Europe Research Roundup: Natwest Group Plc, Robert Walters Plc, Straumann

Alfa Laval AB

02/10/2023 08:18

Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Natwest
Group Plc, Robert Walters Plc and Straumann, on Monday. 
    
    HIGHLIGHTS
                 * Compagnie Financiere Richemont SA  CFR.S : RBC cuts to sector perform from
 outperform
 
                 * Essilorluxottica SA  ESLX.PA : RBC raises to sector perform from underperform 
 
                 * Natwest Group Plc  NWG.L : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Robert Walters Plc  RWA.L : HSBC cuts to hold from buy 
 
                 * Straumann  STMN.S : HSBC raises to hold from reduce 
 
      
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.
    
                 * 888 Holdings Plc  888.L : JP Morgan cuts target price to 150p from 180p 
 
                 * Adecco Group AG  ADEN.S : Jefferies raises target price to CHF 33 from CHF 30 
 
                 * Adyen NV  ADYEN.AS : Jefferies cuts target price to EUR 758 from EUR 850 
 
                 * Alfa Laval  ALFA.ST : JP Morgan cuts target price to SEK 325 from SEK 335 
 
                 * Ams Osram AG  AMS.S : Jefferies cuts target price to CHF 4.6 from CHF 8 
 
                 * Cellnex Telecom S.A.  CLNX.MC : HSBC raises target price to EUR 46 from EUR 45 
 
                 * Close Brothers Group Plc  CBRO.L : Peel Hunt cuts target price to 854p from 961p 
 
                 * Commerzbank AG  CBKG.DE : RBC raises target price to EUR 14.5 from EUR 13 
 
                 * Compagnie Financiere Richemont SA  CFR.S : RBC cuts to sector perform from outperform
 
                 * Compagnie Financiere Richemont SA  CFR.S : RBC cuts target price to CHF 130 from CHF 170 
 
                 * Deutsche Boerse AG  DB1Gn.DE : JP Morgan cuts target price to EUR 183 from EUR 203 
 
                 * EasyJet  EZJ.L : JP Morgan cuts target price to 540p from 570p 
 
                 * Engie SA  ENGIE.PA : Morgan Stanley names stock a top pick 
 
                 * Essilorluxottica SA  ESLX.PA : RBC raises target price to EUR 165 from EUR 160 
 
                 * Essilorluxottica SA  ESLX.PA : RBC raises to sector perform from underperform 
 
                 * Firstgroup Plc  FGP.L : RBC raises target price to 180p from 170p 
 
                 * Forterra Plc  FORT.L : Peel Hunt cuts target price to 160p from 170p 
 
                 * Hays  HAYS.L : HSBC cuts target price to 115p from 121p 
 
                 * Hilton Food Group Plc  HFG.L : HSBC raises target price to 1100p from 1050p 
 
                 * Ibstock  IBST.L : Peel Hunt cuts target price to 180p from 185p 
 
                 * Kone Oyj  KNEBV.HE : JP Morgan cuts target price to EUR 55 from EUR 58 
 
                 * Kone Oyj  KNEBV.HE : Morgan Stanley cuts target price to EUR 49 from EUR 50 
 
                 * Kone Oyj  KNEBV.HE : Morgan Stanley raises to overweight from equal weight 
 
                 * Natwest Group Plc  NWG.L : Morgan Stanley cuts target price to 310p frm 320p 
 
                 * Natwest Group Plc  NWG.L : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Pagegroup  PAGE.L : HSBC cuts target price to 495p from 501p 
 
                 * Pagegroup  PAGE.L : Jefferies raises target price to 420p from 375p 
 
                 * Pagegroup  PAGE.L : Jefferies raises to hold from underperform 
 
                 * Robert Walters Plc  RWA.L : HSBC cuts target price to 405p from 768p 
 
                 * Robert Walters Plc  RWA.L : HSBC cuts to hold from buy 
 
                 * Sandvik AB  SAND.ST : JP Morgan cuts target price to SEK 225 from SEK 235 
 
                 * Schindler Holding AG  SCHP.S : JP Morgan cuts target price to CHF 220 from CHF 230 
 
                 * Schindler Holding AG  SCHP.S : Morgan Stanley raises target price to CHF 197 from CHF 194 
 
                 * Schindler Holding AG  SCHP.S : Morgan Stanley raises to equal weight from underweight 
 
                 * Siemens Energy AG  ENR1n.DE : JP Morgan cuts target price to EUR 16.7 from EUR 18 
 
                 * SKF  SKFb.ST : JP Morgan cuts target price to SEK 185 from SEK 195 
 
                 * SThree Plc  STEMS.L : HSBC cuts target price to 540p from 645p 
 
                 * Straumann  STMN.S : HSBC raises to hold from reduce 
 
                 * Strix Group Plc  KETL.L : Peel Hunt cuts target price to 83p from 102p 
 
                 * Strix Group Plc  KETL.L : Peel Hunt raises to buy from hold 
 
                 * Tesco  TSCO.L : HSBC raises target price to 340p from 330p 
 
                 * UBS Group AG  UBSG.S : JP Morgan raises target price to CHF 31 from CHF 27 
 
                 * Worldline SA  WLN.PA : Jefferies cuts target price to EUR 30.2 from EUR 35.9 
 
                 * Zalando SE  ZALG.F : JP Morgan cuts target price to EUR 31 from EUR 32 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))