Europe Research Roundup: Arkema, Fuller Smith & Turner, Siemens Energy

Biomerieux SA

09/05/2024 08:26

May 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Arkema, Fuller Smith & Turner and Siemens Energy, on Thursday. 
    
    HIGHLIGHTS  
                 * Arkema SA  AKE.PA : HSBC raises target price to EUR 117 from EUR 107
 
                 * Bytes Technology Group Plc  BYIT.L : Deutsche Bank initiates coverage with
 buy rating
 
                 * Fuller Smith & Turner Plc  FSTA.L : Deutsche Bank initiates coverage with
 buy rating
 
                 * Munich Re  MUVGn.DE : Berenberg raises target price to EUR 480 from EUR 465
 
                 * Siemens Energy AG  ENR1n.DE : HSBC raises target price to EUR 27 from EUR 17
 
      
Following is a summary of research actions on European companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.

                 * 888 Holdings  888.L : Deutsche Bank initiates coverage with hold rating and PT 90p
 
                 * A.S.R.  ASRNL.AS : Deutsche Bank raises target price to EUR 55 from EUR 50
 
                 * Accesso Technology Group Plc  ACSO.L : Deutsche Bank initiates coverage with buy
 rating
 
                 * Accesso Technology Group Plc  ACSO.L : Deutsche Bank initiates coverage with PT
 1000p
 
                 * Amadeus  AMA.MC : Deutsche Bank raises target price to EUR 62 from EUR 58
 
                 * Anheuser Busch Inbev SA  ABI.BR : Barclays cuts target price to EUR 61 from EUR 63
 
                 * ArcelorMittal  MT.AS : Goldman Sachs starts coverage with neutral rating
 
                 * ArcelorMittal SA  MT.AS : Goldman Sachs initiates with neutral rating; PT EUR 26.6
 
                 * Arkema SA  AKE.PA : HSBC raises target price to EUR 117 from EUR 107
 
                 * Barclays  BARC.L : Deutsche Bank initiates coverage with buy rating and target
 price 270p
 
                 * Bechtle AG  BC8G.DE : Barclays cuts target price to EUR 38 from EUR 40
 
                 * Bechtle AG  BC8G.DE : Berenberg cuts target price to EUR 55 from EUR 57
 
                 * Biomerieux SA  BIOX.PA : Barclays initiates with overweight rating; price target
 EUR 120
 
                 * BP  BP.L : Jefferies raises target price to 580p from 570p
 
                 * Bytes Technology Group Plc  BYIT.L : Deutsche Bank initiates coverage with buy
 rating
 
                 * Bytes Technology Group Plc  BYIT.L : Deutsche Bank initiates coverage with PT 585p
 
                 * Cerillion  CER.L : Deutsche Bank initiates coverage with hold rating and PT 1440p
 
                 * Chesnara Plc  CSN.L : RBC cuts target price to 320p from 335p
 
                 * Continental AG  CONG.DE : Deutsche Bank cuts target price to EUR 70 from EUR 80
 
                 * Credito Emiliano SpA  EMBI.MI : Barclays raises target price to EUR 10.6 from EUR
 10.1
 
                 * Dalata  DHG.I : Deutsche Bank initiates coverage with buy rating and PT EUR 6.2
 
                 * Danske Bank  DANSKE.CO : Citigroup cuts target price to DKK 245 from DKK 262
 
                 * Darktrace Plc  DARK.L : Deutsche Bank initiates coverage with hold rating and PT
 620p
 
                 * DHL Group  DHLn.DE : Morgan Stanley raises target price to EUR 47 from EUR 46
 
                 * Diasorin SpA  DIAS.MI : Barclays initiates coverage with equal weight rating; PT
 EUR 95
 
                 * DNB Bank ASA  DNB.OL : Citigroup cuts target price to NOK 191 from NOK 207
 
                 * Domino's Pizza Group  DOM.L : Deutsche Bank initiates coverage with buy rating and
 PT 480p
 
                 * Dotdigital  DOTD.L : Deutsche Bank initiates coverage with buy rating and PT 115p
 
                 * EMS Chemie Holding AG  EMSN.S : Berenberg raises target price to CHF 657 from CHF
 637
 
                 * Evonik Industries AG  EVKn.DE : Berenberg raises target price to EUR 22 from EUR
 20
 
                 * FDM Group Holdings Plc  FDM.L : Deutsche Bank initiates coverage with hold rating 
 
                 * FDM Group Holdings Plc  FDM.L : Deutsche Bank initiates coverage with target price
 365p
 
                 * Fluidra  FLUI.MC : Barclays cuts target price to EUR 23 from EUR 23.3
 
                 * Frontier Developments Plc  FDEV.L : Deutsche Bank initiates coverage with PT 200p
 
                 * Frontier Developments Plc  FDEV.L : Deutsche Bank initiates coverage with sell
 rating 
 
                 * Fuller Smith & Turner Plc  FSTA.L : Deutsche Bank initiates coverage with buy
 rating
 
                 * Fuller Smith & Turner Plc  FSTA.L : Deutsche Bank initiates coverage with PT 1250p
 
                 * Galp  GALP.LS : Jefferies raises target price to EUR 28 from EUR 18
 
                 * Galp  GALP.LS : Jefferies raises target price to EUR 28 from EUR 18
 
                 * GB Group Plc  GBGP.L : Deutsche Bank initiates coverage with buy rating and PT
 550p
 
                 * Generali  GASI.MI : Barclays raises target price to EUR 21 from EUR 20.5
 
                 * Greggs Plc  GRG.L : Deutsche Bank initiates coverage with hold rating and PT 2600p
 
                 * Gym Group Plc  GYM.L : Deutsche Bank initiates coverage with buy rating and PT
 170p
 
                 * Handelsbanken  SHBa.ST : Citigroup cuts target price to SEK 100 from SEK 105
 
                 * Helios Towers  HTWS.L : Berenberg raises target price to 185p from 170p
 
                 * Henkel  HNKG_p.DE : Deutsche Bank raises target price to EUR 75 from EUR 70
 
                 * Henkel AG & Co KGaA  HNKG.DE : Jefferies raises target price to EUR 91 from EUR 86
 
                 * Henkel AG & Co KGaA  HNKG_p.DE : Barclays raises target price to EUR 78 from EUR
 76
 
                 * Henkel AG & Co KGaA  HNKG_p.DE : Berenberg raises target price to EUR 86 from EUR
 78
 
                 * Henkel AG & Co KGaA  HNKG_p.DE : HSBC raises target price to EUR 94 from EUR 87
 
                 * Hiscox  HSX.L : Peel Hunt raises target price to 1,445p from 1,340p
 
                 * Hollywood Bowl Group Plc  BOWL.L : Deutsche Bank initiates coverage with buy
 rating
 
                 * Hollywood Bowl Group Plc  BOWL.L : Deutsche Bank initiates coverage with PT 384p
 
                 * Hostelworld Group  HSW.L : Deutsche Bank initiates coverage with buy rating and PT
 215p
 
                 * HSBC  HSBA.L : RBC raises target price to 750p from 725p
 
                 * IHG  IHG.L : Citigroup raises target price to 6300p from 6100p
 
                 * Infineon Technologies AG  IFXGN.DE : HSBC cuts target price to EUR 50 from EUR 53
 
                 * Infineon Technologies AG  IFXGn.DE : Morgan Stanley raises PT to EUR 45 from EUR
 40
 
                 * Informa  INF.L : Barclays raises target price to 975p from 950p
 
                 * Informa  INF.L : Morgan Stanley raises target price to 870p from 850p
 
                 * Intesa Sanpaolo SpA  ISP.MI : Morgan Stanley raises target price to EUR 4.2 from
 EUR 4.1
 
                 * JD Wetherspoon  JDW.L : Deutsche Bank initiates coverage with hold rating and PT
 750p
 
                 * Jet2 Plc  JET2.L : Deutsche Bank initiates coverage with buy rating and PT 2240p
 
                 * Kainos Group Plc  KNOS.L : Deutsche Bank initiates coverage with hold rating and
 PT 1050p
 
                 * Keywords Studios  KWS.L : Deutsche Bank initiates coverage with buy rating and PT
 2470p
 
                 * Knorr Bremse AG  KBX.DE : Citigroup raises target price to EUR 83 from EUR 79
 
                 * Lanxess AG  LXSG.DE : HSBC raises target price to EUR 29 from EUR 26
 
                 * Lloyds Banking Group  LLOY.L : Deutsche Bank initiates coverage with buy rating
 and PT 61p
 
                 * Metro AG  B4B.DE : Barclays cuts target price to EUR 5.2 from EUR 6.3
 
                 * Millicom  TIGOsdb.ST : Barclays raises target price to SEK 275 from SEK 235
 
                 * Mitchells & Butlers  MAB.L : Deutsche Bank initiates coverage with buy rating and
 PT 320p
 
                 * Molten Ventures  GROW.L : Deutsche Bank initiates coverage with buy rating and PT
 661p
 
                 * Montea NV  MONTE.BR : Berenberg raises target price to EUR 95 from EUR 85
 
                 * Munich Re  MUVGn.DE : Berenberg raises target price to EUR 480 from EUR 465
 
                 * Munich Re  MUVGn.DE : Citigroup raises target price to EUR 475 from EUR 448.20
 
                 * Munich Re  MUVGn.DE : Morgan Stanley raises target price to EUR 501 from EUR 493
 
                 * Munich Re  MUVGn.DE : RBC raises target price to EUR 487 from EUR 464
 
                 * Natwest Group Plc  NWG.L : Barclays raises target price to 400p from 330p
 
                 * Natwest Group Plc  NWG.L : Deutsche Bank initiates coverage with buy rating and PT
 345p
 
                 * NCC Group Plc  NCCG.L : Deutsche Bank initiates coverage with hold rating and PT
 135p
 
                 * NKT A/S  NKT.CO : Barclays cuts target price to DKK 484 from DKK 507
 
                 * Nordea Bank Abp  NDAFI.HE : Citigroup raises target price to EUR 15.10 from EUR
 13.70
 
                 * Ocado  OCDO.L : Deutsche Bank initiates coverage with buy rating and target price
 660p
 
                 * Oersted A/S  ORSTED.CO : HSBC raises target price to DKK 455 from DKK 445
 
                 * On the Beach Group  OTB.L : Deutsche Bank initiates coverage with buy rating and
 PT 250p
 
                 * OSB Group Plc  OSBO.L : Deutsche Bank initiates coverage with buy rating and PT
 510p
 
                 * Oxford Metrics Plc  OMG1.L : Deutsche Bank initiates coverage with buy rating and
 PT 140p
 
                 * Paragon Banking  PAGPA.L : Deutsche Bank initiates coverage with hold rating and
 PT 640p
 
                 * Playtech  PTEC.L : Deutsche Bank initiates coverage with buy rating and PT 825p
 
                 * Puma SE  PUMG.DE : Deutsche Bank raises target price to EUR 67 from EUR 63
 
                 * Puma SE  PUMG.DE : Jefferies raises target price to EUR 47 from EUR 40
 
                 * Puma SE  PUMG.DE : Morgan Stanley raises target price to EUR 48 from EUR 45
 
                 * Puma SE  PUMG.DE : TD Cowen raises target price to EUR 53 from EUR 45
 
                 * Rank Group Plc  RNK.L : Deutsche Bank initiates coverage with buy rating and PT
 110p
 
                 * S4 Capital  SFOR.L : HSBC raises target price to 91p from 82p
 
                 * Saint-Gobain  SGOB.PA : HSBC raises target price to EUR 100 from EUR 94
 
                 * Schroders  SDR.L : Morgan Stanley cuts target price to 415p from 442p
 
                 * SEB AB  SEBa.ST : Citigroup raises target price to SEK 155 from SEK 146
 
                 * Siemens Energy AG  ENR1n.DE : Citigroup raises target price to EUR 25 from EUR
 17.50
 
                 * Siemens Energy AG  ENR1n.DE : HSBC raises target price to EUR 27 from EUR 17
 
                 * Siemens Energy AG  ENR1n.DE : Morgan Stanley raises target price to EUR 27.5 from
 EUR 23
 
                 * Sma Solar  S92G.DE : TD Cowen cuts target price to EUR 50 from EUR 60
 
                 * Softcat Plc  SCTS.L : Deutsche Bank initiates coverage with hold rating and PT
 1700p
 
                 * SSP Group  SSPG.L : Deutsche Bank initiates coverage with buy rating and PT 305p
 
                 * Stroeer  SAXG.DE : Barclays raises target price to EUR 64 from EUR 60
 
                 * Stroeer  SAXG.DE : HSBC raises target price to EUR 72 from EUR 65
 
                 * Swedbank  SWEDa.ST : Citigroup raises target price to SEK 251 from SEK 249
 
                 * Team17 Group Plc  TM17.L : Deutsche Bank initiates coverage with buy rating and PT
 325p
 
                 * Unicredit  CRDI.MI : Berenberg raises target price to EUR 44 from EUR 38
 
                 * Unicredit  CRDI.MI : Morgan Stanley raises target price to EUR 40 from EUR 37.7
 
                 * Unicredit SpA  CRDI.MI : Deutsche Bank raises target price to EUR 40.4 from EUR
 35.4
 
                 * Vanquis Banking Group Plc  VANQ.L : Deutsche Bank initiates coverage with buy
 rating 
 
                 * Vanquis Banking Group Plc  VANQ.L : Deutsche Bank initiates coverage with PT 88p
 
                 * Verallia SA  VRLA.PA : Citigroup cuts target price to EUR 49.50 from EUR 50
 
                 * Vestas  VWS.CO : Berenberg cuts target price to DKK 215 from DKK 225
 
                 * Vidrala  VID.MC : Citigroup raises target price to EUR 105 from EUR 96.50
 
                 * WAG Payment Solutions Plc  WPS.L : Deutsche Bank initiates coverage with buy
 rating 
 
                 * WAG Payment Solutions Plc  WPS.L : Deutsche Bank initiates coverage with PT 115p
 
                 * WH Smith  SMWH.L : Deutsche Bank initiates coverage with hold rating and PT 1310p
 
                 * Whitbread  WTB.L : Barclays cuts target price to 3850p from 4250p
 
                 * Whitbread  WTB.L : Deutsche Bank initiates coverage with buy rating and PT 4150p
 
 


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