Europe Research Roundup: Allianz, Mercedes-Benz, Tesco

Eni SpA

09/10/2026 07:41

Oct 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Allianz, Mercedes-Benz and Tesco, on Friday.

HIGHLIGHTS

* Allianz SE ALVG.DE: Jefferies raises target price to EUR 440 from EUR 420
* Hexagon HEXAb.ST: JP Morgan raises to overweight from neutral
* Mercedes-Benz MBGN.DE: HSBC cuts target price to EUR 61 from EUR 63
* Shell SHEL.L: Berenberg raises target price to 4,300p from 4,000p
* Tesco TSCO.L: JP Morgan raises target price to 500p from 490p

Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order. 

* Aker BP AKRBP.OL: Berenberg raises target price to NOK 350.0 from NOK 340.0
* Allianz SE ALVG.DE: Jefferies raises target price to EUR 440 from EUR 420
* Alstom ALSO.PA: UBS cuts target price to EUR 18 from EUR 24
* Amplifon SpA AMPF.MI: Morgan Stanley raises target price to EUR 14.96 from EUR 14.9
* Amundi SA AMUN.PA: Jefferies raises target price to EUR 105 from EUR 95
* Andritz AG ANDR.VI: JP Morgan raises target price to EUR 94 from EUR 93
* Arcadis NV ARDS.AS: Jefferies cuts target price to EUR 50 from EUR 55
* ArcelorMittal MT.AS: UBS raises to buy from neutral
* Arcelormittal MT.AS: UBS raises target price to EUR 71 from EUR 61
* Argenx SE ARGX.BR: Bernstein cuts target price to EUR 955 from EUR 986
* Banco Comercial Portugues S.A. BCP.LS: UBS cuts PT to EUR 1.34 from EUR 1.35
* Barclays BARC.L: RBC cuts target price to 525p from 550p
* Biomerieux SA BIOX.PA: Morgan Stanley raises target price to EUR 71 from EUR 66
* BP BP.L: Berenberg raises target price to 650p from 605p
* Bureau Veritas BVI.PA: Citigroup raises target price to EUR 31.54 from EUR 31.44
* Bureau Veritas BVI.PA: Citigroup raises to buy from neutral
* Coloplast COLOb.CO: Jefferies cuts target price to DKK 575 from DKK 625
* Computacenter Plc CCC.L: BofA Global Research raises price objective to 6951p from 6610p
* Convatec Group Plc CTEC.L: Morgan Stanley cuts target price to 288p from 289p
* CRH Plc CRH.N: RBC cuts target price to $135 from $165
* DCC DCC.L: Peel Hunt cuts to hold from add; raises target price to 6567p from 6350p
* Demant DEMANT.CO: Morgan Stanley raises target price to DKK 399 from DKK 388
* DHL Group DHLn.DE: Jefferies raises target price to EUR 61 from EUR 59
* Diasorin S.P.A. DIAS.MI: Morgan Stanley raises target price to EUR 78 from EUR 71
* DPC Holdings Plc DPC.N: Barclays initiates with overweight rating and target price $49
* DSV DSV.CO: JP Morgan cuts target price to DKK 1400 from DKK 2165
* DSV DSV.CO: JP Morgan cuts to neutral from overweight
* E.ON EONGn.DE: Morgan Stanley cuts target price to EUR 21 from EUR 22
* Enel ENEI.MI: Morgan Stanley cuts target price to EUR 8.5 from EUR 9.2
* Energean Plc ENOG.L: Berenberg raises target price to 800p from 780p
* ENI ENI.MI: Berenberg raises target price to EUR 26.0 from EUR 25.5
* Equinor EQNR.OL: Berenberg raises target price to NOK 365.0 from NOK 335.0
* Essilorluxottica ESLX.PA: BofA Global Research cuts price objective to EUR 205 from EUR 237
* Getlink GETP.PA: UBS cuts target price to EUR 19.6 from EUR 19.8
* GN Store Nord GN.CO: Alphavalue cuts target price to DKK 141 from DKK 158
* Greggs GRG.L: RBC raises target price to 2000p from 1960p
* Harbour Energy Plc HBR.L: Berenberg raises target price to 295p from 245p
* Harbour Energy Plc HBR.L: BofA Global Research ups price objective to 360p from 350p
* Heidelberg Materials HEIG.DE: RBC cuts target price to EUR 211 from EUR 217
* Heidelberg Materials HEIG.DE: RBC raises to outperform from sector perform
* Hexagon HEXAb.ST: JP Morgan raises target price to SEK 125 from SEK 90
* Hexagon HEXAb.ST: JP Morgan raises to overweight from neutral
* Holcim AG HOLN.S: RBC cuts target price to CHF 69 from CHF 73
* ING Groep N.V. INGA.AS: RBC raises target price to EUR 33 from EUR 32
* Ithaca Energy Plc ITH.L: Berenberg raises target price to 350p from 315p
* JD Sports JD.L: JP Morgan cuts target price to 85p from 86p
* Kingspan Group Plc KRX.I: RBC raises target price to EUR 131 from EUR 122
* Kistos Holdings Plc KIST.L: Berenberg raises target price to 420p from 405p
* Knorr Bremse AG KBX.DE: Jefferies raises target price to EUR 126 from EUR 125
* Koninklijke Philips N.V. PHG.AS: Morgan Stanley cuts target to EUR 21 from EUR 22
* Kuehne+Nagel KNIN.S: JP Morgan raises target price to CHF 185 from CHF 175
* Lotus Bakeries NV LOTB.BR: Morgan Stanley initiates with equal weight rating; PT EUR 12
* Mercedes-Benz MBGN.DE: HSBC cuts target price to EUR 61 from EUR 63
* Morgan Advanced Materials MGAMM.L: RBC raises target price to 330p from 250p
* Morgan Advanced Materials MGAMM.L: RBC raises to outperform from sector perform
* Nexans NEXS.PA: HSBC cuts target price to EUR 175 from EUR 180
* Next Plc NXT.L: JP Morgan raises target price to 14400p from 14040p
* Novo NOVOb.CO: Citigroup cuts target price to DKK 296 from DKK 310
* OMV Aktiengesellschaft OMVV.VI: Berenberg raises target to EUR 67.0 from EUR 55.0
* Pandox AB PANDXb.ST: UBS raises target price to SEK 232 from SEK 228
* Pearson Plc PSON.L: UBS cuts to neutral from buy
* Pennon Group Plc PNN.L: Citigroup cuts target price to 438p from 552p
* Pennon Group Plc PNN.L: RBC cuts target price to 400p from 575p
* Pennon Group Plc PNN.L: RBC cuts to sector perform from outperform
* Qiagen NV QIA.DE: Morgan Stanley raises target price to EUR 44 from EUR 42
* Rational AG RAAG.DE: RBC raises target price to EUR 700 from EUR 680
* Rational AG RAAG.DE: RBC raises to outperform from sector perform
* Remy Cointreau RCOP.PA: Alphavalue cuts target price to EUR 40.5 from EUR 45.3
* Repsol REP.MC: Berenberg cuts target price to EUR 37.0 from EUR 37.5
* Repsol REP.MC: Jefferies raises target price to EUR 35 from EUR 34
* Rheinmetall AG RHMG.DE: Berenberg cuts target price to EUR 1020 from EUR 1600
* Rheinmetall AG RHMG.DE: Berenberg cuts to hold from buy
* Rockwool ROCKb.CO: RBC cuts target price to DKK 195 from DKK 197
* RS Group Plc RS1R.L: Citigroup raises target price to 900p from 650p
* Sainsbury SBRY.L: JP Morgan raises target price to 388p from 358p
* Saint-Gobain SGOB.PA: RBC cuts target price to EUR 80 from EUR 97
* Saint-Gobain SGOB.PA: RBC cuts to sector perform from outperform
* Saipem SpA SPMI.MI: Bernstein raises target price to EUR 5.44 from EUR 4.96
* Salzgitter SZGG.DE: UBS raises target price to EUR 71 from EUR 56
* Salzgitter SZGG.DE: UBS raises to buy from neutral
* Serica Energy Plc SQZ.L: Berenberg raises target price to 375p from 360p
* SES SA SESFd.PA: Barclays cuts target price to EUR 3.7 from EUR 5.15
* Shell SHEL.L: Berenberg raises target price to 4300p from 4000p
* Sika AG SIKA.S: RBC raises target price to CHF 179 from CHF 178
* Smith+Nephew Plc SN.L: Morgan Stanley cuts target price to 1076p from 1158p
* Soitec SA SOIT.PA: BofA Global Research raises price objective to EUR 300 from EUR 152
* Soitec SA SOIT.PA: BofA Global Research raises to buy from neutral
* Sonova Holding AG SOON.S: Morgan Stanley raises target price to CHF 259 from CHF 245
* Sopra Steria Group SA SOPR.PA: BofA Global Research cuts price objective to EUR 210 from EUR 213
* Springer Nature SPGG.DE: Barclays raises target price to EUR 25.15 from EUR 24.8
* Stillfront Group SFRG.ST: Barclays raises target price to SEK 9.5 from SEK 5.85
* Straumann Holding AG STMN.S: Morgan Stanley raises target price to CHF 90 from CHF 89
* Teamviewer SE TMV.DE: BofA Global Research cuts price objective to EUR 9.5 from EUR 9.7
* Tecan Group AG TECN.S: Morgan Stanley raises target price to CHF 227 from CHF 178
* Technip Energies N.V. TE.PA: BofA Global Research cuts price objective to EUR 33 from EUR 34
* Tesco TSCO.L: Jefferies raises target price to 500p from 480p
* Tesco TSCO.L: JP Morgan raises target price to 500p from 490p
* Tesco TSCO.L: Morgan Stanley raises target price to 580p from 550p
* Tesco Plc TSCO.L: UBS raises target price to 565p from 545p
* Totalenergies SE TTEF.PA: Berenberg raises target price to EUR 84.0 from EUR 78.0
* TRYG TRYG.CO: Jefferies raises target price to DKK 155 from DKK 152
* Ubisoft Entertainment SA UBIP.PA: Barclays raises target to EUR 5.85 from EUR 5.45
* Unite Group UTG.L: Berenberg cuts target price to 634p from 668p
* Unite Group UTG.L: Morgan Stanley cuts target price to 560p from 600p
* Vestas VWS.CO: Jefferies cuts target price to DKK 252 from DKK 255
* Vicore pharma Holding AB VICOR.ST: Jefferies initiates with buy rating; PT SEK 23
* Voestalpine VOES.VI: UBS raises target price to EUR 64 from EUR 49
* Voestalpine VOES.VI: UBS raises to buy from neutral
* Wartsila WRT1V.HE: Alphavalue cuts to add from buy
* Wienerberger AG WBSV.VI: Berenberg cuts target price to EUR 19 from EUR 25
* Wizz Air WIZZ.L: Barclays cuts target price to 1200p from 1250p
* Yara YAR.OL: JP Morgan cuts target price to NOK 390 from NOK 400

 (Compiled by Bengaluru Newsroom)
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