Europe Research Roundup: Genus, Nexans, Scor

Avanza Bank Holding AB

18/07/2024 07:52

July 18 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Genus, Nexans and Scor, on Thursday. 
    
    HIGHLIGHTS
                 * Genus  GNS.L : HSBC raises target price to 2600p from 2500p
 
                 * Munters Group AB  MTRS.ST : Jefferies raises target price to SEK 260 from SEK
 255
 
                 * Nexans  NEXS.PA : Berenberg raises target price to EUR 124 from EUR 112       
 
                 * Scor  SCOR.PA : Berenberg cuts to hold from buy; cuts target price to EUR 24
 from EUR 37
 
                 * Soitec SA  SOIT.PA : Susquehanna raises target price to EUR 140 from EUR 130  
 
 
                  
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
                 * Avanza Bank  AVANZ.ST : JP Morgan cuts target price to SEK 192 from SEK 194
 
                 * Babcock International  BAB.L : Berenberg cuts to hold from buy; raises PT to 565p from 510p
 
                 * Babcock International  BAB.L : Jefferies raises target price to 720p from 570p
 
                 * Genus  GNS.L : HSBC raises target price to 2600p from 2500p
 
                 * Handelsbanken  SHBa.ST : Jefferies raises target price to SEK 97 from SEK 91
 
                 * Hapag-Lloyd AG  HLAG.DE : HSBC cuts target price to EUR 115 from EUR 120
 
                 * Italy'S Prysmian  PRY.MI : Berenberg raises target price to EUR 75 from EUR 63
 
                 * Kemira Oyj  KEMIRA.HE : HSBC raises target price to EUR 22 from EUR 19
 
                 * Knaus Tabbert AG  KTAG.DE : Jefferies cuts target price to EUR 50 from EUR 63
 
                 * Merck KGaA  MRCG.DE : Jefferies cuts target price to EUR 180 from EUR 200
 
                 * Munters Group AB  MTRS.ST : Jefferies raises target price to SEK 260 from SEK 255
 
                 * Nexans  NEXS.PA : Berenberg raises target price to EUR 124 from EUR 112
 
                 * Petra Diamonds  PDL.L : Peel Hunt raises target price to 82p from 73p
 
                 * Scor  SCOR.PA : Berenberg cuts to hold from buy; cuts target price to EUR 24 from EUR 37
 
                 * Soitec SA  SOIT.PA : Susquehanna raises target price to EUR 140 from EUR 130
 
                 * Tele2 AB  TEL2b.ST : JP Morgan raises target price to SEK 104 from SEK 100
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))