Europe Research Roundup: B&M European Value Retail, BASF, Jumbo

Jumbo SA

03/06/2020 08:22

June 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including B&M European Value Retail, BASF and Jumbo, on Wednesday. 
    
    HIGHLIGHTS
     * B&M European Value Retail SA  BMEB.L : Jefferies cuts to hold from buy
     * BASF SE  BASFn.DE : Jefferies raises to buy from hold
     * Jumbo SA  BABr.AT : HSBC raises target price to EUR 18 from EUR 17
 
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.    
     * B&M European value Retail SA  BMEB.L : Jefferies cuts to hold from buy
     * BASF SE  BASFn.DE : Jefferies raises to buy from hold
     * BASF SE  BASFn.DE : Jefferies raises target price to EUR 66 from EUR 44
     * Codemasters Group Holdings Plc  CDM.L : Berenberg raises target price to 400p from 340p
     * Flatex AG  FTKG.DE : Berenberg raises target price to EUR 41 from EUR 36
     * Grand City Properties SA  GYC.DE : Citigroup cuts price target to EUR 26.2 from EUR 31.7
     * IWG  IWG.L : Credit Suisse raises target price to 350p from 238p
     * Jumbo SA  BABr.AT : HSBC raises target price to EUR 18 from EUR 17
     * LVMH  LVMH.PA : RBC raises target price to EUR 400 from EUR 390
     * Nordea Bank Abp  NDASE.ST : Berenberg raises target price to SEK 72 from SEK 65
     * Stock Spirits Group Plc  STCK.L : HSBC raises target price to 310p from 290p
     * Vivo Energy Plc  VVO.L : Credit Suisse cuts target price to 112p from 140p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))