Europe Research Roundup: AB Foods, Nestle, Travis Perkins

Ebusco Holding

26/04/2023 07:55

April 26 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including AB Foods, Nestle and Travis Perkins, on Wednesday. 
    
    HIGHLIGHTS  
    
     * AB Foods  ABF.L : JP Morgan raises target price to 1,850p from 1,760p
     * Dowlais Group Plc  DWL.L : RBC initiates with outperform rating; price target 180p
     * Idorsia Ltd  IDIA.S : Credit Suisse cuts to underperform from neutral
     * Nestle SA  NESN.S : Credit Suisse raises target price to CHF 123 from CHF 120
     * Travis Perkins  TPK.L : JP Morgan raises target price to 850p from 820p
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
    
     * AB Foods  ABF.L : JP Morgan raises target price to 1,850p from 1,760p
     * ABB Ltd  ABBN.S : RBC raises target price to CHF 35.5 from CHF 33
     * Akzo Nobel NV  AKZO.AS : JP Morgan raises target price to EUR 63 from EUR 57
     * Bouygues  BOUY.PA : JP Morgan raises target price to EUR 47 from EUR 44.5
     * Deliveroo Plc  ROO.L : Credit Suisse raises target price to 159p from 144p
     * Dowlais Group Plc  DWL.L : RBC initiates with outperform rating; price target 180p
     * Ebusco Holding NV  EBUS.AS : JP Morgan cuts target price to EUR 9 from EUR 27
     * Idorsia Ltd  IDIA.S : Credit Suisse cuts to underperform from neutral
     * Idorsia Ltd  IDIA.S : Credit Suisse cuts target price to CHF 6 from CHF 12.50
     * Idorsia Ltd  IDIA.S : Jefferies cuts target price to CHF 10 from CHF 13
     * Just Eat Takeaway.Com  JETJ.L : Credit Suisse cuts target price to 3550p from 4000p
     * Kering  PRTP.PA : JP Morgan cuts target price to EUR 610 from EUR 620
     * Kistos Holdings Plc  KIST.L : Berenberg raises target price to 630p from 600p
     * Kuehne Und Nagel International AG  KNIN.S : JP Morgan raises PT to CHF 325 from CHF 310
     * Melrose Industries  MRON.L : RBC cuts target price to 440p from 570p
     * Nestle SA  NESN.S : Credit Suisse raises target price to CHF 123 from CHF 120
     * Novartis AG  NOVN.S : Credit Suisse raises target price to CHF 90 from CHF 80
     * Novartis AG  NOVN.S : JP Morgan raises target price to CHF 92 from CHF 85
     * S4 Capital  SFOR.L : HSBC cuts target price to 227p from 265p
     * Santander  SAN.MC : RBC cuts target price to EUR 4.05 from EUR 4.10
     * Stora Enso Oyj  STERV.HE : Jefferies cuts target price to EUR 16 from EUR 17.2
     * Temenos AG  TEMN.S : JP Morgan cuts target price to CHF 76 from CHF 79
     * Travis Perkins  TPK.L : JP Morgan raises target price to 850p from 820p
     * Vinci  SGEF.PA : Jefferies raises target price to EUR 130 from EUR 125
     * Vinci  SGEF.PA : JP Morgan raises target price to EUR 128 from EUR 124
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))