Europe Research Roundup: Argenx, Epiroc, Volkswagen

Biomerieux SA

01/11/2023 06:50

Nov 1 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Argenx, Epiroc and Volkswagen, on Wednesday. 
    
    HIGHLIGHTS 
     
     * Argenx SE  ARGX.BR : JP Morgan raises target price to EUR 580 from EUR 560
     * Epiroc AB  EPIRa.ST : RBC cuts target price to SEK 195 from SEK 205
     * Hipgnosis Songs Fund Ltd  SONG.L : JP Morgan resumes coverage with overweight rating
     * Safran  SAF.PA : Berenberg raises target price to EUR 175 from EUR 160
     * Volkswagen AG  VOWG_p.DE : RBC cuts target price to EUR 140 from EUR 160
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
 
     * Argenx SE  ARGX.BR : JP Morgan raises target price to EUR 580 from EUR 560
     * Ascential  ASCL.L : Peel Hunt raises target price to 365p from 300p
     * BBVA  BBVA.MC : HSBC raises target price to EUR 9.4 from EUR 9.2
     * Biomerieux  BIOX.PA : HSBC cuts target price to EUR 108 from EUR 110
     * BP  BP.L : JP Morgan cuts target price to 550p from 615p
     * BP  BP.L : JP Morgan cuts to underweight from neutral
     * Caixabank  CABK.MC : HSBC raises target price to EUR 4.3 from EUR 4.1
     * Danone  DANO.PA : Morgan Stanley assumes coverage with overweight rating and EUR 62 PT
     * Entain  ENT.L : JP Morgan cuts target price to 1,700p from 1,800p
     * Epiroc AB  EPIRa.ST : RBC cuts target price to SEK 195 from SEK 205
     * Hipgnosis Songs Fund Ltd  SONG.L : JP Morgan resumes coverage with overweight rating
     * Horizonte Minerals Plc  HZM.L : Peel Hunt resumes coverage with buy rating, PT 32p
     * Ipsen SA  IPN.PA : Jefferies cuts target price to EUR 130 from EUR 137
     * Nexi SpA  NEXII.MI : JP Morgan cuts target price to EUR 8.8 from EUR 10.8
     * Redcare Pharmacy NV  RDC.DE : HSBC raises target price to EUR 90 from EUR 72
     * Sabadell  SABE.MC : HSBC raises target price to EUR 1.55 from EUR 1.45
     * Safran  SAF.PA : Berenberg raises target price to EUR 175 from EUR 160
     * Saipem SpA  SPMI.MI : Berenberg cuts target price to EUR 2.85 from EUR 2.9
     * Sandoz Group AG  SDZ.S : RBC initiates with outperform rating, target price CHF 33
     * Spectris  SXS.L : HSBC cuts target price to 4250p from 4330p
     * Stellantis NV  STLAM.MI : RBC raises target price to EUR 24 from EUR 22
     * STMicroelectronics NV  STMPA.PA : Morgan Stanley raises target to EUR 48 from EUR 45
     * STMicroelectronics NV  STMPA.PA : Morgan Stanley raises to overweight from equal-weight
     * Straumann Holding AG  STMN.S : JP Morgan cuts target price to CHF 139 from CHF 154
     * Teamviewer SE  TMV.DE : JP Morgan raises target price to EUR 14 from EUR 13
     * Vanquis Banking Group  VANQ.L : Peel Hunt cuts target price to 103p from 115p
     * Volkswagen AG  VOWG_p.DE : RBC cuts target price to EUR 140 from EUR 160
     * Whitbread  WTB.L : Berenberg raises target price to 4,200p from 4,000p
     * Yellow Cake Plc  YCA.L : Berenberg cuts target price to 657p from 658p
   

 (Compiled by Bengaluru Newsroom)
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