Europe Research Roundup: Covestro AG, Derwent London, Flutter Entertainment

COLTENE Holding AG

08/03/2021 07:06

March 8 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Covestro AG, Derwent London and Flutter Entertainment, on Monday. 
    
    HIGHLIGHTS
     * Covestro AG  1COV.DE : Citigroup cuts to sell from buy 
     * Derwent London Plc  DLN.L : HSBC raises to buy from hold     
     * Erste Group Bank AG  ERST.VI : JP Morgan cuts to neutral from overweight     
     * Great Portland Estates  GPOR.L : HSBC raises to buy from hold     
     * Flutter Entertainment Plc  FLTRF.L : Jefferies raises target price to 18,700p from 17,500p   
  
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are
in alphabetical order. 
    
     * 1&1 Drillisch AG  DRIG.DE : Jefferies raises target price to EUR 23.2 from EUR 20.2 
     * Admiral  ADML.L : Citigroup cuts price target to 2886p from 2944p 
     * Allegro.Eu SA  ALEP.WA : JP Morgan cuts target price to PLN 87 from PLN 115 
     * Autogrill SpA  AGL.MI : HSBC cuts target price to EUR 7 from EUR 11.1 
     * AXA  AXAF.PA : Jefferies raises target price to EUR 26.5 from EUR 26 
     * AXA  AXAF.PA : JP Morgan raises target price to EUR 24.95 from EUR 24.84 
     * BASF SE  BASFn.DE : Jefferies raises target price to EUR 83 from EUR 80 
     * BMO Commercial Property  BCPT.L : Peel Hunt initiates with add recommendation and 80p PT 
     * British Land  BLND.L : HSBC raises target price to 459p from 368p 
     * BT  BT.L : HSBC cuts target price to 130p from 135p 
     * Cellectis SA  ALCLS.PA : Jefferies cuts target price to EUR 22 from EUR 26 
     * Colonial  COL.MC : JP Morgan cuts target price to EUR 10 from EUR 10.30 
     * Coltene Holding AG  CLTN.S : Credit Suisse raises target price to CHF 95 from CHF 85 
     * Convatec Group Plc  CTEC.L : JP Morgan cuts target price to 191p from 196p 
     * Covestro AG  1COV.DE : Citigroup cuts price target to EUR 57 from EUR 60 
     * Covestro AG  1COV.DE : Citigroup cuts to sell from buy 
     * Derwent London Plc  DLN.L : HSBC raises target price to 3770p from 2800p 
     * Derwent London Plc  DLN.L : HSBC raises to buy from hold 
     * Dufry AG  DUFN.S : Credit Suisse raises target price to CHF 50 from CHF 42 
     * Entain  ENT.L : JP Morgan raises target price to 1,644p from 1,607p 
     * Erste Group Bank AG  ERST.VI : JP Morgan cuts to neutral from overweight 
     * Flutter Entertainment Plc  FLTRF.L : Jefferies raises target price to 18,700p from 17,500p 
     * Great Portland Estates  GPOR.L : HSBC raises target price to 815p from 670p 
     * Great Portland Estates  GPOR.L : HSBC raises to buy from hold 
     * Henkel AG & Co KGaA  HNKG_p.DE : Citigroup cuts price target to EUR 88 from EUR 93 
     * Hiscox  HSX.L : HSBC cuts target price to 1030p from 1070p 
     * Inchcape Plc  INCH.L : Jefferies raises target price to 890p from 810p 
     * Inficon Holding AG  IFCN.S : Credit Suisse raises target price to CHF 695 from CHF 588 
     * Kering  PRTP.PA : HSBC raises target price to EUR 666 from EUR 650 
     * Kuehne Und Nagel International AG  KNIN.S : JP Morgan ups PT to CHF 218.04 from CHF 176.07 
     * Land Securities  LAND.L : HSBC raises target price to 718p from 573p 
     * Lse  LSEG.L : Credit Suisse cuts target price to 9500p from 10000p 
     * M&G  MNG.L : RBC raises target price to 220p from 210p 
     * Neste Oyj  NESTE.HE : RBC raises target price to EUR 57 from EUR 55 
     * Persimmon  PSN.L : Citigroup raises price target to 3166p from 3130p 
     * Picton Property Income Ltd  PCTN.L : Peel Hunt initiates with add recommendation 
     * Picton Property Income Ltd  PCTN.L : Peel Hunt initiates with 100p target price 
     * Redrow Plc  RDW.L : JP Morgan raises target price to 710p from 600p 
     * Renault  RENA.PA : JP Morgan raises target price to EUR 69 from EUR 67 
     * Rightmove  RMV.L : Credit Suisse raises target price to 600p from 570p 
     * SFS Group AG  SFSN.S : Credit Suisse raises target price to CHF 133 from CHF 127 
     * SSP Group Plc  SSPG.L : HSBC cuts target price to 430p from 450p 
     * Taylor Wimpey  TW.L : JP Morgan raises target price to 190p from 160p 
     * Travis Perkins  TPK.L : Citigroup raises price target to 1600p from 1510p 
     * UK Commercial Property REIT Ltd  UKCM.L : Peel Hunt initiates with add recommendation 
     * UK Commercial Property REIT Ltd  UKCM.L : Peel Hunt initiates with 80p target price 
     * Uniper SE  UN01.DE : JP Morgan raises target price to EUR 33.50 from EUR 33 
     * United Internet AG  UTDI.DE : Jefferies raises target price to EUR 34 from EUR 28.7 
     * Valeo  VLOF.PA : JP Morgan cuts target price to EUR 33 from EUR 35 
     * Vistry Group Plc  VTYV.L : JP Morgan raises target price to 980p from 920p 
     * Vistry Group Plc  VTYV.L : Peel Hunt raises target price to 1300p from 1265p 
     * Vivendi  VIV.PA : Credit Suisse raises target price to EUR 31.9 from EUR 30.3 
     * Vivendi  VIV.PA : HSBC cuts target price to EUR 32 from EUR 33 
     * Volkswagen AG  VOWG_p.DE : JP Morgan raises target price to EUR 215 from EUR 183 
     * WH Smith Plc  SMWH.L : HSBC raises target price to 2170p from 1865p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))