Europe Research Roundup: Antofagasta, Imperial Brands, Renault
19/01/2023 11:09
Jan 19 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Antofagasta, Imperial Brands and Renault, on Thursday.
HIGHLIGHTS
* Antofagasta ANTO.L : JP Morgan cuts target price to 1280p from 1410p
* Heineken NV HEIN.AS : RBC raises to sector perform from underperform
* Imperial Brands IMB.L : Jefferies cuts target price to 2,007p from 2,008p
* L'Oreal OREP.PA : Berenberg raises target price to EUR 365 from EUR 314
* Renault RENA.PA : HSBC cuts target price to EUR 42.5 from EUR 44
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Aak AB (Publ) AAK.ST : Berenberg raises target price to SEK 185 from SEK 175
* Accor ACCP.PA : Barclays raises target price to EUR 29 from EUR 21
* Accor ACCP.PA : Barclays raises to equal-weight from underweight
* Acerinox SA ACX.MC : Deutsche Bank raises target price to EUR 16 from EUR 15.5
* Aegon N.V. AEGN.AS : Barclays cuts target price to EUR 5.4 from EUR 5.5
* Ageas SA AGES.BR : Barclays raises target price to EUR 50 from EUR 49.5
* Air Liquide AIRP.PA : Cowen and Company raises target price to EUR 190 from EUR 155
* Akwel SA AKW.PA : Midcap Partners cuts target price to EUR 16 from EUR 17; rating 'hold'
* Allfunds Group ALLFG.AS : HSBC cuts target price to EUR 8.5 from EUR 10
* Allfunds Group ALLFG.AS : HSBC cuts to hold from buy
* Allianz SE ALVG.DE : Barclays cuts target price to EUR 220 from EUR 225
* Ams AG AMS.S : Bernstein initiates coverage with market perform rating; PT CHF 7
* Andritz AG ANDR.VI : Exane BNP Paribas cuts to neutral from outperform
* Antofagasta ANTO.L : JP Morgan cuts target price to 1280p from 1410p
* Antofagasta ANTO.L : Scotiabank cuts target price to 1600p from 1700p
* Aperam SA APAM.AS : Deutsche Bank raises target price to EUR 53 from EUR 52
* Aperam SA APAM.AS : JP Morgan raises target price to EUR 33.60 from EUR 31.40
* Aroundtown AT1.DE : Deutsche Bank cuts target price to EUR 2.5 from EUR 3
* Aryzta AG ARYN.S : Baader Helvea raises target price to CHF 1.50 from CHF 1.25
* Asmi ASMI.AS : Bernstein initiates coverage with outperform rating; PT EUR 390
* ASR Nederland NV ASRNL.AS : Barclays cuts target price to EUR 54.5 from EUR 55
* Auto Trader AUTOA.L : Goldman Sachs raises to buy
* Auto1 Group SE AG1G.DE : Goldman Sachs cuts to neutral rating
* Bat BATS.L : Jefferies cuts target price to 4,700p from 4,800p
* Beazley BEZG.L : Barclays raises target price to 755p from 748p
* Beiersdorf AG BEIG.DE : Berenberg raises target price to EUR 144 from EUR 120
* Believe SA BLV.PA : Goldman Sachs raises to buy rating
* Besi BESI.AS : Bernstein initiates coverage with market perform rating; PT EUR 64
* Boohoo BOOH.L : Jefferies cuts target price to 85p from 100p
* Burberry Plc BRBY.L : UBS raises target price to 2321p from 2213p
* Buzzi Unicem SpA BZU.MI : Morgan Stanley raises target price to EUR 20.4 from EUR 19.1
* CA Immo CAIV.VI : Deutsche Bank cuts target price to EUR 35 from EUR 37
* Centamin Plc CEY.L : Berenberg raises target price to 141p from 123p
* Compagnie Financiere Richemont SA CFR.S : Cowen and Company ups PT to CHF 152 from CHF 135
* Compagnie Financiere Richemont SA CFR.S : Stifel raises PT to CHF 155 from CHF 140
* Compagnie Financiere Richemont SA CFR.S : UBS raises PT to CHF 162 from CHF 154
* Craneware Plc CRW.L : Berenberg cuts target price to 2,300p from 2,600p
* Deutsche Telekom DTEGn.DE : Morgan Stanley cuts target price to EUR 27 from EUR 28
* Deutsche Wohnen DWNG.DE : Deutsche Bank cuts target price to EUR 23 from EUR 24
* DFS Furniture Plc DFSD.L : Berenberg cuts target price to 195p from 280p
* Duell OYJ DUELL.HE : Inderes cuts target price to EUR 2.5 from EUR 2.7; rating buy
* Edenred EDEN.PA : JP Morgan cuts target price to EUR 62 from EUR 63
* ENI ENI.MI : Credit Suisse initiates coverage with outperform rating and EUR 20 PT
* ENI ENI.MI : JP Morgan cuts to neutral rating
* EQT AB EQTAB.ST : Barclays cuts target price to SEK 290 from SEK 300
* EQT AB EQTAB.ST : Credit Suisse raises target price to SEK 200 from SEK 194
* Equinor ASA EQNR.OL : JP Morgan cuts to underweight from neutral
* Esker SA ALESK.PA : Stifel cuts to hold from buy; raises PT to EUR 175 from EUR 155
* Essity AB (Publ) ESSITYb.ST : Berenberg raises target price to SEK 289 from SEK 254
* Fevertree Drinks Plc FEVR.L : Berenberg raises target price to 1150p from 1000p
* Fnac Darty FNAC.PA : HSBC cuts target price to EUR 38 from EUR 48
* Fnac Darty FNAC.PA : HSBC cuts to hold from buy
* Gecina GFCP.PA : Deutsche Bank raises target price to EUR 120 from EUR 115
* Gecina GFCP.PA : Deutsche Bank raises to buy from hold
* Givaudan SA GIVN.S : Berenberg cuts target price to CHF 3500 from CHF 3600
* Glanbia Plc GL9.I : Berenberg raises target price to EUR 15.9 from EUR 15
* Grand City Properties GYC.DE : Deutsche Bank cuts target price to EUR 10 from EUR 13
* Hannover Re HNRGN.DE : Barclays raises target price to EUR 158.1 from EUR 149.5
* Heidelbergcement AG HEIG.DE : Jefferies raises target price to EUR 61.3 from EUR 56.7
* Heidelbergcement AG HEIG.DE : Morgan Stanley cuts target price to EUR 67 from EUR 69
* Heineken NV HEIN.AS : RBC raises target price to EUR 91 from EUR 77
* Heineken NV HEIN.AS : RBC raises to sector perform from underperform
* Henkel AG & Co KGaA HNKG_p.DE : Berenberg raises target price to EUR 50 from EUR 49
* Hermes HRMS.PA : Barclays raises target price to EUR 1600 from EUR 1574
* Hiscox Ltd. HSX.L : Barclays raises target price to 1153p from 1145p
* Hugo Boss AG BOSSn.DE : Morgan Stanley assumes coverage with overweight rating
* Hugo Boss AG BOSSn.DE : Morgan Stanley assumes coverage with target price EUR 70 vs EUR 64.5
* Ibstock IBST.L : Deutsche Bank cuts target price to 176p from 200p
* Icade ICAD.PA : Deutsche Bank cuts target price to EUR 42 from EUR 50
* Ilika Plc IKA.L : Berenberg cuts target price to 125p from 130p
* Immofinanz IMFI.VI : Deutsche Bank cuts target price to EUR 10 from EUR 13
* Imperial Brands IMB.L : Jefferies cuts target price to 2,007p from 2,008p
* Infineon Technologies AG IFXGn.DE : Bernstein initiates with outperform rating; PT EUR 40
* Instone Real Estate Group SE INS2.DE : Deutsche Bank cuts PT to EUR 11 from EUR 13
* Instone Real Estate Group SE INS2.DE : Deutsche Bank raises to buy from hold
* Intesa Sanpaolo SpA ISP.MI : Citigroup raises price target to EUR 2.7 from EUR 2.65
* Ipsen SA IPN.PA : UBS raises target price to EUR 108 from EUR 104
* JCDecaux JCDX.PA : Goldman Sachs raises to neutral
* JD Sports JD.L : RBC raises target price to 185p from 150p
* Jde Peet'S JDEP.AS : Berenberg cuts target price to EUR 24.85 from EUR 25.4
* Just Eat Takeaway.Com JETJ.L : Credit Suisse raises target price to 4000p from 3400p
* Just Eat Takeaway.Com JETJ.L : JP Morgan raises target price to 2,328p from 2,114p
* Klepierre LOIM.PA : Deutsche Bank raises target price to EUR 25 from EUR 23
* Klepierre LOIM.PA : Deutsche Bank raises to buy from hold
* Kuehne Und Nagel International AG KNIN.S : Exane BNP Paribas cuts PT to CHF 226 from CHF 273
* Kuehne Und Nagel International AG KNIN.S : Exane BNP Paribas cuts to neutral from outperform
* Lancashire Holdings LRE.L : Barclays raises target price to 693p from 589p
* Largo SA ALLGO.PA : Portzamparc cuts to 'Hold' from 'buy'; cuts PT to EUR 3.6 from EUR 9.3
* Leg LEGn.DE : Deutsche Bank cuts target price to EUR 72 from EUR 90
* Lindt & Spruengli LISN.S : Berenberg cuts target price to CHF 100,000 from CHF 102,000
* L'Oreal OREP.PA : Berenberg raises target price to EUR 365 from EUR 314
* Lotus Bakeries NV LOTB.BR : Berenberg raises target price to EUR 6800 from EUR 6400
* Man Group Plc EMG.L : Credit Suisse raises target price to 265p from 250p
* Melrose Industries MRON.L : Peel Hunt cuts target price to 195p from 285p
* Metrovacesa MVC.MC : Deutsche Bank cuts target price to EUR 6.4 from EUR 7.3
* Montea NV MONTE.BR : Berenberg cuts target price to EUR 92 from EUR 106
* Mowi ASA MOWI.OL : Berenberg cuts target price to NOK 185 from NOK 210
* Munich Re MUVGn.DE : Barclays raises target price to EUR 340 from EUR 320
* National Grid Plc NG.L : UBS raises target price to 1050p from 960p
* Naturgy NTGY.MC : UBS raises target price to EUR 22 from EUR 21.05
* Neste Oyj NESTE.HE : Credit Suisse initiates coverage with EUR 41 target price
* Neste Oyj NESTE.HE : Credit Suisse initiates coverage with underperform rating
* Nestle SA NESN.S : Berenberg raises target price to CHF 130 from CHF 126
* NN Group NV NN.AS : Barclays raises target price to EUR 52 from EUR 51
* OMV AG OMVV.VI : JP Morgan cuts to underweight from neutral
* Outokumpu OUT1V.HE : Deutsche Bank raises target price to EUR 7.5 from EUR 6.5
* Outokumpu Oyj OUT1V.HE : JP Morgan cuts target price to EUR 4.40 from EUR 4.90
* Pearson Plc PSON.L : Barclays cuts target price to 945p from 970p
* Pearson Plc PSON.L : UBS cuts target price to 930p from 940p
* Prosus NV PRX.AS : JP Morgan raises target price to EUR 101.1 from EUR 88
* Realites SA ALREA.PA : Portzamparc cuts target price to EUR 43 from EUR 49.5; rating 'buy'
* Reckitt RKT.L : Berenberg raises target price to 7400p from 7050p
* Relx REL.L : Goldman Sachs cuts to neutral
* Renault RENA.PA : HSBC cuts target price to EUR 42.5 from EUR 44
* Renault RENA.PA : HSBC cuts to hold from buy
* Roche ROG.S : Deutsche Bank cuts target price to CHF 265 from CHF 300
* Roche ROG.S : Deutsche Bank cuts to sell from hold
* RTL Group SA RRTL.DE : Goldman Sachs cuts to sell rating
* Sage Group SGE.L : JP Morgan raises target price to 780p from 725p
* Salmar ASA SALM.OL : Berenberg cuts to sell from hold; cuts PT to NOK 370 from NOK 640
* Salzgitter AG SZGG.DE : JP Morgan raises target price to EUR 21.20 from EUR 18.60
* Santander SAN.MC : RBC cuts target price to EUR 3.60 from EUR 3.75
* Soitec SA SOIT.PA : Bernstein initiates coverage with outperform rating; PT EUR 175
* SSAB AB SSABb.ST : JP Morgan raises target price to SEK 50 from SEK 49
* SSE Plc SSE.L : UBS raises target price to 1950p from 1650p
* St. James's Place SJP.L : Citigroup raises price target to 1207p from 1075p
* STMicroelectronics NV STM.PA : Bernstein initiates with outperform rating; PT EUR 45
* Swiss Re SRENH.S : Barclays raises target price to CHF 90 from CHF 83
* Symrise AG SY1G.DE : Berenberg raises to buy from hold; raises PT to EUR 124 from EUR 115
* TAG Immobilien AG TEGG.DE : Deutsche Bank raises target price to EUR 6.5 from EUR 5.5
* Tate & Lyle TATE.L : Berenberg raises target price to 940p from 935p
* ThyssenKrupp TKAG.DE : JP Morgan raises target price to EUR 5.70 from EUR 5.10
* Ubisoft UBIP.PA : HSBC cuts target price to EUR 21 from EUR 48
* Ubisoft UBIP.PA : HSBC cuts to hold from buy
* Umicore SA UMI.BR : Morgan Stanley cuts target price to EUR 30 from EUR 32
* Unicredit CRDI.MI : Citigroup raises price target to EUR 16.4 from EUR 15.5
* Unilever ULVR.AS : Berenberg raises target price to EUR 58.7 from EUR 55.5
* Unilever ULVR.L : Berenberg raises target price to 5190p from 4800p
* Urw URW.AS : Deutsche Bank cuts target price to EUR 55 from EUR 64
* Vetoquinol SA VETO.PA : Portzamparc cuts target price to EUR 108.8 from EUR 115.3
* Vetoquinol SA VETO.PA : Portzamparc cuts to 'accumulate' from 'buy'
* Virbac SA VIRB.PA : Portzamparc raises PT to EUR 320 from EUR 308.2; rating 'buy'
* Viscofan VIS.MC : UBS cuts to neutral from buy
* Viscofan VIS.MC : UBS raises target price to EUR 65.7 from EUR 64
* Vistry Group Plc VTYV.L : JP Morgan raises target price to 570p from 560p
* Voestalpine AG VOES.VI : JP Morgan raises target price to EUR 21.50 from EUR 21.30
* Vonovia VNAn.DE : Deutsche Bank cuts target price to EUR 27 from EUR 34
* WPP WPP.L : Goldman Sachs raises to buy
* Yellow Cake Plc YCA.L : Canaccord Genuity raises target price to 530p from 505p
* Young & Co'S Brewery Plc YNGa.L : Peel Hunt initiates coverage with buy rating
* Young & Co'S Brewery Plc YNGa.L : Peel Hunt initiates coverage with price target 1600p
* Zurich Insurance Group AG ZURN.S : Barclays cuts target price to CHF 515 from CHF 520
(Compiled by Bengaluru Newsroom)
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