Europe Research Roundup: Adidas, Carnival, Siemens

Deutz AG

24/07/2023 08:06

July 24 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Adidas, Carnival and Siemens, on Monday. 
    
    HIGHLIGHTS  
     * Adidas AG  ADSGn.DE : JP Morgan raises target price to EUR 195 from EUR 185
     * Carnival  CCL.L : Peel Hunt raises target price to 1,400p from 840p
     * Entain  ENT.L : Peel Hunt cuts target price to 1,700p from 1,900p
     * Siemens AG  SIEGn.DE : HSBC raises target price to EUR 105 from EUR 100
     * Swiss Life Holding AG  SLHN.S : HSBC cuts target price to CHF 585 from CHF 605
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
  
     * ABB Ltd  ABBN.S : JP Morgan raises target price to CHF 32 from CHF 31
     * Acciona Energia  ANE.MC : HSBC cuts target price to EUR 33 from EUR 37
     * Adidas AG  ADSGn.DE : JP Morgan raises target price to EUR 195 from EUR 185
     * Barratt  BDEV.L : Jefferies cuts target price to 492p from 501p
     * Bavarian Nordic A/S  BAVA.CO : Jefferies cuts target price to DKK 245 from DKK 325
     * Berkeley Group  BKGH.L : Jefferies raises target price to 4,639p from 4,474p
     * BHP  BHPB.L : Citigroup raises price target to 1,700p from 1,400p
     * Carnival  CCL.L : Peel Hunt raises target price to 1,400p from 840p
     * Cembra Money Bank AG  CMBN.S : Credit Suisse cuts target price to CHF 90 from CHF 93
     * Close Brothers Group Plc  CBRO.L : RBC cuts target price to 1,150p from 1,175p
     * Compagnie Financiere Richemont SA  CFR.S : Credit Suisse cuts PT to CHF 48 from CHF 52
     * Deutz  DEZG.DE : HSBC cuts target price to EUR 6 from EUR 6.8
     * Deutz  DEZG.DE : HSBC cuts to hold from buy
     * Diploma Plc  DPLM.L : HSBC raises target price to 3,580p from 3,450p
     * Drax Group Plc  DRX.L : Credit Suisse cuts target price to 305p from 325p
     * Drax Group Plc  DRX.L : Credit Suisse raises to outperform from neutral
     * DSM-Firmenich AG  DSFIR.AS : Jefferies cuts target price to EUR 136 from EUR 137
     * E ON SE  EONGn.DE : HSBC raises target price to EUR 12.6 from EUR 12.2
     * EasyJet  EZJ.L : Peel Hunt raises target price to 850p from 770p
     * EDPR  EDPR.LS : HSBC cuts target price to EUR 24 from EUR 25.5
     * Encavis AG  ECVG.DE : HSBC cuts target price to EUR 20 from EUR 23
     * Energias De Portugal  EDP.LS : HSBC cuts target price to EUR 5.9 from EUR 6
     * Entain  ENT.L : Peel Hunt cuts target price to 1,700p from 1,900p
     * Experian  EXPN.L : Jefferies raises target price to 2,880p from 2,650p
     * Experian  EXPN.L : Credit Suisse raises target price to 2,660p from 2,200p
     * Experian  EXPN.L : RBC cuts to sector perform from outperform
     * Experian  EXPN.L : RBC raises target price to 2,700p from 2,500p
     * Fevertree Drinks Plc  FEVR.L : JP Morgan raises target price to 1,400p from 1,200p
     * Gecina SA  GFCP.PA : Citigroup cuts price target to EUR 74.9 from EUR 77.4
     * Glencore  GLEN.L : Credit Suisse cuts target price to 525p from 550p
     * Go-Ahead Group Plc  GOG.L : RBC cuts target price to 1,230p from 2,050p
     * Homeserve Plc  HSV.L : Citigroup cuts price target to 1410p from 1455p
     * Howden Joinery  HWDN.L : JP Morgan raises target price to 680p from 610p
     * Howden Joinery  HWDN.L : Peel Hunt raises target price to 795p from 770p
     * Iberdrola  IBE.MC : HSBC raises target price to EUR 12.7 from EUR 12.4
     * Imperial Brands  IMB.L : Jefferies cuts target price to 1,700p from 1,900p
     * Interroll Holding AG  INRN.S : Jefferies raises target price to CHF 2,200 from CHF 2,100
     * Kardex Holding AG  KARN.S : Jefferies raises target price to CHF 245 from CHF 200
     * Kistos Holdings Plc  KIST.L : Berenberg raises target price to 480p from 420p
     * Orsted A/S  ORSTED.CO : HSBC raises target price to DKK 760 from DKK 720
     * Ren Redes Energeticas Nacionais SA  RENE.LS : JP Morgan raises PT to EUR 2.83 from EUR 2.72
     * Restaurant Group Plc  RTN.L : Jefferies raises target price to 60p from 50p
     * Salzgitter AG  SZGG.DE : Citigroup cuts price target to EUR 12 from EUR 12.5
     * Sartorius AG  SATG.DE : JP Morgan cuts target price to EUR 365 from EUR 375
     * Sartorius AG  SATG_p.DE : JP Morgan cuts target price to EUR 405 from EUR 415
     * Severfield Plc  SFR.L : Peel Hunt raises target price to 110p from 100p
     * Siemens AG  SIEGn.DE : HSBC raises target price to EUR 105 from EUR 100
     * Signature Aviation Plc  SIGSI.L : Citigroup raises price target to 228p from 190p
     * Snam  SRG.MI : HSBC raises target price to EUR 5.2 from EUR 5.1
     * SSAB AB  SSABa.ST : JP Morgan cuts target price to SEK 72 from SEK 74
     * SSAB AB  SSABb.ST : JP Morgan cuts target price to SEK 64 from SEK 66
     * Stora Enso Oyj  STERV.HE : Jefferies cuts target price to EUR 15 from EUR 16
     * Swiss Life Holding AG  SLHN.S : HSBC cuts target price to CHF 585 from CHF 605
     * Temenos AG  TEMN.S : Jefferies raises target price to CHF 75 from CHF 70
     * Temenos AG  TEMN.S : JP Morgan raises target price to CHF 78 from CHF 76
     * Thales  TCFP.PA : JP Morgan cuts target price to EUR 165 from EUR 170
     * Vistry Group Plc  VTYV.L : Jefferies raises target price to 923p from 880p
     * Warehouse REIT Plc  WHRW.L : Peel Hunt raises target price to 125p from 115p
     * Watkin Jones Plc  WJG.L : Jefferies raises target price to 45p from 27p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))