Europe Research Roundup: BNP Paribas, Renault, Soitec

Just Eat Takeaway.com NV

29/05/2024 07:59

May 29 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BNP Paribas, Renault and Soitec on Wednesday. 
    
    HIGHLIGHTS  
    
     * BNP Paribas  BNPP.PA : HSBC raises target price to EUR 90 from EUR 73
     * Darktrace Plc  DARK.L : Northland Capital cuts to market perform
     * Mitchells & Butlers  MAB.L : HSBC raises target price to 345p from 320p
     * Renault  RENA.PA : Goldman Sachs raises to buy from neutral
     * Soitec SA  SOIT.PA : HSBC cuts target price to EUR 184 from EUR 194
      
Following is a summary of research actions on European companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.
    
     * ABN Amro Bank NV  ABNd.AS : HSBC raises target price to EUR 16.5 from EUR 15.5
     * Ageas SA  AGES.BR : Goldman Sachs reinstates coverage with neutral rating; PT EUR 52.5
     * Aramis Group Sas  ARAMI.PA : Morgan Stanley raises target price to EUR 5.1 from EUR 5
     * Atos  ATOS.PA : HSBC cuts target price to EUR 0.15 from EUR 4
     * Auto1 Group SE  AG1G.DE : HSBC raises target price to EUR 8 from EUR 6
     * Ayvens  ALDA.PA : Deutsche Bank cuts target price to EUR 10.2 from EUR 10.25
     * BNP Paribas  BNPP.PA : HSBC raises target price to EUR 90 from EUR 73
     * Bytes Technology Group Plc  BYIT.L : HSBC raises target price to 675p from 625p
     * CD Projekt  CDR.WA : Barclays raises target price to PLN 94 from PLN 92
     * CD Projekt SA  CDR.WA : Morgan Stanley cuts to underweight from equal-weight
     * CD Projekt SA  CDR.WA : Morgan Stanley cuts target price to PLN 120 from PLN 150
     * Credit Agricole S.A.  CAGR.PA : HSBC raises target price to EUR 16 from EUR 13
     * Darktrace Plc  DARK.L : Northland Capital cuts target price to 620p from 800p
     * Darktrace Plc  DARK.L : Northland Capital cuts to market perform
     * Deliveroo Plc  ROO.L : Morgan Stanley raises target price to 170p from 150p
     * Delivery Hero SE  DHER.DE : Morgan Stanley cuts target price to EUR 31 from EUR 37
     * Delivery Hero SE  DHER.DE : Morgan Stanley cuts to equal-weight from overweight
     * E ON SE  EONGn.DE : RBC raises target price to EUR 13.25 from EUR 12.75
     * ING Groep NV  INGA.AS : HSBC raises target price to EUR 17 from EUR 13
     * Ithaca Energy  ITH.L : HSBC cuts target price to 150p from 160p
     * Just Eat Takeaway.Com  JETJ.L : Morgan Stanley cuts target price to 1,190p from 1,500p
     * KBC Groep NV  KBC.BR : HSBC raises target price to EUR 91 from EUR 82
     * Merck KGaA  MRCG.DE : Morgan Stanley raises target price to EUR 200 from EUR 180
     * Mitchells & Butlers  MAB.L : HSBC raises target price to 345p from 320p
     * Mobico Group Plc  MCG.L : Berenberg cuts to hold from buy; cuts target to 66p from 100p
     * National Grid Plc  NG.L : Morgan Stanley cuts target price to 1150p from 1200p
     * Neste Oyj  NESTE.HE : Jefferies cuts target price to EUR 40 from EUR 45
     * ON the Beach Group Plc  OTB.L : Berenberg raises to buy from hold
     * Paradox Interactive AB (Publ)  PDXI.ST : Citigroup cuts target to SEK 160 from SEK 220
     * PZU  PZU.WA : HSBC raises target price to PLN 58 from PLN 56
     * Renault  RENA.PA : Goldman Sachs raises to buy from neutral
     * Renault  RENA.PA : Goldman Sachs raises target price to EUR 70 from EUR 51
     * Rockwool A/S  ROCKb.CO : Morgan Stanley raises to equal-weight from underweight
     * Rockwool A/S  ROCKb.CO : Morgan Stanley raises target price to DKK 2,600 from DKK 1,809
     * Schaeffler AG  SHA_p.DE : Citigroup resumes coverage with buy rating; PT EUR 8.1
     * Schneider Electric  SCHN.PA : Morgan Stanley resumes with equal weight rating; PT EUR 234
     * Societe Generale SA  SOGN.PA : HSBC raises target price to EUR 28 from EUR 23
     * Soitec SA  SOIT.PA : Barclays cuts target price to EUR 120 from EUR 125
     * Soitec SA  SOIT.PA : HSBC cuts target price to EUR 184 from EUR 194
     * Suess Microtec SE  SMHNn.DE : Berenberg initiates coverage with buy rating; PT EUR 71
     * Swiss Re  SRENH.S : HSBC raises target price to CHF 135 from CHF 127
     * Swiss Re  SRENH.S : HSBC raises to buy from hold
     * Syensqo SA  SYENS.BR : UBS initiates coverage with buy rating; target price EUR 119
     * Tecnicas Reunidas  TRE.MC : Barclays raises target price to EUR 20 from EUR 14
     * Victorian Plumbing  VIC.L : Deutsche Bank raises target price to 110p from 100p
     * Victorian Plumbing Plc  VIC.L : Barclays raises target price to 105p from 95p
     * Vitesco Technologies Group AG  VTSCn.DE : Citigroup resumes with buy rating; PT EUR 92
     * Zeal Network SE  TIMAn.DE : Berenberg raises target price to EUR 48 from EUR 46
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))