Europe Research Roundup: Big Yellow, Coloplast, Mercedes-Benz

Covivio SA

22/01/2025 07:13

Jan 22 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Big Yellow , Coloplast and Mercedes-Benz, on Wednesday.
    
    HIGHLIGHTS  

                 * Bachem Holding AG  BANB.S : Barclays raises to equal-weight from underweight 
 
                 * Big Yellow Group Plc  BYG.L : Berenberg raises to buy from hold
 
                 * Coloplast  COLOB.CO : HSBC raises to buy from hold
 
                 * Hannover Re  HNRGN.DE : HSBC raises to buy from hold 
 
                 * Mercedes-Benz Group AG  MBGn.DE : Berenberg cuts to hold from buy 
 
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
  
                 * Adidas AG  ADSGn.DE : JP Morgan raises target price to EUR 275 from EUR 266
 
                 * Adidas AG  ADSGn.DE : Telsey Advisory Group raises target price to EUR 290 from EUR 285
 
                 * Aperam SA  APAM.AS : Citigroup cuts target price to EUR 29 from EUR 31
 
                 * Aviva  AV.L : JP Morgan raises to overweight from neutral; raises PT to 615p from 555p
 
                 * Bachem Holding AG  BANB.S : Barclays cuts target price to CHF 65 from CHF 71
 
                 * Bachem Holding AG  BANB.S : Barclays raises to equal-weight from underweight
 
                 * Belimo Holding AG  BEAN.S : HSBC raises target price to CHF 760 from CHF 640
 
                 * Big Yellow Group Plc  BYG.L : Berenberg cuts target price to 1144p from 1285p
 
                 * Big Yellow Group Plc  BYG.L : Berenberg raises to buy from hold
 
                 * BMW  BMWG.DE : Berenberg raises target price to EUR 92 from EUR 80
 
                 * BMW  BMWG.DE : Berenberg raises to buy from hold
 
                 * Carnival  CCL.L : Peel Hunt raises target price to 2300p from 1500p
 
                 * Coloplast  COLOB.CO : HSBC cuts target price to DKK 920 from DKK 930
 
                 * Coloplast  COLOB.CO : HSBC raises to buy from hold
 
                 * Compagnie Financiere Richemont SA  CFR.S : Berenberg raises PT to CHF 160 from CHF 150
 
                 * Cranswick Plc  CWK.L : Barclays raises target price to 5594p from 5397p
 
                 * Eiffage  FOUG.PA : JP Morgan cuts target price to EUR 123 from EUR 125
 
                 * Elementis Plc  ELM.L : Berenberg raises target price to 185p from 170p
 
                 * Geberit AG  GEBN.S : JP Morgan initiates coverage with underweight rating; PT CHF 450
 
                 * Hannover Re  HNRGN.DE : HSBC raises target price to EUR 280 from EUR 260
 
                 * Hannover Re  HNRGN.DE : HSBC raises to buy from hold
 
                 * IMI  IMI.L : HSBC raises target price to 2375p from 2200p
 
                 * Knorr Bremse AG  KBX.DE : Citigroup raises target price to EUR 89 from EUR 88
 
                 * Lanxess AG  LXSG.DE : Berenberg cuts target price to EUR 31 from EUR 32
 
                 * Lufthansa  LHAG.DE : HSBC cuts target price to EUR 6.5 from EUR 7
 
                 * Mercedes-Benz Group AG  MBGn.DE : Berenberg cuts target price to EUR 63 from EUR 70
 
                 * Mercedes-Benz Group AG  MBGn.DE : Berenberg cuts to hold from buy
 
                 * Munich Re  MUVGn.DE : HSBC raises to buy from hold; raises target price to EUR 560 from
 EUR 515
 
                 * Oberoi Realty Ltd  OEBO.NS : HSBC raises target price to 2070 rupees from 2050 rupees
 
                 * Polypeptide Group AG  PPGN.S : Barclays initiates coverage with overweight rating and PT
 CHF 40
 
                 * Porsche SE  PSHG_p.DE : Berenberg cuts target price to EUR 41 from EUR 67
 
                 * Porsche SE  PSHG_p.DE : Berenberg cuts to hold from buy
 
                 * Premier Foods  PFD.L : Barclays raises target price to 220p from 207p
 
                 * Qinetiq Group Plc  QQ.L : Berenberg cuts target price to 500p from 550p
 
                 * Rentokil Initial  RTO.L : HSBC cuts target price to 345p from 360p
 
                 * Salzgitter AG  SZGG.DE : Citigroup cuts target price to EUR 18 from EUR 18.5
 
                 * Scor  SCOR.PA : HSBC raises target price to EUR 27 from EUR 26
 
                 * Smiths Group  SMIN.L : JP Morgan raises target price to 2,210p from 2,160p
 
                 * SSAB  SSABa.ST : Citigroup cuts target price to SEK 60 from SEK 62
 
                 * Suss Microtec SE  SMHNn.DE : Berenberg raises target price to EUR 65 from EUR 60
 
                 * Swiss Re  SRENH.S : HSBC cuts to hold from buy
 
                 * the Gym Group  GYM.L : Barclays raises target price to 160p from 145p
 
                 * Vestas  VWS.CO : Jefferies raises to buy from hold; cuts PT to DKK 135 from DKK 160
 
                 * Voestalpine AG  VOES.VI : Citigroup cuts target price to EUR 20 from EUR 21.5
 
                 * Volvo  VOLVb.ST : Citigroup raises target price to SEK 292 from SEK 280
 
                 * WAG Payment Solutions Plc  WPS.L : Morgan Stanley cuts target price to 114p from 134p
 
                 * Worldline  WLN.PA : HSBC cuts target price to EUR 8.5 from EUR 9
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))