Europe Research Roundup: Alior Bank SA, Lundin Energy AB, Shaftesbury Plc

Aspo Oyj

06/05/2021 08:32

May 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Alior Bank SA, Lundin Energy AB and Shaftesbury Plc, on Thursday. 
    
    HIGHLIGHTS  
     * Alior Bank SA  ALRR.WA : JP Morgan cuts to neutral from overweight
     * Iberdrola  IBE.MC : Morgan Stanley raises to overweight from equal-weight
     * ITM Power Plc  ITM.L : Morgan Stanley cuts to equal-weight from overweight
     * Lundin Energy AB  LUNE.ST : RBC cuts to sector perform from outperform
     * Pirelli & C SpA  PIRC.MI : Citigroup cuts to neutral from buy
     * Shaftesbury Plc  SHB.L : Citigroup Re-Establishes coverage with neutral rating
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
     * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan raises PT to DKK 18,667 from DKK 17,203
     * Aalberts NV  AALB.AS : Morgan Stanley raises target price to EUR 50 from EUR 45
     * Adecco Group AG  ADEN.S : Morgan Stanley raises target price to CHF 69 from CHF 66.5
     * Adevinta ASA  ADEV.OL : Deutsche Bank raises target price to NOK 175 from NOK 160
     * Aker BP ASA  AKERBP.OL : HSBC raises target price to NOK 290 from NOK 220
     * Aker Solutions ASA  AKES.OL : Barclays raises price target to NOK 20 from NOK 17
     * Alior Bank SA  ALRR.WA : JP Morgan cuts to neutral from overweight
     * Alior Bank SA  ALRR.WA : JP Morgan raises target price to PLN 32.60 from PLN 30.90
     * Ams AG  AMS.S : Deutsche Bank cuts target price to CHF 20 from CHF 22
     * Amundi SA  AMUN.PA : Credit Suisse raises target price to EUR 82 from EUR 76.20
     * Anheuser Busch Inbev SA  ABI.BR : Bryan Garnier raises to buy from sell
     * Aspo Plc  ASPO.HE : Evli Research raises target price to EUR 10.5 from EUR 9.5
     * Aspo Plc  ASPO.HE : Evli Research raises to buy from hold
     * AXA  AXAF.PA : CFRA raises target price to EUR 28 from EUR 25
     * Bankinter SA  BKT.MC : Morgan Stanley cuts target price to EUR 4.4 from EUR 5.5
     * Barratt  BDEV.L : Credit Suisse raises target price to 838p from 780p
     * BBVA  BBVA.MC : Citigroup raises price target to EUR 5.25 from EUR 4.95
     * BP  BP.L : Bernstein raises target price to 520p from 490p
     * BT  BT.L : Barclays raises price target to 190p from 170p
     * Campari  CPRI.MI : HSBC raises target price to EUR 9.2 from EUR 8.6
     * Campari  CPRI.MI : Morgan Stanley raises target price to EUR 9.5 from EUR 9
     * Centamin Plc  CEY.L : RBC raises target price to 120p from 115p
     * Compass  CPG.L : Deutsche Bank raises target price to 1720p from 1630p
     * Convatec Group Plc  CTEC.L : Peel Hunt raises to buy from add; raises PT to 285p from 240p
     * CVS Group Plc  CVSG.L : Liberum raises target price to 2200p from 1800p
     * Deutsche Bank AG  DBKGn.DE : Citigroup raises price target to EUR 10.5 from EUR 9
     * Deutsche Post AG  DPWGn.DE : Barclays raises price target to EUR 67 from EUR 58
     * Deutsche Post AG  DPWGn.DE : CFRA raises target price to EUR 60 from EUR 53
     * Deutsche Post AG  DPWGn.DE : Credit Suisse raises target price to EUR 56.09 from EUR 51.26
     * Direct Line Insurance  DLGD.L : Deutsche Bank cuts target price to 340p from 350p
     * ENI  ENI.MI : Bernstein raises target price to EUR 9 from EUR 8
     * Equinor ASA  EQNR.OL : Bernstein raises target price to NOK 230 from NOK 194
     * Erste Group Bank AG  ERST.VI : Citigroup raises price target to EUR 34.4 from EUR 32.2
     * Erste Group Bank AG  ERST.VI : Deutsche Bank raises target price to EUR 31 from EUR 26
     * Erste Group Bank AG  ERST.VI : JP Morgan raises target price to EUR 33.50 from EUR 28
     * Etteplan Oyj  ETTE.HE : Evli raises to hold from sell; raises PT to EUR 16 from EUR 13.9
     * Flutter Entertainment Plc  FLTRF.L : Berenberg raises target price to 14,700p from 14,300p
     * Fresnillo Plc  FRES.L : RBC raises target price to 800p from 775p
     * Galp Energia SA  GALP.LS : Bernstein raises target price to EUR 14 from EUR 13
     * Hargreaves Lansdown  HRGV.L : Citigroup raises price target to 1635p from 1560p
     * Heidelbergcement AG  HEIG.DE : Barclays raises price target to EUR 82 from EUR 74
     * Heidelbergcement AG  HEIG.DE : Morgan Stanley raises target price to EUR 84 from EUR 80
     * Hugo Boss AG  BOSSn.DE : Deutsche Bank raises target price to EUR 32 from EUR 30
     * Hugo Boss AG  BOSSn.DE : JP Morgan raises price target to EUR 36.50 from EUR 33
     * Iberdrola  IBE.MC : Morgan Stanley raises to overweight from equal-weight
     * Iberdrola  IBE.MC : Morgan Stanley raises target price to EUR 14 from EUR 12
     * Intermediate Capital Group  ICP.L : Citigroup raises price target to 2368p from 2023p
     * Intesa Sanpaolo SpA  ISP.MI : Credit Suisse ups target price to EUR 2.60 from EUR 2.50
     * Intesa Sanpaolo SpA  ISP.MI : HSBC raises target price to EUR 2.8 from EUR 2.7
     * Investor AB  INVEb.ST : Citigroup raises price target to SEK 711 from SEK 644
     * IP Group Plc  IPO.L : Berenberg raises target price to 151p from 148p
     * ISS  ISS.CO : Morgan Stanley raises target price to DKK 96 from DKK 85
     * ITM Power Plc  ITM.L : Morgan Stanley cuts to equal-weight from overweight
     * ITM Power Plc  ITM.L : Morgan Stanley cuts target price to 440p from 600p
     * ITV  ITV.L : Barclays raises price target to 130p from 125p
     * JTC Plc  JTC.L : Berenberg raises target price to 795p from 765p
     * KPN  KPN.AS : Credit Suisse raises target price to EUR 3.40 from EUR 3.30
     * Landis+Gyr Group AG  LANDI.S : Morgan Stanley raises target price to CHF 65 from CHF 61
     * LSL Property Services Plc  LSL.L : Peel Hunt raises target price to 440p from 280p
     * Lundin Energy AB  LUNE.ST : RBC cuts to sector perform from outperform
     * Meggitt  MGGT.L : HSBC raises target price to 580p from 565p
     * Melrose Industries  MRON.L : JP Morgan raises target price to 215p from 210p
     * Metro AG  B4B.DE : Berenberg cuts target price to EUR 8.90 from EUR 9
     * National Grid  NG.L : Berenberg raises to buy from hold; raises PT to 1,100p from 930p
     * OC Oerlikon Corporation AG Pfaeffikon  OERL.S : Deutsche Bank cuts to hold from buy
     * OCI NV  OCI.AS : Morgan Stanley raises target price to EUR 23 from EUR 20.5
     * OMV AG  OMVV.VI : Deutsche Bank raises target price to EUR 48.9 from EUR 48.3
     * Orsted A/S  ORSTED.CO : JP Morgan cuts to neutral from overweight
     * Orsted A/S  ORSTED.CO : JP Morgan raises target price to DKK 969 from DKK 800
     * Pirelli & C SpA  PIRC.MI : Citigroup cuts price target to EUR 5 from EUR 5.8
     * Pirelli & C SpA  PIRC.MI : Citigroup cuts to neutral from buy
     * Proximus NV  PROX.BR : Citigroup raises price target to EUR 18 from EUR 17
     * Rathbone Brothers Plc  RAT.L : RBC raises target price to 2,020p from 1,975p
     * Rational AG  RAAG.DE : Deutsche Bank raises target price to EUR 490 from EUR 430
     * Rational AG  RAAG.DE : HSBC cuts target price to EUR 637 from EUR 645
     * Restore Plc  RSTP.L : Peel Hunt raises target price to 533p from 510p
     * Rhi Magnesita NV  RHIM.L : Barclays raises price target to 4400p from 3400p
     * Sabadell  SABE.MC : Barclays raises price target to EUR 0.5 from EUR 0.4
     * Sanlorenzo SpA  SNL.MI : Berenberg raises target price to EUR 25 from EUR 24.50
     * Securitas AB  SECUb.ST : Morgan Stanley raises target price to SEK 118 from SEK 115
     * Shaftesbury Plc  SHB.L : Citigroup Re-Establishes coverage with neutral rating
     * Siemens Energy AG  ENR1n.DE : JP Morgan cuts price target to EUR 30 from EUR 32
     * SIG Plc  SHI.L : Citigroup raises price target to 51p from 36p
     * Soltec Power Holdings SA  SOLPW.MC : Berenberg raises PT to EUR 10.40 from EUR 8.50
     * Solvay  SOLB.BR : Berenberg raises target price to EUR 145 from EUR 135
     * Solvay  SOLB.BR : JP Morgan raises target price to EUR 128 from EUR 124
     * Stock Spirits Group Plc  STCK.L : HSBC raises target price to 320p
     * Swedish Match AB  SWMA.ST : Morgan Stanley raises target price to SEK 820 from SEK 810
     * Swedish Orphan Biovitrum  SOBIV.ST : Deutsche Bank cuts PT to SEK 125 from SEK 130
     * Total SE  TOTF.PA : Bernstein raises target price to EUR 46 from EUR 43
     * Trainline  TRNT.L : JP Morgan raises target price to 450p from 430p
     * UDG Healthcare  UDG.L : Barclays raises price target to 975p from 920p
     * Unicaja Banco SA  UNI.MC : Morgan Stanley raises target price to EUR 0.75 from EUR 0.70
     * Vestas  VWS.CO : Deutsche Bank cuts target price to DKK 260 from DKK 280
     * Vestas  VWS.CO : JP Morgan cuts price target to DKK 136 from DKK 140
     * Virgin Money UK Plc  VMUK.L : Deutsche Bank raises target price to 240p from 230p
     * Wolters Kluwer NV  WLSNc.AS : Barclays raises price target to EUR 77.25 from EUR 69
     * Wolters Kluwer NV  WLSNc.AS : Credit Suisse raises target price to EUR 84 from EUR 78.60
     * Zalando SE  ZALG.DE : Credit Suisse raises target price to EUR 100 from EUR 98
 
    

 (Compiled by Bengaluru Newsroom)
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