Europe Research Roundup: L'Oreal, Rightmove, VAT Group

Implenia AG

03/08/2021 08:03

Aug 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including L'Oreal, Rightmove and VAT Group, on Tuesday. 
    
    HIGHLIGHTS  
     * L'Oreal  OREP.PA : Credit Suisse raises target price to EUR 285 from EUR 242
     * Rightmove  RMV.L : Berenberg raises to hold from sell
     * VAT Group AG  VACN.S : Berenberg cuts to hold from buy
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
     * 1&1 AG  1U1.DE : Berenberg cuts target price to EUR 38 from EUR 40
     * Amundi SA  AMUN.PA : Berenberg raises target price to EUR 90 from EUR 88
     * Amundi SA  AMUN.PA : Credit Suisse raises target price to EUR 87 from EUR 82
     * Andritz AG  ANDR.VI : HSBC raises target price to EUR 54 from EUR 51
     * AXA  AXAF.PA : JP Morgan raises target price to EUR 27 from EUR 24.95
     * Drax Group Plc  DRX.L : HSBC raises target price to 550p from 520p
     * Engie SA  ENGIE.PA : JP Morgan raises target price to EUR 17.50 from EUR 17
     * Eutelsat  ETL.PA : Credit Suisse raises target price to EUR 11.3 from EUR 10.6
     * Fresenius SE  FREG.DE : CFRA raises target price to EUR 47 from EUR 45
     * Heineken NV  HEIN.AS : Credit Suisse raises target price to EUR 123 from EUR 120
     * Heineken NV  HEIN.AS : Jefferies raises target price to EUR 125 from EUR 120
     * Implenia AG  IMPN.S : Credit Suisse cuts target price to CHF 28 from CHF 30
     * Inficon Holding AG  IFCN.S : Berenberg raises target price to CHF 1,315 from CHF 1,275
     * Interroll Holding AG  INRN.S : Credit Suisse raises target price to CHF 3071 from CHF 2745
     * Intertek  ITRK.L : Credit Suisse cuts target price to 5550p from 5900p
     * L'Oreal  OREP.PA : Credit Suisse raises target price to EUR 285 from EUR 242
     * Meggitt  MGGT.L : JP Morgan raises target price to 800p from 455p
     * Nestle SA  NESN.S : HSBC cuts target price to CHF 130 from CHF 133
     * Nexans  NEXS.PA : JP Morgan raises target price to EUR 86 from EUR 58
     * Nordea Bank Abp  NDASE.ST : Berenberg raises target price to SEK 115 from SEK 100
     * Rentokil  RTO.L : Credit Suisse raises target price to 630p from 585p
     * Rightmove  RMV.L : Berenberg raises to hold from sell
     * Rightmove  RMV.L : Berenberg raises price target to 710p from 455p
     * Rightmove  RMV.L : Credit Suisse raises target price to 660p from 600p
     * Schneider Electric  SCHN.PA : CFRA raises target price to EUR 160 from EUR 150
     * Siemens Healthineers  SHLG.DE : Credit Suisse raises target price to EUR 60 from EUR 55
     * Synthomer  SYNTS.L : Canaccord Genuity raises target price to 750p from 700p
     * Technogym SpA  TGYM.MI : JP Morgan raises target price to EUR 11.50 from EUR 11
     * UCB SA  UCB.BR : Credit Suisse raises target price to EUR 95 from EUR 90
     * Unicredit  CRDI.MI : JP Morgan raises target price to EUR 12 from EUR 11
     * VAT Group AG  VACN.S : Berenberg cuts to hold from buy
     * VAT Group AG  VACN.S : Berenberg raises target price to CHF 365 from CHF 360
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))