Europe Research Roundup: Bechtle, Schneider Electric, Sobi

1&1 AG

22/02/2024 07:59

Feb 22 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Bechtle, Schneider Electric and Sobi, on Thursday. 
    
    HIGHLIGHTS
                 * Bechtle AG  BC8G.DE : Berenberg raises to buy from hold; raises PT to EUR 57
 from EUR 41
 
                 * Moneysupermarket.com  MONY.L : Berenberg raises to buy from hold    
 
                 * Saab AB  SAABb.ST : Citigroup cuts to neutral from buy    
 
                 * Schneider Electric  SCHN.PA : HSBC cuts to hold from buy
 
                 * Sobi  SOBIV.ST : Deutsche Bank cuts to hold from buy        
 
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
                 * 1&1 AG  1U1.DE : HSBC raises target price to EUR 17 from EUR 16.5
 
                 * Air Liquide  AIRP.PA : Deutsche Bank raises target price to EUR 210 from EUR 194
 
                 * Aviva  AV.L : RBC raises target price to 470p from 460p
 
                 * Banca Generali  BGN.MI : Deutsche Bank raises target price to EUR 36.9 from EUR 36.3
 
                 * Banca Mediolanum  BMED.MI : Deutsche Bank raises target price to EUR 12 from EUR 11.4
 
                 * Banca Pop. Sondrio  BPSI.MI : Deutsche Bank raises target price to EUR 7.1 from EUR 6.3
 
                 * Beazley  BEZG.L : Citigroup raises target price to 749p from 745p
 
                 * Bechtle AG  BC8G.DE : Berenberg raises to buy from hold; raises PT to EUR 57 from EUR 41
 
                 * BP  BP.L : Berenberg cuts target price to 510p from 525p
 
                 * BPER Banca S.P.A.  EMII.MI : Deutsche Bank raises target price to EUR 4.3 from EUR 3.9
 
                 * Cancom SE  COKG.DE : Berenberg raises target price to EUR 31 from EUR 30
 
                 * Chesnara Plc  CSN.L : RBC raises target price to 335p from 330p
 
                 * Credem  EMBI.MI : Deutsche Bank raises target price to EUR 10.8 from EUR 10.1
 
                 * Enagas  ENAG.MC : Barclays raises target price to EUR 15.3 from EUR 15.2
 
                 * Erste Group Bank AG  ERST.VI : JP Morgan raises target price to EUR 48 from EUR 46
 
                 * Flsmidth  FLS.CO : JP Morgan raises target price to DKK 310 from DKK 300
 
                 * FMC AG  FMEG.DE : JP Morgan raises target price to EUR 35.4 from EUR 33
 
                 * Forvia SE  FRVIA.PA : Barclays cuts target price to EUR 22 from EUR 24
 
                 * Fresenius SE  FREG.DE : Barclays cuts target price to EUR 35 from EUR 36
 
                 * Hikma  HIK.L : JP Morgan raises target price to 2350p from 2200p
 
                 * Hiscox  HSX.L : Citigroup raises target price to 1135p from 1084p
 
                 * HSBC  HSBA.L : Berenberg cuts target price to 800p from 820p
 
                 * Ihg  IHG.L : Citigroup raises target price to 5850p from 5200p
 
                 * Inditex  ITX.MC : JP Morgan raises target price to EUR 42 from EUR 40
 
                 * JDE Peet's  JDEP.AS : Barclays cuts target price to EUR 26 from EUR 26.7
 
                 * Karnov Group AB (Publ)  KARNO.ST : Berenberg raises target price to SEK 85 from SEK 75
 
                 * Kistos Holdings Plc  KIST.L : Panmure Gordon raises target price to 456p from 422p
 
                 * Lancashire Holdings  LRE.L : Citigroup raises target price to 708p from 667p
 
                 * Legal & General Group Plc  LGEN.L : RBC raises target price to 295p from 290p
 
                 * Moneysupermarket.com  MONY.L : Berenberg raises to buy from hold
 
                 * Moneysupermarket.com  MONY.L : Berenberg raises target price to 295p from 290p
 
                 * Phoenix  PHNX.L : RBC raises target price to 600p from 590p
 
                 * Rio Tinto  RIO.L : JP Morgan raises target price to 7040p from 7000p
 
                 * Saab AB  SAABb.ST : Citigroup cuts to neutral from buy
 
                 * Saab AB  SAABb.ST : Citigroup raises target price to SEK 828 from SEK 643
 
                 * Sartorius AG  SATG_p.DE : Barclays raises target price to EUR 300 from EUR 290
 
                 * Sartorius Stedim Biotech SA  STDM.PA : Barclays raises target to EUR 220 from EUR 210
 
                 * Schneider Electric  SCHN.PA : HSBC cuts to hold from buy
 
                 * Schneider Electric  SCHN.PA : HSBC raises target price to EUR 205 from EUR 190
 
                 * Segro  SGRO.L : Peel Hunt raises target price to 905p from 790p
 
                 * Sobi  SOBIV.ST : Deutsche Bank cuts target price to SEK 285 from SEK 315
 
                 * Sobi  SOBIV.ST : Deutsche Bank cuts to hold from buy
 
                 * Steico SE  ST5G.DE : Morgan Stanley raises target price to EUR 46 from EUR 45
 
                 * Swisscom  SCMN.S : Deutsche Bank cuts target price to CHF 465 from CHF 500
 
                 * United Internet  UTDI.DE : HSBC raises target price to EUR 24.5 from EUR 21
 
                 * Wienerberger AG  WBSV.VI : Morgan Stanley raises target price to EUR 37 from EUR 35
 
                 * Wolters Kluwer  WLSNc.AS : Morgan Stanley raises target price to EUR 149.5 from EUR 147
 
                 * Wolters Kluwer NV  WLSNc.AS : Barclays raises target price to EUR 160 from EUR 150
 
                 * Wolters Kluwer NV  WLSNc.AS : JP Morgan raises target price to EUR 157 from EUR 147
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))