Europe Research Roundup: Telecom SA, St James's Place, Symrise AG

GVS

23/01/2023 07:23

Jan 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Cellnex Telecom
SA, St James's Place and Symrise AG, on Monday. 
    HIGHLIGHTS  
                 * Cellnex Telecom SA  CLNX.MC : RBC cuts to sector perform from outperform 
 
                 * St James's Place  SJP.L : HSBC cuts to hold from buy 
 
                 * Symrise AG  SY1G.DE : Jefferies cuts target price to EUR 120 from EUR 125 
 
 Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.
                 * BASF SE  BASFN.DE : HSBC raises target price to EUR 57 from EUR 56 
 
                 * Cellnex Telecom SA  CLNX.MC : RBC cuts target price to EUR 40 from EUR 43 
 
                 * Cellnex Telecom SA  CLNX.MC : RBC cuts to sector perform from outperform 
 
                 * Deliveroo Plc  ROO.L : HSBC raises target price to 105p from 100p 
 
                 * Ericsson  ERICb.ST : Credit Suisse cuts target price to SEK 61 from SEK 70 
 
                 * GVS SpA  GVS.MI : Berenberg initiates coverage with buy rating; target price EUR 7.5 
 
                 * ITM Power Plc  ITM.L : JP Morgan cuts target price to 230p from 280p 
 
                 * Pendragon Plc  PDG.L : Jefferies resumes coverage with buy rating and 25p target price 
 
                 * Sartorius AG  SATGp.DE : Credit Suisse starts with neutral rating and EUR 450 target price 
 
                 * Sartorius Stedim Biotech SA  STDM.PA : Credit Suisse starts with neutral rating and EUR 360 PT
 
                 * St James's Place  SJP.L : HSBC cuts to hold from buy 
 
                 * St James's Place  SJP.L : HSBC raises target price to 1350p from 1250p 
 
                 * Symrise AG  SY1G.DE : Jefferies cuts target price to EUR 120 from EUR 125 
 
                 * Umg  UMG.AS : Credit Suisse raises target price to EUR 25.5 from EUR 24 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))