Europe Research Roundup: Alfen, Boliden, Pennon Group

Biomerieux SA

17/04/2024 08:09

April 17 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Alfen, Boliden and Pennon Group on Wednesday. 
    
    HIGHLIGHTS
                 * Alfen  ALFEN.AS : Deutsche Bank cuts to hold from buy
 
                 * Boliden AB  BOL.ST : JP Morgan raises to neutral from
 underweight
 
                 * Pennon Group Plc  PNN.L : RBC raises to outperform rating
 
                 * Picton Property Income Ltd  PCTN.L : Peel Hunt raises to buy
 from hold
 
                 * URW  URW.PA : Citigroup raises to buy from neutral
 
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * Adidas AG  ADSGn.DE : JP Morgan raises target price to EUR 240 from EUR 227
 
                 * Adidas AG  ADSGn.DE : Wedbush raises target price to EUR 200 from EUR 193
 
                 * Airbus SE  AIR.PA : Morgan Stanley raises target price to EUR 190 from EUR 174
 
                 * Akzo Nobel NV  AKZO.AS : Jefferies raises target price to EUR 79 from EUR 72
 
                 * Akzo Nobel NV  AKZO.AS : Jefferies raises to buy from hold
 
                 * Alfen  ALFEN.AS : Deutsche Bank cuts target price to EUR 50 from EUR 70
 
                 * Alfen  ALFEN.AS : Deutsche Bank cuts to hold from buy
 
                 * Anglo American  AAL.L : Citigroup raises target price to 2800p from 2500p
 
                 * Anglo American  AAL.L : JP Morgan raises target price to 2600p from 2300p
 
                 * Ashtead Group Plc  AHT.L : RBC raises target price to 5300p from 5100p
 
                 * Ashtead Technology Holdings Plc  ATAS.L : Berenberg raises target price to 775p
 from 700p
 
                 * Ashtead Technology Holdings Plc  ATAS.L : Stifel raises target price to 770p
 from 750p
 
                 * Asos Plc  ASOS.L : JP Morgan cuts target price to 300p from 350p
 
                 * B&M  BMEB.L : HSBC raises target price to 720p from 715p
 
                 * Banca Pop. Sondrio  BPSI.MI : Deutsche Bank raises target price to EUR 7.3 from
 EUR 7.1
 
                 * Banco Bpm  BAMI.MI : Deutsche Bank raises target price to EUR 6.5 from EUR 6.1
 
                 * Barclays  BARC.L : HSBC raises target price to 260p from 210p
 
                 * Beiersdorf  BEIG.DE : Deutsche Bank raises target price to EUR 125 from EUR 120
 
                 * Beiersdorf AG  BEIG.DE : Barclays cuts target price to EUR 151 from EUR 154
 
                 * Beiersdorf AG  BEIG.DE : Berenberg cuts target price to EUR 166 from EUR 167
 
                 * Beiersdorf AG  BEIG.DE : Morgan Stanley raises target price to EUR 129 from EUR
 127
 
                 * Biomerieux SA  BIOX.PA : Jefferies raises target price to EUR 96 from EUR 90
 
                 * BMW  BMWG.DE : Barclays raises target price to EUR 95 from EUR 85
 
                 * Boliden AB  BOL.ST : JP Morgan raises to neutral from underweight
 
                 * Boliden AB  BOL.ST : JP Morgan raises target price to SEK 335 from SEK 260
 
                 * BPER Banca S.P.A.  EMII.MI : Deutsche Bank raises target price to EUR 4.7 from
 EUR 4.3
 
                 * British Land  BLND.L : Peel Hunt raises target price to 475p from 430p
 
                 * Capital & Regional Plc  CAL.L : Peel Hunt cuts target price to 60p from 65p
 
                 * Carl Zeiss Meditec  AFXG.DE : Deutsche Bank raises target price to EUR 102 from
 EUR 98
 
                 * CLS Holdings Plc  CLSH.L : Peel Hunt cuts target price to 105p from 135p
 
                 * CLS Holdings Plc  CLSH.L : Peel Hunt raises to add from hold
 
                 * Commerzbank  CBKG.DE : HSBC raises target price to EUR 18 from EUR 17.6
 
                 * Deutsche Lufthansa AG  LHAG.DE : Deutsche Bank cuts target price to EUR 8 from
 EUR 8.8
 
                 * Direct Line Insurance  DLGD.L : Goldman Sachs reinstates coverage with buy
 rating
 
                 * Direct Line Insurance  DLGD.L : Goldman Sachs reinstates coverage with target
 price 280p
 
                 * Ericsson  ERICb.ST : Barclays cuts target price to SEK 48 from SEK 50
 
                 * Formycon AG  FYB.DE : Berenberg cuts target price to EUR 100 from EUR 104
 
                 * Fraport  FRAG.DE : HSBC raises target price to EUR 66 from EUR 61
 
                 * Galapagos NV  GLPG.AS : Citigroup cuts target price to EUR 30 from EUR 35
 
                 * Grainger  GRI.L : Peel Hunt raises target price to 270p from 260p
 
                 * Great Portland Estates Plc  GPEG.L : Peel Hunt cuts target price to 475p from
 525p
 
                 * Hays Plc  HAYS.L : Morgan Stanley cuts target price to 90p from 93p
 
                 * Hexagon  HEXAb.ST : Citigroup raises target price to SEK 125 from SEK 120
 
                 * Hochschild  HOCM.L : JP Morgan raises target price to 235p from 190p
 
                 * Hydro  NHY.OL : JP Morgan raises target price to NOK 82 from NOK 76
 
                 * Iberdrola  IBE.MC : HSBC raises target price to EUR 13.5 from EUR 13.1
 
                 * ING Groep NV  INGA.AS : Berenberg raises target price to EUR 17.5 from EUR 16.5
 
                 * Integrafin Holdings Plc  IHPI.L : Barclays raises target price to 360p from
 350p
 
                 * Mediobanca  MDBI.MI : Deutsche Bank raises target price to EUR 10.9 from EUR
 9.9
 
                 * Medios AG  ILM1k.DE : Berenberg cuts target price to EUR 35 from EUR 44
 
                 * Metro Bank Holdings Plc  MTRO.L : Barclays cuts target price to 30p from 35p
 
                 * Michelin  MICP.PA : Morgan Stanley raises target price to EUR 39 from EUR 37
 
                 * Moneysupermarket.com  MONY.L : Barclays cuts target price to 290p from 295p
 
                 * Netcompany Group A/S  NETCG.CO : Citigroup raises target price to DKK 275 from
 DKK 250
 
                 * Newriver REIT Plc  NRRT.L : Peel Hunt cuts target price to 85p from 95p
 
                 * Next 15 Group Plc  NFGN.L : Stifel raises target price to 1,000p from 940p
 
                 * Nibe Industrier AB  NIBEb.ST : Goldman Sachs initiates coverage with sell
 rating
 
                 * Nibe Industrier AB  NIBEb.ST : Goldman Sachs initiates coverage with target
 price SEK 43
 
                 * Novozymes A/S  NSISb.CO : Berenberg raises target price to DKK 450 from DKK 390
 
                 * Orange Belgium SA  OBEL.BR : Morgan Stanley cuts target price to EUR 14 from
 EUR 15
 
                 * Pennon Group Plc  PNN.L : RBC cuts target price to 850p from 875p
 
                 * Pennon Group Plc  PNN.L : RBC raises to outperform rating
 
                 * Picton Property Income Ltd  PCTN.L : Peel Hunt raises to buy from hold
 
                 * Pirelli & C SpA  PIRC.MI : JP Morgan raises target price to EUR 7.20 from EUR
 6.50
 
                 * Rio Tinto  RIO.L : JP Morgan cuts target price to 6630p from 7040p
 
                 * Sage Group  SGE.L : Citigroup raises target price to 1350p from 1300p
 
                 * Salmar ASA  SALM.OL : Berenberg cuts target price to NOK 640 from NOK 650
 
                 * SCA AB  SCAb.ST : JP Morgan cuts target price to SEK 142 from SEK 146
 
                 * SCA AB  SCAb.ST : JP Morgan cuts to underweight from neutral
 
                 * Segro  SGRO.L : Peel Hunt raises target price to 950p from 905p
 
                 * Sika AG  SIKA.S : JP Morgan raises target price to CHF 260 from CHF 224
 
                 * Sika AG  SIKA.S : Morgan Stanley raises target price to CHF 269 from CHF 263
 
                 * Stora Enso Oyj  STERV.HE : JP Morgan raises target price to EUR 14.3 from EUR
 13.2
 
                 * Supermarket Income REIT Plc  SUPR.L : Peel Hunt raises target price to 80p from
 75p
 
                 * Topdanmark  TOP.CO : Jefferies raises target price to DKK 315 from DKK 300
 
                 * Travis Perkins Plc  TPK.L : Morgan Stanley cuts target price to 830p from 860p
 
                 * Travis Perkins Plc  TPK.L : Morgan Stanley cuts target price to 830p from 860p
 
                 * Tritax Big Box  BBOXT.L : Peel Hunt cuts to hold from add
 
                 * Tritax Big Box  BBOXT.L : Peel Hunt raises target price to 165p from 150p
 
                 * Tritax Eurobox Plc  EBOX.L : Peel Hunt raises target price to 60p from 55p
 
                 * UCB SA  UCB.BR : Barclays raises target price to EUR 150 from EUR 130
 
                 * UK Commercial Property REIT Ltd  UKCM.L : Peel Hunt raises target price to 75p
 from 55p
 
                 * Unicredit SpA  CRDI.MI : Deutsche Bank raises target price to EUR 35.4 from EUR
 30.7
 
                 * Unite Group  UTG.L : Peel Hunt raises target price to 1040p from 1030p
 
                 * UPM-Kymmene Oyj  UPM.HE : JP Morgan raises target price to EUR 36 from EUR 34.6
 
                 * URW  URW.PA : Citigroup raises target price to EUR 85.2 from EUR 52.5
 
                 * URW  URW.PA : Citigroup raises to buy from neutral
 
                 * Volvo Car AB  VOLCARB.ST : HSBC raises target price to SEK 52 from SEK 43
 
                 * Wise Plc  WISEa.L : Morgan Stanley raises target price to 1075p from 1070p
 
                 * Workspace  WKP.L : Peel Hunt cuts target price to 600p from 615p
 
                 * Zurich Insurance Group AG  ZURN.S : Barclays raises target price to CHF 520
 from CHF 515
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))