Europe Research Roundup: AB Foods, Lindt & Spruengli, Safran

Avanza Bank Holding AB

16/01/2025 07:02

Jan 16 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including AB Foods, Lindt & Spruengli and Safran on Thursday.
    
    HIGHLIGHTS  
    
                 * AB Foods  ABF.L : Citigroup cuts to sell from neutral
 
                 * Lindt & Spruengli  LISN.S : Stifel raises target price to CHF 11,400 from CHF 11,200
 
     * Safran  SAF.PA : Morgan Stanley cuts to equal weight from overweight
      
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.
    
                 * AB Foods  ABF.L : Citigroup cuts target price to 1770p from 2400p
 
                 * AB Foods  ABF.L : Citigroup cuts to sell from neutral
 
                 * Airbus SE  AIR.PA : Morgan Stanley raises target price to EUR 200 from EUR 160
 
                 * Arkema SA  AKE.PA : Jefferies cuts target price to EUR 103 from EUR 114
 
                 * Ashmore  ASHM.L : JP Morgan cuts target price to 150p from 152p
 
                 * Auto1 Group SE  AG1G.DE : JP Morgan raises target price to EUR 22 from EUR 18.80
 
                 * Bankinter  BKT.MC : RBC initiates coverage with outperform rating; PT EUR 9.75
 
                 * Bytes Technology Group Plc  BYIT.L : HSBC cuts target price to 595p from 675p
 
                 * Caixabank  CABK.MC : RBC initiates coverage with sector perform rating; target price
 EUR 5.65
 
                 * Carl Zeiss Meditec AG  AFXG.DE : Berenberg cuts target price to EUR 50 from EUR 66
 
                 * Cellnex  CLNX.MC : Jefferies raises target price to EUR 46.3 from EUR 45
 
                 * Edenred  EDEN.PA : Stifel cuts target price to EUR 43 from EUR 68
 
                 * Hannover Rueck SE  HNRGn.DE : Jefferies raises target price to EUR 320 from EUR 290
 
                 * Kinepolis Group NV  KIPO.BR : Berenberg cuts target price to EUR 51 from EUR 60
 
                 * Lindt & Spruengli  LISN.S : Stifel raises target price to CHF 11,400 from CHF 11,200
 
                 * Pluxee NV  PLX.PA : Stifel initiates coverage with hold rating; price target EUR 25
 
                 * Safran  SAF.PA : Morgan Stanley cuts to equal weight from overweight
 
                 * Valeo  VLOF.PA : Citigroup raises target price to EUR 10.80 from EUR 9.30
 
                 * Valeo  VLOF.PA : HSBC raises target price to EUR 10.5 from EUR 9
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))