Europe Research Roundup: Bellway, Covestro AG, SAP SE

Imerys SA

26/10/2022 07:43

Oct 26 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bellway, Covestro AG and SAP SE, on Wednesday. 
    HIGHLIGHTS
                 * Bellway Plc  BWY.L : JP Morgan raises target price to 2,660p from 2,640p 
 
                 * Covestro AG  1COV.DE : Citigroup raises to buy from sell 
 
                 * SAP SE  SAPG.DE : JP Morgan raises target price to EUR 116 from EUR 115 
 
 Following is a summary of research actions on European companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order. 
                 * Adidas AG  ADSGn.DE : JP Morgan cuts target price to EUR 105 from EUR 185 
 
                 * Adidas AG  ADSGn.DE : Telsey Advisory Group cuts target price to EUR 110 from EUR
 130 
 
                 * Alfa Laval  ALFA.ST : Citigroup cuts price target to SEK 296 from SEK 324 
 
                 * AMG  AMG.AS : Berenberg raises target price to EUR 51 from EUR 41 
 
                 * Aselsan  ASELS.IS : HSBC raises target price to TRY 34.5 from TRY 33.9 
 
                 * Barratt  BDEV.L : JP Morgan cuts target price to 490p from 530p 
 
                 * Bellway Plc  BWY.L : JP Morgan raises target price to 2,660p from 2,640p 
 
                 * Covestro AG  1COV.DE : Citigroup raises price target to EUR 43 from EUR 27 
 
                 * Covestro AG  1COV.DE : Citigroup raises to buy from sell 
 
                 * DSV  DSV.CO : JP Morgan cuts target price to DKK 1349 from DKK 1460 
 
                 * Enel  ENEI.MI : JP Morgan cuts target price to EUR 7.3 from EUR 9 
 
                 * Erste Group Bank  ERST.VI : HSBC raises target price to EUR 47 from EUR 46 
 
                 * Fresenius SE  FREG.DE : Berenberg cuts target price to EUR 46.1 from EUR 54.95 
 
                 * Fresenius SE  FREG.DE : Credit Suisse cuts target price to EUR 24 from EUR 30 
 
                 * HSBC  HSBA.L : Credit Suisse cuts target price to 585p from 590p 
 
                 * Idorsia Ltd  IDIA.S : Credit Suisse cuts target price to CHF 21 from CHF 25 
 
                 * Imerys SA  IMTP.PA : Berenberg raises target price to EUR 50 from EUR 46 
 
                 * Novartis AG  NOVN.S : JP Morgan cuts target price to CHF 78 from CHF 81 
 
                 * Orange SA  ORAN.PA : Credit Suisse cuts target price to EUR 10 from EUR 11.5 
 
                 * Redde Northgate  REDD.L : HSBC cuts target price to 295p from 370p 
 
                 * Remy Cointreau  RCOP.PA : Credit Suisse cuts target price to EUR 155 from EUR 190 
 
                 * SAP SE  SAPG.DE : JP Morgan raises target price to EUR 116 from EUR 115 
 
                 * SKF  SKFb.ST : Credit Suisse cuts target price to SEK 135 from SEK 150 
 
                 * Telefonica  TEF.MC : JP Morgan cuts target price to EUR 2.9 from EUR 3.5 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))