Europe Research Roundup: Azelis Group, Bellway, Tate & Lyle

Dormakaba Holding AG

12/09/2022 08:05

Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Azelis Group, Bellway and Tate & Lyle, on Monday. 
    
    HIGHLIGHTS  
     * Azelis Group  AZE.BR : JP Morgan raises to overweight from neutral
     * Bellway Plc  BWY.L : Berenberg cuts to hold from buy
     * Tate & Lyle  TATE.L : Jefferies cuts to hold from buy; cuts target price to 780p from 880p
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
     * Azelis Group  AZE.BR : JP Morgan raises to overweight from neutral
     * Azelis Group  AZE.BR : JP Morgan raises target price to EUR 28 from EUR 25
     * Barratt  BDEV.L : Berenberg cuts to hold from buy; cuts target price to 459p from 790p
     * Barratt  BDEV.L : Jefferies raises target price to 535p from 531p
     * Barratt  BDEV.L : Peel Hunt cuts target price to 630p from 690p
     * Bellway Plc  BWY.L : Berenberg cuts to hold from buy
     * Bellway Plc  BWY.L : Berenberg cuts target price to 2300p from 4230p
     * Berkeley Group  BKGH.L : Berenberg raises to buy from hold
     * Berkeley Group  BKGH.L : Berenberg raises target price to 4500p from 4120p
     * Brenntag SE  BNRGn.DE : JP Morgan raises target price to EUR 98 from EUR 96
     * Crest Nicholson Holdings Plc  CRST.L : Berenberg cuts to hold from buy
     * Crest Nicholson Holdings Plc  CRST.L : Berenberg cuts target price to 250p from 410p
     * Dormakaba Holding AG  DOKA.S : Credit Suisse cuts target price to CHF 590 from CHF 677
     * Forbo Holding AG  FORN.S : Credit Suisse cuts target price to CHF 1350 from CHF 1530
     * Halma  HLMA.L : Jefferies cuts target price to 1820p from 1960p
     * Informa  INF.L : Credit Suisse raises target price to 735p from 730p
     * Metso Outotec Corp  MOCORP.HE : Berenberg cuts target price to EUR 10.5 from EUR 11
     * Restaurant Group  RTN.L : HSBC cuts target price to 70p from 95p
     * SGL Carbon  SGCG.DE : HSBC raises target price to EUR 7.3 from EUR 7.1
     * Tate & Lyle  TATE.L : Jefferies cuts to hold from buy; cuts target price to 780p from 880p
     * WPP  WPP.L : Credit Suisse cuts target price to 950p from 1210p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))