Europe Research Roundup: Assa Abloy AB, Covestro AG, Intertrust NV

Brockhaus Technologies AG

18/11/2021 07:11

Nov 18 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Assa Abloy AB, Covestro AG and Intertrust NV, on Thursday. 
    
    HIGHLIGHTS  
     * Assa Abloy AB  ASSAb.ST : Berenberg raises to buy from hold
     * Covestro AG  1COV.DE : HSBC raises to buy from hold
     * Intertrust NV  INTER.AS : HSBC raises to hold from reduce
     * Naturgy  NTGY.MC : RBC cuts to underperform from outperform
     * SSAB AB  SSABa.ST : Citigroup raises price target to SEK 70 from SEK 68
    
Following is a summary of research actions on European companies reported by Reuters on Thursday.
Stock entries are in alphabetical order. 
    
     * Alcon AG  ALCC.S : Berenberg raises target price to CHF 90 from CHF 85
     * Assa Abloy AB  ASSAb.ST : Berenberg raises to buy from hold
     * Assa Abloy AB  ASSAb.ST : Berenberg raises to target price to SEK 305 from SEK 280
     * Assura  AGRP.L : Morgan Stanley cuts target price to 75p from 77p
     * Aurubis AG  NAFG.DE : Morgan Stanley raises target price to EUR 70 from EUR 67
     * Boozt AB  BOOZT.ST : Berenberg cuts target price to SEK 169 from SEK 180
     * British Land  BLND.L : Morgan Stanley raises target price to 570p from 540p
     * Brockhaus Technologies AG  BKHTn.DE : Jefferies cuts target price to EUR 34 from EUR 39
     * Covestro AG  1COV.DE : HSBC raises target price to EUR 70 from EUR 59
     * Covestro AG  1COV.DE : HSBC raises to buy from hold
     * Daimler AG  DAIGn.DE : Berenberg Intiiates with buy rating; target price EUR 115
     * Diageo  DGE.L : Barclays raises target price to 4770p from 4400p
     * EDP  EDP.LS : Morgan Stanley cuts target price to EUR 5.7 from EUR 6.3
     * Experian  EXPN.L : Credit Suisse raises target price to 3700p from 3350p
     * Genus  GNS.L : HSBC raises target price to 6200p from 6050p
     * Idorsia Ltd  IDIA.S : Citigroup cuts price target to CHF 23 from CHF 32.5
     * Informa  INF.L : Barclays cuts target price to 640p from 685p
     * Informa  INF.L : Credit Suisse cuts target price to 635p from 640p
     * ING Bank Slaski  INGP.WA : SocGen raises target price to PLN 300 from PLN 235
     * Intermediate Capital Group Plc  ICP.L : Jefferies raises target price to 2750p from 2600p
     * Intertrust NV  INTER.AS : HSBC raises target price to EUR 18 from EUR 12.15
     * Intertrust NV  INTER.AS : HSBC raises to hold from reduce
     * J D Wetherspoon  JDW.L : HSBC cuts target price to 1410p from 1600p
     * Kainos  KNOS.L : Berenberg raises target price to 2100p from 1680p
     * Land Securities  LAND.L : Morgan Stanley raises target price to 825p from 775p
     * Land Securities  LAND.L : RBC raises target price to 1000p from 925p
     * Naturgy  NTGY.MC : RBC cuts target price to EUR 20 from EUR 25
     * Naturgy  NTGY.MC : RBC cuts to underperform from outperform
     * Nestle SA  NESN.S : Morgan Stanley raises target price to CHF 135 from CHF 127
     * NKT A/S  NKT.CO : JP Morgan raises target price to DKK 265 from DKK 255
     * Nordex SE  NDXG.DE : Citigroup cuts price target to EUR 18 from EUR 19.5
     * Nordic Entertainment Group AB  NENTb.ST : Citigroup raises PT to SEK 720 from SEK 600
     * Relx  REL.L : Berenberg raises target price to 2300p from 1816p
     * Sage Group  SGE.L : Jefferies raises target price to 900p from 820p
     * Sainsbury  SBRY.L : Berenberg raises target price to 275p from 256p
     * Siemens Healthineers AG  SHLG.DE : Credit Suisse ups target price to EUR 71 from EUR 60
     * Siemens Healthineers AG  SHLG.DE : Deutsche Bank ups target price to EUR 75 from EUR 68
     * Siemens Healthineers AG  SHLG.DE : JP Morgan ups target price to EUR 77.5 from EUR 66.4
     * Sika AG  SIKA.S : Credit Suisse raises target price to CHF 412 from CHF 346
     * Spie SA  SPIE.PA : Berenberg raises target price to EUR 29 from EUR 24.70
     * SSAB AB  SSABa.ST : Citigroup raises price target to SEK 70 from SEK 68
     * SSE  SSE.L : JP Morgan cuts target price to 1,585p from 1,600p
     * Subsea 7 SA  SUBC.OL : JP Morgan cuts target price to NOK 86 from NOK 90
     * Vallourec  VLLP.PA : Jefferies cuts target price to EUR 13 from EUR 14
     * Varta AG  VAR1.DE : JP Morgan initiates with overweight rating; target price EUR 140
     * Wag Payment Solutions Plc  WPS.L : Citigroup initiates with neutral rating; PT 148p
     * Wolters Kluwer NV  WLSNc.AS : Berenberg raises target price to EUR 93 from EUR 92
 
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))