Europe Research Roundup: Frontier Developments, Steico SE, Tyman

Elior SA

26/07/2023 08:17

July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies,
including Frontier Developments, Steico SE and Tyman on Wednesday. 
    
    HIGHLIGHTS  
                 * Embracer Group AB  EMBRACB.ST : HSBC cuts to hold from buy 
 
                 * Frontier Developments Plc  FDEV.L : Jefferies raises to buy from hold
 
                 * Lotus Bakeries NV  LOTB.BR : Berenberg cuts to hold from buy
 
                 * Steico SE  ST5G.DE : Berenberg cuts to hold from buy 
 
                 * Tyman Plc  TYMN.L : Berenberg raises to buy from hold 
 
      
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in
alphabetical order.
  
                 * Aker BP ASA  AKRBP.OL : Stifel raises target price to NOK 396 from NOK 374 
 
                 * Akzo Nobel NV  AKZO.AS : JP Morgan raises target price to EUR 68.5 from EUR 63 
 
                 * Atoss Software AG  AOFG.DE : Berenberg raises target price to EUR 232 from EUR 230 
 
                 * Babcock International  BAB.L : JP Morgan raises target price to 555p from 455p 
 
                 * Close Brothers Group Plc  CBRO.L : Peel Hunt cuts target price to 961p from 977p 
 
                 * Dassault Systemes  DAST.PA : JP Morgan raises target price to EUR 35 from EUR 31 
 
                 * Edenred  EDEN.PA : JP Morgan raises target price to EUR 65 from EUR 64 
 
                 * Elior Group SA  ELIOR.PA : JP Morgan cuts target price to EUR 2.3 from EUR 2.5 
 
                 * Embracer Group AB  EMBRACB.ST : HSBC cuts target price to SEK 32 from SEK 90 
 
                 * Embracer Group AB  EMBRACB.ST : HSBC cuts to hold from buy 
 
                 * Essity AB (Publ)  ESSITYb.ST : HSBC cuts target price to SEK 330 from SEK 350 
 
                 * Frontier Developments Plc  FDEV.L : Jefferies raises to buy from hold
 
                 * Frontier Developments Plc  FDEV.L : Jefferies raises target price to 680p from 493p 
 
                 * Idorsia Ltd  IDIA.S : Credit Suisse cuts target price to CHF 5.50 from CHF 6 
 
                 * Idorsia Ltd  IDIA.S : Jefferies cuts target price to CHF 6.30 from CHF 7.70 
 
                 * Idorsia Ltd  IDIA.S : JP Morgan cuts target price to CHF 6.5 from CHF 8 
 
                 * Keywords Studios Plc  KWS.L : Jefferies cuts target price to 2600p from 3600p 
 
                 * Koninklijke Philips NV  PHG.AS : CFRA raises target price to EUR 16 from EUR 15 
 
                 * Leg Immobilien SE  LEGn.DE : JP Morgan raises target price to EUR 85 from EUR 75 
 
                 * Lonza Group AG  LONN.S : Jefferies cuts target price to CHF 570 from CHF 600 
 
                 * Lotus Bakeries NV  LOTB.BR : Berenberg cuts to hold from buy
 
                 * Lotus Bakeries NV  LOTB.BR : Berenberg raises target price to EUR 8000 from EUR 7000 
 
                 * LVMH  LVMH.PA : Credit Suisse raises target price to EUR 1020 from EUR 1005 
 
                 * M6  MMTP.PA : JP Morgan cuts target price to EUR 18.5 from EUR 19.2 
 
                 * MGI Media & Games Invest SE  M8G.ST : Jefferies cuts to hold from buy
 
                 * MGI Media & Games Invest SE  M8G.ST : Jefferies cuts target to SEK 15.30 from SEK 48 
 
                 * MGI Media and Games Invest SE  M8G.DE : Jefferies cuts to hold from buy
 
                 * MGI Media and Games Invest SE  M8G.DE : Jefferies cuts target to EUR 1.30 from EUR 4.50 
 
                 * Niox Group Plc  NIOX.L : Peel Hunt raises target price to 77p from 73p 
 
                 * Nordnet AB (Publ)  SAVE.ST : JP Morgan raises target price to SEK 147 from SEK 144 
 
                 * Pearson  PSON.L : JP Morgan cuts target price to 1190p from 1230p 
 
                 * Publicis Groupe  PUBP.PA : HSBC raises target price to EUR 87 from EUR 85 
 
                 * Remy Cointreau  RCOP.PA : Bernstein cuts target price to EUR 176 from EUR 180 
 
                 * Remy Cointreau  RCOP.PA : Credit Suisse raises target price to EUR 160 from EUR 152 
 
                 * Rovio Entertainment Oyj  ROVIO.HE : Jefferies cuts to hold from buy
 
                 * Rovio Entertainment Oyj  ROVIO.HE : Jefferies raises target to EUR 9.25 from EUR 8.40 
 
                 * SIG Plc  SHI.L : Jefferies cuts target price to 30.50p from 33.10p 
 
                 * Steico SE  ST5G.DE : Berenberg cuts to hold from buy 
 
                 * Steico SE  ST5G.DE : Berenberg cuts target price to EUR 35 from EUR 60 
 
                 * Team17 Group Plc  TM17.L : Jefferies cuts target price to 360p from 475p 
 
                 * Tele2 AB  TEL2b.ST : Berenberg cuts target price to SEK 86 from SEK 104 
 
                 * Tyman Plc  TYMN.L : Berenberg raises to buy from hold 
 
                 * Tyman Plc  TYMN.L : Berenberg raises target price to 360p from 250p 
 
                 * Tyman Plc  TYMN.L : Jefferies raises target price to 350p from 330p 
 
                 * Ubisoft  UBIP.PA : Jefferies raises target price to EUR 20 from EUR 17.50 
 
                 * Unilever  ULVR.L : Credit Suisse raises target price to 5000p from 4800p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))