Europe Research Roundup: Continental, Fevertree Drinks, IDS

Elior SA

18/09/2023 09:49

Sept 18 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Continental, Fevertree Drinks and IDS, on Monday. 
    
    HIGHLIGHTS
                 * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan cuts to neutral from overweight 
 
                 * BioPharma Credit Plc  BPCR.L : Jefferies raises to buy from underperform     
 
                 * Continental AG  CONG.DE : Goldman Sachs raises to neutral from sell     
 
                 * Fevertree Drinks Plc  FEVR.L : RBC raises to sector perform from underperform    
 
                 * IDS  IDSI.L : JP Morgan raises to overweight from neutral     
 
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
                 * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan cuts target price to DKK 13000 from DKK 18500 
 
                 * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan cuts to neutral from overweight 
 
                 * Alfa Laval  ALFA.ST : Morgan Stanley raises target price to SEK 380 from SEK 373 
 
                 * Ascential Plc  ASCL.L : Barclays cuts target price to 280p from 320p 
 
                 * Ashtead Group  AHT.L : HSBC raises target price to 6860p from 6610p 
 
                 * Belimo Holding AG  BEAN.S : Berenberg raises target price to CHF 570 from CHF 545 
 
                 * BioPharma Credit Plc  BPCR.L : Jefferies raises to buy from underperform 
 
                 * Bravida Holding AB  BRAV.ST : Deutsche Bank cuts target price to SEK 95 from SEK 120 
 
                 * Continental AG  CONG.DE : Goldman Sachs raises to neutral from sell 
 
                 * Deutsche Lufthansa AG  LHAG.DE : JP Morgan cuts target price to EUR 13.50 from EUR 14.10 
 
                 * Elior Group  ELIOR.PA : UBS cuts target price to EUR 2.4 from EUR 3.1 
 
                 * EMS Chemie Holding AG  EMSN.S : Stifel raises target price to CHF 700 from CHF 670 
 
                 * Energean Plc  ENOG.L : Jefferies raises to buy from hold; raises PT to 1500p from 1100p 
 
                 * ENI  ENI.MI : RBC raises target price to EUR 16 from EUR 15 
 
                 * Entain  ENT.L : Morgan Stanley resumes with overweight rating; 1740p target price 
 
                 * Fevertree Drinks Plc  FEVR.L : RBC raises to sector perform from underperform
 
                 * Fevertree Drinks Plc  FEVR.L : RBC raises target price to 1300p from 1000p 
 
                 * Flutter Entertainment Plc  FLTRF.L : Morgan Stanley raises PT to 17800p from 17000p 
 
                 * Funding Circle Holdings Plc  FCH.L : Peel Hunt cuts target price to 80p from 97p 
 
                 * Georg Fischer AG  GF.S : Stifel cuts target price to CHF 71 from CHF 76 
 
                 * Gsk Plc  GSK.L : Barclays raises target price to 1575p from 1450p 
 
                 * H&M  HMb.ST : Deutsche Bank cuts target price to SEK 195 from SEK 200 
 
                 * High Co SA  HIGH.PA : Protzamparc cuts to hold from buy; target to EUR 4.8 from EUR 5.4 
 
                 * IDS  IDSI.L : JP Morgan raises target price to 310p from 300p 
 
                 * IDS  IDSI.L : JP Morgan raises to overweight from neutral 
 
                 * Immobel SA  IMMO.BR : Berenberg cuts target price to EUR 52 from EUR 76 
 
                 * Inpost SA  INPST.AS : Goldman Sachs raises target price to EUR 14 from EUR 12.6 
 
                 * Keywords Studios Plc  KWS.L : Citigroup cuts price target to 1815p from 2100p 
 
                 * Merck KGaA  MRCG.DE : Jefferies raises target price to EUR 201 from EUR 190 
 
                 * Merlin Properties  MRL.MC : Citigroup cuts price target to EUR 6.4 from EUR 7.9 
 
                 * MJ Gleeson Plc  GLEG.L : Peel Hunt raises target price to 490p from 480p 
 
                 * Next Plc  NXT.L : JP Morgan raises target price to 7300p from 7000p 
 
                 * Ocado  OCDO.L : Jefferies raises target price to 750p from 550p 
 
                 * OCI NV  OCI.AS : Berenberg raises target price to EUR 30 from EUR 28 
 
                 * Orsted A/S  ORSTED.CO : JP Morgan cuts target price to DKK 460 from DKK 640 
 
                 * Pernod Ricard SA  PERP.PA : Morgan Stanley cuts target price to EUR 184 from EUR 205 
 
                 * Prosus  PRX.AS : HSBC raises target price to EUR 38 from EUR 35.33 
 
                 * UBS Group AG  UBSG.S : HSBC raises target price to CHF 33 from CHF 24.5 
 
                 * Unibail-Rodamco-Westfield  URW.PA : Barclays raises target price to EUR 58 from EUR 47 
 
                 * Unibail-Rodamco-Westfield  URW.PA : Barclays raises to overweight from underweight 
 
                 * Valeo  VLOF.PA : Goldman Sachs cuts to sell from neutral 
 
                 * Victrex Plc  VCTX.L : Morgan Stanley cuts target price to 1550p from 1620p 
 
                 * WH Smith Plc  SMWH.L : Berenberg cuts target price to 1900p from 2000p 
 
                 * Wizz Air  WIZZ.L : JP Morgan cuts target price to 3900p from 4300p 
 
                 * Zurich Airport  FHZN.S : Barclays cuts target price to CHF 200 from CHF 220 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))