Europe Research Roundup: ADP, ISS, UBS Group

Berkeley groupHoldings

08/09/2026 09:16

Sept 8 - Securities analysts revised their ratings and price targets on several European companies, including ADP, ISS and UBS Group on Tuesday.

HIGHLIGHTS
* ADP ADP.PA: JP Morgan raises to overweight from neutral rating 
* Forterra Plc FORT.L: Berenberg cuts target price to 150p from 170p 
* ISS ISS.CO: Berenberg raises target price to DKK 350 from DKK 340 
* Nordex SE NDXG.DE: Citigroup raises to buy from neutral
* UBS Group AG UBSG.S: JP Morgan raises target price to CHF 50 from CHF 46 

Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. 

* 4Imprint Group FOUR.L: Deutsche Bank raises target price to 4250p from 3624p 
* ABB ABBN.S: HSBC raises target price to CHF 84 from CHF 82 
* ADP ADP.PA: JP Morgan raises target price to EUR 130 from EUR 115 
* ADP ADP.PA: JP Morgan raises to overweight from neutral rating 
* Aedifica AOO.BR: Barclays raises target price to EUR 76 from EUR 75 
* Amundi SA AMUN.PA: RBC raises target price to EUR 85 from EUR 78 
* Argenx ARGX.BR: Barclays raises target price to EUR 1100 from EUR 1000 
* Ashmore ASHM.L: Deutsche Bank raises target price to 150p from 145p 
* ASML Holding N.V. ASML.AS: Morgan Stanley cuts target price to EUR 1700 from EUR 1930 
* ASOS Plc ASOS.L: Barclays raises target price to 420p from 210p 
* ASOS Plc ASOS.L: Barclays raises to equal-weight from underweight 
* AstraZeneca AZN.L: Barclays cuts target price to 16000p from 16500p 
* Atlas Copco ATCOa.ST: Citigroup raises target price to SEK 256 from SEK 245 
* Atos ATOS.PA: Bernstein cuts target price to EUR 35 from EUR 43 
* Auto Trader AUTOA.L: Jefferies raises target price to 640p from 545p 
* Auto Trader AUTOA.L: Jefferies raises to buy from hold 
* Autostore Holdings Ltd AUTO.OL: Berenberg raises target price to NOK 20 from NOK 14 
* Bachem Holding AG BANB.S: Barclays raises target price to CHF 80 from CHF 70 
* Baltic Classifieds Group Plc BCG.L: Jefferies cuts target price to 185p from 229p 
* Baltic Classifieds Group Plc BCG.L: Jefferies cuts to underperform from hold 
* Barratt Redrow Plc BTRW.L: Berenberg raises target price to 370p from 348p 
* Bayer AG BAYGn.DE: Barclays raises target price to EUR 70 from EUR 60
* BE Semiconductor Industries NV BESI.AS: Morgan Stanley cuts PT to EUR 220 from EUR 260 
* Bellway Plc BWY.L: Berenberg raises target price to 2550p from 2400p 
* Berkeley Group BKGH.L: Berenberg cuts target price to 3,800p from 4,000p 
* Biomérieux BIOX.PA: Barclays raises target price to EUR 80 from EUR 75 
* Bunzl BNZL.L: Morgan Stanley raises target price to 2800p from 2700p 
* Buzzi BZU.MI: Berenberg cuts target price to EUR 44 from EUR 50
* Canal+SA CAN.L: Deutsche Bank cuts target price to 330p from 350p 
* Computacenter Plc CCC.L: Jefferies raises target price to 6500p from 5300p 
* Computacenter Plc CCC.L: JP Morgan raises target price to 6500p from 6000p 
* Diasorin S.P.A DIAS.MI: Barclays raises target price to EUR 70 from EUR 60 
* DWS Group Gmbh & Co KGaA DWSG.DE: Jefferies raises target price to EUR 90 from EUR 51 
* DWS Group Gmbh & Co KGaA DWSG.DE: Jefferies raises to buy from hold
* Eaton Corporation Plc ETN.N: UBS raises target price to $515 from $450 
* Eaton Corporation Plc ETN.N: UBS raises to buy from neutral 
* Eiffage FOUG.PA: Jefferies cuts target price to EUR 158 from EUR 160 
* Equinor EQNR.OL: Alphavalue raises to reduce from sell 
* Erste Group Bank ERST.VI: HSBC initiates coverage with hold rating and PT EUR 139 
* Eurofins Scientific SE EUFI.PA: Morgan Stanley cuts target price to EUR 64.5 from EUR 68.5 
* Forterra Plc FORT.L: Berenberg cuts target price to 150p from 170p 
* Galderma GALD.S: Barclays raises target price to CHF 220 from CHF 210 
* Genmab A/S GMAB.CO: Barclays raises target price to DKK 2900 from DKK 2500 
* Genuit Group Plc GENG.L: Berenberg cuts target price to 370p from 440p 
* Genus GNS.L: Davy Research initiates coverage with  price target 2810p 
* Genus GNS.L: Davy Research initiates coverage with outperform rating
* Gsk Plc GSK.L: Barclays cuts target price to 1800p from 1900p 
* H Lundbeck A/S HLUNb.CO: Barclays raises target price to DKK 50 from DKK 48 
* Hemnet HEM.ST: Jefferies cuts target price to SEK 175 from SEK 206 
* Hikma Pharmaceuticals Plc HIK.L: Barclays raises target price to 1700p from 1350p 
* Hill & Smith HILS.L: Berenberg raises target price to 3,300p from 3,180p 
* Infineon Technologies AG IFXGn.DE: Morgan Stanley cuts target price to EUR 65 from EUR 81 
* Ipsen SA IPN.PA: Barclays cuts target price to EUR 155 from EUR 170 
* IQE Plc IQE.L: Deutsche Bank cuts target price to 65p from 70p 
* ISS ISS.CO: Berenberg raises target price to DKK 350 from DKK 340 
* Keller Group Plc KLR.L: Berenberg raises target price to 3450p from 3300p 
* Kier Group Plc KIE.L: Berenberg raises target price to 300p from 260p 
* Kion Group AG KGX.DE: Citigroup raises raises target price to EUR 62 from EUR 46 
* Kion Group AG KGX.DE: Citigroup raises to buy from neutral
* Lonza Group AG LONN.S: Barclays raises target price to CHF 730 from CHF 680 
* Luceco Plc LUCEL.L: Deutsche Bank raises target price to 270p from 260p 
* Luceco Plc LUCEL.L: Deutsche Bank raises to buy from hold 
* Marshalls MSLH.L: Berenberg cuts target price to 250p from 360p 
* Merck KGaA MRCG.DE: Barclays raises target price to EUR 150 from EUR 140 
* Nordex SE NDXG.DE: Citigroup raises target price to EUR 50 from EUR 48
* Nordex SE NDXG.DE: Citigroup raises to buy from neutral
* Novartis NOVN.S: Barclays raises target price to CHF 130 from CHF 125 
* Novo Nordisk NOVOb.CO: Barclays cuts target price to DKK 300 from DKK 310 
* Randstad N.V. RAND.AS: Degroof Petercam cuts to hold from buy 
* Randstad N.V. RAND.AS: Morgan Stanley raises target price to EUR 34.5 from EUR 26.5 
* Recordati RECI.MI: Barclays raises target price to EUR 55 from EUR 50 
* Rightmove RMV.L: Jefferies raises to hold from underperform 
* Roche ROPC.S: Barclays raises target price to CHF 430 from CHF 410 
* S4 Capital Plc SFOR.L: Deutsche Bank raises target price to 54p from 30p 
* Saab AB SAABb.ST: Alphavalue initiates coverage with reduce rating
* Saab AB SAABb.ST: Alphavalue initiates coverage with target price SEK 593 
* Sandoz AG SDZ.S: Barclays raises target price to CHF 93 from CHF 81 
* Sanofi SASY.PA: Barclays raises target price to EUR 83 from EUR 79 
* Sartorius AG SATG_p.DE: Barclays raises target price to EUR 300 from EUR 260 
* Sartorius Stedim Biotech STDM.PA: Barclays raises target price to EUR 240 from EUR 210 
* Societe Generale SA SOGN.PA: JP Morgan cuts to neutral rating 
* Soitec SA SOIT.PA: Bernstein raises target price to EUR 215 from EUR 200
* Spire Healthcare Group Plc SPI.L: Deutsche Bank cuts to hold from buy 
* Spire Healthcare Group Plc SPI.L: Deutsche Bank raises target price to 250p from 245p 
* Swedbank SWEDa.ST: Alphavalue cuts target price to SEK 312 from SEK 331 
* Swedish Orphan Biovitrum SOBIV.ST: Barclays raises PT to SEK 590 from SEK 550 
* Tomra Systems TOM.OL: Stifel cuts target price to NOK 140 from NOK 160 
* Tritax Big Box BBOXT.L: Berenberg cuts target price to 188p from 196p 
* UBS Group AG UBSG.S: JP Morgan raises target price to CHF 50 from CHF 46 
* Vend Marketplaces ASA VEND.OL: Jefferies cuts target price to NOK 285 from NOK 290 
* Viridien SA VIRI.PA: Bernstein raises target price to EUR 142 from EUR 130 
* Wacker Chemie WCHG.DE: Barclays raises target price to EUR 99 from EUR 87 
* WPP Group WPP.L: Deutsche Bank raises target price to 555p from 425p 
* Zealand pharma A/S ZELA.CO: Barclays cuts target price to DKK 330 from DKK 425 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))