Europe Research Roundup: ArcelorMittal, Barratt Redrow, Croda

AlzChem AG

11/10/2024 07:45

Oct 11 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies including ArcelorMittal, Barratt Redrow and Croda on Friday.
       
    HIGHLIGHTS      
                 * ArcelorMittal SA  MT.AS : JP Morgan cuts to neutral from overweight
 
                 * Barratt Redrow Plc  BTRW.L : Citigroup cuts target price to 600p from 615p
 
                 * Croda  CRDA.L : JP Morgan cuts target price to 3875p from 4200p
 
 Following is a summary of research actions on European companies reported by Reuters on Friday .
Stock entries are in alphabetical order.
                 * Alzchem Group AG  ACT1.DE : Berenberg raises target price to EUR 67 from EUR
 57.5
 
                 * Andritz AG  ANDR.VI : HSBC raises target price to EUR 72.5 from EUR 69
 
                 * ArcelorMittal SA  MT.AS : JP Morgan cuts target price to EUR 21 from EUR 26
 
                 * ArcelorMittal SA  MT.AS : JP Morgan cuts to neutral from overweight
 
                 * Arkema SA  AKE.PA : HSBC cuts target price to EUR 103 from EUR 105
 
                 * Barratt Redrow Plc  BTRW.L : Citigroup cuts target price to 600p from 615p
 
                 * Central Asia Metals Plc  CAML.L : Peel Hunt cuts target price to 285p from 290p
 
                 * Croda  CRDA.L : JP Morgan cuts target price to 3875p from 4200p
 
                 * Hochschild  HOCM.L : Peel Hunt raises target price to 260p from 225p
 
                 * METRO AG  B4B.DE : HSBC cuts target price to EUR 4.5 from EUR 5.4
 
                 * Nexans  NEXS.PA : JP Morgan raises target price to EUR 125 from EUR 118
 
                 * Repsol  REP.MC : HSBC cuts target price to EUR 13 from EUR 13.35
 
                 * Salzgitter AG  SZGG.DE : JP Morgan cuts target price to EUR 11.5 from EUR 15.6
 
                 * Salzgitter AG  SZGG.DE : JP Morgan cuts to underweight from neutral
 
                 * Siemens Energy AG  ENR1n.DE : JP Morgan raises target price to EUR 32.8 from EUR
 13
 
                 * Siemens Energy AG  ENR1n.DE : JP Morgan raises to neutral from underweight
 
                 * SSAB AB  SSABa.ST : JP Morgan cuts target price to SEK 56 from SEK 63
 
                 * SSAB AB  SSABb.ST : JP Morgan cuts target price to SEK 50 from SEK 57
 
                 * Telenor ASA  TEL.OL : JP Morgan raises target price to NOK 170 from NOK 165
 
                 * Thales  TCFP.PA : Berenberg cuts target price to EUR 165 from EUR 175
 
                 * Vistry Group Plc  VTYV.L : JP Morgan cuts target price to 970p from 1550p
 
                 * Vistry Group Plc  VTYV.L : JP Morgan cuts to neutral from overweight
 
                 * Voestalpine AG  VOES.VI : JP Morgan cuts target price to EUR 19.1 from EUR 22.3
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))