Europe Research Roundup: Argenx, Glencore, Volvo Car

H Lundbeck A/S

23/08/2024 07:56

Aug 23 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Argenx, Glencore and Volvo Car, on Friday. 

    HIGHLIGHTS  
                 * Argenx SE  ARGX.BR : JP Morgan raises target price to EUR 570 from
 EUR 470
 
                 * Glencore  GLEN.L : Morgan Stanley cuts target price to 470p from
 480p
 
                 * Rockwool A/S  ROCKb.CO : Morgan Stanley raises PT to DKK 3023 from
 DKK 2664
 
                 * Swiss Re AG  SRENH.S : RBC raises target price to CHF 120 from CHF
 114
 
                 * Volvo Car AB  VOLCARB.ST : HSBC cuts target price to SEK 40 from
 SEK 45
 
 Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.    
                 * Argenx SE  ARGX.BR : JP Morgan raises target price to EUR 570 from EUR 470
 
                 * Barratt  BDEV.L : RBC raises target price to 575p from 550p
 
                 * Demant A/S  DEMANT.CO : Jefferies raises to hold from underperform
 
                 * Entain Plc  ENT.L : Barclays cuts target price to 800p from 1070p
 
                 * Erste Group Bank  ERST.VI : HSBC raises target price to EUR 66 from EUR 65
 
                 * Evolution Gaming  EVOG.ST : Barclays cuts target price to SEK 1350 from SEK 1480
 
                 * Evotec SE  EVTG.DE : RBC cuts target price to EUR 12 from EUR 16
 
                 * Glencore  GLEN.L : Morgan Stanley cuts target price to 470p from 480p
 
                 * GN Store Nord  GN.CO : JP Morgan raises target price to DKK 266 from DKK 226
 
                 * GN Store Nord  GN.CO : Morgan Stanley cuts target price to DKK 205 from DKK 218
 
                 * H Lundbeck A/S  HLUNb.CO : JP Morgan raises target price to DKK 46 from DKK 38
 
                 * Hays  HAYS.L : Barclays cuts target price to 117p from 120p
 
                 * JDE Peet'S  JDEP.AS : HSBC raises target price to EUR 21.6 from EUR 20.9
 
                 * K+S  SDFGn.DE : Baader Helvea cuts to sell from add; cuts PT to EUR 7.5 from EUR
 18
 
                 * Lottomatica Group S.P.A.  LTMC.MI : Barclays raises PT to EUR 16 from EUR 14.5
 
                 * NKT A/S  NKT.CO : Berenberg raises target price to DKK 675 from DKK 647
 
                 * Rockwool A/S  ROCKb.CO : Morgan Stanley raises PT to DKK 3023 from DKK 2664
 
                 * Schoeller-Bleckmann Oilfield Equipment  SBOE.VI : Berenberg cuts PT to EUR 50
 from EUR 60
 
                 * Smiths Group  SMIN.L : Berenberg initiates coverage With hold rating; PT 1,850p
 
                 * Swiss Re AG  SRENH.S : JP Morgan raises target price to CHF 140 from CHF 135
 
                 * Swiss Re AG  SRENH.S : RBC raises target price to CHF 120 from CHF 114
 
                 * Volvo Car AB  VOLCARB.ST : HSBC cuts target price to SEK 40 from SEK 45
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))