Europe Research Roundup: Cembre SpA, Kenmare Resources, Victrex

Cembre SpA

17/07/2023 08:18

July 17 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Cembre SpA, Kenmare Resources and Victrex, on Monday. 

    HIGHLIGHTS
                 * Cembre SpA  CEMB.MI : Berenberg initiates coverage with buy rating 
 
                 * Kenmare Resources Plc  KMR.L : Berenberg cuts to hold from buy 
 
                 * Victrex Plc  VCTX.L : Berenberg raises to buy from hold 
 
 
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock
entries are in alphabetical order. 

                 * Admiral Group Plc  ADML.L : Barclays cuts target price to 2616p from 2743p 
 
                 * Air France-KLM  AIRF.PA : Barclays cuts target price to EUR 2.45 from EUR 2.5 
 
                 * Aker BP  AKRBP.OL : Barclays raises target price to NOK 425 from NOK 420 
 
                 * Aker Solutions ASA  AKSOA.OL : Citigroup raises price target to NOK 51 from NOK 47.5 
 
                 * Allianz SE  ALVG.DE : Barclays raises target price to EUR 225 from EUR 218 
 
                 * Ashmore Group Plc  ASHM.L : Barclays cuts target price to 260p from 280p 
 
                 * Aston Martin Lagonda Plc  AML.L : Barclays raises target price to 375p from 300p 
 
                 * Beazley  BEZG.L : Barclays cuts target price to 700p from 760p 
 
                 * Befesa SA  BFSA.DE : Berenberg cuts target price to EUR 45 from EUR 50 
 
                 * British Land  BLND.L : Barclays cuts target price to 432p from 465p 
 
                 * Cembre SpA  CEMB.MI : Berenberg initiates coverage with buy rating 
 
                 * Cembre SpA  CEMB.MI : Berenberg initiates coverage with EUR 40 target price 
 
                 * Credem  EMBI.MI : Barclays raises target price to EUR 8.8 from EUR 8.5 
 
                 * Derwent London  DLN.L : Barclays cuts target price to 2200p from 2400p 
 
                 * Deutsche Lufthansa AG  LHAG.DE : Barclays cuts target price to EUR 16 from EUR 17 
 
                 * Deutsche Telekom AG  DTEGn.DE : Citigroup raises price target to EUR 25.5 from EUR 25 
 
                 * Diploma Plc  DPLM.L : Citigroup raises price target to 3300p from 3100p 
 
                 * Diploma Plc  DPLM.L : JP Morgan raises target price to 2,550p from 2,400p 
 
                 * EasyJet  EZJ.L : Barclays raises target price to 620p from 580p 
 
                 * EQT AB  EQTAB.ST : Barclays cuts target price to SEK 280 from SEK 290 
 
                 * Ericsson  ERICb.ST : Barclays cuts target price to SEK 65 from SEK 80 
 
                 * Ericsson  ERICb.ST : Barclays cuts to equal-weight from overweight 
 
                 * Ericsson  ERICb.ST : Jefferies cuts target price to SEK 58 from SEK 65 
 
                 * Forvia SE  FRVIA.PA : Berenberg raises target price to EUR 28 from EUR 25 
 
                 * Forvia SE  FRVIA.PA : Citigroup raises price target to EUR 30 from EUR 28 
 
                 * Generali  GASI.MI : Barclays raises target price to EUR 18.7 from EUR 17 
 
                 * Great Portland Estates  GPEG.L : Barclays cuts target price to 442p from 520p 
 
                 * Hannover Re  HNRGn.DE : Barclays raises target price to EUR 169 from EUR 165.7 
 
                 * Hiscox Ltd.  HSX.L : Barclays cuts target price to 1070p from 1080p 
 
                 * International Airlines Group  ICAG.L : Barclays raises target price to 230p from 215p 
 
                 * J D Wetherspoon  JDW.L : Jefferies raises target price to 900p from 850p 
 
                 * Kenmare Resources Plc  KMR.L : Berenberg cuts to hold from buy 
 
                 * Kenmare Resources Plc  KMR.L : Berenberg cuts target price to 540p from 760p 
 
                 * Lancashire Holdings  LRE.L : Barclays cuts target price to 670p from 700p 
 
                 * Landis+Gyr Group AG  LANDI.S : JP Morgan raises target price to CHF 60 from CHF 58 
 
                 * Landsec  LAND.L : Barclays raises target price to 700p from 680p 
 
                 * Learning Technologies Group Plc  LTGL.L : Citigroup cuts price target to 95p from 125p 
 
                 * Munich Re  MUVGn.DE : Barclays raises target price to EUR 387 from EUR 354 
 
                 * Nokia  NOKIA.HE : Barclays cuts target price to EUR 4.7 from EUR 4.8 
 
                 * Nokia Oyj  NOKIA.HE : Jefferies cuts target price to EUR 4.5 from EUR 6 
 
                 * OneSavings Bank  OSBO.L : Barclays cuts target price to 760p from 820p 
 
                 * Rs Group Plc  RS1R.L : Citigroup cuts price target to 800p from 950p 
 
                 * Ryanair  RYA.I : Barclays raises target price to EUR 24 from EUR 23.5 
 
                 * Scor  SCOR.PA : Barclays raises target price to EUR 27 from EUR 26.3 
 
                 * Standard Chartered Plc  STAN.L : Barclays cuts target price to 825p from 850p 
 
                 * Ten Entertainment Group Plc  TEG.L : Berenberg raises target price to 390p from 380p 
 
                 * Unicredit  CRDI.MI : Barclays raises target price to EUR 29.5 from EUR 27 
 
                 * Victrex Plc  VCTX.L : Berenberg raises to buy from hold 
 
                 * Victrex Plc  VCTX.L : Berenberg raises target price to 2090p from 1750p 
 
                 * Virgin Money UK Plc  VMUK.L : Barclays raises target price to 230p from 220p 
 
                 * Workspace  WKP.L : Barclays raises target price to 550p from 520p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))