Europe Research Roundup: Ceres Power Holdings, Spirent Communications, Workspace
03/05/2024 08:54
May 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ceres Power Holdings, Spirent Communications and Workspace, on Friday.
HIGHLIGHTS
* 3I Group Plc III.L : Barclays raises target price to 3050p from 2815p
* Ceres Power Holdings Plc CWR.L : Peel Hunt cuts target price to 500p from 550p
* Iomart Group Plc IOMG.L : Deutsche Bank initiates coverage with buy rating and
PT 185p
* Spirent Communications Plc SPT.L : Deutsche Bank initiates coverage with buy
rating
* Workspace WKP.L : Barclays raises target price to 595p from 550p
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock
entries are in alphabetical order.
* 2Crsi SA AL2SI.PA : Portzamparc resumes coverage with 'buy' and target price of EUR
9.6
* 3I Group Plc III.L : Barclays raises target price to 3050p from 2815p
* Advanced Medical Solutions Group AMSU.L : Deutsche Bank initiates coverage with buy
rating
* Advanced Medical Solutions Group AMSU.L : Deutsche Bank initiates coverage with PT
250p
* Airtel Africa Plc AAF.L : Deutsche Bank initiates coverage with buy rating and PT
160p
* AJ Bell AJBA.L : Jefferies cuts to hold from buy; cuts target price to 361p from
390p
* Akwel AKW.PL : Midcap Partners raises target price to EUR 14 from EUR 13; rating
'sell'
* Akwel AKW.PL : Portzamparc cuts target price to EUR 20.3 from EUR 20.7: rating 'buy'
* Alliance pharma Plc ALAPH.L : Deutsche Bank initiates coverage with buy rating and
PT 85p
* Allianz SE ALVG.DE : Barclays raises target price to EUR 263 from EUR 260
* Avacta AVCT.L : Deutsche Bank initiates coverage with sell rating and target price
40p
* Beazley BEZG.L : Barclays raises target price to 920p from 910p
* Befesa BFSA.DE : Deutsche Bank cuts target price to EUR 33 from EUR 34
* Bonduelle BOND.PA : Midcap Partners cuts PT to EUR 9.9 from EUR 10.4; rating 'hold'
* Bonduelle BOND.PA : Portzamparc cuts target price to EUR 9 from EUR 9.5: rating
'hold'
* British Land BLND.L : Barclays cuts target price to 405p from 432p
* Casta Diva Group CDGI.MI : Midcap Partners initiates coverage with 'buy': PT EUR 2.5
* Ceres Power Holdings Plc CWR.L : Peel Hunt cuts target price to 500p from 550p
* Convatec CTEC.L : Deutsche Bank initiates coverage with buy rating and PT 315p
* Creo Medical Group CREO.L : Deutsche Bank initiates coverage with buy rating and PT
80p
* CVS Group Plc CVSG.L : Deutsche Bank initiates coverage with buy rating and PT 1400p
* DSM-Firmenich DSFIR.AS : Deutsche Bank raises target price to EUR 125 from EUR 120
* Financiere De Tubize TUB.BR : KBC Securities raises PT to EUR 135 from EUR 102;
rating ‘buy’
* Fortum FORTUM.HE : Barclays raises target price to EUR 14 from EUR 13.5
* Gamma Communications GAMA.L : Deutsche Bank initiates coverage with buy rating and
PT 2250p
* Genmab A/S GMAB.CO : TD Cowen raises target price to DKK 2,196 from DKK 2,104
* Getlink GETP.PA : Citigroup raises to buy from neutral; raises PT to EUR 20 from EUR
17
* GN Store Nord A/S GN.CO : Barclays raises target price to DKK 190 from DKK 155
* Hammerson HMSO.L : Barclays cuts target price to 30p from 32p
* Helios Towers Plc HTWS.L : Deutsche Bank initiates coverage with buy rating and PT
265p
* Hikma HIK.L : Deutsche Bank initiates coverage with buy rating and target price
2750p
* Hugo Boss BOSSn.DE : Deutsche Bank cuts target price to EUR 76 from EUR 78
* Hugo Boss AG BOSSn.DE : Morgan Stanley cuts target price to EUR 65 from EUR 70
* ING Groep INGA.AS : Barclays raises target price to EUR 14.8 from EUR 14.5
* ING Groep NV INGA.AS : Berenberg raises target price to EUR 18.5 from EUR 17.5
* ING Groep NV INGA.AS : Morgan Stanley raises target price to EUR 19 from EUR 17.2
* Iomart Group Plc IOMG.L : Deutsche Bank initiates coverage with buy rating and PT
185p
* IP Group Plc IPO.L : Deutsche Bank initiates coverage with buy rating and PT 100p
* IQE Plc IQE.L : Deutsche Bank initiates coverage with buy rating and target price
55p
* JCDecaux JCDX.PA : TD Cowen raises target price to EUR 22 from EUR 21
* Johnson Service Group Plc JSG.L : Peel Hunt raises target price to 168p from 154p
* Johnson Service Group Plc JSG.L : Peel Hunt raises to buy from add
* Julius Baer Gruppe AG BAER.S : Morgan Stanley raises target price to CHF 60 from CHF
59
* Kerry Group Plc KYGa.I : Berenberg raises target price to EUR 115 from EUR 112
* KWS Saat SE & Co KGaA KWSG.DE : Jefferies raises target price to EUR 77 from EUR 74
* Landsec LAND.L : Barclays raises target price to 730p from 700p
* Maersk MAERSKb.CO : Morgan Stanley raises target price to DKK 12,700 from DKK 12,300
* National Grid Plc NG.L : Berenberg raises target price to 1,150p from 1,100p
* Neste Oyj NESTE.HE : Berenberg cuts target price to EUR 27 from EUR 33
* Newriver REIT NRRT.L : Barclays cuts target price to 87p from 90p
* Nexans SA NEXS.PA : Barclays initiates coverage with underweight rating and PT EUR
94
* Niox Group Plc NIOX.L : Deutsche Bank initiates coverage with buy rating and PT 90p
* NKT A/S NKT.CO : Barclays initiates coverage with underweight rating and PT DKK 507
* Oxford Biomedica OXB.L : Deutsche Bank initiates coverage with hold rating and PT
250p
* Oxford Nanopore Technologies ONT.L : Deutsche Bank initiates coverage with buy
rating
* Oxford Nanopore Technologies ONT.L : Deutsche Bank initiates coverage with PT 190p
* Patrizia SE PATGn.DE : Deutsche Bank cuts target price to EUR 11.5 from EUR 12.5
* Pets at Home PETSP.L : Deutsche Bank initiates coverage with buy rating and PT 370p
* Prysmian SpA PRY.MI : Barclays initiates coverage with overweight rating and PT
EUR 58
* Rexel RXL.PA : Berenberg raises target price to EUR 34 from EUR 33
* Safran SA SAF.PA : Morgan Stanley raises target price to EUR 247 from EUR 246
* Schneider Electric SCHN.PA : HSBC raises target price to EUR 210 from EUR 205
* Scout24 G24n.DE : Barclays cuts target price to EUR 80.5 from EUR 81.1
* Scout24 SE G24n.DE : Morgan Stanley cuts target price to EUR 73 from EUR 75
* Serica Energy Plc SQZ.L : Peel Hunt cuts target price to 334p from 347p
* Shell Plc SHEL.L : HSBC raises target price to 3025p from 2850p
* Siemens Energy ENR1n.DE : Deutsche Bank raises target price to EUR 23 from EUR 14
* Siemens Energy ENR1n.DE : Deutsche Bank raises to buy from hold
* Smith+Nephew Plc SN.L : Jefferies cuts target price to 1,250p from 1,300p
* Spire Healthcare Group SPI.L : Deutsche Bank initiates coverage with buy rating and
PT 320p
* Spirent Communications Plc SPT.L : Deutsche Bank initiates coverage with buy rating
* Spirent Communications Plc SPT.L : Deutsche Bank initiates coverage with PT 240p
* SSE SSE.L : Berenberg raises target price to 2,100p from 2,000p
* Standard Chartered Plc STAN.L : Barclays raises target price to 800p from 750p
* Standard Chartered Plc STAN.L : Berenberg raises target price to 1,100p from 1,050p
* Standard Chartered Plc STAN.L : JP Morgan raises target price to 1000p from 900p
* Stellantis N.V. STLAM.MI : Barclays cuts target price to EUR 24 from EUR 28.5
* Straumann STMN.S : Deutsche Bank cuts target price to CHF 120 from CHF 170
* Straumann STMN.S : Deutsche Bank cuts to hold from buy
* Svitzer Group A/S SVITZR.CO : Citigroup initiates with buy rating and DKK 285 PT
* Swedish Orphan Biovitrum SOBIV.ST : Berenberg raises target price to SEK 320 from
SEK 315
* Swisscom SCMN.S : Barclays cuts target price to CHF 500 from CHF 515
* Synairgen Plc SYNG.L : Deutsche Bank initiates coverage with hold rating and PT 8p
* Syncona Limited SYNCS.L : Deutsche Bank initiates coverage with buy rating and PT
205p
* Team17 Group Plc TM17.L : Citigroup cuts target price to 440p from 450p
* Technip Energies NV TE.PA : Morgan Stanley cuts target price to EUR 24.5 from EUR
24.6
* Telecom Plus Plc TEP.L : Deutsche Bank initiates coverage with buy rating and PT
2950p
* Trainline TRNT.L : Berenberg raises target price to 460p from 450p
* Trainline TRNT.L : JP Morgan raises target price to 392p from 359p
* Trident Royalties Plc TRR.L : Liberum cuts target price to 74p from 76p
* Tristel Plc TSTL.L : Deutsche Bank initiates coverage with hold rating and PT 500p
* Truecaller AB TRUEb.ST : Deutsche Bank initiates coverage with buy rating and PT SEK
52
* Tyman Plc TYMN.L : Jefferies cuts to hold from buy; raises PT to 400p from 360p
* UMG UMG.AS : Citigroup raises target price to EUR 32 from EUR 30
* Unicaja Banco SA UNI.MC : Morgan Stanley raises target price to EUR 1.2 from EUR
1.15
* Uniphar Plc UPR.L : Deutsche Bank initiates coverage with buy rating and PT 310p
* Universal Music UMG.AS : Deutsche Bank raises target price to EUR 33 from EUR 32
* Vestas VWS.CO : Barclays cuts target price to DKK 99 from DKK 101
* Vidrala VID.MC : Berenberg raises target price to EUR 116 from EUR 115
* Whitbread WTB.L : Citigroup raises target price to 4800p from 4700p
* Workspace WKP.L : Barclays raises target price to 595p from 550p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))