Europe Research Roundup: Bellway, Porsche, Watkin Jones
05/12/2022 06:57
Dec 5 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bellway, Porsche and Watkin Jones, on Monday.
HIGHLIGHTS
* Bellway Plc BWY.L : Jefferies raises to buy from hold
* Porsche SE PSHG_P.DE : HSBC raises to buy from hold
* Watkin Jones Plc WJG.L : Jefferies cuts to hold from buy
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* B&M BMEB.L : JP Morgan raises target price to 555p from 414p
* Barratt BDEV.L : Jefferies raises target price to 452p from 356p
* Bellway Plc BWY.L : Jefferies raises target price to 2,458p from 1,918p
* Bellway Plc BWY.L : Jefferies raises to buy from hold
* Berkeley Group BKGH.L : Jefferies raises target price to 4,554p from 4,330p
* Burberry Group BRBY.L : HSBC cuts to reduce from hold
* Colruyt NV COLR.BR : JP Morgan cuts target price to EUR 22.8 from EUR 23.3
* Compagnie Plastic Omnium SE PLOF.PA : JP Morgan cuts PT to EUR 14 from EUR 17
* Compass Group CPG.L : RBC raises target price to 1,625p from 1,575p
* Crest Nicholson Holdings Plc CRST.L : Jefferies raises target price to 278p from 229p
* Dr. Martens DOCS.L : HSBC cuts target price to 320p from 380p
* Faurecia EPED.PA : JP Morgan cuts target price to EUR 23 from EUR 34
* Galapagos NV GLPG.AS : JP Morgan cuts target price to EUR 50 from EUR 65
* Gestamp Automocion SA GEST.MC : JP Morgan cuts PT to EUR 3.2 from EUR 3.5
* Grifols GRLS.MC : JP Morgan cuts target price to EUR 12 from EUR 15
* Grifols GRLSbn.MC : JP Morgan cuts target price to EUR 9 from EUR 10.3
* Hermes HRMS.PA : HSBC raises target price to EUR 1,570 from EUR 1,500
* Jeronimo Martins SA JMT.LS : JP Morgan cuts to neutral from overweight
* Jeronimo Martins SA JMT.LS : JP Morgan raises target price to EUR 24.1 from EUR 21
* Kering PRTP.PA : HSBC cuts target price to EUR 660 from EUR 670
* Koninklijke Ahold Delhaize NV AD.AS : JP Morgan cuts PT to EUR 30 from EUR 31
* Leoni AG LEOGn.DE : JP Morgan cuts target price to EUR 8.1 from EUR 10
* Metro AG B4B.DE : JP Morgan raises target price to EUR 8.7 from EUR 8
* Michelin MICP.PA : JP Morgan raises target price to EUR 22 from EUR 20
* Mortgage Advice Bureau (Holdings) Plc MAB1.L : Peel Hunt cuts PT to 827p from 1,620p
* Persimmon PSN.L : Jefferies cuts to hold from buy
* Porsche SE PSHG_P.DE : HSBC raises to buy from hold
* Redde Northgate REDD.L : HSBC raises target price to 330p from 295p
* Redrow Plc RDW.L : Jefferies raises target price to 592p from 491p
* Sainsbury SBRY.L : JP Morgan raises target price to 206p from 161p
* Savills SVS.L : Peel Hunt cuts to add from buy; cuts target price to 1,000p from 1,275p
* Schaeffler AG SHA_p.DE : JP Morgan raises target price to EUR 7.5 from EUR 6.5
* Stabilus SE STM1.DE : JP Morgan raises target price to EUR 74 from EUR 66
* Taylor Wimpey TW.L : Jefferies raises target price to 124p from 105p
* Tesco TSCO.L : JP Morgan raises target price to 270p from 240p
* Vistry Group Plc VTYV.L : Jefferies raises target price to 829p from 744p
* Vitesco Technologies Group AG VTSCn.DE : JP Morgan raises to overweight from neutral
* Vitesco Technologies Group AG VTSCn.DE : JP Morgan raises target to EUR 65 from EUR 53
* Watches of Switzerland WOSG.L : HSBC cuts to hold from buy
* Watkin Jones Plc WJG.L : Jefferies cuts target price to 111p from 225p
* Watkin Jones Plc WJG.L : Jefferies cuts to hold from buy
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))