Europe Research Roundup: Almirall, Ipsen, Unilever

Groupe Okwind SA

28/09/2022 16:03

Sept 28 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Almirall, Ipsen, and Unilever on Wednesday. 
    HIGHLIGHTS
     * Almirall SA  ALM.MC : RBC initiates coverage with outperform rating and PT EUR 13.5
     * Imerys SA  IMTP.PA : Exane BNP Paribas raises to outperform from neutral 
     * Ipsen SA  IPN.PA : RBC initiates coverage with sector perform rating; target price EUR 107
     * Renault  RENA.PA : Berenberg raises to buy from hold
     * Unilever  ULVR.L : HSBC raises target price to 4,000p from 3,700p
 Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     * Acciona  ANA.MC : RBC raises target price to EUR 190 from EUR 185 
     * Acciona Energia  ANE.MC : RBC raises target price to EUR 46 from EUR 43 
     * ACS  ACS.MC : Societe Generale cuts target price to EUR 33.50 from EUR 33.70 
     * Afyren  ALAFY.PA : Portzamparc cuts target price to EUR 10.5 from EUR 11.4; rating buy
     * Akzo Nobel NV  AKZO.AS : Berenberg cuts target price to EUR 81 from EUR 83 
     * Akzo Nobel NV  AKZO.AS : Deutsche Bank cuts target price to EUR 71 from EUR 80 
     * Akzo Nobel NV  AKZO.AS : HSBC cuts target price to EUR 64 from EUR 72
     * Akzo Nobel NV  AKZO.AS : Jefferies cuts target price to EUR 77 from EUR 81
     * Almirall SA  ALM.MC : RBC initiates coverage with outperform rating and PT EUR 13.5
     * Antofagasta  ANTO.L : Jefferies cuts target price to 1,450p from 1,500p
     * ArcelorMittal SA  MT.AS : JP Morgan cuts target price to EUR 23.5 from EUR 31 
     * Aveva  AVV.L : UBS cuts to neutral from buy 
     * Aveva  AVV.L : UBS raises target price to 3113p from 2725p 
     * Biffa  BIFF.L : Stifel raises target price to 490p from 445p 
     * Burberry  BRBY.L : Societe Generale raises target price to 2190p from 2142p 
     * Card Factory  CARDC.L : UBS cuts target price to 48p from 53p 
     * Close Brothers Group Plc  CBRO.L : Berenberg cuts target price to 1200p from 1250p 
     * CVS Group Plc  CVSG.L : Jefferies cuts target price to 1,970p from 2,110p
     * Darktrace Plc  DARK.L : Morgan Stanley starts with equal weight rating; target price 425p 
     * Dechra Pharmaceuticals Plc  DPH.L : Jefferies cuts target price to 2,880p from 3,630p
     * Deliveroo Plc  ROO.L : Credit Suisse cuts target price to 114p from 130p
     * Dermapharm Holding SE  DMPG.DE : Berenberg cuts target price to EUR 50 from EUR 75 
     * Dunelm Group  DNLM.L : HSBC cuts target price to 770p from 1,040p
     * Dunelm Group Plc  DNLM.L : UBS cuts target price to 796p from 850p 
     * Engie SA  ENGIE.PA : Societe Generale cuts target price to EUR 18.20 from EUR 18.30 
     * Essity AB (Publ)  ESSITYb.ST : JP Morgan cuts target price to SEK 210 from SEK 245
     * Exel Composites Oyj  EXL1V.HE : Inderes cuts PT to EUR 6 from EUR 7; rating accumulate 
     * Flsmidth  FLS.CO : JP Morgan reinstates coverage with overweight rating; PT DKK 275
     * Games Workshop  GAW.L : Jefferies cuts target price to 8,700p from 9,700p
     * Givaudan SA  GIVN.S : Deutsche Bank cuts target price to CHF 3300 from CHF 3600 
     * Givaudan SA  GIVN.S : UBS cuts target price to CHF 2870 from CHF 3180 
     * Groupe Okwind  ALOKW.PA : Portzamparc initiates coverage with buy rating
     * Groupe Okwind  ALOKW.PA : Portzamparc initiates coverage with target price EUR 20.3 
     * Hipgnosis Songs Fund Ltd  SONG.L : RBC cuts target price to 130p from 140p 
     * Honeycomb Investment Trust Plc  HONY.L : Berenberg initiates coverage with 1,070p PT 
     * Honeycomb Investment Trust Plc  HONY.L : Berenberg initiates coverage with buy rating 
     * Hypoport SE  HYQGn.DE : Berenberg cuts target price to EUR 225 from EUR 400 
     * Imerys SA  IMTP.PA : Exane BNP Paribas raises to outperform from neutral 
                 * Investis Holding SA  IREN.S : Credit Suisse raises target price to CHF 107 from
 CHF 106 
 
     * Ipsen SA  IPN.PA : RBC initiates coverage with sector perform rating; target price EUR 107
     * JCDecaux  JCDX.PA : Citigroup cuts price target to EUR 13 from EUR 15.5 
     * Just Eat Takeaway.Com  JETJ.L : Credit Suisse cuts target price to 3,300p from 3,900p
     * Kooth Plc  KOO.L : Canaccord Genuity cuts target price to 240p from 380p 
     * Kooth Plc  KOO.L : Canaccord Genuity cuts to speculative buy from buy
     * Mediclinic International Plc  MDCM.L : Barclays cuts to equal-weight from overweight 
     * Mediclinic International Plc  MDCM.L : Barclays raises target price to 504p from 460p 
     * Mips AB  MIPS.ST : Jefferies initiates coverage with buy rating and SEK 430 target price
     * Newlat Food SpA  NWLF.MI : Societe Generale cuts target price to EUR 7.70 from EUR 8.30 
     * Quadient SA  QDT.PA : Societe Generale cuts target price to EUR 21.30 from EUR 24.30 
     * Renault  RENA.PA : Berenberg raises target price to EUR 34 from EUR 27 
     * Renault  RENA.PA : Berenberg raises to buy from hold
     * Roche Holding AG  ROG.S : Deutsche Bank cuts target price to CHF 300 from CHF 325 
     * Round Hill Music Royalty Fund Ltd  RHM.L : Stifel cuts to neutral from positive 
     * Salzgitter AG  SZGG.DE : JP Morgan cuts target price to EUR 19.6 from EUR 28.7 
     * Schaeffler AG  SHA_p.DE : JP Morgan cuts target price to EUR 6.5 from EUR 7.5
     * Securitas AB  SECUb.ST : Citigroup cuts price target to SEK 79 from SEK 95 
     * Sika AG  SIKA.S : Stifel cuts target price to CHF 250 from CHF 355 
     * Skistar AB  SKISb.ST : Jefferies initiates coverage with buy rating and SEK 145 PT
     * Softcat Plc  SCTS.L : Peel Hunt cuts target price to 1,673p from 2,205p
     * Softcat Plc  SCTS.L : Peel Hunt cuts target price to 1673p from 2205p 
     * SSAB AB  SSABa.ST : JP Morgan cuts target price to SEK 60 from SEK 66 
     * SSAB AB  SSABb.ST : JP Morgan cuts target price to SEK 55 from SEK 61 
     * SSP Group Plc  SSPG.L : Deutsche Bank cuts target price to 250p from 265p 
     * SSP Group Plc  SSPG.L : Morgan Stanley raises target price to 350p from 340p 
     * SSP Group Plc  SSPG.L : Stifel cuts target price to 245p from 260p 
     * Swedish Orphan Biovitrum  SOBIV.ST : RBC initiates coverage with sector perform rating
     * Swedish Orphan Biovitrum  SOBIV.ST : RBC initiates coverage with target price SEK 235
     * Tesco  TSCO.L : Goldman Sachs cuts target price to 255p from 310p 
     * Thule  THULE.ST : Jefferies initiates with hold rating and SEK 235 target price
     * ThyssenKrupp  TKAG.DE : JP Morgan reinstates coverage with target price EUR 4.8 
     * ThyssenKrupp  TKAG.DE : JP Morgan reinstates coverage with underweight rating
     * Trigano  TRIA.PA : Portzamparc cuts target price to EUR 158 from EUR 170; rating buy 
     * Trustpilot Group Plc  TRST.L : JP Morgan cuts target price to 100p from 110p
     * UCB SA  UCB.BR : ING cuts target price to EUR 105 from EUR 120 
     * Unilever  ULVR.L : HSBC raises target price to 4,000p from 3,700p
     * Varta AG  VAR1.DE : Berenberg cuts target price to EUR 45 from EUR 75 
     * Vat Group AG  VACN.S : Stifel cuts target price to CHF 275 from CHF 320 
     * Virbac SA  VIRB.PA : Jefferies cuts target price to EUR 368 from EUR 450
     * Voestalpine AG  VOES.VI : JP Morgan cuts target price to EUR 18.9 from EUR 26.7 
     * Voltalia  VLTSA.PA : Portzamparc raises Recommendation to hold from reduce; PT EUR 19.7 
                 * Wacker Chemie AG  WCHG.DE : Citigroup cuts price target to EUR 104 from EUR 125 
 
     * Zur Rose Group AG  ROSEG.S : Citigroup cuts price target to CHF 35 from CHF 65 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))