Europe Research Roundup: Aston Martin, Nestle SA, Volvo AB

Cab Payments Holdings

27/11/2024 06:59

Nov 27 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies including Aston Martin, Nestle SA and Volvo AB, on Wednesday.
    
    HIGHLIGHTS  
    
     * Aston Martin  AML.L : JP Morgan cuts target price to 160p from 225p
     * EDPR  EDPR.LS : Jefferies raises to buy from hold
     * Nestle SA  NESN.S : Morgan Stanley raises to equal-weight from underweight
     * Volvo AB  VOLVb.ST : JP Morgan raises PT to SEK 330 from SEK 290
     * Yara  YAR.OL : Berenberg cuts target price to NOK 334 from NOK 339
      
Following is a summary of research actions on European companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.

     * Ackermans & Van Haaren NV  ACKB.BR : Berenberg raises PT to EUR 239 from EUR 236
     * AIB Group Plc  AIBG.I : Citigroup raises target price to EUR 5.75 from EUR 5.70
     * Arkema SA  AKE.PA : Citigroup raises to buy from neutral; raises PT to EUR 100 from EUR 93
     * Aston Martin  AML.L : JP Morgan cuts target price to 160p from 225p
     * Bank of Ireland Group Plc  BIRG.I : Citigroup cuts target price to EUR 9.4 from EUR 10
     * BASF SE  BASFn.DE : Citigroup cuts target price to EUR 46 from EUR 49
     * Cab Payments Holdings Plc  CABP.L : Barclays reinstates coverage with equal weight rating 
     * Cab Payments Holdings Plc  CABP.L : Barclays reinstates coverage with target price 70p
     * EDP  EDP.LS : Jefferies cuts to hold from buy; cuts target price to EUR 3.7 from EUR 4.7
     * EDPR  EDPR.LS : Jefferies cuts target price to EUR 13 from EUR 15.5
     * EDPR  EDPR.LS : Jefferies raises to buy from hold
     * Elkem ASA  ELK.OL : Citigroup cuts target price to NOK 20.5 from NOK 21.5
     * Endesa  ELE.MC : HSBC raises target price to EUR 24.6 from EUR 24.2
     * Enel  ENEI.MI : HSBC cuts target price to EUR 7.9 from EUR 8.2
     * Equinor ASA  EQNR.OL : Berenberg raises to buy from hold 
     * Equinor ASA  EQNR.OL : Berenberg raises PT to NOK 325 from NOK 290
     * Evonik Industries AG  EVKn.DE : Citigroup cuts target price to EUR 23 from EUR 25
     * GSK  GSK.L : HSBC cuts target price to 1190p from 1420p
     * Intertek  ITRK.L : Citigroup raises target price to 5767p from 5757p
     * JD Sports  JD.L : Citigroup cuts target price to 180p from 185p
     * Nestle SA  NESN.S : Morgan Stanley raises to equal-weight from underweight
     * Nestle SA  NESN.S : Morgan Stanley cuts target price to CHF 76 from CHF 80
     * Nokian Tyres Plc  TYRES.HE : JP Morgan cuts to underweight from neutral 
     * Nokian Tyres Plc  TYRES.HE : JP Morgan cuts target price to EUR 6 from EUR 6.6
     * Norcros Plc  NXR.L : Peel Hunt raises target price to 290p from 260p
     * Opmobility SE  OPM.PA : JP Morgan raises to overweight from neutral
     * Opmobility SE  OPM.PA : JP Morgan cuts target price to EUR 12 from EUR 14
     * Puig  PUIGb.MC : Barclays initiates coverage with overweight rating; PT EUR 24.40
     * Serica Energy Plc  SQZ.L : Peel Hunt cuts target price to 250p from 297p
     * Springer Nature AG & Co KGaA  SPGG.DE : Barclays initiates coverage with overweight rating 
     * Springer Nature AG & Co KGaA  SPGG.DE : Barclays initiates coverage with PT EUR 30
     * Vienna Insurance Group  VIGR.VI : HSBC raises target price to EUR 37.5 from EUR 36.5
     * Volvo AB  VOLVb.ST : JP Morgan raises to overweight from neutral
     * Volvo AB  VOLVb.ST : JP Morgan raises PT to SEK 330 from SEK 290
     * Wacker Chemie AG  WCHG.DE : Citigroup cuts target price to EUR 117 from EUR 124
     * Yara  YAR.OL : Berenberg cuts target price to NOK 334 from NOK 339
 


 (Compiled by Bengaluru Newsroom)
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