EUROPE RESEARCH ROUNDUP- Epic Suisse, Moncler, Remy Cointreau

Flutter Entertainment

05/07/2022 08:45

July 5 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Epic Suisse, Moncler and Remy Cointreau on Tuesday. 
    
    HIGHLIGHTS    
     * Epic Suisse AG  EPICN.S : Credit Suisse initiates coverage with outperform rating 
     * Moncler  MONC.MI : RBC raises to sector perform from underperform
     * Remy Cointreau  RCOP.PA : Jefferies raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.     
    
     * Alpha Financial Markets Consulting Plc  AFM.L : RBC cuts target price to 450p from 485p
     * Croda  CRDA.L : Jefferies cuts target price to 7000p from 7500p
     * Danske Bank  DANSKE.CO : Credit Suisse cuts target price to DKK 112 from DKK 119
     * Dechra Pharmaceuticals Plc  DPH.L : RBC cuts target price to 4,200p from 5,300p
     * Dechra Pharmaceuticals Plc  DPH.L : RBC raises to outperform from sector perform
     * Deutsche Bank AG  DBKGn.DE : JP Morgan cuts target price to EUR 13 from EUR 15
     * Dino Polska SA  DNP.WA : HSBC raises target price to PLN 380 from PLN 350
     * DNB Bank ASA  DNB.OL : Credit Suisse raises target price to NOK 190 from NOK 185
     * Drax Group Plc  DRX.L : JP Morgan raises target price to 975p from 950p
     * Dunelm Group Plc  DNLM.L : JP Morgan cuts target price to 1,160p from 1,400p
     * Electrolux  ELUXb.ST : JP Morgan cuts target price to SEK 185 from SEK 190
     * Epic Suisse AG  EPICN.S : Credit Suisse initiates coverage with outperform rating 
     * Epic Suisse AG  EPICN.S : Credit Suisse initiates coverage with CHF 76 target price
     * Eurocash  EUR.WA : HSBC raises target price to PLN 12 from PLN 11
     * Flutter Entertainment Plc  FLTRF.L : Jefferies cuts target price to 12900p from 15500p
     * Gjensidige Forsikring ASA  GJFG.OL : Credit Suisse cuts PT to NOK 239 from NOK 242
     * Handelsbanken  SHBa.ST : Credit Suisse cuts target price to SEK 89 from SEK 94
     * Intesa Sanpaolo SpA  ISP.MI : Jefferies cuts target price to EUR 2.20 from EUR 2.25
     * Jeronimo Martins SA  JMT.LS : Jefferies raises target price to EUR 21 from EUR 20
     * LSE  LSEG.L : Credit Suisse cuts target price to 8900p from 9000p
     * Moncler  MONC.MI : RBC raises to sector perform from underperform
     * Moncler  MONC.MI : RBC cuts target price to EUR 47 from EUR 60
     * Nordea Bank Abp  NDAFI.HE : Credit Suisse cuts target price to EUR 9.2 from EUR 9.6
     * Prudential  PRU.L : Jefferies cuts target price to 1600p from 1650p
     * Remy Cointreau  RCOP.PA : Jefferies raises to buy from hold
     * Remy Cointreau  RCOP.PA : Jefferies raises target price to EUR 200 from EUR 195
     * Rockwool  ROCKB.CO : HSBC cuts target price to DKK 2300 from DKK 3200
     * Saint Gobain  SGOB.PA : HSBC cuts target price to EUR 76 from EUR 100
     * Sap SE  SAPG.DE : Berenberg initiates coverage with buy rating; target price EUR 110
     * Sap SE  SAPG.DE : JP Morgan cuts target price to EUR 105 from EUR 115
     * SEB AB  SEBa.ST : Credit Suisse cuts target price to SEK 94 from SEK 99
     * Sika  SIKA.S : HSBC cuts target price to CHF 420 from CHF 600
     * Swedbank  SWEDa.ST : Credit Suisse cuts target price to SEK 149 from SEK 155
     * Tele2 AB  TEL2b.ST : JP Morgan raises target price to SEK 161 from SEK 160
     * Telecom Italia  TLIT.MI : JP Morgan resumes coverage with neutral rating; PT EUR 0.27
     * Travis Perkins  TPK.L : Jefferies cuts target price to 1040p from 1049p
     * Tryg  TRYG.CO : Credit Suisse cuts target price to DKK 157 from DKK 164
     * UBS Group AG  UBSG.S : JP Morgan cuts target price to CHF 20 from CHF 21
 

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