Europe Research Roundup: Adyen, Berkeley, Iveco
09/12/2024 08:12
Dec 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adyen, Berkeley and Iveco, on Monday.
HIGHLIGHTS
* Adyen NV ADYEN.AS : JP Morgan raises target price to EUR 1659 from EUR 1500
* Berkeley Group BKGH.L : Berenberg cuts target price to 5,500p from 6,200p
* Iveco Group IVG.MI : Deutsche Bank cuts to hold from buy
* SAP SE SAPG.DE : Citigroup raises target price to EUR 300 from EUR 260
* Weir Group WEIR.L : Morgan Stanley raises to overweight from underweight
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* 1&1 AG 1U1.DE : Goldman Sachs raises to buy from neutral
* ABB Ltd ABBN.S : Morgan Stanley raises target price to CHF 48 from CHF 45
* ABB Ltd ABBN.S : Morgan Stanley raises to equalweight from underweight
* Adyen NV ADYEN.AS : JP Morgan raises target price to EUR 1659 from EUR 1500
* Adyen NV ADYEN.AS : KBW raises target price to EUR 1750 from EUR 1720
* Ashtead AHT.L : Deutsche Bank cuts to hold from buy
* Atlas Copco AB ATCOa.ST : Morgan Stanley cuts target price to SEK 170 from SEK 175
* Atlas Copco AB ATCOa.ST : Morgan Stanley raises to equal weight from underweight
* Baltic Classifieds Group BCG.L : Deutsche Bank cuts to hold from buy
* Baltic Classifieds Group Plc BCG.L : Deutsche Bank raises PT to 373p from 329p
* BAT BATS.L : Citigroup raises target price to 3200p from 2875p
* Berkeley Group BKGH.L : Berenberg cuts target price to 5,500p from 6,200p
* Berkeley Group BKGH.L : RBC cuts target price to 4700p from 4950p
* Berkeley Group Holdings Plc BKGH.L : Morgan Stanley cuts PT to 4200p from 4546p
* Coca-Cola Europacific Partners CCEPC.AS : Morgan Stanley ups PT to EUR 87 from EUR 69
* Coca-Cola Europacific Partners CCEPC.AS : Morgan Stanley ups to overweight from equal-weight
* Credit Agricole CAGR.PA : Exane BNP Paribas cuts target price to EUR 15 from EUR 17
* Credit Agricole CAGR.PA : Exane BNP Paribas cuts to neutral from outperform
* Daimler Truck DTGGe.DE : Deutsche Bank cuts target price to EUR 45 from EUR 55
* Elis ELIS.PA : Deutsche Bank cuts target price to EUR 29 from EUR 30
* Epiroc AB EPIRa.ST : Morgan Stanley cuts target price to SEK 182 from SEK 200
* Epiroc AB EPIRa.ST : Morgan Stanley cuts to underweight from equal weight
* Equinor ASA EQNR.OL : JP Morgan raises to overweight from underweight
* Ericsson ERICb.ST : JP Morgan raises target price to SEK 98 from SEK 70.5
* Fevertree Drinks Plc FEVR.L : Citigroup cuts target price to 800p from 860p
* Frasers Group FRAS.L : Barclays cuts target price to 760p from 905p
* Frasers Group FRAS.L : Barclays cuts to equal-weight from overweight
* Freenet AG FNTGn.DE : Goldman Sachs cuts to sell from neutral
* Heineken NV HEIN.AS : Citigroup cuts target price to EUR 95 from EUR 99
* Imperial Brands IMB.L : Citigroup raises target price to 2835p from 2775p
* Infrastrutture Wireless Italiane SpA INWT.MI : Goldman Sachs raises to buy rating
* Inspecs Group Plc SPECI.L : Peel Hunt cuts target price to 60p from 100p
* Iveco Group IVG.MI : Deutsche Bank cuts to hold from buy
* Iveco Group NV IVG.MI : Deutsche Bank cuts target price to EUR 11 from EUR 14
* Kion Group AG KGX.DE : Morgan Stanley cuts target price to EUR 40 from EUR 44
* Kone Oyj KNEBV.HE : Morgan Stanley cuts target price to EUR 44 from EUR 50
* Kone Oyj KNEBV.HE : Morgan Stanley cuts to underweight from overweight
* LSEG LSEG.L : Jefferies raises target price to 13500p from 12500p
* Marlowe Plc MRLM.L : Berenberg cuts target price to 400p from 710p
* Metro Bank MTRO.L : Peel Hunt raises target price to 90p from 60p
* Metso Corporation METSO.HE : Morgan Stanley cuts target price to EUR 9.8 from EUR 10
* Neste Oyj NESTE.HE : Citigroup cuts target price to EUR 16 from EUR 24
* Neste Oyj NESTE.HE : Citigroup cuts to neutral from buy
* Neste Oyj NESTE.HE : JP Morgan raises to neutral from underweight
* Nokia Oyj NOKIA.HE : JP Morgan raises target price to EUR 6.05 from EUR 4
* Nokia Oyj NOKIA.HE : JP Morgan raises to overweight from neutral
* Nordic Semiconductor ASA NOD.OL : JP Morgan cuts PT to NOK 145 from NOK 180
* Paragon Banking PAGPA.L : Deutsche Bank raises target price to 850p from 640p
* Porsche PSHG_p.DE : Deutsche Bank cuts target price to EUR 55 from EUR 70
* Porsche AG P911_p.DE : Deutsche Bank cuts target price to EUR 80 from EUR 85
* Randstad RAND.AS : Deutsche Bank cuts target price to EUR 46 from EUR 54
* Repsol REP.MC : JP Morgan cuts to underweight from neutral
* Rexel RXL.PA : Morgan Stanley raises target price to EUR 29 from EUR 24
* Rexel RXL.PA : Morgan Stanley raises to overweight from equal weight
* Sabre Insurance Group Plc SBRE.L : Jefferies raises target price to 145p from 140p
* Sandvik AB SAND.ST : Morgan Stanley raises target price to SEK 220 from SEK 215
* SAP SE SAPG.DE : Citigroup raises target price to EUR 300 from EUR 260
* SGS SGSN.S : Deutsche Bank raises target price to CHF 94 from CHF 91.6
* Signify NV LIGHT.AS : Morgan Stanley cuts target price to EUR 25 from EUR 27
* Signify NV LIGHT.AS : Morgan Stanley cuts to equal weight from overweight
* Societe Generale SA SOGN.PA : Exane BNP Paribas raises aPT to EUR 35 from EUR 30
* Societe Generale SA SOGN.PA : Exane BNP Paribas raises to outperform from neutral
* Soitec SA SOIT.PA : Berenberg cuts target price to EUR 120 from EUR 130
* Soitec SA SOIT.PA : JP Morgan cuts target price to EUR 100 from EUR 110
* Spirax Group Plc SPX.L : Morgan Stanley cuts target price to 8500p from 9000p
* Spirax Group Plc SPX.L : Morgan Stanley raises to overweight from equal weight
* STMicroelectronics NV STMPA.PA : JP Morgan cuts target price to EUR 30 from EUR 35
* STMicroelectronics NV STMPA.PA : JP Morgan cuts to neutral from overweight
* Sunrise Communications AG SUNN.S : Goldman Sachs initiates coverage with PT CHF 41
* Sunrise Communications AG SUNN.S : Goldman Sachs initiates coverage with sell rating
* Traton 8TRA.DE : Deutsche Bank cuts target price to EUR 42 from EUR 55
* Valeo VLOF.PA : Citigroup cuts target price to EUR 9.30 from EUR 12.80
* Vodafone VOD.L : Goldman Sachs cuts to neutral from buy
* Volvo AB VOLVb.ST : Deutsche Bank cuts target price to SEK 326 from SEK 380
* Weir Group WEIR.L : Morgan Stanley raises target price to 2560p from 2080p
* Weir Group WEIR.L : Morgan Stanley raises to overweight from underweight
* Workspace WKP.L : Berenberg cuts target price to 653p from 688p
(Compiled by Bengaluru Newsroom)
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