Europe Research Roundup: Borregaard, Fresenius, Porsche

Addiko Bank AG

18/08/2022 08:01

Aug 18 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Borregaard, Fresenius and Porsche, on Thursday. 
    
    HIGHLIGHTS  
     * Borregaard ASA  BRGB.OL : Berenberg cuts to hold from buy
     * Fresenius SE  FREG.DE : Berenberg cuts target price to EUR 54.95 from EUR 60.25
     * Porsche SE  PSHG_p.DE : Jefferies cuts target price to EUR 80 from EUR 93
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
     * ASOS Plc  ASOS.L : Citigroup cuts price target to 900p from 1000p
     * Addiko Bank AG  ADKO.VI : Citigroup cuts price target to EUR 11.6 from EUR 11.8
     * Bank of Georgia  BGEO.L : Peel Hunt raises target price to 2487p from 2287p
     * Borregaard ASA  BRGB.OL : Berenberg cuts to hold from buy
     * Borregaard ASA  BRGB.OL : Berenberg cuts target price to NOK 150 from NOK 230
     * Bystronic AG  BYS.S : Credit Suisse cuts target price to CHF 930 from CHF 1175
     * Carlsberg  CARLb.CO : Bernstein raises target price to DKK 1125 from DKK 1100
     * Carlsberg  CARLb.CO : Credit Suisse raises target price to DKK 1160 from DKK 1130
     * Centamin Plc  CEY.L : RBC raises target price to 165p from 155p
     * Coloplast  COLOb.CO : JP Morgan cuts target price to DKK 798 from DKK 980
     * Covestro AG  1COV.DE : HSBC cuts target price to EUR 48 from EUR 57
     * Fresenius SE  FREG.DE : Berenberg cuts target price to EUR 54.95 from EUR 60.25
     * Games Workshop  GAW.L : Jefferies cuts target price to 9700p from 10300p
     * Genuit Group Plc  GENG.L : Peel Hunt cuts target price to 500p from 590p
     * Hochschild  HOCM.L : JP Morgan cuts target price to 180p from 185p
     * Imperial Brands  IMB.L : Jefferies raises target price to 2,052p from 1,899p
     * Just Group  JUSTJ.L : Peel Hunt cuts target price to 118p from 125p
     * LSE  LSEG.L : RBC raises target price to 10,500p from 10,300p
     * NX Filtration NV  NXFIL.AS : Berenberg cuts target price to EUR 16 from EUR 18
     * Porsche SE  PSHG_p.DE : Jefferies cuts target price to EUR 80 from EUR 93
     * Telecom Italia  TLIT.MI : Jefferies cuts target price to EUR 0.34 from EUR 0.44
     * Wienerberger AG  WBSV.VI : HSBC cuts target price to EUR 40 from EUR 46
   

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))