Europe Research Roundup: Beiersdorf, Next, Tesco

Havas NV

18/12/2024 06:56

Dec 18 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Beiersdorf, Next and Tesco, on Wednesday. 
    
 HIGHLIGHTS  
    
     * Beiersdorf AG  BEIG.DE : Barclays cuts target price to EUR 143 from EUR 150
     * Next Plc  NXT.L : Barclays raises target price to 9850p from 9300p
     * Tesco  TSCO.L : Barclays raises target price to 415p from 405p
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
      
     * Beiersdorf AG  BEIG.DE : Barclays cuts target price to EUR 143 from EUR 150
     * Canal+ SA  CAN.L : Barclays initiates coverage with overweight rating; target price 280p
     * EDPR  EDPR.LS : HSBC cuts target price to EUR 11 from EUR 11.7
     * Energias De Portugal  EDP.LS : HSBC cuts target price to EUR 3.7 from EUR 3.8
     * Havas  HAVAS.AS : Barclays initiates coverage with overweight rating; target EUR 2.15
     * IAG  ICAG.L : Jefferies raises target price to 350p from 270p
     * IAG  ICAG.L : Peel Hunt raises target price to 400p from 270p
     * Lagardere  LAGA.PA : Barclays reinstates coverage with equal weight rating; PT EUR 23.50
     * Nestle SA  NESN.S : Stifel cuts target price to CHF 87 from CHF 91
     * Next Plc  NXT.L : Barclays raises target price to 9850p from 9300p
     * OSB Group  OSBO.L : Peel Hunt cuts to hold from add
     * OSB Group  OSBO.L : Peel Hunt raises target price to 414p from 395p
     * Ryanair  RYA.I : Jefferies raises target price to EUR 18.2 from EUR 17.1
     * Tesco  TSCO.L : Barclays raises target price to 415p from 405p
     * Tullow Oil Plc  TLW.L : Barclays reinstates coverage with overweight rating; PT 55p
     * VAT Group AG  VACN.S : Goldman Sachs initiates coverage with neutral rating; PT CHF 363
     * Vivendi  VIV.PA : Barclays resumes coverage with overweight rating; target EUR 3.25
     * Wizz Air  WIZZ.L : Jefferies cuts target price to 1070p from 1020p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))