Europe Research Roundup: Iberdrola, Sodexo, Ubisoft

Exclusive Networks SAS

02/11/2021 07:04

Nov 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Iberdrola, Sodexo and Ubisoft on Tuesday. 
    
    HIGHLIGHTS
     * Big Yellow Group Plc  BYG.L : Goldman Sachs cuts to neutral from buy
     * Elior Group SA  ELIOR.PA : Goldman Sachs cuts to neutral from buy 
     * Iberdrola  IBE.MC : CFRA raises to buy from hold 
     * Sodexo  EXHO.PA : Goldman Sachs raises to buy from sell
     * Ubisoft  UBIP.PA : CFRA cuts to hold from buy 
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.

     * Aker BP ASA  AKRBP.OL : JP Morgan raises target price to NOK 319 from NOK 245 
     * Anglo American  AAL.L : Credit Suisse cuts target price to 3250p from 3450p 
     * Bank of Ireland Group Plc  BIRG.I : HSBC raises target price to EUR 6.1 from EUR 5.9 
     * BBVA  BBVA.MC : CFRA raises target price to EUR 6.5 from EUR 6 
     * BBVA  BBVA.MC : HSBC raises target price to EUR 6.3 from EUR 5.7 
     * BHP  BHPB.L : Credit Suisse raises target price to 2200p from 2100p 
     * Big Yellow Group Plc  BYG.L : Goldman Sachs cuts to neutral from buy
     * Big Yellow Group Plc  BYG.L : Goldman Sachs cuts target price to 1630p from 1640p 
     * Coloplast  COLOb.CO : JP Morgan cuts target price to DKK 1,038 from DKK 1,040 
     * Delivery Hero SE  DHER.DE : JP Morgan cuts target price to EUR 158 from EUR 196 
     * Elior Group SA  ELIOR.PA : Goldman Sachs cuts to neutral from buy 
     * Erytech pharma SA  ERYP.PA : Jefferies cuts to hold rating
     * Erytech pharma SA  ERYP.PA : Jefferies cuts price target to EUR 2.80 from EUR 19 
     * Exclusive Networks Sas  EXN.PA : JP Morgan initiates with neutral rating 
     * Exclusive Networks Sas  EXN.PA : JP Morgan initiates with EUR 22 target price 
     * Ferrexpo  FXPO.L : Credit Suisse cuts target price to 370p from 500p 
     * Ferrexpo  FXPO.L : Credit Suisse cuts to neutral from outperform 
     * Glencore  GLEN.L : CFRA raises target price to 390p from 330p 
     * Glencore  GLEN.L : Credit Suisse raises target price to 370p from 345p 
     * Homeserve  HSV.L : Credit Suisse cuts to neutral from outperform 
     * Homeserve  HSV.L : Credit Suisse cuts target price to 860p from 1100p 
     * Howden Joinery  HWDN.L : JP Morgan raises target price to 941p from 912p 
     * Iberdrola  IBE.MC : CFRA raises to buy from hold 
     * Iberdrola  IBE.MC : Credit Suisse cuts target price to EUR 11.4 from EUR 11.6 
     * Iberdrola  IBE.MC : Credit Suisse cuts target price to EUR 11.40 from EUR 11.60 
     * Inditex  ITX.MC : Jefferies raises target price to EUR 36 from EUR 35 
     * Lundin Energy AB  LUNE.ST : JP Morgan raises target price to SEK 388 from SEK 322 
     * Novatek  NVTKq.L : JP Morgan raises target price to $255 from $245 
     * Orange Belgium SA  OBEL.BR : Credit Suisse cuts target price to EUR 20 from EUR 22 
     * Proximus NV  PROX.BR : Credit Suisse cuts target price to EUR 16 from EUR 17 
     * Proximus NV  PROX.BR : Credit Suisse cuts target price to EUR 16 from EUR 17 
     * Redde Northgate Plc  REDD.L : Jefferies assumes coverage with buy rating
     * Redde Northgate Plc  REDD.L : Jefferies assumes coverage with target price of 510p 
     * Rio Tinto  RIO.L : Credit Suisse cuts target price to 5300p from 5600p 
     * Sabadell  SABE.MC : HSBC raises target price to EUR 0.7 from EUR 0.63 
     * Safran  SAF.PA : CFRA raises target price to EUR 123 from EUR 118 
     * Santander  SAN.MC : HSBC raises target price to EUR 4.2 from EUR 4 
     * Sodexo  EXHO.PA : Goldman Sachs raises to buy from sell
     * Sodexo  EXHO.PA : Goldman Sachs raises price target to EUR 105 from EUR 76 
     * Swiss Re AG  SRENH.S : CFRA raises target price to CHF 100 from CHF 97 
     * Telecom Italia  TLIT.MI : JP Morgan cuts target price to EUR 0.44 from EUR 0.47 
     * Telecom Italia  TLITn.MI : JP Morgan cuts target price to EUR 0.49 from EUR 0.52 
     * Ubisoft  UBIP.PA : CFRA cuts target price to EUR 50 from EUR 70 
     * Ubisoft  UBIP.PA : CFRA cuts to hold from buy 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))