Europe Research Roundup: Bunzl, Grifols, Kingfisher

Italian Wine Brands SpA

23/03/2021 06:49

March 23 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bunzl, Grifols and Kingfisher, on Tuesday. 
    
    HIGHLIGHTS  
     * Bunzl  BNZL.L : RBC raises to sector perform from underperform
     * Grifols  GRLS.MC : Credit Suisse raises to outperform from neutral
     * Kingfisher  KGF.L : Goldman Sachs cuts to neutral from buy
     * Volkswagen AG  VOWG_p.DE : Independent Research raises to buy from hold
     * Zur Rose Group AG  ROSEG.S : Morgan Stanley starts with overweight rating; PT CHF 500
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
     * A2A  A2.MI : Citigroup raises price target to EUR 2.1 from EUR 2
     * Ascential  ASCL.L : Peel Hunt raises target price to 370p from 350p
     * Ashtead Group Plc  AHT.L : HSBC raises target price to 4945p from 4150p
     * AST Groupe  ASTP.PA : Midcap Partners raises target price to EUR 8.0 from EUR 5.8
     * Barratt  BDEV.L : Citigroup raises price target to 865p from 793p
     * Bayer AG  BAYGn.DE : Kepler Cheuvreux raises target price to EUR 68 from EUR 62
     * Bellway Plc  BWY.L : Citigroup raises price target to 3847p from 3462p
     * Berkeley Group  BKGH.L : Citigroup raises price target to 4601p from 4328p
     * Bodycote Plc  BOY.L : Goldman Sachs raises price target to 790p from 680p
     * Bodycote Plc  BOY.L : Goldman Sachs raises to neutral from sell
     * BP  BP.L : Citigroup raises price target to 300p from 290p
     * Breedon Group Plc  BREE.L : UBS cuts to neutral from buy, cuts target to 93p from 96p
     * Brunel International NV  BRUN.AS : ING raises price target to EUR 14.25 from EUR 8.50
     * BT  BT.L : UBS raises target price to 108p from 102p
     * Bunzl  BNZL.L : RBC raises price target to 2270p from 2200p
     * Bunzl  BNZL.L : RBC raises to sector perform from underperform
     * Capital & Regional Plc  CAL.L : Peel Hunt raises target price to 70p from 50p
     * Centamin Plc  CEY.L : Berenberg cuts price target to 133p from 143p
     * Compagnie Financiere Richemont SA  CFR.S : HSBC raises PT to CHF 105 from CHF 99
     * Compass  CPG.L : Deutsche Bank cuts target price to 1630p from 1645p
     * Crest Nicholson Holdings Plc  CRST.L : Canaccord Genuity raises PT to 415p from 350p
     * Delivery Hero SE  DHER.DE : BofA Global Research ups price objective to EUR 160 from EUR
 150
     * Deutz AG  DEZG.DE : Kepler Cheuvreux raises target price to EUR 8 from EUR 7
     * Diasorin SpA  DIAS.MI : Berenberg cuts price target to EUR 150 from EUR 180
     * DNB ASA  DNB.OL : UBS raises target price to NOK 143 from NOK 137
     * Elior Group SA  ELIOR.PA : Deutsche Bank cuts target price to EUR 7.1 from EUR 7.3
     * Elis SA  ELIS.PA : Berenberg raises price target to EUR 17 from EUR 16
     * Epiroc AB  EPIRa.ST : Barclays raises price target to SEK 165 from SEK 160
     * Ferrovial  FER.MC : BofA Global Research raises price objective to EUR 27 from EUR 26.5
     * Fevertree Drinks Plc  FEVR.L : HSBC cuts target price to 2550p from 2649.8p
     * FILA Fabbrica Italiana Lapis ed Affini FILA.MI : Kepler Cheuvreux cuts PT to EUR 12.8
 from EUR 13.2
     * FinecoBank  FBK.MI : Exane BNP Paribas starts with underperform rating; PT EUR 13.5
     * Fintel Plc  FNTL.L : Liberum raises target price to 235p from 215p
     * GEA Group AG  G1AG.DE : Citigroup raises target price to EUR 42 from EUR 29.90
     * GEA Group AG  G1AG.DE : Citigroup raises to buy from neutral
     * Greenyard NV  GREENY.BR : Berenberg raises price target to EUR 8 from EUR 7.50
     * Grifols  GRLS.MC : Credit Suisse raises target price to EUR 25 from EUR 24
     * Grifols  GRLS.MC : Credit Suisse raises to outperform from neutral
     * GSK  GSK.L : SVB Leerink cuts price target to 1500p from 1700p
     * Gsk  GSK.L : SVB Leerink cuts to market perform from outperform
     * Hammerson  HMSO.L : Peel Hunt cuts target price to 25p from 30p
     * Hapag Lloyd AG  HLAG.DE : JP Morgan cuts to underweight from neutral
     * Hapag Lloyd AG  HLAG.DE : JP Morgan raises price target to EUR 111.59 from EUR 101.71
     * Hapag Lloyd AG  HLAG.DE : Morgan Stanley raises price target to EUR 136 from EUR 86
     * HeidelbergCement AG  HEIG.DE : Berenberg raises target price to EUR 81 from EUR 77
     * HeidelbergCement AG  HEIG.DE : UBS raises target price to EUR 79 from EUR 73
     * Helium One Global  HE1H.L : Canaccord Genuity initiates with rating speculative buy;20p
 PT
     * Henry Boot Plc  BOOT.L : Peel Hunt raises price target to 325p from 310p 
     * HSBC  HSBA.L : Citigroup raises price target to 430p from 420p
     * ING Groep NV  INGA.AS : Morgan Stanley raises price target to EUR 12 from EUR 10.50
     * Interroll Holding AG  INRN.S : Baader Helvea raises PT to CHF 3500 from CHF 3050
     * Italian Wine Brands  ITWB.MI : Midcap Partners raises target to EUR 40.5 from EUR 36
     * JCDecaux  JCDX.PA : Berenberg raises to buy from hold, raises PT to EUR 28 from EUR 18
     * Johnson Matthey  JMAT.L : Jefferies raises price target to 3875p from 3650p
     * Kalray  ALKAL.PA : Portzamparc raises to buy from hold; raises PT to EUR 51.3 from EUR 39
     * KBC Groep NV  KBC.BR : SocGen cuts to hold from buy
     * Kingfisher  KGF.L : Goldman Sachs cuts to neutral from buy
     * Kingfisher  KGF.L : Goldman Sachs raises price target to 360p from 350p
     * Kingfisher  KGF.L : Morgan Stanley raises price target to 360p from 340p
     * Knights Group Holdings Plc  KGHK.L : Liberum raises target price to 500p from 485p
     * Knights Group Holdings Plc  KGHK.L : Peel Hunt raises target price to 450p from 390p
     * Koninklijke Philips NV  PHG.AS : Barclays raises price target to EUR 55 from EUR 54
     * Leoni AG  LEOGn.DE : Independent Research raises PT to EUR 9.10 from EUR 8.00; sell
     * Litigation Capital Management Ltd  LITL.L : Canaccord Genuity cuts PT to 94p from 96p
     * Luceco Plc  LUCEL.L : Liberum raises target price to 330p from 320p
     * Luceco Plc  LUCEL.L : Peel Hunt raises price target to 340p from 270p
     * Malin Corporation Plc  MLCM.I : Liberum cuts target price to EUR 9.70 from EUR 10
     * Newriver REIT Plc  NRRT.L : Peel Hunt raises target price to 80p from 60p
     * Ontex Group NV  ONTEX.BR : Morgan Stanley cuts price target to EUR 9.50 from EUR 10.20
     * Pebble Group Plc  PEBB.L : Berenberg raises price target to 160p from 140p
     * Piovan SpA  PVNA.MI : Kepler Cheuvreux raises target price to EUR 8.4 from EUR 5.8
     * Prosiebensat 1 Media SE  PSMGn.DE : Citigroup raises price target to EUR 23 from EUR 16.5
     * Prudential  PRU.L : HSBC raises target price to 1800p from 1375p
     * Prudential  PRU.L : HSBC raises to buy from hold
     * Raiffeisen Bank International AG  RBIV.VI : HSBC raises target to EUR 22 from EUR 21
     * Redrow Plc  RDW.L : Citigroup raises price target to 727p from 655p
     * Remy Cointreau  RCOP.PA : JP Morgan raises price target to EUR 150 from EUR 125
     * Remy Cointreau  RCOP.PA : JP Morgan raises to neutral from underweight
     * Rolls Royce  RR.L : UBS raises target price to 119p from 111p
     * Ryanair  RYA.I : HSBC cuts target price to EUR 19 from EUR 19.25
     * Saipem SpA  SPMI.MI : HSBC cuts target price to EUR 2.6 from EUR 2.9
     * Saipem SpA  SPMI.MI : HSBC cuts to hold from buy
     * Secure Income REIT Plc  SIRE.L : Stifel raises price target to 425p from 375p
     * Shell  RDSa.L : Citigroup raises price target to 1280p from 1200p
     * Shop Apotheke Europe NV  SAEG.DE : Morgan Stanley starts with overweight rating; PT EUR
 230
     * Siegfried Holding  SFZN.S : BofA Global Research starts with buy rating; price objective
 CHF 875
     * Sonova Holding AG  SOON.S : JP Morgan raises target price to CHF 236 from CHF 226
     * Streamwide  ALSTW.PA : Midcap Partners raises target price to EUR 33.0 from EUR 31.0
     * Subsea 7 SA  SUBC.OL : HSBC raises target price to NOK 96 from NOK 87
     * Supermarket Income REIT Plc  SUPR.L : RBC raises target price to 135p from 130p
     * Takkt AG  TTKG.DE : Berenberg raises price target to EUR 17 from EUR 13
     * Taylor Wimpey  TW.L : Berenberg raises price target to 210p from 180p
     * Taylor Wimpey  TW.L : Citigroup raises price target to 205p from 204p
     * Tecan Group AG  TECN.S : UBS cuts target price to CHF 440 from CHF 455
     * Tokmanni Group Corp  TOKMAN.HE : Kepler Cheuvreux raises PT to EUR 23 from EUR 22
     * Trigano SA  TRIA.PA : Kepler Cheuvreux raises target price to EUR 180 from EUR 170
     * Tullow Oil Plc  TLW.L : Peel Hunt raises target price to 50p from 40p
     * UCB SA  UCB.BR : ING cuts price target to EUR 120 from EUR 130
     * Ultra Electronics Holdings Plc  ULE.L : JP Morgan raises Pricetarget to 2500p from 2350p
     * Unicaja Banco SA  UNI.MC : Societe Generale starts with buy rating; EUR 0.95 target price
     * Verbund AG  VERB.VI : Kepler Cheuvreux cuts target price to EUR 80 from EUR 90
     * Vesuvius Plc  VSVS.L : Jefferies raises price target to 615p from 575p
     * Volkswagen AG  VOWG_p.DE : Independent Research raises PT to EUR 265.00 from EUR 220.00
     * Volkswagen AG  VOWG_p.DE : Independent Research raises to buy from hold
     * Watches of Switzerland  WOSG.L : HSBC starts with buy rating; price target 845p
     * Webuild SpA  WBD.MI : Kepler Cheuvreux raises target price to EUR 1.9 from EUR 1.7
     * Workspace  WKP.L : JP Morgan raises price target to 915p from 855p
     * Zur Rose Group AG  ROSEG.S : Morgan Stanley starts with overweight rating; PT CHF 500
    

 (Compiled by Bengaluru Newsroom)
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