Europe Research Roundup: Pollen Street, Redrow, Taylor Wimpey
14/12/2022 06:53
Dec 14 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Pollen Street, Redrow and Taylor Wimpey, on Wednesday.
HIGHLIGHTS
* ENI ENI.MI : RBC cuts to sector perform from outperform
* Kone Oyj KNEBV.HE : Citigroup raises to buy from neutral
* Pollen Street Plc POLNP.L : Barclays starts with overweight rating; target price 900p
* Redrow Plc RDW.L : JP Morgan cuts to underweight from neutral
* Taylor Wimpey TW.L : JP Morgan cuts to neutral from overweight
Following is a summary of research actions on European companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.
* Aker BP ASA AKRBP.OL : RBC assumes with sector perform rating; PT NOK 380 vs NOK 275
* Alfa Laval ALFA.ST : Citigroup raises price target to SEK 360 from SEK 340
* Ambu A/S AMBUb.CO : JP Morgan raises target price to DKK 65 from DKK 64
* Barratt BDEV.L : JP Morgan cuts target price to 380p from 490p
* Bellway Plc BWY.L : JP Morgan cuts target price to 2640p from 2660p
* BP BP.L : RBC cuts target price to 550p from 600p
* Colruyt COLR.BR : Barclays cuts target price to EUR 19 from EUR 23
* Crest Nicholson Holdings Plc CRST.L : JP Morgan cuts target price to 170p from 240p
* ENI ENI.MI : RBC cuts to sector perform from outperform
* Equinor ASA EQNR.OL : Credit Suisse cuts target price to NOK 420 from NOK 450
* Ergomed Plc ERGO.L : Peel Hunt raises target price to 1490p from 1470p
* Galp Energia SA GALP.LS : RBC cuts to sector perform from outperform
* Galp Energia SA GALP.LS : RBC raises target price to EUR 15 from EUR 13.50
* GB Group Plc GBGP.L : Citigroup cuts price target to 546p from 607p
* GEA Group AG G1AG.DE : Citigroup raises price target to EUR 45.8 from EUR 41.8
* Global Fashion Group SA GFG.DE : HSBC cuts target price to EUR 1.4 from EUR 2.5
* Horizonte Minerals Plc HZM.L : Peel Hunt cuts target price to 200p from 280p
* Kone Oyj KNEBV.HE : Citigroup raises to buy from neutral
* Kone Oyj KNEBV.HE : Citigroup raises price target to EUR 56 from EUR 43.2
* Koninklijke Ahold Delhaize NV AD.AS : Berenberg raises PT to EUR 30.40 from EUR 27.40
* Liontrust Asset Management Plc LIO.L : Peel Hunt raises target price to 1021p from 992p
* Metso Outotec Corp MOCORP.HE : Citigroup raises price target to EUR 10.7 from EUR 9
* Molten Ventures Plc GROW.L : Peel Hunt cuts target price to 728p from 861p
* Persimmon PSN.L : JP Morgan cuts target price to 1700p from 2150p
* PKN Orlen PKN.WA : HSBC cuts target price to PLN 85 from PLN 96
* Pollen Street Plc POLNP.L : Barclays starts with overweight rating; target price 900p
* Redrow Plc RDW.L : JP Morgan cuts target price to 390p from 550p
* Redrow Plc RDW.L : JP Morgan cuts to underweight from neutral
* Repsol REP.MC : RBC raises target price to EUR 20 from EUR 19
* Santander SAN.MC : Morgan Stanley cuts target price to EUR 3.90 from EUR 4.10
* Taylor Wimpey TW.L : JP Morgan cuts target price to 110p from 170p
* Taylor Wimpey TW.L : JP Morgan cuts to neutral from overweight
* Totalenergies SE TTEF.PA : RBC raises target price to EUR 70 from EUR 65
* Victrex Plc VCTX.L : Credit Suisse cuts target price to 2300p from 2735p
* Vistry Group Plc VTYV.L : JP Morgan cuts target price to 560p from 800p
(Compiled by Bengaluru Newsroom)
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