Europe Research Roundup: Carlsberg, Danske Bank, Teleperformance

Antin Infrastructure Partners SAS

10/05/2024 08:00

May 10 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Carlsberg, Danske Bank and Teleperformance, on Friday. 
    
    HIGHLIGHTS  
    
     * Carlsberg A/S  CARLB.CO : HSBC raises target price to DKK 1040 from DKK 1030
     * Danske Bank  DANSKE.CO : HSBC cuts target price to DKK 231 from DKK 238
     * Hermes  HRMS.PA : Jefferies initiates coverage with buy rating; price target EUR 2,650
     * Rathbone Brothers Plc  RAT.L : Barclays raises target price to 1640p from 1520p
     * Teleperformance SE  TEPRF.PA : Berenberg raises target price to EUR 215 from EUR 205
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
    
     * 3I Group Plc  III.L : Barclays cuts target price to 3030p from 3050p
     * Acerinox SA  ACX.MC : Morgan Stanley raises target price to EUR 14.9 from EUR 13.6
     * Airtel Africa  AAF.L : Barclays cuts target price to 135p from 150p
     * Amundi SA  AMUN.PA : Jefferies raises target price to EUR 80.00 from EUR 71.00
     * Anheuser Busch Inbev SA  ABI.BR : TD Cowen raises target price to EUR 63 from EUR 60
     * Anheuser-Busch Inbev SA  ABI.BR : Morgan Stanley raises target to EUR 65 from EUR 63.5
     * Antin Infrastructure Partners SAS  ANTIN.PA : Jefferies cuts PT to EUR 18 from EUR 19
     * Ascential Plc  ASCL.L : Barclays raises target price to 365p from 350p
     * Athens International Airport SA  AIAr.AT : Barclays raises PT to EUR 8.45 from EUR 8.4
     * Auto1 Group SE  AG1G.DE : Morgan Stanley raises target price to EUR 6.5 from EUR 5
     * Bpost SA  BPOST.BR : Jefferies cuts target price to EUR 3.5 from EUR 3.8
     * Bpost SA  BPOST.BR : Jefferies raises to hold from underperform
     * Carlsberg A/S  CARLB.CO : HSBC raises target price to DKK 1040 from DKK 1030
     * Castellum  CAST.ST : Barclays cuts target price to SEK 110 from SEK 135
     * Castellum  CAST.ST : Barclays cuts to underweight from overweight
     * Clarkson Plc  CKN.L : HSBC raises target price to 4245p from 3530p
     * Cucinelli  BCU.MI : Jefferies assumes coverage with hold vs buy rating
     * Cucinelli  BCU.MI : Jefferies assumes coverage with price target EUR 97 vs EUR 101
     * Danske Bank  DANSKE.CO : HSBC cuts target price to DKK 231 from DKK 238
     * Deutsche Pfandbriefbank AG  PBBG.DE : Citigroup raises to neutral from sell
     * Deutsche Pfandbriefbank AG  PBBG.DE : Citigroup raises target to EUR 5 from EUR 3.60
     * DWS Group Gmbh & Co KGaA  DWSG.DE : Jefferies cuts to hold from buy
     * Entra  ENTRA.OL : Barclays raises target price to NOK 105 from NOK 100
     * EQT AB  EQTAB.ST : Jefferies raises target price to SEK 365 from SEK 320
     * Etteplan Oyj  ETTE.HE : Evli Research raises target price to EUR 14.5 from EUR 14.0
     * Evonik Industries AG  EVKn.DE : Morgan Stanley raises target to EUR 21.5 from EUR 21
     * Fabege  FABG.ST : Barclays cuts target price to SEK 78 from SEK 80
     * Greencore  GNC.L : HSBC raises target price to 150p from 130p
     * Grifols SA  GRLS.MC : Morgan Stanley cuts target price to EUR 11 from EUR 14
     * Handelsbanken  SHBa.ST : HSBC cuts target price to SEK 105 from SEK 128
     * Hermes  HRMS.PA : Jefferies initiates coverage with buy rating; price target EUR 2,650
     * Iberdrola  IBE.MC : Berenberg raises target price to EUR 12.3 from EUR 11.5
     * Italy's Prysmian  PRY.MI : Citigroup raises target price to EUR 62.50 from EUR 53
     * Italy's Prysmian  PRY.MI : Morgan Stanley raises target price to EUR 57 from EUR 51
     * ITV Plc  ITV.L : Barclays raises target price to 85p from 80p
     * KBC Groep  KBC.BR : Barclays raises target price to EUR 67 from EUR 63
     * Legrand  LEGD.PA : Citigroup raises to buy from sell; raises PT to EUR 125 from EUR 85
     * Man Group Plc  EMG.L : Jefferies raises target price to 325p from 300p
     * Meyer Burger Technology AG  MBTN.S : Jefferies resumes coverage with hold rating
     * Pan African Resources Plc  PAFR.L : Peel Hunt raises target price to 27p from 26p
     * Partners Group Holding AG  PGHN.S : Jefferies raises target to CHF 1,170 from CHF 1,050
     * Petershill Partners Plc  PHLL.L : Jefferies raises target price to 265p from 235p
     * PostNL NV  PTNL.AS : Jefferies cuts target price to EUR 1.2 from EUR 1.5
     * Rathbone Brothers Plc  RAT.L : Barclays raises target price to 1640p from 1520p
     * Recordati  RECI.MI : Barclays raises target price to EUR 44 from EUR 43
     * Schneider Electric  SCHN.PA : Citigroup raises target price to EUR 235 from EUR 210
     * Schroders  SDR.L : Jefferies cuts target price to 385p from 430p
     * SMA Solar  S92G.DE : Jefferies cuts target price to EUR 48 from EUR 51
     * Symrise AG  SY1G.DE : Berenberg cuts to hold from buy
     * Symrise AG  SY1G.DE : Berenberg cuts target price to EUR 106.00 from EUR 126.00
     * Synthomer  SYNTS.L : Berenberg raises target price to 375p from 320p
     * Synthomer Plc  SYNTS.L : Morgan Stanley raises target price to 230p from 210p
     * Teleperformance SE  TEPRF.PA : Berenberg raises target price to EUR 215 from EUR 205
     * Veolia  VIE.PA : Berenberg cuts target price to EUR 35.00 from EUR 38.00
     * WH Smith Plc  SMWH.L : Berenberg cuts target price to 1,600p from 1,800p
     * Zalando SE  ZALG.DE : Berenberg raises to buy from hold
     * Zalando SE  ZALG.DE : Berenberg raises target price to EUR 29.70 from EUR 25.20
     * Zalando SE  ZALG.DE : HSBC raises target price to EUR 35 from EUR 33
  

 (Compiled by Bengaluru Newsroom)
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