Europe Research Roundup: Ashtead Group, Beazley, Entain

Just Eat Takeaway.com NV

09/08/2024 08:42

Aug 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies including Ashtead Group, Beazley and Entain, on Friday. 
    
        HIGHLIGHTS
  
                 * Ashtead Group Plc  AHT.L : KeyBanc initiates coverage with sector
 weight rating
 
                 * Beazley Plc  BEZG.L : Berenberg raises target price to 950p from 880p
 
                 * Entain Plc  ENT.L : Deutsche Bank cuts target price to 958p from 1089p
 
                 * Rheinmetall AG  RHMG.DE : Morgan Stanley ups PT to EUR 666 from EUR 636
 
                 * WPP Plc  WPP.L : Morgan Stanley cuts target price to 710p from 765p
 
        
  
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock
entries are in alphabetical order.
   
                 * Abrdn Plc  ABDN.L : HSBC cuts target price to 155p from 160p
 
                 * Adecco Group AG  ADEN.S : RBC cuts target price to CHF 38 from CHF 39
 
                 * ArcelorMittal SA  MT.LU : Morgan Stanley cuts PT to EUR 29.5 from EUR 30
 
                 * Ashtead Group Plc  AHT.L : KeyBanc initiates coverage with sector weight rating
 
                 * Austrian Post  POST.VI : Barclays raises target price to EUR 26.7 from EUR 26.1
 
                 * Barclays  BARC.L : Peel Hunt raises target price to 270p from 265p
 
                 * Basler AG  BSLG.DE : Berenberg cuts target price to EUR 13.50 from EUR 14
 
                 * Beazley Plc  BEZG.L : Berenberg raises target price to 950p from 880p
 
                 * BMW  BMWG.DE : Morgan Stanley cuts target price to EUR 102 from EUR 108
 
                 * Capman Oyj  CAPMAN.HE : Evli Research cuts target price to EUR 2.3 from EUR 2.4
 
                 * Carl Zeiss Meditec  AFXG.DE : Deutsche Bank cuts target price to EUR 66 from EUR 75
 
                 * CD Project  CDR.WA : Deutsche Bank raises target price to PLN 140 from PLN 125
 
                 * Croda  CRDA.L : Morgan Stanley cuts target price to 4500p from 4900p
 
                 * Daimler Truck  DTGGe.DE : Barclays cuts target price to EUR 50 from EUR 55
 
                 * Deliveroo Plc  ROO.L : Barclays raises target price to 165p from 160p
 
                 * Deliveroo Plc  ROO.L : Deutsche Bank raises target price to 187p from 180p
 
                 * Deliveroo Plc  ROO.L : JP Morgan raises target price to 143p from 129p
 
                 * Deutsche Telekom  DTEGn.DE : Barclays ups target price to EUR 32.5 from EUR 30.5
 
                 * Deutsche Telekom  DTEGN.DE : HSBC ups target price to EUR 28.5 from EUR 27.5
 
                 * Entain Plc  ENT.L : Deutsche Bank cuts target price to 958p from 1089p
 
                 * Etteplan Oyj  ETTE.HE : Evli Research cuts target price to EUR 14 from EUR 14.5
 
                 * Fevertree Drinks Plc  FEVR.L : Citigroup cuts target price to 950p from 1175p
 
                 * Freenet  FNTGN.DE : HSBC raises target price to EUR 30 from EUR 28
 
                 * Galapagos  GLPG.AS : Deutsche Bank cuts target price to EUR 30 from EUR 35
 
                 * Galderma Group AG  GALD.S : JP Morgan initiates coverage with overweight rating
 
                 * Galderma Group AG  GALD.S : JP Morgan initiates coverage with PT CHF 90
 
                 * GEA Group AG  G1AG.DE : JP Morgan ups target price to EUR 38.5 from EUR 35
 
                 * Genmab A/S  GMAB.CO : TD Cowen cuts PT to DKK 2,015 from DKK 2,196
 
                 * GFT Technologies SE  GFTG.DE : Berenberg cuts target price to EUR 33 from EUR 36
 
                 * Halma Plc  HLMA.L : Peel Hunt raises target price to 2500p from 2200p
 
                 * Helios Towers  HTWS.L : Barclays raises target price to 115p from 110p
 
                 * Hexpol AB  HPOLb.ST : Berenberg cuts target price to SEK 119 from SEK 129
 
                 * Hikma Pharmaceuticals Plc  HIK.L : Morgan Stanley ups PT to 2100p from 2000p
 
                 * Hill & Smith Plc  HILS.L : Deutsche Bank raises target price to 2600p from 2440p
 
                 * Inchcape Plc  INCH.L : Berenberg raises target price to 1120p from 1040p
 
                 * Just Eat Takeaway.com  JETJ.L : Morgan Stanley raises PT to 1290p from 1200p
 
                 * Just Eat Takeaway.com  JETJ.L : Morgan Stanley ups to overweight from equal weight
 
                 * KBC Groep NV  KBC.BR : Berenberg raises target price to EUR 82 from EUR 80
 
                 * Knorr Bremse AG  KBX.DE : JP Morgan raises target price to EUR 88 from EUR 85
 
                 * London stock Exchange  LSEG.L : Morgan Stanley ups PT to 11415p from 11020p
 
                 * Mercedes-Benz Group AG  MBGn.DE : Morgan Stanley cuts PT to EUR 82 from EUR 90
 
                 * Morgan Sindall Plc  MGNS.L : Deutsche Bank raises target price to 3200p from 3000p
 
                 * Munich Re  MUVGn.DE : Berenberg raises target price to EUR 525 from EUR 520
 
                 * Nordic Semiconductor ASA  NOD.OL : Barclays ups PT to NOK 135 from NOK 100
 
                 * Ocado Group Plc  OCDO.L : HSBC cuts target price to 295p from 305p
 
                 * Outokumpu Oyj  OUT1V.HE : JP Morgan cuts PT to EUR 3.5 from EUR 3.7
 
                 * Persimmon  PSN.L : Peel Hunt raises target price to 1410p from 1180p
 
                 * Piovan SpA  PVNA.MI : Berenberg cuts target price to EUR 14 from EUR 15.40
 
                 * Piovan SpA  PVNA.MI : Berenberg cuts to hold from buy
 
                 * Porsche AG  PSHG_p.DE : Morgan Stanley cuts target price to EUR 65 from EUR 72
 
                 * Reckitt Benckiser  RKT.L : Morgan Stanley cuts target price to 4500p from 4700p
 
                 * Rheinmetall AG  RHMG.DE : Morgan Stanley ups PT to EUR 666 from EUR 636
 
                 * Rotork Plc  ROR.L : Berenberg raises target price to 380p from 370p
 
                 * Ryanair  RYA.I : JP Morgan raises target price to EUR 17 from EUR 16.5
 
                 * Safestore Holdings Plc  SAFE.L : Citigroup raises target price to 1142p from 1028p
 
                 * Scout24  G24n.DE : Barclays cuts target price to EUR 80.3 from EUR 80.5
 
                 * Scout24 SE  G24n.DE : JP Morgan cuts target price to EUR 77 from EUR 80
 
                 * Siemens AG  SIEGn.DE : JP Morgan cuts target price to EUR 215 from EUR 225
 
                 * Sixt SE  SIXG.DE : Deutsche Bank cuts target price to EUR 108 from EUR 116
 
                 * SMA Solar  S92G.DE : TD Cowen cuts target price to EUR 27 from EUR 32
 
                 * Spirax-Sarco  SPX.L : Berenberg cuts target price to 8150p from 9800p
 
                 * Travis Perkins  TPK.L : Deutsche Bank cuts target price to 1070p from 1100p
 
                 * Travis Perkins  TPK.L : Morgan Stanley raises target price to 890p from 830p
 
                 * TT Electronics  TTG.L : Deutsche Bank cuts target price to 245p from 260p
 
                 * Volkswagen  VOWG_p.DE : Morgan Stanley cuts PT to EUR 97 from EUR 107
 
                 * WPP Plc  WPP.L : Barclays cuts target price to 960p from 1000p
 
                 * WPP Plc  WPP.L : Morgan Stanley cuts target price to 710p from 765p
 
                 * Zurich Insurance Group  ZURN.S : HSBC cuts PT to CHF 515 from CHF 525
 
 
 (Compiled by Bengaluru Newsroom)
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