Europe Research Roundup: 4Imprint, Acciona, AJ Bell

Adevinta ASA

02/12/2022 09:16

Dec 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including 4Imprint, Acciona and AJ Bell on Friday. 
    HIGHLIGHTS
     * 4Imprint  FOUR.L : Berenberg raises to buy from hold
                 * AB Foods  ABF.L : Morgan Stanley assumes coverage with overweight vs equal-weight 
 
     * Acciona  ANA.MC : RBC cuts to underperform from sector perform 
     * AJ Bell  AJBA.L : Jefferies raises to buy from hold; raises target price to 450p from 290p
                 * Marks and Spencer Group  MKS.L : Morgan Stanley resumes coverage with equal-weight rating
 
 Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order. 
     * 4Imprint  FOUR.L : Berenberg raises target price to 4,800p from 2,700p
     * 4Imprint  FOUR.L : Berenberg raises to buy from hold
                 * Aallon Group Oyj  AALLON.HE : Inderes raises target to EUR 12.0 from EUR 11.5; rating buy 
 
                 * AB Foods  ABF.L : Goldman Sachs raises to neutral from sell; raises PT to 1,900p from 1,460p 
 
                 * AB Foods  ABF.L : Morgan Stanley assumes coverage with overweight vs equal-weight 
 
                 * AB Foods  ABF.L : Morgan Stanley assumes coverage with target price 1,900p vs 1,850p 
 
     * ABN Amro Bank NV  ABNd.AS : Jefferies raises target price to EUR 13.20 from EUR 11
     * Acciona  ANA.MC : RBC cuts target price to EUR 170 from EUR 190
     * Acciona  ANA.MC : RBC cuts to underperform from sector perform 
     * Acciona Energia  ANE.MC : RBC cuts target price to EUR 41 from EUR 46
     * Acciona Energia  ANE.MC : RBC cuts to sector perform from outperform 
     * Adevinta ASA  ADEA.OL : JP Morgan cuts target price to NOK 77 from NOK 87
     * Adevinta ASA  ADEA.OL : JP Morgan cuts to neutral from overweight
     * Air France-KLM  AIRF.PA : JP Morgan initiates coverage with neutral rating
     * Air France-KLM  AIRF.PA : JP Morgan initiates coverage with target price EUR 1.3
     * AJ Bell  AJBA.L : Jefferies raises to buy from hold; raises target price to 450p from 290p
     * Auction Technology Group Plc  ATG.L : JP Morgan cuts target price to 911p from 973p
     * Auto Trader  AUTOA.L : JP Morgan raises target price to 550p from 528p
     * Auto1 Group SE  AG1G.DE : JP Morgan raises target price to EUR 11.70 from EUR 8.20
                 * BT  BT.L : Citigroup cuts price target to 130p from 185p 
 
     * Caixabank  CABK.MC : JP Morgan raises target price to EUR 3.90 from EUR 3.50
                 * Chariot Ltd  CHARC.L : Stifel initiates coverage with buy rating; target price 54p 
 
                 * Colruyt NV  COLR.BR : Morgan Stanley resumes coverage with underweight rating; PT EUR 25.9 
 
     * Deliveroo Plc  ROO.L : JP Morgan raises target price to 94p from 89p
     * Delivery Hero SE  DHER.DE : JP Morgan raises target price to EUR 63 from EUR 55
     * Deutsche Lufthansa AG  LHAG.DE : JP Morgan initiates coverage with overweight rating
     * Deutsche Lufthansa AG  LHAG.DE : JP Morgan initiates coverage with target price EUR 9.8
     * Diploma Plc  DPLM.L : Peel Hunt raises target price to 3,150p from 3,000p
     * EDPR  EDPR.LS : RBC cuts target price to EUR 19 from EUR 21
     * EDPR  EDPR.LS : RBC cuts to underperform from sector perform
                 * Enagas  ENAG.MC : RBC cuts target price to EUR 13 from EUR 16 
 
                 * Endomines AB (Publ)  ENDO.ST : Evli Research cuts target price to SEK 59 from SEK 64 
 
     * Essilorluxottica SA  ESLX.PA : HSBC raises target price to EUR 210 from EUR 195
     * Ferrexpo  FXPO.L : Liberum cuts target price to 250p from 275p
     * Future Plc  FUTR.L : JP Morgan raises target price to 2,560p from 2,500p
                 * H&M  HMb.ST : Goldman Sachs raises to neutral from sell; raises PT to SEK 135 from SEK 115 
 
                 * H&M  HMb.ST : Morgan Stanley assumes coverage with underweight rating; PT SEK 91 vs SEK 122 
 
     * Hellofresh SE  HFGG.DE : JP Morgan raises target price to EUR 27 from EUR 23
                 * IAG  ICAG.MC : JP Morgan raises target price to EUR 1.7 from EUR 1.45 
 
                 * Inditex  ITX.MC : Morgan Stanley assumes coverage with equal-weight rating
 
                 * Inditex  ITX.MC : Morgan Stanley assumes coverage with target price EUR 27 vs EUR 24.5 
 
     * ING Groep NV  INGA.AS : Jefferies cuts target price to EUR 16.20 from EUR 16.30
     * JCDecaux  JCDX.PA : JP Morgan raises target price to EUR 15.10 from 12.10
     * Johnson Matthey Plc  JMAT.L : HSBC raises target price to 2,150p from 2,050p
     * Just Eat Takeaway.com  JETJ.L : JP Morgan raises target price 1,913p from 1,436p
     * Just Eat Takeaway.com  JETJ.L : JP Morgan raises to neutral from underweight
     * Kahoot ASA  KAHOT.OL : JP Morgan raises target price to NOK 33 from NOK 29
     * KBC Groep NV  KBC.BR : Jefferies raises target price to EUR 70 from EUR 69
                 * Kerry Group Plc  KYGa.I : Citigroup cuts to neutral from buy
 
                 * Kerry Group Plc  KYGa.I : Citigroup cuts price target to EUR 100 from EUR 113 
 
                 * Kingfisher  KGF.L : Deutsche Bank cuts target price to 275p from 280p 
 
                 * Kingspan Group  KSP.I : Barclays raises target price to EUR 54 from EUR 48 
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : Morgan Stanley resumes with overweight rating
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : Morgan Stanley resumes with PT EUR 35.71 
 
                 * Marks and Spencer Group  MKS.L : Morgan Stanley resumes coverage with equal-weight rating
 
                 * Marks and Spencer Group  MKS.L : Morgan Stanley resumes coverage with target price 146p 
 
                 * Metro AG  B4B.DE : Morgan Stanley resumes coverage with equal-weight rating; PT EUR 8.83 
 
                 * Next Plc  NXT.L : Morgan Stanley initiates coverage with equal-weight rating and 5,575p PT
 
     * Ocado  OCDO.L : JP Morgan raises target price to 550p from 500p
                 * Piippo Oyj  PIIPPO.HE : Inderes raises to reduce from sell; target price EUR 3.00 
 
     * PZU  PZU.WA : HSBC raises target price to PLN 35 from PLN 32.2
     * Red Electrica Corporacion SA  REDE.MC : RBC cuts target price to EUR 20 from EUR 21
     * Ren Redes Energeticas Nacionais SA  RENE.LS : RBC cuts PT to EUR 2.20 from EUR 2.40
                 * Ren Redes Energeticas Nacionais SA  RENE.LS : RBC cuts target to EUR 2.2 from EUR 2.4 
 
     * Rightmove  RMV.L : JP Morgan raises target price to 590p from 497p
                 * Rio Tinto  RIO.L : Citigroup cuts to neutral from buy; cuts PT to 5,800p from 6,000p 
 
                 * Sainsbury  SBRY.L : Morgan Stanley resumes coverage with underweight rating; PT 220p 
 
     * Saipem SpA  SPMI.MI : JP Morgan raises target price to EUR 1.95 from EUR 1.75
     * Schibsted ASA  SCHA.OL : JP Morgan cuts target price to NOK 177 from NOK 187
     * Scout24 SE  G24n.DE : JP Morgan raises target price to EUR 64 from EUR 62
                 * Siemens Healthineers AG  SHLG.DE : Berenberg raises target price to EUR 58 from EUR 54 
 
     * Stroeer  SAXG.DE : JP Morgan raises target price to EUR 46 from EUR 41
     * Technip Energies NV  TE.PA : JP Morgan raises target price to EUR 18.50 from EUR 15.50
                 * Tesco  TSCO.L : Morgan Stanley resumes coverage with equal-weight rating; PT 263p 
 
     * THG Plc  THG.L : JP Morgan raises target price to 54p from 42p
                 * Topdanmark  TOP.CO : Berenberg cuts target price to DKK 378 from DKK 380 
 
     * Trainline  TRNT.L : JP Morgan cuts target price to 343p from 403p
                 * United Utilities  UU.L : Morgan Stanley raises target price to 1,010p from 990p 
 
                 * UPM-Kymmene Oyj  UPM.HE : Citigroup raises price target to EUR 45 from EUR 41 
 
                 * Vodafone  VOD.L : New Street Research cuts target price to 160p from 170p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))