Europe Research Roundup: Cellnex Telecom, KPN, Puma
01/02/2024 07:17
Feb 1 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies including Cellnex Telecom, KPN and, Puma, on Thursday.
HIGHLIGHTS
* Big Yellow Group Plc BYG.L : Goldman Sachs adds stock to its european
conviction list
* Cellnex Telecom SA CLNX.MC : Goldman Sachs adds stock to its european
conviction list
* KPN KPN.AS : Citigroup raises to buy from neutral
* MTU Aero Engines MTXGn.DE : Citigroup cuts to neutral from buy
* Puma SE PUMG.DE : RBC cuts to sector perform from outperform
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.
* Abrdn Plc ABDN.L : JP Morgan raises target price to 189p from 183p
* Acciona Energia ANE.MC : Citigroup cuts target price to EUR 19.9 from EUR 23
* Acciona Energia ANE.MC : RBC cuts target price to EUR 30 from EUR 31
* Adidas AG ADSGn.DE : Wedbush cuts target price to EUR 150 from EUR 176
* Alliance pharma Plc ALAPH.L : Peel Hunt cuts target price to 45p from 53p
* Big Yellow Group Plc BYG.L : Goldman Sachs adds stock to its European conviction list
* Bytes Technology Group Plc BYIT.L : HSBC cuts to hold from buy; ups PT to 675p from
625p
* Cellnex Telecom SA CLNX.MC : Goldman Sachs adds stock to its European conviction list
* Centrica CNA.L : Goldman Sachs removes stock from its European conviction list
* Compagnie Financiere Richemont SA CFR.S : HSBC cuts to hold from buy
* Compagnie Financiere Richemont SA CFR.S : HSBC raises PT to CHF 141 from CHF 138
* Cranswick Plc CWK.L : Berenberg raises target price to 4921p from 4694p
* DFS Furniture Plc DFSD.L : Berenberg cuts target price to 180p from 185p
* DNB Bank ASA DNB.OL : Berenberg cuts target price to NOK 215 from NOK 230
* DNB Bank ASA DNB.OL : Jefferies raises target price to NOK 210 from NOK 202
* Dr.Martens DOCS.L : HSBC cuts target price to 95p from 100p
* Dunelm Group Plc DNLM.L : Berenberg raises target price to 1410p from 1370p
* E ON SE EONGn.DE : Goldman Sachs adds stock to its European conviction list
* EasyJet EZJ.L : JP Morgan raises target price to 690p from 520p
* EDPR EDPR.LS : RBC cuts target price to EUR 17.5 from EUR 18
* Elis SA ELIS.PA : Berenberg raises target price to EUR 24.50 from EUR 22.50
* Enel ENEI.MI : Jefferies cuts to hold from buy; cuts PT to EUR 6.50 from EUR 7
* GSK GSK.L : JP Morgan raises target price to 1530p from 1450p
* H&M HMb.ST : Barclays cuts target price to SEK 175 from SEK 200
* H&M HMb.ST : Jefferies cuts target price to SEK 150 from SEK 165
* Haleon HLN.L : Barclays raises target price to 3.95p from 3.91p
* Hemnet HEM.ST : Barclays raises target price to SEK 260 from SEK 245
* ITM Power Plc ITM.L : RBC raises target price to 150p from 140p
* KPN KPN.AS : Citigroup raises to buy from neutral
* KPN KPN.AS : HSBC raises target price to EUR 4 from EUR 3.8
* L'Oréal SA OREP.PA : Barclays raises target price to EUR 453 from EUR 431
* Marshalls MSLH.L : Berenberg raises to buy from hold; raises PT to 420p from 320p
* Mercedes Benz Group AG MBGn.DE : Goldman Sachs adds stock to its european conviction
list
* MTU Aero Engines MTXGn.DE : HSBC raises target price to EUR 278 from EUR 254
* MTU Aero Engines MTXGn.DE : Citigroup cuts to neutral from buy
* MTU Aero Engines MTXGn.DE : Citigroup raises target price to EUR 221 from EUR 217
* Next Plc NXT.L : Barclays cuts to equal-weight from overweight
* Next Plc NXT.L : Barclays raises target price to 85p from 82.5p
* Nordnet Bank AB SAVE.ST : Barclays cuts target price to SEK 160 from SEK 165
* Novo Nordisk NOVOb.CO : Barclays raises target price to DKK 900 from DKK 825
* Pets at Home PETSP.L : Berenberg cuts target price to 390p from 440p
* Pets at Home PETSP.L : Berenberg cuts to hold from buy
* Publicis Groupe PUBP.PA : HSBC raises target price to EUR 103 from EUR 88
* Puma SE PUMG.DE : Goldman Sachs removes stock from its european conviction list
* Puma SE PUMG.DE : RBC cuts to sector perform from outperform
* Puma SE PUMG.DE : RBC cuts target price to EUR 42 from EUR 64
* Raiffeisen Bank International AG RBIV.VI : JP Morgan raises PT to EUR 20.30 from EUR
19.50
* Rolls Royce RR.L : Goldman Sachs adds stock to its european conviction list
* RWE AG RWEG.DE : Goldman Sachs removes stock from its european conviction list
* Santander SAN.MC : Berenberg raises target price to EUR 4.30 from EUR 4.10
* SEB SA SEBF.PA : Berenberg raises target price to EUR 135 from EUR 128
* SKF SKFb.ST : Citigroup raises target price to SEK 212 from SEK 198
* SKF SKFb.ST : Barclays raises target price to SEK 190 from SEK 168
* Sodexo SA EXHO.PA : Barclays cuts target price to EUR 89 from EUR 115
* Solaria SLRS.MC : RBC cuts target price to EUR 17.5 from EUR 19
* SSAB AB SSABa.ST : Jefferies raises target price to SEK 85 from SEK 78
* Veolia VIE.PA : Goldman Sachs adds stock to its european conviction list
* Wartsila Oyj Abp WRT1V.HE : Citigroup raises target price to EUR 14.5 from EUR 14
* WPP Group WPP.L : HSBC raises target price to 1000p from 900p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))