Europe Research Roundup: Adecco, Bodycote, LVMH
23/10/2024 11:18
Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Adecco, Bodycote and LVMH, on Wednesday.
HIGHLIGHTS
* Adecco ADEN.S : Deutsche Bank raises to buy from hold
* Bodycote Plc BOY.L : JP Morgan cuts target price to 670p from 750p
* DNB Bank ASA DNB.OL : JP Morgan raises target price to NOK 230 from NOK
220
* Fabege AB FABG.ST : Kepler Cheuvreux raises to buy from hold
* LVMH LVMH.PA : HSBC cuts target price to EUR 700 from EUR 750
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. See bottom of the table for sector changes.
* Adecco ADEN.S : Deutsche Bank raises to buy from hold
* Adidas ADSGN.DE : HSBC cuts target price to EUR 260 from EUR 300
* Adidas ADSGN.DE : HSBC cuts to hold from buy
* Adyen ADYEN.AS : Deutsche Bank raises target price to EUR 1800 from EUR 1730
* ASML Holding NV ASML.AS : Barclays cuts target price to EUR 900 from EUR 1100
* Autostore Holdings Ltd AUTO.OL : Jefferies cuts target price to NOK 11 from NOK 17
* Bankinter SA BKT.MC : Citigroup cuts target price to EUR 8.8 from EUR 8.9
* Bankinter SA BKT.MC : Jefferies raises target price to EUR 7.5 from EUR 7.4
* Barclays BARC.L : Deutsche Bank raises target price to 320p from 280p
* Beazley BEZG.L : Barclays raises target price to 950p from 930p
* Bodycote Plc BOY.L : JP Morgan cuts target price to 670p from 750p
* Boliden BOL.ST : Barclays cuts target price to SEK 285 from SEK 300
* Boliden BOL.ST : UBS cuts to sell from neutral
* Boliden AB BOL.ST : JP Morgan cuts target price to SEK 295 from SEK 300
* Bureau Veritas BVI.PA : Jefferies raises target price to EUR 35 from EUR 30
* Caixabank CABK.MC : Citigroup cuts target price to EUR 6.8 from EUR 7.1
* Comet Holding AG COTNE.S : Berenberg initiates coverage with buy rating; PT CHF 400
* Crest Nicholson Holdings Plc CRST.L : Berenberg cuts target price to 215p from 280p
* DNB DNB.OL : UBS raises target price to NOK 207 from NOK 197
* DNB Bank ASA DNB.OL : Jefferies raises target price to NOK 225 from NOK 213
* DNB Bank ASA DNB.OL : JP Morgan raises target price to NOK 230 from NOK 220
* DR ING HC F Porsche AG P911_p.DE : Citigroup raises target price to EUR 85 from EUR
75
* DR ING HC F Porsche AG P911_p.DE : Citigroup raises to buy from neutral
* EQT AB Group EQTAB.ST : UBS cuts target price to SEK 285 from SEK 300
* Fabege AB FABG.ST : Kepler Cheuvreux cuts target price to SEK 97 from SEK 106
* Fabege AB FABG.ST : Kepler Cheuvreux raises to buy from hold
* Ferrovial FER.MC : Stifel cuts target price to EUR 35 from EUR 36.5
* Finecobank FBK.MI : JP Morgan raises target price to EUR 17.2 from EUR 16.4
* FMC AG FMEG.DE : Citigroup raises target price to EUR 41 from EUR 40
* Forterra Plc FORT.L : Jefferies raises target price to 235p from 194.5p
* Forterra Plc FORT.L : Jefferies raises to buy from hold
* Freelance.Com SA ALFRE.PA : Stifel raises to buy from hold
* Greencore GNC.L : Davy Research raises target price to 250p
* Hannover Re HNRGn.DE : Barclays raises target price to EUR 206 from EUR 205
* HSBC Holdings HSBA.L : Deutsche Bank raises target price to 830p from 825p
* Hunting Plc HTG.L : Berenberg cuts target price to 460p from 520p
* Ibstock IBST.L : Jefferies raises target price to 251p from 200p
* Ibstock IBST.L : Jefferies raises to buy from hold
* ID Logistics SAS : Portzamparc raises target price to EUR 450 from EUR 432; rating
buy
* Ihg IHG.L : Citigroup raises target price to 6500p from 6300p
* Intercontinental Hotels Group IHG.L : Morgan Stanley raises PT to 8700p from 8000p
* Intertek ITRK.L : Jefferies raises target price to 5800p from 5300p
* Italgas IG.MI : Kepler Cheuvreux cuts to hold from buy
* Italgas IG.MI : Kepler Cheuvreux raises target price to EUR 6 from EUR 5.7
* Italy'S Prysmian PRY.MI : HSBC raises target price to EUR 75 from EUR 70
* Lancashire Holdings Limited LRE.L : Morgan Stanley cuts target price to 744p from
753p
* Lisi SA : Midcap Partners starts with 'hold' and target price of EUR 25
* Lloyds Banking Group LLOY.L : Deutsche Bank raises target price to 83p from 64p
* L'Oreal OREP.PA : Barclays cuts target price to EUR 442 from EUR 479
* L'Oreal OREP.PA : Citigroup cuts target price to EUR 400 from EUR 420
* L'Oreal OREP.PA : Deutsche Bank cuts target price to EUR 335 from EUR 350
* L'Oreal OREP.PA : UBS cuts target price to EUR 409 from EUR 415
* LVMH LVMH.PA : HSBC cuts target price to EUR 700 from EUR 750
* Man Group Plc EMG.L : UBS cuts target price to 225p from 290p
* Man Group Plc EMG.L : UBS cuts to neutral from buy
* Mensch Und Maschine Software SE MUMG.DE : Berenberg cuts PT to EUR 68 from EUR 69.5
* Morgan Sindall Plc MGNS.L : Deutsche Bank raises target price to 3600p from 3200p
* Munich Re MUVGn.DE : Barclays raises target price to EUR 523 from EUR 520
* Munters Group AB MTRS.ST : Kepler Cheuvreux cuts target price to SEK 210 from SEK 240
* Munters Group AB MTRS.ST : Kepler Cheuvreux raises to buy from hold
* Natwest Group Plc NWG.L : Deutsche Bank raises target price to 460p from 350p
* Nokia Oyj NOKIA.HE : Citigroup raises target price to EUR 3.3 from EUR 2.9
* Randstad NV RAND.AS : Morgan Stanley cuts target price to EUR 44 from EUR 45.5
* Raute Oyj RAUTE.HE : Evli Research raises target price to EUR 16 from EUR 15
* Sabre SBRE.L : Deutsche Bank cuts target price to 196p from 205p
* Sabre Insurance Group Plc SBRE.L : Barclays cuts target price to 180p from 190p
* Sabre Insurance Group Plc SBRE.L : RBC cuts target price to 180p from 200p
* Sandvik SAND.ST : Deutsche Bank cuts target price to SEK 225 from SEK 238
* Sandvik SAND.ST : UBS cuts target price to SEK 200 from SEK 230
* Sandvik SAND.ST : UBS cuts to sell from neutral
* Sandvik AB SAND.ST : UBS cuts to sell from neutral
* Sap SE SAPG.DE : Barclays raises target price to EUR 250 from EUR 230
* Sap SE SAPG.DE : Berenberg raises target price to EUR 242 from EUR 220
* Sap SE SAPG.DE : Citigroup raises target price to EUR 260 from EUR 240
* Sap SE SAPG.DE : JP Morgan raises target price to EUR 260 from EUR 220
* SGS SA SGSN.S : Jefferies raises target price to CHF 95 from CHF 85
* Standard Chartered STAN.L : Deutsche Bank raises target price to 970p from 825p
* Swiss Re AG SRENH.S : Barclays raises target price to CHF 112 from CHF 110
* Tecan Group AG TECN.S : Morgan Stanley cuts target price to CHF 259 from CHF 300
* Telenor ASA TEL.OL : Berenberg raises target price to NOK 155 from NOK 145
* Tikehau Capital Sc TKOO.PA : Citigroup cuts target price to EUR 26.7 from EUR 27
* Tristel Plc TSTL.L : Deutsche Bank cuts target price to 440p from 500p
* Unicaja UNI.MC : Citigroup cuts target price to EUR 1.13 from EUR 1.21
* Var Energi ASA VAR.OL : Morgan Stanley raises target price to NOK 44 from NOK 41.8
* Vivendi VIV.PA : UBS raises target price to EUR 13.1 from EUR 12.7
* Worldline WLN.PA : Deutsche Bank cuts target price to EUR 7 from EUR 10
* YouGov Plc YOU.L : HSBC cuts target price to 420p from 495p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))