Top of the Street: Amundi, Unliver, Kongsberg

Amundi SA

09/02/2026 14:19

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** Citigroup downgrades French asset manager Amundi AMUN.PA to "neutral" from "buy", raising its target price to EUR 84.50 from EUR 78.10, saying the shares are now more fairly priced after rising over 20% in the last three months

** Deutsche Bank cuts consumer goods giant Unilever ULVR.L to "hold" from "buy", keeping its target price at 5,150p (5,911.07 euros), as the shares trade above valuation support following a sharp rally

** Kepler Cheuvreux downgrades Norwegian aerospace firm Kongsberg KOG.OL to "reduce" from "hold", raising its target price to NOK 337 (29.50 euros) from NOK 252, viewing the valuation as ahead of fundamentals despite strong Q4 results

** UBS upgrades German online property platform Scout24 G24n.DE to "buy" from "neutral", cutting its target price to EUR 102.6 from EUR 107.8, citing AI superiority over peers and low risk to medium-term margins

** Kepler Cheuvreux downgrades Belgian snack producer Lotus Bakeries LOTB.BR to "hold" from "buy", raising its target price to EUR 11,480 from EUR 9,900, saying the valuation now fully reflects strong growth prospects after a significant share price run

(*Analyst rankings from Thomson Reuters StarMine. The scale is from 1-star to 5-star with 5 being the best. Analysts are ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)

(1 euro = 11.4227 Norwegian crowns)

(1 euro = 0.8712 pounds)

 (Reporting by Agnieszka Oleńska and Leo Marchandon in Gdansk)

 ((leo.marchandon@thomsonreuters.com))