Europe Research Roundup: Asos, Energean, Sampo

Believe SA

04/11/2021 07:24

Nov 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Asos, Energean and Sampo on Thursday. 
    
    HIGHLIGHTS
     * Asos Plc  ASOS.L : Stifel initiates coverage with buy rating; target price 3,000p 
     * Eltel AB  ELTEL.ST : Evli Research cuts to hold from buy 
     * Energean Plc  ENOG.L : Panmure Gordon cuts to hold from buy 
     * Sampo Plc  SAMPO.HE : Inderes cuts to accumulate from buy
     * Ubisoft  UBIP.PA : Berenberg cuts to hold from buy 
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     * A.P. Moller-Maersk  MAERSKb.CO : CFRA raises target price to DKK 27,500 from DKK 21,500 
     * A.P. Moller-Maersk  MAERSKb.CO : Fearnley Securities raises target price to DKK 23,600 
     * Acerinox SA  ACX.MC : Deutsche Bank raises target price to EUR 17 from EUR 16.5 
     * Acerinox SA  ACX.MC : JP Morgan raises target price to EUR 18.25 from EUR 18 
     * ArcelorMittal SA  MT.AS : UBS raises target price to EUR 35 from EUR 33 
     * Asos Plc  ASOS.L : Stifel initiates coverage with buy rating; target price 3,000p 
     * Aveva  AVV.L : Barclays cuts target price to 3880p from 4500p 
     * Aveva  AVV.L : Barclays cuts to equal weight from overweight 
     * BBVA  BBVA.MC : Independent Research raises PT to EUR 6.50 from EUR 5.70; rating hold 
     * Believe SA  BLV.PA : JP Morgan raises target price to EUR 20 from EUR 19.20 
     * Believe SA  BLV.PA : UBS raises target price to EUR 16 from EUR 15 
     * BMW  BMWG.DE : CFRA raises target price to EUR 93 from EUR 91 
     * BMW  BMWG.DE : Deutsche Bank raises target price to EUR 135 from EUR 125 
     * BMW  BMWG.DE : Independent Research raises target to EUR 92 from EUR 86; rating hold 
     * BNP Paribas  BNPP.PA : Independent Research raises PT to EUR 67 from EUR 60; rating buy 
     * Boohoo  BOOH.L : Stifel initiates coverage with buy rating; target price 340p 
     * Cairn Energy Plc  CNE.L : JP Morgan raises target price to 232p from 226p 
     * Clariant AG  CLN.S : Barclays raises target price to CHF 19 from CHF 18 
     * Coca Cola HBC  CCH.L : Barclays raises target price to 3000p from 2900p 
     * Currys Plc  CURY.L : Liberum raises target price to 200p from 175p 
     * Deutsche Lufthansa AG  LHAG.DE : CFRA raises to buy from hold; cuts target to EUR 9 
     * Deutsche Lufthansa AG  LHAG.DE : Independent Research ups PT to EUR 5.90 from EUR 5.80;
 rating sell 
     * E.ON SE  EONGn.DE : UBS raises target price to EUR 11 from EUR 10.50 
     * Eiffage  FOUG.PA : Barclays raises target price to EUR 117 from EUR 114 
     * Electrocomponents Plc  ECM.L : Peel Hunt raises target price to 1,420p from 1,390p 
     * Eltel AB  ELTEL.ST : Evli Research cuts target price to SEK 17 from SEK 29.5 
     * Eltel AB  ELTEL.ST : Evli Research cuts to hold from buy 
     * Endesa  ELE.MC : Stifel raises target price to EUR 21.30 from EUR 20.90 
     * Energean Plc  ENOG.L : Panmure Gordon cuts to hold from buy 
     * Energean Plc  ENOG.L : Panmure Gordon raises target price to 903p from 845p 
     * Erste Group Bank AG  ERST.VI : Deutsche Bank raises target price to EUR 44 from EUR 42 
     * Erste Group Bank AG  ERST.VI : UBS raises target price to EUR 42 from EUR 37.2 
     * Essity AB (Publ)  ESSITYb.ST : Jefferies raises target price to SEK 280 from SEK 270 
     * Ferrovial  FER.MC : Morgan Stanley raises target price to EUR 33 from EUR 32 
     * Flutter Entertainment Plc  FLTRF.L : Deutsche Bank cuts target price to 17135p from 17987p 
     * Flutter Entertainment Plc  FLTRF.L : Morgan Stanley cuts PT to 17100p from 18100p 
     * Geberit AG  GEBN.S : Barclays raises target price to CHF 690 from CHF 680 
     * Geberit AG  GEBN.S : Berenberg cuts target price to CHF 703 from CHF 723 
     * Geberit AG  GEBN.S : Morgan Stanley raises target price to CHF 576 from CHF 562 
     * Genel Energy Plc  GENL.L : JP Morgan cuts target price to 213p from 234p 
     * GN Store Nord  GN.CO : Citigroup raises price target to DKK 490 from DKK 470 
     * Greggs  GRG.L : Berenberg raises target price to 3600p from 3300p 
     * Heidelbergcement AG  HEIG.DE : CFRA cuts target price to EUR 80 from EUR 85 
     * Hiscox  HSX.L : HSBC cuts target price to 980p from 1030p 
     * Howden Joinery  HWDN.L : Berenberg raises target price to 1080p from 1000p 
     * ING Groep NV  INGA.AS : KBC Securities raises PT to EUR 14.5 from EUR 11.8 ; rating buy 
     * Intesa Sanpaolo SpA  ISP.MI : UBS raises target price to EUR 3 from EUR 2.95 
     * Kion Group AG  KGX.DE : Berenberg raises target price to EUR 116 from EUR 114 
     * Kion Group AG  KGX.DE : Deutsche Bank raises target price to EUR 100 from EUR 95 
     * Kion Group AG  KGX.DE : Morgan Stanley raises target price to EUR 96 from EUR 90 
     * Kloeckner & Co SE  KCOGn.DE : Jefferies raises target price to EUR 15 from EUR 14.80 
     * Maersk Drilling A/S  DRLCO.CO : JP Morgan cuts target price to DKK 280 from DKK 285 
     * Millicom International Cellular SA  TIGOsdb.ST : JP Morgan cuts PT to SEK 370 from SEK 390 
     * Morgan Sindall  MGNS.L : HSBC raises target price to 2650p from 2610p 
     * Nestle SA  NESN.S : Jefferies raises target price to CHF 118.50 from CHF 112 
     * Nexans  NEXS.PA : Morgan Stanley cuts target price to EUR 80 from EUR 81 
     * Norma Group SE  NOEJ.DE : Stifel raises target price to EUR 38 from EUR 37 
     * Novo Nordisk  NOVOb.CO : Barclays raises target price to DKK 750 from DKK 675 
     * Novo Nordisk  NOVOb.CO : Credit Suisse raises target price to DKK 670 from DKK 625 
     * Novo Nordisk  NOVOb.CO : Independent Research ups PT to DKK 750 from DKK 670; rating hold 
     * Novo Nordisk  NOVOb.CO : JP Morgan raises target price to DKK 800 from DKK 700 
     * OC Oerlikon Corporation AG Pfaeffikon  OERL.S : RBC raises PT to CHF 10.75 from CHF 10 
     * Orpea  ORP.PA : Portzamparc raises to buy from hold; target price EUR 110 
     * Pandora  PNDORA.CO : CFRA raises target price to DKK 829 from DKK 816 
     * Pets at Home  PETSP.L : Liberum raises target price to 575p from 550p 
     * Prosiebensat 1 Media SE  PSMGn.DE : JP Morgan raises target price to EUR 27 from EUR 26
     * Proximus NV  PROX.BR : JP Morgan cuts target price to EUR 18.30 from EUR 19 
     * Raiffeisen Bank International AG  RBIV.VI : Barclays raises PT to EUR 32 from EUR 28 
     * Raisio Oyj  RAIVV.HE : Inderes cuts target price to EUR 3.5 from EUR 3.6; rating reduce 
     * Rational AG  RAAG.DE : Deutsche Bank raises target price to EUR 649 from EUR 629 
     * Royal Mail Plc  RMG.L : Jefferies cuts target price to 500p from 550p 
     * Safran  SAF.PA : JP Morgan raises target price to EUR 155 from EUR 146 
     * Sage Group  SGE.L : UBS raises target price to 730p from 660p 
     * Samhallsbyggnadsbolaget I Norden AB  SBBb.ST : JP Morgan raises PT to SEK 62 from SEK 55 
     * Sampo Plc  SAMPO.HE : Inderes cuts to accumulate from buy
     * Sampo Plc  SAMPO.HE : Inderes raises target price to EUR 48.0 from EUR 46.0 
     * Smiths News Plc  SNWS.L : Peel Hunt cuts target price to 52p from 55p 
     * Swatch Group AG  UHR.S : Citigroup cuts price target to CHF 287 from CHF 343 
     * Teamviewer AG  TMV.DE : Morgan Stanley cuts target price to EUR 17.75 from EUR 18.5 
     * Telecom Italia  TLIT.MI : Independent Research cuts PT to EUR 0.32 from EUR 0.40; hold 
     * Telefonica Deutschland  O2Dn.DE : Barclays raises target price to EUR 3.5 from EUR 3.4 
     * Telefonica Deutschland  O2Dn.DE : JP Morgan raises target price to EUR 3.60 from EUR 3.40 
     * Telenor ASA  TEL.OL : JP Morgan cuts target price to NOK 140 from NOK 152 
     * Teleperformance  ROCH.PA : Portzamparc raises PT to EUR 400 from EUR 385; rating accumulate
     * Ten Entertainment Group Plc  TEG.L : Liberum raises target price to 340p from 325p 
     * Trainline  TRNT.L : Barclays cuts target price to 280p from 340p 
     * Trainline  TRNT.L : Deutsche Bank cuts to hold from buy; cuts target to 351p from 412p 
     * Trainline  TRNT.L : Morgan Stanley cuts target price to 380p from 400p 
     * TUI AG  TUIGn.DE : Bernstein raises to market-perform from underperform 
     * TUI AG  TUIT.L : Bernstein cuts target price to 215p from 225p 
     * TUI AG  TUIT.L : Bernstein raises to market-perform from underperform 
     * Turk Telekomunikasyon As  TTKOM.IS : JP Morgan raises target price to TL 9.65 from TL 9.30 
     * Ubisoft  UBIP.PA : Berenberg cuts target price to EUR 48 from EUR 72 
     * Ubisoft  UBIP.PA : Berenberg cuts to hold from buy 
     * Umg  UMG.AS : HSBC raises target price to EUR 27 from EUR 26 
     * Unicaja Banco SA  UNI.MC : Morgan Stanley raises target price to EUR 0.75 from EUR 0.7 
     * Vestas  VWS.CO : Berenberg cuts target price to DKK 265 from DKK 305 
     * Vestas  VWS.CO : Citigroup cuts price target to DKK 355 from DKK 375 
     * Vestas  VWS.CO : Credit Suisse raises target price to DKK 140 from DKK 135 
     * Vestas  VWS.CO : Deutsche Bank cuts target price to DKK 200 from DKK 260 
     * Vestas  VWS.CO : JP Morgan cuts target price to DKK 195 from DKK 196 
     * Viscofan SA  VIS.MC : Exane BNP Paribas raises target price to EUR 70 from EUR 65 
     * Viscofan SA  VIS.MC : Exane BNP Paribas raises to outperform from neutral 
     * Viscofan SA  VIS.MC : UBS raises target price to EUR 61 from EUR 59 
     * Vontobel Holding AG  VONN.S : Citigroup cuts target price to CHF 88 from CHF 89 
     * Vontobel Holding AG  VONN.S : Citigroup cuts to neutral from buy 
     * Wacker Chemie AG  WCHG.DE : JP Morgan raises target price to EUR 164 from EUR 152 
     * Whitbread  WTB.L : HSBC raises target price to 3900p from 3700p 
     * Wolters Kluwer NV  WLSNc.AS : Barclays raises target price to EUR 98.5 from EUR 95.75 
     * Zalando SE  ZALG.DE : Barclays cuts target price to EUR 110 from EUR 113 
     * Zalando SE  ZALG.DE : Bryan Garnier cuts target price to EUR 105 from EUR 112 
     * Zalando SE  ZALG.DE : Credit Suisse cuts target price to EUR 98 from EUR 106 
     * Zalando SE  ZALG.DE : Independent Research cuts PT to EUR 94 from EUR 115; rating buy 
     * Zalando SE  ZALG.DE : JP Morgan cuts target price to EUR 101 from EUR 107 
     * Zalando SE  ZALG.DE : Liberum cuts target price to EUR 90 from EUR 100 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))