Europe Research Roundup: Ashtead Technology, DCC, Indra
07/05/2024 09:10
May 7 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Ashtead Technology, DCC and Indra, on Tuesday.
HIGHLIGHTS
* Ashtead Technology Holdings ATAS.L : Deutsche Bank initiates coverage with hold
rating
* DCC DCC.L : Deutsche Bank initiates coverage with buy rating and target price 7000p
* Indra IDR.MC : Bernstein raises target price to EUR 29 from EUR 23
* Redde Northgate REDD.L : Deutsche Bank initiates coverage with buy rating and PT
500p
* Serco SRP.L : Deutsche Bank initiates coverage with hold rating and target price
200p
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order.
* Accor ACCP.PA : Deutsche Bank raises target price to EUR 48 from EUR 46
* Aib Group Plc AIBG.I : Barclays raises target price to EUR 5.85 from EUR 5.75
* Alfa Laval AB ALFA.ST : Barclays raises target price to SEK 500 from SEK 475
* Alk-Abello A/S ALKb.CO : Jefferies raises target price to DKK 144 from DKK 120
* Amplifon SpA AMPF.MI : Morgan Stanley raises target price to EUR 37 from EUR 36
* Anima Holding SpA ANIM.MI : Citigroup raises target price to EUR 4.80 from EUR 4.15
* Antofagasta ANTO.L : Barclays cuts target price to 1685p from 1725p
* Ap Moller Maersk MAERSKb.CO : Barclays cuts target price to DKK 8150 from DKK 8250
* Aperam APAM.AS : Barclays cuts target price to EUR 24 from EUR 25
* Ashtead AHT.L : Deutsche Bank initiates coverage with buy rating and target price
6800p
* Ashtead Technology Holdings ATAS.L : Deutsche Bank initiates coverage with hold
rating
* Ashtead Technology Holdings ATAS.L : Deutsche Bank initiates coverage with PT 835p
* ASMI ASMI.AS : ING raises target price to EUR 750 from EUR 650
* AstraZeneca AZN.L : Berenberg raises target price to 13000p from 12000p
* Autoliv Inc ALIVsdb.ST : Berenberg raises target price to SEK 1,510 from SEK 1,284
* Babcock International BAB.L : Deutsche Bank initiates coverage with buy rating and PT
625p
* Bank of Ireland BIRG.I : Barclays raises target price to EUR 11.3 from EUR 10.9
* Boliden BOL.ST : Barclays cuts target price to SEK 390 from SEK 400
* Bunzl BNZL.L : Deutsche Bank initiates coverage with hold rating and target price
3200p
* Capita Plc CPI.L : Deutsche Bank initiates coverage with buy rating and target price
35p
* Chemring Group Plc CHG.L : Barclays cuts target price to 338p from 345p
* Clariant AG CLN.S : Morgan Stanley raises target price to CHF 17 from CHF 15
* Clariant AG CLN.S : Morgan Stanley raises to overweight from equal weight
* Clarkson Plc CKN.L : Deutsche Bank initiates coverage with buy rating and PT 4950p
* Daimler Truck Holding AG DTGGe.DE : Jefferies raises target price to EUR 56 from EUR
55
* Danske Bank DANSKE.CO : Barclays raises target price to DKK 165 from DKK 163
* DCC DCC.L : Deutsche Bank initiates coverage with buy rating and target price 7000p
* De La Rue Plc DLAR.L : Deutsche Bank initiates coverage with hold rating and PT 80p
* Demant A/S DEMANT.CO : Morgan Stanley cuts target price to DKK 268 from DKK 270
* Diploma DPLM.L : Deutsche Bank initiates coverage with buy rating and target price
4500p
* Discoverie Group DSCV.L : Deutsche Bank initiates coverage with hold rating and PT
810p
* Duerr AG DUEG.DE : Bernstein raises target price to EUR 36 from EUR 34
* Duros SA DURr.AT : Bernstein raises target price to EUR 36 from EUR 34
* Endeavour Mining EDV.L : Morgan Stanley cuts target price to 1830p from 1850p
* Enel ENEI.MI : RBC cuts target price to EUR 6.60 from EUR 6.75
* Epiroc AB EPIRa.ST : Morgan Stanley raises target price to SEK 195 from SEK 182
* Essentra ESNT.L : Deutsche Bank initiates coverage with buy rating and target price
240p
* Evonik Industries AG EVKn.DE : Morgan Stanley raises PT to EUR 21 from EUR 17.5
* Frontier Developments Plc FDEV.L : Liberum raises target price to 360p from 190p
* Frontier Developments Plc FDEV.L : Liberum raises to buy from hold
* Frontier Developments Plc FDEV.L : Peel Hunt raises target price to 343p from 190p
* Frontier Developments Plc FDEV.L : Peel Hunt raises to buy from add
* Glanbia Plc GL9.I : Morgan Stanley raises target price to EUR 19.5 from EUR 19
* Hays HAYS.L : Deutsche Bank initiates coverage with buy rating and target price 140p
* HSS Hire Group HSS.L : Deutsche Bank initiates coverage with buy rating and PT 18p
* Hugo Boss AG BOSSn.DE : RBC cuts target price to EUR 64 from EUR 66
* IHG IHG.L : Deutsche Bank raises target price to 7100p from 6980p
* Inchcape INCH.L : Deutsche Bank initiates coverage with buy rating and target price
1100p
* Indra IDR.MC : Bernstein raises target price to EUR 29 from EUR 23
* Indra IDR.MC : Bernstein raises target price to EUR 29 from EUR 23
* Intercontinental Hotels Group IHG.L : Morgan Stanley raises PT to 7800p from 7700p
* Intesa Sanpaolo ISP.MI : Barclays raises target price to EUR 4.1 from EUR 4
* Intesa Sanpaolo ISP.MI : Deutsche Bank raises target price to EUR 4 from EUR 3.7
* Italgas IG.MI : RBC cuts target price to EUR 5.9 from EUR 6.5
* Italgas IG.MI : RBC cuts to sector perform from outperform
* Italgas IG.MI : RBC cuts to sector perform from outperform; cuts PT to EUR 5.90 from
EUR 6.50
* Ithaca Energy Plc ITH.L : Stifel raises target price to 146p from 140p
* Ithaca Energy Plc ITH.L : Stifel raises target price to 146p from 140p
* IWG Plc IWG.L : Deutsche Bank initiates coverage with buy rating and target price
250p
* Jc Decaux SA JCDX.PA : Barclays raises target price to EUR 26 from EUR 25
* Johnson Service Group Plc JSG.L : Deutsche Bank initiates coverage with buy rating
* Johnson Service Group Plc JSG.L : Deutsche Bank initiates coverage with PT 200p
* Johnson Service Group Plc JSG.L : RBC raises target price to 155p from 140p
* Johnson Service Group Plc JSG.L : RBC raises target price to 155p from 140p
* JTC JTC.L : Deutsche Bank initiates coverage with buy rating and target price 1100p
* Knights Group Holdings KGHK.L : Deutsche Bank initiates coverage with buy rating and
PT 210p
* Koninklijke Philips NV PHG.AS : Exane BNP Paribas raises PT to EUR 24 from EUR 23
* Koninklijke Philips NV PHG.AS : Exane BNP Paribas raises to neutral from underperform
* Koninklijke Philips NV PHG.AS : Jefferies raises target price to EUR 22 from EUR 17.5
* Koninklijke Philips NV PHG.AS : Jefferies raises target price to EUR 22 from EUR 17.5
* Krones KRNG.DE : Deutsche Bank raises target price to EUR 150 from EUR 145
* Legrand LEGD.PA : Berenberg raises target price to EUR 111 from EUR 110
* Mears Group Plc MERG.L : Deutsche Bank initiates coverage with buy rating and PT 425p
* Melia MEL.MC : Deutsche Bank raises target price to EUR 8 from EUR 7
* Mercedes-Benz Group AG MBGn.DE : HSBC raises target price to EUR 87 from EUR 85
* Millicom International Cellular TIGOsdb.ST : Barclays raises PT to SEK 235 from SEK
195
* Mitie Group Plc MTO.L : Deutsche Bank initiates coverage with buy rating and PT 140p
* Mondi MNDI.L : Jefferies raises target price to 1,700p from 1,650p
* Netcompany NETCG.CO : Barclays raises target price to DKK 215 from DKK 200
* Netcompany Group A/S NETCG.CO : Morgan Stanley raises PT to DKK 280 from DKK 260
* Next Plc NXT.L : RBC raises target price to 9000p from 8800p
* NH Hotel NHH.MC : Deutsche Bank raises target price to EUR 4.5 from EUR 4.3
* Norsk Hydro NHY.OL : Barclays cuts target price to NOK 85 from NOK 90
* Orange SA ORAN.PA : Berenberg cuts target price to EUR 11.4 from EUR 11.6
* Pagegroup PAGE.L : Deutsche Bank initiates coverage with buy rating and PT 600p
* Pandora PNDORA.CO : RBC raises target price to DKK 1050 from DKK 900
* Pennon Group PNN.L : Barclays cuts target price to 1030p from 1060p
* Phoenix PHNX.L : HSBC raises target price to 690p from 665p
* Pollen Street Plc POLNP.L : Peel Hunt raises target price to 940p from 740p
* Redde Northgate REDD.L : Deutsche Bank initiates coverage with buy rating and PT 500p
* Renew Holdings RNWH.L : Deutsche Bank initiates coverage with buy rating and PT 1150p
* Repsol REP.MC : Berenberg raises target price to EUR 16 from EUR 15.5
* Robert Walters RWA.L : Deutsche Bank initiates coverage with buy rating and PT 600p
* RS Group RS1R.L : Deutsche Bank initiates coverage with buy rating and PT 1050p
* RWS Holdings RWS.L : Deutsche Bank initiates coverage with buy rating and PT 375p
* Safran SAF.PA : Barclays raises target price to EUR 240 from EUR 180
* Safran SAF.PA : Deutsche Bank raises target price to EUR 210 from EUR 208
* Scandic SHOTE.ST : Deutsche Bank raises target price to SEK 54.5 from SEK 50
* Serco SRP.L : Deutsche Bank initiates coverage with hold rating and target price 200p
* SKF SKFb.ST : Morgan Stanley raises target price to SEK 228 from SEK 222
* Snam SRG.MI : RBC cuts target price to EUR 5 from EUR 5.40
* Snam SRG.MI : RBC raises to outperform from sector perform
* SThree Plc STEMS.L : Deutsche Bank initiates coverage with buy rating and PT 600p
* Terna TRN.MI : RBC cuts target price to EUR 7.80 from EUR 8
* Totalenergies SE TTEF.PA : Berenberg raises target price to EUR 78 from EUR 70
* Trainline Plc TRNT.L : Barclays raises target price to 380p from 365p
* Unilever ULVR.L : HSBC raises target price to 4200p from 4100p
* United Internet UTDI.DE : Barclays raises target price to EUR 26 from EUR 23
* XPS Pensions Group XPS.L : Deutsche Bank initiates coverage with buy rating and PT
310p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))