Europe Research Roundup: Spectris, Umicore, WPP

Global Fashion SA

13/12/2021 07:04

Dec 13 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Spectris, Umicore and WPP on Monday. 
    
    HIGHLIGHTS
     * Spectris Plc  SXS.L : HSBC raises to buy from hold
     * Umicore SA  UMI.BR : Goldman Sachs cuts to neutral from buy
     * WPP  WPP.L : HSBC raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Acerinox SA  ACX.MC : JP Morgan raises target price to EUR 20 from EUR 18.25
     * Ald SA  ALDA.PA : JP Morgan raises target price to EUR 15.18 from EUR 14.16
     * ArcelorMittal SA  MT.AS : JP Morgan cuts target price to EUR 47 from EUR 49
     * Cineworld  CINE.L : JP Morgan raises target price to 81p from 74p
     * Clarkson Plc  CKN.L : JP Morgan cuts target price to 4,132p from 4,302p
     * Daimler AG  DAIGn.DE : JP Morgan cuts target price to EUR 90 from EUR 98
     * Fevertree Drinks Plc  FEVR.L : HSBC raises target price to 2630p from 2550p
     * Firstgroup Plc  FGP.L : Peel Hunt raises target price to 125p from 107p
     * Forsee Power Sas  FORSE.PA : Berenberg starts with buy rating; EUR12 price target
     * Freenet AG  FNTGn.DE : Jefferies raises target price to EUR 26.10 from EUR 24.50
     * Global Fashion Group SA  GFG.DE : HSBC cuts target price to EUR 9.5 from EUR 16
     * Inchcape Plc  INCH.L : JP Morgan raises target price to 1118p from 986p
     * Lloyds  LLOY.L : HSBC cuts target price to 48p from 51p
     * Logitech International SA  LOGN.S : Deutsche Bank initiates coverage with buy rating
     * Logitech International SA  LOGN.S : Deutsche Bank initiates coverage with PT CHF 92
     * Novartis AG  NOVN.S : Credit Suisse cuts target price to CHF 85 from CHF 90
     * Outokumpu Oyj  OUT1V.HE : JP Morgan raises target price to EUR 10 from EUR 9
     * Photo-Me International Plc  PHTM.L : Canaccord Genuity raises PT to 120p from 105p
     * Publicis  PUBP.PA : HSBC raises target price to EUR 70 from EUR 62
     * Roche Holding AG  ROG.S : Credit Suisse raises target price to CHF 370 from CHF 350
     * Salzgitter AG  SZGG.DE : JP Morgan cuts target price to EUR 32 from EUR 34
     * Smurfit Kappa  SKG.I : JP Morgan raises target price to EUR 58.21 from EUR 56.64
     * Smurfit Kappa  SKG.L : JP Morgan raises target price to 4975p from 4804p
     * Spectris Plc  SXS.L : HSBC raises target price to 4680p from 4045p
     * Spectris Plc  SXS.L : HSBC raises to buy from hold
     * SSAB AB  SSABa.ST : JP Morgan cuts target price to SEK 57 from SEK 58
     * SSAB AB  SSABb.ST : JP Morgan cuts target price to SEK 49.8 from SEK 50.6
     * Trainline  TRNT.L : Stifel cuts target price to 315p from 345p
     * Umicore SA  UMI.BR : Goldman Sachs cuts target price to EUR 38 from EUR 54
     * Umicore SA  UMI.BR : Goldman Sachs cuts to neutral from buy
     * Voestalpine AG  VOES.VI : JP Morgan raises target price to EUR 42 from EUR 41
     * Volution Group Plc  FAN.L : Jefferies raises target price to 560p from 550p
     * Wizz Air  WIZZ.L : HSBC cuts to reduce from hold
     * WPP  WPP.L : HSBC raises target price to 1300p from 1070p
     * WPP  WPP.L : HSBC raises to buy from hold
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))