Europe Research Roundup: Londonmetric, Segro, Tritax Big Box

Aker Carbon Capture ASA

26/10/2021 16:18

Oct 26 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Londonmetric, Segro and Tritax Big Box on Tuesday. 
    
    HIGHLIGHTS      
    
     * DS Smith  SMDS.L : Morgan Stanley initiates coverage with overweight rating
     * Kindred Group Plc  KINDsdb.ST : Deutsche Bank initiates coverage with buy rating
     * Londonmetric  LMPL.L : Berenberg initiates with hold rating and 270p price target
     * Segro  SGRO.L : Berenberg initiates with buy rating and 1,500p price target
     * Tritax Big Box  BBOXT.L : Berenberg initiates with buy rating and 250p price target
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.

     * Aareal Bank AG  ARLG.DE : Deutsche Bank raises target price to EUR 27 from EUR 22 
     * ABN Amro Bank NV  ABNd.AS : Barclays raises target price to EUR 15.6 from EUR 13.7
     * ADP  ADP.PA : JP Morgan raises target price to EUR 100 from EUR 97
     * Air Liquide  AIRP.PA : Cowen and Company raises target price to EUR 195 from EUR 175
     * Air Liquide  AIRP.PA : Deutsche Bank raises target price to EUR 163 from EUR 162 
     * Aker BP ASA  AKRBP.OL : Barclays raises target price to NOK 360 from NOK 340
     * Aker BP ASA  AKRBP.OL : DNB Markets cuts to hold from buy
     * Aker BP ASA  AKRBP.OL : DNB Markets raises target price to NOK 350 from NOK 285
     * Aker Carbon Capture ASA  ACCA.OL : Berenberg cuts to hold from buy
     * Aker Carbon Capture ASA  ACCA.OL : Berenberg raises price target to NOK 29 from NOK 27
     * Aker Carbon Capture ASA  ACCA.OL : Fearnley Securities cuts to sell from buy
     * Aker Carbon Capture ASA  ACCA.OL : Fearnley Securities raises PT to NOK 12 from NOK 11 
     * Anglo American  AAL.L : RBC cuts target price to 3,300p from 3,450p 
     * Antofagasta  ANTO.L : RBC cuts target price to 1,300p from 1,350p 
     * Atlantia  ATL.MI : UBS raises target price to EUR 18.8 from EUR 18.2 
     * Barclays  BARC.L : UBS raises target price to 250p from 220p 
     * Betsson AB  BETSb.ST : Deutsche Bank initiates coverage with sell rating; PT SEK 52 
     * Bigben Interactive SA  BGBN.PA : Midcap Partners cuts PT to EUR 19 from EUR 26, rating buy
     * CD Projekt SA  CDR.WA : BofA Global Research reinstates coverage with underperform rating
     * CD Projekt SA  CDR.WA : BofA Global Research reinstates coverage with price objective PLN 120
     * Continental AG  CONG.DE : Morgan Stanley cuts target price to EUR 92 from EUR 97 
     * Croda  CRDA.L : HSBC raises target price to 10,400p from 9,300p
     * Devoteam  DVTM.PA : Midcap Partners Changes Recommendation to tender to the castillon offer,
 from buy, PT EUR 168.5 
     * DS Smith  SMDS.L : Morgan Stanley initiates coverage with overweight rating
     * DS Smith  SMDS.L : Morgan Stanley initiates coverage with target price 450p 
     * Embracer Group AB  EMBRACb.ST : BofA Global Research initiates coverage with price objective
 SEK 70 
     * Embracer Group AB  EMBRACb.ST : BofA Global Research initiates coverage with underperform
 rating
     * Epiroc AB  EPIRa.ST : Berenberg raises target price to SEK 215 from SEK 205
     * Erste Group Bank AG  ERST.VI : JP Morgan raises target price to EUR 48 from EUR 42
     * Essilorluxottica SA  ESLX.PA : HSBC raises target price to EUR 180 from EUR 170
     * Evolution AB (Publ)  EVOG.ST : Deutsche Bank initiates coverage with hold rating
     * Evolution AB (Publ)  EVOG.ST : Deutsche Bank initiates coverage with target SEK 1550 
     * FMC AG  FMEG.DE : Berenberg cuts target price to EUR 78.20 from EUR 79.50
     * FMC AG  FMEG.DE : Deutsche Bank cuts target price to EUR 62 from EUR 67 
     * Fresenius SE  FREG.DE : Deutsche Bank cuts target price to EUR 42 from EUR 43 
     * Galp Energia SA  GALP.LS : RBC cuts target price to EUR 11.50 from EUR 12
     * Hermes  HRMS.PA : Citigroup raises price target to EUR 1427 from EUR 1367 
     * Hermes  HRMS.PA : Stifel raises target price to EUR 1250 from EUR 1200
     * Hochschild  HOCM.L : RBC cuts target price to 250p from 260p 
     * Hollywood Bowl Group Plc  BOWL.L : Berenberg raises target price to 300p from 280p
     * HSBC  HSBA.L : Independent Research raises target price to 450p from 425p; rating hold 
     * Hummingbird Resources Plc  HUMR.L : Canaccord Genuity cuts target price to 25p from 35p 
     * Iberdrola  IBE.MC : Deutsche Bank cuts target price to EUR 11 from EUR 11.4 
     * ID Logistics SAS  IDLA.PA : Midcap Partners ups PT to EUR 347 from EUR 333 ; rating buy
     * IG Design Group Plc  IGRI.L : Canaccord Genuity cuts target price to 620p from 790p 
     * Industrials REIT Ltd  MLII.L : Berenberg initiates with buy rating and 220p price target
     * Inficon Holding AG  IFCN.S : Stifel raises target price to CHF 1,150 from CHF 1,080 
     * ING Groep NV  INGA.AS : Barclays raises target price to EUR 10 from EUR 9
     * Interparfums SA  IPAR.PA : Bryan Garnier raises target price to EUR 65 from EUR 55 
     * Interparfums SA  IPAR.PA : Midcap Partners ups PT to EUR 75 from EUR 66.6 ; rating buy 
     * James Fisher and Sons  FSJ.L : Peel Hunt cuts target price to 550p from 1,150p 
     * James Fisher and Sons  FSJ.L : Peel Hunt cuts to hold from buy
     * Jenoptik AG  JENGn.DE : HSBC raises target price to EUR 38 from EUR 37
     * Jungheinrich AG  JUNG_p.DE : Berenberg raises target price to EUR 54 from EUR 53 
     * KBC Groep NV  KBC.BR : Barclays raises target price to EUR 66 from EUR 59.9
     * Kin and Carta Plc  KCT.L : Peel Hunt raises target price to 370p from 350p 
     * Kindred Group Plc  KINDsdb.ST : Deutsche Bank initiates coverage with buy rating
     * Kindred Group Plc  KINDsdb.ST : Deutsche Bank initiates coverage with target SEK 156 
     * Koninklijke Vopak NV  VOPA.AS : ING cuts target price to EUR 51 from EUR 55 
     * Lisi SA  GFII.PA : Stifel cuts target price to EUR 26 from EUR 27 
     * Londonmetric  LMPL.L : Berenberg initiates with hold rating and 270p price target
     * Londonmetric  LMPL.L : JP Morgan raises target price to 300p from 275p
     * L'Oreal  OREP.PA : CFRA raises target price by EUR 40 to EUR 400
     * L'Oreal  OREP.PA : HSBC raises target price to EUR 374 from EUR 360
     * Lse  LSEG.L : Morgan Stanley cuts target price to 8959p from 9190p 
     * Lundin Energy AB  LUNE.ST : Barclays raises target price to SEK 420 from SEK 400
     * Lundin Energy AB  LUNE.ST : DNB Markets raises target price to SEK 350 from SEK 275 
     * Marel HF  MARL.AS : Citigroup cuts price target to EUR 7 from EUR 7.4 
     * Michelin  MICP.PA : Citigroup raises price target to EUR 165 from EUR 160 
     * Michelin  MICP.PA : JP Morgan cuts target price to EUR 150 from EUR 160
     * Norsk Hydro ASA  NHY.OL : JP Morgan raises target price to NOK 74 from NOK 73 
     * Ocado  OCDO.L : Credit Suisse cuts target price to 1500p from 1550p
     * Pennon Group Plc  PNN.L : JP Morgan cuts target price to 1,175p from 1,575p
     * Pernod Ricard  PERP.PA : Independent Research ups PT to EUR 210 from EUR 195; rating hold 
     * Raiffeisen Bank International AG  RBIV.VI : Deutsche Bank ups PT to EUR 24 from EUR 19 
     * Reckitt  RKT.L : RBC raises target price to 6,200p from 6,000p 
     * Renishaw Plc  RSW.L : Stifel raises to buy from hold 
     * Rio Tinto  RIO.L : JP Morgan cuts target price to 6,000p from 6,800p
     * SEB AB  SEBa.ST : Citigroup raises price target to SEK 129 from SEK 117 
     * Segro  SGRO.L : Berenberg initiates with buy rating and 1,500p price target
     * Sika AG  SIKA.S : CFRA raises target price to CHF 360 from CHF 330
     * SKF  SKFb.ST : JP Morgan cuts target price to SEK 240 from SEK 250 
     * Smurfit Kappa  SKG.L : Morgan Stanley initiates coverage with equal weight rating
     * Smurfit Kappa  SKG.L : Morgan Stanley initiates coverage with target price 4200p 
     * Softcat Plc  SCTS.L : Jefferies raises target price to 2310p from 2110p 
     * Software AG  SOWGn.DE : UBS raises target price to EUR 44.5 from EUR 44 
     * SSAB AB  SSABa.ST : Barclays raises target price to SEK 65 from SEK 61
     * SSAB AB  SSABa.ST : Deutsche Bank raises target price to SEK 62 from SEK 60 
     * SSAB AB  SSABa.ST : JP Morgan cuts target price to SEK 58 from SEK 60
     * SSAB AB  SSABb.ST : JP Morgan cuts target price to SEK 50.60 from SEK 52
     * Stora Enso Oyj  STERV.HE : Morgan Stanley initiates coverage with target price EUR 12.5 
     * Stora Enso Oyj  STERV.HE : Morgan Stanley initiates coverage with underweight rating
     * Symrise AG  SY1G.DE : Independent Research raises PT to EUR 103 from EUR 99; rating sell 
     * Telecom Italia  TLIT.MI : JP Morgan cuts target price to EUR 0.47 from EUR 0.5 
     * Telefonica  TEF.MC : Citigroup raises price target to EUR 3.8 from EUR 3.7 
     * Thales  TCFP.PA : CFRA cuts target price to EUR 91 from EUR 110 
     * Thales  TCFP.PA : CFRA cuts to hold from buy 
     * THG Plc  THG.L : Barclays cuts target price to 660p from 675p 
     * THG Plc  THG.L : Jefferies cuts target price to 700p from 920p 
     * Tritax Big Box  BBOXT.L : Berenberg initiates with buy rating and 250p price target
     * Tritax Eurobox Plc  EBOX.L : Berenberg initiates with buy rating and 130p price target
     * Ubisoft  UBIP.PA : BofA Global Research reinstates coverage with price objective EUR 41 
     * Ubisoft  UBIP.PA : BofA Global Research reinstates coverage with underperform rating
     * UBS Group AG  UBSG.S : BofA Global Research ups price objective to CHF 18.40 from CHF 17.40 
     * Unilever  ULVR.L : Independent Research cuts target to 4000p from 4200p; rating hold 
     * UPM-Kymmene Oyj  UPM.HE : Morgan Stanley initiates coverage with equal weight rating
     * UPM-Kymmene Oyj  UPM.HE : Morgan Stanley initiates coverage with target price EUR 36 
     * Urban Logistics REIT Plc  SHED.L : Berenberg initiates with buy rating and 200p price target
     * Warehouse REIT Plc  WHRW.L : Berenberg initiates with buy rating and 200p price target
     * Wulff Yhtiot Oyj  WUF1V.HE : Inderes ups PT to EUR 5.80 from EUR 5.50; rating accumulate 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))