Europe Research Roundup: BMW, Pernod-Ricard SA, Remy Cointreau

Global Fashion SA

14/09/2023 08:19

Sept 14 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BMW, Pernod-Ricard SA and Remy Cointreau, on Thursday. 

    HIGHLIGHTS  
                 * 1&1 AG  1U1.DE : Citigroup raises to buy from neutral 
 
                 * BMW  BMWG.DE : Barclays cuts to underweight from equal weight 
 
                 * Pernod-Ricard SA  PERP.PA : Barclays cuts to underweight from overweight 
 
                 * Remy Cointreau  RCOP.PA : Barclays cuts to underweight from overweight 
 
                 * United Internet AG  UTDI.DE : Citigroup raises to buy from neutral
 
 
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.

                 * 1&1 AG  1U1.DE : Citigroup raises to buy from neutral 
 
                 * 1&1 AG  1U1.DE : Citigroup raises price target to EUR 18 from EUR 14
 
                 * Angle Plc  AGLE.L : Jefferies raises target price to 75p from 65p 
 
                 * B&M  BMEB.L : Berenberg raises target price to 645p from 640p 
 
                 * BMW  BMWG.DE : Barclays cuts target price to EUR 92.50 from EUR 107.50 
 
                 * BMW  BMWG.DE : Barclays cuts to underweight from equal weight 
 
                 * BNP Paribas  BNPP.PA : HSBC raises target price to EUR 78 from EUR 76 
 
                 * DFS Furniture Plc  DFSD.L : Berenberg cuts target price to 155p from 195p 
 
                 * D'Ieteren Group NV  IETB.BR : Jefferies raises target price to EUR 230 from EUR 210 
 
                 * Direct Line Insurance  DLGD.L : Berenberg raises target price to 161p from 152p 
 
                 * Energean Plc  ENOG.L : Berenberg cuts target price to 1555p from 1570p 
 
                 * Entain  ENT.L : HSBC cuts target price to 1540p from 1830p 
 
                 * Flutter Entertainment  FLTRF.L : HSBC raises target price to 18100p from 17900p 
 
                 * Frontier Developments Plc  FDEV.L : Jefferies cuts target price to 520p from 680p 
 
                 * Global Fashion Group SA  GFG.DE : Berenberg cuts target price to EUR 2.4 from EUR 3 
 
                 * Greggs  GRG.L : Berenberg raises target price to 3,440p from 3,200p 
 
                 * ING Groep NV  INGA.AS : HSBC raises target price to EUR 14 from EUR 13 
 
                 * KPN  KPN.AS : Citigroup cuts to neutral from buy; cuts target to EUR 3.55 from EUR 3.7
 
                 * Lanxess AG  LXSG.DE : Morgan Stanley cuts target price to EUR 30 from EUR 35 
 
                 * Lanxess AG  LXSG.DE : Morgan Stanley cuts to equal-weight from overweight 
 
                 * LVMH  LVMH.PA : RBC cuts target price to EUR 890 from EUR 940 
 
                 * MTU Aero Engines AG  MTXGn.DE : HSBC cuts target price to EUR 254 from EUR 272 
 
                 * MTU Aero Engines AG  MTXGn.DE : Jefferies cuts target price to EUR 240 from EUR 280 
 
                 * MTU Aero Engines AG  MTXGn.DE : JP Morgan cuts target price to EUR 235 from EUR 265 
 
                 * Novo Nordisk  NOVOb.CO : Barclays cuts target price to DKK 725 from DKK 1450 
 
                 * Pernod-Ricard SA  PERP.PA : Barclays cuts target price to EUR 168 from EUR 241 
 
                 * Pernod-Ricard SA  PERP.PA : Barclays cuts to underweight from overweight 
 
                 * Redrow Plc  RDW.L : Citigroup cuts price target to 521p from 554p 
 
                 * Remy Cointreau  RCOP.PA : Barclays cuts target price to EUR 128 from EUR 220 
 
                 * Remy Cointreau  RCOP.PA : Barclays cuts to underweight from overweight 
 
                 * RS Group  RS1R.L : HSBC cuts target price to 865p from 975p 
 
                 * Sartorius AG  SATG_p.DE : Citigroup raises price target to EUR 385 from EUR 375 
 
                 * Societe Generale SA  SOGN.PA : HSBC raises target price to EUR 32 from EUR 31 
 
                 * Solaria  SLRS.MC : RBC raises target price to EUR 18 from EUR 16 
 
                 * Telefonica Deutschland  O2Dn.DE : Citigroup raises to buy from neutral
 
                 * Telefonica Deutschland  O2Dn.DE : Citigroup raises price target to EUR 2 from EUR 1.8 
 
                 * United Internet AG  UTDI.DE : Citigroup raises price target to EUR 23 from EUR 16.7 
 
                 * United Internet AG  UTDI.DE : Citigroup raises to buy from neutral
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))