Europe Research Roundup: Asos, B&M, Bakkavor
03/02/2023 13:08
Feb 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Asos, B&M and Bakkavor, on Friday.
HIGHLIGHTS
* Asos ASOS.L : Deutsche Bank cuts to hold from buy
* B&M BMEB.L : Deutsche Bank raises to buy from hold
* Bakkavor BAKK.L : HSBC cuts to reduce from hold
* Provident Financial Plc PFG.L : Peel Hunt cuts to hold from add
* Telia TELIA.ST : Bernstein cuts to underperform from market-perform
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* A.P. Moller-Maersk MAERSKb.CO : Stifel cuts target price to DKK 24000 from DKK 27000
* Aak AAK.ST : Barclays raises target price to SEK 158 from SEK 156
* ABB Ltd ABBN.S : Citigroup raises price target to CHF 32 from CHF 31
* ABB Ltd ABBN.S : Morgan Stanley cuts target price to CHF 27 from CHF 27.3
* Accor ACCP.PA : Deutsche Bank raises target price to EUR 35.6 from EUR 31.9
* Adidas AG ADSGn.DE : Deutsche Bank raises target price to EUR 170 from EUR 160
* Adidas AG ADSGn.DE : UBS raises target price to EUR 150 from EUR 127
* Alfa Laval ALFA.ST : Citigroup raises price target to SEK 410 from SEK 360
* Alfa Laval ALFA.ST : UBS raises target price to SEK 378 from SEK 360
* Antofagasta ANTO.L : Bernstein cuts target price to 1500p from 1560p
* Antofagasta ANTO.L : Morgan Stanley raises target price to 1640p from 1300p
* ASM International NV ASMI.AS : Morgan Stanley raises target price to EUR 250 from EUR 200
* ASML Holding NV ASML.AS : Bernstein raises target price to EUR 735 from EUR 700
* Asos ASOS.L : Deutsche Bank cuts to hold from buy
* Asos ASOS.L : Deutsche Bank raises target price to 950p from 800p
* Aurubis AG NAFG.DE : Morgan Stanley raises target price to EUR 93 from EUR 79
* B&M BMEB.L : Deutsche Bank raises target price to 580p from 460p
* B&M BMEB.L : Deutsche Bank raises to buy from hold
* Bakkavor BAKK.L : HSBC cuts to reduce from hold
* Bakkavor BAKK.L : HSBC raises target price to 99.54p from 90.31p
* Be Semiconductor Industries NV BESI.AS : Morgan Stanley raises PT to EUR 80 from EUR 75
* BHP Group Ltd BHPB.L : Bernstein cuts target price to 2650p from 2800p
* Boliden AB BOL.ST : Morgan Stanley raises target price to SEK 510 from SEK 390
* Boohoo BOOH.L : Deutsche Bank raises target price to 50p from 36p
* BT BT.L : JP Morgan raises target price to 275p from 265p
* Capman Oyj CAPMAN.HE : Evli Research raises target price to EUR 3.2 from EUR 3.1
* Capman Oyj CAPMAN.HE : Inderes raises target to EUR 3.1 from EUR 3.0; rating accumulate
* Cargotec Corp CGCBV.HE : Inderes raises target price to EUR 50 from EUR 41
* Cargotec Corp CGCBV.HE : Inderes raises to accumulate from reduce
* Danske Bank DANSKE.CO : Credit Suisse raises target price to DKK 137 from DKK 130
* Dassault Systemes DAST.PA : Citigroup raises price target to EUR 40 from EUR 38
* Dassault Systemes DAST.PA : Jefferies raises target price to EUR 33 from EUR 28
* Dassault Systemes DAST.PA : JP Morgan raises target price to EUR 32 from EUR 30
* Dassault Systemes DAST.PA : UBS cuts target price to EUR 42 from EUR 43
* Detection Technology Oyj DETEC.HE : Evli Research raises target to EUR 16.5 from EUR 16
* Detection Technology Oyj DETEC.HE : Inderes ups PT to EUR 18 from EUR 16; rating reduce
* Deutsche Bank AG DBKGn.DE : Credit Suisse raises target price to EUR 11 from EUR 10.5
* Direct Line Insurance Group DLGD.L : Barclays cuts target price to 173p from 275p
* Direct Line Insurance Group DLGD.L : Barclays cuts to underweight from equal-weight
* DSV DSV.CO : Bernstein cuts target price to DKK 1500 from DKK 1550
* DSV DSV.CO : Deutsche Bank raises target price to DKK 1400 from DKK 1300
* DSV DSV.CO : HSBC raises target price to DKK 1150 from DKK 1050
* DSV DSV.CO : JP Morgan raises target price to DKK 1340 from DKK 1260
* DSV DSV.CO : Stifel cuts target price to DKK 1385 from DKK 1800
* DSV A/S DSV.CO : Barclays raises target price to DKK 1450 from DKK 1370
* Dufry AG DUFN.S : Stifel cuts target price to CHF 40 from CHF 44
* DWS Group Gmbh & Co KGaA DWSG.DE : Credit Suisse cuts target price to EUR 31 from EUR 32
* DWS Group Gmbh & Co KGaA DWSG.DE : Morgan Stanley cuts target to EUR 38.3 from EUR 39
* Ecora Resources Plc ECORE.L : Peel Hunt cuts target price to 225p from 230p
* Electrolux ELUXb.ST : Credit Suisse cuts target price to SEK 170 from SEK 178
* Epiroc AB EPIRa.ST : Bernstein raises target price to SEK 181 from SEK 177
* Evolution AB (Publ) EVOG.ST : Berenberg raises target price to SEK 1300 from SEK 1170
* Evolution AB (Publ) EVOG.ST : Citigroup raises price target to SEK 1500 from SEK 1335
* Evolution AB (Publ) EVOG.ST : Deutsche Bank raises target to SEK 1361 from SEK 1230
* Evolution AB (Publ) EVOG.ST : Morgan Stanley raises target to SEK 1730 from SEK 1680
* Ferrari RACE.MI : Citigroup raises price target to EUR 250 from EUR 236
* Ferrari RACE.MI : Jefferies raises target price to EUR 235 from EUR 225
* Friedrich Vorwerk Group SE VH2.DE : Berenberg cuts target price to EUR 14 from EUR 42
* Friedrich Vorwerk Group SE VH2.DE : Berenberg cuts to hold from buy
* Glencore GLEN.L : Bernstein cuts target price to 670p from 700p
* Gsk GSK.L : Morgan Stanley cuts target price to 1485p from 1520p
* Hansa Biopharma AB HNSA.ST : H.C. Wainwright raises target price to SEK 241 from SEK 208
* Hapag Lloyd AG HLAG.DE : Stifel cuts to sell from hold; cuts target EUR 175 from EUR 280
* Hugo Boss AG BOSSn.DE : Baader Helvea raises target price to EUR 72 from EUR 56
* Husqvarna AB HUSQb.ST : Berenberg raises target price to SEK 80 from SEK 75
* Iba IBAB.BR : KBC Securities ups PT to EUR 20.5 from EUR 19.0, reiterates "buy"
* IMI Plc IMI.L : RBC raises target price to 1900p from 1780p
* Inditex ITX.MC : Deutsche Bank raises target price to EUR 27 from EUR 23
* Inditex ITX.MC : Deutsche Bank raises to hold from sell
* Infineon Technologies AG IFXGN.DE : Barclays raises target price to EUR 48 from EUR 47
* Infineon Technologies AG IFXGn.DE : Berenberg raises target price to EUR 44 from EUR 40
* Infineon Technologies AG IFXGn.DE : Citigroup raises price target to EUR 47 from EUR 42
* Infineon Technologies AG IFXGn.DE : Cowen and Company raises PT to EUR 42 from EUR 40
* Infineon Technologies AG IFXGn.DE : Credit Suisse raises PT to EUR 49.10 from EUR 47.40
* Infineon Technologies AG IFXGn.DE : Jefferies raises target price to EUR 25 from EUR 20
* Infineon Technologies AG IFXGn.DE : Stifel raises target price to EUR 47 from EUR 45
* Infineon Technologies AG IFXGn.DE : Susquehanna raises target price to EUR 35 from EUR 33
* Infineon Technologies AG IFXGn.DE : UBS raises target price to EUR 47 from EUR 44
* ING Groep NV INGA.AS : UBS raises target price to EUR 17 from EUR 16.7
* Integrafin Holdings Plc IHPI.L : Berenberg raises target price to 340p from 320p
* Irish Residential Properties REIT IRES.I : Barclays cuts target to EUR 1.35 from EUR 1.45
* Italian Wine Brands ITWB.MI : Midcap cuts PT to EUR 43.3 from EUR 49.6, confirms buy rating
* IWG IWG.L : Barclays cuts target price to 170p from 190p
* IWG IWG.L : Barclays cuts to equal-weight from overweight
* JD Sports JD.L : Credit Suisse raises target price to 210p from 200p
* JD Sports JD.L : RBC raises target price to 210p from 185p
* JD Sports Fashion Plc JD.L : Barclays raises target price to 215p from 185p
* Kahoot ASA KAHOT.OL : Morgan Stanley cuts target price to NOK 25 from NOK 30
* Kingfisher Plc KGF.L : Deutsche Bank cuts target price to 260p from 275p
* Kingfisher Plc KGF.L : Deutsche Bank cuts to hold from buy
* Kingspan Group Plc KSP.I : Barclays raises target price to EUR 76 from EUR 54
* Kingspan Group Plc KSP.I : Barclays raises to overweight from underweight
* Konecranes ABP KCRA.HE : Inderes raises target to EUR 34.0 from EUR 29.0; rating accumulate
* KPN KPN.AS : UBS raises target price to EUR 3.1 from EUR 2.95
* Kuehne Und Nagel International AG KNIN.S : Stifel cuts to hold from buy
* Kuehne Und Nagel International AG KNIN.S : Stifel cuts target to CHF 238 from CHF 325
* L'Oreal OREP.PA : Stifel raises target price to EUR 405 from EUR 385
* Marks and Spencer Group MKS.L : Deutsche Bank raises target price to 210p from 145p
* Marks and Spencer Group MKS.L : Deutsche Bank raises to buy from hold
* Melexis MLXS.BR : Deutsche Bank raises target price to EUR 92 from EUR 84
* Melexis NV MLXS.BR : Berenberg raises target price to EUR 100 from EUR 90
* Melexis NV MLXS.BR : UBS raises target price to EUR 72 from EUR 67
* Michelin MICP.PA : Morgan Stanley raises target price to EUR 35 from EUR 34
* Nordea Bank Abp NDAFI.HE : Barclays raises target price to EUR 11.50 from EUR 10.70
* Nordea Bank Abp NDAFI.HE : Credit Suisse raises target price to EUR 11.3 from EUR 10.4
* NOS SA NOS.LS : Citigroup raises price target to EUR 4 from EUR 3.65
* Nrj Group SONO.PA : BNP Paribas Portzamparc ups PT to EUR 10.1 from EUR 9.9, maintains "buy" rating
* Oxford Nanopore Technologies Plc ONT.L : Stifel initiates coverage with hold rating
* Oxford Nanopore Technologies Plc ONT.L : Stifel initiates coverage with PT 270p
* Pets at Home PETSP.L : Deutsche Bank cuts to hold from buy
* Pets at Home PETSP.L : Deutsche Bank raises target price to 355p from 310p
* Pirelli & C SpA PIRC.MI : Morgan Stanley raises to overweight from equal-weight
* Provident Financial Plc PFG.L : Peel Hunt cuts target price to 293p from 377p
* Provident Financial Plc PFG.L : Peel Hunt cuts to hold from add
* Publicis PUBP.PA : JP Morgan raises target price to EUR 85 from EUR 82
* Publicis PUBP.PA : UBS raises target price to EUR 82 from EUR 71
* Publicis Groupe SA PUBP.PA : Barclays raises target price to EUR 85 from EUR 68
* Publicis Groupe SA PUBP.PA : Barclays raises to overweight from equal-weight
* Puma SE PUMG.DE : UBS raises target price to EUR 80 from EUR 70
* Rio Tinto RIO.L : Bernstein cuts target price to 5500p from 5700p
* Rockwool International A/S ROCKb.CO : Barclays raises target to DKK 2600 from DKK 1690
* Rockwool International A/S ROCKb.CO : Barclays raises to overweight from equal-weight
* Santander SAN.MC : Credit Suisse raises target price to EUR 4.5 from EUR 4.4
* Santander SAN.MC : Morgan Stanley raises target price to EUR 4.2 from EUR 3.9
* Santander SAN.MC : UBS raises target price to EUR 4.5 from EUR 4.2
* SGL Carbon SE SGCG.DE : Stifel raises target price to EUR 13 from EUR 9
* Siemens AG SIEGn.DE : Deutsche Bank raises target price to EUR 165 from EUR 155
* Siemens Healthineers AG SHLG.DE : Barclays cuts target price to EUR 62 from EUR 63
* Siemens Healthineers AG SHLG.DE : HSBC cuts target price to EUR 59 from EUR 60
* Siemens Healthineers AG SHLG.DE : JP Morgan raises target to EUR 67.20 from EUR 62.10
* Siemens Healthineers AG SHLG.DE : Morgan Stanley raises target to EUR 58 from EUR 57
* Siemens Healthineers AG SHLG.DE : UBS raises target price to EUR 60 from EUR 59
* SKF SKFb.ST : Citigroup raises price target to SEK 213 from SEK 175
* SKF SKFb.ST : JP Morgan raises target price to SEK 190 from SEK 180
* SKF SKFb.ST : RBC raises target price to SEK 240 from SEK 210
* SKF AB SKFB.ST : Barclays raises target price to SEK 180 from SEK 140
* Software AG SOWGn.DE : Deutsche Bank cuts target price to EUR 20 from EUR 25
* Software AG SOWGn.DE : Morgan Stanley cuts target price to EUR 24.5 from EUR 27
* SRV Yhtiot Oyj SRV1V.HE : Inderes cuts target price to EUR 4.40 from EUR 4.60
* SRV Yhtiot Oyj SRV1V.HE : Inderes cuts to reduce from accumulate
* SSAB AB SSABa.ST : Morgan Stanley cuts to equal weight from overweight
* SSAB AB SSABa.ST : Morgan Stanley raises target price to SEK 80 from SEK 79
* Tamtron Group Oyj TAMTRON.HE : Inderes raises to buy from accumulate; PT EUR 6.70
* Tate & Lyle TATE.L : Citigroup raises price target to 900p from 870p
* Telecom Italia TLIT.MI : Barclays raises target price to EUR 0.22 from EUR 0.16
* Telenor ASA TEL.OL : Barclays raises target price to NOK 120 from NOK 115
* Telia TELIA.ST : Bernstein cuts target price to SEK 22 from SEK 26.5
* Telia TELIA.ST : Bernstein cuts to underperform from market-perform
* UBS Group AG UBSG.S : Citigroup raises price target to CHF 22 from CHF 20
* UBS Group AG UBSG.S : Morgan Stanley raises target price to CHF 23 from CHF 20
* Valiant Holding AG VATN.S : Baader Helvea raises target price to CHF 119 from CHF 110
* Valmet Oyj VALMT.HE : Inderes raises target to EUR 34.0 from EUR 32.0; rating accumulate
* Valmet Oyj VALMT.HE : UBS raises target price to EUR 32 from EUR 29.5
* Vidrala SA VID.MC : Jefferies raises target price to EUR 74 from EUR 59
* Virgin Money UK Plc VMUK.L : Citigroup raises price target to 265p from 250p
* WH Smith SMWH.L : Deutsche Bank raises target price to 1870p from 1690p
* Wickes Group Plc WIX.L : Deutsche Bank cuts to hold from buy
* Wickes Group Plc WIX.L : Deutsche Bank raises target price to 160p from 150p
* Zalando ZALG.DE : Deutsche Bank raises target price to EUR 53 from EUR 33
(Compiled by Bengaluru Newsroom)
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