Europe Research Roundup: Elia Group SA, Getinge, MTU Aero Engines AG

Aspo Oyj

15/06/2022 08:16

June 15 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Elia Group SA, Getinge and MTU Aero Engines AG, on Wednesday. 
    
    HIGHLIGHTS  
     * Elia Group SA  ELI.BR : Citigroup cuts to sell from neutral
     * Getinge  GETIb.ST : JP Morgan cuts to neutral from overweight
     * Maurel Et Prom  MAUP.PA : Portzamparc cuts to hold from accumulate
     * MTU Aero Engines AG  MTXGn.DE : Berenberg raises to buy from hold
     * Wizz Air  WIZZ.L : Citigroup raises to neutral from sell
    
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 180p from 230p
     * Admiral Group Plc  ADML.L : HSBC cuts target price to 2600p from 3006p
     * Airbus SE  AIR.PA : Berenberg raises target price to EUR 150 from EUR 140
     * Akzo Nobel NV  AKZO.AS : Baader Europe cuts target price to EUR 71.5 from EUR 74.4
     * Akzo Nobel NV  AKZO.AS : Deutsche Bank cuts target price to EUR 90 from EUR 97
     * Akzo Nobel NV  AKZO.AS : JP Morgan cuts target price to EUR 88 from EUR 105
     * Alan Allman Associates SA  AAA.PA : Portzamparc cuts PT to EUR 10.7 from EUR 11.3; hold
     * Alliance pharma Plc  ALAPH.L : Berenberg initiates coverage with buy rating; PT  145p
     * Amundi SA  AMUN.PA : Credit Suisse cuts target price to EUR 54 from EUR 64
     * Anglo Pacific Group Plc  APF.L : Peel Hunt raises target price to 200p from 190p
     * Ashtead Group Plc  AHT.L : Barclays cuts target price to 5650p from 5940p
     * Ashtead Group Plc  AHT.L : RBC raises target price to 4825p from 4625p
     * Aspo Plc  ASPO.HE : Inderes raises target price to EUR 8.0 from EUR 7.5; rating reduce
     * B&M  BMEB.L : Barclays raises to overweight from equal weight; cuts PT to 475p from 600p
     * Carlsberg  CARLb.CO : Barclays raises target price to DKK 1100 from DKK 1023
     * Cranswick Plc  CWK.L : Jefferies cuts target price to 3650p from 3810p
     * Credit Agricole  CAGR.PA : Morgan Stanley cuts target price to EUR 10 from EUR 10.7
     * Crest Nicholson Holdings Plc  CRST.L : Jefferies raises target price to 371p from 367p
     * Deutsche Telekom AG  DTEGn.DE : Morgan Stanley raises target price to EUR 24 from EUR 22
     * DR Martens Plc  DOCS.L : RBC raises target price to 380p from 375p
     * DS Smith  SMDS.L : Jefferies cuts target price to 400p from 430p
     * DWS Group Gmbh & Co KGaA  DWSG.DE : Credit Suisse cuts PT to EUR 28 from EUR 30.7
     * Elia Group SA  ELI.BR : Citigroup cuts price target to EUR 115 from EUR 131
     * Elia Group SA  ELI.BR : Citigroup cuts to sell from neutral
     * Entain  ENT.L : Deutsche Bank cuts target price to 2235p from 2354p
     * Facc AG  FACC.VI : Berenberg raises target price to EUR 8.40 from EUR 8
     * Ferguson  FERG.L : RBC cuts target price to 9800p from 12200p
     * Getinge  GETIb.ST : JP Morgan cuts to neutral from overweight
     * Getinge  GETIb.ST : JP Morgan cuts target price to SEK 344 from SEK 425
     * Getlink  GETP.PA : Morgan Stanley cuts target price to EUR 17 from EUR 17.5
     * Greencore  GNC.L : Berenberg cuts target price to 130p from 175p
     * Halma  HLMA.L : HSBC cuts target price to 2085p from 2395p
     * Heineken NV  HEIN.AS : Barclays raises target price to EUR 92 from EUR 90
     * Hornbach Holding AG & Co KGaA  HBH.DE : Berenberg cuts PT to EUR 125 from EUR 150
     * ING Groep NV  INGA.AS : RBC raises target price to EUR 12.50 from EUR 12
     * IP Group Plc  IPO.L : Berenberg cuts target price to 147p from 162p
     * Kering  PRTP.PA : Jefferies cuts target price to EUR 605 from EUR 695
     * Keywords Studios Plc  KWS.L : Liberum cuts target price to 3000p from 3300p
     * Maurel Et Prom  MAUP.PA : Portzamparc cuts to hold from accumulate
     * Maurel Et Prom  MAUP.PA : Portzamparc raises target price to EUR 5.05 from EUR 4.60
     * MTU Aero Engines AG  MTXGn.DE : Berenberg raises to buy from hold
     * MTU Aero Engines AG  MTXGn.DE : Berenberg raises target price to EUR 230 from EUR 225
     * Ocado  OCDO.L : Berenberg cuts target price to 1415p from 1800p
     * Oxford Instruments  OXIG.L : JP Morgan cuts target price to 2,600p from 2,700p
     * Pets at Home  PETSP.L : Berenberg cuts target price to 470p from 510p
     * Prosus NV  PRX.AS : Deutsche Bank cuts target price to EUR 86 from EUR 125
     * Rolls Royce  RR.L : Berenberg cuts to hold from buy; cuts target price to 100p from 160p
     * Sandvik AB  SAND.ST : Citigroup cuts price target to SEK 235 from SEK 267
     * Schibsted ASA  SCHA.OL : Citigroup cuts price target to NOK 237 from NOK 245
     * Schroders  SDR.L : Credit Suisse cuts target price to 3180p from 3450p
     * Siemens AG  SIEGn.DE : Deutsche Bank cuts target price to EUR 160 from EUR 170
     * Spirax-Sarco  SPX.L : HSBC cuts target price to 10420p from 11890p
     * SSAB AB  SSABa.ST : Citigroup cuts price target to SEK 85 from SEK 87
     * Storskogen Group AB (Publ)  STORb.ST : JP Morgan cuts target price to SEK 13 from SEK 24
     * Subsea 7 SA  SUBC.OL : Berenberg cuts target price to NOK 100 from NOK 102
     * UPM-Kymmene Oyj  UPM.HE : Inderes cuts target price to EUR 33 from EUR 34; accumulate
     * Valneva SE  VLS.PA : Portzamparc resumes with buy; target price EUR 11.4
     * Volvo AB  VOLVb.ST : Citigroup raises price target to SEK 232 from SEK 222
     * Wentworth Resources Plc  WEN.L : Peel Hunt raises target price to 44p from 40p
     * WH Smith Plc  SMWH.L : JP Morgan raises target price to 1930p from 1900p
     * Whitbread  WTB.L : JP Morgan raises target price to 4150p from 4000p
     * Wizz Air  WIZZ.L : Citigroup raises to neutral from sell
     * Wulff Yhtiot Oyj  WUF1V.HE : Inderes raises to buy from accumulate; target price EUR 5.20
    

 (Compiled by Bengaluru Newsroom)
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