Europe Research Roundup: AJ Bell, CMC Markets, Nestle

Bridgepoint

16/10/2026 08:38

Oct 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AJ Bell, CMC Markets and Nestle, on Friday
     
HIGHLIGHTS
     
 
* AJ Bell AJBA.L: Peel Hunt initiates coverage with hold rating
* CMC Markets Plc CMCX.L: Peel Hunt reinitiates coverage with buy rating
* Elkem ASA ELK.OL: Morgan Stanley raises target price to NOK 31 from NOK 30 
* Nestle SA NESN.S: JP Morgan raises target price to CHF 100 from CHF 90 
* Swiss Re SRENH.S: Barclays raises target price to CHF 125 from CHF 123 
     
The following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order. 
     

* ABN Amro ABNd.AS: Deutsche Bank raises target price to EUR 41 from EUR 40 
* AIB Group Plc AIBG.I: JP Morgan cuts to neutral from overweight
* AIB Group Plc AIBG.I: JP Morgan raises target price to EUR 12.2 from EUR 12 
* AJ Bell AJBA.L: Peel Hunt initiates coverage with hold rating
* AJ Bell AJBA.L: Peel Hunt initiates coverage with target price 625p 
* Also Holding AG ALSN.S: UBS raises target price to CHF 200 from CHF 195 
* Antofagasta ANTO.L: Jefferies cuts target price to 3800p from 4100p 
* Antofagasta ANTO.L: JP Morgan cuts target price to 4200p from 4500p 
* Aperam SA APAM.AS: ING cuts target price to EUR 48 from EUR 54 
* Atalaya Mining Copper SA ATYM.L: BofA Global Research cuts PT to 1210p from 1270p 
* Bank of Ireland Group Plc BIRG.I: JP Morgan raises PT to EUR 21.9 from EUR 19.8 
* Bank of Ireland Group Plc BIRG.I: JP Morgan raises to overweight from neutral
* Bouygues SA BOUY.PA: UBS initiates coverage with buy rating and target price EUR 53.6 
* Bridgepoint Group Plc BPTB.L: Berenberg raises target price to 455p from 360p 
* Bureau Veritas BVI.PA: Bernstein cuts target price to EUR 35 from EUR 36 
* CMC Markets Plc CMCX.L: Peel Hunt reinitiates coverage with buy rating
* CMC Markets Plc CMCX.L: Peel Hunt reinitiates coverage with price target 900p 
* Coca-Cola Europacific Partners Plc CCEPC.L: Barclays cuts PT to 112p from 119p 
* Cucinelli BCU.MI: Bernstein raises target price to EUR 106 from EUR 104 
* De' Longhi SpA DLG.MI: Berenberg raises target price to EUR 43 from EUR 40 
* Docmorris DOCM.S: Deutsche Bank raises target price to CHF 17.5 from CHF 12.5 
* DSV DSV.CO: Citigroup cuts target price to DKK 1789 from DKK 1842 
* Edenred EDEN.PA: UBS raises target price to EUR 28.5 from EUR 19 
* Elkem ASA ELK.OL: Morgan Stanley raises target price to NOK 31 from NOK 30 
* Energyvision NV ENRGY.BR: Berenberg raises target price to EUR 21 from EUR 20 
* ENI ENI.MI: BofA Global Research raises price objective to EUR 24.5 from EUR 24 
* EQT AB EQTAB.ST: Morgan Stanley raises target price to SEK 414 from SEK 410 
* Ericsson ERICb.ST: Jefferies raises target price to SEK 105 from SEK 98 
* Ericsson ERICb.ST: UBS raises target price to SEK 73 from SEK 68 
* Erste Group Bank AG ERST.VI: UBS raises target price to EUR 127 from EUR 125 
* Essilorluxottica SA ESLX.PA: Morgan Stanley cuts target price to EUR 180 from EUR 225 
* Experian EXPN.L: RBC cuts target price to 3300p from 4000p 
* F resenius Medical Care AG FMEG.DE: Morgan Stanley raises PT to EUR 32 from EUR 31 
* FMC AG FMEG.DE: Morgan Stanley raises target price to EUR 32 from EUR 31 
* Fresenius SE & Co. KGaA FREn.DE: Morgan Stanley raises PT to EUR 53 from EUR 52 
* Galderma Group AG GALD.S: Citigroup reinstates coverage with buy rating
* Galderma Group AG GALD.S: Citigroup reinstates coverage with price target CHF 185 
* Getlink GETP.PA: Morgan Stanley raises target price to EUR 20.3 from EUR 20.2 
* Givaudan GIVN.S: UBS raises target price to CHF 3960 from CHF 3270 
* GTT GTT.PA: Jefferies raises target price to EUR 260 from EUR 235 
* GVS S.P.A. GVS.MI: Goldman Sachs cuts to neutral from buy 
* Holmen HOLMb.ST: JP Morgan cuts target price to SEK 299 from SEK 302 
* IG Group IGG.L: Peel Hunt reinitiates coverage with add rating
* IG Group IGG.L: Peel Hunt reinitiates coverage with price target 1150p 
* Johnson Matthey JMAT.L: Citigroup resumes coverage with buy rating
* Johnson Matthey JMAT.L: Citigroup resumes coverage with price target 2850p 
* Jost Werke JST.DE: Deutsche Bank raises target price to EUR 80 from EUR 76 
* Keller Group Plc KLR.L: RBC raises target price to 3,770p from 3,510p 
* Kinnevik KINVb.ST: Alphavalue cuts to sell from reduce 
* Lloyds LLOY.L: RBC cuts target price to 115p from 124p 
* Lloyds LLOY.L: RBC cuts to sector perform from outperform
* Lonza LONN.S: Deutsche Bank raises target price to CHF 715 from CHF 697 
* Mondi MNDI.L: Deutsche Bank cuts target price to 755p from 825p 
* Mondi MNDI.L: Jefferies cuts target price to 1050p from 1080p 
* Mondi MNDI.L: UBS cuts target price to 870p from 910p 
* Nel ASA NEL.OL: Alphavalue cuts to add from buy; cuts target price to NOK 2.38 from NOK 3.82 -
* Neste NESTE.HE: Deutsche Bank raises target price to EUR 35 from EUR 33 
* Nestle SA NESN.S: JP Morgan raises target price to CHF 100 from CHF 90 
* Nestle SA NESN.S: JP Morgan raises to overweight from neutral
* Nordea NDASE.ST: UBS cuts target price to SEK 215 from SEK 225 
* Nordea Bank Abp NDAFI.HE: Morgan Stanley cuts target price to EUR 18.6 from EUR 18.9 
* Pernod Ricard PERP.PA: UBS raises target price to EUR 70 from EUR 68 
* Publicis PUBP.PA: Berenberg raises target price to EUR 123 from EUR 119 
* Renishaw RSW.L: Deutsche Bank raises target price to 6150p from 5600p 
* Rio Tinto RIO.L: Citigroup cuts target price to 6700p from 7000p 
* Saf Holland SE SFQ.DE: Deutsche Bank raises target price to EUR 21 from EUR 19 
* Sanofi SASY.PA: RBC cuts target price to EUR 75 from EUR 80 
* Santander SAN.MC: UBS cuts target price to EUR 14 from EUR 14.3 
* SCA AB SCAb.ST: JP Morgan raises target price to SEK 119 from SEK 110 
* Siemens AG SIEGn.DE: Jefferies cuts to hold from buy
* Siemens AG SIEGn.DE: Jefferies raises target price to EUR 300 from EUR 277 
* Siemens Healthineers AG SHLG.DE: RBC raises target price to EUR 48 from EUR 45 
* Softcat Plc SCTS.L: UBS cuts target price to 1850p from 2100p 
* Stellantis N.V STLAM.MI: RBC cuts target price to EUR 4 from EUR 5 
* Stora Enso STERV.HE: JP Morgan raises target price to EUR 11.7 from EUR 11 
* Swiss Re SRENH.S: Barclays raises target price to CHF 125 from CHF 123 
* Swiss Re AG SRENH.S: JP Morgan raises target price to CHF 130 from CHF 125 
* Syensqo NV SYENS.BR: Morgan Stanley raises target price to EUR 81.5 from EUR 80 
* Totalenergies SE TTEF.PA: BofA Global Research raises PT to EUR 89 from EUR 88 
* UPM UPM.HE: JP Morgan raises target price to EUR 20.1 from EUR 19.9 
* VAT Group VACN.S: Barclays raises target price to CHF 870 from CHF 860 
* VAT Group AG VACN.S: Jefferies cuts target price to CHF 622 from CHF 646 
* Verbio SE VBKG.DE: Jefferies raises target price to EUR 42 from EUR 36 
* Verbio SE VBKG.DE: Jefferies raises to buy from hold
* Vossloh AG VOSG.DE: Jefferies cuts target price to EUR 50 from EUR 76 
* Wienerberger WBSV.VI: UBS cuts target price to EUR 14.5 from EUR 18 
* Wise Group Plc WISEa.L: JP Morgan raises target price to 1330p from 1300p
* Zurich Insurance Group AG ZURN.S: Morgan Stanley raises PT to CHF 560 from CHF 550 

 (Compiled by Bengaluru Newsroom)
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