Europe Research Roundup: Fevertree Drinks, GTT, Weir Group

Galenica AG

11/03/2022 07:07

March 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Fevertree Drinks, GTT and Weir Group on Friday. 

    HIGHLIGHTS  
     * Boskalis  BOSN.AS : HSBC cuts to hold from buy 
     * Fevertree Drinks Plc  FEVR.L : JP Morgan raises to neutral from underweight
     * GTT  GTT.PA : Exane BNP Paribas reinitiates coverage with neutral rating
     * Weir Group  WEIR.L : HSBC raises to buy from hold 
     * Wizz Air  WIZZ.L : HSBC raises to hold 
 
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.   

     * Bank of Ireland Group Plc  BIRG.I : HSBC raises target price to EUR 6.5 from EUR 6.1 
     * Boskalis  BOSN.AS : HSBC cuts target price to EUR 33.5 from EUR 33.7 
     * Boskalis  BOSN.AS : HSBC cuts to hold from buy 
     * Boskalis  BOSN.AS : HSBC cuts to hold, cuts target price to EUR 33.5 from EUR 33.7 
     * Bunzl  BNZL.L : RBC raises target price to 2800p from 2625p 
     * Carlsberg  CARLb.CO : Credit Suisse cuts target price to DKK 1100 from DKK 1330 
     * Carlsberg  CARLb.CO : JP Morgan cuts target price to DKK 925 from DKK 1050 
     * Coats Group  COA.L : Jefferies raises target price to 95p from 91p 
     * Continental AG  CONG.DE : JP Morgan cuts target price to EUR 103 from EUR 110 
     * Continental AG  CONG.DE : RBC cuts target price to EUR 94 from EUR 106 
     * Convatec Group Plc  CTEC.L : Credit Suisse cuts target price to 195p from 210p 
     * Deliveroo Plc  ROO.L : Barclays initiates at equal weight with target price 165p 
     * Deutsche Bank AG  DBKGn.DE : RBC raises target price to EUR 12 from EUR 11 
     * Deutsche Post AG  DPWGn.DE : JP Morgan cuts target price to EUR 62.4 from EUR 75.05 
     * Elementis Plc  ELM.L : HSBC cuts target price to 125p from 145p 
     * Fevertree Drinks Plc  FEVR.L : JP Morgan raises to neutral from underweight
     * Fevertree Drinks Plc  FEVR.L : JP Morgan cuts target price to 1650p from 2000p 
     * Galenica AG  GALE.S : Credit Suisse cuts target price to CHF 67 from CHF 69 
     * GEA Group AG  G1AG.DE : HSBC cuts target price to EUR 38 from EUR 42 
     * GTT  GTT.PA : Exane BNP Paribas reinitiates coverage with neutral rating
     * GTT  GTT.PA : Exane BNP Paribas reinitiates coverage with target price EUR 100 
     * Jeronimo Martins SA  JMT.LS : HSBC cuts target price to EUR 19 from EUR 19.5 
     * Just Group  JUSTJ.L : JP Morgan raises target price to 105p from 97p 
     * Korian  KORI.PA : Berenberg cuts target price to EUR 35 from EUR 39 
     * Lna Sante  LNA.PA : Berenberg cuts target price to EUR 38 from EUR 49 
     * Orpea SA  ORP.PA : Berenberg cuts target price to EUR 70 from EUR 110 
     * Roche Holding AG  ROG.S : JP Morgan cuts target price to CHF 370 from CHF 390 
     * Safran  SAF.PA : JP Morgan raises target price to EUR 140 from EUR 137 
     * Saga Plc  SAGA.L : Peel Hunt cuts target price to 280p from 400p 
     * TT Electronics Plc  TTG.L : HSBC cuts target price to 280p from 315p 
     * Tyman Plc  TYMN.L : Berenberg cuts target price to 420p from 500p 
     * Volution Group Plc  FAN.L : Peel Hunt cuts target price to 460p from 510p 
     * Vonovia SE  VNAn.DE : RBC raises to outperform from sector perform 
     * Weir Group  WEIR.L : HSBC cuts target price to 1980p from 2110p 
     * Weir Group  WEIR.L : HSBC raises to buy from hold 
     * Wizz Air  WIZZ.L : HSBC raises to hold 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))