Europe Research Roundup: Nemetschek, Pennon Group, Severn Trent

Kion AG

12/12/2024 06:51

Dec 12 - Securities analysts revised their ratings and price targets on several European companies,
including Nemetschek, Pennon Group and Severn Trent on Thursday.
    
    HIGHLIGHTS  
                 * About You Holding SE  YOUG.DE : Barclays raises to equal-weight from underweight
 
                 * Nemetschek SE  NEKG.DE : JP Morgan initiates coverage with underweight rating
 
                 * Pennon Group  PNN.L : Barclays raises to overweight from equal-weight
 
                 * Severn Trent  SVT.L : Barclays raises target price to 2,800p from 2,500p
 
                 * United Utilities  UU.L : Barclays raises to equal weight from underweight
 
 
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.
 
                 * 3I Infrastructure  3IN.L : Barclays raises target price to 400p from 385p
 
                 * About You Holding SE  YOUG.DE : Barclays raises target price to EUR 6.5 from EUR 3.4
 
                 * About You Holding SE  YOUG.DE : Barclays raises to equal-weight from underweight
 
                 * Adyen NV  ADYEN.AS : Citigroup raises target price to EUR 2000 from EUR 1750
 
                 * Anglo American  AAL.L : Citigroup raises target price to 3000p from 2800p
 
                 * BBGI Global Infrastructure SA  BBGIB.L : Barclays cuts target price to 135p from 138p
 
                 * Carl Zeiss Meditec AG  AFXG.DE : JP Morgan cuts target price to EUR 40 from EUR 45
 
                 * Cordiant Digital Infrastructure  CORD.L : Barclays raises target price to 117p from 112p
 
                 * Diageo  DGE.L : UBS raises target price to 2920p from 2300p
 
                 * D'Ieteren Group  IETB.BN : Barclays cuts target price to CHF 215 from CHF 275
 
                 * Digital 9 Infrastructure  DGI9.L : Barclays cuts target price to 25p from 50p
 
                 * Essity  ESSITYb.ST : Barclays cuts target price to SEK 291 from SEK 292
 
                 * GCP Infrastructure Investments  GCPI.L : Barclays raises target price to 75p from 70p
 
                 * Glencore  GLEN.L : Citigroup cuts target price to 480p from 530p
 
                 * HICL Infrastructure  HICL.L : Barclays cuts target price to 140p from 146p
 
                 * International Public Partnerships  INPP.L : Barclays ups target price to 143p from 140p
 
                 * Kion  KGX.DE : Barclays cuts target price to EUR 37 from EUR 38
 
                 * Nemetschek SE  NEKG.DE : JP Morgan initiates coverage with underweight rating
 
                 * Nemetschek SE  NEKG.DE : JP Morgan initiates coverage with target price EUR 95
 
                 * Pantheon Infrastructure  PINT.L : Barclays raises target price to 118p from 106p
 
                 * Pennon Group  PNN.L : Barclays raises target price to 800p from 690p
 
                 * Pennon Group  PNN.L : Barclays raises to overweight from equal-weight
 
                 * Premier Miton Group Plc  PMIP.L : Peel Hunt raises target price to 73p from 70p
 
                 * Prosus NV  PRX.AS : JP Morgan raises target price to EUR 57 from EUR 55
 
                 * Qinetiq Group Plc  QQ.L : JP Morgan raises target price to 535p from 455p
 
                 * RENK Group AG  R3NK.DE : JP Morgan cuts target price to EUR 25 from EUR 30
 
                 * Sequoia Economic Infrastructure Income  SEQI.L : Barclays raises PT to 97p from 95p
 
                 * Severn Trent  SVT.L : Barclays raises target price to 2,800p from 2,500p
 
                 * SSP Group Plc  SSPG.L : JP Morgan raises target price to 210p from 200p
 
                 * United Utilities  UU.L : Barclays raises target price to 1,200p from 975p
 
                 * United Utilities  UU.L : Barclays raises to equal weight from underweight
 
                 * Wise Plc  WISEa.L : Citigroup raises target price to 770p from 680p
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))