glanbia (Other OTC: GLAPF - news) down 0.7-1.7 pct

** Stoxx 600 Food and Beverage Index down 0.8 pct, Stoxx Personal (LSE: PGH.L - news) and Household Care Index down 1 pct

** A slowdown in EM/China has taken its toll on equities markets the world over, with mining and luxury stocks particularly hard hit (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)