Europe Research Roundup: Danone, Grenke, Unicredit
09/06/2021 08:21
June 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Danone, Grenke and Unicredit, on Wednesday.
HIGHLIGHTS
* Danone DANO.PA : RBC cuts to underperform from sector perform
* Grenke AG GLJn.DE : Berenberg raises to buy from hold
* Medacta Group SA MOVE.S : Credit Suisse cuts to neutral from outperform
* Smith+Nephew Plc SN.L : Credit Suisse raises to outperform from neutral
* Unicredit CRDI.MI : Citigroup raises to buy from neutral
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Abcam Plc ABCA.L : Liberum cuts target price to 1400p from 1500p
* Acciona ANA.MC : Barclays cuts target price to EUR 147 from EUR 153
* ADP ADP.PA : UBS raises price target to EUR 113 from EUR 107
* Aegon NV AEGN.AS : Barclays raises target price to EUR 4 from EUR 3.7
* Aena Sme SA AENA.MC : UBS raises price target to EUR 159 from EUR 157
* Air Liquide AIRP.PA : Barclays raises target price to EUR 160 from EUR 155
* Allianz SE ALVG.DE : Barclays raises target price to EUR 230 from EUR 225
* Assa Abloy AB ASSAb.ST : UBS raises target price to SEK 300 from SEK 270
* Balta Group NV BALTA.BR : ING raises target price to EUR 3.0 from EUR 1.5; rating hold
* BBVA BBVA.MC : Citigroup raises price target to EUR 5.9 from EUR 5.25
* BBVA BBVA.MC : UBS raises target price to EUR 5.1 from EUR 4.85
* Burckhardt Compression Holding AG BCHN.S : Kepler Cheuvreux raises to buy from hold
* Bureau Veritas BVI.PA : Citigroup raises price target to EUR 26 from EUR 22
* CA Immobilien Anlagen AG CAIV.VI : HSBC cuts target price to EUR 40.5 from EUR 42
* Clinigen Group Plc CLINC.L : Davy cuts target price to 800p from 1000p
* Clinigen Group Plc CLINC.L : RBC cuts target price to 950p from 1,300p
* Cofinimmo SA COFB.BR : UBS starts with neutral rating; price target EUR 130
* CVS Group Plc CVSG.L : Liberum raises target price to 2200p from 1800p
* Danone DANO.PA : RBC cuts target price to EUR 52 from EUR 64
* Danone DANO.PA : RBC cuts to underperform from sector perform
* Dechra Pharmaceuticals Plc DPH.L : Liberum raises target price to 3110p from 3050p
* Dechra Pharmaceuticals Plc DPH.L : RBC raises target price to 4400p from 3600p
* D'Ieteren NV IETB.BR : ING raises target price to EUR 142 from EUR 134; rating buy
* Discoverie Group Plc DSCV.L : Berenberg raises target price to 930p from 850p
* Discoverie Group Plc DSCV.L : Berenberg raises target price to 930p from 850p
* Elekta AB EKTAb.ST : Bernstein raises target price to SEK 130 from SEK 120
* Flughafen Zuerich AG FHZN.S : UBS raises target price to CHF 171 from CHF 167
* Fraport FRAG.DE : UBS raises target price to EUR 63 from EUR 58
* Generali GASI.MI : Barclays raises target price to EUR 16.7 from EUR 16.5
* Genmab A/S GMAB.CO : JP Morgan raises target price to DKK 2,700 from DKK 2,500
* Genus GNS.L : Liberum raises target price to 5630p from 5450p
* Greatland Gold Plc GGPL.L : Canaccord Genuity initiates with speculative buy rating
* Greatland Gold Plc GGPL.L : Canaccord Genuity initiates with 25p target price
* Grenke AG GLJn.DE : Berenberg cuts target price to EUR 50 from EUR 66
* Grenke AG GLJn.DE : Berenberg raises to buy from hold
* Hiscox HSX.L : Barclays cuts target price to 898p from 909p
* Howden Joinery HWDN.L : JP Morgan raises target price to 785p from 772p
* Inditex ITX.MC : RBC raises target price to EUR 32 from EUR 30
* Intertek ITRK.L : Citigroup cuts price target to 5700p from 6400p
* IWG IWG.L : Credit Suisse cuts target price to 360p from 395p
* IWG IWG.L : RBC cuts target price to 300p from 330p
* IWG IWG.L : Stifel cuts target price to 325p from 360p
* Kardex Holding AG KARN.S : UBS raises price target to CHF 227 from CHF 191
* Kardex Holding AG KARN.S : UBS raises to buy from neutral
* Kering PRTP.PA : Jefferies raises target price to EUR 850 from EUR 755
* Kion Group AG KGX.DE : UBS raises target price to EUR 113 from EUR 103
* Kloeckner & Co SE KCOGn.DE : Independent Research raises PT to EUR 12.90 from EUR 11.50
* Kloeckner & Co SE KCOGn.DE : Independent Research raises to buy from hold
* Kloeckner & Co SE KCOGn.DE : Kepler Cheuvreux raises target to EUR 14.5 from EUR 14
* KPN KPN.AS : Exane BNP Paribas raises target price to EUR 3.10
* KPN KPN.AS : Exane BNP Paribas raises to outperform from neutral
* Lonza Group AG LONN.S : Jefferies raises target price to CHF 730 from CHF 665
* L'Oreal OREP.PA : Bernstein raises target price to EUR 435 from EUR 385
* LVMH LVMH.PA : Jefferies raises target price to EUR 750 from EUR 660
* LVMH LVMH.PA : Morgan Stanley raises target price to EUR 695 from EUR 670
* Malin Corporation Plc MLCM.I : Liberum cuts target price to EUR 9.6 from EUR 9.7
* Medacta Group SA MOVE.S : Credit Suisse cuts to neutral from outperform
* Medacta Group SA MOVE.S : Credit Suisse raises target price to CHF 121 from CHF 114
* Medica Group Plc MGPM.L : Liberum raises target price to 235p from 220p
* Munich Re MUVGn.DE : Barclays raises target price to EUR 286 from EUR 284
* Neste Oyj NESTE.HE : UBS cuts to neutral from buy
* Neste Oyj NESTE.HE : UBS raises price target to EUR 57 from EUR 56
* Ose Immunotherapeutics SA OSE.PA : Kepler Cheuvreux raises PT to EUR 16.8 from EUR 8.6
* Paragon Banking PAGPA.L : RBC raises target price to 500p from 480p
* Polypeptide Group AG PPGN.S : Berenberg initiates coverage with buy rating; PT CHF 88
* Polypeptide Group AG PPGN.S : Morgan Stanley initiates coverage with overweight rating
* Polypeptide Group AG PPGN.S : Morgan Stanley initiates coverage with target CHF 90
* Puretech Health PRTC.L : Liberum cuts target price to 540p from 550p
* Renew Holdings Plc RNWH.L : Peel Hunt raises target price to 750p from 700p
* Rheinmetall AG RHMG.DE : HSBC raises target price to EUR 124 from EUR 120
* Saint-Gobain SGOB.PA : JP Morgan raises target price to EUR 75 from EUR 60
* SES SA SESFd.PA : JP Morgan cuts target price to EUR 7.80 from EUR 8.20
* Siemens AG SIEGn.DE : Berenberg raises target price to EUR 170 from EUR 162
* Smith+Nephew Plc SN.L : Credit Suisse raises target price to 1,805p from 1,560p
* Smith+Nephew Plc SN.L : Credit Suisse raises to outperform from neutral
* Societe Generale SA SOGN.PA : Citigroup reinstates coverage with buy rating
* Societe Generale SA SOGN.PA : Citigroup reinstates coverage with EUR 32.50 target price
* Spire Healthcare Group Plc SPI.L : Liberum raises target price to 240p from 180p
* St. James's Place SJP.L : Citigroup raises price target to 1445p from 1378p
* Swatch Group AG UHR.S : Kepler Cheuvreux raises target price to CHF 375 from CHF 320
* Swiss Re AG SRENH.S : Barclays cuts target price to CHF 93 from CHF 95
* Teamviewer AG TMV.DE : Morgan Stanley cuts target price to EUR 48 from EUR 53
* Tele Columbus AG TC1n.DE : Barclays raises target price to EUR 3.3 from EUR 3.25
* Tinybuild Inc TBLD.L : Jefferies raises target price to 320p from 315p
* Topdanmark TOP.CO : Barclays raises target price to DKK 340 from DKK 314
* TUI AG TUIGn.DE : Independent Research raises target to EUR 3 from EUR 2.70; rating sell
* Unicredit CRDI.MI : Citigroup raises price target to EUR 14.1 from EUR 10.7
* Unicredit CRDI.MI : Citigroup raises to buy from neutral
* Uniphar Plc UPR.I : Liberum raises target price to EUR 3.82 from EUR 3.45
* Unipol Gruppo SpA UNPI.MI : Barclays raises target price to EUR 6 from EUR 5.9
* Vantage Towers AG VTWRn.DE : JP Morgan raises target price to EUR 29.50 from EUR 29
* Zooplus AG ZO1G.DE : Baader Helvea raises target price to EUR 300 from EUR 265
* Zurich Insurance Group AG ZURN.S : Barclays raises target price to CHF 420 from CHF 415
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))