Europe Research Roundup: Berkeley Group, Sodexo, Whitbread

Elior SA

14/12/2023 07:22

Dec 14 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Berkeley Group, Sodexo and Whitbread, on Thursday. 
    
    HIGHLIGHTS  
    
     * Berkeley Group  BKGH.L : Citigroup raises target price to 4482p from 4111p
     * Compass Group  CPG.L : JP Morgan raises to overweight from neutral
     * Sodexo  EXHO.PA : JP Morgan raises target price to EUR 115 from EUR 110
     * United Utilities  UU.L : JP Morgan raises target price to 1,075p from 1,050p
     * Whitbread  WTB.L : JP Morgan cuts target price to 4200p from 4600p
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
    
     * Accor  ACCP.PA : JP Morgan cuts target price to EUR 38 from EUR 39
     * Ageas SA  AGES.BR : HSBC cuts to hold from buy; cuts target to EUR 45 from EUR 50.5
     * Ams Osram AG  AMS.S : Jefferies raises to buy from hold
     * Ams Osram AG  AMS.S : Jefferies cuts target price to CHF 2.7 from CHF 4.6
     * Barratt  BDEV.L : Citigroup cuts to neutral from buy; raises target to 571p from 486p
     * BAT  BATS.L : JP Morgan cuts target price to 2,700p from 2,900p
     * Bellway Plc  BWY.L : Citigroup raises target price to 2900p from 2450p
     * Berkeley Group  BKGH.L : Citigroup raises target price to 4482p from 4111p
     * Compass Group  CPG.L : JP Morgan raises target price to 2500p from 2200p
     * Compass Group  CPG.L : JP Morgan raises to overweight from neutral
     * Drax Group Plc  DRX.L : JP Morgan raises target price to 760p from 740p
     * Edenred  EDEN.PA : JP Morgan raises target price to EUR 72 from EUR 69
     * Elior Group SA  ELIOR.PA : JP Morgan raises target price to EUR 3 from EUR 2.3
     * Elior Group SA  ELIOR.PA : JP Morgan raises to neutral from underweight
     * Entain  ENT.L : JP Morgan cuts target price to 1280p from 1450p
     * Evolution AB (Publ)  EVOG.ST : JP Morgan cuts target price to SEK 1280 from SEK 1370
     * Flutter Entertainment Plc  FLTRF.L : JP Morgan raises target price to 16300p from 15700p
     * Greek Organisation of Football Prognostics SA  OPAr.AT : JP Morgan ups PT to EUR 20 from EUR
 18.5
     * Informa  INF.L : Citigroup cuts target price to 925p from 950p
     * Lottomatica Group SpA  LTMC.MI : JP Morgan raises target price to EUR 14.5 from EUR 13.5
     * Marston's  MARS.L : JP Morgan raises target price to 58p from 54p
     * Marston's  MARS.L : JP Morgan raises to overweight from neutral
     * Mitchells & Butlers  MAB.L : JP Morgan raises target price to 290p from 217p
     * Naked Wines Plc  WINEW.L : Jefferies cuts target price to 105p from 125p
     * Nanobiotix SA  NANOB.PA : Jefferies cuts target price to EUR 12 from EUR 12.5
     * National Grid Plc  NG.L : JP Morgan cuts target price to 1,225p from 1,275p
     * OCI NV  OCI.AS : Berenberg cuts target price to EUR 26 from EUR 30
     * Pearson  PSON.L : Citigroup raises target price to 1130p from 1050p
     * Pennon Group Plc  PNN.L : JP Morgan raises target price to 740p from 675p
     * Persimmon  PSN.L : Citigroup raises target price to 1255p from 1152p
     * PPHE Hotel  PPH.L : JP Morgan cuts target price to 1500p from 1600p
     * Publicis  PUBP.PA : Citigroup cuts to neutral from buy
     * Publicis  PUBP.PA : Citigroup cuts target price to EUR 90 from EUR 100
     * Redrow Plc  RDW.L : Citigroup raises target price to 609p from 521p
     * Relx  REL.L : Citigroup raises target price to 3100p from 2900p
     * Severn Trent  SVT.L : JP Morgan cuts to underweight from neutral
     * Severn Trent  SVT.L : JP Morgan raises target price to 2,450p from 2,400p
     * Sodexo  EXHO.PA : JP Morgan raises target price to EUR 115 from EUR 110
     * SSE  SSE.L : JP Morgan raises target price to 2,125p from 2,100p
     * Storebrand ASA  STB.OL : Berenberg raises target price to NOK 115 from NOK 110
     * Taylor Wimpey  TW.L : Citigroup raises target price to 150p from 131p
     * Tod's SpA  TOD.MI : Citigroup raises target price to EUR 36 from EUR 34.5
     * UMG  UMG.AS : Citigroup raises to buy from neutral; raises target to EUR 29 from EUR 25
     * United Utilities  UU.L : JP Morgan raises target price to 1,075p from 1,050p
     * Vistry Group Plc  VTYV.L : Citigroup raises target price to 840p from 804p
     * Whitbread  WTB.L : JP Morgan cuts target price to 4200p from 4600p
     * Wolters Kluwer NV  WLSNc.AS : Citigroup cuts to sell from neutral
     * Wolters Kluwer NV  WLSNc.AS : Citigroup cuts target price to EUR 112.5 from EUR 116
     * WPP  WPP.L : Citigroup cuts target price to 1200p from 1380p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))