Europe Research Roundup: Alstom, Coca Cola HBC, Michelin

Aareal Bank AG

15/02/2023 06:52

Feb 15 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Alstom, Coca Cola HBC and Michelin, on Wednesday. 
    HIGHLIGHTS  
     * Alstom  ALSO.PA : HSBC raises target price to EUR 34 from EUR 30
     * Coca Cola HBC  CCH.L : Jefferies raises target price to 2800p from 2500p
     * Michelin  MICP.PA : 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.
     * 1&1 AG  1U1.DE : HSBC cuts target price to EUR 13.5 from EUR 15.5
     * Aareal Bank  ARLG.DE : HSBC raises target price to EUR 33 from EUR 32
     * Aker BP ASA  AKRBP.OL : Jefferies cuts target price to NOK 325 from NOK 335
     * Alfa Laval  ALFA.ST : Credit Suisse raises target price to SEK 315 from SEK 275
     * Alstom  ALSO.PA : HSBC raises target price to EUR 34 from EUR 30
     * Amplifon SpA  AMPF.MI : JP Morgan cuts target price to EUR 33 from EUR 34
     * Beneteau SA  CHBE.PA : Berenberg raises target price to EUR 22 from EUR 21
     * Bouygues  BOUY.PA : HSBC cuts target price to EUR 37 from EUR 41
     * Carlsberg A/S  CARLB.CO : HSBC raises target price to DKK 1010 from DKK 980
     * Carrefour  CARR.PA : Jefferies raises target price to EUR 21 from EUR 19
     * Ceconomy  CECG.DE : HSBC raises target price to EUR 1.8 from EUR 1.2
     * Cellnex Telecom SA  CLNX.MC : Jefferies raises target price to EUR 52 from EUR 40
     * Coca Cola HBC  CCH.L : Jefferies raises target price to 2800p from 2500p
     * Continental AG  CONG.DE : HSBC raises target price to EUR 80 from EUR 71
     * Essity AB (Publ)  ESSITYb.ST : HSBC raises target price to SEK 320 from SEK 300
     * Faurecia  EPED.PA : HSBC raises target price to EUR 21 from EUR 16
     * Hella KGaA Hueck & Co  HLE.DE : HSBC raises target price to EUR 78 from EUR 60
     * Lancashire Holdings  LRE.L : HSBC raises target price to 675p from 660p
     * Michelin  MICP.PA : HSBC cuts target price to EUR 29.5 from EUR 30
     * Michelin  MICP.PA : HSBC cuts to hold from buy
     * MTU Aero Engines AG  MTXGn.DE : Vertical Research Partners ups PT to EUR 235 from EUR 234
     * Norsk Hydro ASA  NHY.OL : JP Morgan raises target price to NOK 66 from NOK 64
     * Orsted A/S  ORSTED.CO : Berenberg cuts target price to DKK 760 from DKK 800
     * Pirelli & C SpA  PIRC.MI : HSBC raises target price to EUR 5.4 from EUR 4.9
     * Schaeffler AG  SHA_p.F : HSBC raises target price to EUR 7.7 from EUR 5.8
     * Seaway 7 ASA  SEAW7.OL : Jefferies cuts target price to NOK 4.5 from NOK 6
     * Spectris Plc  SXS.L : JP Morgan raises target price to 3100p from 3050p
     * ThyssenKrupp  TKAG.DE : JP Morgan raises to neutral from underweight
     * ThyssenKrupp  TKAG.DE : JP Morgan raises target price to EUR 5.90 from EUR 5.70
     * United Internet  UTDI.DE : HSBC cuts target price to EUR 25 from EUR 26.5
     * Valeo  VLOF.PA : HSBC raises target price to EUR 21 from EUR 17.5
     * Vitesco Technologies Group AG  VTSCn.F : HSBC raises target price to EUR 73 from EUR 60
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))