Europe Research Roundup: ASMI, Siemens, Volvo

Ecoener SA

14/10/2022 08:06

Oct 14 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including ASMI, Siemens and Volvo, on Friday. 
    HIGHLIGHTS  
     * ASMI  ASMI.AS : Berenberg cuts target price to EUR 320 from EUR 340
     * Kardemir  KRDMD.IS : HSBC cuts to hold from buy
     * Schindler Holding AG  SCHN.S : HSBC raises to hold from reduce
     * Siemens AG  SIEGN.DE : HSBC cuts target price to EUR 130 from EUR 140
     * Volvo  VOLVB.ST : HSBC cuts target price to SEK 180 from SEK 190
 Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
     * ABB  ABBN.S : HSBC cuts target price to CHF 26 from CHF 27.02
     * Alstom  ALSO.PA : HSBC cuts target price to EUR 30 from EUR 32
     * ASMI  ASMI.AS : Berenberg cuts target price to EUR 320 from EUR 340
     * Assa Abloy  ASSAB.ST : HSBC cuts target price to SEK 220 from SEK 225
     * Atlas Copco  ATCOA.ST : HSBC cuts target price to SEK 125 from SEK 130
     * Aveva Group Plc  AVV.L : HSBC raises target price to 3125p from 3090p
     * AXA  AXAF.PA : JP Morgan cuts target price to EUR 30 from EUR 31
     * Bawag Group  BAWG.VI : HSBC raises target price to EUR 77 from EUR 72
     * BBVA  BBVA.MC : RBC raises target price to EUR 6.5 from EUR 6.2
     * Close Brothers Group Plc  CBRO.L : Peel Hunt cuts target price to 1264p from 1377p
     * Daimler Truck Holding AG  DTGGe.DE : HSBC cuts target price to EUR 26 from EUR 28
     * Epiroc  EPIRA.ST : HSBC cuts target price to SEK 190 from SEK 200
     * Erdemir  EREGL.IS : HSBC cuts to hold from buy
     * Grupo Ecoener SA  ECNER.MC : HSBC raises target price to EUR 8 from EUR 7
     * Hexagon AB  HEXAB.ST : HSBC cuts target price to SEK 120 from SEK 140
     * Holmen AB  HOLMb.ST : Credit Suisse cuts target price to SEK 420 from SEK 440
     * Kardemir  KRDMD.IS : HSBC cuts to hold from buy
     * Kone Oyj  KNEBV.HE : HSBC cuts target price to EUR 47 from EUR 50
     * Legrand  LEGD.PA : HSBC cuts target price to EUR 76 from EUR 80
     * Schindler Holding AG  SCHN.S : HSBC raises to hold from reduce
     * Schneider Electric  SCHN.PA : HSBC cuts target price to EUR 155 from EUR 165
     * Siemens AG  SIEGN.DE : HSBC cuts target price to EUR 130 from EUR 140
     * Siemens Energy AG  ENR1n.DE : HSBC cuts target price to EUR 12 from EUR 15
     * SKF  SKFB.ST : HSBC cuts target price to SEK 180 from SEK 220
     * Thales  TCFP.PA : JP Morgan cuts target price to EUR 143 from EUR 150
     * Tryg  TRYG.CO : Credit Suisse cuts target price to DKK 162 from DKK 163
     * Volvo  VOLVB.ST : HSBC cuts target price to SEK 180 from SEK 190
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))