Europe Research Roundup: Convatec Group Plc, Howden Joinery, Travis Perkins

Kion AG

11/03/2024 06:47

March 11 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Convatec Group Plc, Howden Joinery and Travis Perkins on
Monday. 
    
    HIGHLIGHTS
    
                 * Convatec Group Plc  CTEC.L : Jefferies raises target price to 315p from 275p
 
                 * Howden Joinery  HWDN.L : Jefferies raises target price to 1019p from 917p
 
                 * Travis Perkins  TPK.L : Jefferies cuts target price to 745p from 842p
 
 
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
                 * Brenntag SE  BNRGn.DE : JP Morgan raises target price to EUR 74 from EUR 72
 
                 * Carrefour  CARR.PA : JP Morgan cuts target price to EUR 19 from EUR 20
 
                 * Convatec Group Plc  CTEC.L : Jefferies raises target price to 315p from 275p
 
                 * D'Ieteren Group NV  IETB.BR : Jefferies raises target price to EUR 235 from EUR 230
 
                 * Drax Group Plc  DRX.L : JP Morgan raises target price to 850p from 760p
 
                 * Embracer Group AB  EMBRACB.ST : HSBC cuts target price to SEK 18 from SEK 26
 
                 * Howden Joinery  HWDN.L : Jefferies raises target price to 1019p from 917p
 
                 * Jeronimo Martins SA  JMT.LS : JP Morgan cuts target price to EUR 22 from EUR 23.7
 
                 * Kion Group AG  KGX.DE : Jefferies raises target price to EUR 61 from EUR 53
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : JP Morgan raises PT to EUR 27.36 from EUR 27
 
                 * SIG Plc  SHI.L : Jefferies cuts target price to 27.8p from 31.5p
 
                 * St James's Place  SJP.L : HSBC cuts target price to 550p from 740p
 
                 * Team17 Group  TM17.L : HSBC cuts target price to 297p from 640p
 
                 * Teleperformance  TEPRF.PA : HSBC cuts target price to EUR 150 from EUR 220
 
                 * Travis Perkins  TPK.L : Jefferies cuts target price to 745p from 842p
 
                 * Zurich Insurance Group AG  ZURN.S : Jefferies raises target price to CHF 430 from CHF 410
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))