Europe Research Roundup: Pearson, Softcat, Trelleborg

Ipsen SA

05/07/2024 08:06

July 5 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Pearson, Softcat and Trelleborg, on Friday. 
    
    HIGHLIGHTS  
    
     * Aker BP ASA  AKRBP.OL : Jefferies cuts target price to NOK 340 from NOK 345
     * GSK  GSK.L : Citigroup cuts target price to 1900p from 2120p
     * Pearson  PSON.L : Deutsche Bank raises target price to 1052p from 1050p
     * Softcat Plc  SCTS.L : Jefferies cuts target price to 1,490p from 1,950p
     * Trelleborg AB  TRELb.ST : Citigroup raises target price to SEK 425 from SEK 405
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
   
     * Acciona Energia  ANE.MC : JP Morgan cuts target price to EUR 27 from EUR 33.50
     * Aixtron SE  AIXGn.DE : Berenberg cuts target price to EUR 30 from EUR 37
     * Aker BP ASA  AKRBP.OL : Jefferies cuts target price to NOK 340 from NOK 345
     * Alfa Laval  ALFA.ST : Citigroup raises target price to SEK 486 from SEK 474
     * Auto Trader Group Plc  AUTOA.L : HSBC raises target price to 925p from 825p
     * Aviva  AV.L : JP Morgan cuts target price to 545p from 550p
     * Baltic Classifieds Group  BCG.L : Deutsche Bank raises target price to 329p from 294p
     * Bpost SA  BPOST.BR : Jefferies cuts target price to EUR 3 from EUR 3.5
     * Bytes Technology Group Plc  BYIT.L : Jefferies cuts target price to 520p from 560p
     * Cancom SE  COKG.DE : Deutsche Bank raises target price to EUR 43 from EUR 42
     * Clariant  CLN.S : Deutsche Bank raises target price to CHF 15 from CHF 13.5
     * Close Brothers Group Plc  CBRO.L : Deutsche Bank initiates with buy rating; PT 610p
     * Currys Plc  CURY.L : Barclays raises target price to 74p from 67p
     * Danone  DANO.PA : Morgan Stanley cuts target price to EUR 65 from EUR 66
     * Direct Line Insurance  DLGD.L : HSBC cuts target price to 200p from 239p
     * DWS Group GmbH & Co KGaA  DWSG.DE : JP Morgan cuts target price to EUR 39.10 from EUR 40
     * Eiffage  FOUG.PA : JP Morgan cuts target price to EUR 123 from EUR 125
     * Enagas  ENAG.MC : Barclays cuts target price to EUR 14.4 from EUR 15.3
     * Euronext NV  ENX.PA : HSBC raises target price to EUR 98 from EUR 94
     * Evonik Industries  EVKn.DE : Deutsche Bank raises target price to EUR 26 from EUR 25
     * Fluidra  FLUI.MC : Berenberg cuts target price to EUR 25 from EUR 26
     * GSK  GSK.L : Citigroup cuts target price to 1900p from 2120p
     * Holcim  HOLN.S : Deutsche Bank raises target price to CHF 81 from CHF 78
     * Ipsen SA  IPN.PA : Barclays cuts target price to EUR 130 from EUR 135
     * Kloeckner & Co.  KCOGn.DE : Deutsche Bank cuts target price to EUR 8 from EUR 10
     * Krones AG  KRNG.DE : Berenberg raises target price to EUR 159 from EUR 155
     * Nexans SA  NEXS.PA : Barclays raises target price to EUR 100 from EUR 94
     * Norwegian Air Shuttle As  NAS.OL : Barclays cuts target price to NOK 15 from NOK 18
     * Novartis AG  NOVN.S : Citigroup raises target price to CHF 97 from CHF 87
     * Pearson  PSON.L : Deutsche Bank raises target price to 1052p from 1050p
     * Pluxee NV  PLX.PA : Deutsche Bank cuts target price to EUR 35 from EUR 36
     * Pluxee NV  PLX.PA : Morgan Stanley cuts target price to EUR 31 from EUR 32
     * Redcare Pharmacy  RDC.DE : Deutsche Bank raises target price to EUR 182 from EUR 178
     * Roche Bobois  RBO.PA : Portzamparc raises to buy from accumulate
     * Roche Bobois  RBO.PA : Portzamparc raises target price to EUR 58
     * Softcat Plc  SCTS.L : Jefferies cuts target price to 1,490p from 1,950p
     * Softcat Plc  SCTS.L : Jefferies cuts to underperform from buy
     * Tele2 AB  TEL2b.ST : Berenberg cuts to sell from hold
     * Tele2 AB  TEL2b.ST : Berenberg raises target price to SEK 93 from SEK 86
     * Telia  TELIA.ST : Berenberg raises target price to SEK 28 from SEK 26
     * TKH Group NV  TWKNc.AS : Berenberg raises target price to EUR 55 from EUR 50
     * Trainline  TRNT.L : JP Morgan raises target price to 410p from 395p
     * Trelleborg AB  TRELb.ST : Citigroup raises target price to SEK 425 from SEK 405
     * Tryg  TRYG.CO : Morgan Stanley cuts target price to DKK 178 from DKK 182
     * Tullow Oil Plc  TLW.L : Jefferies cuts target price to 25p from 30p
     * Victrex Plc  VCTX.L : Deutsche Bank cuts target price to 1300p from 1380p
     * Vinci  SGEF.PA : Citigroup raises target price to EUR 145 from EUR 135
     * Vinci  SGEF.PA : JP Morgan raises target price to EUR 146 from EUR 145
     * Wacker Chemie  WCHG.DE : Morgan Stanley raises target price to EUR 128 from EUR 125
     * Yara  YAR.OL : Morgan Stanley cuts target price to NOK 345 from NOK 360
  

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