Europe Research Roundup: Anglo American, Munich Re, Stora Enso Oyj

Dsv A/S

25/10/2024 09:37

Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Anglo American, Munich Re and Stora Enso Oyj, on Friday. 
    
    HIGHLIGHTS
                 * Anglo American Plc  AAL.L : HSBC cuts target price to 2150p from 2200p
 
                 * Brooks MacDonald Group Plc  BRK.L : Peel Hunt cuts to add from buy
 
                 * DSV  DSV.CO : HSBC raises to buy from hold
 
                 * Munich Re  MUVGn.DE : Berenberg cuts to hold for buy
 
                 * Stora Enso Oyj  STERV.HE : Inderes raises to accumulate from reduce
 
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. See bottom of the table for sector changes.  
        
                 * Abrdn Plc  ABDN.L : Barclays cuts target price to 145p from 155p
 
                 * Abrdn Plc  ABDN.L : Citigroup cuts target price to 153p from 160p
 
                 * Abrdn Plc  ABDN.L : HSBC cuts target price to 145p from 155p
 
                 * Accor  ACCP.PA : Citigroup raises target price to EUR 49 from EUR 47
 
                 * Air Liquide SA  AIRP.PA : HSBC raises target price to EUR 174 from EUR 169
 
                 * AJ Bell  AJBA.L : Citigroup raises target price to 450p from 400p
 
                 * Alfa Laval AB  ALFA.ST : Barclays raises target price to SEK 520 from SEK 510
 
                 * Allfunds Group Plc  ALLFG.AS : Barclays cuts target price to EUR 8.5 from EUR 9
 
                 * Allfunds Group Plc  ALLFG.AS : Citigroup raises target price to EUR 8.8 from EUR 8.5
 
                 * Anglo American Plc  AAL.L : HSBC cuts target price to 2150p from 2200p
 
                 * Anima Holding SpA  ANIM.MI : Citigroup raises target price to EUR 5.7 from EUR 5.15
 
                 * Ashtead Technology Holdings Plc  ATAS.L : Berenberg raises target price to 800p from 775p
 
                 * Autostore Holdings Ltd  AUTO.OL : Berenberg initiates coverage with buy rating; PT NOK 15
 
                 * Barclays Bank  BARC.L : Morgan Stanley raises target price to 315p from 300p
 
                 * Beiersdorf AG  BEIG.DE : Barclays raises target price to EUR 150 from EUR 149
 
                 * Beiersdorf AG  BEIG.DE : Morgan Stanley raises target price to EUR 131 from EUR 130
 
                 * Besi  BESI.AS : Citigroup cuts target price to EUR 115 from EUR 130
 
                 * Brooks MacDonald Group Plc  BRK.L : Peel Hunt cuts PT to 1945p from 2295p
 
                 * Brooks MacDonald Group Plc  BRK.L : Peel Hunt cuts to add from buy
 
                 * Covivio  CVO.PA : HSBC raises target price to EUR 66 from EUR 56
 
                 * Credem  EMBI.MI : Barclays cuts target price to EUR 10.4 from EUR 10.6
 
                 * Danone  DANO.PA : Barclays raises target price to EUR 75 from EUR 72
 
                 * Dassault Systèmes SA  DAST.PA : Barclays cuts target price to EUR 34 from EUR 35
 
                 * Dassault Systemes SA  DAST.PA : Berenberg cuts target price to EUR 33.3 from EUR 36.5
 
                 * Dassault Systemes SA  DAST.PA : Citigroup cuts target price to EUR 37 from EUR 40
 
                 * Dassault Systemes SA  DAST.PA : HSBC cuts target price to EUR 40 from EUR 42
 
                 * Dassault Systemes SA  DAST.PA : Morgan Stanley cuts PT to EUR 41.75 from EUR 43.75
 
                 * Davide Campari N.V.  CPRI.MI : Barclays cuts target price to EUR 8.4 from EUR 9.5
 
                 * Delivery Hero SE  DHER.DE : JP Morgan raises target price to EUR 50 from EUR 43
 
                 * Deutsche Bank AG  DBKGn.DE : Citigroup raises target price to EUR 18 from EUR 16
 
                 * Deutsche Telekom AG  DTEGn.DE : Barclays raises target price to EUR 36.5 from EUR 32.5
 
                 * DSV  DSV.CO : HSBC raises target price to DKK 1700 from DKK 1300
 
                 * DSV  DSV.CO : HSBC raises to buy from hold
 
                 * DSV  DSV.CO : JP Morgan raises target price to DKK 1685 from DKK 1450
 
                 * Engie SA  ENGIE.PA : Citigroup raises target price to EUR 16.8 from EUR 16
 
                 * Erste Group Bank AG  ERST.VI : Barclays raises target price to EUR 51 from EUR 46
 
                 * Essity  ESSITYb.ST : Barclays cuts target price to SEK 292 from SEK 301
 
                 * Evolution AB (Publ)  EVOG.ST : Berenberg cuts target price to SEK 1120 from SEK 1140
 
                 * Frasers  FRAS.L : Barclays reinstates coverage with overweight rating; PT 1085p
 
                 * Galderma Group AG  GALD.S : JP Morgan raises target price to CHF 94 from CHF 90
 
                 * Heineken NV  HEIN.AS : Morgan Stanley cuts target price to EUR 81 from EUR 83
 
                 * Hemnet  HEM.ST : Barclays cuts target price to SEK 380 from SEK 400
 
                 * Hochschild  HOCM.L : Peel Hunt raises target price to 280p from 260p
 
                 * Interparfums SA  IPAR.PA : Berenberg cuts target price to EUR 54 from EUR 56
 
                 * Intertek Group  ITRK.L : HSBC initiates coverage with reduce rating and PT 4290p
 
                 * Intesa Sanpaolo  ISP.MI : Barclays raises target price to EUR 4.7 from EUR 4.5
 
                 * Ipsen SA  IPN.PA : Barclays raises target price to EUR 130 from EUR 125
 
                 * Ipsos SA  ISOS.PA : Berenberg cuts target price to EUR 74 from EUR 85
 
                 * Kerry Group Plc  KYGa.I : Morgan Stanley raises target price to EUR 100 from EUR 98
 
                 * Kuehne Und Nagel International AG  KNIN.S : Morgan Stanley raises PT to CHF 262 from CHF 261
 
                 * Lse  LSEG.L : JP Morgan raises target price to 12000p from 11600p
 
                 * Lse  LSEG.L : KBW raises target price to 11800p from 11500p
 
                 * Marks and Spencer Group  MKS.L : Peel Hunt raises target price to 425p from 360p
 
                 * Mediobanca  MDBI.MI : Barclays cuts target price to EUR 16 from EUR 16.2
 
                 * Metsa Board Oyj  METSB.HE : Inderes cuts PT to EUR 5.25 from EUR 6.75; rating reduce
 
                 * Michelin  MICP.PA : Citigroup cuts target price to EUR 37 from EUR 41
 
                 * MTU Aero Engines AG  MTXGn.DE : JP Morgan raises target price to EUR 390 from EUR 370
 
                 * Munich Re  MUVGn.DE : Berenberg cuts to hold for buy
 
                 * Neste Oyj  NESTE.HE : Inderes cuts PT to EUR 17.5 from EUR 19.0; rating accumulate
 
                 * Ontex Group  ONTEX.BR : Barclays raises target price to EUR 8.29 from EUR 8.1
 
                 * Ovhcloud  OVH.PA : Morgan Stanley raises target price to EUR 8.55 from EUR 6.6
 
                 * Quilter Plc  QLT.L : Citigroup raises target price to 145p from 135p
 
                 * Renault  RENA.PA : HSBC raises target price to EUR 52 from EUR 51
 
                 * Renk Group AG  R3NK.DE : Citigroup raises target price to EUR 34.6 from EUR 30
 
                 * Renk Group AG  R3NK.DE : Citigroup raises to buy from neutral
 
                 * Ryanair  RYA.I : Barclays raises target price to EUR 20 from EUR 17.5
 
                 * Sabre Insurance Group Plc  SBRE.L : Peel Hunt cuts target price to 205p from 215p
 
                 * Salvatore Ferragamo  SFER.MI : Barclays cuts target price to EUR 5.6 from EUR 6.8
 
                 * Securitas AB  SECUb.ST : Morgan Stanley raises target price to SEK 93 from SEK 83
 
                 * Siltronic AG  WAFGn.DE : Citigroup cuts target price to EUR 85 from EUR 90
 
                 * Softcat Plc  SCTS.L : Panmure Liberum raises target price to 1780p from 1670p
 
                 * SSAB  SSABa.ST : Barclays cuts target price to SEK 59 from SEK 71
 
                 * SSE  SSE.L : Citigroup cuts to sell from neutral
 
                 * SSE  SSE.L : Citigroup raises target price to 1708p from 1660p
 
                 * Steico SE  ST5G.DE : Berenberg cuts target price to EUR 29 from EUR 31
 
                 * Stora Enso Oyj  STERV.HE : Inderes raises to accumulate from reduce
 
                 * Stora Enso Oyj  STERV.HE : Inderes cuts target price to EUR 11.50 from EUR 12.00
 
                 * Symrise AG  SY1G.DE : Berenberg raises target price to EUR 112.5 from EUR 110
 
                 * Tietoevry Oyj  TIETO.HE : Morgan Stanley cuts target price to EUR 24.75 from EUR 26
 
                 * Travis Perkins  TPK.L : Berenberg raises target price to 880p from 800p
 
                 * Travis Perkins  TPK.L : JP Morgan cuts target price to 1000p from 1050p
 
                 * Trelleborg  TRELb.ST : Barclays cuts target price to SEK 448 from SEK 460
 
                 * Trifork Group AG  TRIFOR.CO : Berenberg cuts target price to DKK 145 from DKK 150
 
                 * Unicredit  CRDI.MI : Barclays raises target price to EUR 47.8 from EUR 47.4
 
                 * Vinci  SGEF.PA : Barclays cuts target price to EUR 138 from EUR 140
 
                 * Vinci  SGEF.PA : Berenberg cuts target price to EUR 130 from EUR 135
 
                 * Viscofan  VIS.MC : Berenberg raises target price to EUR 79 from EUR 76
 
                 * Volvo AB  VOLVb.ST : Barclays cuts target price to SEK 280 from SEK 300
 
                 * WPP  WPP.L : Barclays raises target price to 1000p from 970p
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))