Europe Research Roundup: Hammerson, NWF Group Plc, Sodexo

Alpha Financial Markets Consulting

08/11/2022 07:36

Nov 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies,
including Hammerson, NWF Group Plc and Sodexo on Tuesday. 
    HIGHLIGHTS
                 * Hammerson  HMSO.L : Liberum raises to hold from sell; raises target price to 20p
 from 15p 
 
                 * NWF Group Plc  NWF.L : Peel Hunt cuts to hold from buy     
 
                 * Sodexo  EXHO.PA : HSBC cuts to hold from buy     
 
                 * Swatch Group AG  UHR.S : Credit Suisse cuts to underperform from outperform    
 
 Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in
alphabetical order. 
                 * Adecco Group AG  ADEN.S : RBC cuts target price to CHF 45 from CHF 48 
 
                 * Alpha Financial Markets Consulting Plc  AFM.L : Peel Hunt initiates coverage with add rating 
 
                 * Alpha Financial Markets Consulting Plc  AFM.L : Peel Hunt initiates coverage with PT 423p
 
                 * Burckhardt Compression Holding AG  BCHN.S : Credit Suisse ups PT to CHF 566 from CHF 530 
 
                 * Compagnie Financiere Richemont SA  CFR.S : Credit Suisse cuts PT to CHF 105 from CHF 128.72 
 
                 * DR ING HC F Porsche AG  P911_p.DE : JP Morgan initiates with overweight rating; PT EUR 140 
 
                 * Dwf Group Plc  DWF.L : Peel Hunt cuts target price to 110p from 120p 
 
                 * Grifols  GRLS.MC : Jefferies cuts target price to EUR 9.95 from EUR 17.6 
 
                 * Gsk  GSK.L : JP Morgan cuts target price to 1600p from 1900p 
 
                 * Hammerson  HMSO.L : Liberum raises to hold from sell; raises target price to 20p from 15p 
 
                 * Heidelbergcement AG  HEIG.DE : JP Morgan cuts target price to EUR 44 from EUR 46 
 
                 * Hermes  HRMS.PA : Credit Suisse initiates coverage with neutral rating and EUR 1230 PT 
 
                 * Hiscox  HSX.L : Credit Suisse raises target price to 1230p from 1200p 
 
                 * Kering  PRTP.PA : Credit Suisse cuts target price to EUR 670 from EUR 825 
 
                 * Kingspan Group Plc  KSP.I : JP Morgan cuts target price to EUR 64 from EUR 66 
 
                 * Lancashire Holdings  LRE.L : Credit Suisse raises target price to 770p from 760p 
 
                 * LVMH  LVMH.PA : Credit Suisse cuts target price to EUR 785 from EUR 800 
 
                 * NWF Group Plc  NWF.L : Peel Hunt cuts to hold from buy 
 
                 * Prosus NV  PRX.AS : HSBC cuts target price to EUR 66 from EUR 77.82 
 
                 * Proximus NV  PROX.BR : JP Morgan cuts target price to EUR 13.7 from EUR 14.5 
 
                 * Rovi  ROVI.MC : Jefferies cuts target price to EUR 72 from EUR 82 
 
                 * Ryanair  RYA.I : JP Morgan raises target price to EUR 18.2 from EUR 17.7 
 
                 * Sodexo  EXHO.PA : HSBC cuts to hold from buy 
 
                 * Sodexo  EXHO.PA : HSBC raises target price to EUR 100 from EUR 85 
 
                 * Swatch Group AG  UHR.S : Credit Suisse cuts to underperform from outperform
 
                 * Swatch Group AG  UHR.S : Credit Suisse cuts target price to CHF 180 from CHF 360 
 
                 * Swiss Re  SRENH.S : HSBC cuts target price to CHF 82 from CHF 90 
 
                 * Telefonica  TEF.MC : JP Morgan cuts target price to EUR 2.7 from EUR 2.9 
 
                 * Unibail-Rodamco-Westfield  URW.AS : HSBC cuts target price to EUR 60 from EUR 102 
 
                 * Watches of Switzerland  WOSG.L : Credit Suisse initiates coverage with outperform rating  
 
                 * Watches of Switzerland  WOSG.L : Credit Suisse initiates coverage with 1075p target price
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))