Europe Research Roundup: Adecco Group, Energean, McBride

Fortum Oyj

10/09/2026 08:17

Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adecco Group, Energean and McBride, on Thursday. 

HIGHLIGHTS
    
    
* Adecco Group AG ADEN.S: Jefferies raises to hold from underperform 
* Energean Plc ENOG.L: Panmure Liberum cuts target price to 872p from 978p 
* Harworth Group Plc HWG.L: Jefferies raises target price to 180p from 170p 
* McBride Plc MCB.L: Berenberg initiates coverage with buy rating
* Societe Generale SA SOGN.PA: Jefferies raises target price to EUR 103 from EUR 96 

Following is a summary of research actions on European companies reported by Reuters on Thursday Stock entries are in alphabetical order.


* Abivax SA ABVX.PA: Goldman Sachs initiates coverage with buy rating 
* Adecco Group AG ADEN.S: Jefferies raises target price to CHF 20.5 from CHF 13.5 
* Adecco Group AG ADEN.S: Jefferies raises to hold from underperform 
* Adidas ADSGn.DE: Morgan Stanley cuts target price to EUR 190 from EUR 215 
* Ayvens AYV.PA: Deutsche Bank cuts target price to EUR 12.8 from EUR 13 
* BAE Systems BAES.L: Exane BNP Paribas initiates coverage with neutral rating
* BAE Systems BAES.L: Exane BNP Paribas initiates coverage with target price 2100p 
* Barratt Redrow BTRW.L: UBS cuts target price to 370p from 402p 
* Bellway BWY.L: UBS initiates coverage with sell rating and target price 1900p 
* Berkeley Group Holdings BKGH.L: UBS initiates coverage with neutral rating and target price 3740p 
* Bilfinger SE GBFG.DE: Berenberg initiates coverage with hold rating
* Bilfinger SE GBFG.DE: Berenberg initiates coverage with target price EUR 92.5 
* Bioversys AG BIOV.S: UBS cuts target price to CHF 47 from CHF 48 
* Boliden BOL.ST: Berenberg raises target price to SEK 560 from SEK 530 
* Bunzl BNZL.L: Jefferies raises target price to 2300p from 1900p 
* Burkhalter Holding AG BRKN.S: Berenberg cuts target price to CHF 135 from CHF 145 
* Cordiant Digital Infrastructure Ltd CORD.L: Panmure Liberum raises target price to 171p from 120p 
* Danske Bank DANSKE.CO: BofA Global Research raises price objective to DKK 435 from DKK 393 
* DCC DCC.L: Jefferies cuts to hold from buy
* DCC DCC.L: Jefferies raises target price to 6,525.00p from 6,100.00p 
* Diploma Plc DPLM.L: Jefferies raises target price to 7500p from 7000p 
* DNB DNB.OL: BofA Global Research cuts price objective to NOK 298 from NOK 324 
* DNB DNB.OL: BofA Global Research cuts to underperform from neutral
* Dr. Martens Plc DOCS.L: Barclays cuts target price to 75p from 85p 
* Dunelm DNLM.L: UBS cuts target price to 1130p from 1250p 
* Dunelm Group Plc DNLM.L: Canaccord Genuity cuts target price to 1,185p from 1,240p 
* Energean Plc ENOG.L: Panmure Liberum cuts target price to 872p from 978p 
* Ferrari NV RACE.MI: Morgan Stanley raises target price to EUR 395 from EUR 388 
* Fortum FORTUM.HE: Goldman Sachs raises target price to EUR 25.5 from EUR 16.5 
* Fortum FORTUM.HE: Goldman Sachs raises to neutral from sell
* Fortum FORTUM.HE: JP Morgan raises target price to EUR 24.3 from EUR 17.8 
* Fortum FORTUM.HE: JP Morgan raises to neutral from underperform
* Genfit SA GNFT.PA: Leerink Partners raises target price to EUR 15 from EUR 8 
* GYM Group Plc GYM.L: Deutsche Bank raises target price to 260p from 230p 
* Handelsbanken SHBa.ST: BofA Global Research raises price objective to SEK 140 from SEK 134 
* Harworth Group Plc HWG.L: Jefferies cuts to hold from buy
* Harworth Group Plc HWG.L: Jefferies raises target price to 180p from 170p 
* Hays HAYS.L: Jefferies raises target price to 45p from 28p 
* Hemnet HEM.ST: JP Morgan cuts target price to SEK 100 from SEK 112 
* Inditex ITX.MC: Deutsche Bank cuts target price to EUR 59 from EUR 60 
* IWG IWG.L: Jefferies cuts target price to 235p from 265p 
* Kongsberg Gruppen KOG.OL: Deutsche Bank initiates coverage with buy rating and target price NOK 360 
* McBride Plc MCB.L: Berenberg initiates coverage with buy rating
* McBride Plc MCB.L: Berenberg initiates coverage with target price 275p 
* Michael Page Plc PAGE.L: Jefferies raises target price to 205p from 125p 
* Mission Group Plc TMGT.L: Stifel initiates coverage with buy rating; price target 57p 
* Mitie Group Plc MTO.L: Jefferies raises target price to 221p from 170p 
* Nordea NDAFI.HE: BofA Global Research raises price objective to EUR 19.9 from EUR 16.7 
* Nordea NDAFI.HE: BofA Global Research raises to neutral from underperform
* NTG Nordic Transport Group NTGNT.CO: Morgan Stanley initiates coverage with overweight rating 
* NTG Nordic Transport Group NTGNT.CO: Morgan Stanley initiates coverage with PT  DKK 360 
* Pearson PSON.L: JP Morgan cuts target price to 1360p from 1420p 
* Pearson Plc PSON.L: Barclays cuts target price to 1250p from 1260p 
* Persimmon PSN.L: UBS initiates coverage with buy rating and target price 1325p 
* Relx REL.L: TD Cowen initiates coverage with buy rating; price target 3,500p 
* SEB AB SEBa.ST: BofA Global Research raises price objective to SEK 220 from SEK 183 
* Seche Environnement S.A CCHE.PA: Portzamparc raises target price to €86.7 from €81.1 
* Seche Environnement S.A CCHE.PA: Portzamparc raises to 'Accumulate' from 'hold
* Snam SRG.MI: UBS cuts target price to EUR 6.6 from EUR 6.7 
* Snam SRG.MI: UBS raises to buy from neutral 
* Societe Generale SA SOGN.PA: Jefferies raises target price to EUR 103 from EUR 96 
* Spie SA SPIE.PA: Jefferies raises target price to EUR 55 from EUR 50
* Spie SA SPIE.PA: Jefferies raises to buy from hold 
* Swedbank SWEDa.ST: BofA Global Research raises PT to SEK 376 from SEK 339 
* Taylor Wimpey TW.L: UBS initiates coverage with sell rating and target price 75p 
* Technip Energies N.V. TE.PA: RBC raises cuts target price to EUR 42 from EUR 45 
* Technip Energies N.V. TE.PA: RBC raises to outperform from sector perform
* Victrex Plc VCTX.L: Deutsche Bank raises target price to 830p from 600p 
* Vistry Group VTYV.L: UBS initiates coverage with neutral rating and target price 300p 
* Wienerberger AG WBSV.VI: Morgan Stanley cuts target price to EUR 18 from EUR 20 
* Wolters Kluwer N.V. WLSNc.AS: TD Cowen initiates coverage with buy rating
* Wolters Kluwer N.V. WLSNc.AS: TD Cowen initiates coverage with price target EUR 100 
* Zegona Communications ZEG.L: Exane BNP Paribas initiates coverage with outperform rating
* Zegona Communications ZEG.L: Exane BNP Paribas initiates coverage with target price 2000p 

 (Compiled by Bengaluru Newsroom)
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