Europe Research Roundup: Asmi, Encavis, Melrose Industries

Coloplast A/S

29/02/2024 07:07

Feb 29 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Asmi, Encavis and Melrose Industries, on Thursday. 
    
    HIGHLIGHTS
                 * Asmi  ASMI.AS : Berenberg raises target price to EUR 620 from EUR 560
 
                 * Encavis AG  ECVG.DE : Berenberg cuts to hold from buy    
 
                 * Melrose Industries  MRON.L : Citigroup raises target price to 735p from 620p    
 
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
                 * Alcon AG  ALCC.S : JP Morgan raises target price to CHF 85.1 from CHF 74.4
 
                 * Amadeus  AMA.MC : JP Morgan cuts target price to EUR 67 from EUR 75
 
                 * Asmi  ASMI.AS : Berenberg raises target price to EUR 620 from EUR 560
 
                 * Auto1 Group SE  AG1G.DE : JP Morgan cuts target price to EUR 5.9 from EUR 6.2
 
                 * Coloplast  COLOb.CO : Bernstein raises target price to DKK 980 from DKK 765
 
                 * Encavis AG  ECVG.DE : Berenberg cuts to hold from buy
 
                 * Encavis AG  ECVG.DE : Berenberg cuts target price to EUR 12 from EUR 22
 
                 * Hays  HAYS.L : HSBC cuts target price to 104p from 107p
 
                 * Ignitis Grupe AB  IGN1L.VL : JP Morgan raises target price to EUR 33.5 from EUR 33
 
                 * Krones  KRNG.DE : HSBC raises target price to EUR 136 from EUR 124
 
                 * Mediobanca  MDBI.MI : Citigroup raises target price to EUR 14.15 from EUR 13.6
 
                 * Melrose Industries  MRON.L : Citigroup raises target price to 735p from 620p
 
                 * Moncler  MONC.MI : JP Morgan raises target price to EUR 63 from EUR 58
 
                 * St. James's Place  SJP.L : Citigroup cuts target price to 615p from 653p
 
                 * St. James's Place  SJP.L : Citigroup raises to buy from neutral
 
                 * Swedish Orphan Biovitrum  SOBIV.ST : Berenberg initiates coverage with buy rating
 
                 * Swedish Orphan Biovitrum  SOBIV.ST : Berenberg initiates coverage with target SEK 315
 
                 * UCB SA  UCB.BR : Citigroup raises target price to EUR 126 from EUR 108
 
                 * Umg  UMG.AS : Jefferies raises target price to EUR 31 from EUR 29
 
                 * Umg  UMG.AS : JP Morgan raises target price to EUR 35 from EUR 33
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))