Europe Research Roundup: Entain, Legrand, Sainsbury's

Evolution AB (publ)

06/02/2024 07:11

Feb 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Entain, Legrand and Sainsbury's, on Tuesday. 
    
    HIGHLIGHTS  
                 * Ahold Delhaize  AD.AS : HSBC cuts to reduce from hold
 
                 * Entain  ENT.L : Barclays cuts to equal weight from overweight
 
                 * Legrand  LEGD.PA : Jefferies raises to hold from underperform
 
                 * Sainsbury's  SBRY.L : HSBC raises to buy from hold
 
                 * SThree Plc  STEMS.L : Berenberg initiates coverage with buy rating; price
 target 550p
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
                 * Ahold Delhaize  AD.AS : HSBC cuts target price to EUR 23 from EUR 31
 
                 * Ahold Delhaize  AD.AS : HSBC cuts to reduce from hold
 
                 * Airtel Africa  AAF.L : Barclays cuts target price to 150p from 170p
 
                 * Ams Osram AG  AMS.S : JP Morgan cuts target price to CHF 2.75 from CHF 10.50
 
                 * Beiersdorf  BEIG.DE : HSBC raises target price to EUR 154 from EUR 146
 
                 * Continental AG  CONG.DE : Berenberg raises target price to EUR 86 from EUR 83
 
                 * Energean Plc  ENOG.L : Panmure Gordon raises target price to 1453p from 1408p
 
                 * Entain  ENT.L : Barclays cuts to equal weight from overweight
 
                 * Entain  ENT.L : Barclays cuts target price to 1070p from 1120p
 
                 * Evolution AB (Publ)  EVOG.ST : Jefferies raises target price to SEK 1,760 from SEK 1,700
 
                 * Future Plc  FUTR.L : Jefferies cuts target price to 635p from 730p
 
                 * Georg Fischer AG  GF.S : Berenberg initiates coverage with buy rating; PT CHF 72
 
                 * Kambi Group Plc  KAMBI.ST : Jefferies cuts target price to SEK 200 from SEK 220
 
                 * Legrand  LEGD.PA : Jefferies raises target price to EUR 85 from EUR 78
 
                 * Legrand  LEGD.PA : Jefferies raises to hold from underperform
 
                 * Merck KGaA  MRCG.DE : Citigroup cuts target price to EUR 196 from EUR 203
 
                 * Metro AG  B4B.DE : HSBC cuts to reduce from hold; cuts PT to EUR 5.5 from EUR 7
 
                 * Nordea Bank Abp  NDAFI.HE : Barclays cuts target price to EUR 12.7 from EUR 13
 
                 * Pearson  PSON.L : Barclays cuts target price to 965p from 975p
 
                 * Pluxee NV  PLX.PA : Citigroup initiates coverage with buy rating; price target EUR 38
 
                 * Prudential  PRU.L : Barclays raises target price to 1640p from 1610p
 
                 * RHI Magnesita  RHIM.L : Barclays reinstates coverage with overweight rating; PT 3800p
 
                 * Rockwool A/S  ROCKb.CO : JP Morgan raises to neutral from underweight
 
                 * Rockwool A/S  ROCKb.CO : JP Morgan raises target price to DKK 1900 from DKK 1720
 
                 * Sainsbury'S  SBRY.L : HSBC raises target price to 310p from 300p
 
                 * Sainsbury'S  SBRY.L : HSBC raises to buy from hold
 
                 * SThree Plc  STEMS.L : Berenberg initiates coverage with buy rating; price target 550p
 
                 * Swiss Re AG  SRENH.S : Citigroup raises target price to CHF 118.3 from CHF 112.3
 
                 * Tesco  TSCO.L : HSBC raises target price to 355p from 340p
 
                 * Unicredit  CRDI.MI : JP Morgan raises target price to EUR 35 from EUR 32
 
                 * Volvo Car AB  VOLCARb.ST : JP Morgan cuts target price to SEK 43 from SEK 50
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))