Europe Research Roundup: Adidas, Burkhalter Holding, Playtech
EUROPE RESEARCH ROUNDUP-Adidas, Burkhalter Holding, Playtech July 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Burkhalter Holding and Playtech on Wednesday.
HIGHLIGHTS
* Adidas AG ADSGn.DE: Piper Sandler raises target price to EUR 200 from EUR 170 |
* Burkhalter Holding AG BRKN.S: Berenberg initiates coverage with hold rating |
* Edenred EDEN.PA: Morgan Stanley assumes coverage with overweight rating |
* Playtech Plc PTEC.L: Morgan Stanley raises target price to 290p from 215p |
* Standard Chartered Plc STAN.L: Goldman Sachs raises target price to 2530p from 2260p |
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* Adidas AG ADSGn.DE: Piper Sandler raises target price to EUR 200 from EUR 170 |
* Adidas AG ADSGn.DE: Telsey Advisory Group raises target price to EUR 220 from EUR 185 |
* Adyen ADYEN.AS: UBS cuts target price to EUR 1350 from EUR 1600 |
* Ashmore ASHM.L: Deutsche Bank cuts target price to 145p from 150p |
* Ashmore Group Plc ASHM.L: Barclays cuts target price to 180p from 185p |
* Ashmore Group Plc ASHM.L: Morgan Stanley cuts target price to 200p from 202p |
* Ashmore Group Plc ASHM.L: UBS cuts target price to 209p from 216p |
* Avanza Bank AVANZ.ST: Berenberg raises target price to SEK 400 from SEK 380 |
* Avolta AVOL.S: UBS raises target price to CHF 52 from CHF 48 |
* Avolta AG AVOL.S: Berenberg cuts target price to CHF 56 from CHF 59 |
* BBVA BBVA.MC: BofA Global Research cuts to neutral from buy |
* BBVA BBVA.MC: BofA Global Research raises price objective to EUR 25 from EUR 24.3 |
* Befesa SA BFSA.DE: Stifel initiates coverage with buy rating |
* Befesa SA BFSA.DE: Stifel initiates coverage with price target EUR 40 |
* BNP Paribas SA BNPP.PA: Deutsche Bank raises target price to EUR 106 from EUR 98 |
* Boozt AB BOOZT.ST: Kepler Cheuvreux raises target price to SEK 170 from SEK 128 |
* BP BP.L: Berenberg raises target price to 600p from 590p |
* Burkhalter Holding AG BRKN.S: Berenberg initiates coverage with hold rating |
* Burkhalter Holding AG BRKN.S: Berenberg initiates coverage with target price CHF 145 |
* Buzzi BZU.MI: BofA Global Research cuts price objective to EUR 55 from EUR 58 |
* Credit Agricole SA CAGR.PA: Deutsche Bank cuts target price to EUR 19.5 from EUR 20 |
* D'Ieteren Group IETB.BR: Deutsche Bank initiates coverage with buy rating |
* D'Ieteren Group IETB.BR: Deutsche Bank initiates coverage with PT EUR 230 |
* DNB DNB.OL: Jefferies raises target price to NOK 319 from NOK 313 |
* DNB DNB.OL: UBS cuts target price to NOK 276 from NOK 280 |
* Dometic Group AB (Publ) DOMETIC.ST: Berenberg cuts PT to SEK 45 from SEK 55 |
* Edenred EDEN.PA: Morgan Stanley assumes coverage with overweight rating |
* Edenred EDEN.PA: Morgan Stanley assumes coverage with price target EUR 34 |
* Entain Plc ENT.L: Morgan Stanley raises target price to 1050p from 1040p |
* ERG SpA ERG.MI: Morgan Stanley raises target price to EUR 21 from EUR 19.5 |
* Ericsson ERICb.ST: Barclays cuts target price to SEK 80 from SEK 90 |
* Ericsson ERICb.ST: BofA Global Research cuts price objective to SEK 77 from SEK 88 |
* Evotec SE EVTG.DE: TD Cowen cuts PT to EUR 4 from EUR 7 |
* Evotec SE EVTG.DE: TD Cowen cuts to hold from buy |
* Flutter Entertainment Plc FLTRF.L: Morgan Stanley cuts PT to 12,000p from 13,000p |
* Galliford TRY GFRD.L: Berenberg raises target price to 680p from 650p |
* Galliford TRY GFRD.L: Peel Hunt raises target price to 700p from 650p |
* H&R Gmbh & Co KGaA 2HR.DE: Kepler Cheuvreux raises PT to EUR 7.5 from EUR 3.6 |
* H&R Gmbh & Co KGaA 2HR.DE: Kepler Cheuvreux raises to buy from reduce |
* Hays HAYS.L: Barclays raises target price to 61p from 44p |
* Hochtief AG HOTG.DE: Jefferies raises target price to EUR 508 from EUR 494 |
* IMCD NV IMCD.AS: UBS raises target price to EUR 100 from EUR 85 |
* IMCD NV IMCD.AS: UBS raises to buy from neutral |
* Imperial Brands IMB.L: BofA Global Research raises to buy from neutral |
* Jet2 Plc JET2.L: UBS raises target price to 1695p from 1660p |
* Lem Holding LEHN.S: UBS raises target price to CHF 405 from CHF 400 |
* Lifco LIFCOb.ST: Kepler Cheuvreux raises target price to SEK 340 from SEK 315 |
* Mfe-Mediaforeurope NV MFEB.MI: Deutsche Bank cuts PT to EUR 4.2 from EUR 4.8 |
* Oerlikon OERL.S: UBS raises target price to CHF 5.7 from CHF 3.8 |
* Oerlikon OERL.S: UBS raises to buy from neutral |
* Ottobock SE & Co KGaA OBCK.DE: BofA Global Research cuts PO to EUR 75 from EUR 85 |
* Oxford Nanopore Technologies Plc ONT.L: Stifel cuts target price to 125p from 140p |
* Pagegroup PAGE.L: Barclays raises target price to 183p from 155p |
* Playtech Plc PTEC.L: Morgan Stanley raises target price to 290p from 215p |
* Pluxee NV PLX.PA: Morgan Stanley assumes coverage with equal weight rating |
* Pluxee NV PLX.PA: Morgan Stanley assumes coverage with price target EUR 15.50 |
* Prosiebensat.1 PSMGn.DE: Deutsche Bank cuts target price to EUR 4 from EUR 5.2 |
* Rank Group Plc RNK.L: Deutsche Bank raises target price to 111p from 106p |
* Rheinmetall AG RHMG.DE: BofA Global Research cuts PO to EUR 1,300 from EUR 1,770 |
* Richemont CFR.S: Jefferies raises target price to CHF 220 from CHF 200 |
* Royal Unibrew A/S RBREW.CO: Goldman Sachs raises target price to DKK 530 from DKK 475 |
* Sandvik AB SAND.ST: Kepler Cheuvreux cuts to hold from buy |
* Sandvik AB SAND.ST: Kepler Cheuvreux raises PT to SEK 400 from SEK 370 |
* SAP SE SAPG.DE: Wells Fargo cuts target price to EUR 180 from EUR 250 |
* Savills SVS.L: Berenberg initiates coverage with target price 1,375p |
* Savills SVS.L: Berenberg initiates coverage with buy rating |
* Skanska AB SKAb.ST: Morgan Stanley cuts target price to SEK 270 from SEK 272 |
* Societe Generale SOGN.PA: Deutsche Bank raises target price to EUR 81 from EUR 79 |
* SSAB SSABa.ST: UBS raises target price to SEK 112 from SEK 95 |
* Standard Chartered Plc STAN.L: Goldman Sachs raises target price to 2530p from 2260p |
* Tharisa Plc THST.L: Peel Hunt cuts target price to $185p from $190p |
* Traton SE 8TRA.DE: Goldman Sachs raises target price to EUR 38.40 from EUR 34 |
* Unicaja UNI.MC: BofA Global Research cuts price objective to EUR 3 from EUR 3.1 |
* Unicaja UNI.MC: BofA Global Research cuts to underperform from neutral |
* Unite Group UTG.L: Kepler Cheuvreux raises target price to 605p from 580p |
* Vitec Software Group AB (Publ) VITb.ST: Stifel cuts PT to SEK 500 from SEK 580 |
* Watches of Switzerland Group WOSG.L: Barclays raises target price to 845p from 825p |
* Watches of Switzerland Group WOSG.L: UBS raises target price to 890p from 850p |
(Compiled by Bengaluru Newsroom)
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