Europe Research Roundup: Natwest Group Plc, Robert Walters Plc, Straumann
02/10/2023 14:37
Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Natwest Group Plc, Robert Walters Plc and Straumann, on Monday.
HIGHLIGHTS
* Compagnie Financiere Richemont SA CFR.S : RBC cuts to sector perform from outperform
* EssilorLuxottica SA ESLX.PA : RBC raises to sector perform from underperform
* Natwest Group Plc NWG.L : Morgan Stanley cuts to equal-weight from overweight
* Robert Walters Plc RWA.L : HSBC cuts to hold from buy
* Straumann STMN.S : HSBC raises to hold from reduce
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* 888 Holdings Plc 888.L : JP Morgan cuts target price to 150p from 180p
* Adecco Group AG ADEN.S : Jefferies raises target price to CHF 33 from CHF 30
* Adidas AG ADSGn.DE : RBC cuts target price to EUR 160 from EUR 185
* Adyen NV ADYEN.AS : Jefferies cuts target price to EUR 758 from EUR 850
* Adyen NV ADYEN.AS : Monness Crespi Hardt initiates coverage with neutral rating
* Ageas AGES.BR : UBS cuts target price to EUR 35.5 from EUR 37
* Ageas AGES.BR : UBS cuts to sell from neutral
* Airbus SE AIR.PA : Berenberg raises target price to EUR 101 from EUR 100
* Akzo Nobel NV AKZO.AS : Citigroup cuts price target to EUR 84 from EUR 87
* Alfa Laval ALFA.ST : JP Morgan cuts target price to SEK 325 from SEK 335
* Allianz SE ALVG.DE : Citigroup raises price target to EUR 238.6 from EUR 233.8
* Ams Osram AG AMS.S : Jefferies cuts target price to CHF 4.6 from CHF 8
* Antofagasta ANTO.L : Citigroup raises price target to 1700p from 1500p
* Antofagasta ANTO.L : Citigroup raises to buy from neutral
* ASR Nederland NV ASRNL.AS : Berenberg cuts target price to EUR 49.40 from EUR 52.20
* BAE Systems BAES.L : Berenberg raises target price to 1170p from 1050p
* BAE Systems BAES.L : Berenberg raises to buy from hold
* Beeks Financial Cloud Group Plc BKSB.L : Canaccord Genuity cuts target to 200p from 220p
* BT BT.L : Berenberg cuts target price to GBP 1.35 from GBP 1.50
* Burberry BRBY.L : RBC cuts target price to 1,900p from 2,200p
* Carlsberg CARLb.CO : JP Morgan cuts target price to DKK 850 from DKK 925
* Carlsberg As-B CARLb.CO : Barclays cuts target price to DKK 1143 from DKK 1295
* Cellnex Telecom S.A. CLNX.MC : HSBC raises target price to EUR 46 from EUR 45
* Cellnex Telecom SA CLNX.MC : HSBC raises target price to EUR 46 from EUR 45
* Close Brothers Group Plc CBRO.L : Peel Hunt cuts target price to 854p from 961p
* CMC Markets Plc CMCX.L : Canaccord Genuity cuts target price to 64p from 224p
* Commerzbank AG CBKG.DE : RBC raises target price to EUR 14.5 from EUR 13
* Compagnie Financiere Richemont SA CFR.S : RBC cuts target price to CHF 130 from CHF 170
* Compagnie Financiere Richemont SA CFR.S : RBC cuts to sector perform from outperform
* Danske Bank DANSKE.CO : UBS raises target price to DKK 218 from DKK 216
* Dassault Aviation SA AM.PA : Berenberg raises target price to EUR 195 from EUR 185
* Deutsche Boerse AG DB1Gn.DE : JP Morgan cuts target price to EUR 183 from EUR 203
* Dsm-Firmenich DSFIR.AS : UBS cuts target price to EUR 101 from EUR 108
* EasyJet EZJ.L : JP Morgan cuts target price to 540p from 570p
* Embracer Group EMBRACb.ST : Barclays cuts target price to SEK 26.75 from SEK 27
* Engie SA ENGIE.PA : Morgan Stanley names stock a top pick
* Entain Plc ENT.L : UBS cuts target price to 1620p from 1720p
* EssilorLuxottica SA ESLX.PA : RBC raises target price to EUR 165 from EUR 160
* EssilorLuxottica SA ESLX.PA : RBC raises to sector perform from underperform
* Firstgroup Plc FGP.L : RBC raises target price to 180p from 170p
* Floridienne FLOB.BR : KBC Securities cuts target to EUR 870 from EUR 900; rating accumulate
* Forterra Plc FORT.L : Peel Hunt cuts target price to 160p from 170p
* Future Plc FUTR.L : Barclays cuts target price to 1080p from 1350p
* Hays HAYS.L : HSBC cuts target price to 115p from 121p
* Heineken NV HEIN.AS : Evercore ISI cuts target price to EUR 90 from EUR 100
* Hilton Food Group Plc HFG.L : HSBC raises target price to 1100p from 1050p
* Horizonte Minerals Plc HZM.L : BMO cuts target price to 125p from 190p
* Horizonte Minerals Plc HZM.L : BMO cuts to market perform from outperform
* Ibstock IBST.L : Peel Hunt cuts target price to 180p from 185p
* IG Group IGG.L : Canaccord Genuity raises to buy from sell; raises PT to 801p from 667p
* Informa Plc INF.L : Barclays raises target price to 890p from 885p
* JTC Plc JTC.L : Stifel initiates with buy rating and 870p price target
* Kering PRTP.PA : RBC cuts target price to EUR 560 from EUR 665
* Kerry Group KYGa.I : UBS cuts target price to EUR 107 from EUR 113
* Kone Oyj KNEBV.HE : JP Morgan cuts target price to EUR 55 from EUR 58
* Kone Oyj KNEBV.HE : Morgan Stanley cuts target price to EUR 49 from EUR 50
* Kone Oyj KNEBV.HE : Morgan Stanley raises to overweight from equal weight
* Lanxess AG LXSG.DE : Deustche Bank cuts target price to EUR 28 from EUR 39
* Loomis AB LOOMIS.ST : Goldman Sachs raises target price to SEK 435 from SEK 415
* Loomis AB LOOMIS.ST : Goldman Sachs raises to buy from neutral
* LVMH LVMH.PA : RBC cuts target price to EUR 810 from EUR 890
* M&G Plc MNG.L : Deutsche Bank raises target price to 230p from 220p
* Microlise Group Plc SAAS.L : Berenberg cuts target price to 170p from 255p
* Moncler MONC.MI : RBC cuts target price to EUR 58 from EUR 62
* MTU Aero Engines AG MTXGn.DE : Berenberg cuts target price to EUR 250 from EUR 280
* Natwest Group Plc NWG.L : Morgan Stanley cuts target price to 310p from 320p
* Natwest Group Plc NWG.L : Morgan Stanley cuts to equal-weight from overweight
* NN Group NV NN.AS : Berenberg cuts target price to EUR 51.70 from EUR 55.80
* Nordea Bank Abp NDAFI.HE : Berenberg raises target price to EUR 160 from EUR 132
* Pagegroup PAGE.L : HSBC cuts target price to 495p from 520p
* Pagegroup PAGE.L : Jefferies raises target price to 420p from 375p
* Pagegroup PAGE.L : Jefferies raises to hold from underperform
* Pandora PNDORA.CO : RBC raises target price to DKK 610 from DKK 600
* Pearson Plc PSON.L : Barclays raises target price to 930p from 900p
* Pepco Group NV PCOP.WA : UBS cuts target price to PLN 30 from PLN 46
* Prosiebensat. 1 Media SE PSMGn.DE : Barclays cuts target price to EUR 8 from EUR 9
* Publicis Groupe SA PUBP.PA : Barclays raises target price to EUR 95 from EUR 87
* Puma SE PUMG.DE : RBC cuts target price to EUR 70 from EUR 75
* PZ Cussons PZC.L : Deutsche Bank cuts target price to 220p from 227p
* Relx Plc REL.L : Barclays raises target price to 2860p from 2770p
* Rheinmetall AG RHMG.DE : Berenberg raises target price to EUR 315 from EUR 300
* Robert Walters Plc RWA.L : HSBC cuts target price to 405p from 768p
* Robert Walters Plc RWA.L : HSBC cuts to hold from buy
* RTL Group SA RRTL.DE : Barclays cuts target price to EUR 40 from EUR 42
* Sampo Oyj SAMPO.HE : Inderes cuts target price to EUR 39.0 from EUR 44.0; rating accumulate
* Sandvik AB SAND.ST : JP Morgan cuts target price to SEK 225 from SEK 235
* Schindler Holding AG SCHP.S : JP Morgan cuts target price to CHF 220 from CHF 230
* Schindler Holding AG SCHP.S : Morgan Stanley raises target price to CHF 197 from CHF 194
* Schindler Holding AG SCHP.S : Morgan Stanley raises to equal weight from underweight
* Siemens Energy AG ENR1n.DE : JP Morgan cuts target price to EUR 16.7 from EUR 18
* SKF SKFb.ST : JP Morgan cuts target price to SEK 185 from SEK 195
* Solaria SLRS.MC : Citigroup raises price target to EUR 17 from EUR 16.3
* SThree Plc STEMS.L : HSBC cuts target price to 540p from 645p
* Stillfront Group SFRG.ST : Barclays cuts target price to SEK 25.3 from SEK 26
* Straumann STMN.S : HSBC raises to hold from reduce
* Strix Group Plc KETL.L : Peel Hunt cuts target price to 83p from 102p
* Strix Group Plc KETL.L : Peel Hunt raises to buy from hold
* Ströer SE & Co. KGaA SAXG.DE : Barclays raises target price to EUR 55 from EUR 52
* Ströer SE & Co. KGaA SAXG.DE : Barclays raises to overweight from equal-weight
* Swatch Group AG UHR.S : RBC cuts target price to CHF 260 from CHF 350
* Symrise SY1G.DE : UBS cuts target price to EUR 114 from EUR 120
* Teleperformance TEPRF.PA : Deutsche Bank cuts target price to EUR 130 from EUR 290
* Teleperformance TEPRF.PA : Deutsche Bank cuts to hold from buy
* Television Francaise 1 SA TFFP.PA : Barclays raises target price to EUR 7.85 from EUR 7.75
* Tesco TSCO.L : HSBC raises target price to 340p from 330p
* Thales TCFP.PA : Berenberg raises target price to EUR 165 from EUR 160
* Tryg TRYG.CO : Berenberg cuts target price to DKK 170 from DKK 175
* Ubisoft Entertainment SA UBIP.PA : Barclays raises target price to EUR 29 from EUR 25.7
* UBS Group AG UBSG.S : JP Morgan raises target price to CHF 31 from CHF 27
* Vestas VWS.CO : Citigroup cuts price target to DKK 300 from DKK 315
* Vivendi SA VIV.PA : Barclays raises target price to EUR 11.6 from EUR 11.5
* Vivendi SA VIV.PA : Barclays raises to overweight from equal-weight
* Vonovia SE VNAn.DE : Goldman Sachs raises target price by 5% to EUR 38
* Wacker Chemie WCHG.DE : UBS cuts target price to EUR 155 from EUR 160
* Watches of Switzerland WOSG.L : RBC cuts target price to 800p from 900p
* Wolters Kluwer NV WLSNc.AS : Barclays raises target price to EUR 135 from EUR 128
* Worldline SA WLN.PA : Jefferies cuts target price to EUR 30.2 from EUR 35.9
* Zalando SE ZALG.F : JP Morgan cuts target price to EUR 31 from EUR 32
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))