Europe Research Roundup: Geberit, Mondi, Vicat

CRH

06/07/2023 08:16

July 6 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Geberit, Mondi and Vicat, on Thursday. 
    
    HIGHLIGHTS
                 * Geberit  GEBN.S : HSBC cuts to reduce from hold 
 
                 * Heidelberg Materials  HEIG.DE : HSBC cuts to hold from buy     
 
                 * Kingspan Group Plc  KSP.L : HSBC cuts to hold from buy     
 
                 * Mondi  MNDI.L : JP Morgan raises to overweight from neutral 
 
                 * Vicat  VCTP.PA : HSBC raises to hold from reduce         
 
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
                 * About You Holding SE  YOUG.DE : Jefferies cuts target price to EUR 7.50 from EUR 9.50 
 
                 * Adidas AG  ADSGn.DE : RBC raises target price to EUR 165 from EUR 160 
 
                 * Alfen NV  ALFEN.AS : Jefferies cuts target price to EUR 50 from EUR 58 
 
                 * Amundi SA  AMUN.PA : Credit Suisse cuts target price to EUR 63 from EUR 64 
 
                 * Amundi SA  AMUN.PA : JP Morgan cuts target price to EUR 71.2 from EUR 73.4 
 
                 * Andritz AG  ANDR.VI : JP Morgan cuts target price to EUR 65 from EUR 70 
 
                 * Anheuser Busch Inbev SA  ABI.BR : Credit Suisse cuts target price to EUR 55 from EUR 62 
 
                 * Argan SA  ARGAN.PA : Berenberg initiates coverage with hold rating; price target EUR 82 
 
                 * BNP Paribas  BNPP.PA : JP Morgan cuts target price to EUR 68 from EUR 69 
 
                 * Buzzi Unicem  BZU.MI : HSBC raises target price to EUR 24 from EUR 22 
 
                 * CRH Plc  CRH.I : HSBC raises target price to EUR 64 from EUR 60 
 
                 * Ctp NV  CTPNV.AS : Berenberg initiates coverage with buy rating; price target EUR 14.5 
 
                 * DWS Group Gmbh & Co KGaA  DWSG.DE : Credit Suisse cuts target price to EUR 30 from EUR
 31 
 
                 * Euronext NV  ENX.PA : Credit Suisse cuts target price to EUR 84 from EUR 88 
 
                 * Geberit  GEBN.S : HSBC cuts target price to CHF 419 from CHF 483 
 
                 * Geberit  GEBN.S : HSBC cuts to reduce from hold 
 
                 * Heidelberg Materials  HEIG.DE : HSBC cuts to hold from buy 
 
                 * Heidelberg Materials  HEIG.DE : HSBC raises target price to EUR 81 from EUR 76 
 
                 * Holcim  HOLN.S : HSBC raises target price to CHF 70 from CHF 69.01 
 
                 * Intesa Sanpaolo SpA  ISP.MI : JP Morgan cuts target price to EUR 3.2 from EUR 3.3 
 
                 * Kingspan Group Plc  KSP.L : HSBC cuts target price to EUR 64 from EUR 73 
 
                 * Kingspan Group Plc  KSP.L : HSBC cuts to hold from buy 
 
                 * Legrand  LEGD.PA : JP Morgan raises target price to EUR 96 from EUR 93 
 
                 * Man Group Plc  EMG.L : JP Morgan raises target price to 297p from 293p 
 
                 * Mondi  MNDI.L : JP Morgan cuts target price to 1355p from 1606p 
 
                 * Mondi  MNDI.L : JP Morgan raises to overweight from neutral 
 
                 * Nexans  NEXS.PA : JP Morgan raises target price to EUR 93 from EUR 89 
 
                 * Pennon Group Plc  PNN.L : Morgan Stanley cuts target price to 850p from 940p 
 
                 * Publicis Groupe  PUBP.PA : HSBC cuts target price to EUR 85 from EUR 92 
 
                 * Reckitt Benckiser  RKT.L : HSBC cuts target price to 7600p from 7900p 
 
                 * Rockwool  ROCKB.CO : HSBC cuts target price to DKK 2000 from DKK 2200 
 
                 * Saint-Gobain  SGOB.PA : HSBC cuts target price to EUR 75 from EUR 85 
 
                 * Schroders  SDR.L : Credit Suisse cuts target price to 450p from 470p 
 
                 * Severn Trent  SVT.L : Morgan Stanley cuts target price to 3,160p from 3,290p 
 
                 * Sika  SIKA.S : HSBC cuts target price to CHF 350 from CHF 390 
 
                 * Smiths Group  SMIN.L : RBC raises target price to 1775p from 1650p 
 
                 * Smiths Group  SMIN.L : RBC raises to sector perform from underperform 
 
                 * Smurfit Kappa  SKG.I : JP Morgan cuts target price to EUR 36 from EUR 38 
 
                 * Smurfit Kappa  SKG.I : JP Morgan raises to overweight from neutral 
 
                 * Smurfit Kappa  SKG.L : JP Morgan cuts target price to 3100p from 3400p 
 
                 * Smurfit Kappa  SKG.L : JP Morgan raises to overweight from neutral 
 
                 * Societe Generale SA  SOGN.PA : JP Morgan cuts target price to EUR 30 from EUR 31 
 
                 * Teleperformance  TEPRF.PA : HSBC cuts target price to EUR 250 from EUR 280 
 
                 * U Blox Holding AG  UBXN.S : Baader Helvea cuts target price to CHF 139 from CHF 160 
 
                 * U Blox Holding AG  UBXN.S : Baader Helvea raises to buy from add 
 
                 * United Utilities  UU.L : Morgan Stanley raises target price to 1,220p from 1,040p 
 
                 * United Utilities  UU.L : Morgan Stanley raises to overweight from equal-weight 
 
                 * Vicat  VCTP.PA : HSBC raises target price to EUR 27 from EUR 22 
 
                 * Vicat  VCTP.PA : HSBC raises to hold from reduce 
 
                 * Wdp  WDPP.BR : Berenberg initiates coverage with hold rating; price target EUR 28 
 
                 * Wienerberger AG  WBSV.VI : HSBC cuts target price to EUR 33 from EUR 36 
 
                 * Wizz Air  WIZZ.L : JP Morgan raises target price to 4,250p from 4,050p 
 
                 * WPP Group  WPP.L : HSBC cuts target price to 1130p from 1300p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))