Europe Research Roundup: Bank of Georgia, Tracsis, Victrex

Heidelberger Druckmaschinen AG

29/08/2024 08:15

Aug 29 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Bank of Georgia, Tracsis and Victrex, on Thursday. 
    
    HIGHLIGHTS  
                 * Bank of Georgia  BGEO.L : Peel Hunt raises target price to 6200p from
 6000p
 
                 * Close Brothers Group Plc  CBRO.L : RBC raises to outperform from sector
 perform 
 
                 * Rathbones Group  RAT.L : RBC raises target price to 1,950p from 1,850p
 
                 * Tracsis Plc  TRCS.L : Berenberg cuts target price to 1,150p from 1,245p
 
                 * Victrex Plc  VCTX.L : Berenberg cuts target price to 1290p from 1491p
 
    
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
    
                 * AJ Bell  AJBA.L : RBC raises target price to 440p from 410p
 
                 * Bank of Georgia  BGEO.L : Peel Hunt raises target price to 6200p from 6000p
 
                 * Bellway  BWY.L : Deutsche Bank raises target price to 3362p from 3013p
 
                 * Brooks MacDonald Group Plc  BRK.L : RBC raises target price to 2,150p from
 2,050p
 
                 * Bunzl  BNZL.L : Deutsche Bank raises target price to 3400p from 3250p
 
                 * Bunzl  BNZL.L : RBC raises PT to 3350p from 2700p
 
                 * Bunzl  BNZL.L : RBC raises to sector perform from underperform
 
                 * Centrica  CNA.L : Jefferies raises to buy from hold
 
                 * Close Brothers Group Plc  CBRO.L : RBC raises target price to 620p from 375p
 
                 * Close Brothers Group Plc  CBRO.L : RBC raises to outperform from sector
 perform 
 
                 * DSM-Firmenich  DSFIR.AS : Deutsche Bank raises target price to EUR 137 from
 EUR 135
 
                 * Eiffage  FOUG.PA : Jefferies raises target price to EUR 117 from EUR 115
 
                 * Elekta AB  EKTAb.ST : JP Morgan raises target price to SEK 71 from SEK 67
 
                 * Etteplan Oyj  ETTE.HE : Evli Research cuts target price to EUR 13.5 from EUR
 14
 
                 * Grand City Properties SA  GYC.DE : Berenberg raises PT to EUR 14.5 from EUR
 12.5
 
                 * Heidelberger Druckmaschinen AG  HDDG.DE : Baader Helvea cuts PT to EUR 1.75
 from EUR 2
 
                 * Heidelberger Druckmaschinen AG  HDDG.DE : Baader Helvea raises to buy from add
 
                 * Hunting Plc  HTG.L : RBC raises target price to 500p from 450p
 
                 * Infineon Technologies AG  IFXGN.DE : HSBC cuts target price to EUR 43 from EUR
 44
 
                 * ING Groep NV  INGA.AS : Berenberg raises target price to EUR 20 from EUR 19.5
 
                 * Integrafin Holdings Plc  IHPI.L : RBC raises target price to 440p from 400p
 
                 * Quilter Plc  QLT.L : RBC raises target price to 155p from 150p
 
                 * Rathbones Group  RAT.L : RBC raises target price to 1,950p from 1,850p
 
                 * Reckitt  RKT.L : JP Morgan cuts to neutral from overweight
 
                 * Robertet SA  ROBF.PA : Jefferies initiates coverage with buy rating and EUR
 1,040 PT
 
                 * Siegfried Holding AG  SFZN.S : RBC raises target price to CHF 1,125 from CHF
 880
 
                 * St. James's Place  SJP.L : RBC raises target price to 725p from 700p
 
                 * Stadler Rail AG  SRAIL.S : Citigroup cuts target price to CHF 26.5 from CHF 27
 
                 * Stadler Rail AG  SRAIL.S : JP Morgan cuts target price to CHF 25.40 from CHF
 27
 
                 * Tatton Asset Management Plc  TAMT.L : RBC raises target price to 800p from
 725p
 
                 * Tracsis Plc  TRCS.L : Berenberg cuts target price to 1,150p from 1,245p
 
                 * Vestas  VWS.CO : RBC cuts target price to DKK 228 from DKK 243
 
                 * Vesuvius Plc  VSVS.L : Berenberg cuts target price to 530p from 580p
 
                 * Vesuvius Plc  VSVS.L : Jefferies cuts target price to 655p from 685p
 
                 * Victrex Plc  VCTX.L : Berenberg cuts target price to 1290p from 1491p
 
                 * Vienna Insurance Group  VIGR.VI : HSBC raises target price to EUR 36.5 from
 EUR 35
 
                 * Yubico AB  YUBICO.ST : Berenberg initiates with hold rating; price target SEK
 300
 
 


 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))