Europe Research Roundup: Londonmetric, SCA, Warehouse REIT

En+ MKPAO

14/01/2022 07:42

Jan 14 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Londonmetric, SCA and Warehouse REIT, on Friday. 
    
    HIGHLIGHTS
     * Koninklijke Philips NV  PHG.AS : HSBC raises to buy from hold 
     * Londonmetric  LMPL.L : RBC raises to outperform from sector perform    
     * SCA AB  SCAb.ST : Jefferies cuts to hold from buy; raises target to SEK 164 from SEK 160 
     * Warehouse REIT Plc  WHRW.L : RBC cuts to sector perform from outperform     
    
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Anglo American  AAL.L : Credit Suisse raises target price to 3700p from 3250p 
     * Ascential  ASCL.L : Peel Hunt raises target price to 470p from 440p 
     * BHP  BHPB.L : Credit Suisse raises target price to 2300p from 2200p 
     * Bouygues  BOUY.PA : JP Morgan cuts target price to EUR 47 from EUR 48 
     * En+ Group Mkpao  ENPLq.L : Credit Suisse assumes coverage with outperform vs neutral rating 
     * En+ Group Mkpao  ENPLq.L : Credit Suisse assumes coverage with target of $22 vs $11.40 
     * Genus  GNS.L : HSBC cuts target price to 5830p from 5870p 
     * Glencore  GLEN.L : Credit Suisse raises target price to 400p from 370p 
     * Hays  HAYS.L : RBC raises target price to 205p from 195p 
     * Hellofresh SE  HFGG.DE : JP Morgan cuts target price to EUR 68 from EUR 78 
     * Koninklijke Philips NV  PHG.AS : HSBC cuts target price to EUR 38 from EUR 44 
     * Koninklijke Philips NV  PHG.AS : HSBC raises to buy from hold 
     * Lloyds  LLOY.L : Credit Suisse raises target price to 70p from 66p 
     * Londonmetric  LMPL.L : RBC raises to outperform from sector perform
     * Londonmetric  LMPL.L : RBC raises target price to 325p from 280p 
     * Marks and Spencer Group  MKS.L : Credit Suisse raises target price to 275p from 265p 
     * Natwest Group Plc  NWG.L : Credit Suisse raises target price to 310p from 290p 
     * Norilsk Nickel  NKELyq.L : Credit Suisse assumes coverage with neutral vs outperform rating 
     * Norilsk Nickel  NKELyq.L : Credit Suisse assumes coverage with target price of $35 vs $39 
     * Orange SA  ORAN.PA : JP Morgan cuts target price to EUR 12 from EUR 13 
     * Rio Tinto  RIO.L : Credit Suisse raises target price to 5500p from 5300p 
     * Royal Mail Plc  RMG.L : JP Morgan cuts target price to 768p from 777p 
     * Safran  SAF.PA : Berenberg cuts target price to EUR 140 from EUR 150 
     * Sainsbury  SBRY.L : Credit Suisse raises target price to 304p from 290p 
     * Sainsbury  SBRY.L : HSBC raises target price to 315p from 280p 
     * SCA AB  SCAb.ST : Jefferies cuts to hold from buy; raises target to SEK 164 from SEK 160 
     * Smiths Group  SMIN.L : Goldman Sachs reinstates coverage with buy rating and PT of 1840p 
     * Tele2 AB  TEL2b.ST : JP Morgan cuts target price to SEK 168 from SEK 169 
     * Tesco  TSCO.L : Credit Suisse raises target price to 321p from 306p 
     * Tesco  TSCO.L : HSBC raises target price to 350p from 330p 
     * Vat Group AG  VACN.S : Credit Suisse raises target price to CHF 321 from CHF 270 
     * Vestas  VWS.CO : HSBC cuts target price to DKK 205 from DKK 230 
     * Warehouse REIT Plc  WHRW.L : RBC cuts to sector perform from outperform 
     * Warehouse REIT Plc  WHRW.L : RBC raises target price to 180p from 175p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))