Europe Research Roundup: Adriatic Metals, Diageo, GB Group

Biomerieux SA

23/04/2024 08:59

April 23 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Adriatic Metals, Diageo and GB Group on Tuesday. 
        
  
        HIGHLIGHTS  
  
    
                 * Adriatic Metals Plc  ADT1.L : Stifel raises target price to 275p
 from 250p
 
                 * Diageo Plc  DGE.L : Morgan Stanley cuts target price to 2400p
 from 2430p
 
                 * GB Group Plc  GBGP.L : Peel Hunt raises target price to 360p
 from 340p
 
                 * H&M  HMb.ST : Morgan Stanley raises target price to SEK 130 from
 SEK 125
 
                 * Telenor ASA  TEL.OL : Deutsche Bank raises to buy from hold
 
    
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.

                 * AB Dynamics Plc  ABDP.L : Stifel raises target price to 2200p from 2050p
 
                 * ABB Ltd  ABBN.S : Deutsche Bank raises target price to CHF 40 from CHF 37
 
                 * Adriatic Metals Plc  ADT1.L : Stifel raises target price to 275p from 250p
 
                 * Arcure  ALCUR.PA : Midcap Partners raises PT to EUR 8.4 from EUR 6.7; rating "buy"
 
                 * Azelis  AZE.BR : HSBC raises target price to EUR 22.1 from EUR 20.4
 
                 * Biomerieux  BIOX.PA : Deutsche Bank initiates coverage with buy rating and PT EUR 121
 
                 * Brenntag SE  BNRGn.DE : Baader Helvea cuts target price to EUR 85 from EUR 99
 
                 * Brenntag SE  BNRGn.DE : Baader Helvea cuts to add from buy
 
                 * Brenntag SE  BNRGn.DE : HSBC raises target price to EUR 85 from EUR 82
 
                 * Danone  DANO.PA : Morgan Stanley cuts target price to EUR 66 from EUR 67
 
                 * Deutsche Bank AG  DBKGn.DE : Barclays raises target price to EUR 14 from EUR 13.5
 
                 * Diageo Plc  DGE.L : Morgan Stanley cuts target price to 2400p from 2430p
 
                 * Embracer  EMBRACb.ST : Wedbush raises target price to SEK 32 from SEK 26.5
 
                 * Embracer Group  EMBRACb.ST : Deutsche Bank cuts to hold from buy
 
                 * Embracer Group  EMBRACb.ST : Deutsche Bank raises target price to SEK 29 from SEK 26
 
                 * Ence  ENC.MC : Jefferies raises target price to EUR 3.8 from EUR 3.33
 
                 * Ence  ENC.MC : Jefferies raises to buy from hold
 
                 * Endeavour Mining  EDV.L : Morgan Stanley raises target price to 1850p from 1800p
 
                 * Ferretti SpA  YACHT.MI : Exane BNP Paribas cuts to neutral from outperform
 
                 * Ferrexpo  FXPO.L : Liberum raises target price to 225p from 220p
 
                 * Galp Energia  GALP.LS : Goldman Sachs raises target price to EUR 20 from EUR 17
 
                 * Galp Energia  GALP.LS : Morgan Stanley raises target price to EUR 19 from EUR 13.8
 
                 * Galp Energia  GALP.LS : Morgan Stanley raises to equal weight from underweight
 
                 * GB Group Plc  GBGP.L : Peel Hunt raises target price to 360p from 340p
 
                 * Getinge  GETIb.ST : JP Morgan raises target price to SEK 186 from SEK 164
 
                 * Getinge  GETIb.ST : Morgan Stanley raises target price to SEK 226 from SEK 215
 
                 * Gresham House Energy Storage Fund Plc  GRID.L : Stifel raises to positive from neutral
 
                 * GTT  GTT.PA : Berenberg cuts target price to EUR 148 from EUR 150
 
                 * H&M  HMb.ST : Morgan Stanley raises target price to SEK 130 from SEK 125
 
                 * HSBC  HSBA.L : Citigroup raises target price to 830p from 810p
 
                 * IMCD  IMCD.AS : HSBC raises target price to EUR 156 from EUR 149
 
                 * Industrie De Nora SpA  DNR.MI : Jefferies cuts target price to EUR 16 from EUR 20
 
                 * Infineon Technologies AG  IFXGn.DE : Berenberg cuts target price to EUR 45 from EUR 46
 
                 * International Airlines Group  ICAG.L : Deutsche Bank raises PT to 215p from 200p
 
                 * Interparfums SA  IPAR.PA : Berenberg initiates coverage with buy rating; PT EUR 62
 
                 * Interroll Holding AG  INRN.S : Jefferies raises target price to CHF 2,500 from CHF 2,300
 
                 * Italy's Prysmian  PRY.MI : Berenberg raises target price to EUR 58 from EUR 57
 
                 * Knorr-Bremse  KBX.DE : Deutsche Bank raises target price to EUR 72 from EUR 70
 
                 * Learning Technologies Group Plc  LTGL.L : Berenberg cuts target price to 90p from 120p
 
                 * Learning Technologies Group Plc  LTGL.L : Berenberg cuts to hold from buy
 
                 * Legrand  LEGD.PA : Goldman Sachs raises to buy from neutral
 
                 * L'Oréal  OREP.PA : HSBC raises target price to EUR 420 from EUR 410
 
                 * Man Group Plc  EMG.L : Peel Hunt raises target price to 310p from 300p
 
                 * Meyer Burger Technology AG  MBTN.S : Baader Helvea raises to buy from reduce
 
                 * MTU Aero Engines AG  MTXGn.DE : Morgan Stanley raises PT to EUR 230 from EUR 210
 
                 * Oryzon  ORY.MC : Jefferies cuts target price to EUR 2.5 from EUR 3
 
                 * Pierer Mobility AG  PKTM.S : Jefferies cuts target price to CHF 45 from CHF 51
 
                 * Pluxee  PLX.PA : Deutsche Bank raises target price to EUR 35.5 from EUR 34.3
 
                 * PVA Tepla AG  TPEG.DE : Jefferies raises target price to EUR 25 from EUR 24
 
                 * Reckitt  RKT.L : Jefferies raises target price to 4,400p from 4,100p
 
                 * Reckitt  RKT.L : Jefferies raises to hold from underperform
 
                 * Recordati  RECI.MI : JP Morgan raises target price to EUR 60 from EUR 56
 
                 * RS Group Plc  RS1R.L : Stifel resumes coverage with buy rating; target price 825p
 
                 * Sandvik AB  SAND.ST : Citigroup cuts target price to SEK 259 from SEK 271
 
                 * Sanlorenzo SpA  SNL.MI : Exane BNP Paribas initiates coverage with outperform rating
 
                 * Sanlorenzo SpA  SNL.MI : Exane BNP Paribas initiates coverage with target price EUR 53
 
                 * Sartorius AG  SATG_p.DE : Barclays cuts target price to EUR 290 from EUR 350
 
                 * Sartorius Stedim Biotech SA  STDM.PA : Barclays cuts PT to EUR 200 from EUR 250
 
                 * Siltronic AG  WAFGn.DE : Jefferies raises target price to EUR 110 from EUR 105
 
                 * SMA Solar  S92G.DE : Jefferies cuts target price to EUR 51 from EUR 60
 
                 * Solvay  SOLB.BR : Stifel raises target price to EUR 29 from EUR 28
 
                 * SSE  SSE.L : Morgan Stanley cuts target price to 2200p from 2300p
 
                 * Standard Chartered Plc  STAN.L : Citigroup raises target price to 750p from 690p
 
                 * Steico SE  ST5G.DE : Berenberg raises target price to EUR 36 from EUR 35
 
                 * STMicroelectronics NV  STMPA.PA : Berenberg cuts target price to EUR 49 from EUR 53
 
                 * STMicroelectronics NV  STMPA.PA : Berenberg raises to buy from hold
 
                 * Tele2 AB  TEL2b.ST : JP Morgan raises target price to SEK 100 from SEK 84
 
                 * Telenor ASA  TEL.OL : Deutsche Bank raises target price to NOK 147 from NOK 115
 
                 * Telenor ASA  TEL.OL : Deutsche Bank raises to buy from hold
 
                 * ThyssenKrupp  TKAG.DE : Deutsche Bank cuts target price to EUR 7 from EUR 8
 
                 * UBS Group AG  UBSG.S : Barclays raises target price to CHF 21 from CHF 20
 
                 * UBS Group AG  UBSG.S : RBC cuts target price to CHF 28 from CHF 29
 
                 * UCB SA  UCB.BR : HSBC raises target price to EUR 135 from EUR 125
 
                 * Verbio SE  VBKG.DE : Jefferies cuts target price to EUR 38 from EUR 44
 
                 * Watches of Switzerland  WOSG.L : Jefferies cuts target price to 440p from 460p
 
                 * Watches of Switzerland  WOSG.L : RBC cuts target price to 425p from 475p
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))