Europe Research Roundup: Elisa Oyj, KBC Groep NV, L'Oreal

Elisa Oyj

13/02/2024 07:06

Feb 13 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies including Elisa Oyj, KBC Groep NV and L'Oreal on Tuesday. 
    
    HIGHLIGHTS
    
     * Elisa Oyj  ELISA.HE : HSBC raises to buy from hold 
     * KBC Groep NV  KBC.BR : CFRA raises to hold from sell 
     * L'Oréal  OREP.PA : HSBC raises target price to EUR 410 from EUR 407 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
   
     * Aker BP ASA  AKRBP.OL : RBC cuts target price to NOK 330 from NOK 340 
     * Breedon Group Plc  BREE.L : RBC initiates coverage with outperform rating; PT 575p 
     * Elisa Oyj  ELISA.HE : HSBC raises target price to EUR 49 from EUR 44 
     * Elisa Oyj  ELISA.HE : HSBC raises to buy from hold 
     * Equinor ASA  EQNR.OL : Jefferies cuts target price to NOK 210 from NOK 270 
     * Formycon AG  FYB.DE : Berenberg starts with buy rating; target price EUR 104 
     * Glencore  GLEN.L : RBC cuts target price to 520p from 540p 
     * ITM Power Plc  ITM.L : Berenberg cuts target price to 70p from 80p 
     * KBC Groep NV  KBC.BR : CFRA raises target price to EUR 65 from EUR 47 
     * KBC Groep NV  KBC.BR : CFRA raises to hold from sell 
     * L'Oréal  OREP.PA : HSBC raises target price to EUR 410 from EUR 407 
     * Maersk  MAERSKb.CO : JP Morgan cuts target price to DKK 13,300 from DKK 14,400 
     * OCI NV  OCI.AS : JP Morgan raises target price to EUR 27 from EUR 24 
     * Pandora  PNDORA.CO : RBC raises target price to DKK 820 from DKK 720 
     * Primary Health Properties Plc  PHP.L : Jefferies cuts target price to 114p from 122p 
     * Rockwool A/S  ROCKb.CO : Goldman Sachs raises to neutral
     * Rockwool A/S  ROCKb.CO : Goldman Sachs raises target price to DKK 2049 from DKK 1710 
     * Swisscom AG  SCMN.S : JP Morgan cuts target price to CHF 480 from CHF 485 
     * Victrex Plc  VCTX.L : HSBC cuts target price to 1450p from 1550p 
     * Vinci  SGEF.PA : Jefferies cuts target price to EUR 135 from EUR 136 
     * X Fab Silicon Foundries Ev  XFAB.PA : Berenberg cuts target price to EUR 10.5 from EUR 13 
     * Yara  YAR.OL : Jefferies raises target price to NOK 320 from NOK 300 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))