Europe Research Roundup: Bunzl, Infineon Technologies, Melexis

Celebrus Technologies

12/07/2023 08:04

July 12 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Bunzl, Infineon Technologies and Melexis on Wednesday. 
    
    HIGHLIGHTS
                 * Bunzl  BNZL.L : RBC cuts to underperform from sector perform
 
                 * Infineon Technologies AG  IFXGn.DE : Jefferies raises to hold from
 underperform
 
                 * Melexis NV  MLXS.BR : Jefferies raises to hold from underperform
 
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
    
                 * Aena Sme SA  AENA.MC : JP Morgan raises target price to EUR 168 from EUR 165
 
                 * Aixtron SE  AIXGn.DE : Jefferies raises target price to EUR 45 from EUR 40
 
                 * AJ Bell  AJBA.L : RBC raises target price to 355p from 350p
 
                 * AMS Osram AG  AMS.S : Jefferies cuts target price to CHF 6 from CHF 6.1 
 
                 * Asmi  ASMI.AS : Jefferies raises target price to EUR 600 from EUR 390
 
                 * ASML Holding NV  ASML.AS : Jefferies raises target price to EUR 950 from EUR
 700
 
                 * Azelis  AZE.BR : Jefferies cuts target price to EUR 24 from EUR 28
 
                 * Brooks MacDonald Group Plc  BRK.L : RBC cuts target price to 2,150p from
 2,200p
 
                 * Bunzl  BNZL.L : RBC cuts target price to 2550p from 2850p
 
                 * Bunzl  BNZL.L : RBC cuts to underperform from sector perform
 
                 * Bureau Veritas  BVI.PA : JP Morgan cuts target price to EUR 23 from EUR 24
 
                 * Carrefour  CARR.PA : JP Morgan raises target price to EUR 20 from EUR 19
 
                 * D4T4 Solutions Plc  D4T4.L : Canaccord Genuity cuts target price to 330p from
 345p
 
                 * Daimler Truck Holding AG  DTGGe.DE : Jefferies raises target price to EUR 43
 from EUR 40
 
                 * Deutsche Bank AG  DBKGn.DE : HSBC cuts target price to EUR 9.8 from EUR 10.5
 
                 * Eiffage  FOUG.PA : JP Morgan cuts target price to EUR 117 from EUR 125
 
                 * Ferrovial  FER.MC : JP Morgan raises target price to EUR 30 from EUR 29
 
                 * Fluidra SA  FLUI.MC : Jefferies raises target price to EUR 21 from EUR 20
 
                 * Forterra Plc  FORT.L : Berenberg cuts target price to 210p from 250p
 
                 * Forterra Plc  FORT.L : Peel Hunt cuts target price to 170p from 250p
 
                 * Hargreaves Lansdown  HRGV.L : RBC cuts target price to 925p from 950p
 
                 * Ibstock  IBST.L : Peel Hunt cuts target price to 185p from 225p
 
                 * IMCD NV  IMCD.AS : Jefferies cuts target price to EUR 160 from EUR 175
 
                 * Infineon Technologies AG  IFXGn.DE : Jefferies raises to hold from
 underperform
 
                 * Infineon Technologies AG  IFXGn.DE : Jefferies raises target price to EUR 40
 from EUR 28
 
                 * Intertek  ITRK.L : JP Morgan cuts target price to 4,400p from 4,500p
 
                 * JDE Peet's  JDEP.AS : HSBC cuts target price to EUR 25.9 from EUR 30.3
 
                 * Jeronimo Martins  JMT.LS : HSBC raises target price to EUR 22 from EUR 20
 
                 * Jeronimo Martins  JMT.LS : JP Morgan cuts target price to EUR 24.4 from EUR
 24.8
 
                 * Julius Baer Gruppe AG  BAER.S : HSBC cuts target price to CHF 70 from CHF 74
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : JP Morgan cuts PT to EUR 32.95 from EUR
 33.27
 
                 * Melexis NV  MLXS.BR : Jefferies raises to hold from underperform
 
                 * Melexis NV  MLXS.BR : Jefferies raises target price to EUR 92 from EUR 65
 
                 * Nanobiotix SA  NANOB.PA : H.C. Wainwright raises target price to EUR 10 from
 EUR 9
 
                 * Quilter Plc  QLT.L : RBC cuts target price to 120p from 125p
 
                 * SGS SA  SGSN.S : JP Morgan cuts target price to CHF 80 from CHF 86
 
                 * Soitec SA  SOIT.PA : Jefferies raises target price to EUR 270 from EUR 180
 
                 * Spirax-Sarco  SPX.L : HSBC cuts target price to 11300p from 12000p
 
                 * STMicroelectronics NV  STMPA.PA : Jefferies raises to hold from underperform
 
                 * STMicroelectronics NV  STMPA.PA : Jefferies raises target price to EUR 46 from
 EUR 33
 
                 * Stora Enso Oyj  STERV.HE : JP Morgan raises target price to EUR 13 from EUR
 12.6
 
                 * Teleperformance SE  TEPRF.PA : JP Morgan cuts target price to EUR 230 from EUR
 340
 
                 * Tryg  TRYG.CO : HSBC cuts target price to DKK 160 from DKK 165
 
                 * UBS Group AG  UBSG.S : HSBC cuts target price to CHF 24.49 from CHF 24.50
 
                 * UPM-Kymmene Oyj  UPM.HE : JP Morgan cuts target price to EUR 32 from EUR 32.2
 
                 * Vestas  VWS.CO : Jefferies cuts target price to DKK 238 from DKK 246
 
                 * Zurich Insurance Group AG  ZURN.S : JP Morgan cuts target price to CHF 400
 from CHF 430
 
    
  

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