Europe Research Roundup: IAG, Intercontinental Hotels, Rheinmetall

AUTO1 SE

21/03/2024 07:23

March 21 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including IAG, Intercontinental Hotels and Rheinmetall, on Thursday.
    
    HIGHLIGHTS 
    
                 * IAG  ICAG.L : RBC raises to outperform from sector perform; raises PT to 220p
 from 200p 
 
                 * Intercontinental Hotels  IHG.L : HSBC raises target price to 8300p from 7400p 
 
                 * Partners Group Holding AG  PGHN.S : JP Morgan raises PT to CHF 1,252 from CHF
 1,097 
 
                 * Rheinmetall AG  RHMG.DE : JP Morgan raises target price to EUR 600 from EUR 455 
 
                 * Sap SE  SAPG.DE : Keybanc initiates coverage with overweight rating ; PT EUR 230 
 
      
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are
in alphabetical order.
        
                 * Accor  ACCP.PA : HSBC raises target price to EUR 49 from EUR 45 
 
                 * Auto1 Group SE  AG1G.DE : HSBC cuts target price to EUR 6 from EUR 7 
 
                 * Commerzbank  CBKG.DE : HSBC raises target price to EUR 17.6 from EUR 17 
 
                 * Daimler Truck Holding AG  DTGGe.DE : JP Morgan raises target price to EUR 56 from EUR 48 
 
                 * IAG  ICAG.L : RBC raises to outperform from sector perform; raises PT to 220p from 200p 
 
                 * Intercontinental Hotels  IHG.L : HSBC raises target price to 8300p from 7400p 
 
                 * Partners Group Holding AG  PGHN.S : JP Morgan raises PT to CHF 1,252 from CHF 1,097 
 
                 * Poste Italiane SpA  PST.MI : HSBC raises target price to EUR 12.4 from EUR 11 
 
                 * Rheinmetall AG  RHMG.DE : JP Morgan raises target price to EUR 600 from EUR 455 
 
                 * Sap SE  SAPG.DE : Keybanc initiates coverage with overweight rating; PT EUR 230 
 
                 * Stora Enso Oyj  STERV.HE : Jefferies raises target price to EUR 14.25 from EUR 14 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))