Europe Research Roundup: Hapag Lloyd, Neste, UBS Group

BenevolentAI SA

27/06/2023 08:00

June 27 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Hapag Lloyd, Neste and UBS Group, on Tuesday. 
    
    HIGHLIGHTS  
    
     * Hapag Lloyd AG  HLAG.DE : Jefferies starts with hold rating and EUR 200 target price
     * Neste Oyj  NESTE.HE : TD Cowen raises to market perform from underperform
     * UBS Group AG  UBSG.S : Morgan Stanley resumes coverage with equal-weight rating; PT CHF
 21
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
     * A.P. Moller-Maersk  MAERSKb.CO : Jefferies starts with hold rating and DKK 13,000 PT
     * Associated British Foods  ABF.L : HSBC cuts target price to 2375p from 2530p
     * BAE Systems  BAES.L : Jefferies raises target price to 1100p from 1060p
     * BenevolentAI SA  BAI.AS : JP Morgan cuts target price to EUR 1.6 from EUR 2.3
     * Bureau Veritas  BVI.PA : Citigroup cuts price target to EUR 27.2 from EUR 27.6
     * Getinge  GETIb.ST : JP Morgan cuts target price to SEK 139 from SEK 193
     * Hapag Lloyd AG  HLAG.DE : Jefferies starts with hold rating and EUR 200 target price
     * Knaus Tabbert AG  KTAG.DE : Jefferies raises target price to EUR 68 from EUR 48
     * Kone Oyj  KNEBV.HE : Jefferies raises target price to EUR 58 from EUR 56
     * Neste Oyj  NESTE.HE : TD Cowen cuts target price to EUR 37 from EUR 39
     * Neste Oyj  NESTE.HE : TD Cowen raises to market perform from underperform
     * Next  NXT.L : HSBC raises target price to 7740p from 7355p
     * Schindler Holding AG  SCHP.S : Jefferies raises target price to CHF 220 from CHF 202
     * TF1  TFFP.PA : JP Morgan cuts target price to EUR 13.3 from EUR 13.4
     * UBS Group AG  UBSG.S : Morgan Stanley resumes coverage with equal-weight rating; PT CHF 21
     * Urban Logistics REIT Plc  SHED.L : Berenberg cuts target price to 150p from 170p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))