Europe Research Roundup: ArcelorMittal, Big Yellow Group, Novozymes

Klepierre SA

12/12/2023 06:41

Dec 12 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including ArcelorMittal, Big Yellow Group, and Novozymes, on
Tuesday. 
    
    HIGHLIGHTS  
    
     * ArcelorMittal SA  MT.AS : JP Morgan raises to overweight from neutral
     * Big Yellow Group Plc  BYG.L : JP Morgan raises target price to 1315p from 1200p
     * Hydro  NHY.OL : JP Morgan raises to overweight from underweight
     * Novozymes  NZYMb.CO : Jefferies raises target price to DKK 380 from DKK 370
     * Unite Group  UTG.L : JP Morgan raises target price to 1115p from 1020p
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
     * 1&1 AG  1U1.DE : HSBC raises target price to EUR 16.5 from EUR 11
     * Afentra Plc  AET.L : Peel Hunt raises target price to 60p from 55p
     * ArcelorMittal SA  MT.AS : JP Morgan raises to overweight from neutral
     * Beiersdorf AG  BEIG.DE : Jefferies raises target price to EUR 152 from EUR 150
     * Big Yellow Group Plc  BYG.L : JP Morgan raises target price to 1315p from 1200p
     * British Land  BLND.L : JP Morgan raises target price to 418p from 400p
     * Castellum AB  CAST.ST : JP Morgan raises target price to SEK 100 from SEK 90
     * Cofinimmo SA  COFB.BR : JP Morgan cuts target price to EUR 75 from EUR 87
     * Colonial  COL.MC : JP Morgan raises target price to EUR 7 from EUR 6.5
     * Compass Group  CPG.L : Berenberg cuts target price to 2,320p from 2,385p
     * Croda  CRDA.L : Jefferies cuts target price to 5,300p from 6,000p
     * Ctp NV  CTPNV.AS : JP Morgan raises target price to EUR 17.6 from EUR 16
     * CVS Group Plc  CVSG.L : Jefferies cuts target price to 1,530p from 2,140p
     * Demant A/S  DEMANT.CO : JP Morgan cuts target price to DKK 325 from DKK 332
     * Derwent London Plc  DLN.L : JP Morgan raises target price to 2750p from 2650p
     * Enel  ENEI.MI : JP Morgan raises target price to EUR 8.1 from EUR 7.8
     * Future Plc  FUTR.L : Stifel cuts target price to 1,550p from 1,650p
     * GB Group Plc  GBGP.L : Stifel cuts target price to 365p from 550p
     * Gecina SA  GFCP.PA : JP Morgan raises target price to EUR 130 from EUR 125
     * Givaudan SA  GIVN.S : Jefferies raises target price to CHF 2,600 from CHF 2,500
     * Grainger  GRI.L : JP Morgan raises target price to 305p from 280p
     * Hydro  NHY.OL : JP Morgan raises to overweight from underweight
     * Kerry Group Plc  KYGa.I : Jefferies raises target price to EUR 84 from EUR 82
     * Keywords Studios  KWS.L : HSBC cuts target price to 2570p from 2915p
     * Klepierre  LOIM.PA : JP Morgan raises target price to EUR 22 from EUR 20
     * Kojamo Oyj  KOJAMO.HE : JP Morgan raises target price to EUR 12 from EUR 11
     * Kojamo Oyj  KOJAMO.HE : JP Morgan raises to neutral from underweight
     * Land Securities  LAND.L : JP Morgan raises target price to 730p from 675p
     * LEG Immobilien SE  LEGn.DE : JP Morgan raises target price to EUR 88 from EUR 85
     * Londonmetric  LMPL.L : JP Morgan raises target price to 215p from 200p
     * Merlin Properties  MRL.MC : JP Morgan raises target price to EUR 10.25 from EUR 9
     * Novozymes  NZYMb.CO : Jefferies raises target price to DKK 380 from DKK 370
     * Redde Northgate  REDD.L : HSBC raises target price to 370p from 365p
     * Rio Tinto  RIO.L : JP Morgan raises to overweight from neutral
     * Sanofi  SASY.PA : TD Cowen cuts target price to EUR 102 from EUR 113
     * Segro  SGRO.L : JP Morgan raises target price to 985p from 885p
     * Solvay  SOLB.BR : Berenberg cuts target price to EUR 25 from EUR 135
     * Solvay  SOLB.BR : Morgan Stanley resumes coverage at equal-weight
     * Syensqo SA  SYENS.BR : Berenberg initiates coverage with buy rating; price target EUR 117
     * Tritax Big Box  BBOXT.L : JP Morgan raises target price to 195p from 175p
     * Ubisoft  UBIP.PA : HSBC cuts target price to EUR 34 from EUR 35
     * Unibail-Rodamco-Westfield SE  URW.PA : JP Morgan raises target to EUR 56 from EUR 50
     * Unite Group  UTG.L : JP Morgan raises target price to 1115p from 1020p
     * United Internet  UTDI.DE : HSBC raises target price to EUR 21 from EUR 15
     * VGP NV  VGP1.BR : JP Morgan cuts to underweight from neutral
     * Vienna Insurance Group  VIGR.VI : HSBC raises target price to EUR 31 from EUR 28.5
     * Vonovia SE  VNAn.DE : JP Morgan raises target price to EUR 31 from EUR 26
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))