Europe Research Roundup: Centrica, H&M, Nestle

Helios Underwriting

18/12/2023 07:00

Dec 18 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Centrica, H&M and Nestle, on Monday. 
    
    HIGHLIGHTS  
     * Centrica  CNA.L : Jefferies cuts to hold from buy
     * H&M  HMb.ST : Morgan Stanley raises target price to SEK 180 from SEK 175
     * Kering  PRTP.PA : Morgan Stanley cuts target price to EUR 400 from EUR 435
     * Nestle SA  NESN.S : Citigroup cuts target price to CHF 115 from CHF 130
     * Virbac SA  VIRB.PA : Jefferies raises target price to EUR 295 from EUR 250
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
   
     * Anglo American  AAL.L : Citigroup cuts target price to 2700p from 3000p
     * Beiersdorf AG  BEIG.DE : Citigroup raises target price to EUR 160 from EUR 150
     * Centrica  CNA.L : Jefferies cuts to hold from buy
     * DSM-Firmenich  DSFIR.AS : Barclays cuts target price to EUR 113 from EUR 115
     * Entain  ENT.L : Jefferies raises target price to 1,215p from 890p
     * Entain  ENT.L : Jefferies raises to buy from hold
     * Gerresheimer AG  GXIG.DE : Jefferies cuts target price to EUR 120 from EUR 130
     * H&M  HMb.ST : Morgan Stanley raises target price to SEK 180 from SEK 175
     * Helios Underwriting Plc  HUW.L : Jefferies raises target price to 170p from 140p
     * Kenmare Resources Plc  KMR.L : Peel Hunt cuts target price to 570p from 625p
     * Kering  PRTP.PA : Morgan Stanley cuts target price to EUR 400 from EUR 435
     * Munich Re  MUVGn.DE : Barclays raises target price to EUR 439 from EUR 428
     * Munich Re  MUVGn.DE : Berenberg raises target price to EUR 440 from EUR 435
     * Munich Re  MUVGn.DE : HSBC raises target price to EUR 440 from EUR 435
     * Nestle SA  NESN.S : Citigroup cuts target price to CHF 115 from CHF 130
     * Nokia Oyj  NOKIA.HE : Goldman Sachs cuts target price to EUR 3.1 from EUR 4.8
     * Nokia Oyj  NOKIA.HE : Goldman Sachs cuts to neutral from buy
     * Nordnet AB (Publ)  SAVE.ST : Citigroup raises target price to SEK 185 from SEK 171
     * Nordnet Bank AB  SAVE.ST : Barclays cuts target price to SEK 170 from SEK 180
     * Nordnet Bank AB  SAVE.ST : Barclays cuts to underweight from overweight
     * Rexel  RXL.PA : Berenberg raises target price to EUR 33 from EUR 27
     * Straumann Holding AG  STMN.S : JP Morgan raises target price to CHF 145 from CHF 139
     * Virbac SA  VIRB.PA : Jefferies raises target price to EUR 295 from EUR 250
 

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