Europe Research Roundup: Assa Abloy, Kering, L'Oréal

Allfunds

24/10/2024 08:12

Oct 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies
including Assa Abloy, Kering and L'Oréal, on Thursday.
    
    HIGHLIGHTS
                 * Assa Abloy  ASSAb.ST : Deutsche Bank raises target price to SEK 305 from
 SEK 300 
 
                 * Barratt Redrow Plc  BTRW.L : Morgan Stanley cuts target price to 580p from
 600p 
 
     * Dowlais Group Plc  DWL.L : Citigroup raises to neutral from sell 
                 * Kering  PRTP.PA : JP Morgan cuts target price to EUR 220 from EUR 265 
 
                 * L'Oréal SA  OREP.PA : Barclays cuts target price to EUR 442 from EUR 479 
 
      
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in
alphabetical order.
  
                 * Air Liquide  AIRP.PA : Citigroup cuts target price to EUR 200 from EUR 201 
 
                 * Akzo Nobel NV  AKZO.AS : HSBC raises target price to EUR 62 from EUR 57 
 
                 * Allfunds Group Plc  ALLFG.AS : Morgan Stanley raises PT to EUR 7.7 from EUR 7.6 
 
                 * Assa Abloy  ASSAb.ST : Deutsche Bank raises target price to SEK 305 from SEK 300 
 
                 * Atlas Copco AB  ATCOa.ST : Deutsche Bank cuts target price to SEK 178 from SEK 190 
 
                 * Atlas Copco AB  ATCOa.ST : Citigroup cuts target price to SEK 207 from SEK 212 
 
                 * Barratt Redrow Plc  BTRW.L : Morgan Stanley cuts target price to 580p from 600p 
 
                 * Befesa  BFSA.DE : Deutsche Bank cuts target price to EUR 28 from EUR 33 
 
                 * Bureau Veritas  BVI.PA : Deutsche Bank raises target price to EUR 30 from EUR 26 
 
                 * Creo Medical Group Plc  CREO.L : Deutsche Bank cuts target price to 45p from 80p 
 
                 * Deutsche Bank  DBKGn.DE : Morgan Stanley raises target price to EUR 20 from EUR 19.6 
 
                 * Deutsche Boerse AG  DB1Gn.DE : KBW raises target price to EUR 225 from EUR 217 
 
                 * Dowlais Group Plc  DWL.L : Citigroup cuts target price to 58p from 79p 
 
     * Dowlais Group Plc  DWL.L : Citigroup raises to neutral from sell 
                 * DS Smith  SMDS.L : Jefferies raises target price to 550p from 400p 
 
                 * DWS Group Gmbh & Co KGaA  DWSG.DE : Citigroup raises PT to EUR 43 from EUR 42 
 
                 * EDP  EDP.LS : Deutsche Bank cuts target price to EUR 4.1 from EUR 4.2 
 
                 * EDPR  EDPR.LS : Deutsche Bank cuts target price to EUR 15 from EUR 16 
 
                 * Handelsbanken  SHBa.ST : Jefferies raises target price to SEK 101 from SEK 97 
 
                 * Heineken NV  HEIN.AS : Barclays cuts target price to EUR 90 from EUR 92 
 
                 * Hunting  HTG.L : Barclays cuts target price to 480p from 500p 
 
                 * Kering  PRTP.PA : Jefferies cuts target price to EUR 210 from EUR 220 
 
                 * Kering  PRTP.PA : JP Morgan cuts target price to EUR 220 from EUR 265 
 
                 * Kering  PRTP.PA : Morgan Stanley cuts target price to EUR 255 from EUR 265 
 
                 * Kering  PRTP.PA : RBC cuts target price to EUR 230 from EUR 280 
 
                 * Kuehne & Nagel International AG  KNIN.S : Barclays cuts PT to CHF 230 from CHF 250 
 
                 * L'Oreal S.A  OREP.PA : Morgan Stanley cuts target price to EUR 394 from EUR 430 
 
                 * L'Oréal SA  OREP.PA : Barclays cuts target price to EUR 442 from EUR 479 
 
                 * Michelin  MICP.PA : Barclays cuts target price to EUR 31 from EUR 32 
 
                 * Michelin  MICP.PA : Deutsche Bank cuts target price to EUR 37 from EUR 40 
 
                 * Munters Group AB  MTRS.ST : Jefferies cuts target price to SEK 230 from SEK 260 
 
                 * Pennon Group  PNN.L : Barclays cuts target price to 650p from 685p 
 
                 * Planisware SA  PLNW.PA : Citigroup cuts target price to EUR 30 from EUR 34 
 
                 * Playtech  PTEC.L : Deutsche Bank raises target price to 908p from 873p 
 
                 * Quilter Plc  QLT.L : Jefferies initiates coverage with buy rating; price target 175p 
 
                 * Reckitt Benckiser  RKT.L : Morgan Stanley raises target price to 4600p from 4500p 
 
                 * Redeia  REDE.MC : Citigroup raises target price to EUR 18.7 from EUR 18.6 
 
                 * Rentokil  RTO.L : Peel Hunt cuts target price to 367p from 380p 
 
                 * Roche  ROG.S : Deutsche Bank raises target price to CHF 250 from CHF 235 
 
                 * Sampo  SAMPO.HE : Deutsche Bank raises target price to EUR 42 from EUR 39 
 
                 * Schindler Holding AG  SCHP.S : RBC raises target price to CHF 270 from CHF 260 
 
                 * Softcat Plc  SCTS.L : JP Morgan raises target price to 1,350p from 1,250p 
 
                 * Spectris  SXS.L : HSBC cuts target price to 2900p from 3050p 
 
                 * Spire Healthcare Group Plc  SPI.L : Jefferies raises target price to 278p from 250p 
 
                 * SSAB  SSABa.ST : Deutsche Bank cuts target price to SEK 58 from SEK 60 
 
                 * Swedbank  SWEDa.ST : JP Morgan raises target price to SEK 215 from SEK 195 
 
                 * Synthomer Plc  SYNTS.L : Morgan Stanley cuts target price to 220p from 250p 
 
                 * Temenos AG  TEMN.S : Barclays raises target price to CHF 58 from CHF 56 
 
                 * Temenos AG  TEMN.S : Citigroup cuts target price to CHF 65 from CHF 66 
 
                 * Verallia SA  VRLA.PA : Citigroup cuts target price to EUR 39.5 from EUR 41.5 
 
                 * Zalando SE  ZALG.DE : Citigroup raises target price to EUR 37.5 from EUR 34 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))