Europe Research Roundup: Accor, Firstgroup, Mcphy Energy

Compagnie Chargeurs Invest SA

22/09/2022 07:51

Sept 22 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Accor, Firstgroup and Mcphy Energy, on Thursday. 
    HIGHLIGHTS  
     * Accor  ACCP.PA : JP Morgan cuts to underweight from neutral
     * Firstgroup Plc  FGP.L : JP Morgan reinstates coverage with overweight rating; PT 155p
     * Mcphy Energy SA  MCPHY.PA : RBC initiates coverage with outperform rating; PT EUR 16
 Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
     * Accor  ACCP.PA : JP Morgan cuts to underweight from neutral
     * Accor  ACCP.PA : JP Morgan cuts target price to EUR 21 from EUR 35.5
     * Ceres Power Holdings  CWR.L : RBC initiates coverage with sector perform rating; PT 600p
     * Chargeurs SA  CRIP.PA : Berenberg cuts target price to EUR 16 from EUR 31
     * Firstgroup Plc  FGP.L : JP Morgan reinstates coverage with overweight rating; PT 155p
     * Galliford TRY  GFRD.L : HSBC cuts target price to 190p from 237p
     * Glencore  GLEN.L : JP Morgan raises target price to 640p from 590p
     * Hilton Food Group Plc  HFG.L : HSBC cuts target price to 1230p from 1650p
     * Investis Holding SA  IREN.S : Credit Suisse cuts target price to CHF 106 from CHF 112
     * Mcphy Energy SA  MCPHY.PA : RBC initiates coverage with outperform rating; PT EUR 16
     * Partners Group Holding AG  PGHN.S : Credit Suisse cuts PT to CHF 1175 from CHF 1275
     * S4 Capital Plc  SFOR.L : Credit Suisse cuts target price to 290p from 595p
     * Springfield Properties Plc  SPRSP.L : Peel Hunt cuts target price to 150p from 155p
     * Strix Group Plc  KETL.L : Peel Hunt cuts target price to 160p from 200p
 (Compiled by Bengaluru Newsroom; Editing by Dhanya Ann Thoppil)
 ((Diaries@thomsonreuters.com))