Europe Research Roundup: Adevinta ASA, Anglo American, BMW
29/11/2023 07:18
Nov 29 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Adevinta ASA, Anglo American and BMW, on Wednesday.
HIGHLIGHTS
* Adevinta ASA ADEA.OL : Jefferies cuts to hold from buy
* Anglo American AAL.L : Berenberg cuts target price to 2200p from 2500p
* BMW BMWG.DE : JP Morgan raises to overweight from neutral
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Adevinta ASA ADEA.OL : Jefferies cuts to hold from buy
* Adevinta ASA ADEA.OL : Jefferies raises PT to NOK 115 from NOK 111
* Anglo American AAL.L : Berenberg cuts target price to 2200p from 2500p
* Anheuser Busch Inbev SA ABI.BR : JP Morgan raises target price to EUR 72 from EUR 70
* Aston Martin AML.L : JP Morgan cuts target price to 323p from 379p
* Auto Trader AUTOA.L : Jefferies raises target price to 810p from 740p
* Bat BATS.L : JP Morgan raises target price to 2900p from 2800p
* Beiersdorf AG BEIG.DE : JP Morgan raises target price to EUR 145 from EUR 140
* BMW BMWG.DE : JP Morgan raises to overweight from neutral
* BMW BMWG.DE : JP Morgan raises target price to EUR 110 from EUR 105
* BP BP.L : Jefferies cuts target price to 520p from 530p
* Britvic Plc BVIC.L : JP Morgan raises target price to 1100p from 1050p
* Campari CPRI.MI : JP Morgan cuts to underweight from neutral
* Campari CPRI.MI : JP Morgan cuts PT to EUR 8.30 from EUR 11
* Carlsberg CARLb.CO : JP Morgan raises to neutral from underweight
* Carlsberg CARLb.CO : JP Morgan cuts target price to DKK 840 from DKK 850
* Chr. Hansen CHRH.CO : JP Morgan raises target price to DKK 515 from DKK 460
* Coca Cola HBC CCH.L : JP Morgan cuts target price to 2350p from 2400p
* Coca-Cola Europacific Partners Plc CCEP.MC : JP Morgan raises PT to EUR 70 from EUR 69
* DR ING HC F Porsche AG P911_p.DE : JP Morgan cuts target price to EUR 120 from EUR 140
* ElringKlinger AG ZILGn.DE : JP Morgan cuts target price to EUR 10.20 from EUR 12.50
* ENI ENI.MI : Jefferies cuts target price to EUR 18 from EUR 19
* Equinor ASA EQNR.OL : Jefferies cuts target price to NOK 270 from NOK 330
* Equinor ASA EQNR.OL : Jefferies cuts to underperform from hold
* Essity AB (Publ) ESSITYb.ST : JP Morgan raises target price to SEK 240 from SEK 235
* Fevertree Drinks Plc FEVR.L : JP Morgan cuts target price to 1150p from 1400
* Galp Energia SA GALP.LS : Jefferies cuts target price to EUR 16 from EUR 17
* Gestamp Automocion SA GEST.MC : JP Morgan raises to neutral from underweight
* Givaudan SA GIVN.S : JP Morgan raises target price to CHF 3150 from CHF 2950
* Haleon Plc HLN.L : JP Morgan raises target price to 295p from 280p
* Intesa Sanpaolo SpA ISP.MI : JP Morgan raises target price to EUR 3.90 from EUR 3.60
* Jde Peet'S JDEP.AS : JP Morgan cuts target price to EUR 24 from EUR 28
* L'Oreal OREP.PA : JP Morgan raises target price to EUR 420 from EUR 400
* Michelin MICP.PA : JP Morgan raises to neutral from underweight
* Michelin MICP.PA : JP Morgan raises target price to EUR 27 from EUR 24
* Millicom TIGOsdb.ST : JP Morgan raises target price to SEK 190 from SEK 180
* Nestle SA NESN.S : JP Morgan cuts target price to CHF 125 from CHF 130
* Nokian Tyres Plc TYRES.HE : JP Morgan cuts neutral from overweight
* Nokian Tyres Plc TYRES.HE : JP Morgan cuts target price to EUR 7.30 from EUR 11
* OMV AG OMVV.VI : Jefferies cuts target price to EUR 47 from EUR 50
* Pernod Ricard PERP.PA : JP Morgan cuts target price to EUR 170 from EUR 175
* Reckitt RKT.L : JP Morgan cuts target price to 7000p from 7500p
* Remy Cointreau RCOP.PA : JP Morgan cuts target price to EUR 500 from EUR 570
* Schibsted ASA SCHA.OL : Jefferies raises target price to NOK 315 from NOK 267
* SES SA SESFd.PA : Berenberg cuts target price to EUR 7.2 from EUR 9.3
* Shell Plc SHEL.L : Jefferies cuts target price to 3,000p from 3,100p
* Siltronic AG WAFGn.DE : Berenberg raises target price to EUR 107 from EUR 76
* Siltronic AG WAFGn.DE : Berenberg raises to buy from hold
* Stabilus SE STM1.DE : JP Morgan raises target price to EUR 77 from EUR 70
* Stellantis NV STLAM.MI : JP Morgan raises target price to EUR 23 from EUR 21
* Symrise AG SY1G.DE : JP Morgan raises target price to EUR 115 from EUR 107
* Ti Fluid Systems TIFS.L : JP Morgan cuts target price to 160p from 170p
* Totalenergies TTEF.PA : Jefferies cuts to hold from buy; cuts PT to EUR 65 from EUR 69
* TT Electronics Plc TTG.L : Peel Hunt cuts target price to 235p from 240p
* Unicredit CRDI.MI : JP Morgan raises target price to EUR 39 from EUR 34
* Unilever ULVR.AS : JP Morgan cuts target price to EUR 41 from EUR 45
* Unilever ULVR.L : JP Morgan cuts target price to 3600p from 3900p
* Vestas VWS.CO : Berenberg raises target price to DKK 205 from DKK 180
* Vestas VWS.CO : Berenberg raises to buy from hold
* Volkswagen AG VOWG_p.DE : JP Morgan cuts to neutral from overweight
* Volkswagen AG VOWG_p.DE : JP Morgan cuts target price to EUR 128 from EUR 160
* Volvo AB VOLVb.ST : JP Morgan raises target price to SEK 250 from SEK 230
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))