Europe Research Roundup: Unicredit, Inchcape, Pearson

Avantium NV

27/09/2022 08:21

Sept 27 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Unicredit, Inchcape and Pearson on Tuesday. 
    HIGHLIGHTS
                 * Unicredit  CRDI.MI : JP Morgan raises to overweight from neutral
 
                 * Inchcape Plc  INCH.L : Berenberg initiates coverage with buy rating and 1035p
 price target
 
                 * Pearson  PSON.L : JP Morgan raises target price to 1080p from 1010p
 
 Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
                 * 888 Holdings Plc  888.L : Jefferies cuts target price to 280p from 370p
 
                 * Adidas AG  ADSGn.DE : RBC cuts target price to EUR 160 from EUR 190
 
                 * Ageas SA  AGES.BR : HSBC raises target price to EUR 50.5 from EUR 50
 
                 * Avantium NV  AVTX.AS : Berenberg cuts target price to EUR 4.4 from EUR 6.6
 
                 * Barratt Developments  BDEV.L : HSBC cuts target price to 390p from 430p
 
                 * Bellway  BWY.L : HSBC cuts target price to 2030p from 2370p
 
                 * Berkeley Group  BKGH.L : HSBC cuts target price to 3000p from 3220p
 
                 * Byggfakta Group Nordic Holdco AB  BGNH.ST : Jefferies cuts PT to SEK 45 from SEK
 50
 
                 * Crest Nicholson Holdings Plc  CRST.L : HSBC cuts target price to 220p from 260p
 
                 * E ON SE  EONGn.DE : Credit Suisse cuts target price to EUR 11.5 from EUR 12.5
 
                 * Forterra Plc  FORT.L : Jefferies raises target price to 261p from 256p
 
                 * Huhtamaki Oyj  HUH1V.HE : Jefferies cuts target price to EUR 40 from EUR 45
 
                 * Ibstock  IBST.L : Jefferies raises target price to 187p from 182p
 
                 * Inchcape Plc  INCH.L : Berenberg initiates coverage with buy rating and 1035p
 price target
 
                 * Informa  INF.L : JP Morgan raises target price to 640p from 620p
 
                 * Lava Therapeutics NV  LVTX.O : SVB Securities raises target price to $28 from
 $25
 
                 * Pearson  PSON.L : JP Morgan raises target price to 1080p from 1010p
 
                 * Persimmon  PSN.L : HSBC cuts target price to 1410p from 1530p
 
                 * Publicis  PUBP.PA : JP Morgan raises target price to EUR 71 from EUR 70
 
                 * Qinetiq Group Plc  QQ.L : Jefferies cuts target price to 400p from 411p
 
                 * Redrow  RDW.L : HSBC cuts target price to 500p from 600p
 
                 * Relx  REL.L : JP Morgan raises target price to 2840p from 2800p
 
                 * Rockwool  ROCKB.CO : HSBC cuts target price to DKK 1800 from DKK 2300
 
                 * SGS SA  SGSN.S : RBC cuts to sector perform from outperform
 
                 * SGS SA  SGSN.S : RBC cuts target price to CHF 2350 from CHF 2700
 
                 * SKF  SKFb.ST : Jefferies cuts target price to SEK 123 from SEK 165
 
                 * SKF  SKFb.ST : Jefferies cuts to underperform from hold
 
                 * Taylor Wimpey  TW.L : HSBC cuts target price to 105p from 120p
 
                 * Ubisoft  UBIP.PA : JP Morgan raises target price to EUR 54 from EUR 53
 
                 * Unicredit  CRDI.MI : Credit Suisse cuts target price to EUR 14.4 from EUR 14.8
 
                 * Unicredit  CRDI.MI : JP Morgan raises to overweight from neutral
 
                 * Unicredit  CRDI.MI : JP Morgan raises target price to EUR 15 from EUR 13.5
 
                 * Vivendi  VIV.PA : JP Morgan cuts target price to EUR 13.5 from EUR 14
 
                 * Withsecure Oyj  WITH.HE : Berenberg initiates coverage with buy rating and EUR
 2.6 PT
 
                 * WPP  WPP.L : JP Morgan raises target price to 1290p from 1250p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))