Europe Research Roundup: Entain, PKN Orlen, Volkswagen Ord

Cadeler A/S

13/09/2022 08:25

Sept 13 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Entain, PKN Orlen and Volkswagen Ord, on Tuesday. 
    
    HIGHLIGHTS
     * Entain  ENT.L : HSBC raises to buy from hold 
     * PKN Orlen  PKN.WA : HSBC raises to buy from hold     
     * Volkswagen Ord  VOWG.DE : HSBC cuts to hold from buy 
     * Zur Rose Group AG  ROSEG.S : Baader Helvea cuts to add from buy        
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 

     * Cadeler A/S  CADLR.OL : Jefferies initiates with buy rating and NOK 50 target price 
     * Entain  ENT.L : HSBC cuts target price to 1490p from 1760p 
     * Entain  ENT.L : HSBC raises to buy from hold 
     * Flutter Entertainment  FLTRF.L : HSBC cuts target price to 13000p from 14000p 
     * Genmab A/S  GMAB.CO : Jefferies raises target price to DKK 2700 from DKK 2350 
     * Meyer Burger Technology AG  MBTN.S : Credit Suisse cuts target to CHF 0.24 from CHF 0.26 
     * Natwest Group Plc  NWG.L : JP Morgan raises target price to 350p from 330p 
     * PKN Orlen  PKN.WA : HSBC raises target price to PLN 86 from PLN 70 
     * PKN Orlen  PKN.WA : HSBC raises to buy from hold 
     * Seaway 7 ASA  SEAW7.OL : Jefferies initiates with underperform rating and NOK 6 PT 
     * Virgin Money UK Plc  VMUK.L : JP Morgan raises target price to 200p from 190p 
     * Volkswagen Ord  VOWG.DE : HSBC cuts target price to EUR 188 from EUR 234 
     * Volkswagen Ord  VOWG.DE : HSBC cuts to hold from buy 
     * Volkswagen Pref  VOWG_P.DE : HSBC cuts target price to EUR 188 from EUR 234 
     * Zur Rose Group AG  ROSEG.S : Baader Helvea cuts to add from buy
     * Zur Rose Group AG  ROSEG.S : Baader Helvea cuts target price to CHF 55 from CHF 140 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))