Europe Research Roundup: Allianz, Carnival, Future
04/06/2024 08:19
June 4 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Allianz, Carnival and Future, on Tuesday.
HIGHLIGHTS
* Allianz SE ALVG.DE : Citigroup cuts to neutral from buy
* Carnival CCL.L : Peel Hunt raises to buy from add
* Future Plc FUTR.L : Berenberg raises to buy from hold
* Liontrust Asset Management Plc LIO.L : Deutsche Bank cuts to sell from hold
* Nibe NIBEB.ST : Barclays cuts to underweight from equal-weight
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Aalberts NV AALB.AS : Berenberg cuts target price to EUR 56 from EUR 65
* Alfen NV ALFEN.AS : Berenberg cuts target price to EUR 40 from EUR 54
* Alfen NV ALFEN.AS : Berenberg cuts to hold from buy
* Allianz SE ALVG.DE : Citigroup cuts to neutral from buy
* Allianz SE ALVG.DE : Citigroup raises target price to EUR 283 from EUR 272
* Alstom ALSO.PA : HSBC raises target price to EUR 24 from EUR 21.69
* Ariston Holding NV ARIS.MI : Citigroup raises to buy from neutral
* Ariston Holding NV ARIS.MI : Citigroup cuts target price to EUR 5.8 from EUR 6.5
* AXA AXAF.PA : Citigroup raises target price to EUR 39.10 from EUR 34.57
* British Land BLND.L : Peel Hunt raises target price to 505p from 475p
* Carnival CCL.L : Peel Hunt raises target price to 1300p from 1100p
* Carnival CCL.L : Peel Hunt raises to buy from add
* Cerillion Plc CER.L : Liberum raises target price to 1700p from 1650p
* Chemring Group Plc CHG.L : Berenberg raises target price to 460p from 415p
* Continental AG CONG.DE : Bernstein initiates with underperform rating; PT EUR 54
* Diaceutics Plc DXRX.L : RBC raises target price to 165p from 145p
* FMC AG FMEG.DE : HSBC raises target price to EUR 39 from EUR 38
* Fresenius SE FREG.DE : HSBC raises target price to EUR 38 from EUR 31
* Fresenius SE FREG.DE : HSBC raises to buy from hold
* Future Plc FUTR.L : Berenberg raises target price to 1310p from 850p
* Future Plc FUTR.L : Berenberg raises to buy from hold
* Gamma Communications Plc GAMA.L : Berenberg initiates with buy rating; PT 1980p
* Generali GASI.MI : Citigroup adds stock to its europe focus list
* Generali GASI.MI : Citigroup raises target price to EUR 28.7 from EUR 23.36
* Hydro NHY.OL : JP Morgan raises target price to NOK 84 from NOK 82
* ING Groep INGA.AS : Morgan Stanley raises target price to EUR 20 from EUR 19
* Intermediate Capital Group Plc ICGIN.L : Morgan Stanley raises PT to 2800p from 2600p
* JCDecaux JCDX.PA : Citigroup raises target price to EUR 22.3 from EUR 18.2
* Klepierre LOIM.PA : Citigroup raises to buy from sell; raises target price to EUR 32.5 from EUR 14.6
* Liontrust Asset Management Plc LIO.L : Deutsche Bank cuts to sell from hold
* Lloyds Banking Group LLOY.L : Morgan Stanley raises target price to 68p from 67p
* Man Group EMG.L : Deutsche Bank raises target price to 325p from 315p
* Michelin MICP.PA : Bernstein initiates with outperform rating; price target EUR 43
* NCC Group Plc NCCG.L : Liberum raises target price to 170p from 160p
* Nibe NIBEb.ST : Barclays cuts target price to SEK 34 from SEK 45
* Nibe NIBEB.ST : Barclays cuts to underweight from equal-weight
* Pirelli & C SpA PIRC.MI : Bernstein initiates with market-perform rating; PT EUR 6.2
* Polar Capital Holdings Plc POLR.L : Deutsche Bank raises PT to 535p from 500p
* Proximus PROX.BR : HSBC raises target price to EUR 8 from EUR 7.3
* RWE AG RWEG.DE : RBC cuts target price to EUR 52.5 from EUR 55
* Schibsted ASA SCHA.OL : Jefferies cuts target price to NOK 325 from NOK 380
* Stroeer SAXG.DE : JP Morgan raises target price to EUR 87 from EUR 75
* Trifork Group AG TRIFOR.CO : Berenberg cuts target price to DKK 150 from DKK 165
* UMG UMG.AS : JP Morgan raises target price to EUR 37 from EUR 36
* Valbiotis SA WAVE.PA : Portzamparc cuts PT to EUR 8 from EUR 11.8; rating 'buy'
* Wavestone SA : Portzamparc raises target price to EUR 73.9 from EUR 72.1; rating 'buy'
* Wise Plc WISEa.L : Peel Hunt raises target price to 1,000p from 950p
* Zurich Insurance Group AG ZURN.S : Citigroup cuts target price to CHF 488 from CHF 490
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))