Europe Research Roundup: Flutter Entertainment, M&G, MTU Aero Engines AG

Corbion NV

11/08/2021 08:28

Aug 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Flutter Entertainment, M&G and MTU Aero Engines AG, on Wednesday. 
    
    HIGHLIGHTS
     * Flutter Entertainment Plc  FLTRF.L : JP Morgan raises target price to 17,250p from 16,290p 
     * M&G  MNG.L : Berenberg cuts to hold from buy     
     * MTU Aero Engines AG  MTXGn.DE : Barclays raises to overweight from equal weight     
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * 1&1 AG  1U1.DE : HSBC raises target price to EUR 24.5 from EUR 23.5 
     * Abrdn Plc  ABDN.L : Barclays cuts target price to 315p from 330p 
     * Bank of Ireland Group Plc  BIRG.I : Barclays raises target price to EUR 6.5 from EUR 6 
     * Bank of Ireland Group Plc  BIRG.I : HSBC raises target price to EUR 5.9 from EUR 5.7 
     * BMW  BMWG.DE : Barclays cuts target price to EUR 95 from EUR 108 
     * Brenntag SE  BNRGn.DE : JP Morgan raises target price to EUR 100 from EUR 82 
     * Corbion NV  CORB.AS : Barclays cuts target price to EUR 42 from EUR 43 
     * Daimler AG  DAIGn.DE : Barclays cuts target price to EUR 110 from EUR 115 
     * Evonik Industries AG  EVKn.DE : Barclays raises target price to EUR 34 from EUR 33 
     * Faurecia  EPED.PA : Barclays cuts target price to EUR 60 from EUR 70 
     * Flutter Entertainment Plc  FLTRF.L : JP Morgan raises target price to 17,250p from 16,290p 
     * Flutter Entertainment Plc  FLTRF.L : Peel Hunt raises target price to 17,000p from 14,800p 
     * FMC AG  FMEG.DE : JP Morgan raises target price to EUR 61.30 from EUR 58.80 
     * Fresenius SE  FREG.DE : JP Morgan cuts target price to EUR 52.40 from EUR 53 
     * Galapagos NV  GLPG.AS : JP Morgan cuts target price to EUR 60 from EUR 68 
     * Hellofresh SE  HFGG.DE : Credit Suisse raises target price to EUR 96 from EUR 95 
     * IWG  IWG.L : Barclays cuts target price to 330p from 350p 
     * Leg Immobilien SE  LEGn.DE : JP Morgan raises target price to EUR 158 from EUR 147 
     * Lse  LSEG.L : RBC cuts target price to 10,300p from 10,600p 
     * M&G  MNG.L : Berenberg cuts to hold from buy 
     * MTU Aero Engines AG  MTXGn.DE : Barclays raises target price to EUR 241 from EUR 218 
     * MTU Aero Engines AG  MTXGn.DE : Barclays raises to overweight from equal weight 
     * Proximus NV  PROX.BR : JP Morgan raises target price to EUR 19 from EUR 17 
     * Recordati  RECI.MI : JP Morgan raises target price to EUR 51 from EUR 47 
     * Renault  RENA.PA : Barclays raises target price to EUR 36 from EUR 32 
     * S&U Plc  SUS.L : Peel Hunt raises target price to 3,000p from 2,669p 
     * Strix Group Plc  KETL.L : Liberum initiates with buy rating and target price of 460p 
     * Swisscom AG  SCMN.S : Barclays raises target price to CHF 475 from CHF 460 
     * United Internet AG  UTDI.DE : HSBC raises target price to EUR 38 from EUR 36 
     * Vifor pharma AG  VIFN.S : Credit Suisse cuts target price to CHF 136 from CHF 144 
     * Volkswagen AG  VOWG_p.DE : Barclays raises target price to EUR 295 from EUR 290 
     * Vonovia SE  VNAn.DE : Barclays raises target price to EUR 75 from EUR 74 
     * Watches of Switzerland  WOSG.L : Barclays raises target price to 1115p from 915p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))