Europe Research Roundup: Banca Generali, Finecobank, Swedbank

BACHEM HOLDING AG

15/06/2023 07:51

June 15 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Banca Generali, Finecobank and Swedbank, on Thursday. 

    HIGHLIGHTS
                 * Banca Generali  BGN.MI : Jefferies cuts to hold from buy 
 
                 * Finecobank  FBK.MI : Jefferies raises to hold from underperform 
 
                 * Swedbank  SWEDa.ST : Berenberg 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. 

                 * Adriatic Metals Plc  ADT1.L : Berenberg initiates coverage with buy rating
 
                 * Adriatic Metals Plc  ADT1.L : Berenberg initiates coverage with target price 280p 
 
                 * Bachem Holding AG  BANB.S : Baader Helvea cuts target price to CHF 86 from CHF 89 
 
                 * Banca Generali  BGN.MI : Jefferies cuts target price to EUR 33.8 from EUR 41.4 
 
                 * Banca Generali  BGN.MI : Jefferies cuts to hold from buy 
 
                 * Banca Mediolanum  BMED.MI : Jefferies cuts target price to EUR 10.8 from EUR 11.7 
 
                 * Croda  CRDA.L : Berenberg cuts target price to 6600p from 8000p 
 
                 * Diageo  DGE.L : Goldman Sachs cuts to neutral; cuts target price to 3700p from 4500p 
 
                 * Finecobank  FBK.MI : Jefferies cuts target price to EUR 13 from EUR 14.9 
 
                 * Finecobank  FBK.MI : Jefferies raises to hold from underperform 
 
                 * Sirius Real Estate Ltd  SRET.L : HSBC cuts target price to 117p from 124p 
 
                 * SSP Group Plc  SSPG.L : Berenberg raises target price to 320p from 300p 
 
                 * Swedbank  SWEDa.ST : Berenberg raises target price to SEK 240 from SEK 180 
 
                 * Swedbank  SWEDa.ST : Berenberg raises to buy from hold 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))