Europe Research Roundup: Bytes Technology, Marks and Spencer, Phoenix

Biomerieux SA

22/04/2024 07:43

April 22 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Bytes Technology, Marks and Spencer and Phoenix, on
Monday. 
        
  
        HIGHLIGHTS  
  
    
                 * Bytes Technology Group Plc  BYIT.L : HSBC raises to buy from hold 
 
                 * Marks and Spencer Group  MKS.L : Jefferies raises to buy from hold
 
                 * Phoenix  PHNX.L : Berenberg cuts target price to 650p from 739p
 
 
    Following is a summary of research actions on European companies reported by Reuters on
Monday. Stock entries are in alphabetical order.
    
                 * AB Foods  ABF.L : Jefferies raises target price to 2,500p from 2,160p
 
                 * B&M  BMEB.L : Jefferies raises to hold from underperform; raises PT to 525p from 380p
 
                 * Barclays  BARC.L : JP Morgan raises target price to 240p from 220p
 
                 * BAT  BATS.L : Jefferies raises target price to 3,300p from 3,200p
 
                 * Biomerieux  BIOX.PA : HSBC raises target price to EUR 120 from EUR 110
 
                 * Brenntag SE  BNRGn.DE : JP Morgan cuts target price to EUR 72.5 from EUR 74
 
                 * Bytes Technology Group Plc  BYIT.L : HSBC raises to buy from hold 
 
                 * Bytes Technology Group Plc  BYIT.L : HSBC cuts target price to 625p from 675p
 
                 * Computacenter  CCC.L : HSBC raises target price to 3525p from 3015p
 
                 * Deutsche Lufthansa AG  LHAG.DE : JP Morgan cuts target price to EUR 5.8 from EUR 6.9
 
                 * Diasorin  DIAS.MI : HSBC cuts target price to EUR 110 from EUR 115
 
                 * Eurofins Scientific  EUFI.PA : HSBC raises target price to EUR 70 from EUR 60
 
                 * Eurofins Scientific  EUFI.PA : HSBC raises to buy from hold
 
                 * Imperial Brands  IMB.L : Jefferies cuts target price to 1,710p from 1,810p
 
                 * Johnson Service Group  JSG.L : HSBC raises target price to 143p from 142p
 
                 * Lloyds  LLOY.L : JP Morgan raises target price to 50p from 45p
 
                 * Marks and Spencer Group  MKS.L : Jefferies raises to buy from hold
 
                 * Natwest Group Plc  NWG.L : JP Morgan raises target price to 330p from 290p
 
                 * Next Plc  NXT.L : Jefferies raises to buy from hold; raises PT to 10,300p from 6,800p
 
                 * Oxford Nanopore Technologies Plc  ONT.L : HSBC cuts target price to 170p from 280p
 
                 * Phoenix  PHNX.L : Berenberg cuts target price to 650p from 739p
 
                 * Roche Holding AG  ROG.S : HSBC cuts target price to CHF 280 from CHF 290
 
                 * Rolls Royce  RR.L : Jefferies raises target price to 530p from 470p
 
                 * Sainsbury  SBRY.L : Jefferies raises to buy from hold
 
                 * Softcat  SCTS.L : HSBC raises target price to 1960p from 1540p
 
                 * UBS Group AG  UBSG.S : HSBC cuts target price to CHF 30 from CHF 31
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))