Europe Research Roundup: AB Foods, Credit Suisse Group AG, Sage Group

Datagroup SE

24/01/2022 07:13

Jan 24 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including AB Foods, Credit Suisse Group AG and Sage Group, on Monday. 
    
    HIGHLIGHTS  
     * AB Foods  ABF.L : RBC cuts to sector perform from outperform
     * Credit Suisse Group AG  CSGN.S : Barclays cuts to underweight from overweight
     * Halma  HLMA.L : HSBC cuts to reduce from hold
     * Sage Group  SGE.L : Redburn raises to buy
     * UBS Group AG  UBSG.S : Barclays raises to equal weight from underweight
    
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * AB Foods  ABF.L : RBC cuts to sector perform from outperform
     * Admicom Oyj  ADMCM.HE : Inderes cuts target price to EUR 80.0 from EUR 87.0l accumulate
     * Aegon NV  AEGN.AS : Deutsche Bank raises target price to EUR 5 from EUR 4.5
     * Allianz SE  ALVG.DE : Jefferies raises target price to EUR 265 from EUR 250
     * Antofagasta  ANTO.L : Morgan Stanley cuts target price to 1200p from 1300p
     * Antofagasta  ANTO.L : RBC cuts target price to 1400p from 1450p
     * Arkema SA  AKE.PA : Jefferies raises target price to EUR 154 from EUR 137
     * Barratt  BDEV.L : Jefferies cuts to hold from buy, cuts target price to 644p from 851p
     * Beazley  BEZG.L : Berenberg raises target price to 600p from 490p
     * Bellway Plc  BWY.L : Jefferies cuts to hold from buy, cuts PT to 3339p from 4187p
     * Berkeley Group  BKGH.L : Jefferies cuts to hold from buy, cuts PT to 4703p from 6212p
     * Close Brothers Group Plc  CBRO.L : Peel Hunt cuts target price to 1644p from 1660p
     * Compagnie Des Alpes SA  CDAF.PA : Berenberg raises target price to EUR 20 from EUR 19
     * Compagnie Financiere Richemont SA  CFR.S : Citigroup raises PT to CHF 178 from CHF 161
     * Conduit Holdings Ltd  CRE.L : Berenberg raises target price to 640p from 620p
     * Countryside Properties Plc  CSPC.L : Jefferies cuts target price to 494p from 566p
     * Covestro AG  1COV.DE : Morgan Stanley cuts target price to EUR 68 from EUR 70
     * Credit Suisse Group AG  CSGN.S : Barclays cuts to underweight from overweight
     * Credit Suisse Group AG  CSGN.S : Barclays cuts target price to CHF 9 from CHF 12.50
     * Crest Nicholson Holdings Plc  CRST.L : Jefferies cuts target price to 433p from 506p
     * Daimler Truck Holding AG  DTGGe.DE : HSBC initiates with buy rating; target price EUR 41
     * Datagroup SE  D6HG.DE : Berenberg raises target price to EUR 110 from EUR 93
     * EDF  EDF.PA : Bernstein cuts to market-perform from outperform
     * EDF  EDF.PA : Bernstein cuts target price to EUR 8.50 from EUR 14.50
     * EDF  EDF.PA : Bernstein cuts to Market-Perform, cites risk of further outages
     * Ferrexpo  FXPO.L : Peel Hunt cuts to hold from buy; cuts target price to 270p from 375p
     * Gsk  GSK.L : Citigroup raises price target to 1700p from 1600p
     * Halma  HLMA.L : HSBC cuts to reduce from hold
     * Handelsbanken  SHBa.ST : Citigroup raises price target to SEK 113 from SEK 110
     * Hannover Rueck SE  HNRGn.DE : Credit Suisse cuts to neutral from outperform
     * Hannover Rueck SE  HNRGn.DE : Credit Suisse raises target price to EUR 185 from EUR 177
     * Heineken NV  HEIN.AS : Credit Suisse raises target price to EUR 130 from EUR 122
     * Hiscox  HSX.L : Berenberg raises target price to 1045p from 970p
     * Just Group  JUSTJ.L : Deutsche Bank raises target price to 113p from 105p
     * Kenmare Resources Plc  KMR.L : Peel Hunt cuts target price to 620p from 645p
     * Koninklijke Ahold Delhaize NV  AD.AS : BNP Paribas Exane cuts to underperform from neutral
     * Kps AG  HACGn.DE : Berenberg cuts target price to EUR 5 from EUR 5.5
     * Lancashire Holdings  LRE.L : Berenberg raises target price to 760p from 730p
     * Medacta Group SA  MOVE.S : Credit Suisse cuts target price to CHF 129 from CHF 139
     * Munich Re  MUVGn.DE : Credit Suisse raises target price to EUR 253 from EUR 241
     * NN Group NV  NN.AS : HSBC cuts to hold from buy
     * NN Group NV  NN.AS : HSBC raises target price to EUR 54 from EUR 53
     * Nordea Bank Abp  NDASE.ST : Citigroup raises price target to SEK 123 from SEK 120
     * Ocado  OCDO.L : Morgan Stanley cuts target price to 2649p from 2825p
     * Persimmon  PSN.L : Jefferies cuts target price to 3264p from 3604p
     * Redrow Plc  RDW.L : Jefferies cuts target price to 796p from 942p
     * Robert Walters Plc  RWA.L : Credit Suisse raises target price to 880p from 815p
     * Sage Group  SGE.L : Redburn raises to buy
     * Sainsbury  SBRY.L : Berenberg raises target price to 285p from 275p
     * Schaeffler AG  SHA_p.TG : Citigroup cuts price target to EUR 7.3 from EUR 7.5
     * Schibsted ASA  SCHA.OL : Morgan Stanley cuts target price to NOK 470 from NOK 477
     * Siemens Energy AG  ENR1n.DE : HSBC cuts to hold rating; cuts PT to EUR 20 from EUR 30
     * Siemens Gamesa  SGREN.MC : Deutsche Bank raises to buy from hold
     * Siemens Gamesa  SGREN.MC : HSBC cuts target price to EUR 17 from EUR 23
     * Swiss Re AG  SRENH.S : Credit Suisse raises to outperform from neutral
     * Swiss Re AG  SRENH.S : Credit Suisse raises target price to CHF 111 from CHF 98
     * Taylor Wimpey  TW.L : Jefferies cuts target price to 202p from 229p
     * TCS Group Holding  TCSq.L : Renaissance Capital cuts PT to $94 from $109; keeps buy
     * Topdanmark  TOP.CO : Berenberg raises target price to DKK 375 from DKK 336
     * Topdanmark  TOP.CO : Credit Suisse raises target price to DKK 309 from DKK 278
     * Travis Perkins  TPK.L : Barclays raises target price to 1545p from 1375p
     * UBS Group AG  UBSG.S : Barclays raises to equal weight from underweight
     * UBS Group AG  UBSG.S : Barclays raises target price to CHF 18 from CHF 16.50
     * UCB SA  UCB.BR : Deutsche Bank cuts to hold from buy; cuts PT to EUR 95 from EUR 115
     * Ultra Electronics Holdings Plc  ULE.L : Barclays raises target price to 2350p from 2200p
     * Umg  UMG.AS : Barclays cuts target price to EUR 21.25 from EUR 22.80
     * Visiativ SA  ALVIV.PA : Kepler Cheuvreux initiates with buy rating; target price EUR 39
     * Vistry Group Plc  VTYV.L : Jefferies cuts target price to 1345p from 1513p
     * Zur Rose Group AG  ROSEG.S : Berenberg cuts target price to CHF 230 from CHF 400
    

 (Compiled by Bengaluru Newsroom)
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