Europe Research Roundup: Basler, Credit Agricole, Kingspan Group Plc
19/01/2024 07:05
Jan 19 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Basler, Credit Agricole and Kingspan Group Plc, on Friday.
HIGHLIGHTS
* Basler AG BSLG.DE : Berenberg raises to buy from hold
* Credit Agricole CAGR.PA : Morgan Stanley raises to equal-weight from underweight
* Fortum Oyj FORTUM.HE : Citigroup cuts to neutral from buy
* Kingspan Group Plc KSP.I : Jefferies raises to hold from underperform
* Persimmon PSN.L : Morgan Stanley raises to overweight from underweight
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* ABN Amro Bank NV ABNd.AS : Morgan Stanley cuts target price to EUR 15.5 from EUR 17
* Anglo American AAL.L : JP Morgan cuts target price to 2450p from 2500p
* Antofagasta ANTO.L : JP Morgan raises target price to 1380p from 1350p
* ASML Holding NV ASML.AS : Morgan Stanley raises target price to EUR 750 from
EUR 725
* Aviva AV.L : JP Morgan raises target price to 575p from 545p
* Barclays BARC.L : Jefferies cuts target price to 220p from 230p
* Barratt BDEV.L : Morgan Stanley raises target price to 576p from 483p
* Basler AG BSLG.DE : Berenberg raises target price to EUR 14 from EUR 11
* Basler AG BSLG.DE : Berenberg raises to buy from hold
* Berkeley Group BKGH.L : Morgan Stanley raises target price to 4,516p from
3,920p
* Boliden AB BOL.ST : JP Morgan cuts target price to SEK 260 from SEK 265
* Centamin Plc CEY.L : Liberum raises target price to 99p from 98p
* Ceres Power Holdings Plc CWR.L : RBC raises target price to 160p from 150p
* Commerzbank AG CBKG.DE : Citigroup cuts target price to EUR 13.5 from EUR
13.8
* Credit Agricole CAGR.PA : Morgan Stanley raises to equal-weight from
underweight
* Credit Agricole CAGR.PA : Morgan Stanley raises target price to EUR 15.5
from EUR 13.5
* Deutsche Boerse AG DB1Gn.DE : JP Morgan cuts target price to EUR 198 from
EUR 205
* Euronext NV ENX.PA : JP Morgan cuts target price to EUR 93 from EUR 94
* Fortum Oyj FORTUM.HE : Citigroup cuts to neutral from buy
* Fortum Oyj FORTUM.HE : Citigroup cuts target price to EUR 13.1 from EUR 13.6
* Hays HAYS.L : RBC cuts target price to 155p from 165p
* Hochschild HOCM.L : JP Morgan cuts target price to 190p from 200p
* Hydro NHY.OL : JP Morgan raises target price to NOK 78 from NOK 77
* Jupiter Fund Management JUP.L : Peel Hunt cuts target price to 85p from 110p
* Just Group JUSTJ.L : JP Morgan raises target price to 135p from 125p
* KBC Groep NV KBC.BR : Morgan Stanley raises to overweight from equal-weight
* KBC Groep NV KBC.BR : Morgan Stanley raises target price to EUR 74 from EUR
69
* Kingspan Group Plc KSP.I : Jefferies raises to hold from underperform
* Kingspan Group Plc KSP.I : Jefferies raises target price to EUR 72.50 from
EUR 54.50
* Legal & General Group Plc LGEN.L : JP Morgan raises target price to 305p
from 295p
* M&G MNG.L : JP Morgan raises target price to 235p from 220p
* New Work SE NWOn.DE : Berenberg cuts target price to EUR 64 from EUR 95
* Oersted A/S ORSTED.CO : Citigroup raises target price to DKK 370 from DKK
303
* Persimmon PSN.L : Morgan Stanley raises target price to 1,685p from 1,131p
* Persimmon PSN.L : Morgan Stanley raises to overweight from underweight
* Phoenix PHNX.L : JP Morgan raises target price to 435p from 415p
* RWE AG RWEG.DE : Berenberg raises target price to EUR 59 from EUR 58.5
* Savills Plc SVS.L : HSBC cuts target price to 825p from 885p
* Taylor Wimpey TW.L : Morgan Stanley raises target price to 145p from 115p
* Travis Perkins TPK.L : JP Morgan cuts target price to 640p from 650p
* UCB SA UCB.BR : HSBC cuts target price to EUR 97 from EUR 100
* Watches of Switzerland WOSG.L : HSBC cuts target price to 525p from 759p
* Wizz Air WIZZ.L : JP Morgan cuts target price to 2150p from 2200p
* Worldline SA WLN.PA : Jefferies cuts target price to EUR 11.60 from EUR
12.30
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))