Europe Research Roundup: Ageas SA, Melrose Industries, Vestas

Deutsche Euroshop AG

11/09/2023 08:19

Sept 11 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Ageas SA, Melrose Industries and Vestas, on Monday. 

    HIGHLIGHTS  
                 * Ageas SA  AGES.BR : JP Morgan raises to neutral from underweight
 
                 * Deutsche Euroshop AG  DEQGn.DE : Baader Helvea raises to add from reduce 
 
                 * Melrose Industries  MRON.L : RBC cuts to sector perform from outperform
 
                 * Siemens AG  SIEGn.DE : Barclays initiates coverage with underweight rating 
 
                 * Vestas  VWS.CO : HSBC raises to hold from reduce 
 
 
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.

                 * Ageas SA  AGES.BR : JP Morgan raises to neutral from underweight
 
                 * Ageas SA  AGES.BR : JP Morgan raises target price to EUR 42 from EUR 40 
 
                 * Alfa Laval AB  ALFA.ST : HSBC cuts target price to SEK 455 from SEK 470 
 
                 * Assa Abloy  ASSAb.ST : HSBC cuts target price to SEK 290 from SEK 305 
 
                 * Atlas Copco  ATCOa.ST : HSBC cuts target price to SEK 140 from SEK 150 
 
                 * Convatec Group Plc  CTEC.L : Bernstein raises target price to 285p from 265p 
 
                 * Deutsche Euroshop AG  DEQGn.DE : Baader Helvea cuts target price to EUR 21.5 from EUR
 23 
 
                 * Deutsche Euroshop AG  DEQGn.DE : Baader Helvea raises to add from reduce 
 
                 * Hexagon AB  HEXAb.ST : HSBC cuts target price to SEK 100 from SEK 130 
 
                 * Italy'S Prysmian  PRY.MI : HSBC cuts target price to EUR 43 from EUR 45 
 
                 * Kone Oyj  KNEBV.HE : HSBC cuts target price to EUR 44 from EUR 52 
 
                 * Legrand  LEGD.PA : HSBC cuts target price to EUR 84 from EUR 85 
 
                 * Melrose Industries  MRON.L : RBC cuts to sector perform from outperform
 
                 * Melrose Industries  MRON.L : RBC raises price target to 540p from 525p 
 
                 * Orsted A/S  ORSTED.CO : HSBC cuts target price to DKK 600 from DKK 760 
 
                 * Partners Group Holding AG  PGHN.S : JP Morgan raises target to CHF 978 from CHF 872.7 
 
                 * Pirelli & C SpA  PIRC.MI : JP Morgan raises target price to EUR 6.5 from EUR 5.8 
 
                 * Sandvik  SAND.ST : HSBC cuts target price to SEK 240 from SEK 260 
 
                 * Schneider Electric  SCHN.PA : HSBC raises target price to EUR 185 from EUR 180 
 
                 * Siemens AG  SIEGn.DE : Barclays initiates coverage with underweight rating 
 
                 * Siemens AG  SIEGn.DE : Barclays initiates coverage with target price EUR 122 
 
                 * Siemens AG  SIEGn.DE : HSBC cuts target price to EUR 145 from EUR 190 
 
                 * Siemens AG  SIEGn.DE : HSBC cuts to hold from buy 
 
                 * SKF  SKFb.ST : HSBC cuts target price to SEK 195 from SEK 200 
 
                 * Standard Chartered Plc  STAN.L : Jefferies raises target price to 1,020p from 1,010p 
 
                 * Vestas  VWS.CO : HSBC raises to hold from reduce 
 
                 * Volvo  VOLVb.ST : HSBC cuts target price to SEK 210 from SEK 215 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))