Europe Research Roundup: Adevinta ASA, Boliden AB, Travis Perkins

Base Resources

02/03/2023 07:11

March 2 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Adevinta ASA, Boliden AB and Travis Perkins, on Thursday.

    HIGHLIGHTS    
                 * Adevinta ASA  ADEA.OL : JP Morgan raises to overweight from neutral 
 
                 * Boliden AB  BOL.ST : Credit Suisse initiates coverage with underperform rating 
 
                 * Travis Perkins  TPK.L : Peel Hunt cuts to hold from add
 
 
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

                 * Acerinox SA  ACX.MC : JP Morgan raises target price to EUR 10.3 from EUR 10.1 
 
                 * Adevinta ASA  ADEA.OL : JP Morgan raises target price to NOK 105 from NOK 76 
 
                 * Adevinta ASA  ADEA.OL : JP Morgan raises to overweight from neutral 
 
                 * Admiral  ADML.L : Peel Hunt raises target price to 2,160p from 1,780p 
 
                 * Aena Sme SA  AENA.MC : HSBC raises target price to EUR 181 from EUR 175 
 
                 * Amplifon SpA  AMPF.MI : JP Morgan cuts target price to EUR 30.9 from EUR 33 
 
                 * Aviva  AV.L : HSBC raises target price to 495p from 445p 
 
                 * Bank of Ireland Group Plc  BIRG.I : Berenberg raises target price to EUR 13 from EUR 10 
 
                 * Base Resources Ltd  BSE.L : Peel Hunt cuts target price to 22p from 24p 
 
                 * Boliden AB  BOL.ST : Credit Suisse initiates coverage with underperform rating 
 
                 * Boliden AB  BOL.ST : Credit Suisse initiates coverage with target price SEK 385 
 
                 * Bunzl  BNZL.L : Jefferies raises target price to 2950p from 2900p 
 
                 * Drax Group Plc  DRX.L : Liberum cuts target price to 952p from 966.6p 
 
                 * Glanbia Plc  GL9.I : Credit Suisse raises target price to EUR 12.7 from EUR 11.8 
 
                 * Karnov Group AB (Publ)  KARNO.ST : Berenberg cuts target price to SEK 75 from SEK 85 
 
                 * Knorr Bremse AG  KBX.DE : JP Morgan raises target price to EUR 70 from EUR 69 
 
                 * Kuehne Und Nagel International AG  KNIN.S : JP Morgan raises PT to CHF 290 from CHF 280 
 
                 * Man Group Plc  EMG.L : Credit Suisse raises target price to 310p from 265p 
 
                 * Norsk Hydro ASA  NHY.OL : Credit Suisse initiates coverage with outperform rating 
 
                 * Norsk Hydro ASA  NHY.OL : Credit Suisse initiates coverage target price NOK 86 
 
                 * Phoenix  PHNX.L : HSBC cuts target price to 820p from 835p 
 
                 * Saipem SpA  SPMI.MI : JP Morgan raises target price to EUR 2.05 from EUR 1.95 
 
                 * Santander  SAN.MC : HSBC raises target price to EUR 4.8 from EUR 4.5 
 
                 * SIG Group AG  SIGNC.S : Credit Suisse raises target price to CHF 23.8 from CHF 22.5 
 
                 * Travis Perkins  TPK.L : Peel Hunt cuts to hold from add
 
                 * Travis Perkins  TPK.L : Peel Hunt raises target price to 1,070p from 1,030p 
 
                 * Weir Group  WEIR.L : JP Morgan raises target price to 2040p from 1850p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))