Europe Research Roundup: Alzchem Group AG, Dr. Martens, M&G

AlzChem AG

13/11/2023 07:13

Nov 13 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Alzchem Group AG, Dr. Martens and M&G, on Monday. 
    
 HIGHLIGHTS  
     
                 * Alzchem Group AG  ACT1.DE : Baader Helvea raises to buy from add 
 
                 * Dr. Martens PLC  DOCS.L : Barclays cuts to equal-weight from overweight 
 
                 * M&G  MNG.L : JP Morgan raises to neutral from underweight 
 
                 * Petroleum Geo-Services  PGS.OL : Barclays cuts to equal-weight from overweight
 
                 * Technip Energies  TE.PA : Barclays cuts to underweight from overweight 
 
 
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
 
    
                 * Adyen NV  ADYEN.AS : TD Cowen raises target price to EUR 903 from EUR 736 
 
                 * Airbus  AIR.PA : Barclays raises target price to EUR 152 from EUR 151 
 
                 * Alzchem Group AG  ACT1.DE : Baader Helvea raises to buy from add 
 
                 * Anglo American Plc  AAL.L : HSBC cuts target price to 2500p from 2650p 
 
                 * Antofagasta Plc  ANTO.L : HSBC cuts target price to 1000p from 1100p 
 
                 * Asos Plc  ASOS.L : Barclays cuts target price to 350p from 445p 
 
                 * Azelis  AZE.BR : Jefferies cuts target price to EUR 20.5 from EUR 22.5 
 
                 * Banco Bpm  BAMI.MI : JP Morgan raises target price to EUR 6.4 from EUR 5.1 
 
                 * Berkeley Group  BKGH.L : Jefferies raises target price to 4572p from 4496p 
 
                 * Bpost  BPOST.BR : Barclays raises target price to EUR 5.1 from EUR 5 
 
                 * Bridgepoint Group Plc  BPTB.L : Morgan Stanley resumes coverage with equal-weight rating
 
                 * Bridgepoint Group Plc  BPTB.L : Morgan Stanley resumes coverage with PT 223p 
 
                 * Cellnex Telecom  CLNX.MC : Barclays cuts target price to EUR 32 from EUR 35 
 
                 * CGG  GEPH.PA : Barclays cuts target price to EUR 0.9 from EUR 1.1 
 
                 * Compagnie Financiere Richemont SA  CFR.S : JP Morgan cuts PT to CHF 170 from CHF 180 
 
                 * Continental AG  CONG.DE : HSBC cuts target price to EUR 75 from EUR 76 
 
                 * Diageo PLC  DGE.L : JP Morgan cuts target price to 3,500p from 4,000p 
 
                 * Diageo PLC  DGE.L : Barclays cuts target price to 3730p from 4440p 
 
                 * Dr. Martens PLC  DOCS.L : Barclays cuts target price to 140p from 175p 
 
                 * Dr. Martens PLC  DOCS.L : Barclays cuts to equal-weight from overweight 
 
                 * Elisa Oyj  ELISA.HE : JP Morgan cuts target price to EUR 60 from EUR 67 
 
                 * Euronext NV  ENX.PA : KBW raises target price to EUR 88 from EUR 87 
 
                 * Evolution AB (Publ)  EVOG.ST : Berenberg cuts PT to SEK 1,240 from SEK 1,265 
 
                 * Fraport  FRAG.DE : JP Morgan raises target price to EUR 48 from EUR 47 
 
                 * Freenet  FNTGn.DE : Barclays raises target price to EUR 34 from EUR 33 
 
                 * Glencore Plc  GLEN.L : HSBC cuts target price to 470p from 485p 
 
                 * Hapag Lloyd AG  HLAG.DE : JP Morgan cuts target price to EUR 65 from EUR 79 
 
                 * Imcd NV  IMCD.AS : Jefferies cuts target price to EUR 156 from EUR 158 
 
                 * Ionos  IOSn.DE : Barclays raises target price to EUR 22.5 from EUR 19.1 
 
                 * JTC Plc  JTC.L : Jefferies raises target price to 915p from 875p 
 
                 * Jungheinrich  JUNG_p.DE : Barclays cuts target price to EUR 34 from EUR 36 
 
                 * Knorr Bremse AG  KBX.DE : Jefferies cuts target price to EUR 61 from EUR 67 
 
                 * M&G  MNG.L : JP Morgan raises target price to 220p from 195p 
 
                 * M&G  MNG.L : JP Morgan raises to neutral from underweight 
 
                 * MTU Aero Engines  MTXGn.DE : Barclays cuts PT to EUR 196 from EUR 198 
 
                 * NOS  NOS.LS : Barclays raises target price to EUR 3.7 from EUR 3.6 
 
                 * Pandora A/S  PNDORA.CO : HSBC raises target price to DKK 900 from DKK 630 
 
                 * Persimmon  PSN.L : Jefferies raises target price to 1181p from 1102p 
 
                 * Petroleum Geo-Services  PGS.OL : Barclays cuts to equal-weight from overweight 
 
                 * Phoenix  PHNX.L : JP Morgan cuts target price to 400p from 430p 
 
                 * Redrow  RDW.L : Barclays cuts target price to 555p from 565p 
 
                 * Safran  SAF.PA : Barclays cuts target price to EUR 165 from EUR 166 
 
                 * Swiss Life Holding AG  SLHN.S : HSBC cuts target price to CHF 600 from CHF 605 
 
                 * Taylor Wimpey  TW.L : Jefferies raises target price to 143p from 132p 
 
                 * Technip Energies  TE.PA : Barclays cuts to underweight from overweight 
 
                 * Tele2 AB  TEL2b.ST : JP Morgan cuts target price to SEK 84 from SEK 110 
 
                 * Telia  TELIA.ST : JP Morgan raises target price to SEK 29 from SEK 27 
 
                 * Telia  TELIA.ST : JP Morgan raises to neutral from underweight 
 
                 * TGS  TGS.OL : Barclays raises to equal-weight from underweight 
 
                 * Vistry Group Plc  VTYV.L : Jefferies raises target price to 831p from 765p 
 
                 * Vonovia  VNAn.DE : Barclays raises target price to EUR 19 from EUR 18 
 
                 * Wheaton Precious Metals Corp  WPM.L : Berenberg raises PT to 5,000p from 4,700p 
 
                 * Wise Plc  WISEa.L : Peel Hunt raises target price to 900p from 600p 
 
                 * Wise Plc  WISEa.L : Peel Hunt raises to buy from hold 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))