Europe Research Roundup: Argenx, Rolls Royce, Thales

H Lundbeck A/S

03/01/2023 07:05

Jan 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Argenx, Rolls Royce and Thales, on Tuesday. 
    HIGHLIGHTS  
     * Argenx SE  ARGX.BR : JP Morgan raises target price to EUR 500 from EUR 480
     * Bayer AG  BAYGn.DE : JP Morgan cuts to neutral from overweight
     * Hikma  HIK.L : JP Morgan raises to overweight from neutral
     * Rolls Royce  RR.L : Jefferies raises to buy from hold
     * Thales  TCFP.PA : Jefferies cuts to hold from buy
 Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
     * Airbus SE  AIR.PA : Jefferies raises target price to EUR 135 from EUR 132
     * Argenx SE  ARGX.BR : JP Morgan raises target price to EUR 500 from EUR 480
     * AstraZeneca  AZN.L : JP Morgan raises target price to 13,500p from 12,500p
     * Autoneum Holding AG  AUTON.S : Credit Suisse raises target price to CHF 114 from CHF 98
     * Bayer AG  BAYGn.DE : JP Morgan cuts to neutral from overweight
     * Bayer AG  BAYGn.DE : JP Morgan cuts target price to EUR 60 from EUR 77
     * Benevolentai SA  BAI.AS : JP Morgan cuts target price to EUR 4 from EUR 5.2
     * Dechra Pharmaceuticals Plc  DPH.L : JP Morgan cuts target price to 4,600p from 5,700p
     * Deutsche Lufthansa AG  LHAG.DE : Citigroup raises price target to EUR 10 from EUR 9.5
     * EasyJet  EZJ.L : Citigroup cuts price target to 270p from 290p
     * FMC AG  FMEG.DE : Jefferies cuts to underperform from hold
     * FMC AG  FMEG.DE : Jefferies cuts target price to EUR 22 from EUR 29
     * Fresenius SE  FREG.DE : Jefferies raises to buy; raises target price to EUR 35 from EUR 24
     * Genmab A/S  GMAB.CO : JP Morgan raises target price to DKK 3,600 from DKK 3,450
     * Getinge  GETIb.ST : JP Morgan cuts to underweight from neutral
     * Getinge  GETIb.ST : JP Morgan cuts target price to SEK 174 from SEK 285
     * Grifols  GRLSbn.MC : JP Morgan cuts target price to EUR 8.5 from EUR 9
     * GSK  GSK.L : JP Morgan cuts to underweight from neutral
     * GSK  GSK.L : JP Morgan cuts target price to 1,350p from 1,600p
     * H Lundbeck A/S  HLUNb.CO : JP Morgan cuts to neutral from overweight
     * H Lundbeck A/S  HLUNb.CO : JP Morgan cuts target price to DKK 31 from DKK 43
     * Hikma  HIK.L : JP Morgan raises to overweight from neutral
     * Hikma  HIK.L : JP Morgan raises target price to 1,950p from 1,760p
     * Idorsia Ltd  IDIA.S : JP Morgan cuts target price to CHF 15 from CHF 17
     * Lonza Group AG  LONN.S : JP Morgan cuts target price to CHF 700 from CHF 770
     * Morphosys AG  MORG.DE : JP Morgan cuts to underweight from neutral
     * Morphosys AG  MORG.DE : JP Morgan cuts target price to EUR 11 from EUR 18
     * MTU Aero Engines AG  MTXGn.DE : Jefferies raises target price to EUR 260 from EUR 250
     * Novartis AG  NOVN.S : JP Morgan raises to neutral from underweight
     * Novartis AG  NOVN.S : JP Morgan raises target price to CHF 85 from CHF 78
     * Novo Nordisk  NOVOb.CO : JP Morgan raises target price to DKK 1,100 from DKK 925
     * Oxford Nanopore Technologies Plc  ONT.L : JP Morgan cuts PT to 460p from 720p
     * Recordati  RECI.MI : JP Morgan raises to overweight from neutral
     * Roche Holding AG  ROG.S : JP Morgan cuts to underweight from neutral
     * Roche Holding AG  ROG.S : JP Morgan cuts target price to CHF 275 from CHF 300
     * Rolls Royce  RR.L : Jefferies raises target price to 125p from 90p
     * Rolls Royce  RR.L : Jefferies raises to buy from hold
     * Safran  SAF.PA : Jefferies raises target price to EUR 118 from EUR 112
     * Sartorius AG  SATG.DE : JP Morgan cuts target price to EUR 500 from EUR 515
     * Sartorius AG  SATG_p.DE : JP Morgan cuts target price to EUR 550 from EUR 570
     * Sartorius Stedim Biotech SA  STDM.PA : JP Morgan cuts target price to EUR 450 from EUR 470
     * SSE  SSE.L : Jefferies cuts target price to 1,830p from 2,080p
     * SSE  SSE.L : Jefferies cuts to hold from buy
     * Thales  TCFP.PA : Jefferies cuts target price to EUR 135 from EUR 140
     * Thales  TCFP.PA : Jefferies cuts to hold from buy
     * Vestas  VWS.CO : JP Morgan raises target price to DKK 149 from DKK 125
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))