Europe Research Roundup: Aker BP ASA, Eurofins Scientific SE, Vantage Towers AG
23/06/2022 08:24
June 23 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aker BP ASA, Eurofins Scientific SE and Vantage Towers AG, on
Thursday.
HIGHLIGHTS
* Aker BP ASA AKRBP.OL : Goldman Sachs initiates coverage with neutral rating
* Cosmo Pharmaceuticals NV COPN.S : Credit Suisse reinstates with outperform rating
* Eurofins Scientific SE EUFI.PA : Deutsche Bank raises to hold from sell
* Salzgitter AG SZGG.DE : Morgan Stanley raises to equal-weight from underweight
* Vantage Towers AG VTWRn.DE : Morgan Stanley cuts to equal-weight from overweight
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Aker BP ASA AKRBP.OL : Goldman Sachs initiates coverage with neutral rating
* Alpha Financial Markets Consulting AFM.L : Berenberg raises PT to 480p from 470p
* Anglo American AAL.L : Morgan Stanley cuts target price to 3400p from 3520p
* ArcelorMittal SA MT.AS : Morgan Stanley raises target price to EUR 46.1 from EUR 46
* Aroundtown SA AT1.DE : JP Morgan cuts to underweight from neutral
* Aroundtown SA AT1.DE : JP Morgan cuts target price to EUR 3.6 from EUR 6
* Aurubis AG NAFG.DE : Morgan Stanley cuts target price to EUR 81 from EUR 87
* Auto Trader AUTOA.L : Morgan Stanley cuts target price to 730p from 800p
* Befesa SA BFSA.DE : Morgan Stanley cuts target price to EUR 74 from EUR 75
* Berkeley Group BKGH.L : Citigroup cuts target price to 4665p from 4765p
* Berkeley Group BKGH.L : Jefferies cuts target price to 5435p from 5587p
* Boliden AB BOL.ST : Morgan Stanley raises target price to SEK 390 from SEK 385
* Bureau Veritas BVI.PA : Deutsche Bank cuts target price to EUR 26 from EUR 29
* Capricorn Energy Plc CNE.L : Stifel raises to buy from hold; raises PT to 271p from 211p
* Cd Projekt SA CDR.WA : Deutsche Bank initiates coverage with hold rating; PT PLN 90
* Chemring Group Plc CHG.L : Jefferies cuts target price to 330p from 350p
* Cineworld Group CINE.L : HSBC cuts target price to 24p from 40p
* Cosmo Pharmaceuticals NV COPN.S : Credit Suisse reinstates with outperform rating
* Cosmo Pharmaceuticals NV COPN.S : Credit Suisse reinstates with target price CHF 64
* Credit Agricole CAGR.PA : JP Morgan cuts target price to EUR 10.5 from EUR 11
* Crest Nicholson Holdings Plc CRST.L : JP Morgan cuts target price to 290p from 310p
* Currys Plc CURY.L : Morgan Stanley initiates with equal weight rating; target price 96p
* Dalata Hotel Group Plc DALD.L : Berenberg raises target price to 470p from 450p
* DSM DSMN.AS : Jefferies cuts target price to EUR 152 from EUR 161
* Essity AB (Publ) ESSITYb.ST : Barclays cuts target price to SEK 236 from SEK 268
* Essity AB (Publ) ESSITYb.ST : JP Morgan cuts target price to SEK 255 from SEK 260
* Eurofins Scientific SE EUFI.PA : Deutsche Bank raises to hold from sell
* Faurecia EPED.PA : Citigroup cuts price target to EUR 29 from EUR 31.72
* Firstgroup FGP.L : HSBC raises target price to 150p from 120p
* Freenet FNTGN.DE : HSBC raises target price to EUR 29 from EUR 24
* Glencore GLEN.L : Morgan Stanley raises target price to 740p from 620p
* Go-Ahead Group GOG.L : HSBC raises target price to 1504p from 970p
* Halma HLMA.L : Barclays cuts target price to 2100p from 2750p
* Heineken NV HEIN.AS : Barclays raises target price to EUR 93 from EUR 92
* Heineken NV HEIN.AS : Jefferies raises target price to EUR 120 from EUR 115
* Hella HLE.DE : Citigroup raises price target to EUR 70 from EUR 60
* Intertek ITRK.L : Deutsche Bank cuts target price to 3600p from 5640p
* Intertek ITRK.L : Deutsche Bank cuts to sell from hold
* Italgas IG.MI : Barclays cuts target price to EUR 5.4 from EUR 5.9
* JD Sports JD.L : JP Morgan cuts target price to 210p from 255p
* Kerry Group Plc KYGa.I : Citigroup cuts price target to EUR 121 from EUR 128
* Liontrust Asset Management Plc LIO.L : Berenberg cuts target price to 1100p from 1850p
* Lundin Mining Corp LUMIN.ST : Morgan Stanley cuts target price to SEK 88 from SEK 94
* LVMH LVMH.PA : JP Morgan cuts target price to EUR 750 from EUR 780
* Newriver REIT Plc NRRT.L : Barclays raises target price to 85p from 80p
* Norsk Hydro ASA NHY.OL : Morgan Stanley cuts target price to NOK 86 from NOK 94
* Outokumpu Oyj OUT1V.HE : Morgan Stanley cuts target price to EUR 6.3 from EUR 6.6
* Raute Oyj RAUTE.HE : Inderes cuts target price to EUR 13.00 from EUR 14.00; reduce
* Reabold Resources Plc RBDR.L : Panmure Gordon raises target price to 1.4p from 1.2p
* Rentokil RTO.L : Deutsche Bank raises to buy from hold
* Rheinmetall RHMG.DE : HSBC raises target price to EUR 240 from EUR 220
* Rio Tinto RIO.L : Morgan Stanley cuts target price to 6230p from 6410p
* Rio Tinto RIO.L : Morgan Stanley cuts to equal-weight from overweight
* Rolls Royce RR.L : Citigroup cuts target price to 147p from 177p
* Salzgitter AG SZGG.DE : Morgan Stanley cuts target price to EUR 40.8 from EUR 46
* Salzgitter AG SZGG.DE : Morgan Stanley raises to equal-weight from underweight
* SGS SA SGSN.S : Deutsche Bank cuts target price to CHF 2290 from CHF 2640
* Sirius Real Estate Ltd SRET.L : HSBC cuts target price to 138p from 150p
* SSAB AB SSABa.ST : Morgan Stanley raises target price to SEK 92 from SEK 90
* Subsea 7 SA SUBC.OL : Citigroup raises price target to NOK 105 from NOK 90
* Telia TELIA.ST : Barclays raises target price to SEK 50 from SEK 45
* Terna TRN.MI : Barclays cuts target price to EUR 6.6 from EUR 7
* Thg Plc THG.L : Citigroup resumes coverage with buy rating; target price 220p
* ThyssenKrupp TKAG.DE : Morgan Stanley cuts target price to EUR 8.8 from EUR 9.4
* Travis Perkins TPK.L : RBC cuts target price to 1500p from 2100p
* Ubisoft UBIP.PA : Deutsche Bank initiates coverage with buy rating; target price EUR 60
* Vantage Towers AG VTWRn.DE : Morgan Stanley cuts target price to EUR 32 from EUR 38
* Vantage Towers AG VTWRn.DE : Morgan Stanley cuts to equal-weight from overweight
* Var Energi ASA VAR.OL : Goldman Sachs initiates coverage with sell rating
* Vodafone VOD.L : Barclays cuts target price to 140p from 150p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))