Europe Research Roundup: Kion Group, Legrand, Signify

Antares Vision SpA

01/09/2022 08:24

Sept 1 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Kion Group, Legrand and Signify on Thursday. 
    
    HIGHLIGHTS
     * Kion Group AG  KGX.DE : JP Morgan raises to overweight from neutral
     * Legrand  LEGD.PA : JP Morgan raises to overweight from neutral
     * Signify NV  LIGHT.AS : JP Morgan raises to overweight from neutral
          
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
     * ABB Ltd  ABBN.S : JP Morgan cuts target price to CHF 29 from CHF 33
     * Alfa Laval  ALFA.ST : JP Morgan cuts target price to SEK 270 from SEK 290
     * Alstom  ALSO.PA : JP Morgan cuts target price to EUR 30 from EUR 38
     * Andritz AG  ANDR.VI : JP Morgan cuts to neutral from overweight
     * Andritz AG  ANDR.VI : JP Morgan raises target price to EUR 60 from EUR 58
     * Antares Vision SpA  ANV.MI : JP Morgan cuts target price to EUR 11.2 from EUR 11.7
     * Ashtead Group Plc  AHT.L : JP Morgan cuts target price to 5500p from 6100p
     * Assa Abloy AB  ASSAb.ST : JP Morgan cuts target price to SEK 245 from SEK 295
     * Atlas Copco AB  ATCOa.ST : JP Morgan cuts target price to SEK 135 from SEK 159
     * Auto Trader Group Plc  AUTOA.L : HSBC raises target price to 795p from 775p
     * Azerion Group NV  AZRN.AS : Credit Suisse cuts target price to EUR 7.9 from EUR 8.7
     * Bachem Holding AG  BANB.S : Credit Suisse cuts target price to CHF 88 from CHF 99
     * Bodycote Plc  BOY.L : JP Morgan cuts target price to 575p from 665p
     * Burberry Group  BRBY.L : HSBC raises target price to 1950p from 1750p
     * Coloplast  COLOb.CO : Credit Suisse raises target price to DKK 1100 from DKK 1080
     * Electrolux  ELUXb.ST : JP Morgan cuts to underweight from neutral
     * Electrolux  ELUXb.ST : JP Morgan cuts target price to SEK 135 from SEK 160
     * Epiroc AB  EPIRa.ST : JP Morgan cuts target price to SEK 177 from SEK 205
     * GEA Group AG  G1AG.DE : JP Morgan cuts to underweight from neutral
     * GEA Group AG  G1AG.DE : JP Morgan cuts target price to EUR 31 from EUR 36
     * Globaldata Plc  DATA.L : HSBC cuts target price to 1620p from 1720p
     * Halma  HLMA.L : JP Morgan cuts target price to 2175p from 2435p
     * Hermes  HRMS.PA : HSBC cuts to hold from buy
     * Hermes  HRMS.PA : HSBC raises target price to EUR 1500 from EUR 1350
     * IMI Plc  IMI.L : JP Morgan cuts target price to 1650p from 2000p
     * Italy'S Prysmian  PRY.MI : JP Morgan cuts target price to EUR 39 from EUR 41
     * Kering  PRTP.PA : HSBC raises target price to EUR 670 from EUR 600
     * Kion Group AG  KGX.DE : JP Morgan raises to overweight from neutral
     * Kion Group AG  KGX.DE : JP Morgan cuts target price to EUR 58 from EUR 66
     * Knorr Bremse AG  KBX.DE : JP Morgan raises target price to EUR 73 from EUR 70
     * Kone Oyj  KNEBV.HE : JP Morgan cuts target price to EUR 55 from EUR 70
     * Landis+Gyr Group AG  LANDI.S : JP Morgan cuts target price to CHF 61 from CHF 65
     * Legrand  LEGD.PA : JP Morgan raises to overweight from neutral
     * Legrand  LEGD.PA : JP Morgan cuts target price to EUR 95 from EUR 103
     * LVMH  LVMH.PA : HSBC cuts to hold from buy
     * LVMH  LVMH.PA : HSBC raises target price to EUR 725 from EUR 720
     * Marel HF  MARL.AS : JP Morgan cuts target price to EUR 5.9 from EUR 6.5
     * Metso Outotec Corp  MOCORP.HE : JP Morgan cuts target price to EUR 10.5 from EUR 10.7
     * Moncler  MONC.MI : HSBC raises target price to EUR 62 from EUR 53
     * Nexans  NEXS.PA : JP Morgan raises target price to EUR 83 from EUR 80
     * Paragon Banking  PAGPA.L : Jefferies raises target price to 700p from 680p
     * Rexel  RXL.PA : JP Morgan cuts target price to EUR 23.3 from EUR 26.5
     * Richemont BR  CFR.S : HSBC cuts target price to CHF 127 from CHF 137
     * Richemont BR  CFR.S : HSBC cuts to hold from buy
     * Rotork Plc  ROR.L : JP Morgan cuts target price to 320p from 395p
     * Sandvik AB  SAND.ST : JP Morgan cuts target price to SEK 210 from SEK 260
     * Schindler Holding AG  SCHP.S : JP Morgan cuts target price to CHF 210 from CHF 250
     * Sensirion Holding AG  SENSI.S : Credit Suisse raises to neutral from underperform
     * Sensirion Holding AG  SENSI.S : Credit Suisse cuts target price to CHF 92 from CHF 100
     * SGL Carbon SE  SGCG.DE : Berenberg cuts target price to EUR 8.50 from EUR 9.50
     * Siemens AG  SIEGn.DE : JP Morgan cuts target price to EUR 156 from EUR 178
     * Signify NV  LIGHT.AS : JP Morgan raises to overweight from neutral
     * Signify NV  LIGHT.AS : JP Morgan cuts target price to EUR 43 from EUR 53
     * SKF  SKFb.ST : JP Morgan cuts target price to SEK 180 from SEK 210
     * Smiths Group  SMIN.L : JP Morgan cuts target price to 1730p from 1775p
     * Snam  SRG.MI : JP Morgan raises target price to EUR 5.20 from EUR 5.15
     * Spectris Plc  SXS.L : JP Morgan cuts target price to 3050p from 3485p
     * Spirax-Sarco  SPX.L : JP Morgan cuts target price to 12000p from 13200p
     * Stadler Rail AG  SRAIL.S : JP Morgan raises target price to CHF 42 from CHF 40.5
     * Swatch  UHR.S : HSBC cuts target price to CHF 270 from CHF 325
     * Swatch  UHR.S : HSBC cuts to hold from buy
     * Vestas  VWS.CO : JP Morgan raises target price to DKK 143 from DKK 137
     * Wartsila Oyj Abp  WRT1V.HE : JP Morgan cuts target price to EUR 9.2 from EUR 10
     * Watches of Switzerland  WOSG.L : HSBC cuts target price to 1100p from 1230p
     * Weir Group  WEIR.L : JP Morgan raises target price to 1920p from 1900p
 

 (Compiled by Bengaluru Newsroom)
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