Europe Research Roundup: Acerinox SA, Red Electrica, Diageo

HRS

30/07/2021 08:22

July 30 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Acerinox SA, Red Electrica and Diageo, on Friday. 
    
    HIGHLIGHTS  
     * Acerinox SA  ACX.MC : JP Morgan raises target price to EUR 16.50 from EUR 15
     * Red Electrica  REE.MC : Societe Generale cuts to hold from buy
     * Diageo  DGE.L : Credit Suisse raises target price to 3950p from 3700p
     * Solvay  SOLB.BR : JP Morgan raises target price to EUR 145 from EUR 128
    
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Acerinox SA  ACX.MC : JP Morgan raises target price to EUR 16.50 from EUR 15
     * Air Liquide  AIRP.PA : JP Morgan raises target price to EUR 185 from EUR 170
     * Airtel Africa  AAF.L : JP Morgan raises target price to 120p from 105p
     * Anheuser Busch Inbev SA  ABI.BR : Credit Suisse cuts target price to EUR 60 from EUR 62
     * Arkema SA  AKE.PA : Credit Suisse raises target price to EUR 101 from EUR 98
     * Autoneum Holding AG  AUTON.S : Credit Suisse raises target price to CHF 238 from CHF 234
     * BAE Systems  BAES.L : Vertical Research raises target price to 660p from 630p
     * Base Resources Ltd  BSE.L : Peel Hunt cuts target price to 20p from 22p
     * BASF SE  BASFn.DE : CFRA raises target price to EUR 79 from EUR 77
     * BT  BT.L : JP Morgan raises target price to 235p from 225p
     * Deutsche Boerse AG  DB1Gn.DE : Credit Suisse raises target price to EUR 165 from EUR 160
     * Diageo  DGE.L : Credit Suisse raises target price to 3950p from 3700p
     * Foxtons Group Plc  FOXT.L : Peel Hunt raises to buy from add
     * H&M  HMb.ST : Credit Suisse cuts target price to SEK 163 from SEK 170
     * Hrs  ALHRS.PA : Berenberg initiates with buy rating and EUR 37 price target
     * Inditex  ITX.MC : Credit Suisse raises target price to EUR 25 from EUR 24
     * Ipsen SA  IPN.PA : Credit Suisse raises target price to EUR 90 from EUR 75
     * Kion Group AG  KGX.DE : JP Morgan raises target price to EUR 96 from EUR 72
     * Lancashire Holdings  LRE.L : HSBC cuts to hold from buy, cuts PT to 750p from 780p
     * Lloyds  LLOY.L : JP Morgan raises target price to 60p from 59p
     * Mail Ru Group Ltd  MAILRq.L : JP Morgan cuts target price to $27 from $29
     * Mortgage Advice Bureau (Holdings) Plc  MAB1.L : Peel Hunt raises PT to 1,468p from 1,183p
     * Next  NXT.L : Credit Suisse raises target price to 8025p from 7150p
     * Next  NXT.L : Credit Suisse raises to neutral from underperform
     * Ontex Group NV  ONTEX.BR : JP Morgan cuts target price to EUR 10 from EUR 10.5
     * Orange SA  ORAN.PA : Credit Suisse cuts target price to EUR 11.5 from EUR 12
     * Puma SE  PUMG.DE : RBC raises target price to EUR 114 from EUR 110
     * Recordati  RECI.MI : Credit Suisse raises target price to EUR 44 from EUR 41
     * Red Electrica  REE.MC : Societe Generale cuts to hold from buy
     * Relx  REL.L : Credit Suisse raises target price to 2430p from 2250p
     * Relx  REL.L : JP Morgan raises target price to 2,300p from 2,050p
     * Rentokil  RTO.L : RBC raises target price to 645p from 625p
     * Rexel  RXL.PA : Credit Suisse raises target price to EUR 19.5 from EUR 16.5
     * Sage Group  SGE.L : JP Morgan raises target price to 720p from 630p
     * Sanofi  SASY.PA : JP Morgan raises target price to EUR 100 from EUR 93
     * Solvay  SOLB.BR : JP Morgan raises target price to EUR 145 from EUR 128
     * STMicroelectronics NV  STM.MI : Cowen and Company raises PT to EUR 44 from EUR 40
     * STMicroelectronics NV  STM.PA : JP Morgan raises target price to EUR 37 from EUR 36.50
     * Verallia Sas  VRLA.PA : Credit Suisse raises target price to EUR 42 from EUR 41
     * Vivo Energy Plc  VVO.L : Credit Suisse raises target price to 132p from 128p
    

 (Compiled by Bengaluru Newsroom)
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