Europe Research Roundup: Ascential, Cellnex, Wise

Avanza Bank Holding AB

21/05/2024 07:50

May 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies including Ascential, Cellnex and Wise, on Tuesday. 
    
    HIGHLIGHTS  
        
  
                 * Ascential  ASCL.L : Berenberg re-initiates coverage with buy rating; target
 price 395p
 
                 * Burberry  BRBY.L : Barclays cuts target price to 1090p from 1340p
 
                 * Cellnex  CLNX.MC : Berenberg raises to buy from hold
 
                 * Trainline  TRNT.L : Deutsche Bank initiates coverage with buy rating and PT
 470p
 
                 * Wise  WISEA.L : Barclays raises to overweight from equal-weight
 
                
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
                 * 3I  III.L : Morgan Stanley raises target price to 3246p from 3148p
 
                 * Adriatic Metals Plc  ADT1.L : Berenberg raises target price to 260p from 250p
 
                 * Ascential Plc  ASCL.L : Berenberg re-initiates coverage with buy rating; target
 price 395p
 
                 * Ascential Plc  ASCL.L : HSBC raises target price to 370p from 327p
 
                 * Avanza Bank  AVANZ.ST : Citigroup raises to buy from neutral
 
                 * Avanza Bank  AVANZ.ST : Citigroup raises PT to SEK 320 from SEK 250
 
                 * Baltic Classifieds Group  BCG.L : Deutsche Bank initiates coverage with buy rating
 
                 * Baltic Classifieds Group  BCG.L : Deutsche Bank initiates target price 294p
 
                 * Barclays  BARC.L : Jefferies raises target price to 335p from 330p
 
                 * Beiersdorf AG  BEIG.DE : Bernstein raises target price to EUR 135 from EUR 130
 
                 * Big Yellow Group Plc  BYG.L : Berenberg raises target price to 1285p from 1186p
 
                 * Big Yellow Group Plc  BYG.L : Jefferies raises target price to 1,359p from 1,249p
 
                 * Burberry  BRBY.L : Barclays cuts target price to 1090p from 1340p
 
                 * Buzzi SpA  BZU.MI : Morgan Stanley raises target price to EUR 37.2 from EUR 34.7
 
                 * Carmila SA  CARM.PA : Citigroup raises to buy from sell
 
                 * Carmila SA  CARM.PA : Citigroup raises target price to EUR 19 from EUR 11
 
                 * Cellnex  CLNX.MC : Berenberg raises target price to EUR 42 from EUR 36
 
                 * Cellnex  CLNX.MC : Berenberg raises to buy from hold
 
                 * Centamin Plc  CEY.L : Berenberg raises target price to 160p from 150p
 
                 * Commerzbank  CBKG.DE : Barclays raises target price to EUR 12 from EUR 10.7
 
                 * Commerzbank  CBKG.DE : Morgan Stanley raises target price to EUR 20 from EUR 17
 
                 * Compagnie Financiere Richemont SA  CFR.S : TD Cowen raises PT to CHF 155 from CHF
 123
 
                 * Danieli & C Officine Meccaniche  DANI.MI : Berenberg initiates coverage with Buy
 rating 
 
                 * Danieli & C Officine Meccaniche  DANI.MI : Berenberg initiates coverage with PT
 EUR 43
 
                 * Demant A/S  DEMANT.CO : Jefferies cuts target price to DKK 275 from DKK 305
 
                 * EDPR  EDPR.LS : HSBC raises target price to EUR 18.2 from EUR 16.7
 
                 * El En SpA  ELEN.MI : Berenberg cuts target price to EUR 12.8 from EUR 13.1
 
                 * Endeavour Mining Plc  EDV.L : Berenberg raises target price to 2400p from 2200p
 
                 * Experian Plc  EXPN.L : Morgan Stanley raises target price to 4100p from 3500p
 
                 * FD Technologies Plc  FDPF.L : JP Morgan cuts target price to 2000p from 2500p
 
                 * Ferrovial SE  FER.MC : Citigroup raises target price to EUR 44 from EUR 40
 
                 * Gamma Communications Plc  GAMA.L : Peel Hunt raises target price to 1750p from
 1650p
 
                 * Hapag-Lloyd AG  HLAG.DE : Berenberg raises target price to EUR 170 from EUR 124
 
                 * Heidelberg Materials  HEIG.DE : Morgan Stanley raises PT to EUR 101 from EUR 100
 
                 * Helios Towers  HTWS.L : Barclays raises target price to 110p from 100p
 
                 * Hochschild  HOCM.L : Berenberg raises target price to 200p from 170p
 
                 * Holcim AG  HOLN.S : Morgan Stanley raises target price to CHF 86 from CHF 85
 
                 * Imperial Brands Plc  IMB.L : Morgan Stanley raises target price to 2000p from
 1925p
 
                 * Infrastrutture Wireless Italiane  INWT.MI : Berenberg raises PT to EUR 13.5 from
 EUR 12.5
 
                 * Kainos  KNOS.L : Berenberg raises target price to 1,415p from 1,260p
 
                 * Lanxess AG  LXSG.DE : Berenberg cuts target price to EUR 33 from EUR 34
 
                 * Neste Oyj  NESTE.HE : RBC cuts target price to EUR 38 from EUR 40
 
                 * Pan African Resources Plc  PAFR.L : Berenberg raises target price to 32p from 28p
 
                 * Pirelli & C SpA  PIRC.MI : Morgan Stanley raises target price to EUR 6.6 from EUR
 6.1
 
                 * Ryanair  RYA.I : Barclays cuts target price to EUR 25 from EUR 26
 
                 * Ryanair  RYA.I : JP Morgan cuts target price to EUR 25.50 from EUR 28.50
 
                 * Ryanair Holdings Plc  RYA.I : Morgan Stanley cuts target price to EUR 24.8 from
 EUR 26
 
                 * Salzgitter AG  SZGG.DE : Jefferies cuts target price to EUR 26 from EUR 27
 
                 * Sdiptech AB (Publ)  SDIPb.ST : Berenberg raises target price to SEK 375 from SEK
 355
 
                 * SEB AB  SEBa.ST : Morgan Stanley initiates coverage with equal weight rating; PT
 SEK 165
 
                 * SIG Group AG  SIGNC.S : Berenberg cuts target price to CHF 22 from CHF 24
 
                 * Sinch AB  SINCH.ST : Morgan Stanley cuts target price to SEK 23.5 from SEK 26
 
                 * Solaria  SLRS.MC : RBC cuts target price to EUR 15.5 from EUR 17.5
 
                 * Sonova Holding AG  SOON.S : Jefferies cuts to hold from buy
 
                 * Sonova Holding AG  SOON.S : Jefferies raises target price to CHF 300 from CHF 290
 
                 * Spectris Plc  SXS.L : Peel Hunt cuts target price to 3,800p from 3,850p
 
                 * Standard Chartered  STAN.L : Deutsche Bank raises target price to 900p from 860p
 
                 * Stellantis NV  STLAM.MI : Jefferies cuts target price to EUR 25 from EUR 26
 
                 * Trainline  TRNT.L : Deutsche Bank initiates coverage with buy rating and PT 470p
 
                 * Umicore SA  UMI.BR : Citigroup cuts to neutral from buy; cuts PT to EUR 22 from
 EUR 40
 
                 * Virgin Money UK Plc  VMUK.L : Barclays raises target price to 220p from 195p
 
                 * Wise  WISEa.L : Barclays raises target price to 1000p from 800p
 
                 * Wise  WISEA.L : Barclays raises to overweight from equal-weight
 
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))