Europe Research Roundup: Adidas, Meggitt, Siemens
06/08/2021 08:03
Aug 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adidas, Meggitt and Siemens, on Friday.
HIGHLIGHTS
* Adidas AG ADSGn.DE : RBC raises target price to EUR 340 from EUR 330
* Bankinter SA BKT.MC : Morgan Stanley raises to equal-weight from underweight
* Cairn Energy Plc CNE.L : Berenberg raises to buy from hold
* Meggitt MGGT.L : Bernstein cuts to market-perform from outperform
* Siemens AG SIEGn.DE : RBC raises target price to EUR 160 from EUR 154
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* 1&1 AG 1U1.DE : Citigroup raises price target to EUR 28.3 from EUR 27.1
* Adidas AG ADSGn.DE : Bryan Garnier raises price target to EUR 340 from EUR 330
* Adidas AG ADSGn.DE : Cowen and Company cuts target price to EUR 355 from EUR 385
* Adidas AG ADSGn.DE : RBC raises target price to EUR 340 from EUR 330
* Adidas AG ADSGn.DE : RBC raises target price to EUR 340 from EUR 330
* Aktia Bank Abp AKTIA.HE : Inderes raises target price to EUR 14 from EUR 13; rating buy
* Alfa Laval AB ALFA.ST : Citigroup raises price target to SEK 425 from SEK 385
* Ashmore ASHM.L : Credit Suisse cuts target price to 380p from 400p
* Bankinter SA BKT.MC : Morgan Stanley raises target price to EUR 5 from EUR 4.5
* Bankinter SA BKT.MC : Morgan Stanley raises to equal-weight from underweight
* Bayer AG BAYGn.DE : Barclays cuts target price to EUR 50 from EUR 55
* Bayer AG BAYGn.DE : Berenberg cuts target price to EUR 60 from EUR 74
* Bayer AG BAYGn.DE : Credit Suisse cuts target price to EUR 55 from EUR 60
* Beiersdorf AG BEIG.DE : Jefferies raises target price to EUR 125 from EUR 120
* Boreo BOREO.HE : Inderes raises target price to EUR 74 from EUR 51; rating accumulate
* BP BP.L : HSBC raises target price to 340p from 315p
* BP BP.L : Morgan Stanley raises target price to 342p from 305p
* BP BP.L : Morgan Stanley raises to equal-weight from underweight
* BPER EMII.MI : Citigroup raises to buy from neutral
* Bunzl BNZL.L : Davy Research cuts to neutral from outperform
* Buzzi Unicem BZU.MI : Barclays raises target price to EUR 26 from EUR 25
* Cairn Energy Plc CNE.L : Berenberg raises to buy from hold
* Cairn Energy Plc CNE.L : Berenberg raises target price to 235p from 170p
* Caixabank CABK.MC : Morgan Stanley cuts target price to EUR 3.25 from EUR 3.4
* CapMan CAPMAN.HE : Inderes raises target price to EUR 3.3 from EUR 3.0; rating accumulate
* Capman Oyj CAPMAN.HE : Evli raises price target to EUR 3.4 from EUR 3.1
* Carnival CCL.L : Citigroup raises price target to 2450p from 2200p
* Caverion CAV1V.HE : Inderes raises target price to EUR 8.40 from EUR 7.00; accumulate
* Comet Holding AG COTNE.S : Credit Suisse raises target price to CHF 355 from CHF 265
* Compass CPG.L : Morgan Stanley raises target price to 1,750p from 1,550p
* Compass CPG.L : Morgan Stanley raises to overweight from equal-weight
* Compugroup Medical SE & Co KGaA COP1n.DE : Berenberg raises PT to EUR 88 from EUR 85
* Continental AG CONG.DE : Berenberg raises target price to EUR 124 from EUR 118
* Credit Agricole CAGR.PA : Barclays raises target price to EUR 15.5 from EUR 14.8
* Credit Agricole CAGR.PA : Berenberg raises price target to EUR 12 from EUR 11.3
* Croda CRDA.L : Deutsche Bank raises target price to 8500p from 7600p
* Dermapharm Holding SE DMPG.DE : Berenberg raises PT to EUR 82.50 from EUR 80
* Deutsche Lufthansa AG LHAG.DE : HSBC cuts target price to EUR 8 from EUR 8.5
* Deutsche Post AG DPWGn.DE : Barclays raises target price to EUR 72 from EUR 69
* Deutsche Post AG DPWGn.DE : Berenberg raises target price to EUR 65 from EUR 63
* Direct Line Insurance DLGD.L : Deutsche Bank cuts target price to 340p from 350p
* Direct Line Insurance DLGD.L : Deutsche Bank cuts to hold from buy
* Drax Group Plc DRX.L : Citigroup cuts price target to 495p from 505p
* Duerr AG DUEG.DE : Deutsche Bank raises target price to EUR 32 from EUR 30
* Elis SA ELIS.PA : Deutsche Bank raises target price to EUR 19.4 from EUR 18.81
* Embracer Group AB EMBRACb.ST : Barclays cuts target price to SEK 215 from SEK 255
* ENI ENI.MI : HSBC raises target price to EUR 11.4 from EUR 10.9
* Equinor ASA EQNR.OL : HSBC raises target price to NOK 174 from NOK 171
* Eurofins Scientific SE EUFI.PA : Barclays raises target price to EUR 125 from EUR 90
* Eurofins Scientific SE EUFI.PA : Credit Suisse raises target to EUR 117 from EUR 95
* Euronext NV ENX.PA : Credit Suisse raises target price to EUR 117 from EUR 112
* Focus Home Interactive SA : Portzamparc raises to "Accumulate" from "hold"
* Focus Home Interactive SA : Portzamparc raises target price EUR 52.7
* Galp Energia SA GALP.LS : Morgan Stanley cuts target price to EUR 10.1 from EUR 10.5
* GBL GBLB.BR : Citigroup cuts to neutral from buy
* GBL GBLB.BR : Citigroup raises price target to EUR 109.4 from EUR 109
* Glaston Oyj Abp GLA1V.HE : Inderes raises PT to EUR 1.15 from EUR 1.10; accumulate
* Hannover Rueck SE HNRGn.DE : Credit Suisse raises target price to EUR 174 from EUR 171
* Hellenic Telecommunications Organization SA OTEr.AT : JP Morgan ups PT to EUR 18.70 from EUR
15.70
* Hexaom SA HEXAO.PA : Midcap Partners raises target to EUR 58 from EUR 52; rating buy
* Ibstock IBST.L : Jefferies raises target price to 242p from 239p
* IG Group IGG.L : RBC raises price target to 1075p from 1025p
* IG Group IGG.L : RBC raises target price to 1075p from 1025p
* IMCD NV IMCD.AS : JP Morgan raises target price to EUR 148 from EUR 130
* Indra IDR.MC : Goldman Sachs raises to neutral from sell, raises target to EUR 9.5
* ING Groep NV INGA.AS : KBC Securities raises PT to EUR 11.8 from EUR 11.0; rating buy
* Interpump Group SpA ITPG.MI : Berenberg raises target price to EUR 63 from EUR 62
* Intesa Sanpaolo SpA ISP.MI : Morgan Stanley raises target price to EUR 2.7 from EUR 2.6
* Jadestone Energy Plc JSE.L : Panmure raises target price to 139p from 128p
* JDE Peet'S JDEP.AS : Deutsche Bank cuts target price to EUR 37 from EUR 38
* Jenoptik AG JENGn.DE : Berenberg initiates coverage with buy rating; target price EUR 37
* KBC Groep NV KBC.BR : Credit Suisse raises target price to EUR 70 from EUR 67
* KBC Groep NV KBC.BR : JP Morgan raises target price to EUR 79 from EUR 72
* KBC Groep NV KBC.BR : RBC raises target price to EUR 73 from EUR 70
* Kion Group AG KGX.DE : Deutsche Bank raises target price to EUR 95 from EUR 90
* Legal & General Group Plc LGEN.L : HSBC raises target price to 345p from 340p
* Legrand LEGD.PA : RBC raises target price to EUR 88 from EUR 82
* LSL Property Services Plc LSL.L : Peel Hunt raises to buy from add
* LSL Property Services Plc LSL.L : Peel Hunt raises target price to 525p from 440p
* Meggitt MGGT.L : Bernstein cuts to market-perform from outperform
* Meggitt MGGT.L : Bernstein raises target price to 800p from 540p
* Merck KGaA MRCG.DE : Credit Suisse raises target price to EUR 200 from EUR 165
* Merck KGaA MRCG.DE : Deutsche Bank raises target price to EUR 220 from EUR 155
* Merck KGaA MRCG.DE : JP Morgan raises target price to EUR 220 from EUR 165
* Mondi MNDI.L : Credit Suisse raises target price to 2,500p from 2,260p
* Morphosys AG MORG.DE : Deutsche Bank cuts target price to EUR 46 from EUR 116
* Morphosys AG MORG.DE : Deutsche Bank cuts to hold from buy
* MTU Aero Engines AG MTXGn.DE : Deutsche Bank raises target to EUR 244 from EUR 220
* National Express NEX.L : Liberum cuts price target to 310p from 340p
* Natwest Group Plc NWG.L : RBC raises target price to 250p from 240p
* Neinor Homes SA HOME.MC : Credit Suisse raises target price to EUR 13.40 from EUR 11.40
* Novo Nordisk NOVOb.CO : Deutsche Bank raises target price to DKK 700 from DKK 575
* Novo Nordisk NOVOb.CO : HSBC raises target price to DKK 475 from DKK 343
* Novo Nordisk NOVOb.CO : Jefferies raises target price to DKK 415 from DKK 375
* Outokumpu Oyj OUT1V.HE : Deutsche Bank raises target price to EUR 6.3 from EUR 6.1
* Outokumpu Oyj OUT1V.HE : Inderes cuts to reduce from accumulate
* Outokumpu Oyj OUT1V.HE : Inderes cuts target price to EUR 5.5 from EUR 6.00
* Outokumpu Oyj OUT1V.HE : Jefferies raises target price to EUR 4.80 from EUR 4.50
* Outokumpu Oyj OUT1V.HE : JP Morgan raises target price to EUR 7.5 from EUR 6.9
* Pagegroup PAGE.L : Morgan Stanley raises target price to 565p from 545p
* Pharming Group NV PHAR.AS : Stifel cuts target price to EUR 1.6 from EUR 1.75
* Pirelli & C SpA PIRC.MI : Deutsche Bank raises target price to EUR 5.5 from EUR 5
* Poste Italiane PST.MI : JP Morgan raises target price to EUR 15.50 from EUR 14.50
* Prosiebensat 1 Media SE PSMGn.DE : Barclays raises target price to EUR 19 from EUR 18.5
* Prosiebensat 1 Media SE PSMGn.DE : Credit Suisse raises PT to EUR 11.20 from EUR 10.60
* Rational AG RAAG.DE : HSBC raises target price to EUR 640 from EUR 637
* Repsol REP.MC : HSBC raises target price to EUR 10.1 from EUR 9.7
* Revenio Group Oyj REG1V.HE : Inderes cuts to reduce from accumulate; target EUR 65
* Robert Walters Plc RWA.L : HSBC raises target price to 895p from 820p
* Rolls Royce RR.L : Vertical Research raises target price to 130p from 120p
* Rotork Plc ROR.L : Berenberg cuts target price to 425p from 430p
* Sabadell SABE.MC : Morgan Stanley raises target price to EUR 0.67 from EUR 0.65
* Saga Plc SAGA.L : Credit Suisse cuts target price to 434p from 465p
* Sanofi SASY.PA : Morgan Stanley raises target price to EUR 106 from EUR 104
* Santander SAN.MC : Berenberg raises target price to EUR 3.05 from EUR 1.60
* Senior Plc SNR.L : Barclays raises target price to 177p from 172p
* Senior Plc SNR.L : Berenberg raises price target to 180p from 170p
* Shell RDSb.L : HSBC raises target price to 1615p from 1500p
* Shop Apotheke Europe NV SAEG.DE : Citigroup cuts price target to EUR 210 from EUR 220
* Shop Apotheke Europe NV SAEG.DE : Deutsche Bank cuts target to EUR 180 from EUR 200
* Siemens AG SIEGn.DE : Credit Suisse raises target price to EUR 171 from EUR 167
* Siemens AG SIEGn.DE : Deutsche Bank raises target price to EUR 175 from EUR 163
* Siemens AG SIEGn.DE : RBC raises target price to EUR 160 from EUR 154
* Siemens Energy AG ENR1n.DE : Berenberg cuts target price to EUR 34 from EUR 36.4
* Sodexo EXHO.PA : Morgan Stanley cuts to equal-weight from overweight
* Stellantis NV STLA.MI : Deutsche Bank raises target price to EUR 30 from EUR 20
* Swisscom AG SCMN.S : Credit Suisse raises target price to CHF 484 from CHF 465
* Symrise AG SY1G.DE : Deutsche Bank raises target price to EUR 135 from EUR 124
* Symrise AG SY1G.DE : JP Morgan raises price target to EUR 113 from EUR 106
* Symrise AG SY1G.DE : Liberum raises price target to EUR 110 from EUR 102
* Synthomer SYNTS.L : Berenberg cuts target price to 550p from 560p
* Teleperformance SE TEPRF.PA : Goldman Sachs raises price target to EUR 410 from EUR 400
* Totalenergies SE TTEF.PA : HSBC raises target price to EUR 43.1 from EUR 41.9
* Tritax Big Box BBOXT.L : RBC raises target price to 265p from 240p
* TT Electronics Plc TTG.L : Barclays raises target price to 300p from 280p
* TT Electronics Plc TTG.L : Stifel raises target price to 350p from 300p
* Tullow Oil Plc TLW.L : Barclays raises target price to 40p from 34p
* UCB SA UCB.BR : HSBC raises target price to EUR 94 from EUR 87
* Unicaja Banco SA UNI.MC : Citigroup raises price target to EUR 1.2 from EUR 1.15
* Unicaja Banco SA UNI.MC : Morgan Stanley cuts target price to EUR 0.7 from EUR 0.75
* Unilever ULVR.L : Morgan Stanley raises to equal-weight from underweight
* Valneva SE VLS.PA : Stifel raises target price to EUR 13.3 from EUR 13
* Vat Group AG VACN.S : Berenberg raises target price to CHF 370 from CHF 365
* VAT Group AG VACN.S : JP Morgan raises target price to CHF 375 from CHF 260
* Wacker Chemie AG WCHG.DE : Morgan Stanley raises target price to EUR 127 from EUR 123
* Wartsila Oyj Abp WRT1V.HE : Citigroup raises price target to EUR 13.4 from EUR 12
* WPP WPP.L : Barclays raises target price to 1200p from 1150p
* WPP WPP.L : Credit Suisse raises target price to 1100p from 1060p
* Zalando SE ZALG.DE : Berenberg raises target price to EUR 92 from EUR 86
* Zalando SE ZALG.DE : JP Morgan raises target price to EUR 107 from EUR 100
(Compiled by Bengaluru Newsroom)
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