Europe Research Roundup: Akzo Nobel, Galp, Randstad

Allfunds

24/04/2024 08:11

April 24 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Akzo Nobel, Galp and Randstad, on Wednesday. 
    
    HIGHLIGHTS
                 * Akzo Nobel NV  AKZO.AS : JP Morgan raises to neutral from
 underweight
 
                 * Galp  GALP.LS : RBC raises to outperform from sector
 perform
 
                 * Randstad NV  RAND.AS : Jefferies raises to hold from
 underperform
 
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * AB Foods  ABF.L : Barclays raises target price to 2700p from 2400p
 
                 * Aib Group Plc  AIBG.I : Morgan Stanley raises target price to EUR 4.8 from EUR
 4.5
 
                 * Akzo Nobel NV  AKZO.AS : JP Morgan raises target price to EUR 70 from EUR 68.5
 
                 * Akzo Nobel NV  AKZO.AS : JP Morgan raises to neutral from underweight
 
                 * Alk-Abello A/S  ALKb.CO : Jefferies raises target price to DKK 120 from DKK 94
 
                 * Allfunds Group Plc  ALLFG.AS : Barclays raises target price to EUR 8.9 from EUR
 8.8
 
                 * Allfunds Group Plc  ALLFG.AS : Morgan Stanley raises PT to EUR 7.8 from EUR 7.6
 
                 * Alphawave IP Group Plc  AWE.L : Barclays cuts target price to 190p from 220p
 
                 * Alphawave Semi  AWE.L : Deutsche Bank cuts target price to 152p from 200p
 
                 * AMS Osram AG  AMS.S : JP Morgan cuts target price to CHF 2.5 from CHF 2.75
 
                 * Beijer Ref  BEIJb.ST : Jefferies raises target price to SEK 170 from SEK 160
 
                 * Bilfinger  GBFG.DE : Deutsche Bank raises target price to EUR 55 from EUR 52
 
                 * Boliden AB  BOL.ST : Barclays raises target price to SEK 400 from SEK 370
 
                 * Brenntag SE  BNRGn.DE : Morgan Stanley raises target price to EUR 88 from EUR 86
 
                 * Bunzl  BNZL.L : JP Morgan raises target price to 3,300p from 3,140p
 
                 * CVS Group Plc  CVSG.L : Jefferies cuts target price to 1,000p from 1,530p
 
                 * Deutsche Boerse AG  DB1Gn.DE : Citigroup cuts target price to EUR 184 from EUR
 188
 
                 * Deutsche Lufthansa AG  LHAG.DE : Morgan Stanley cuts PT to EUR 8.7 from EUR 8.9
 
                 * Deutsche Telekom  DTEGn.DE : Deutsche Bank raises target price to EUR 30.6 from
 EUR 30
 
                 * DNB Bank ASA  DNB.OL : Barclays raises target price to NOK 202 from NOK 192
 
                 * DNB Bank ASA  DNB.OL : Berenberg cuts target price to NOK 195 from NOK 215
 
                 * DNB Bank ASA  DNB.OL : Jefferies cuts target price to NOK 200 from NOK 209
 
                 * EasyJet Plc  EZJ.L : Morgan Stanley raises target price to 715p from 705p
 
                 * EDP Energias De Portugal SA  EDP.LS : Morgan Stanley cuts PT to EUR 4.3 from EUR
 4.8
 
                 * EDP Renovaveis  EDPR.LS : Morgan Stanley cuts target price to EUR 16 from EUR 18
 
                 * Elisa Oyj  ELISA.HE : JP Morgan cuts target price to EUR 57 from EUR 58
 
                 * Equinor ASA  EQNR.OL : TD Cowen resumes coverage with hold rating; price target
 NOK 300
 
                 * Euronext NV  ENX.PA : Citigroup cuts target price to EUR 108 from EUR 109
 
                 * Galp  GALP.LS : RBC raises target price to EUR 25 from EUR 17
 
                 * Galp  GALP.LS : RBC raises to outperform from sector perform
 
                 * Galp  GALP.LS : UBS raises target price to EUR 20 from EUR 14.5
 
                 * Galp  GALP.LS : UBS raises to neutral from sell
 
                 * Ilika Plc  IKA.L : Berenberg cuts target price to 100p from 110p
 
                 * Kering  PRTP.PA : Deutsche Bank cuts target price to EUR 460 from EUR 540
 
                 * Kering  PRTP.PA : Jefferies cuts target price to EUR 360 from EUR 370
 
                 * Kering  PRTP.PA : JP Morgan cuts target price to EUR 350 from EUR 400
 
                 * Kering  PRTP.PA : Morgan Stanley cuts target price to EUR 365 from EUR 405
 
                 * Kering  PRTP.PA : RBC cuts target price to EUR 430 from EUR 440
 
                 * Kojamo Oyj  KOJAMO.HE : JP Morgan raises target price to EUR 12.5 from EUR 12
 
                 * Kojamo Oyj  KOJAMO.HE : JP Morgan raises to overweight from neutral
 
                 * Lancashire Holdings Limited  LRE.L : Morgan Stanley raises PT to 733p from 707p
 
                 * Microlise Group Plc  SAAS.L : Berenberg raises target price to 210p from 170p
 
                 * Mobico Group Plc  MCG.L : Peel Hunt cuts target price to 70p from 150p
 
                 * Mobico Group Plc  MCG.L : Peel Hunt cuts to hold from buy
 
                 * Novartis AG  NOVN.S : JP Morgan raises target price to CHF 95 from CHF 90
 
                 * Ocado  OCDO.L : HSBC cuts target price to 285p from 370p
 
                 * Ovhcloud  OVH.PA : Morgan Stanley cuts target price to EUR 9.45 from EUR 10.2
 
                 * PZ Cussons  PZC.L : JP Morgan cuts target price to 150p from 182p
 
                 * Randstad NV  RAND.AS : Jefferies raises to hold from underperform
 
                 * Randstad NV  RAND.AS : Morgan Stanley cuts target price to EUR 52 from EUR 54
 
                 * Recordati  RECI.MI : RBC raises target price to EUR 50.5 from EUR 46.5
 
                 * Sap SE  SAPG.DE : Baader Helvea raises target price to EUR 195 from EUR 175
 
                 * Sap SE  SAPG.DE : Barclays cuts target price to EUR 210 from EUR 212
 
                 * Sap SE  SAPG.DE : Berenberg raises target price to EUR 195 from EUR 190
 
                 * Sap SE  SAPG.DE : HSBC raises target price to EUR 200 from EUR 180
 
                 * Sartorius AG  SATG_p.DE : Berenberg cuts target price to EUR 330 from EUR 346
 
                 * Sartorius Stedim Biotech SA  STDM.PA : Berenberg cuts PT to EUR 243 from EUR 262
 
                 * Science Group Plc  SAGS.L : Liberum raises target price to 650p from 595p
 
                 * Stillfront Group AB (Publ)  SFRG.ST : Barclays raises PT to SEK 17.5 from SEK
 15.6
 
                 * Telefonica  TEF.MC : Barclays cuts target price to EUR 4.7 from EUR 4.8
 
                 * Temenos AG  TEMN.S : Barclays cuts target price to CHF 58 from CHF 64
 
                 * Temenos AG  TEMN.S : JP Morgan cuts target price to CHF 84 from CHF 101
 
                 * TI Fluid Systems  TIFS.L : Jefferies raises target price to 190p from 180p
 
                 * Ubisoft  UBIP.PA : Barclays cuts target price to EUR 21.35 from EUR 23.45
 
                 * UBS Group AG  UBSG.S : Citigroup cuts to neutral from buy
 
                 * UBS Group AG  UBSG.S : Citigroup cuts target price to CHF 27 from CHF 28
 
                 * Unipol Gruppo SpA  UNPI.MI : Barclays raises target price to EUR 9.4 from EUR
 7.3
 
                 * United Internet AG  UTDI.DE : Deutsche Bank raises target price to EUR 25 from
 EUR 23
 
                 * Vanquis Banking Group  VANQ.L : Peel Hunt cuts target price to 50p from 60p
 
                 * Var Energi ASA  VAR.OL : Barclays raises target price to NOK 50 from NOK 42
 
                 * Virbac SA  VIRB.PA : Jefferies raises target price to EUR 353 from EUR 295
 
                 * Voestalpine  VOES.VI : Deutsche Bank cuts target price to EUR 38 from EUR 39
 
    
  

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