Europe Research Roundup: Axel Springer SE, Gazprom, Vodafone Group

Attendo AB (publ)

15/05/2019 08:59

May 15 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Axel Springer SE, Gazprom and Vodafone Group, on Wednesday. 
    
  HIGHLIGHTS  
     * Axel Springer SE  SPRGn.DE : JP Morgan raises to overweight from neutral
     * Gazprom  GAZPq.L : JP Morgan raises to overweight from neutral
     * Vodafone Group Plc  VOD.L : Credit Suisse cuts target price to 190p from 210p
 Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.    

     * Allianz SE  ALVG.DE : RBC initiates with underperform rating and EUR 200 price target
     * Amg Advanced Metallurgical Group NV  AMG.AS : Berenberg initiates coverage with buy rating 
     * Amg Advanced Metallurgical Group NV AMG.AS :Berenberg initiates coverage with PT of EUR 35
     * Applus  APPS.MC : Credit Suisse raises target price to EUR 14.5 from EUR 14.2
     * Attendo AB (Publ)  ATTE.ST : Credit Suisse raises target price to SEK 70 from SEK 60
     * AXA  AXAF.PA : RBC initiates with outperform rating and EUR 29.50 price target
     * Axel Springer SE  SPRGn.DE : JP Morgan raises price target to EUR 60 from EUR 54
     * Axel Springer SE  SPRGn.DE : JP Morgan raises to overweight from neutral
     * Engie SA  ENGIE.PA : Morgan Stanley raises target price to EUR 14.50 from EUR 14
     * FMC AG  FMEG.DE : Morgan Stanley raises target price to EUR 70 from EUR 68
     * Gazprom  GAZPq.L : JP Morgan raises price target to $7.30 from $5.60
     * Gazprom  GAZPq.L : JP Morgan raises to overweight from neutral
     * Kingspan Group Plc  KSP.I : Berenberg raises price target to EUR 50 from EUR 46
     * Medacta Group  MOVE.S : JP Morgan initiates with neutral rating and target of SFR 92.20
     * Medacta Group SA  MOVE.S : Credit Suisse initiates with neutral rating and SFR 96 TP
     * Medacta Group SA  MOVE.S :Morgan Stanley initiates with overweight rating and SFR 111 PT
     * Nnit A/S  NNIT.CO : Morgan Stanley cuts target price to DKK 158 from DKK 175
     * Ontex Group NV  ONTEX.BR : Liberum cuts target price to EUR 18.85 from EUR 25
     * Recordati  RECI.MI : Jefferies raises target price to EUR 38 from EUR 33.80
     * Salvatore Ferragamo SpA  SFER.MI : Morgan Stanley raises target to EUR 20 from EUR 18.50
     * Severn Trent Plc  SVT.L : Credit Suisse raises target price to 2100p from 2000p
     * Standard Chartered Plc  STAN.L : Morgan Stanley raises target price to 610p from 570p
     * Tod's SpA  TOD.MI : Jefferies cuts target price to EUR 32 from EUR 34
     * Umicore SA  UMI.BR : Credit Suisse cuts target price to EUR 27 from EUR 28
     * Victrex Plc  VCTX.L : Morgan Stanley cuts target price to 1,850p from 2,150p
     * Vodafone Group Plc  VOD.L : Credit Suisse cuts target price to 190p from 210p
     * Zurich Insurance Group AG  ZURN.S : RBC initiates with outperform rating and SFR 370 PT
 

 (Compiled by Bengaluru Newsroom)
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