Europe Research Roundup: Adidas, Fevertree Drinks, Volvo Car

Ecoener SA

05/02/2024 07:47

Feb 5 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adidas, Fevertree Drinks and Volvo Car, on Monday. 
    
    HIGHLIGHTS  
                 * Adidas AG  ADSGn.DE : RBC raises to outperform from sector perform
 
                 * Drax Group Plc  DRX.L : HSBC cuts target price to 470p from 480p
 
                 * Fevertree Drinks Plc  FEVR.L : HSBC cuts target price to 1550p from 1600p
 
                 * Land Securities  LAND.L : Morgan Stanley raises to overweight from
 equal-weight
 
                 * Volvo Car AB  VOLCARB.ST : HSBC raises to buy from hold
 
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
    
                 * ABB Ltd  ABBN.S : RBC raises target price to CHF 39 from CHF 38
 
                 * Acciona Energia  ANE.MC : HSBC cuts target price to EUR 27 from EUR 30
 
                 * Adidas AG  ADSGn.DE : RBC raises to outperform from sector perform
 
                 * Allgeier SE  AEIGn.DE : Berenberg cuts target price to EUR 26 from EUR 27
 
                 * Bawag Group AG  BAWG.VI : JP Morgan raises target price to EUR 76 from EUR 68.90
 
                 * BBVA  BBVA.MC : RBC raises target price to EUR 11 from EUR 10.50
 
                 * Belimo Holding AG  BEAN.S : Jefferies cuts target price to CHF 481 from CHF 542
 
                 * British Land  BLND.L : Morgan Stanley raises target price to 460p from 405p
 
                 * Centrica  CNA.L : HSBC cuts target price to 190p from 200p
 
                 * Dassault Systemes  DAST.PA : Jefferies raises target price to EUR 33 from EUR 31
 
                 * Deutsche Bank AG  DBKGn.DE : HSBC raises target price to EUR 12 from EUR 9.8
 
                 * Deutsche Boerse AG  DB1Gn.DE : RBC raises target price to EUR 183 from EUR 176
 
                 * Drax Group Plc  DRX.L : HSBC cuts target price to 470p from 480p
 
                 * Ecoener SA  ECNER.MC : HSBC cuts target price to EUR 5.5 from EUR 6
 
                 * EDPR  EDPR.LS : HSBC cuts target price to EUR 19.5 from EUR 20
 
                 * Electrolux  ELUXb.ST : JP Morgan cuts target price to SEK 90 from SEK 100
 
                 * Encavis AG  ECVG.DE : HSBC cuts target price to EUR 18 from EUR 20
 
                 * Enel  ENEI.MI : HSBC cuts target price to EUR 7.5 from EUR 7.6
 
                 * Energias De Portugal  EDP.LS : HSBC cuts target price to EUR 5.2 from EUR 5.3
 
                 * Engie  ENGIE.PA : HSBC cuts target price to EUR 16.5 from EUR 16.9
 
                 * Fertiglobe Plc  FERTIGLOBE.AD : HSBC cuts target price to aed 3.2 from aed 3.6
 
                 * Fevertree Drinks Plc  FEVR.L : HSBC cuts target price to 1550p from 1600p
 
                 * Generali  GASI.MI : JP Morgan raises target price to EUR 24 from EUR 23.50
 
                 * Getinge  GETIb.ST : JP Morgan cuts target price to SEK 164 from SEK 224
 
                 * Holmen AB  HOLMb.ST : Jefferies cuts target price to SEK 393 from SEK 410
 
                 * ING Groep NV  INGA.AS : RBC cuts target price to EUR 15.5 from EUR 17
 
                 * Intermediate Capital Group Plc  ICP.L : Jefferies raises PT to 2,300p from 2,150p
 
                 * Julius Baer Gruppe AG  BAER.S : RBC cuts target price to CHF 56 from CHF 57
 
                 * Kingfisher  KGF.L : JP Morgan cuts target price to 180p from 190p
 
                 * Land Securities  LAND.L : Morgan Stanley raises target price to 730p from 650p
 
                 * Land Securities  LAND.L : Morgan Stanley raises to overweight from equal-weight
 
                 * National Grid Plc  NG.L : Jefferies raises to buy from hold
 
                 * National Grid Plc  NG.L : Jefferies raises target price to 1,330p from 1,000p
 
                 * Petkim  PETKM.IS : HSBC raises target price to TRY 13 from TRY 11
 
                 * Polypeptide Group AG  PPGN.S : UBS resumes coverage with neutral rating; PT CHF 16.2 vs CHF 26.5
 
                 * Prudential  PRU.L : HSBC cuts target price to 1745p from 1890p
 
                 * RWE  RWEG.DE : HSBC cuts target price to EUR 50 from EUR 53
 
                 * Safestore Holdings Plc  SAFE.L : Peel Hunt cuts target price to 830p from 900p
 
                 * Santander  SAN.MC : HSBC raises target price to EUR 4.2 from EUR 4.1
 
                 * Santander  SAN.MC : RBC raises target price to EUR 4.80 from EUR 4.60
 
                 * SIIG  2250.SE : HSBC cuts target price to sar 22 from sar 26
 
                 * Sipchem  2310.SE : HSBC cuts target price to sar 40 from sar 44
 
                 * SSE  SSE.L : HSBC cuts target price to 2200p from 2250p
 
                 * Stora Enso Oyj  STERV.HE : Jefferies cuts target price to EUR 14 from EUR 15
 
                 * Tele2  TEL2B.ST : HSBC raises target price to SEK 92 from SEK 81
 
                 * UPM-Kymmene Oyj  UPM.HE : Jefferies cuts target price to EUR 34 from EUR 35
 
                 * Volvo Car AB  VOLCARB.ST : HSBC cuts target price to SEK 43 from SEK 46
 
                 * Volvo Car AB  VOLCARB.ST : HSBC raises to buy from hold
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))