Europe Research Roundup: Azelis, Drax Group, Rentokil Initial

Azelis NV

08/04/2024 07:39

April 8 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Azelis, Drax Group and Rentokil Initial on Monday. 
    
    HIGHLIGHTS
    
                 * Azelis  AZE.BR : JP Morgan raises target price to EUR 27 from EUR 25.5
 
                 * Drax Group Plc  DRX.L : HSBC raises target price to 500p from 470p
 
                 * Rentokil Initial  RTO.L : HSBC cuts target price to 480p from 495p
 
 
    Following is a summary of research actions on European companies reported by Reuters on
Monday. Stock entries are in alphabetical order.
    
                 * Alstom  ALSO.PA : JP Morgan cuts target price to EUR 13.90 from EUR 14.40
 
                 * Azelis  AZE.BR : JP Morgan raises target price to EUR 27 from EUR 25.5
 
                 * Drax Group Plc  DRX.L : HSBC raises target price to 500p from 470p
 
                 * Nexans  NEXS.PA : HSBC raises target price to EUR 105 from EUR 97
 
                 * Rentokil Initial  RTO.L : HSBC cuts target price to 480p from 495p
 
                 * RS Group  RS1R.L : HSBC cuts target price to 935p from 1025p
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))