Europe Research Roundup: AJ Bell, Epiroc, Treatt

Befesa SA

08/09/2022 08:14

Sept 8 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including AJ Bell, Epiroc and Treatt on Thursday.

    HIGHLIGHTS
     * AJ Bell  AJBA.L : Jefferies cuts to underperform from hold
     * Auto Trader  AUTOA.L : Peel Hunt cuts to hold from buy 
     * Epiroc  EPIRA.ST : HSBC raises to buy from hold 
     * Siegfried Holding AG  SFZN.S : RBC cuts to sector perform from outperform
     * Treatt Plc  TET.L : Berenberg initiates coverage with buy rating 
 
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     * ABB  ABBN.S : HSBC cuts target price to CHF 28 from CHF 31 
     * AJ Bell  AJBA.L : Jefferies cuts to underperform from hold
     * AJ Bell  AJBA.L : Jefferies cuts target price to 220p from 240p 
     * Ams  AMSU.L : HSBC cuts target price to 320p from 365p 
     * Ashtead Group Plc  AHT.L : RBC raises target price to 5,150p from 4,825p 
     * Auto Trader  AUTOA.L : Peel Hunt cuts to hold from buy 
     * Auto1 Group  AG1G.DE : HSBC cuts target price to EUR 14 from EUR 38 
     * Aveva Group Plc  AVV.L : HSBC cuts to hold from buy 
     * BBVA  BBVA.MC : Goldman Sachs cuts target price to EUR 6.3 from EUR 7.2 
     * Befesa SA  BFSA.DE : JP Morgan cuts target price to EUR 44 from EUR 47 
     * Commerzbank AG  CBKG.DE : Goldman Sachs cuts target price to EUR 9.5 from EUR 12.4 
     * Credit Agricole  CAGR.PA : Goldman Sachs cuts target price to EUR 12.7 from EUR 14.5 
     * Deutsche Bank AG  DBKGn.DE : Goldman Sachs cuts target price to EUR 17.3 from EUR 20.1 
     * Enquest Plc  ENQ.L : JP Morgan raises target price to 47p from 42p 
     * Epiroc  EPIRA.ST : HSBC raises target price to SEK 200 from SEK 195 
     * Epiroc  EPIRA.ST : HSBC raises to buy from hold 
     * Gamma Communications Plc  GAMA.L : Citigroup cuts price target to 1650p from 1800p 
     * Gsk  GSK.L : Jefferies cuts target price to 1475p from 2100p 
     * HSBC  HSBA.L : Credit Suisse raises target price to 595p from 575p 
     * Intesa Sanpaolo SpA  ISP.MI : Goldman Sachs cuts target price to EUR 2.65 from EUR 3.1 
     * Kone  KNEBV.HE : HSBC cuts target price to EUR 50 from EUR 65.55 
     * Legrand  LEGD.PA : HSBC cuts target price to EUR 80 from EUR 86 
     * Lloyds  LLOY.L : Credit Suisse raises target price to 73p from 72p 
     * Natwest Group Plc  NWG.L : Credit Suisse raises target price to 350p from 340p 
     * NN Group NV  NN.AS : Credit Suisse raises target price to EUR 59.8 from EUR 56.5 
     * Oxford Nanopore Technologies Plc  ONT.L : Citigroup cuts price target to 410p from 500p 
     * Sandvik  SAND.ST : HSBC cuts target price to SEK 250 from SEK 253.51 
     * Sanofi  SASY.PA : Jefferies cuts target price to EUR 110 from EUR 135 
     * Schneider Electric  SCHN.PA : HSBC raises target price to EUR 165 from EUR 160 
     * Siegfried Holding AG  SFZN.S : RBC cuts to sector perform from outperform
     * Siegfried Holding AG  SFZN.S : RBC raises target price to CHF 860 from CHF 840 
     * Siemens AG  SIEGN.DE : HSBC cuts target price to EUR 140 from EUR 165 
     * Siemens Energy AG  ENR1N.BE : HSBC cuts target price to EUR 15 from EUR 16 
     * Standard Chartered Plc  STAN.L : Credit Suisse raises target price to 510p from 500p 
     * Treatt Plc  TET.L : Berenberg initiates coverage with buy rating 
     * Treatt Plc  TET.L : Berenberg initiates coverage with target price 680p 
     * Unicredit  CRDI.MI : Goldman Sachs cuts target price to EUR 17 from EUR 19 
     * Wolters Kluwer NV  WLSNc.AS : Credit Suisse raises target price to EUR 115 from EUR 110 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))