Europe Research Roundup: About You Holding SE, Fortum Oyj, Pearson

ABOUT YOU Holding SE

21/06/2022 08:34

June 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including About You Holding SE, Fortum Oyj and Pearson, on Tuesday. 
    
    HIGHLIGHTS  
     * About You Holding SE  YOUG.DE : JP Morgan cuts to neutral from overweight
     * Ferrovial  FER.MC : Citigroup raises to neutral from sell
     * Fortum Oyj  FORTUM.HE : Inderes raises to accumulate from reduce
     * ITM Power Plc  ITM.L : Morgan Stanley cuts to underweight from equal-weight
     * Pearson  PSON.L : Deutsche Bank raises to buy from hold
    
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * AB Foods  ABF.L : JP Morgan cuts to neutral from overweight; cuts PT to 1900p from 1940p
     * About You Holding SE  YOUG.DE : JP Morgan cuts to neutral from overweight
     * About You Holding SE  YOUG.DE : JP Morgan cuts target price to EUR 22 from EUR 29
     * Air Liquide  AIRP.PA : Morgan Stanley cuts target price to EUR 135 from EUR 140.91
     * Akzo Nobel NV  AKZO.AS : Morgan Stanley cuts target price to EUR 104 from EUR 110
     * Asos Plc  ASOS.L : JP Morgan cuts to neutral from overweight; cuts PT to 1500p from 2900p
     * at & S  ATSV.VI : Jefferies raises target price to EUR 80 from EUR 78
     * Begbies Traynor Group Plc  BEG.L : Stifel raises target price to 172p from 155p
     * Besi  BESI.AS : Berenberg cuts target price to EUR 55 from EUR 65
     * Boohoo  BOOH.L : JP Morgan cuts to neutral from overweight; cuts PT to 85p from 190p
     * Dassault Systemes  DAST.PA : Jefferies cuts target price to EUR 28 from EUR 33
     * Deutsche Boerse AG  DB1Gn.DE : Credit Suisse cuts target price to EUR 160 from EUR 172
     * DS Smith  SMDS.L : JP Morgan cuts target price to 500p from 594p
     * DSM  DSMN.AS : Stifel raises target price to EUR 184 from EUR 181
     * EasyJet  EZJ.L : HSBC cuts target price to 750p from 800p
     * EasyJet  EZJ.L : Morgan Stanley cuts target price to 700p from 800p
     * Ferrovial  FER.MC : Citigroup raises to neutral from sell
     * Ferrovial  FER.MC : Citigroup raises price target to EUR 26.3 from EUR 24
     * Flutter Entertainment Plc  FLTRF.L : Deutsche Bank raises PT to 13820p from 13450p
     * Fortum Oyj  FORTUM.HE : Inderes raises to accumulate from reduce
     * Fortum Oyj  FORTUM.HE : Inderes raises target price to EUR 18.0 from EUR 16.0
     * Halma  HLMA.L : HSBC raises target price to 2105p from 2085p
     * Hemnet Group AB (Publ)  HEM.ST : Morgan Stanley cuts target price to SEK 155 from SEK 172
     * Hiscox  HSX.L : Credit Suisse cuts target price to 1215p from 1250p
     * IMI  IMI.L : HSBC cuts target price to 1770p from 2295p
     * Industrials REIT Ltd  MLII.L : Berenberg cuts target price to 215p from 225p
     * ITM Power Plc  ITM.L : Morgan Stanley cuts to underweight from equal-weight
     * ITM Power Plc  ITM.L : Morgan Stanley cuts target price to 180p from 470p
     * Mediclinic  MDCM.L : Berenberg starts with hold rating; target price 464p
     * Melexis NV  MLXS.BR : Berenberg cuts target price to EUR 80 from EUR 100
     * Mithra Pharmaceuticals SA  MITRA.BR : Berenberg cuts target price to EUR 31 from EUR 41
     * Natwest Group Plc  NWG.L : Citigroup cuts target price to 380p from 410p
     * Nel ASA  NEL.OL : Morgan Stanley cuts target price to NOK 13 from NOK 22
     * Neste  OYJ : Inderes cuts to reduce from accumulate; target price EUR 44.0
     * ON the Beach Group Plc  OTB.L : Jefferies cuts target price to 190p from 240p
     * Orange Belgium SA  OBEL.BR : Citigroup cuts price target to EUR 19.5 from EUR 20.1
     * Pearson  PSON.L : Deutsche Bank raises target price to 900p from 625p
     * Pearson  PSON.L : Deutsche Bank raises to buy from hold
     * Pennon Group Plc  PNN.L : Jefferies cuts target price to 840p from 900p
     * Pernod Ricard  PERP.PA : HSBC cuts target price to EUR 192 from EUR 197
     * PZ Cussons  PZC.L : Barclays raises target price to 260p from 237p
     * Rightmove  RMV.L : Citigroup cuts target price to 565p from 690p
     * RWE AG  RWEG.DE : Credit Suisse raises target price to EUR 44.5 from EUR 40.5
     * Soitec SA  SOIT.PA : Berenberg cuts target price to EUR 270 from EUR 280
     * Spire Healthcare Group Plc  SPI.L : Berenberg starts with buy rating; target price 300p
     * Swatch Group AG  UHR.S : Morgan Stanley cuts target price to CHF 246 from CHF 254
     * Telecom Plus  TEP.L : Peel Hunt raises target price to 1950p from 1750p
     * Teleste Oyj  TLT1V.HE : Inderes cuts target price to EUR 3.9 from EUR 4.3; reduce
     * Trident Royalties  TRR.L : Liberum initiates coverage with buy rating; target price 65p
     * TUI AG  TUIGN.DE : HSBC cuts target price to EUR 1.8 from EUR 2.4
     * United Utilities  UU.L : Jefferies cuts target price to 950p from 1000p
     * Vonovia SE  VNAn.DE : Citigroup cuts price target to EUR 70.6 from EUR 73.5
     * Whitbread  WTB.L : Citigroup raises target price to 3910p from 3770p
     * Zalando SE  ZALG.DE : Credit Suisse cuts target price to EUR 35 from EUR 43
    

 (Compiled by Bengaluru Newsroom)
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