Europe Research Roundup: Hunting, Molten Ventures, Temenos AG

Fix Price

10/03/2022 07:10

March 10 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Hunting, Molten Ventures and Temenos AG on Thursday. 

    HIGHLIGHTS  
     * Hunting Plc  HTG.L : RBC raises to outperform from sector perform 
     * Magnit  MGNTq.L : JP Morgan cuts to neutral from overweight 
     * Molten Ventures Plc  GROW.L : Jefferies raises to buy from hold 
     * Restaurant Group Plc  RTN.L : Peel Hunt raises to buy from add 
     * Temenos AG  TEMN.S : Goldman Sachs raises to neutral 
 
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.   

     * Adidas AG  ADSGn.DE : Cowen and Company raises target price to EUR 258 from EUR 222 
     * Adidas AG  ADSGn.DE : JP Morgan cuts target price to EUR 290 from EUR 340 
     * Amundi SA  AMUN.PA : JP Morgan cuts target price to EUR 79 from EUR 88 
     * Andritz AG  ANDR.VI : HSBC cuts target price to EUR 52 from EUR 54 
     * Brenntag SE  BNRGn.DE : JP Morgan cuts target price to EUR 96 from EUR 105 
     * Colruyt NV  COLR.BR : HSBC cuts target price to EUR 37 from EUR 47 
     * Electrocomponents Plc  ECM.L : JP Morgan cuts target price to 1300p from 1419p 
     * Experian  EXPN.L : Liberum initiates coverage with buy rating; target price 3,700p 
     * Fix price Group Ltd  FIXPq.L : JP Morgan cuts target price to $2 from $7.4 
     * GN Store Nord  GN.CO : Credit Suisse reinstates at neutral and DKR 370 target price 
     * Hunting Plc  HTG.L : RBC raises target price to 455p from 265p 
     * Hunting Plc  HTG.L : RBC raises to outperform from sector perform 
     * Kion Group AG  KGX.DE : JP Morgan cuts target price to EUR 86 from EUR 99 
     * Kloeckner & Co SE  KCOGn.DE : Jefferies raises target price to EUR 15.60 from EUR 14.90 
     * M&G  MNG.L : Berenberg raises target price to 267p from 237p 
     * M&G  MNG.L : Berenberg raises to buy from hold 
     * Magnit  MGNTq.L : JP Morgan cuts to neutral from overweight 
     * Magnit  MGNTq.L : JP Morgan cuts target price to $5 from $20 
     * Molten Ventures Plc  GROW.L : Jefferies raises to buy from hold 
     * NN Group NV  NN.AS : Berenberg raises to buy from hold 
     * Petra Diamonds  PDL.L : Peel Hunt cuts target price to 175p from 190p 
     * Restaurant Group Plc  RTN.L : Peel Hunt cuts target price to 90p from 110p 
     * Restaurant Group Plc  RTN.L : Peel Hunt raises to buy from add 
     * Spectris Plc  SXS.L : JP Morgan reinstates rating at neutral with 4000p price target 
     * Spire Healthcare Group Plc  SPI.L : JP Morgan raises target price to 347p from 296p 
     * Telefonica  TEF.MC : HSBC raises target price to EUR 4.2 from EUR 4 
     * Temenos AG  TEMN.S : Goldman Sachs raises to neutral 
     * Thales  TCFP.PA : Jefferies raises target price to EUR 133 from EUR 121 
     * Tritax Big Box  BBOXT.L : Berenberg raises target price to 275p from 250p 
     * Tullow Oil Plc  TLW.L : JP Morgan cuts target price to 74p from 77p 
     * Vivendi  VIV.PA : JP Morgan cuts target price to EUR 13.3 from EUR 14.1 
     * X5 Retail Group NV  PJPq.L : JP Morgan cuts target price to $8 from $32 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))