Europe Research Roundup: ABN Amro Bank, Convatec Group, Medacta Group

Cembra Money Bank AG

20/01/2020 09:09

Jan 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including ABN Amro Bank, Convatec Group and Medacta Group on Monday. 
    
    HIGHLIGHTS
     * ABN Amro Bank NV  ABNd.AS : RBC cuts to sector perform from outperform
     * Convatec Group Plc  CTEC.L : JP Morgan cuts to underweight from neutral
     * Medacta Group SA  MOVE.S : Credit Suisse raises to outperform from neutral
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
    
     * ABN Amro Bank NV  ABNd.AS : RBC cuts price target to EUR 17 from EUR 20
     * ABN Amro Bank NV  ABNd.AS : RBC cuts to sector perform from outperform
     * Bankia  BKIA.MC : Credit Suisse cuts price target to EUR 1.74 from EUR 1.9
     * Cembra Money Bank AG  CMBN.S : Credit Suisse raises price target to CHF 120 from CHF 110
     * Compagnie Financiere Richemont SA  CFR.S : Credit Suisse raises PT to CHF 71 from CHF 68
     * Convatec Group Plc  CTEC.L : JP Morgan cuts price target to 168p from 171p
     * Convatec Group Plc  CTEC.L : JP Morgan cuts to underweight from neutral
     * Dormakaba Holding AG  DOKA.S : Credit Suisse cuts price target to CHF 790 from CHF 830
     * Hastings Group Holdings Plc  HSTG.L : JP Morgan cuts price target to 180p from 185p
     * Hastings Group Holdings Plc  HSTG.L : RBC cuts price target to 155p from 165p
     * Hays Plc  HAYS.L : Credit Suisse raises price target to 150p from 140p
     * Idorsia Ltd  IDIA.S : Credit Suisse raises price target to CHF 29 from CHF 21
     * ING Groep NV  INGA.AS : RBC cuts price target to EUR 12.5 from EUR 14
     * Kering  PRTP.PA : Jefferies raises price target to EUR 700 from EUR 560
     * Medacta Group SA  MOVE.S : Credit Suisse raises price target to CHF 90 from CHF 77
     * Medacta Group SA  MOVE.S : Credit Suisse raises to outperform from neutral
     * Puma SE  PUMG.DE : JP Morgan raises price target to EUR 77 from EUR 74
     * Rio Tinto Plc  RIO.L : RBC cuts price target to 3800p from 3900p
     * Santander  SAN.MC : Jefferies cuts price target to EUR 3.30 from EUR 3.60
     * Spirent Communications Plc  SPT.L : Jefferies raises price target to 290p from 225p
     * Unicaja Banco SA  UNI.MC : Credit Suisse raises price target to EUR 0.9 from EUR 0.81
 

 (Compiled by Bengaluru Newsroom)
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