Europe Research Roundup: Adidas, Equinor, Umicore

Euroapi SA

09/05/2022 08:05

May 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adidas, Equinor and Umicore, on Monday. 
    
    HIGHLIGHTS  
     * Adidas AG  ADSGn.DE : RBC cuts target price to EUR 265 from EUR 300
     * Equinor ASA  EQNR.OL : RBC cuts to sector perform from outperform
     * Umicore SA  UMI.BR : HSBC raises target price to EUR 38 from EUR 36
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
     * Adidas AG  ADSGn.DE : Credit Suisse cuts target price to EUR 193 from EUR 205
     * Adidas AG  ADSGn.DE : RBC cuts target price to EUR 265 from EUR 300
     * Adidas AG  ADSGn.DE : Wedbush cuts target price to EUR 235 from EUR 282
     * Air France-KLM  AIRF.PA : HSBC raises target price to EUR 3 from EUR 2.8
     * Aperam SA  APAM.AS : JP Morgan cuts target price to EUR 55 from EUR 57
     * Beazley  BEZG.L : Berenberg raises target price to 630p from 610p
     * Cellnex Telecom SA  CLNX.MC : RBC cuts target price to EUR 63 from EUR 64
     * Delivery Hero SE  DHER.DE : Credit Suisse cuts target price to EUR 80 from EUR 90
     * Equinor ASA  EQNR.OL : RBC cuts to sector perform from outperform
     * Equinor ASA  EQNR.OL : RBC raises price target to NOK 330 from NOK 320
     * Euroapi SAS  EAPI.PA : JP Morgan initiates coverage with overweight rating; PT of EUR 17
     * Finnair  FIA1S.HE : HSBC cuts target price to EUR 0.32 from EUR 0.35
     * IAG  ICAG.L : HSBC cuts target price to 150p from 160p
     * Intesa Sanpaolo SpA  ISP.MI : Credit Suisse cuts target price to EUR 2 from EUR 2.30
     * Next Plc  NXT.L : RBC cuts target price to 7200p from 7500p
     * S4 Capital Plc  SFOR.L : Credit Suisse cuts target price to 625p from 685p
     * Telefonica  TEF.MC : Berenberg raises target price to EUR 4.60 from EUR 4.30
     * Umicore SA  UMI.BR : HSBC raises target price to EUR 38 from EUR 36
     * Unicredit  CRDI.MI : Berenberg raises target price to EUR 13.50 from EUR 12.50
     * Unicredit  CRDI.MI : Credit Suisse raises target price to EUR 14 from EUR 13.80
     * Virgin Money UK Plc  VMUK.L : Peel Hunt raises target price to 282p from 281p
   

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))