Europe Research Roundup: Ferguson, Nexans, Repsol

Banqup SA

02/11/2020 07:31

Nov 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ferguson, Nexans and Repsol, on Monday. 
    
    HIGHLIGHTS  
     * Ferguson  FERG.L : Jefferies raises target price to 9642p from 9487p
     * Nexans  NEXS.PA : Credit Suisse raises to outperform from neutral
     * Repsol  REP.MC : Credit Suisse cuts target price to EUR 8.80 from EUR 9.60
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
     * Amplifon SpA  AMPF.MI : Jefferies raises target price to EUR 36 from EUR 34
     * B&M European value Retail SA  BMEB.L : RBC raises target price to 580p from 575p
     * BAE Systems  BAES.L : JP Morgan cuts target price to 615p from 750p
     * BBVA  BBVA.MC : Credit Suisse raises target price to EUR 2.4 from EUR 2.3
     * Caixabank  CABK.MC : Credit Suisse cuts target price to EUR 2.5 from EUR 2.7
     * Eiffage  FOUG.PA : JP Morgan Rolls Forward Dec-2021 PT of EUR 90 vs Dec-2020 PT of EUR 97
     * Equinor ASA  EQNR.OL : Credit Suisse cuts target price to NOK 205 from NOK 210
     * Ferguson  FERG.L : Jefferies raises target price to 9642p from 9487p
     * GSK  GSK.L : Liberum raises to buy from hold; cuts target price to 1730p from 1840p
     * Italy's Prysmian  PRY.MI : Credit Suisse raises target price to EUR 24 from EUR 17
     * LafargeHolcim Ltd  LHN.S : JP Morgan raises target price to CHF 51 from CHF 50
     * Leonardo SpA  LDOF.MI : JP Morgan cuts target price to EUR 4.7 from EUR 5.4
     * Natwest Group Plc  NWG.L : Credit Suisse raises target price to 145p from 130p
     * Nexans  NEXS.PA : Credit Suisse raises to outperform from neutral
     * Nexans  NEXS.PA : Credit Suisse raises target price to EUR 54 from EUR 39
     * NKT A/S  NKT.CO : Credit Suisse raises to outperform from neutral
     * NKT A/S  NKT.CO : Credit Suisse raises raises target price to DKK 220 from DKK 126
     * OMV AG  OMVV.VI : Credit Suisse cuts target price to EUR 33 from EUR 35
     * Orsted A/S  ORSTED.CO : Credit Suisse raises target price to DKK 545 from DKK 485
     * Qinetiq Group Plc  QQ.L : JP Morgan cuts target price to 285p from 305p
     * Repsol  REP.MC : Credit Suisse cuts target price to EUR 8.80 from EUR 9.60
     * RWE AG  RWEG.DE : Credit Suisse raises target price to EUR 36.5 from EUR 35
     * Safran  SAF.PA : JP Morgan raises price target to EUR 71 from EUR 68
     * Smith+Nephew Plc  SN.L : Credit Suisse cuts target price to 1575p from 1675p
     * Symrise AG  SY1G.DE : JP Morgan raises target price to EUR 102 from EUR 93
     * Thales  TCFP.PA : JP Morgan cuts target price to EUR 87 from EUR 88
     * Ultra Electronics Holdings Plc  ULE.L : JP Morgan cuts target price to 2325p from 2620p
     * Unifiedpost Group SA  UPG.BR : Berenberg initiates with buy rating and price target EUR 28
     * Vinci  SGEF.PA : JP Morgan Rolls Forward Dec-2021 PT of EUR 91 vs Dec-2020 PT of EUR 92
     * Wolters Kluwer NV  WLSNc.AS : Credit Suisse raises target price to EUR 80 from EUR 78
   

 (Compiled by Bengaluru Newsroom)
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