Europe Research Roundup: Alstom, Daimler, Novo Nordisk

Flow Traders

20/01/2021 07:11

Jan 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Alstom, Daimler and Novo Nordisk, on Wednesday. 
    
    HIGHLIGHTS  
     * Alstom  ALSO.PA : Jefferies raises to buy from hold
     * Daimler AG  DAIGn.DE : HSBC raises to buy from hold
     * Elementis Plc  ELM.L : HSBC cuts to reduce from hold
     * Novo Nordisk  NOVOb.CO : Credit Suisse cuts to neutral from outperform
     * Unicredit  CRDI.MI : SocGen raises to hold from sell
      
Following is a summary of research actions on European companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.
     * Almirall SA  ALM.MC : Credit Suisse raises target price to EUR 12 from EUR 10
     * Alstom  ALSO.PA : Jefferies raises target price to EUR 55 from EUR 45
     * Alstom  ALSO.PA : Jefferies raises to buy from hold
     * AstraZeneca  AZN.L : Credit Suisse cuts target price to 9000p from 9500p
     * BASF SE  BASFn.DE : HSBC raises target price to EUR 62 from EUR 56
     * Bat  BATS.L : Jefferies cuts target price to 2,792p from 2,909p
     * Bayer AG  BAYGn.DE : Credit Suisse raises target price to EUR 55 from EUR 47
     * BBVA  BBVA.MC : HSBC raises target price to EUR 4.6 from EUR 3.9
     * BMW  BMWG.DE : HSBC raises target price to EUR 85 from EUR 70
     * Commerzbank AG  CBKG.DE : RBC raises target price to EUR 6.5 from EUR 5.5
     * Covestro AG  1COV.DE : HSBC raises target price to EUR 56 from EUR 47
     * Daimler AG  DAIGn.DE : HSBC raises target price to EUR 66 from EUR 42.5
     * Daimler AG  DAIGn.DE : HSBC raises to buy from hold
     * DSM  DSMN.AS : Credit Suisse raises to outperform from neutral
     * DSM  DSMN.AS : Credit Suisse raises target price to EUR 154 from EUR 141
     * Dunelm Group Plc  DNLM.L : Citigroup cuts price target to 1075p from 1190p
     * DWF Group Plc  DWF.L : Peel Hunt initiates coverage with buy rating; target price 128p
     * DX (Group) Plc  DXDX.L : Liberum raises target price to 40p from 35p
     * EasyJet  EZJ.L : Citigroup cuts price target to 600p from 650p
     * EasyJet  EZJ.L : Credit Suisse raises target price to 934p from 840p
     * EasyJet  EZJ.L : JP Morgan cuts target price to 825p from 875p
     * Elementis Plc  ELM.L : HSBC cuts target price to 88p from 92p
     * Elementis Plc  ELM.L : HSBC cuts to reduce from hold
     * Elisa Oyj  ELISA.HE : Barclays raises target price to EUR 50 from EUR 43
     * Elisa Oyj  ELISA.HE : Barclays raises to equal weight from underweight
     * Evonik Industries AG  EVKn.DE : HSBC cuts target price to EUR 22 from EUR 25
     * Evonik Industries AG  EVKn.DE : HSBC cuts to reduce from hold
     * Finecobank  FBK.MI : HSBC raises target price to EUR 14 from EUR 13.3
     * Flow Traders NV  FLOW.AS : Exane BNP Paribas raises to outperform from neutral
     * Frontier Developments Plc  FDEV.L : Peel Hunt cuts to hold from buy
     * Frontier Developments Plc  FDEV.L : Peel Hunt raises target price to 3,418p from 2,466p
     * Grifols  GRLS.MC : Credit Suisse cuts target price to EUR 26 from EUR 27
     * GSK  GSK.L : Credit Suisse cuts target price to 1400p from 1580p
     * GSK  GSK.L : Credit Suisse cuts to underperform from neutral
     * Hollywood Bowl Group Plc  BOWL.L : Peel Hunt raises to add from hold
     * Imperial Brands  IMB.L : Jefferies raises target price to 2,041p from 1,957p
     * Ipsen SA  IPN.PA : Credit Suisse cuts target price to EUR 75 from EUR 86
     * Johnson Matthey  JMAT.L : HSBC raises target price to 2850p from 2350p
     * Kemira Oyj  KEMIRA.HE : HSBC cuts to reduce from hold
     * Koninklijke Ahold Delhaize NV  AD.AS : Credit Suisse cuts target to EUR 24 from EUR 25
     * Krones AG  KRNG.DE : HSBC raises target price to EUR 74 from EUR 67
     * Lanxess AG  LXSG.DE : HSBC cuts target price to EUR 75 from EUR 78
     * Lonza Group AG  LONN.S : Credit Suisse raises target price to CHF 670 from CHF 600
     * Lundbeck  LUN.CO : Credit Suisse raises target price to DKK 200 from DKK 170
     * Merck KGaA  MRCG.DE : Credit Suisse raises target price to EUR 165 from EUR 145
     * Novartis AG  NOVN.S : Credit Suisse cuts target price to CHF 90 from CHF 96
     * Novo Nordisk  NOVOb.CO : Credit Suisse cuts to neutral from outperform
     * Orion Oyj  ORNBV.HE : Credit Suisse raises target price to EUR 35 from EUR 30
     * Recordati  RECI.MI : Credit Suisse raises target price to EUR 43 from EUR 40
     * Rio Tinto  RIO.L : RBC cuts target price to 6000p from 6100p
     * Royal Mail Plc  RMG.L : Deutsche Bank raises to buy from hold
     * Royal Mail Plc  RMG.L : Deutsche Bank raises target price to 550p from 320p
     * Ryanair  RYA.I : JP Morgan cuts to neutral from overweight
     * Ryanair  RYA.I : JP Morgan cuts target price to EUR 17.5 from EUR 18.5
     * Sanofi  SASY.PA : Credit Suisse cuts target price to EUR 96 from EUR 105
     * Santander  SAN.MC : HSBC raises target price to EUR 3.4 from EUR 1.95
     * Santander  SAN.MC : HSBC raises to buy from hold
     * Shell  RDSb.L : Citigroup raises price target to 1200p from 980p
     * Stellantis NV  STLA.MI : JP Morgan initiates with overweight rating and PT of EUR 18
     * Synthomer  SYNTS.L : Credit Suisse raises target price to 515p from 490p
     * Synthomer  SYNTS.L : HSBC raises target price to 550p from 450p
     * Synthomer  SYNTS.L : Jefferies raises target price to 545p from 440p
     * UCB SA  UCB.BR : Credit Suisse raises target price to EUR 90 from EUR 83
     * Umicore SA  UMI.BR : HSBC raises target price to EUR 39 from EUR 37
     * Unicredit  CRDI.MI : SocGen raises to hold from sell
     * Unicredit  CRDI.MI : SocGen raises target price to EUR 8.1 from EUR 7.2
     * Victrex Plc  VCTX.L : HSBC raises target price to 1900p from 1700p
     * Wizz Air  WIZZ.L : JP Morgan cuts target price to 5,725p from 5,850p
     * Wood Plc  WG.L : Jefferies cuts to underperform from hold
     * Wood Plc  WG.L : Jefferies raises target price to 260p from 240p
   

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))