Europe Research Roundup: Abb, Danone, Endesa
11/12/2023 07:01
Dec 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including
Abb, Danone and Endesa on Monday.
HIGHLIGHTS
* Abb Ltd ABBN.S : Citigroup raises to buy from neutral
* Danone DANO.PA : Jefferies assumes coverage with buy rating
* Endesa ELE.MC : Morgan Stanley cuts to underweight from equal-weight
* Ten Entertainment Group Plc TEG.L : Berenberg cuts to hold from buy
* Unilever ULVR.L : Jefferies assumes coverage with underperform vs buy rating
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in
alphabetical order.
* A2A A2.MI : Morgan Stanley raises target price to EUR 2.2 from EUR 1.9
* Abb Ltd ABBN.S : Citigroup raises target price to CHF 42 from CHF 34
* Abb Ltd ABBN.S : Citigroup raises to buy from neutral
* Acciona Energia ANE.MC : Berenberg cuts target price to EUR 34 from EUR 45
* Acciona Energia ANE.MC : Morgan Stanley cuts target price to EUR 28 from EUR 32
* AJ Bell AJBA.L : Jefferies raises target price to 380p from 370p
* Anglo American AAL.L : Jefferies cuts target price to 2,500p from 2,600p
* Anglo American AAL.L : Barclays cuts target price to 2575p from 2865p
* Baloise Holding AG BALN.S : Berenberg cuts target price to CHF 151 from CHF 159
* Bankinter SA BKT.MC : Citigroup cuts target price to EUR 8.5 from EUR 8.8
* BAT BATS.L : Jefferies cuts target price to 3,500p from 4,100p
* Berkeley Group BKGH.L : Barclays raises target price to 4812p from 4782p
* Brickability Group Plc BRCK.L : Peel Hunt initiates coverage with buy rating; PT 85p
* Danone DANO.PA : Jefferies assumes coverage with buy rating
* Deliveroo Plc ROO.L : Jefferies raises target price to 205p from 170p
* Deutsche Pfandbriefbank AG PBBG.DE : HSBC cuts target price to EUR 9 from EUR 10.5
* Encavis AG ECVG.DE : Morgan Stanley cuts to underweight from equal-weight
* Endesa ELE.MC : Morgan Stanley cuts target price to EUR 18.5 from EUR 21
* Endesa ELE.MC : Morgan Stanley cuts to underweight from equal-weight
* ERG SpA ERG.MI : Morgan Stanley cuts to underweight from equal-weight
* Focusrite Plc TUNE.L : Peel Hunt raises target price to 625p from 606p
* Haleon Plc HLN.L : Jefferies assumes coverage with buy vs hold rating
* Hapag Lloyd AG HLAG.DE : Citigroup cuts target price to EUR 94 from EUR 135
* Henkel AG & Co KGaA HNKG_p.DE : Barclays cuts target price to EUR 71 from EUR 72
* Henkel AG & Co KGaA HNKG.DE : Jefferies assumes coverage with buy vs hold rating
* Hexpol AB HPOLb.ST : Berenberg raises target price to SEK 108 from SEK 106
* Maersk MAERSKb.CO : Citigroup cuts target price to DKK 8,700 from DKK 9,300
* Nestle SA NESN.S : Jefferies assumes coverage with underperform vs hold rating
* Orsted ORSTED.CO : Barclays cuts target price to DKK 400 from DKK 430
* Orsted ORSTED.CO : Barclays raises to equal-weight from underweight
* PSP Swiss Property AG PSPN.S : Berenberg raises target price to CHF 120 from CHF 115
* Reckitt RKT.L : Jefferies assumes coverage with underperform vs hold rating
* Rolls Royce RR.L : Citigroup raises target price to 431p from 294p
* RWE AG RWEG.DE : Morgan Stanley raises target price to EUR 60 from EUR 50
* Sika AG SIKA.S : Citigroup raises target price to CHF 250 from CHF 230
* SKF SKFb.ST : Citigroup raises target price to SEK 198 from SEK 183
* Ten Entertainment Group Plc TEG.L : Berenberg cuts to hold from buy
* Ten Entertainment Group Plc TEG.L : Berenberg raises target price to 413p from 390p
* Unilever ULVR.AS : Jefferies assumes coverage with underperform vs buy rating
* Unilever ULVR.AS : Jefferies assumes coverage with price target EUR 37.6 vs EUR 57.8
* Virgin Money UK Plc VMUK.L : HSBC cuts target price to 240p from 280p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))