Europe Research Roundup: Creditaccess Grameen, Generali, Legal & General

Bloomsbury Publishing

27/01/2025 07:09

Jan 27 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies including Creditaccess Grameen, Generali, and Legal & General, on
Monday.
     
    HIGHLIGHTS  
     
                 * Creditaccess Grameen  CRDE.NS : HSBC cuts target price to 810 rupees from 1070 rupees -
 
                 * Energean Plc  ENOG.L : Berenberg cuts target price to 940p from 1045p -
 
                 * Generali  GASI.MI : HSBC cuts to hold from buy -
 
                 * Legal & General  LGEN.L : HSBC raises to buy from hold -
 
                 * LVMH  LVMH.PA : Morgan Stanley raises to overweight vs equal weight -
 
      
    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 : Citigroup cuts target price to 1730p from 1770p -
 
                 * Arcelik  ARCLK.IS : HSBC cuts target price to TRY 150 from TRY 170 -
 
                 * Asmi  ASMI.AS : Morgan Stanley raises target price to EUR 700 from EUR 650 -
 
                 * Aviva  AV.L : HSBC raises target price to 565p from 555p -
 
                 * Besi  BESI.AS : Morgan Stanley raises target price to EUR 160 from EUR 150 -
 
                 * Burberry  BRBY.L : JP Morgan raises target price to 775p from 650p -
 
                 * Creditaccess Grameen  CRDE.NS : HSBC cuts target price to 810 rupees from 1070 rupees -
 
                 * Daimler Truck Holding AG  DTGGe.DE : Citigroup raises PT to EUR 48 from EUR 44 -
 
                 * Energean Plc  ENOG.L : Berenberg cuts target price to 940p from 1045p -
 
                 * EQT  EQTAB.ST : JP Morgan raises target price to SEK 425 from SEK 394 -
 
                 * Ericsson  ERICb.ST : Citigroup raises target price to SEK 90 from SEK 84 -
 
                 * Evolution  EVOG.ST : Citigroup raises target price to SEK 1585 from SEK 1570 -
 
                 * Generali  GASI.MI : HSBC cuts to hold from buy -
 
                 * Generali  GASI.MI : HSBC raises target price to EUR 30.5 from EUR 30 -
 
                 * Givaudan SA  GIVN.S : JP Morgan raises to overweight from neutral; ups PT to CHF 4,400 from CHF 4,200 -
 
                 * Legal & General  LGEN.L : HSBC raises target price to 265p from 250p -
 
                 * Legal & General  LGEN.L : HSBC raises to buy from hold -
 
                 * Legrand  LEGD.PA : Jefferies cuts to underperform from hold; cuts PT to EUR 86 from EUR 103 -
 
                 * LVMH  LVMH.PA : Morgan Stanley raises target price to EUR 820 from EUR 630 -
 
                 * LVMH  LVMH.PA : Morgan Stanley raises to overweight from equal weight -
 
                 * LVMH  LVMH.PA : Morgan Stanley raises to overweight vs equal weight -
 
                 * Mondi  MNDI.L : Citigroup cuts target price to 1600p from 1650p -
 
                 * National Bank of Greece  NBGR.AT : HSBC cuts to hold from buy -
 
                 * National Bank of Greece  NBGR.AT : HSBC raises target price to EUR 9.9 from EUR 9.1 -
 
                 * Nemetschek SE  NEKG.DE : Goldman Sachs raises target price to EUR 135 from EUR 105 -
 
                 * Nemetschek SE  NEKG.DE : Goldman Sachs raises to buy from neutral -
 
                 * Phoenix  PHNX.L : HSBC raises target price to 655p from 650p -
 
                 * Saga Plc  SAGA.L : Peel Hunt cuts target price to 120p from 130p -
 
                 * Sage Group Plc  SGE.L : HSBC raises target price to 1490p from 1465p -
 
                 * Vesuvius Plc  VSVS.L : JP Morgan cuts target price to 435p from 445p -
 
                 * Zurich Insurance Group  ZURN.S : HSBC raises target price to CHF 560 from CHF 556 -
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))