Europe Research Roundup: Airtel Africa, Serica Energy, Volkswagen

ASR Nederland NV

04/09/2024 08:02

Sept 4 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Airtel Africa, Serica Energy and Volkswagen, on Wednesday.
    
    HIGHLIGHTS  
    
     * Airtel Africa  AAF.L : JP Morgan cuts to neutral from overweight
     * Serica Energy Plc  SQZ.L : Jefferies cuts target price to 185p from 225p
     * Volkswagen AG  VOWG_p.DE : Citigroup cuts target price to EUR 137 from EUR 140
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
    
     * Airtel Africa  AAF.L : JP Morgan cuts to neutral from overweight
     * Airtel Africa  AAF.L : JP Morgan cuts target price to 121p from 139p
     * Aixtron SE  AIXGn.DE : Jefferies cuts target price to EUR 27 from EUR 35
     * Argan SA  ARGAN.PA : Jefferies raises to buy from hold; raises PT to EUR 90 from EUR 78
     * ASR Nederland NV  ASRNL.AS : HSBC cuts target price to EUR 51.5 from EUR 53
     * Barry Callebaut AG  BARN.S : JP Morgan initiates with neutral rating; PT CHF 1,600
     * BMO Commercial Property  BCPT.L : Peel Hunt raises target price to 95p from 90p
     * Bossard Holding AG  BOS.S : Berenberg raises target price to CHF 269 from CHF 260
     * Carmat  ALCAR.PA : H.C. Wainwright cuts target price to EUR 6 from EUR 17
     * Centrica  CNA.L : HSBC cuts target price to 145p from 180p
     * Centrica  CNA.L : HSBC cuts to hold from buy
     * Ctp NV  CTPNV.AS : Jefferies raises target price to EUR 20 from EUR 18
     * DEME  DEME.BR : Berenberg cuts target price to EUR 180 from EUR 185
     * Elekta AB  EKTAb.ST : Jefferies cuts target price to SEK 76 from SEK 85
     * Enquest Plc  ENQ.L : Jefferies cuts target price to 14p from 17p
     * Inditex  ITX.MC : HSBC raises target price to EUR 55 from EUR 53
     * Johnson Service Group Plc  JSG.L : RBC raises target price to 165p from 155p
     * Jost Werke SE  JST.DE : Berenberg initiates coverage with buy rating; target EUR 55
     * Lindt & Spruengli  LISN.S : JP Morgan initiates with underweight rating; PT CHF 90,000
     * Lindt & Spruengli  LISP.S : JP Morgan initiates with underweight rating; PT CHF 9,000
     * Mersen SA  CBLP.PA : Berenberg cuts target price to EUR 41 from EUR 45
     * Mobico Group Plc  MCG.L : Jefferies raises target price to 90p from 80p
     * Oxford Nanopore Technologies Plc  ONT.L : Piper Sandler cuts target to 160p from 190p
     * Recticel NV  RECT.BR : Berenberg raises target price to EUR 14.5 from EUR 13.5
     * Serica Energy Plc  SQZ.L : Jefferies cuts target price to 185p from 225p
     * Sopra Steria Group SA  SOPR.PA : Berenberg cuts target price to EUR 232 from EUR 238
     * Vestas  VWS.CO : Citigroup cuts target price to DKK 280 from DKK 300
     * Volkswagen AG  VOWG_p.DE : Citigroup cuts target price to EUR 137 from EUR 140
     * WDP  WDPP.BR : Jefferies cuts target price to EUR 21 from EUR 22
  

 (Compiled by Bengaluru Newsroom)
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