Europe Research Roundup: Conduit Holdings, IAG, Wise
17/01/2024 06:50
Jan 17 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Conduit Holdings, IAG and Wise, on Wednesday.
HIGHLIGHTS
* Amundi SA AMUN.PA : RBC raises target price to EUR 69 from EUR 64
* Conduit Holdings Ltd CRE.L : Peel Hunt raises target price to 600p from
590p
* Fevertree Drinks Plc FEVR.L : JP Morgan cuts target price to 1090p from
1150p
* IAG ICAG.L : Goldman Sachs raises to buy from neutral
* Wise WISEa.L : Barclays raises target price to 800p from 700p
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* About You Holding SE YOUG.DE : Barclays cuts target price to EUR 3.6 from EUR
4.2
* Acast ACAST.ST : Barclays raises target price to SEK 10.1 from SEK 9.2
* Amundi SA AMUN.PA : RBC raises target price to EUR 69 from EUR 64
* ASOS Plc ASOS.L : Barclays raises target price to 355p from 350p
* Auction Technology Group Plc ATG.L : Barclays cuts target price to 550p from
600p
* Auto1 AG1G.DE : Barclays cuts target price to EUR 6.3 from EUR 7.7
* Autostore AUTO.OL : Barclays raises target price to NOK 24 from NOK 21
* Autotrader AUTOA.L : Barclays raises target price to 900p from 805p
* Ayvens ALDA.PA : Citigroup cuts target price to EUR 12.5 from EUR 15
* Basic Fit NV BFIT.AS : Jefferies raises to buy from underperform
* Basic Fit NV BFIT.AS : Jefferies raises target price to EUR 33 from EUR 29
* Bawag Group AG BAWG.VI : JP Morgan raises target price to EUR 68.9 from EUR 68.7
* Burberry BRBY.L : Barclays cuts target price to 1460p from 1670p
* Conduit Holdings Ltd CRE.L : Peel Hunt raises target price to 600p from 590p
* Deliveroo Plc ROO.L : Barclays raises target price to 155p from 145p
* Deliveroo Plc ROO.L : Barclays raises to overweight from equal-weight
* Delivery Hero DHER.DE : Barclays cuts target price to EUR 51.7 from EUR 61
* Delivery Hero SE DHER.DE : JP Morgan raises target price to EUR 43 from EUR 42
* Deutsche Telekom AG DTEGn.DE : Barclays raises target price to EUR 30 from EUR
28
* Diaceutics Plc DXRX.L : RBC initiates with outperform rating; price target 145p
* Drax Group Plc DRX.L : Citigroup cuts to sell from neutral; cuts PT to 437p from
474p
* DWS Group Gmbh & Co KGaA DWSG.DE : RBC raises target price to EUR 38 from EUR 33
* Edreams Odigeo SA EDRE.MC : Barclays raises target price to EUR 9.25 from EUR 8
* Eiffage FOUG.PA : JP Morgan raises target price to EUR 116 from EUR 115
* Essilorluxottica SA ESLX.PA : Citigroup cuts target price to EUR 210 from EUR
215
* Fevertree Drinks Plc FEVR.L : JP Morgan cuts target price to 1090p from 1150p
* Genmab A/S GMAB.CO : Barclays cuts target price to DKK 2800 from DKK 3000
* Hemnet HEM.ST : Barclays raises target price to SEK 245 from SEK 205
* Howden Joinery HWDN.L : Jefferies raises target price to 917p from 835p
* IAG ICAG.L : Goldman Sachs raises to buy from neutral
* Jeronimo Martins SA JMT.LS : JP Morgan raises target price to EUR 23.7 from EUR
23.5
* Jungheinrich JUNG_p.DE : Barclays raises target price to EUR 37 from EUR 34
* Kion KGX.DE : Barclays raises target price to EUR 38 from EUR 34
* Lindt & Spruengli LISN.S : Berenberg raises target price to CHF 107,000 from CHF
100,000
* M&G MNG.L : RBC raises target price to 220p from 200p
* OSB Group OSBO.L : Peel Hunt cuts target price to 469p from 473p
* Rightmove Plc RMV.L : Barclays cuts target price to 550p from 555p
* Rio Tinto RIO.L : Citigroup cuts target price to 6400p from 6500p
* Rockwool A/S ROCKb.CO : Morgan Stanley cuts target price to DKK 1,630 from DKK
1,669
* Rockwool A/S ROCKb.CO : Morgan Stanley cuts to underweight from equal-weight
* SCA AB SCAb.ST : JP Morgan raises target price to SEK 169 from SEK 167
* Scout24 G24n.DE : Barclays raises target price to EUR 80 from EUR 72
* Softwareone Holding AG SWON.S : Citigroup cuts target price to CHF 15 from CHF
20
* Stora Enso Oyj STERV.HE : JP Morgan cuts target price to EUR 13.6 from EUR 13.9
* THG plc THG.L : Barclays cuts target price to 85p from 89p
* Umicore SA UMI.BR : Berenberg cuts target price to EUR 22 from EUR 30
* UPM-Kymmene Oyj UPM.HE : JP Morgan raises target price to EUR 40.4 from EUR 38.6
* Vinci SGEF.PA : JP Morgan raises target price to EUR 144 from EUR 133
* Wise WISEa.L : Barclays raises target price to 800p from 700p
* Zalando SE ZALG.DE : Barclays cuts target price to EUR 21 from EUR 25
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))