Europe Research Roundup: Draegerwerk, Philips, Sinch AB

Draegerwerk AG & Co KGaA

25/10/2022 08:08

Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Draegerwerk, Philips and Sinch AB, on Tuesday. 
    HIGHLIGHTS
                 * Draegerwerk  DRWG.DE : Jefferies initiates coverage with hold rating
 
                 * Jenoptik AG  JENGn.DE : Jefferies initiates coverage with buy rating
 
                 * Philips  PHG.AS : HSBC cuts to reduce from hold 
 
                 * Sinch AB  SINCH.ST : JP Morgan initiates coverage with overweight rating 
 
 Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
                 * Adidas AG  ADSGn.DE : Credit Suisse cuts target price to EUR 110 from EUR 125 
 
                 * Akzo Nobel NV  AKZO.AS : Citigroup cuts price target to EUR 73 from EUR 80 
 
                 * Aston Martin  AML.L : Citigroup cuts price target to 110p from 159p 
 
                 * Draegerwerk  DRWG.DE : Jefferies initiates coverage with  target price EUR 42 
 
                 * Draegerwerk  DRWG.DE : Jefferies initiates coverage with hold rating
 
                 * Ericsson  ERICb.ST : Citigroup cuts price target to SEK 65 from SEK 76 
 
                 * FMC AG  FMEG.DE : Credit Suisse cuts target price to EUR 37 from EUR 47 
 
                 * Galp Energia SA  GALP.LS : RBC cuts target price to EUR 13.5 from EUR 14 
 
                 * Jenoptik AG  JENGn.DE : Jefferies initiates coverage with buy rating
 
                 * Jenoptik AG  JENGn.DE : Jefferies initiates coverage with target price EUR 28 
 
                 * L'Oréal  OREP.PA : HSBC cuts target price to EUR 345 from EUR 360 
 
                 * Pernod Ricard  PERP.PA : Credit Suisse cuts target price to EUR 205 from EUR
 220 
 
                 * Petkim  PETKM.IS : HSBC raises target price to TRY 10 from TRY 7 
 
                 * Philips  PHG.AS : HSBC cuts target price to EUR 12 from EUR 20 
 
                 * Philips  PHG.AS : HSBC cuts to reduce from hold 
 
                 * Segro  SGRO.L : Berenberg cuts target price to 1040p from 1260p 
 
                 * Shop Apotheke Europe NV  SAEG.DE : Credit Suisse cuts target price to EUR 75
 from EUR 147 
 
                 * Sinch AB  SINCH.ST : JP Morgan initiates coverage with overweight rating 
 
                 * Sinch AB  SINCH.ST : JP Morgan initiates coverage with target price SEK 45 
 
                 * Telecom Italia  TLIT.MI : JP Morgan cuts target price to EUR 0.24 from EUR 0.27
 
                 * Turkish Airlines  THYAO.IS : HSBC raises target price to TRY 120 from TRY 67.5 
 
                 * Zur Rose Group AG  ROSEG.S : Credit Suisse cuts target price to CHF 19 from CHF
 49 
 
 (Compiled by Bengaluru Newsroom; Editing by Dhanya Ann Thoppil)
 ((Diaries@thomsonreuters.com))