Europe Research Roundup: Azerion Group NV, Edenred, Nexi SpA

Azerion NV

30/06/2022 08:33

June 30 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Azerion Group NV, Edenred and Nexi SpA, on Thursday. 

    HIGHLIGHTS  
     * Azerion Group NV  AZRN.AS : Credit Suisse initiates with neutral rating 
     * Barry Callebaut AG  BARN.S : Berenberg starts with buy rating 
     * Edenred  EDEN.PA : Credit Suisse starts with outperform rating
     * Nexi SpA  NEXII.MI : Credit Suisse starts with outperform rating 
     * Orsted A/S  ORSTED.CO : HSBC raises to buy from hold 
 
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     * Adyen NV  ADYEN.AS : Credit Suisse cuts target price to EUR 1750 from EUR 2700 
     * Azerion Group NV  AZRN.AS : Credit Suisse initiates with neutral rating 
     * Azerion Group NV  AZRN.AS : Credit Suisse initiates with EUR 8.7 target price 
     * Barry Callebaut AG  BARN.S : Berenberg starts with buy rating 
     * Barry Callebaut AG  BARN.S : Berenberg starts with CHF 2,600 price target 
     * BASF SE  BASFn.DE : Jefferies cuts target price to EUR 60 from EUR 64 
     * Britvic Plc  BVIC.L : Peel Hunt cuts target price to 950p from 1050p 
     * Bureau Veritas  BVI.PA : JP Morgan cuts target price to EUR 24 from EUR 25 
     * DCC Plc  DCC.L : HSBC raises target price to 7900p from 7800p 
     * Deutsche Boerse AG  DB1Gn.DE : Credit Suisse raises target price to EUR 164 from EUR 160 
     * Edenred  EDEN.PA : Credit Suisse starts with outperform rating
     * Edenred  EDEN.PA : Credit Suisse starts with EUR 56 target price 
     * Givaudan SA  GIVN.S : Citigroup cuts price target to CHF 3560 from CHF 4350 
     * Intertek  ITRK.L : JP Morgan cuts target price to 5300p from 6000p 
     * Just Eat Takeaway.Com  JETJ.L : Credit Suisse cuts target price to 3900p from 5000p 
     * Kion Group AG  KGX.DE : JP Morgan cuts target price to EUR 67 from EUR 71 
     * National Grid Plc  NG.L : Jefferies cuts to hold from buy 
     * National Grid Plc  NG.L : Jefferies raises target price to 1070p from 1060p 
     * Nexi SpA  NEXII.MI : Credit Suisse starts with outperform rating 
     * Nexi SpA  NEXII.MI : Credit Suisse starts with EUR 10.5 target price 
     * Orsted A/S  ORSTED.CO : HSBC raises to buy from hold 
     * Orsted A/S  ORSTED.CO : HSBC raises target price to DKK 930 from DKK 910 
     * Rexel  RXL.PA : JP Morgan cuts target price to EUR 25 from EUR 28 
     * SGS SA  SGSN.S : JP Morgan cuts target price to CHF 2350 from CHF 3000 
     * Worldline SA  WLN.PA : Credit Suisse starts with EUR 36.5 target price 
     * Worldline SA  WLN.PA : Credit Suisse starts with underperform rating 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))