Europe Research Roundup: Cairn Energy, Prosus, Tullow Oil

Kahoot ASA

24/05/2021 08:08

May 24 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Cairn Energy, Prosus and Tullow Oil, on Monday. 
    
    HIGHLIGHTS  
     * Cairn Energy Plc  CNE.L : HSBC raises to buy from hold
     * Prosus NV  PRX.AS : JP Morgan cuts target price to EUR 140.4 from EUR 146
     * Tullow Oil Plc  TLW.L : JP Morgan resumes coverage with neutral rating and 46p PT
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
     * Cairn Energy Plc  CNE.L : HSBC raises target price to 205p from 125p
     * Cairn Energy Plc  CNE.L : HSBC raises to buy from hold
     * Close Brothers Group Plc  CBRO.L : Peel Hunt raises target price to 1,815p from 1,785p
     * Compagnie Financiere Richemont SA  CFR.S : Cowen and Company ups PT to CHF 100 from CHF 80
     * Compagnie Financiere Richemont SA  CFR.S : Credit Suisse raises PT to CHF 95 from CHF 80
     * Compagnie Financiere Richemont SA  CFR.S : JP Morgan raises PT to CHF 115 from CHF 105
     * Diageo  DGE.L : Jefferies raises target price to 3800p from 3600p
     * Genus  GNS.L : HSBC raises target price to 5300p from 5210p
     * Kahoot ASA  KAHOT.OL : JP Morgan cuts target price to NOK 114 from NOK 137
     * Keywords Studios Plc  KWS.L : HSBC raises target price to 3245p from 3200p
     * OCI NV  OCI.AS : Credit Suisse raises target price to EUR 25 from EUR 22
     * Paragon Banking  PAGPA.L : Peel Hunt raises target price to 580p from 500p
     * Premier Foods Plc  PFD.L : Jefferies raises target price to 130p from 110p
     * Prosus NV  PRX.AS : JP Morgan cuts target price to EUR 140.4 from EUR 146
     * Rockwool International A/S  ROCKb.CO : HSBC raises PT to DKK 3300 from DKK 3200
     * Royal Mail Plc  RMG.L : JP Morgan raises target price to 801p from 685p
     * SSP Group Plc  SSPG.L : JP Morgan cuts target price to 350p from 400p
     * Tullow Oil Plc  TLW.L : JP Morgan resumes coverage with neutral rating and 46p PT
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))