Europe Research Roundup: BMW, Daimler AG, Inditex

Ascom Holding AG

12/03/2021 07:22

March 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BMW, Daimler AG and Inditex, on Friday. 
    
    HIGHLIGHTS  
     * BMW  BMWG.DE : Barclays cuts to equal weight from overweight
     * Daimler AG  DAIGn.DE : Barclays raises to overweight from equal weight
     * Hollywood Bowl Group Plc  BOWL.L : Peel Hunt cuts to hold from add
     * Inditex  ITX.MC : Jefferies cuts to hold from buy
     * Petra Diamonds  PDL.L : Berenberg raises to buy from hold
          
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Adidas AG  ADSGn.DE : Credit Suisse raises target price to EUR 305 from EUR 295
     * Admiral  ADML.L : HSBC cuts target price to 2660p from 2800p
     * Anglo American  AAL.L : Berenberg raises target price to 3300p from 3200p
     * Ascential  ASCL.L : HSBC raises target price to 465p from 390p
     * Ascom Holding AG  ASCN.S : Credit Suisse raises target price to CHF 18.10 from CHF 18
     * Avast  AVST.L : Citigroup cuts price target to 610p from 630p
     * Barco NV  BAR.BR : Berenberg raises target price to EUR 24 from EUR 22
     * BMW  BMWG.DE : Barclays cuts to equal weight from overweight
     * BMW  BMWG.DE : Barclays raises target price to EUR 83 from EUR 78
     * Brenntag SE  BNRGn.DE : Jefferies raises target price to EUR 72 from EUR 60
     * Compass  CPG.L : Credit Suisse raises target price to 1,900p from 1,800p
     * Contourglobal  GLO.L : Citigroup raises price target to 204p from 187p
     * Daimler AG  DAIGn.DE : Barclays raises target price to EUR 96 from EUR 55
     * Daimler AG  DAIGn.DE : Barclays raises to overweight from equal weight
     * Delivery Hero SE  DHER.DE : Jefferies cuts target price to EUR 128 from EUR 130
     * Diasorin SpA  DIAS.MI : Jefferies cuts target price to EUR 120 from EUR 130
     * Direct Line Insurance  DLGD.L : HSBC cuts target price to 350p from 370p
     * Elior Group SA  ELIOR.PA : Credit Suisse raises target price to EUR 4.50 from EUR 4.10
     * Elior Group SA  ELIOR.PA : JP Morgan raises target price to EUR 8.5 from EUR 5.5
     * Finecobank  FBK.MI : HSBC raises target price to EUR 15.6 from EUR 15.4
     * Gem Diamonds Ltd  GEMD.L : Berenberg raises target price to 80p from 55p
     * Generali  GASI.MI : Berenberg raises target price to EUR 19.8 from EUR 19.5
     * Generali  GASI.MI : Citigroup raises price target to EUR 18 from EUR 17.29
     * Hannover Rueck SE  HNRGn.DE : Citigroup raises price target to EUR 151.2 from EUR 139.2
     * Hollywood Bowl Group Plc  BOWL.L : Peel Hunt cuts to hold from add
     * Hollywood Bowl Group Plc  BOWL.L : Peel Hunt raises target price to 250p from 220p
     * Hutchison China Meditech Ltd  HCM.L : HSBC cuts target price to 660p from 691p
     * Huuuge Inc  HUGEP.WA : Jefferies initiates coverage with buy rating and PLN 60 PT
     * Inditex  ITX.MC : Jefferies cuts to hold from buy
     * IP Group Plc  IPO.L : Berenberg raises target price to 148p from 138p
     * IWG  IWG.L : Credit Suisse cuts target price to 400p from 415p
     * Just Eat Takeaway.Com  JETJ.L : Jefferies raises target price to 12500p from 12200p
     * K+S  SDFGn.DE : Scotiabank raises target price to EUR 12 from EUR 10
     * Lanxess AG  LXSG.DE : Credit Suisse raises target price to EUR 68 from EUR 66
     * Lenzing AG  LENV.VI : Berenberg raises target price to EUR 115 from EUR 85
     * LPKF  LPKG.DE : HSBC raises target price to EUR 33 from EUR 32
     * LVMH  LVMH.PA : Citigroup resumes coverage with buy rating; target price EUR 620
     * Lxi  LXIL.L : Jefferies raises to buy rating; raises target price to 140p from 132p
     * M&G  MNG.L : JP Morgan raises target price to 255p from 231p
     * Petra Diamonds  PDL.L : Berenberg raises to buy from hold
     * Phoenix  PHNX.L : Citigroup raises price target to 748p from 712p
     * Pirelli & C SpA  PIRC.MI : HSBC raises target price to EUR 4.7 from EUR 4.6
     * Porsche SE  PSHG_p.DE : Barclays raises target price to EUR 112 from EUR 72
     * Prudential  PRU.L : Credit Suisse raises target price to 1,750p from 1600p
     * Renault  RENA.PA : Barclays cuts to underweight from equal weight
     * Renault  RENA.PA : Barclays raises target price to EUR 35 from EUR 28
     * Royal Mail Plc  RMG.L : HSBC raises target price to 650p from 600p
     * Scor  SCOR.PA : SocGen cuts to hold from buy; cuts target price to EUR 32 from EUR 32.50
     * Sodexo  EXHO.PA : Credit Suisse raises target price to EUR 76 from EUR 70
     * Solgold Plc  SOLG.L : Peel Hunt cuts target price to 53p from 54p
     * Standard Life Aberdeen  SLA.L : Credit Suisse raises target price to 260p from 250p
     * Traton SE  8TRA.DE : Barclays raises target price to EUR 30 from EUR 25
     * Vat Group AG  VACN.S : RBC raises target price to CHF 300 from CHF 280
     * Volkswagen AG  VOWG.DE : HSBC raises target price to EUR 270 from EUR 210
     * Volkswagen AG  VOWG_p.DE : Barclays raises target price to EUR 250 from EUR 175
     * Volkswagen AG  VOWG_p.DE : HSBC raises target price to EUR 250 from EUR 195
     * WM Morrison  MRW.L : Berenberg cuts target price to 202p from 207p
     * WPP  WPP.L : Credit Suisse raises target price to 835p from 745p
    

 (Compiled by Bengaluru Newsroom)
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