Europe Research Roundup: Alstom, Siemens, Tesco

Antin Infrastructure Partners SAS

13/09/2024 08:17

Sept 13 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Alstom, Siemens and Tesco, on Friday. 
    
    HIGHLIGHTS  
     * Alstom  ALSO.PA : HSBC raises target price to EUR 26 from EUR 24
     * Hexagon AB  HEXAB.ST : HSBC cuts target price to SEK 110 from SEK 120
     * Siemens AG  SIEGN.DE : HSBC cuts target price to EUR 140 from EUR 150
     * Tesco  TSCO.L : Citigroup raises target price to 425p from 350p
     * Travis Perkins  TPK.L : RBC raises target price to 1,150p from 950p
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
    
     * ABB  ABBN.S : HSBC raises target price to CHF 45 from CHF 43
     * Alcon  ALCC.S : HSBC cuts target price to CHF 89 from CHF 91
     * Alfa Laval AB  ALFA.ST : HSBC raises target price to SEK 490 from SEK 465
     * Alstom  ALSO.PA : HSBC raises target price to EUR 26 from EUR 24
     * Andrada Mining Ltd  ATM.L : Berenberg raises target price to 11p from 10p
     * Antin Infrastructure Partners SAS  ANTIN.PA : Citigroup cuts to neutral from buy
     * Antin Infrastructure Partners SAS  ANTIN.PA : Citigroup cuts PT to EUR 14.3 from EUR
 15.6
     * Assa Abloy  ASSAB.ST : HSBC raises target price to SEK 375 from SEK 345
     * Atlas Copco  ATCOA.ST : HSBC raises target price to SEK 155 from SEK 150
     * BASF SE  BASFn.DE : Jefferies raises to hold from underperform
     * Boliden  BOL.ST : Barclays cuts target price to SEK 365 from SEK 380
     * Computacenter  CCC.L : HSBC cuts target price to 3400p from 3525p
     * Convatec Group  CTEC.L : HSBC cuts target price to 320p from 350p
     * Danone  DANO.PA : Jefferies cuts target price to EUR 63 from EUR 70
     * Danone  DANO.PA : Jefferies cuts to hold from buy
     * Demant  DEMANT.CO : HSBC raises target price to DKK 260 from DKK 230
     * Demant  DEMANT.CO : HSBC raises to hold from reduce
     * Duerr  DUEG.DE : HSBC raises target price to EUR 26 from EUR 22
     * Duerr  DUEG.DE : HSBC raises to buy from hold
     * Entain  ENT.L : HSBC raises target price to 935p from 925p
     * Epiroc  EPIRA.ST : HSBC cuts target price to SEK 190 from SEK 215
     * Eurotelesites  ETS.VI : Barclays raises target price to EUR 5.3 from EUR 5
     * Experian Plc  EXPN.L : Barclays raises target price to 4500p from 4200p
     * Fevertree Drinks Plc  FEVR.L : JP Morgan cuts target price to 900p from 1090p
     * Flutter Entertainment  FLTRF.L : HSBC raises target price to 16200p from 15900p
     * Fresenius SE  FREG.DE : JP Morgan raises target price to EUR 40.1 from EUR 37.6
     * Fresenius SE  FREG.DE : JP Morgan raises to overweight from neutral
     * GN Store Nord  GN.CO : HSBC raises target price to DKK 195 from DKK 190
     * GN Store Nord  GN.CO : HSBC raises to buy from hold
     * Haleon Plc  HLN.L : Jefferies raises target price to 450p from 410p
     * Heliad AG  A7An.DE : Berenberg raises target price to EUR 15.5 from EUR 14.5
     * Henkel AG & Co KGaA  HNKG.DE : Jefferies cuts to hold from buy
     * Henkel AG & Co KGaA  HNKG.DE : Jefferies cuts target price to EUR 88 from EUR 92
     * Hexagon AB  HEXAB.ST : HSBC cuts target price to SEK 110 from SEK 120
     * Kone Oyj  KNEBV.HE : HSBC raises target price to EUR 60 from EUR 58
     * Legrand  LEGD.PA : HSBC raises target price to EUR 92 from EUR 90
     * Lonza  LONN.S : HSBC raises target price to CHF 620 from CHF 610
     * Pan African Resources Plc  PAFR.L : Berenberg cuts target price to 33p from 38p
     * PSP Swiss Property  PSPN.S : Barclays initiates with overweight rating; PT CHF 135
     * Sartorius AG  SATG_p.DE : HSBC raises target price to EUR 310 from EUR 300
     * Sartorius Stedim Biotech  STDM.PA : Barclays raises target to EUR 200 from EUR 180
     * Schindler Holding AG  SCHP.S : HSBC raises target price to CHF 240 from CHF 235
     * Schneider Electric  SCHN.PA : HSBC raises target price to EUR 220 from EUR 210
     * Siemens AG  SIEGN.DE : HSBC cuts target price to EUR 140 from EUR 150
     * Siemens Energy AG  ENR1n.DE : HSBC raises target price to EUR 35 from EUR 33
     * SKF  SKFB.ST : HSBC cuts target price to SEK 190 from SEK 215
     * Straumann  STMN.S : HSBC raises target price to CHF 150 from CHF 116
     * Straumann  STMN.S : HSBC raises to buy from hold
     * Swiss Prime Site  SPSN.S : Barclays initiates with equal-weight rating; PT CHF 92
     * Tesco  TSCO.L : Citigroup raises target price to 425p from 350p
     * Trainline Plc  TRNT.L : Barclays raises target price to 400p from 380p
     * Travis Perkins  TPK.L : RBC raises target price to 1,150p from 950p
     * UPM-Kymmene Oyj  UPM.HE : Morgan Stanley cuts target price to EUR 33 from EUR 36
     * Vestas  VWS.CO : HSBC cuts target price to DKK 220 from DKK 230
     * Wartsila  WRT1V.HE : HSBC cuts target price to EUR 15.5 from EUR 16
     * Wartsila  WRT1V.HE : HSBC cuts to reduce from hold
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))