Europe Research Roundup: ASM International, Luceco, Voestalpine

Berkeley groupHoldings

11/06/2026 08:06

June 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASM International, Luceco and Voestalpine, on Thursday. 

HIGHLIGHTS
* ASM International N.V. ASMI.AS: Barclays raises target price to EUR 1200 from EUR 950
* Evoke Plc EVOK.L: Berenberg raises target price to 52p from 33p 
* Luceco Plc LUCEL.L: Jefferies initiates coverage with buy rating
* Richemont CFR.S: Berenberg raises target price to CHF 155 from CHF 150 
* Voestalpine AG VOES.VI: Citigroup raises target price to EUR 50 from EUR 45 
Following is a summary of research actions on European companies reported by Reuters on Thursday .Stock entries are in alphabetical order. 


* Alfen ALFEN.AS: Deutsche Bank raises target price to EUR 13 from EUR 10 
* Alstom SA ALSO.PA: Deutsche Bank cuts target price to EUR 19 from EUR 20 
* ASM International N.V. ASMI.AS: Barclays raises target price to EUR 1200 from EUR 950 
* ASML Holding NV ASML.AS: Goldman Sachs raises target price to EUR 1770 from EUR 1600 
* Barratt Redrow Plc BTRW.L: Morgan Stanley cuts target price to 260p from 300p 
* BASF BASFN.DE: Kepler Cheuvreux raises target price to EUR 56 from EUR 54 
* BASF BASFN.DE: Kepler Cheuvreux raises to buy from hold 
* Bellway Plc BWY.L: Berenberg cuts target price to 2,100p from 2,800p 
* Bellway Plc BWY.L: Citigroup cuts target price to 2300p from 2800p 
* Berkeley Group Holdings Plc BKGH.L: Morgan Stanley cuts target price to 2800p from 2990p 
* Besi BESI.AS: Goldman Sachs raises target price to EUR 315 from EUR 286 
* Concurrent Technologies Plc CNCT.L: Stifel raises target price to 295p from 250p 
* Cucinelli BCU.MI: Berenberg cuts target price to EUR 95 from EUR 120 
* DCC DCC.L: Stifel cuts to hold from buy; cuts target price to 6525p from 6800p 
* DR ING HC F Porsche AG P911_p.DE: Goldman Sachs raises target price to EUR 59 from EUR 39 
* DR ING HC F Porsche AG P911_p.DE: Goldman Sachs raises to buy from neutral 
* Evoke Plc EVOK.L: Berenberg raises target price to 52p from 33p 
* Fastned FASTN.AS: Deutsche Bank cuts to hold from buy 
* Fastned FASTN.AS: Deutsche Bank raises target price to EUR 33 from EUR 30 
* Grenergy GREG.MC: Berenberg raises target price to EUR 144 from EUR 136 
* Halma HLMA.L: Panmure Liberum raises target price to 4620p from 4270p 
* Hermes HRMS.PA: Berenberg cuts target price to EUR 1,850 from EUR 2,600
* Infrastrutture Wireless Italiane SpA INWT.MI: Morgan Stanley assumes coverage with equalweight rating 
* Infrastrutture Wireless Italiane SpA INWT.MI: Morgan Stanley assumes coverage with PT EUR 7 vs EUR 11 
* Interroll INRN.S: Kepler Cheuvreux cuts target price to CHF 1400 from CHF 2400 
* Interroll INRN.S: Kepler Cheuvreux cuts to reduce from hold 
* Investor INVEB.ST: Kepler Cheuvreux cuts to hold from buy 
* Investor INVEB.ST: Kepler Cheuvreux raises target price to SEK 403 from SEK 385 
* Johnson Matthey JMAT.L: Kepler Cheuvreux initiates coverage with buy rating and target price 2450p 
* Kering PRTP.PA: Berenberg cuts target price to EUR 175 from EUR 190 
* Kering PRTP.PA: Kepler Cheuvreux cuts target price to EUR 360 from EUR 400 
* Luceco Plc LUCEL.L: Jefferies initiates coverage with buy rating
* Luceco Plc LUCEL.L: Jefferies initiates coverage with target price 320p 
* LVMH LVMH.PA: Berenberg cuts target price to EUR 420 from EUR 560 
* Mj Gleeson Plc GLEG.L: Berenberg cuts target price to 310p from 345p 
* Motorpoint Group Plc MOTR.L: Deutsche Bank cuts target price to 170p from 180p 
* Pennon Group PNN.L: Deutsche Bank cuts target price to 550p from 620p 
* Pennon Group Plc PNN.L: Citigroup cuts target price to 552p from 656p 
* Persimmon Plc PSN.L: Morgan Stanley cuts target price to 1330p from 1390p 
* Raspberry PI RPI.L: Deutsche Bank raises target price to 650p from 550p 
* Richemont CFR.S: Berenberg raises target price to CHF 155 from CHF 150 
* Richemont CFR.S: BofA Global Research raises price objective to CHF 185 from CHF 175 
* Rieter RIEN.S: UBS cuts target price to CHF 3.2 from CHF 3.4 
* Safestore Holdings Plc SAFE.L: Jefferies cuts target price to 788p from 828p 
* Safestore Holdings Plc SAFE.L: Stifel cuts target price to 700p from 850p 
* Schneider Electric SCHN.PA: BofA Global Research raises price objective to EUR 320 from EUR 306 -
* STMicroelectronics STMPA.PA: Deutsche Bank raises target price to EUR 75 from EUR 52 
* Swatch Group AG UHR.S: Berenberg raises target price to CHF 130 from CHF 115 
* Swisscom AG SCMN.S: Morgan Stanley assumes coverage with PT CHF 600 vs CHF 720 
* Swisscom AG SCMN.S: Morgan Stanley assumes coverage with underweight vs overweight rating 
* Syensqo NV SYENS.BR: Berenberg raises target price to EUR 63.5 from EUR 54 
* Taylor Wimpey Plc TW.L: Morgan Stanley cuts target price to 65p from 75p 
* Telenor TEL.OL: Berenberg raises target price to NOK 158 from NOK 138 
* Thales TCFP.PA: Bernstein raises target price to EUR 290 from EUR 260 
* Trustpilot TRST.L: Barclays initiates coverage with overweight rating and target price 350p 
* Umicore UMI.BR: Kepler Cheuvreux cuts to hold from buy 
* Umicore UMI.BR: Kepler Cheuvreux raises target price to EUR 24 from EUR 20 
* Vistry Group Plc VTYV.L: Morgan Stanley cuts target price to 270p from 380p 
* Vodafone Group Plc VOD.L: Barclays cuts target price to 110p from 120p 
* Vodafone Group Plc VOD.L: Barclays cuts to equal-weight from overweight 
* Voestalpine AG VOES.VI: Citigroup raises target price to EUR 50 from EUR 45 
* Voltalia SA VLTSA.PA: Morgan Stanley cuts target price to EUR 7 from EUR 8 
* Voltalia SA VLTSA.PA: Morgan Stanley cuts to underweight from equal weight 
* Volvo VOLVB.ST: Kepler Cheuvreux cuts target price to SEK 335 from SEK 345 
* WH Smith SMWH.L: Barclays cuts target price to 455p from 615p 
* WH Smith SMWH.L: Deutsche Bank cuts target price to 390p from 550p 
* WH Smith Plc SMWH.L: UBS cuts target price to 480p from 600p 

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