Europe Research Roundup: Britvic, Burberry, Prudential

Aker Solutions ASA

16/07/2024 08:24

July 16 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Britvic, Burberry, and Prudential, on Tuesday. 
    
    HIGHLIGHTS
                 * Auction Technology Group  ATG.L : RBC initiates coverage with sector perform rating; PT 540p 
 
                 * Britvic  BVIC.L : HSBC raises target price to 1290p from 1100p 
 
                 * Burberry  BRBY.L : JP Morgan cuts target price to 800p from 1050p 
 
                 * Prudential  PRU.L : JP Morgan cuts target price to 1330p from 1380p 
 
                 * Victrex Plc  VCTX.L : HSBC cuts target price to 1300p from 1450p 
 
     
  
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
                 * Acerinox  ACX.MC : JP Morgan raises target price to EUR 8.3 from EUR 8.2 
 
                 * Adecco Group AG  ADEN.S : Jefferies cuts target price to CHF 31 from CHF 33 
 
                 * Airtel Africa  AAF.L : JP Morgan raises target price to 139p from 105p 
 
                 * Airtel Africa  AAF.L : JP Morgan raises to overweight from neutral 
 
                 * Aker Solutions ASA  AKSOA.OL : RBC raises target price to NOK 53 from NOK 45 
 
                 * Aperam SA  APAM.AS : JP Morgan cuts target price to EUR 20.8 from EUR 25.4 
 
                 * ArcelorMittal SA  MT.AS : JP Morgan cuts target price to EUR 27 from EUR 32.5 
 
                 * Auction Technology Group  ATG.L : RBC initiates coverage with sector perform rating; PT 540p 
 
                 * Bechtle AG  BC8G.DE : Jefferies cuts target price to EUR 58 from EUR 60 
 
                 * Britvic  BVIC.L : HSBC raises target price to 1290p from 1100p 
 
                 * Burberry  BRBY.L : Jefferies cuts target price to 800p from 1000p 
 
                 * Burberry  BRBY.L : JP Morgan cuts target price to 800p from 1050p 
 
                 * Coats Group  COA.L : Peel Hunt raises target price to 125p from 103p 
 
                 * Domino's Pizza Group  DOM.L : RBC initiates coverage with outperform rating; PT 400p 
 
                 * Gjensidige Forsikring ASA  GJFG.OL : Berenberg cuts to sell from hold;
 
                 * Gjensidige Forsikring ASA  GJFG.OL : Berenberg cuts PT to NOK 160 from NOK 185 
 
                 * Hays  HAYS.L : Jefferies cuts target price to 115p from 125p 
 
                 * Legrand  LEGD.PA : Jefferies cuts target price to EUR 103 from EUR 104 
 
                 * Outokumpu Oyj  OUT1V.HE : JP Morgan raises target price to EUR 3.7 from EUR 3.4 
 
                 * Pagegroup  PAGE.L : Jefferies cuts target price to 440p from 480p 
 
                 * Prudential  PRU.L : JP Morgan cuts target price to 1330p from 1380p 
 
                 * Randstad NV  RAND.AS : Jefferies cuts target price to EUR 42 from EUR 43 
 
                 * Salzgitter AG  SZGG.DE : JP Morgan cuts target price to EUR 16.8 from EUR 19.1 
 
                 * Sopra Steria Group SA  SOPR.PA : Berenberg initiates coverage with buy rating; PT EUR 238 
 
                 * SSAB AB  SSABa.ST : JP Morgan cuts target price to SEK 64 from SEK 72 
 
                 * SSAB AB  SSABb.ST : JP Morgan cuts target price to SEK 57 from SEK 65 
 
                 * SThree Plc  STEMS.L : Jefferies cuts target price to 420p from 430p 
 
                 * Swatch Group AG  UHR.S : Jefferies cuts target price to CHF 170 from CHF 200 
 
                 * Swatch Group AG  UHR.S : JP Morgan cuts target price to CHF 180 from CHF 210 
 
                 * Team17 Group Plc  TM17.L : RBC initiates coverage with outperform rating; PT 360p 
 
                 * ThyssenKrupp  TKAG.DE : JP Morgan cuts target price to EUR 4.3 from EUR 4.5 
 
                 * Victrex Plc  VCTX.L : HSBC cuts target price to 1300p from 1450p 
 
                 * Voestalpine AG  VOES.VI : JP Morgan raises target price to EUR 25.8 from EUR 22.2 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))