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EUROPE RESEARCH ROUNDUP-Ashtead Group, Convatec Group, MTU Aero Engines

Wed 10th June, 2020 8:14am
June 10 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ashtead Group, Convatec Group and MTU Aero Engines, on Wednesday. 
    
    HIGHLIGHTS
     * Ashtead Group Plc  AHT.L : RBC cuts to sector perform from outperform
     * Biffa  BIFF.L : Citigroup cuts to sell from neutral
     * Convatec Group Plc  CTEC.L : RBC raises to outperform from sector perform
     * MTU Aero Engines AG  MTXGn.DE : HSBC cuts to hold from buy
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     * Amundi SA  AMUN.PA : SocGen initiates with buy rating and EUR 78.50 target price
     * Ashtead Group Plc  AHT.L : RBC cuts to sector perform from outperform
     * Ashtead Group Plc  AHT.L : RBC raises price target to 2,600p from 2,200p
     * Azimut  AZMT.MI : SocGen initiates with hold rating and EUR 16.80 target price
     * Bellway Plc  BWY.L : Citigroup raises price target to 3535p from 2958p
     * Biffa  BIFF.L : Citigroup cuts to sell from neutral
     * Close Brothers Group Plc  CBRO.L : Citigroup raises price target to 1180p from 1070p
     * Convatec Group Plc  CTEC.L : RBC raises price target to 245p from 178p
     * Convatec Group Plc  CTEC.L : RBC raises to outperform from sector perform
     * Delivery Hero SE  DHER.DE : HSBC raises target price to EUR 97 from EUR 85
     * DWS Group GmbH & Co KGaA  DWSG.DE : SocGen initiates with buy rating and EUR 40 PT
     * Johnson Service Group Plc  JSG.L : HSBC raises target price to 135p from 100p
     * Medacta Group SA  MOVE.S : Credit Suisse raises target price to CHF 91 from CHF 84
     * MTU Aero Engines AG  MTXGn.DE : HSBC cuts to hold from buy
     * MTU Aero Engines AG  MTXGn.DE : HSBC cuts target price to EUR 170 from EUR 175
     * OneSavings Bank  OSBO.L : Citigroup raises price target to 390p from 370p
     * Tikehau Capital SCA  TKOO.PA : SocGen initiates with hold rating and EUR 26 target price
     * Voestalpine AG  VOES.VI : Credit Suisse cuts target price to EUR 19 from EUR 22
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))

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