Europe Research Roundup: Adidas, Geberit, UCB

Associated British Foods

Yesterday 07:48

July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Geberit and UCB, on Thursday.
     
HIGHLIGHTS
     
* Adidas AG ADSGn.DE: JP Morgan resumes coverage with overweight rating
* Geberit AG GEBN.S: Morgan Stanley raises target price to CHF 521 from CHF 520 
* JD Sports JD.L: JP Morgan resumes coverage with neutral rating
* NKT A/S NKT.CO: JP Morgan raises target price to DKK 905 from DKK 850 
* UCB SA UCB.BR: Berenberg raises target price to EUR 305 from EUR 290 
 
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in alphabetical order.  

* Abivax SA ABVX.PA: Stifel raises target price to EUR 175 from EUR 115 
* Adidas AG ADSGn.DE: JP Morgan resumes coverage with overweight rating
* Adidas AG ADSGn.DE: JP Morgan resumes coverage with target price EUR 230 
* Alfa Laval AB ALFA.ST: JP Morgan raises target price to SEK 565 from SEK 520 
* Antofagasta Plc ANTO.L: Deutsche Bank raises target price to 3400p from 3100p 
* Ascencio ASCE.BR: Kepler Cheuvreux raises target price to EUR 55 from EUR 54 
* Asmi ASMI.AS: Jefferies raises target price to EUR 780 from EUR 670 
* ASML Holding NV ASML.AS: Goldman Sachs raises target price to EUR 2000 from EUR 1770 
* ASML Holding NV ASML.AS: Jefferies raises target price to EUR 1560 from EUR 1260 
* Associated British Foods ABF.L: Barclays cuts target price to 1940p from 2000p 
* Associated British Foods ABF.L: UBS cuts target price to 2010p from 2050p 
* Balfour Beatty Plc BALF.L: Kepler Cheuvreux initiates coverage with buy rating and target price 1040p 
* Banco Sabadell SABE.MC: Morgan Stanley raises target price to EUR 3 from EUR 2.85 
* Bankinter BKT.MC: Morgan Stanley raises target price to EUR 16 from EUR 15 
* Barclays Bank BARC.L: Morgan Stanley raises target price to 610p from 540p 
* Bayer BAYGn.DE: Deutsche Bank raises target price to EUR 60 from EUR 45 
* Bayer BAYGn.DE: Deutsche Bank raises to buy from hold 
* Boliden AB BOL.ST: Deutsche Bank raises target price to SEK 640 from SEK 620 
* Brunello Cucinelli S.P.A BCU.MI: UBS cuts target price to EUR 98 from EUR 114 
* Burberry BRBY.L: UBS raises target price to 1425p from 1420p 
* Caixabank SA CABK.MC: Morgan Stanley raises target price to EUR 13 from EUR 12 
* Carrefour SA CARR.PA: UBS raises target price to EUR 19 from EUR 13.2 
* Carrefour SA CARR.PA: UBS raises to buy from neutral 
* Coca-Cola Europacific Partners CCEPC.L: Deutsche Bank raises target price to 8480p from 8320p 
* Compagnie Financiere Richemont SA CFR.S: UBS raises target price to CHF 213 from CHF 186 
* Continental AG CONG.DE: Deutsche Bank raises target price to EUR 75 from EUR 70 
* Deutsche Bank DBKGn.DE: Morgan Stanley raises target price to EUR 36 from EUR 34 
* Deutsche Telekom AG DTEGn.DE: Barclays cuts target price to EUR 36.5 from EUR 39.5 
* DHL Group DHLn.DE: BofA Global Research raises price objective to EUR 59 from EUR 58 
* EasyJet EZJ.L: JP Morgan raises target price to 360p from 340p 
* Essilorluxottica ESLX.PA: UBS cuts target price to EUR 278 from EUR 312 
* Geberit AG GEBN.S: Morgan Stanley raises target price to CHF 521 from CHF 520 
* GL Events SA GLTN.PA: Kepler Cheuvreux initiates coverage with buy rating
* GL Events SA GLTN.PA: Kepler Cheuvreux initiates coverage with price target EUR 38 
* Glencore GLEN.L: Deutsche Bank raises target price to 630p from 610p 
* Groupe LDC LOUP.PA: TP ICAP Midcap raises PT to EUR 141 from EUR 131; rating 'buy' 
* Heidelberg Materials HEIG.DE: Barclays cuts target price to EUR 226 from EUR 243 
* Hermes International SCA HRMS.PA: UBS raises target price to EUR 1795 from EUR 1765 
* Holcim HOLN.S: Barclays cuts target price to CHF 86 from CHF 87 
* Hugo Boss AG BOSSn.DE: UBS raises target price to EUR 38.6 from EUR 36.3 
* Intrum AB INTRUM.ST: UBS raises target price to SEK 5.3 from SEK 5 
* ISS ISS.CO: Jefferies raises target price to DKK 315 from DKK 300 
* Italy's Prysmian PRY.MI: JP Morgan raises target price to EUR 190 from EUR 172
* JD Sports JD.L: JP Morgan resumes coverage with neutral rating
* JD Sports JD.L: JP Morgan resumes coverage with target price 90p 
* Julius Baer BAER.S: Deutsche Bank raises target price to CHF 76 from CHF 73 
* Julius Baer BAER.S: Morgan Stanley raises target price to CHF 66 from CHF 62 
* Jyske Bank JYSK.CO: UBS raises target price to DKK 980 from DKK 964 
* Kering PRTP.PA: UBS raises target price to EUR 276 from EUR 271 
* Lloyds Banking Group LLOY.L: BofA Global Research raises price objective to 130p from 117p 
* LVMH Moet Hennessy Louis Vuitton SA LVMH.PA: UBS raises target price to EUR 650 from EUR 640 
* Melexis NV MLXS.BR: Jefferies raises target price to EUR 94 from EUR 82 
* Meridian Mining Plc MNO.L: Peel Hunt initiates coverage with buy rating
* Meridian Mining Plc MNO.L: Peel Hunt initiates coverage with target price 206p 
* Moncler SpA MONC.MI: UBS cuts target price to EUR 53.7 from EUR 58 
* Nestle SA NESN.S: Morgan Stanley raises target price to CHF 76 from CHF 74 
* Nexans NEXS.PA: Berenberg raises target price to EUR 184 from EUR 172 
* NKT A/S NKT.CO: JP Morgan raises target price to DKK 905 from DKK 850 
* Norsk Hydro NHY.OL: Deutsche Bank cuts target price to NOK 102 from NOK 110 
* Pandora A/S PNDORA.CO: UBS raises target price to DKK 757 from DKK 470 
* Pandora A/S PNDORA.CO: UBS raises to neutral from sell 
* Puma SE PUMG.DE: JP Morgan resumes coverage with neutral rating
* Puma SE PUMG.DE: JP Morgan resumes coverage with target price EUR 26 
* Puma SE PUMG.DE: UBS raises target price to EUR 25.5 from EUR 24.2 
* Rational RAAG.DE: Kepler Cheuvreux cuts target price to EUR 810 from EUR 830 
* Saint-Gobain SGOB.PA: Barclays raises target price to EUR 108 from EUR 105 
* Salvatore Ferragamo SpA SFER.MI: UBS raises target price to EUR 10.7 from EUR 7.5 
* Schindler Holding AG SCHP.S: Citigroup cuts target price to CHF 322 from CHF 325 
* Segro SGRO.L: Stifel raises target price to 875p from 740p 
* Siemens Healthineers AG SHLG.DE: BofA Global Research cuts PT to EUR 48 from EUR 60 
* Sika SIKA.S: Barclays raises target price to CHF 185 from CHF 150 
* Sika SIKA.S: Deutsche Bank raises target price to CHF 163 from CHF 154 
* STMicroelectronics NV STMPA.PA: Jefferies raises target price to EUR 82 from EUR 74 
* Swatch UHR.S: HSBC raises target price to CHF 190 from CHF 180 
* Swatch Group AG UHR.S: UBS cuts target price to CHF 92 from CHF 95 
* Symrise SY1G.DE: Deutsche Bank raises target price to EUR 100 from EUR 83 
* UBS Group AG UBSG.S: Morgan Stanley raises target price to CHF 39 from CHF 35 
* UCB SA UCB.BR: Berenberg raises target price to EUR 305 from EUR 290 
* Unicaja Banco SA UNI.MC: Morgan Stanley raises target price to EUR 2.5 from EUR 2.4 
* Unicredit CRDI.MI: JP Morgan raises target price to EUR 93 from EUR 89 
* Valiant Holding AG VATN.S: Jefferies raises target price to CHF 560 from CHF 465 
* Vestas VWS.CO: Morgan Stanley cuts target price to DKK 190 from DKK 196 
* Vicat VCTP.PA: Barclays cuts target price to EUR 92 from EUR 94 
* Watches of Switzerland Group WOSG.L: UBS raises target price to 850p from 600p 
* Watches of Switzerland Group WOSG.L: UBS raises to buy from neutral 



 (Compiled by Bengaluru Newsroom)
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