Europe Research Roundup: Adidas, Drax Group, Pandora

Addiko Bank AG

10/11/2022 07:02

Nov 10 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adidas, Drax Group and Pandora, on Thursday. 
    HIGHLIGHTS  
     * Adidas AG  ADSGn.DE : Wedbush raises target price to EUR 111 from EUR 102
     * Covestro AG  1COV.DE : HSBC cuts to hold from buy
     * Drax Group Plc  DRX.L : Credit Suisse raises to neutral from underperform
     * Idorsia Ltd  IDIA.S : Credit Suisse cuts to neutral from outperform
     * Pandora  PNDORA.CO : RBC raises target price to DKK 460 from DKK 440
 Following is a summary of research actions on European companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.
     * ABN Amro Bank NV  ABNd.AS : RBC raises target price to EUR 13 from EUR 12.25
     * Addiko Bank AG  ADKO.VI : Citigroup raises price target to EUR 12.5 from EUR 11.6
     * Adidas AG  ADSGn.DE : Wedbush raises target price to EUR 111 from EUR 102
     * Ageas SA  AGES.BR : JP Morgan cuts target price to EUR 34 from EUR 37
     * Aviva  AV.L : JP Morgan raises target price to 535p from 510p
     * BPER Banca  EMII.MI : HSBC raises target price to EUR 3.1 from EUR 2.9
     * Covestro AG  1COV.DE : HSBC cuts target price to EUR 40 from EUR 48
     * Covestro AG  1COV.DE : HSBC cuts to hold from buy
     * Drax Group Plc  DRX.L : Credit Suisse raises to neutral from underperform
     * Drax Group Plc  DRX.L : Credit Suisse cuts target price to 570p from 625p
     * Firstgroup Plc  FGP.L : JP Morgan cuts target price to 129p from 149p
     * Idorsia Ltd  IDIA.S : Credit Suisse cuts to neutral from outperform
     * Idorsia Ltd  IDIA.S : Credit Suisse cuts target price to CHF 15 from CHF 21
     * Inpost SA  INPST.AS : JP Morgan raises target price to EUR 10.3 from EUR 10.2
     * Mediobanca  MDBI.MI : HSBC raises target price to EUR 10.2 from EUR 9.2
     * Pandora  PNDORA.CO : RBC raises target price to DKK 460 from DKK 440
     * Scor  SCOR.PA : JP Morgan raises target price to EUR 16.5 from EUR 16
     * Siemens Healthineers AG  SHLG.DE : JP Morgan cuts PT to EUR 62.1 from EUR 63.1
     * Trifork Holding AG  TRIFOR.CO : Credit Suisse cuts PT to DKK 179 from DKK 204
     * Voestalpine AG  VOES.VI : JP Morgan raises PT to EUR 19.6 from EUR 18.9
     * Watches of Switzerland  WOSG.L : Credit Suisse raises PT to 1085p from 1075p
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))