Europe Research Roundup: Ihg, Shell, Siemens Energy

Ascom Holding AG

09/08/2023 08:38

Aug 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ihg, Shell and Siemens Energy, on Wednesday. 
    
    HIGHLIGHTS
                 * Ihg  IHG.L : JP Morgan raises target price to 6300p from 6200p 
 
                 * Shell Plc  SHEL.L : HSBC raises target price to 2670p from 2570p     
 
                 * Siemens Energy AG  ENR1n.DE : JP Morgan cuts to neutral from overweight    
 
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * Abrdn Plc  ABDN.L : Credit Suisse cuts target price to 195p from 210p 
 
                 * Amadeus  AMA.MC : HSBC raises target price to EUR 65 from EUR 62 
 
                 * Ascom Holding AG  ASCN.S : Credit Suisse raises target price to CHF 11.8 from CHF 9.5 
 
                 * AXA  AXAF.PA : Berenberg raises target price to EUR 33.50 from EUR 33 
 
                 * AXA  AXAF.PA : HSBC cuts target price to EUR 35.8 from EUR 36.6 
 
                 * BP  BP.L : HSBC raises target price to 555p from 515p 
 
                 * Dufry AG  DUFN.S : JP Morgan raises target price to CHF 61 from CHF 60 
 
                 * ENI  ENI.MI : HSBC raises target price to EUR 14.5 from EUR 14.2 
 
                 * Equinor  EQNR.OL : HSBC cuts target price to NOK 306 from NOK 310 
 
                 * Fortum Oyj  FORTUM.HE : Credit Suisse cuts target price to EUR 13 from EUR 13.50 
 
                 * Fraport  FRAG.DE : JP Morgan raises target price to EUR 51 from EUR 48 
 
                 * Glencore  GLEN.L : Credit Suisse cuts target price to 500p from 525p 
 
                 * Ihg  IHG.L : JP Morgan raises target price to 6300p from 6200p 
 
                 * Repsol  REP.MC : HSBC raises target price to EUR 14.4 from EUR 13.8 
 
                 * Saudi Aramco  2222.SE : HSBC raises target price to sar 35.1 from sar 33.5 
 
                 * Scout24 SE  G24n.DE : Credit Suisse raises target price to EUR 66 from EUR 60 
 
                 * Scout24 SE  G24n.DE : JP Morgan raises target price to EUR 68 from EUR 67 
 
                 * Shell Plc  SHEL.L : HSBC raises target price to 2670p from 2570p 
 
                 * Siemens Energy AG  ENR1n.DE : JP Morgan cuts to neutral from overweight
 
                 * Siemens Energy AG  ENR1n.DE : JP Morgan cuts target price to EUR 18 from EUR 23 
 
                 * Sika AG  SIKA.S : Credit Suisse cuts target price to CHF 318 from CHF 337 
 
                 * Totalenergies SE  TTEF.PA : HSBC raises target price to EUR 61.4 from EUR 58.8 
 
                 * Vonovia  VNAN.DE : HSBC cuts target price to EUR 35 from EUR 38 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))