Europe Research Roundup: Avast, Sodexo, Wacker Chemie

Catena AB

09/06/2022 07:54

June 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Avast, Sodexo and Wacker Chemie on Thursday. 
    
    HIGHLIGHTS
     * Avast Plc  AVST.L : HSBC raises to buy from hold
     * Sodexo  EXHO.PA : HSBC raises to buy from hold
     * Wacker Chemie AG  WCHG.DE : JP Morgan cuts to underweight from neutral
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.     

     * AIB Group Plc  AIBG.I : JP Morgan raises target price to EUR 3 from EUR 2.80
     * Avast Plc  AVST.L : HSBC raises target price to 620p from 584p
     * Avast Plc  AVST.L : HSBC raises to buy from hold
     * Aveva  AVV.L : Credit Suisse cuts target price to 2310p from 2680p
     * Aveva  AVV.L : Jefferies raises target price to 1730p from 1630p
     * BBVA  BBVA.MC : JP Morgan cuts target price to EUR 5.80 from EUR 6
     * Catena AB  CATE.ST : JP Morgan cuts target price to SEK 525 from SEK 585
     * Compass Group Plc  CPG.L : HSBC cuts to hold from buy
     * Compass Group Plc  CPG.L : HSBC raises target price to 1990p from 1970p
     * Do & Co AG  DOCO.VI : Jefferies raises target price to EUR 120 from EUR 112
     * Enquest Plc  ENQ.L : JP Morgan cuts target price to 41p from 47p
     * Entain  ENT.L : JP Morgan cuts target price to 2200p from 2590p
     * Equinor ASA  EQNR.OL : Credit Suisse starts with neutral rating; target price NOK 370
     * Flutter Entertainment Plc  FLTRF.L : JP Morgan cuts target price to 12600p from 15990p
     * Getlink  GETP.PA : RBC raises target price to EUR 10.50 from EUR 10
     * Inditex  ITX.MC : Credit Suisse raises target price to EUR 24 from EUR 22
     * Inditex  ITX.MC : Jefferies raises target price to EUR 27.50 from EUR 26.50
     * Intermediate Capital Group Plc  ICP.L : Jefferies raises target price to 2800p from 2750p
     * Lanxess AG  LXSG.DE : Jefferies raises target price to EUR 55 from EUR 48.50
     * Lords Group Trading Plc  LORD.L : Berenberg starts with buy rating; 120p target price
     * Nexi SpA  NEXII.MI : JP Morgan cuts to neutral from overweight
     * Nexi SpA  NEXII.MI : JP Morgan cuts target price to EUR 10.80 from EUR 20.40
     * Sodexo  EXHO.PA : HSBC raises to buy from hold
     * Swatch  UHR.S : HSBC raises target price to CHF 325 from CHF 320
     * Totalenergies SE  TTEF.PA : Credit Suisse starts with outperform rating; PT EUR 60
     * Wacker Chemie AG  WCHG.DE : JP Morgan cuts to underweight from neutral
     * Worldline SA  WLN.PA : JP Morgan cuts target price to EUR 59 from EUR 72
 

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