Europe Research Roundup: Draegerwerk, M&S, THG

Infineon Technologies AG

Today 07:13

Nov 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Draegerwerk, M&S and THG, on Wednesday
     
HIGHLIGHTS    
* Draegerwerk AG & Co KGaA DRWG_p.DE: Berenberg initiates coverage with buy rating
* Haleon Plc HLN.L: RBC raises target price to 340p from 310p 
* M&S MKS.L: Peel Hunt raises target price to 450p from 360p 
* Orsted ORSTED.CO: HSBC raises target price to DKK 168 from DKK 165
* THG Plc THG.L: Barclays initiates coverage with equalweight rating
     
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. 
       
* Aak AB (Publ) AAK.ST: Jefferies initiates coverage with hold rating
* Aak AB (Publ) AAK.ST: Jefferies initiates coverage with target price SEK 170 
* Air Liquide AIRP.PA: Jefferies raises target price to EUR 216 from EUR 204 
* Arkema SA AKE.PA: Bernstein cuts target price to EUR 63 from EUR 65 
* Auto Trader AUTOA.L: Peel Hunt raises target price to 690p from 630p 
* Azelis AZE.BR: Jefferies cuts target price to EUR 13 from EUR 15 
* Azelis AZE.BR: Jefferies cuts to hold rating
* Banca Generali BGN.MI: Barclays cuts target price to EUR 78 from EUR 78.9 
* BASF SE BASFn.DE: Jefferies cuts to underperform from hold 
* BP BP.L: Jefferies raises target price to 580p from 550p 
* BT Group Plc BT.L: Morgan Stanley raises target price to 270p from 255p 
* Chesnara Plc CSN.L: RBC raises target price to 420p from 400p 
* Clariant AG CLN.S: Jefferies raises target price to CHF 13.7 from CHF 10.2 
* Clariant AG CLN.S: Jefferies raises to buy from hold
 * Cornish Metals Plc TIN.L: Berenberg cuts target price to 93p from 153p 
* Croda CRDA.L: Jefferies raises target price to 4500p from 4000p 
* Deutsche Telekom AG DTEGn.DE: Barclays raises target price to EUR 33 from EUR 32 
* Draegerwerk AG & Co KGaA DRWG_p.DE: Berenberg initiates coverage with buy rating
* Draegerwerk AG & Co KGaA DRWG_p.DE: Berenberg initiates coverage with PT EUR 156 
* DSMFirmenich AG DSFIR.AS: Jefferies cuts target price to EUR 110 from EUR 117 
* DSMFirmenich AG DSFIR.AS: Jefferies cuts to hold from buy
* Engie ENGIE.PA: HSBC cuts target price to EUR 26.3 from EUR 27.2 
* ENI ENI.MI: Jefferies raises target price to EUR 32 from EUR 30 
* Equinor EQNR.OL: Jefferies raises target price to NOK 400 from NOK 380 
* Evonik Industries AG EVKn.DE: Jefferies cuts to hold from buy
* Evonik Industries AG EVKn.DE: Jefferies raises target price to EUR 21 from EUR 20 
* Frasers Group Plc FRAS.L: Deutsche Bank raises target price to 1130p from 850p 
 * Fuller Smith & Turner Plc FSTA.L: Peel Hunt raises target price to 900p from 800p 
* Givaudan SA GIVN.S: Jefferies raises target price to CHF 4000 from CHF 3030 
* Glenveagh Properties Plc GLV.I: Davy Research raises PT to EUR 2.84 from EUR 2.56 
* GSK GSK.L: Citigroup cuts target price to 2050p from 2100p 
* GTT GTT.PA: Morgan Stanley raises to equal weight from underweight 
* Haleon Plc HLN.L: RBC raises target price to 340p from 310p 
* Hannover Re HNRGn.DE: Morgan Stanley cuts to underweight from equal weight 
* Hannover Re HNRGn.DE: Morgan Stanley raises target price to EUR 270 from EUR 260 
* Hensoldt HAGG.DE: Deutsche Bank cuts target price to EUR 100 from EUR 105 
* Hensoldt AG HAGG.DE: JP Morgan raises target price to EUR 105 from EUR 100 
* Hensoldt AG HAGG.DE: JP Morgan raises to overweight from neutral
* Hensoldt AG HAGG.DE: Stifel raises target price to EUR 105 from EUR 90 
* IMCD N.V. IMCD.AS: Jefferies cuts to hold rating; cuts PT to EUR 115 from EUR 122 
* Infineon Technologies AG IFXGn.DE: Bernstein cuts target price to EUR 82 from EUR 102 
 * Infineon Technologies AG IFXGn.DE: BofA Global Research cuts PT to EUR 80 from EUR 88 
* Infineon Technologies AG IFXGn.DE: Jefferies cuts target price to EUR 74 from EUR 96 
* Infineon Technologies AG IFXGn.DE: JP Morgan cuts target price to EUR 80 from EUR 96 
 * Infineon Technologies AG IFXGn.DE: UBS cuts target price to EUR 55 from EUR 64 
* Johnson Matthey JMAT.L: Jefferies raises target price to 2770p from 2660p 
* Jungheinrich JUNG_p.DE: Barclays raises target price to EUR 33 from EUR 32 
 * Jungheinrich AG JUNG_p.DE: Berenberg cuts target price to EUR 34 from EUR 37 
* Kainos KNOS.L: Stifel raises target price to 1400p from 1395p 
* Kerry Group Plc KYGa.I: Jefferies raises target price to EUR 120 from EUR 105 
 * M&S MKS.L: Jefferies raises target price to 525p from 500p 
* M&S MKS.L: JP Morgan raises target price to 475p from 450p 
* M&S MKS.L: Peel Hunt raises target price to 450p from 360p 
* Mediolanum BMED.MI: Barclays raises target price to EUR 27.6 from EUR 26.2 
* Medios ILM1k.DE: Deutsche Bank cuts target price to EUR 15 from EUR 16 
* Neste Oyj NESTE.HE: Jefferies cuts target price to EUR 37.4 from EUR 39 
* Newprinces SpA NWLF.MI: Equita raises target price to EUR 30 from EUR 25 
* Novonesis NSISb.CO: Jefferies raises target price to DKK 550 from DKK 540 
* NTG Nordic Transport Group A/S NTGNT.CO: Barclays raises PT to DKK 355 from DKK 310 
* NTG Nordic Transport Group A/S NTGNT.CO: Morgan Stanley cuts PT to DKK 360 from DKK 370 
* Orsted ORSTED.CO: HSBC raises target price to DKK 168 from DKK 165 
* Outokumpu Oyj OUT1V.HE: Morgan Stanley cuts target price to EUR 4 from EUR 5.5 
* Oxford Instruments Plc OXIG.L: Deutsche Bank raises target price to 3520p from 3450p 
* Playtech PTEC.L: Deutsche Bank cuts target price to 512p from 532p 
* Porsche PSHG_p.DE: Deutsche Bank cuts target price to EUR 41 from EUR 43 
* Robertet SA ROBF.PA: Jefferies raises target price to EUR 1000 from EUR 930 
* Sampo Oyj SAMPO.HE: Morgan Stanley raises target price to EUR 10.7 from EUR 9.8 
* SEB SA SEBF.PA: Bernstein cuts target price to EUR 72 from EUR 73 
* Siemens Healthineers SHLG.DE: Deutsche Bank raises target price to EUR 43 from EUR 39 
* Soitec SA SOIT.PA: JP Morgan cuts target price to EUR 190 from EUR 200 
 * Stellantis N.V STLAM.MI: BofA Global Research cuts PT to EUR 3.50 from EUR 5.50 
* Sulzer AG SUN.S: Jefferies raises target price to CHF 220 from CHF 190 
* Tatton Asset Management Plc TAMT.L: Berenberg raises target price to 840p from 820p 
* Teamviewer SE TMV.DE: Goldman Sachs cuts target price to EUR 5.20 from EUR 6 
 * Watches of Switzerland Group WOSG.L: UBS raises target price to 898p from 890p 
* THG Plc THG.L: Barclays initiates coverage with equalweight rating
* THG Plc THG.L: Barclays initiates coverage with PT 42p 
* Totalenergies SE TTEF.PA: Jefferies raises target price to EUR 92 from EUR 90 
* Unicredit CRDI.MI: JP Morgan raises target price to EUR 100 from EUR 94 
* Unilever Plc ULVR.L: Deutsche Bank raises target price to 5350p from 5300p 
* Unilever Plc ULVR.L: Deutsche Bank raises to buy from hold 
 * Uniqa Insurance Group AG UNIQ.VI: Berenberg raises PT to EUR 22.4 from EUR 20 
* Victrex Plc VCTX.L: Jefferies raises target price to 825p from 760p 
* Watches of Switzerland Group WOSG.L: Barclays raises target price to 860p from 845p 
 * Whitbread WTB.L: Berenberg raises target price to 2700p from 2400p 
 * Wiit S.P.A. WIIT.MI: Berenberg cuts target price to EUR 32 from EUR 34 
* Yara YAR.OL: Jefferies cuts target price to NOK 400 from NOK 480 
 * Zigup Plc ZIG.L: Jefferies raises target price to 450p from 410p 

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