Europe Research Roundup: ABN Amro Bank, Burberry, Lloyds

flatexDEGIRO SE

28/11/2023 07:15

Nov 28 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including ABN Amro Bank, Burberry and Lloyds, on Tuesday. 
    
        HIGHLIGHTS  
  
        
  
                 * ABN Amro Bank NV  ABNd.AS : Deutsche Bank cuts to hold from buy
 
                 * Burberry Group  BRBY.L : HSBC cuts target price to 1750p from 2200p
 
                 * Lloyds  LLOY.L : Morgan Stanley raises to overweight from equal-weight
 
                 * Rockwool  ROCKb.CO : Barclays raises target price to DKK 2400 from DKK 2300
 
                 * Smith & Nephew Plc  SN.L : Barclays raises to equal-weight from underweight
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
                 * ABN Amro Bank NV  ABNd.AS : Deutsche Bank cuts target price to EUR 15 from EUR 22
 
                 * ABN Amro Bank NV  ABNd.AS : Deutsche Bank cuts to hold from buy
 
                 * ABN Amro Bank NV  ABNd.AS : Morgan Stanley raises target price to EUR 17 from EUR 15
 
                 * Aib Group Plc  AIBG.I : Morgan Stanley raises target price to EUR 4.5 from EUR 4.25
 
                 * Aker Carbon Capture ASA  ACCA.OL : HSBC cuts target price to NOK 16 from NOK 20
 
                 * Amundi SA  AMUN.PA : Morgan Stanley raises target price to EUR 67.8 from EUR 65.8
 
                 * Ashmore  ASHM.L : Jefferies raises to buy from hold; raises PT to 220p from 200p
 
                 * ASR Nederland NV  ASRNL.AS : Morgan Stanley cuts PT to EUR 52.2 from EUR 55.7
 
                 * B&M  BMEB.L : Citigroup raises price target to 640p from 540p
 
                 * B&M  BMEB.L : Citigroup raises to buy from neutral
 
                 * Banco Bpm  BAMI.MI : Morgan Stanley raises target price to EUR 6.8 from EUR 6.7
 
                 * Banco Sabadell  SABE.MC : Morgan Stanley raises target price to EUR 1.5 from EUR 1.4
 
                 * Bankinter  BKT.MC : Morgan Stanley raises target price to EUR 8 from EUR 7.6
 
                 * Bankinter SA  BKT.MC : Morgan Stanley raises target price to EUR 8 from EUR 7.6
 
                 * Barclays  BARC.L : Morgan Stanley raises target price to 235p from 230p
 
                 * BBVA  BBVA.MC : JP Morgan raises target price to EUR 10.4 from EUR 9.3
 
                 * BBVA  BBVA.MC : JP Morgan raises to overweight from neutral
 
                 * BBVA  BBVA.MC : Morgan Stanley raises target price to EUR 10 from EUR 9.7
 
                 * British Land  BLND.L : Peel Hunt raises target price to 430p from 405p
 
                 * Burberry Group  BRBY.L : HSBC cuts target price to 1750p from 2200p
 
                 * Caixabank SA  CABK.MC : Morgan Stanley raises target price to EUR 5.5 from EUR 5.3
 
                 * Coats Group Plc  COA.L : HSBC cuts target price to 108p from 110p
 
                 * Commerzbank AG  CBKG.DE : Morgan Stanley raises target price to EUR 17 from EUR 16
 
                 * Compagnie Financiere Richemont SA  CFR.S : HSBC cuts PT to CHF 140 from CHF 155
 
                 * Continental AG  CONG.DE : Berenberg raises target price to EUR 83 from EUR 68
 
                 * Continental AG  CONG.DE : Berenberg raises to buy from hold
 
                 * Deliveroo Plc  ROO.L : Citigroup raises price target to 150p from 125p
 
                 * Deutsche Bank AG  DBKGn.DE : Morgan Stanley raises target price to EUR 15 from EUR 14
 
                 * Deutsche Boerse  4GLD.DE : Morgan Stanley raises target price to EUR 201 from EUR 185
 
                 * Deutsche Pfandbriefbank AG  PBBG.DE : Citigroup cuts PT to EUR 4.7 from EUR 5.1
 
                 * DWS Group Gmbh & Co KGaA  DWSG.DE : Morgan Stanley raises to overweight from equal weight
 
                 * Flatexdegiro AG  FTKn.DE : Morgan Stanley raises target price to EUR 9.7 from EUR 9
 
                 * Frasers Group  FRAS.L : Barclays initiates coverage with overweight rating and PT to 1060p
 
                 * Genmab A/S  GMAB.CO : Jefferies cuts target price to DKK 2400 from DKK 2900
 
                 * Hensoldt AG  HAGG.DE : Morgan Stanley cuts target price to EUR 24 from EUR 25
 
                 * Hermes  HRMS.PA : HSBC raises target price to EUR 1900 from EUR 1880
 
                 * Hochschild  HOCM.L : Peel Hunt raises target price to 160p from 100p
 
                 * Infineon Technologies AG  IFXGn.DE : Jefferies raises to buy from hold 
 
                 * Infineon Technologies AG  IFXGn.DE : Raises target price to EUR 46 from EUR 40
 
                 * Lloyds  LLOY.L : Morgan Stanley raises target price to 64p from 60p
 
                 * Lloyds  LLOY.L : Morgan Stanley raises to overweight from equal-weight
 
                 * L'Oréal  OREP.PA : HSBC raises target price to EUR 406 from EUR 390
 
                 * LVMH  LVMH.PA : Citigroup cuts price target to EUR 802 from EUR 825
 
                 * LVMH  LVMH.PA : HSBC cuts target price to EUR 880 from EUR 900
 
                 * M&G  MNG.L : Goldman Sachs initiates coverage with buy rating and 240p target price
 
                 * Melrose Industries  MRON.L : Citigroup raises price target to 620p from 570p
 
                 * Merlin Properties  MRL.MC : Goldman Sachs raises target price to EUR 10.2 from EUR 8.3
 
                 * Merlin Properties  MRL.MC : Goldman Sachs raises to buy from neutral
 
                 * Moncler  MONC.MI : HSBC cuts target price to EUR 70 from EUR 74
 
                 * Natwest Group Plc  NWG.L : Morgan Stanley raises target price to 260p from 250p
 
                 * OCI NV  OCI.AS : HSBC cuts target price to EUR 25 from EUR 36.6
 
                 * Oxford Nanopore Technologies Plc  ONT.L : Barclays cuts target price to 260p from 355p
 
                 * Partners Group Holding AG  PGHN.S : JP Morgan raises PT to CHF 1,055 from CHF 978
 
                 * Pernod-Ricard SA  PERP.PA : Barclays cuts target price to EUR 147 from EUR 167
 
                 * Prudential  PRU.L : Jefferies cuts target price to 1800p from 1950p
 
                 * PZU  PZU.WA : HSBC raises target price to PLN 53 from PLN 49.5
 
                 * Rightmove  RMV.L : Citigroup raises price target to 500p from 445p
 
                 * Rockwool  ROCKb.CO : Barclays raises target price to DKK 2400 from DKK 2300
 
                 * Sabadell  SABE.MC : Morgan Stanley raises target price to EUR 1.5 from EUR 1.4
 
                 * Sandoz Group AG  SDZ.S : Jefferies cuts target price to CHF 29.40 from CHF 30.80
 
                 * Santander  SAN.MC : Morgan Stanley raises target price to EUR 5 from EUR 4.7
 
                 * Sirius Real Estate Ltd  SRET.L : HSBC cuts target price to 110p from 117p
 
                 * Smith & Nephew Plc  SN.L : Barclays raises to equal-weight from underweight
 
                 * Societe Generale  SOGN.PA : Morgan Stanley cuts target price to EUR 30 from EUR 31
 
                 * Societe Generale SA  SOGN.PA : Morgan Stanley cuts target price to EUR 30 from EUR 31
 
                 * Subsea 7 SA  SUBC.OL : Berenberg raises target price to NOK 182 from NOK 158
 
                 * Swatch  UHR.S : HSBC cuts target price to CHF 260 from CHF 285
 
                 * Unicredit  CRDI.MI : Morgan Stanley raises target price to EUR 36 from EUR 34
 
                 * Unicredit S.P.A.  CRDI.MI : Morgan Stanley raises target price to EUR 36 from EUR 34
 
                 * Vallourec  VLLP.PA : Barclays raises target price to EUR 18 from EUR 17
 
                 * Vimian Group AB  VIMIAN.ST : Barclays cuts target price to SEK 29 from SEK 42
 
                 * Virgin Money UK Plc  VMUK.L : Berenberg cuts target price to 200p from 220p
 
                 * Virgin Money UK Plc  VMUK.L : Morgan Stanley cuts target price to 165p from 180p
 
                 * Volution Group Plc  FAN.L : Jefferies raises target price to 470p from 450p
 
                 * Watches of Switzerland  WOSG.L : HSBC raises target price to 759p from 630p
 
                 * Wienerberger AG  WBSV.VI : Citigroup raises price target to EUR 26.8 from EUR 25
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))