Europe Research Roundup: Admiral, Maersk, Raspberry PI

Fuchs Se

25/06/2024 08:22

June 25 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Admiral, Maersk and Raspberry, on Tuesday. 
    
    HIGHLIGHTS
                 * Admiral  ADML.L : Berenberg raises to buy from hold; raises PT to 3,127p from 2,973p
 
                 * Direct Line Insurance  DLGD.L : Berenberg cuts to hold from buy
 
                 * IMI Plc  IMI.L : JP Morgan raises target price to 2,200p from 1,850p
 
                 * Maersk  MAERSKb.CO : Morgan Stanley raises target price to DKK 13800 from DKK 13300
 
                 * Raspberry PI  RPI.L : HSBC initiates coverage with buy rating and target price 440p
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
  
                 * AAK  AAK.ST : Barclays raises target price to SEK 255 from SEK 230
 
                 * Admiral  ADML.L : Berenberg raises to buy from hold; raises PT to 3,127p from 2,973p
 
                 * Airbus  AIR.PA : Barclays cuts target price to EUR 176 from EUR 191
 
                 * Airbus SE  AIR.PA : JP Morgan cuts target price to EUR 172 from EUR 195
 
                 * Airbus SE  AIR.PA : RBC cuts target price to EUR 180 from EUR 190
 
                 * Argenx  ARGX.BR : Barclays raises target price to EUR 390 from EUR 375
 
                 * BASF SE  BASFn.DE : Baader Helvea cuts target price to EUR 50 from EUR 53
 
                 * Beazley  BEZG.L : Peel Hunt raises target price to 790p from 700p
 
                 * Cint Group AB (Publ)  CINT.ST : Jefferies cuts target price to SEK 10.3 from SEK 11.5
 
                 * Covestro AG  1COV.DE : HSBC raises target price to EUR 59 from EUR 48
 
                 * Deutsche Lufthansa AG  LHAG.DE : Barclays cuts target price to EUR 8 from EUR 9
 
                 * Direct Line Insurance  DLGD.L : Berenberg cuts to hold from buy
 
                 * DSV  DSV.CO : Morgan Stanley cuts target price to DKK 1469 from DKK 1487
 
                 * Essity  ESSITYb.ST : Barclays raises target price to SEK 251 from SEK 243
 
                 * Fuchs SE  FPEn.DE : Baader Helvea raises target price to EUR 48 from EUR 42
 
                 * Givaudan SA  GIVN.S : Baader Helvea raises target price to CHF 4,050 from CHF 3,950
 
                 * IMI Plc  IMI.L : JP Morgan raises target price to 2,200p from 1,850p
 
                 * Kering  PRTP.PA : JP Morgan cuts target price to EUR 325 from EUR 350
 
                 * Kuehne Und Nagel International AG  KNIN.S : Morgan Stanley cuts PT to CHF 269 from CHF 272
 
                 * Maersk  MAERSKb.CO : Morgan Stanley raises target price to DKK 13800 from DKK 13300
 
                 * ME Group International Plc  MEGPM.L : Peel Hunt initiates coverage with buy rating; PT 350p
 
                 * Merck KGaA  MRCG.DE : Barclays cuts target price to EUR 195 from EUR 205
 
                 * Metso Oyj  METSO.HE : JP Morgan raises target price to EUR 10.5 from EUR 9.5
 
                 * Nexans  NEXS.PA : Jefferies raises target price to EUR 132 from EUR 125
 
                 * Ocado Group Plc  OCDO.L : Morgan Stanley cuts target price to 215p from 345p
 
                 * Prosus  PRX.AS : HSBC cuts target price to EUR 45 from EUR 46
 
                 * Raspberry PI  RPI.L : HSBC initiates coverage with buy rating and target price 440p
 
                 * Saipem  SPMI.MI : HSBC raises target price to EUR 3.08 from EUR 2.01
 
                 * SNP Schneider Neureither & Partner SE  SHFG.DE : Stifel raises PT to EUR 48 from EUR 30
 
                 * Telia  TELIA.ST : JP Morgan raises target price to SEK 29 from SEK 27
 
                 * Tritax Eurobox Plc  EBOX.L : Peel Hunt raises target price to 65p from 60p
 
                 * Wacker Chemie AG  WCHG.DE : Baader Helvea raises to buy from reduce
 
                 * Wacker Chemie AG  WCHG.DE : Baader Helvea raises target price to EUR 122 from EUR 109
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))