Europe Research Roundup: Aib Group Plc, BMW, Continental AG

ElringKlinger AG

05/01/2021 07:36

Jan 5 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aib Group Plc, BMW and Continental AG, on Tuesday. 
    
    HIGHLIGHTS    
     * Aib Group Plc  AIBG.I : KBW cuts to market perform from outperform 
     * BMW  BMWG.DE : JP Morgan cuts to neutral from overweight     
     * Continental AG  CONG.DE : JP Morgan raises to overweight from neutral 
     * ElringKlinger AG  ZILGn.DE : JP Morgan raises to neutral from underweight 
     * Spire Healthcare Group Plc  SPI.L : Jefferies raises to hold from underperform     
              
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Aib Group Plc  AIBG.I : KBW cuts to market perform from outperform 
     * Bank of Ireland Group Plc  BIRG.I : KBW raises to outperform from market perform
     * Bank of Ireland Group Plc  BIRG.I : KBW sets price target of EUR 4.7 
     * BMW  BMWG.DE : JP Morgan cuts to neutral from overweight 
     * Burberry  BRBY.L : JP Morgan Rolls Forward mar-22 PT of 1,750p vs mar-21 PT of 1,550p 
     * Burberry  BRBY.L : JP Morgan sets March 2022 PT of 1750p vs march 2021 PT of 1550p 
     * Compagnie Financiere Richemont SA  CFR.S : JP Morgan rolls forward march-22 PT of CHF 77 vs march-21
 PT of CHF 65 
     * Continental AG  CONG.DE : JP Morgan raises to overweight from neutral 
     * Daimler AG  DAIGn.DE : JP Morgan raises target price to EUR 69 from EUR 63 
     * Diageo  DGE.L : Credit Suisse cuts target price to 3400p from 3450p 
     * Dialog Semiconductor Plc  DLGS.DE : Credit Suisse raises target to EUR 58 from EUR 56 
     * E.ON SE  EONGn.DE : JP Morgan initiates with neutral rating and EUR 10 target price 
     * ElringKlinger AG  ZILGn.DE : JP Morgan raises to neutral from underweight 
     * Epiroc AB  EPIRa.ST : JP Morgan raises target price to SEK 140 from SEK 135 
     * JTC Plc  JTC.L : RBC raises target price to 640p from 610p 
     * Nagarro SE  NA9n.DE : Jefferies initiates with buy rating and EUR 110 target price 
     * Nanobiotix SA  NANOB.PA : Jefferies raises target price to EUR 20.50 from EUR 15 
     * Nordnet AB (Publ)  SAVE.ST : Berenberg initiates coverage with buy rating; PT SEK 145 
     * Nordnet AB (Publ)  SAVE.ST : JP Morgan initiates coverage with neutral rating 
     * Nordnet AB (Publ)  SAVE.ST : JP Morgan initiates coverage with SEK 137 target price 
     * Pernod Ricard  PERP.PA : Credit Suisse cuts target price to EUR 170 from EUR 172 
     * Pernod Ricard  PERP.PA : Jefferies raises target price to EUR 180 from EUR 170 
     * Renault  RENA.PA : JP Morgan raises target price to EUR 67 from EUR 40 
     * S4 Capital Plc  SFOR.L : Credit Suisse raises target price to 570p from 500p 
     * Sika AG  SIKA.S : Credit Suisse raises target price to CHF 260 from CHF 240 
     * Spire Healthcare Group Plc  SPI.L : Jefferies raises target price to 159p from 78p 
     * Spire Healthcare Group Plc  SPI.L : Jefferies raises to hold from underperform 
     * SSE  SSE.L : Credit Suisse cuts target price to 1,400p from 1,425p 
     * Unilever  ULVR.L : Jefferies cuts target price to 5,350p from 5,500p 
     * Volkswagen AG  VOWG_p.DE : JP Morgan raises target price to EUR 190 from EUR 150 
     * Wendel  MWDP.PA : HSBC raises target price to EUR 123 from EUR 112 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))