Europe Research Roundup: Accor, L'Oréal, Volvo

H Lundbeck A/S

11/04/2023 08:07

April 11 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Accor, L'Oréal and Volvo, on Tuesday. 
    
    HIGHLIGHTS  
     * Accor  ACCP.PA : Morgan Stanley raises to overweight from equal-weight
     * Hellofresh SE  HFGG.DE : JP Morgan raises to overweight from underweight
     * L'Oréal SA  OREP.PA : Barclays raises target price to EUR 450 from EUR 420
     * Persimmon  PSN.L : Barclays raises to equal-weight from underweight
     * Volvo AB  VOLVb.ST : JP Morgan raises target price to SEK 200 from SEK 190
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
     * Accor  ACCP.PA : Morgan Stanley raises target price to EUR 37 from EUR 35
     * Accor  ACCP.PA : Morgan Stanley raises to overweight from equal-weight
     * Alstom  ALSO.PA : JP Morgan cuts target price to EUR 33 from EUR 35
     * Barratt Developments  BDEV.L : Barclays raises target price to 570p from 509p
     * Bellway  BWY.L : Barclays raises target price to 2,330p from 2,250p
     * Bystronic AG  BYS.S : Credit Suisse raises target price to CHF 620 from CHF 610
     * Demant A/S  DEMANT.CO : Barclays raises target price to DKK 225 from DKK 180
     * H Lundbeck A/S  HLUNb.CO : Jefferies raises target price to DKK 30 from DKK 27
     * Hellofresh SE  HFGG.DE : JP Morgan raises target price to EUR 27 from EUR 18
     * Hellofresh SE  HFGG.DE : JP Morgan raises to overweight from underweight
     * Henkel  HNKG_p.DE : Barclays raises target price to EUR 70 from EUR 65
     * Jeronimo Martins  JMT.LS : HSBC raises target price to EUR 20 from EUR 19
     * Kingspan Group  KSP.I : Barclays cuts target price to EUR 80 from EUR 82
     * Knorr Bremse AG  KBX.DE : JP Morgan raises target price to EUR 71 from EUR 70
     * L'Oréal SA  OREP.PA : Barclays raises target price to EUR 450 from EUR 420
     * Mapfre  MAP.MC : Barclays raises target price to EUR 1.75 from EUR 1.7
     * Novartis  NOVN.S : Barclays raises target price to CHF 85 from CHF 80
     * Persimmon  PSN.L : Barclays cuts target price to 1,300p from 1,360p
     * Persimmon  PSN.L : Barclays raises to equal-weight from underweight
     * Rexel  RXL.PA : JP Morgan cuts target price to EUR 28.5 from EUR 29
     * Rockwool  ROCKb.CO : Barclays cuts target price to DKK 2,100 from DKK 2,500
     * Saint-Gobain  SGOB.PA : Barclays raises target price to EUR 68 from EUR 67
     * Sika  SIKA.S : Barclays cuts target price to CHF 330 from CHF 340
     * Smith+Nephew Plc  SN.L : Morgan Stanley raises to overweight from equal-weight
     * Taylor Wimpey  TW.L : Barclays raises target price to 131p from 125p
     * UBS Group AG  UBSG.S : JP Morgan raises target price to CHF 27 from CHF 23
     * Vistry Group  VTYV.L : Barclays raises target price to 740p from 625p
     * Volvo AB  VOLVb.ST : JP Morgan raises target price to SEK 200 from SEK 190
     * Wolters Kluwer NV  WLSNc.AS : Credit Suisse raises PT to EUR 128 from EUR 122
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))