Europe Research Roundup: Burberry, Deutsche Euroshop, Nemetschek

Deutsche Euroshop AG

21/09/2020 07:52

Sept 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Burberry, Deutsche Euroshop AG and Nemetschek SE, on Monday. 
    
    HIGHLIGHTS  
     * Burberry  BRBY.L : RBC raises to sector perform from underperform
     * Deutsche Euroshop AG  DEQGn.DE : Baader Helvea cuts to add from buy
     * IG Group  IGG.L : RBC raises target price to 880p from 860p
     * Generali  GASI.MI : Kepler Cheuvreux raises to buy from hold
     * Nemetschek SE  NEKG.DE : Goldman Sachs starts with buy rating; price target EUR 77
    
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
    
     * 1&1 Drillisch AG  DRIG.DE : Citigroup cuts price target to EUR 23 from EUR 28
     * 1&1 Drillisch AG  DRIG.DE : Citigroup cuts to neutral from buy
     * Adyen NV  ADYEN.AS : Independent Research starts with hold; target price EUR 1600.00
     * Aegon NV  AEGN.AS : RBC cuts price target to EUR 2.50 from EUR 3
     * Alrosa  ALRS.MM :VTB Capital upgrades to buy from hold;increases PT to RUB 100 from RUB 72
     * Assa Abloy AB  ASSAb.ST : Deutsche Bank raises target price to SEK 230 from SEK 225
     * Atresmedia  A3M.MC : JP Morgan raises target price to EUR 3.10 from EUR 2.90
     * Aveva  AVV.L : Citigroup raises price target to 5000p from 3800p
     * Bankia  BKIA.MC : Citigroup raises price target to EUR 1.45 from EUR 1.35
     * Bankia  BKIA.MC : Deutsche Bank raises target price to EUR 1.45 from EUR 1.30
     * Bankia  BKIA.MC : HSBC raises target price to EUR 1.68 from EUR 1.65
     * Bilia  BILIa.ST : Kepler Cheuvreux raises target price to SEK 130 from SEK 110
     * BP  BP.L : UBS cuts target price to 340p from 370p
     * Burberry  BRBY.L : RBC raises price target to 1620p from 1450p
     * Burberry  BRBY.L : RBC raises to sector perform from underperform
     * Caixabank  CABK.MC : Citigroup raises price target to EUR 2.15 from EUR 2
     * Caixabank  CABK.MC : Deutsche Bank raises target price to EUR 2.70 from EUR 2.55
     * Caixabank  CABK.MC : HSBC raises target price to EUR 2.46 from EUR 2.43
     * Covestro AG  1COV.DE : Credit Suisse raises price target to EUR 51.50 from EUR 44
     * Deutsche Euroshop AG  DEQGn.DE : Baader Helvea cuts target price to EUR 13 from EUR 30
     * Deutsche Euroshop AG  DEQGn.DE : Baader Helvea cuts to add from buy
     * Edpr  EDPR.LS : RBC raises price target to EUR 16 from EUR 13
     * Euskaltel SA  EKTL.MC : Morgan Stanley raises price target to EUR 9 from EUR 8.50
     * Exor NV  EXOR.MI : Kepler Cheuvreux raises target price to EUR 65 from EUR 63
     * First Derivatives Plc  FDPF.L : Citigroup cuts price target to 3900p from 3950p
     * Generali  GASI.MI : Kepler Cheuvreux raises price target to EUR 16.60 from EUR 14.80
     * Generali  GASI.MI : Kepler Cheuvreux raises to buy from hold
     * Grieg Seafood ASA  GRIA.OL : Kepler Cheuvreux cuts target price to NOK 140 from NOK 145
     * H&M  HMb.ST : Jefferies raises target price to SEK 155 from SEK 140
     * Hunting Plc  HTG.L : Credit Suisse cuts target price to 190p from 230p
     * IG Group  IGG.L : RBC raises target price to 880p from 860p
     * IMCD NV  IMCD.AS : HSBC raises price target to EUR 125 from EUR 76
     * IMCD NV  IMCD.AS : HSBC raises to buy from hold
     * Ipsen SA  IPN.PA : Kepler Cheuvreux cuts to reduce from hold
     * Ipsen SA  IPN.PA : Kepler Cheuvreux raises target price to EUR 78 from EUR 70
     * Ipsen SA  IPN.PA : Midcap Partners raises PT to EUR 103 from EUR 94; rating "buy"
     * Ipsen SA  IPN.PA : UBS raises target price to EUR 110 from EUR 101
     * Italy'S Prysmian  PRY.MI : HSBC raises target price to EUR 29 from EUR 22
     * J D Wetherspoon  JDW.L : Morgan Stanley cuts price target to 940p from 1390p
     * J D Wetherspoon  JDW.L : Morgan Stanley raises to equal weight from underweight
     * Kesko OYJ  KESKOB.HE : Inderes raises PT to EUR 21.00 from EUR 17.00; rating recude
     * Koninklijke Philips NV  PHG.AS : Independent Research cuts PT to EUR 42.00; rating hold
     * Lancashire Holdings  LRE.L : HSBC raises target price to 790p from 754p
     * Lukoil  LLOHyq.L : HSBC cuts target price to $68 from $76
     * Marimekko Oyj  MMO1V.HE : Evli raises price target to EUR 42 from EUR 32
     * Marimekko Oyj  MMO1V.HE : Evli raises to buy from hold
     * Marimekko Oyj  MMO1V.HE : Inderes raises PT to EUR 40.00 from EUR 33.00; rating increase
     * Mediobanca  MDBI.MI : Kepler Cheuvreux raises target price to EUR 9.3 from EUR 8.9
     * Merck KGaA  MRCG.DE : Deutsche Bank ups to buy from hold; ups PT to EUR 146 from EUR 110
     * Mitchells & Butlers  MAB.L : Stifel cuts target price to 150p from 240p
     * Nemetschek SE  NEKG.DE : Goldman Sachs starts with buy rating; price target EUR 77
     * Neoen SA  NEOEN.PA : Kepler Cheuvreux raises target price to EUR 40 from EUR 34
     * Neste Oyj  NESTE.HE : Morgan Stanley raises price target to EUR 56.50 from EUR 43.50
     * Nexans  NEXS.PA : HSBC raises target price to EUR 56 from EUR 47
     * Nextstage SCA  NEXTS.PA : Portzamparc raises target price to EUR 101.1 from EUR 87
     * Nextstage SCA  NEXTS.PA : Portzamparc raises to "Accumulate" from "hold"
     * Remy Cointreau  RCOP.PA : Barclays raises target price to EUR 160 from EUR 155
     * Rentokil  RTO.L : UBS initiates with sell rating and 460p price target
     * Rosneft  ROSNq.L : HSBC cuts target price to $5.5 from $5.6
     * RWE AG  RWEG.DE : Barclays raises target price to EUR 40 from EUR 35
     * Softwareone Holding AG  SWON.S : Citigroup raises price target to CHF 28.4 from CHF 24.4
     * Stillfront Group AB (Publ)  SFRG.ST : Kepler Cheuvreux raises PT to SEK 1150 from SEK 960
     * Synergie SE  SDGI.PA : Kepler Cheuvreux raises target price to EUR 25 from EUR 21
     * Tatneft  TATNxq.L : HSBC cuts target price to $42 from $59
     * Uniper SE  UN01.DE : Barclays cuts target price to EUR 27 from EUR 27.50
     * Valbiotis SA  ALVAL.PA : Portzamparc raises PT to EUR 14.7 from EUR 10.5; rating "buy"
     * Voltalia SA  VLTSA.PA : Kepler Cheuvreux raises target price to EUR 20 from EUR 16.5
     * Wood Plc  WG.L : JP Morgan cuts target price to 380p from 400p
 
 (Compiled by Bengaluru Newsroom)
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