Europe Research Roundup: Danone, Ferguson, Kojamo

Efecte Oyj

03/12/2020 10:55

Dec 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies,
including Danone, Ferguson and Kojamo, on Thursday. 
    
    HIGHLIGHTS
     * Applus  APPS.MC : Morgan Stanley cuts to equal weight from overweight
     * Danone  DANO.PA : JP Morgan cuts to neutral from overweight
     * Ferguson  FERG.L : Exane BNP Paribas raises to outperform from underperform
     * Kojamo Oyj  KOJAMO.HE : JP Morgan raises to overweight from neutral
     * Tessenderlo Group NV  TESB.BR : Kepler Cheuvreux raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries
are in alphabetical order.
    
     * 3I Group  III.L : Citigroup raises price target to 1363p from 1097p
     * 888 Holdings Plc  888.L : Deutsche Bank raises target price to 320p from 290p
     * ABN Amro Bank NV  ABNd.AS : JP Morgan cuts target price to EUR 10.50 from EUR 13
     * Aib Group Plc  AIBG.I : Citigroup raises price target to EUR 1.7 from EUR 1.4
     * Akzo Nobel NV  AKZO.AS : Barclays raises target price to EUR 99 from EUR 96
     * Alpha Fx Group Plc  AFX.L : Liberum raises target price to 1350p from 1170p
     * Amundi SA  AMUN.PA : Citigroup raises price target to EUR 72.5 from EUR 68
     * Amundi SA  AMUN.PA : RBC raises target price to EUR 73 from EUR 71
     * Anheuser Busch Inbev SA  ABI.BR : JP Morgan raises target price to EUR 55 from EUR 45
     * Applus  APPS.MC : Morgan Stanley cuts to equal weight from overweight
     * Applus  APPS.MC : Morgan Stanley raises price target to EUR 8.75 from EUR 8.50
     * Ashmore  ASHM.L : Citigroup raises price target to 420p from 390p
     * Aures Technologies SA  AURS.PA : Midcap Partners raises PT to EUR 29.0 from EUR 24.5; rating "buy"
     * Aveva  AVV.L : UBS cuts target price to 3500p from 3574p
     * Aviva  AV.L : HSBC raises target price to 340p from 320p
     * Avon Rubber  AVON.L : Berenberg raises target price to 4,065p from 3,510p
     * Bank of Ireland Group Plc  BIRG.I : Citigroup raises price target to EUR 2.9 from EUR 2.35
     * Bat  BATS.L : Credit Suisse cuts price target to 4000p from 4100p
     * Beiersdorf AG  BEIG.DE : JP Morgan raises price target to EUR 100 from EUR 95
     * BKW AG  BKWB.S : UBS starts with buy rating; CHF 132 target price
     * Boliden AB  BOL.ST : Goldman Sachs initiates with sell, SEK 230 target price
     * Brenntag AG  BNRGn.DE : JP Morgan raises target price to EUR 72.50 from EUR 66.50
     * Bureau Veritas  BVI.PA : Morgan Stanley raises target price to EUR 25.5 from EUR 23
     * Campari  CPRI.MI : JP Morgan raises target price to EUR 10.65 from EUR 10
     * Carlsberg  CARLb.CO : JP Morgan raises target price to DKK 1,215 from DKK 1,050
     * Chr. Hansen  CHRH.CO : JP Morgan raises price target to DKK 500 from DKK 495
     * Countryside Properties Plc  CSPC.L : Barclays raises target price to 500p from 420p
     * Cranswick Plc  CWK.L : Barclays cuts target price to 3200p from 3500p
     * Crossject SA  ALCJ.PA : Kepler Cheuvreux raises target price to EUR 3.6 from EUR 2.2
     * Danone  DANO.PA : JP Morgan cuts target price to EUR 58 from EUR 66
     * Danone  DANO.PA : JP Morgan cuts to neutral from overweight
     * Deutsche Boerse AG  DB1Gn.DE : Independent Research raises PT to EUR 160.00 from EUR 150.00; rating buy
     * Deutsche Boerse AG  DB1Gn.DE : UBS raises target price to EUR 170 from EUR 165
     * Diageo  DGE.L : JP Morgan raises target price to 2,700p from 2,475p
     * DWS Group Gmbh & Co KGaA  DWSG.DE : Citigroup raises price target to EUR 40 from EUR 37
     * EDF  EDF.PA : Bernstein upgrades EDF to outperform vs market perform, and increases PT to 16 euros
     * Efecte OYJ  EFECTE.HE : Inderes raises PT to EUR 11.0 from EUR 9.2; rating increase
     * Essity AB (Publ)  ESSITYa.ST : JP Morgan cuts price target to SEK 255 from SEK 270
     * Eurofins Scientific SE  EUFI.PA : Morgan Stanley cuts price target to EUR 62 from EUR 69
     * Eurofins Scientific SE  EUFI.PA : Morgan Stanley cuts to underweight from equal weight
     * Evolution Gaming Group AB (PUBL)  EVOG.ST : Morgan Stanley raises PT to SEK 850 from SEK 800
     * Ferguson  FERG.L : Exane BNP Paribas raises to outperform from underperform
     * Fluidra SA  FLUI.MC : HSBC raises target price to EUR 18.5 from EUR 17.5
     * Forterra Plc  FORT.L : Exane BNP Paribas cuts to neutral from outperform
     * Fresnillo Plc  FRES.L : Peel Hunt initiates with add, 1,300p target price
     * G4S  GFS.L : Deutsche Bank raises target price to 235p from 210p
     * Global Fashion Group SA  GFG.DE : Baader Helvea initiates with buy, EUR 11 target price
     * Go-Ahead  GOG.L : Peel Hunt raises target price to 1,650p from 1,600p
     * Greencore  GNC.L : Barclays raises target price to 150p from 140p
     * GSK  GSK.L : UBS cuts to neutral from buy; cuts target price to 1,440p from 1,730p
     * Henkel AG & Co KGaA  HNKG_p.DE : JP Morgan raises price target to EUR 100 from EUR 94
     * Homeserve  HSV.L : Credit Suisse cuts price target to 1400p from 1500p
     * Ibstock  IBST.L : Exane BNP Paribas cuts to neutral from outperform
     * Impax Asset Management Group Plc  IPX.L : Peel Hunt raises target price to 660p from 565p
     * Interparfums SA  IPAR.PA : Bryan Garnier raises target price to EUR 37 from EUR 35
     * Intertek  ITRK.L : Morgan Stanley raises target price to 6000p from 5750p
     * Italy'S Prysmian  PRY.MI : Kepler Cheuvreux raises target price to EUR 30.6 from EUR 26.5
     * IWG  IWG.L : Peel Hunt raises target price to 340p from 255p
     * JDE Peet'S  JDEP.AS : JP Morgan cuts target price to EUR 40.50 from EUR 41.50
     * Jupiter Fund Management  JUP.L : Citigroup raises price target to 253p from 225p
     * Kerry Group Plc  KYGa.I : Citigroup raises price target to EUR 134 from EUR 128
     * Kerry Group Plc  KYGa.I : JP Morgan cuts price target to EUR 118 from EUR 121
     * Kesko OYJ  KESKOB.HE : Inderes raises to increase from reduce; target price EUR 22.0
     * Keystone Law Group Plc  KEYS.L : Peel Hunt initiates with add, 530p target price
     * Kingfisher  KGF.L : HSBC cuts target price to 280p from 330p
     * Kingspan Group Plc  KSP.I : Exane BNP Paribas raises to outperform from neutral
     * Kojamo Oyj  KOJAMO.HE : JP Morgan raises to overweight from neutral
     * Lamprell Plc  LAM.L : Canaccord Genuity raises target price to 55p from 40p
     * Legal & General Group Plc  LGEN.L : HSBC raises target price to 290p from 260p
     * Lloyds  LLOY.L : Credit Suisse raises price target to $43 from $40
     * L'Oreal  OREP.PA : JP Morgan raises price target to EUR 320 from EUR 310
     * Lumibird SA  LBIRD.PA : Midcap Partners raises PT to EUR 13.50 from EUR 12.80;rating "buy"
     * Man Group Plc  EMG.L : Citigroup raises price target to 142p from 140p
     * Marlowe Plc  MRLM.L : Stifel raises target price to 675p from 660p
     * MJ Gleeson Plc  GLEG.L : Liberum raises target price to 860p from 800p
     * Morphosys AG  MORG.DE : JP Morgan cuts target price to EUR 120 from EUR 130
     * Nestle SA  NESN.S : JP Morgan raises target price to CHF 125 from CHF 123
     * Nordex SE  NDXG.DE : Independent Research raises PT to EUR 19.50 from EUR 17.00; rating hold
     * Nordex SE  NDXG.DE : Jefferies raises price target to EUR 23 from EUR 19.5
     * Paragon Banking  PAGPA.L : Jefferies raises target price to 495p from 400p
     * Pernod Ricard  PERP.PA : JP Morgan raises target price to EUR 160 from EUR 145
     * Prosus NV  PRX.AS : Independent Research raises PT to EUR 97.00 from EUR 85.00;rating hold
     * RM Plc  RM.L : Peel Hunt raises price target to 315p from 310p
     * Saf Holland SE  SFQ.DE : Kepler Cheuvreux raises target price to EUR 8 from EUR 5
     * Santhera Pharmaceuticals Holding AG  SANN.S : Kepler Cheuvreux cuts PT to CHF 2.3 from CHF 6
     * Sberbank  SBER.MM : VTB Capital upgrades target price to RUB 420; buy reiterated
     * Schroders  SDR.L : Citigroup raises price target to 2900p from 2600p
     * SGS SA  SGSN.S : Morgan Stanley raises price target to CHF 3000 from CHF 2550
     * SGS SA  SGSN.S : Morgan Stanley raises to overweight from equal weight
     * Shell  RDSa.AS : Bernstein raises target price to EUR 24 from EUR 21
     * Shell  RDSa.AS : Bernstein raises to outperform from market-perform 
     * Shell  RDSa.L : Bernstein raises target price to 2100p from 1800p
     * Shell  RDSa.L : Bernstein raises to outperform from market-perform
     * Shell  RDSb.AS : Bernstein raises target price to EUR 24 from EUR 21
     * Shell  RDSb.AS : Bernstein raises to outperform from market-perform 
     * Shell  RDSb.L : Bernstein raises target price to 2100p from 1800p
     * Shell  RDSb.L : Bernstein raises to outperform from market-perform
     * Signify NV  LIGHT.AS : Kepler Cheuvreux raises target price to EUR 37 from EUR 31
     * Solvay  SOLB.BR : Credit Suisse raises price target to EUR 104 from EUR 90
     * Standard Life Aberdeen  SLA.L : Citigroup raises price target to 290p from 255p
     * stock Spirits Group Plc  STCK.L : JP Morgan raises target price to 325p from 300p
     * Symrise AG  SY1G.DE : JP Morgan cuts price target to EUR 98 from EUR 102
     * Tessenderlo Group NV  TESB.BR : Kepler Cheuvreux raises target price to EUR 38 from EUR 32
     * Tessenderlo Group NV  TESB.BR : Kepler Cheuvreux raises to buy from hold
     * Trainline  TRNT.L : Stifel initiates with buy rating and 540p target price
     * Tullow Oil Plc  TLW.L : RBC raises target price to 35p from 15p
     * Unilever  ULVR.L : JP Morgan cuts price target to 4630p from 4900p
     * Vat Group AG  VACN.S : Credit Suisse raises price target to CHF 159 from CHF 134
     * Vente-Unique.Com SA  ALVU.PA : Midcap Partners raises PT to EUR 13.1 from EUR 11.1;"buy"
     * Wartsila Oyj Abp  WRT1V.HE : HSBC raises target price to EUR 8 from EUR 6
     * Wartsila Oyj Abp  WRT1V.HE : HSBC raises to hold from reduce
     * Weir Group  WEIR.L : Morgan Stanley resumes coverage with equal weight rating 
     * Weir Group  WEIR.L : Morgan Stanley resumes coverage with price target of 1730p
     * Worldline SA  WLN.PA : Goldman Sachs reinstates with buy, EUR 100 target price
     * Worldline SA  WLN.PA : Morgan Stanley resumes coverage with equal weight rating 
     * Worldline SA  WLN.PA : Morgan Stanley resumes coverage with price target of EUR 81
 

 (Compiled by Bengaluru Newsroom)
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