Europe Research Roundup: Givaudan, National Grid, Schneider Electric

Bilfinger SE

18/06/2024 08:21

June 18 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Givaudan, National Grid and Schneider Electric, on
Tuesday.
    
    HIGHLIGHTS
    
                 * Crest Nicholson Holdings Plc  CRST.L : RBC raises target price to 250p from 175p
 
                 * Givaudan SA  GIVN.S : JP Morgan raises target price to CHF 4,200 from CHF 3,800 
 
                 * National Grid  NG.L : Barclays cuts target price to 1120p from 1365p
 
                 * Schneider Electric  SCHN.PA : Jefferies raises to buy from hold
 
                 * STMicroelectronics NV  STMPA.PA : Goldman Sachs raises to neutral from sell
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
                 * ABB Ltd  ABBN.S : Jefferies raises target price to CHF 53 from CHF 44
 
                 * Allegro.eu SA  ALEP.WA : Morgan Stanley raises target price to PLN 41 from PLN 38
 
                 * Assa Abloy  ASSAb.ST : Deutsche Bank raises target price to SEK 285 from SEK 275
 
                 * Bilfinger SE  GBFG.DE : HSBC raises target price to EUR 61 from EUR 51
 
                 * Carl Zeiss Meditec  AFXG.DE : Deutsche Bank cuts target price to EUR 75 from EUR 102
 
                 * Carl Zeiss Meditec AG  AFXG.DE : JP Morgan cuts target price to EUR 56 from EUR 68
 
                 * Crest Nicholson Holdings Plc  CRST.L : RBC raises target price to 250p from 175p
 
                 * ERG SpA  ERG.MI : Morgan Stanley cuts target price to EUR 25.1 from EUR 26.2
 
                 * Evonik Industries AG  EVKn.DE : Citigroup raises target price to EUR 25 from EUR 24
 
                 * Givaudan SA  GIVN.S : JP Morgan raises target price to CHF 4,200 from CHF 3,800
 
                 * Glencore Plc  GLEN.L : HSBC raises target price to 455p from 410p
 
                 * H&M  HMb.ST : Deutsche Bank raises target price to SEK 165 from SEK 155
 
                 * Holmen AB  HOLMb.ST : JP Morgan initiates coverage with underweight rating; PT SEK 404
 
                 * ING Groep  INGA.AS : Barclays raises target price to EUR 20.5 from EUR 20
 
                 * ING Groep NV  INGA.AS : Berenberg raises target price to EUR 19 from EUR 18.50
 
                 * Italgas SpA  IG.MI : Morgan Stanley cuts target price to EUR 5 from EUR 5.2
 
                 * Legal & General  LGEN.L : Deutsche Bank cuts target price to 275p from 300p
 
                 * Legrand  LEGD.PA : Jefferies raises target price to EUR 104 from EUR 94
 
                 * National Grid  NG.L : Barclays cuts target price to 1120p from 1365p
 
                 * Nestle SA  NESN.S : Citigroup cuts target price to CHF 110 from CHF 115
 
                 * Nkt A/S  NKT.CO : Berenberg initiates coverage with hold rating; target price DKK 613
 
                 * Prysmian SpA  PRY.MI : Barclays raises target price to EUR 63 from EUR 58
 
                 * RS Group Plc  RS1R.L : JP Morgan reinstates coverage with neutral rating; PT 780p
 
                 * Schneider Electric  SCHN.PA : Jefferies raises target price to EUR 260 from EUR 175
 
                 * Schneider Electric  SCHN.PA : Jefferies raises to buy from hold
 
                 * Siemens AG  SIEGn.DE : Jefferies raises target price to EUR 230 from EUR 225
 
                 * Siemens Energy AG  ENR1n.DE : Jefferies raises target price to EUR 26 from EUR 15
 
                 * SKF  SKFb.ST : Deutsche Bank cuts target price to SEK 208 from SEK 219
 
                 * STMicroelectronics NV  STMPA.PA : Goldman Sachs raises to neutral from sell
 
                 * Stora Enso  STERV.HE : Barclays raises target price to EUR 11 from EUR 10.5
 
                 * Svenska Cellulosa SCA AB  SCAb.ST : Barclays raises PT to SEK 110 from SEK 105
 
                 * Symrise AG  SY1G.DE : JP Morgan raises target price to EUR 130 from EUR 120
 
                 * Tracsis Plc  TRCS.L : Liberum cuts target price to 1300p from 1400p
 
                 * Vestas  VWS.CO : Citigroup cuts target price to DKK 300 from DKK 315
 
                 * Wolters Kluwer  WLSNc.AS : Morgan Stanley raises target price to EUR 164 from EUR 158
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))