Europe Research Roundup: Barclays, Coloplast, Soitec

Deutz AG

12/05/2023 11:14

May 12 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Barclays, Coloplast and Soitec, on Friday. 
    
    HIGHLIGHTS
     * Acerinox SA  ACX.MC : Morgan Stanley raises to overweight from equal weight 
     * Barclays  BARC.L : RBC raises to outperform from sector perform 
     * Coloplast  COLOb.CO : JP Morgan cuts to underweight from neutral     
     * Soitec SA  SOIT.PA : JP Morgan cuts to underweight from neutral 
     * Wdp  WDPP.BR : RBC raises to sector perform from underperform         
 
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
                 * 1&1 AG  1U1.DE : Goldman Sachs cuts target price to EUR 13.5 from EUR 15.3 
 
                 * Acerinox SA  ACX.MC : Morgan Stanley raises target price to EUR 12.8 from EUR 10.8 
 
                 * Acerinox SA  ACX.MC : Morgan Stanley raises to overweight from equal weight 
 
     * Air France-KLM  AIRF.PA : JP Morgan raises target price to EUR 2.4 from EUR 2.3 
     * Air Liquide SA  AIRP.PA : HSBC raises target price to EUR 158 from EUR 156 
                 * Aktia Bank ABP  AKTIA.HE : Inderes cuts target to EUR 10.5 from EUR 11.0; rating
 accumulate 
 
                 * Alstom  ALSO.PA : Citigroup cuts price target to EUR 33 from EUR 35 
 
                 * Amplifon SpA  AMPF.MI : Bernstein initiates coverage with outperform rating  
 
                 * Amplifon SpA  AMPF.MI : Bernstein initiates coverage with EUR 41.5 target price
 
                 * Ams AG  AMS.S : UBS cuts target price to CHF 6.6 from CHF 7.9 
 
                 * Aperam SA  APAM.AS : Morgan Stanley cuts target price to EUR 42 from EUR 47 
 
                 * Aperam SA  APAM.AS : Morgan Stanley cuts to equal weight from overweight 
 
                 * ArcelorMittal SA  MT.AS : Morgan Stanley cuts target price to EUR 35.5 from EUR 36.5 
 
                 * Asos Plc  ASOS.L : Berenberg cuts target price to 1000p from 1200p 
 
                 * Asos Plc  ASOS.L : Jefferies cuts target price to 500p from 750p 
 
     * Asos Plc  ASOS.L : Peel Hunt cuts target price to 550p from 750p 
     * Banco Bpm  BAMI.MI : HSBC raises target price to EUR 5.5 from EUR 4.95 
     * Barclays  BARC.L : RBC raises target price to 230p from 215p 
     * Barclays  BARC.L : RBC raises to outperform from sector perform 
                 * Barratt  BDEV.L : Berenberg raises target price to 552p from 440p 
 
                 * Barry Callebaut AG  BARN.S : Citigroup cuts price target to CHF 2350 from CHF 2400 
 
     * Bayer AG  BAYGn.DE : Jefferies cuts target price to EUR 68 from EUR 70 
                 * Beazley  BEZG.L : JP Morgan raises target price to 850p from 835p 
 
                 * Bellway Plc  BWY.L : Berenberg raises target price to 2700p from 2200p 
 
                 * Berkeley Group  BKGH.L : Berenberg raises target price to 5100p from 4500p 
 
     * Bouygues  BOUY.PA : HSBC raises target price to EUR 40 from EUR 37 
     * BPER Banca  EMII.MI : HSBC raises target price to EUR 4.6 from EUR 3.7 
                 * Caixabank  CABK.MC : Deutsche Bank raises target price to EUR 4.4 from EUR 4.35 
 
     * Coloplast  COLOb.CO : JP Morgan cuts target price to DKK 775 from DKK 800 
     * Coloplast  COLOb.CO : JP Morgan cuts to underweight from neutral 
     * Coloplast A/S  COLOb.CO : Barclays cuts target price to DKK 830 from DKK 840 
                 * Compass Group  CPG.L : UBS raises target price to 2200p from 2055p 
 
                 * Credit Agricole SA  CAGR.PA : Deutsche Bank raises target price to EUR 12.7 from EUR
 12.3 
 
                 * Crest Nicholson Holdings Plc  CRST.L : Berenberg raises target price to 310p from 220p 
 
                 * Crest Nicholson Holdings Plc  CRST.L : Berenberg raises to buy from hold 
 
                 * Demant A/S  DEMANT.CO : Bernstein initiates coverage with outperform rating 
 
                 * Demant A/S  DEMANT.CO : Bernstein initiates coverage with DKK 330 target price 
 
                 * Deutsche Telekom AG  DTEGn.DE : Barclays raises target price to EUR 26 from EUR 25.5 
 
                 * Deutsche Telekom AG  DTEGn.DE : Citigroup cuts price target to EUR 26 from EUR 26.4 
 
                 * Deutz AG  DEZG.DE : Berenberg raises target price to EUR 6.40 from EUR 6.30 
 
     * Diageo  DGE.L : Jefferies cuts to hold from buy; cuts target price to 3800p from 4000p 
                 * Dowlais Group Plc  DWL.L : Stifel initiates coverage with buy rating and 175p target
 price 
 
                 * Elisa Oyj  ELISA.HE : UBS raises target price to EUR 56 from EUR 52 
 
                 * Engie  ENGIE.PA : Deutsche Bank raises target price to EUR 17 from EUR 16.5 
 
                 * Equasens SA  EQSE.PA : Stifel raises target price to EUR 86 from EUR 85 
 
                 * Eurocell Plc  ECEL.L : Berenberg cuts target price to 220p from 250p 
 
                 * Eurocell Plc  ECEL.L : Peel Hunt cuts target price to 180p from 205p 
 
                 * Finecobank Banca Fineco SpA  FBK.MI : Morgan Stanley cuts PT to EUR 18.2 from EUR 18.5 
 
     * Firstgroup Plc  FGP.L : RBC cuts target price to 160p from 165p
                 * Fluidra SA  FLUI.MC : Berenberg raises target price to EUR 20.5 from EUR 20 
 
                 * Fortum Oyj  FORTUM.HE : Inderes raises to buy from accumulate; PT to EUR 16 from EUR 15 
 
                 * Geberit AG  GEBN.S : Citigroup starts coverage with sell rating; target price CHF 420 
 
                 * Genmab A/S  GMAB.CO : Morgan Stanley initiates coverage with underweight rating
 
                 * Genmab A/S  GMAB.CO : Morgan Stanley initiates coverage with target price DKK 2,235 
 
                 * GN Store Nord  GN.CO : Bernstein initiates coverage with market-perform rating 
 
                 * GN Store Nord  GN.CO : Bernstein initiates coverage with DKK 175 target price 
 
                 * Hannover Rueck SE  HNRGn.DE : Berenberg raises target price to EUR 200 from EUR 190 
 
                 * Hannover Rueck SE  HNRGn.F : HSBC raises target price to EUR 196 from EUR 192 
 
                 * Hapag Lloyd AG  HLAG.DE : HSBC cuts target price to EUR 120 from EUR 180 
 
                 * Hapag-Lloyd  HLAG.DE : Deutsche Bank cuts target price to EUR 150 from EUR 167 
 
     * Heidelberg Materials  HEIG.DE : JP Morgan raises target price to EUR 66 from EUR 57 
                 * Heidelberg Materials  HEIG.DE : Morgan Stanley raises target price to EUR 77 from EUR 73
 
                 * Inchcape  INCH.L : HSBC raises target price to 1095p from 1050p 
 
                 * Infineon Technologies AG  IFXGn.DE : Bernstein raises target price to EUR 50 from EUR 45
 
                 * ING  INGA.AS : UBS raises target price to EUR 16.8 from EUR 16.6 
 
     * ING Groep NV  INGA.AS : Credit Suisse raises target price to EUR 16 from EUR 15 
     * ING Groep NV  INGA.AS : JP Morgan raises target price to EUR 16 from EUR 14.8 
                 * ING Groep NV  INGA.AS : RBC raises target price to EUR 15.50 from EUR 15 
 
     * Intesa Sanpaolo SpA  ISP.MI : HSBC raises target price to EUR 3.4 from EUR 3.2 
                 * ITV Plc  ITV.L : Barclays cuts target price to 80p from 85p 
 
                 * Jc Decaux SA  JCDX.PA : Barclays cuts target price to EUR 26 from EUR 27 
 
                 * JCDecaux  JCDX.PA : Citigroup cuts price target to EUR 21.3 from EUR 21.7 
 
                 * Knorr Bremse AG  KBX.DE : Citigroup raises price target to EUR 75 from EUR 72 
 
                 * Lanxess  LXSG.DE : Morgan Stanley cuts target price to EUR 50.5 from EUR 51 
 
                 * Lanxess AG  LXSG.DE : Berenberg cuts target price to EUR 56 from EUR 59 
 
                 * Lundbeck Ltd  HLUNb.CO : Deutsche Bank raises target price to DKK 35 from DKK 31 
 
                 * Mediobanca  MDBI.MI : Barclays raises target price to EUR 11.1 from EUR 10.9 
 
     * Mediobanca  MDBI.MI : HSBC cuts target price to EUR 11.1 from EUR 11.2 
                 * Mercedes-Benz Group AG  MBGn.DE : Morgan Stanley raises target to EUR 73.5 from EUR 72 
 
                 * Merck KGaA  MRCG.DE : Morgan Stanley cuts target price to EUR 206 from EUR 210 
 
                 * Metso Corporation  METSO.HE : Morgan Stanley raises target price to EUR 11.3 from EUR
 10.4 
 
                 * Mister Spex SE  MRXG.DE : Barclays cuts target price to EUR 9 from EUR 15 
 
                 * Mj Gleeson Plc  GLEG.L : Berenberg raises target price to 518p from 470p 
 
                 * MTU Aero Engines AG  MTXGn.DE : Berenberg raises target price to EUR 280 from EUR 240 
 
                 * New Work SE  NWOn.DE : Deutsche Bank cuts target price to EUR 155 from EUR 165 
 
                 * Nextenergy Solar Fund Ltd  NESF.L : RBC cuts target price to 130p from 135p 
 
                 * Nlb  NLBq.L : Deutsche Bank raises target price to 22p from 20p 
 
                 * Nova Ljubljanska Banka Dd Ljubljana  NLBR.LJ : HSBC raises target to EUR 128 from EUR
 112 
 
                 * Outokumpu Oyj  OUT1V.HE : Morgan Stanley raises target price to EUR 7.8 from EUR 6.5 
 
                 * Outokumpu Oyj  OUT1V.HE : Morgan Stanley raises to overweight from equal weight 
 
                 * Ovaro Kiinteistosijoitus Oyj  OVARO.HE : Inderes cuts PT to EUR 2.8 from EUR 3.0; reduce
 
                 * Pearson  PSON.L : Morgan Stanley cuts target price to 920p from 940p 
 
                 * Pearson  PSON.L : Morgan Stanley raises to overweight from equal weight 
 
                 * Redrow Plc  RDW.L : Berenberg raises target price to 643p from 466p 
 
                 * Redrow Plc  RDW.L : Berenberg raises to buy from hold 
 
                 * Rockwool  ROCKb.CO : Barclays raises target price to DKK 2200 from DKK 2100 
 
                 * Rockwool A/S  ROCKb.CO : Morgan Stanley raises target price to DKK 1,638 from DKK 1,630 
 
                 * S4 Capital  SFOR.L : Barclays cuts target price to 270p from 300p 
 
                 * Sage Group  SGE.L : HSBC raises target price to 925p from 920p 
 
                 * Salzgitter AG  SZGG.DE : Morgan Stanley cuts target price to EUR 32.6 from EUR 34.6 
 
                 * Siltronic AG  WAFGn.DE : Deutsche Bank cuts target price to EUR 65 from EUR 70 
 
     * Sma Solar  S92G.DE : TD Cowen raises target price to EUR 98 from EUR 90 
                 * Snam  SRG.MI : Barclays raises target price to EUR 5.6 from EUR 5.4 
 
                 * Software AG  SOWGn.DE : Baader Helvea cuts to reduce from add 
 
     * Soitec SA  SOIT.PA : JP Morgan cuts target price to EUR 100 from EUR 195 
     * Soitec SA  SOIT.PA : JP Morgan cuts to underweight from neutral 
                 * Sonova Holding AG  SOON.S : Bernstein initiates coverage with underperform rating 
 
                 * Sonova Holding AG  SOON.S : Bernstein initiates coverage with CHF 235 target price 
 
     * Spire Healthcare Group Plc  SPI.L : Peel Hunt raises target price to 317p from 315p 
                 * Straumann Holding AG  STMN.S : Bernstein initiates coverage with outperform rating 
 
                 * Straumann Holding AG  STMN.S : Bernstein initiates coverage with CHF 165 target price 
 
     * Stroeer  SAXG.DE : Citigroup cuts price target to EUR 50 from EUR 53 
     * Stroeer  SAXG.DE : HSBC raises target price to EUR 55 from EUR 52 
                 * Swiss Life Holding AG  SLHN.S : Berenberg cuts target price to CHF 633 from CHF 701 
 
                 * Taylor Wimpey  TW.L : Berenberg raises target price to 122p from 111p 
 
                 * Technogym SpA  TGYM.MI : Stifel raises target price to EUR 8.7 from EUR 8.5 
 
     * ThyssenKrupp  TKAG.DE : JP Morgan cuts target price to EUR 5.7 from EUR 6.6 
     * Unicredit  CRDI.MI : HSBC raises target price to EUR 27.5 from EUR 23 
     * UPM-Kymmene Oyj  UPM.HE : Credit Suisse cuts target price to EUR 28.2 from EUR 33.8 
                 * Verbund AG  VERB.VI : Stifel cuts target price to EUR 98 from EUR 100 
 
                 * Vestas  VWS.CO : Morgan Stanley raises target price to DKK 157 from DKK 155 
 
                 * Vimian Group AB  VIMIAN.ST : Citigroup raises price target to SEK 37 from SEK 33 
 
                 * Vistry Group Plc  VTYV.L : Berenberg raises target price to 871p from 760p 
 
     * Vodafone  VOD.L : JP Morgan cuts target price to 95p from 100p 
                 * Volkswagen AG  VOWG_p.DE : RBC cuts target price to EUR 160 from EUR 181 
 
     * Wdp  WDPP.BR : RBC raises to sector perform from underperform 
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))