Europe Research Roundup: DEUTZ, Legrand, VAT

Clarkson

07/10/2026 08:08

Oct 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including DEUTZ, Legrand and VAT, on Wednesday. 
     
HIGHLIGHTS

* DEUTZ AG DEZG.DE: Berenberg raises target price to EUR 16.50 from EUR 13 
* Grand City Properties SA GYC.DE: Kepler Cheuvreux raises to buy from hold
* Halma HLMA.L: Stifel resumes coverage with buy rating
* Legrand LEGD.PA: Jefferies raises target price to EUR 170 from EUR 168 
* VAT Group AG VACN.S: Berenberg raises target price to CHF 695 from CHF 640 
      
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. 
     
   
* Aalberts N.V. AALB.AS: Jefferies raises target price to EUR 52 from EUR 50 
* Aberdeen Group Plc ABDN.L: Morgan Stanley raises target price to 238p from 222p 
* Ahold Delhaize AD.AS: UBS cuts target price to EUR 33 from EUR 37 
* Ams Osram AMS.S: Deutsche Bank raises target price to CHF 23 from CHF 19 
* Amundi SA AMUN.PA: Alphavalue cuts to reduce from add 
* Amundi SA AMUN.PA: Morgan Stanley raises target price to EUR 98.6 from EUR 96.4 
* Andritz AG ANDR.VI: Bernstein raises target price to EUR 104 from EUR 100 
* Anglo American AAL.L: Deutsche Bank raises target price to 4700p from 4500p 
* Antofagasta Plc ANTO.L: Deutsche Bank raises target price to 3600p from 3400p 
* Ashmore ASHM.L: Morgan Stanley raises target price to 194p from 192p 
* AstraZeneca AZN.L: Bernstein cuts target price to 19,800p from 20,200p 
* Aurubis AG NAFG.DE: Morgan Stanley cuts target price to EUR 169.5 from EUR 172 
* Be Semiconductor Industries BESI.AS: UBS cuts target price to EUR 159 from EUR 370 
* Be Semiconductor Industries BESI.AS: UBS cuts to sell from buy 
* Befesa SA BFSA.DE: Morgan Stanley raises target price to EUR 46 from EUR 40 
* Boliden BOL.ST: Morgan Stanley raises target price to SEK 544 from SEK 473 
* Boliden AB BOL.ST: Deutsche Bank raises target price to SEK 640 from SEK 620 
* Clarkson Plc CKN.L: Berenberg raises target price to 6,025p from 5,925p 
* Clarkson Plc CKN.L: Deutsche Bank raises target price to 5800p from 5300p 
* Daimler Truck Holding AG DTGGe.DE: Citigroup cuts PT to EUR 53.80 from EUR 56
* Danske Bank DANSKE.CO: Jefferies raises target price to DKK 405 from DKK 395 
* Davide Campari CPRI.MI: UBS raises target price to EUR 7.2 from EUR 7 
* Deutsche Wohnen SE DWNG.DE: Kepler Cheuvreux cuts PT to EUR 13.43 from EUR 17.17 
* Deutsche Wohnen SE DWNG.DE: Kepler Cheuvreux cuts to reduce from hold
* DEUTZ AG DEZG.DE: Berenberg raises target price to EUR 16.50 from EUR 13 
* DNB DNB.OL: Jefferies raises target price to NOK 320 from NOK 319 
* DWS Group Gmbh & Co KGaA DWSG.DE: Morgan Stanley raises PT to EUR 71.4 from EUR 69.8 
* Endeavour Mining Plc EDV.L: Morgan Stanley raises target price to 5090p from 4590p 
* Engie ENGIE.PA: Morgan Stanley cuts target price to EUR 29 from EUR 31 
* FDJ United FDJU.PA: JP Morgan cuts target price to EUR 19 from EUR 20 
* Forvia SE FRVIA.PA: BofA Global Research raises price objective to EUR 14 from EUR 10.5 
* Forvia SE FRVIA.PA: BofA Global Research raises to buy from underperform
* Genmab GMAB.CO: Alphavalue raises target price to DKK 3,117 from DKK 2,720 
* Genmab GMAB.CO: Deutsche Bank raises target price to DKK 2750 from DKK 2500 
* Glencore GLEN.L: Deutsche Bank raises target price to 680p from 630p 
* Glencore GLEN.L: Morgan Stanley raises target price to 710p from 600p 
* Grand City Properties SA GYC.DE: Kepler Cheuvreux raises target price to EUR 50 from EUR 10 
* Grand City Properties SA GYC.DE: Kepler Cheuvreux raises to buy from hold
* Halma HLMA.L: Stifel resumes coverage with buy rating
* Halma HLMA.L: Stifel resumes coverage with target price 4500p 
* Handelsbanken SHBa.ST: Jefferies raises target price to SEK 125 from SEK 121 
* Heidelberg Materials AG HEIG.DE: Deutsche Bank cuts target price to EUR 210 from EUR 220 
* Heineken NV HEIN.AS: Morgan Stanley cuts target price to EUR 79 from EUR 84 
* Inchcape Plc INCH.L: UBS cuts target price to 750p from 990p 
* Inchcape Plc INCH.L: UBS cuts to neutral from buy 
* Jupiter Fund Management JUP.L: Morgan Stanley raises target price to 192p from 186p 
* KGHM Polska Miedz SA KGH.WA: Morgan Stanley cuts target price to PLN 345 from PLN 350 
* Kone Oyj KNEBV.HE: Citigroup cuts target price to EUR 63 from EUR 65 
* Kone Oyj KNEBV.HE: Citigroup raises to buy from neutral
* Koninklijke Ahold Delhaize N.V. AD.AS: Morgan Stanley cuts target price to EUR 30.7 from EUR 31.5 
* Lectra SA LECS.PA: Bernstein raises target price to EUR 29 from EUR 27.50 
* Legrand LEGD.PA: Jefferies raises target price to EUR 170 from EUR 168 
* L'Oreal S.A OREP.PA: Morgan Stanley cuts target price to EUR 379 from EUR 388 
* Man Group Plc EMG.L: Morgan Stanley raises target price to 373p from 362p 
* Metlen Energy & Metals Plc MTLN.L: Morgan Stanley raises target price to EUR 59 from EUR 56 
* Netcall Plc NETC.L: Canaccord Genuity raises target price to 170p from 160p 
* Norsk Hydro NHY.OL: Deutsche Bank cuts target price to NOK 100 from NOK 102 
* Norsk Hydro ASA NHY.OL: Morgan Stanley cuts target price to NOK 87 from NOK 92 
* Novo Nordisk NOVOb.CO: Deutsche Bank cuts target price to DKK 225 from DKK 245 
* Orange SA ORAN.PA: JP Morgan raises target price to EUR 22.6 from EUR 22.5 
* Pepco Group NV PCOP.WA: UBS raises target price to PLN 50.5 from PLN 44 
* Polypeptide Group AG PPGN.S: UBS cuts target price to CHF 44 from CHF 45 
* Polypeptide Group AG PPGN.S: UBS cuts to neutral from buy 
* Quilter Plc QLT.L: BofA Global Research raises price objective to 235p from 230p 
* Redcare Pharmacy NV RDC.DE: Berenberg raises target price to EUR 102 from EUR 94 
* Rio Tinto RIO.L: Deutsche Bank raises target price to 7600p from 7400p 
* Rio Tinto RIO.L: Morgan Stanley cuts target price to 6410p from 6670p 
* SEB AB SEBa.ST: Jefferies raises target price to SEK 220 from SEK 205 
* Swedbank SWEDa.ST: Jefferies raises target price to SEK 395 from SEK 360 
* ThyssenKrupp TKAG.DE: Jefferies raises target price to EUR 16.5 from EUR 13 
* UBS UBSG.S: Deutsche Bank raises target price to CHF 47 from CHF 45 
* Unilever Plc ULVR.L: UBS cuts target price to 4390p from 4440p 
* VAT Group AG VACN.S: Berenberg raises target price to CHF 695 from CHF 640 
* Veolia VIE.PA: Morgan Stanley cuts target price to EUR 35 from EUR 38 
* Veolia Environnement VIE.PA: Deutsche Bank cuts target price to EUR 37 from EUR 39 
* Voltalia SA VLTSA.PA: Morgan Stanley cuts target price to EUR 5 from EUR 7 
* Voltalia SA VLTSA.PA: Morgan Stanley raises to equal weight from underweight 
* Washtec AG WSU.DE: Berenberg cuts target price to EUR 48 from EUR 53 
* Wienerberger AG WBSV.VI: Morgan Stanley cuts target price to EUR 16 from EUR 18 

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