Europe Research Roundup: Close Brothers Group, Fabege AB, Rathbones Group
14/06/2022 08:29
June 14 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Close Brothers Group, Fabege AB and Rathbones Group, on Tuesday.
HIGHLIGHTS
* Close Brothers Group Plc CBRO.L : RBC raises to outperform from sector perform
* Fabege AB FABG.ST : Barclays cuts to underweight from equal weight
* Michelin MICP.PA : JP Morgan cuts to underweight from neutral
* Rathbones Group RAT.L : Liberum raises to buy from hold
* Valbiotis ALVAL.PA : Midcap Partners Puts target price under review; rating buy
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Alfa Laval AB ALFA.ST : Citigroup cuts price target to SEK 283 from SEK 331
* Avanza Bank AVANZ.ST : Barclays starts with underweight rating; target price SEK 195
* Bravida Holding AB BRAV.ST : Deutsche Bank cuts target price to SEK 95 from SEK 105
* Burckhardt Compression Holding AG BCHN.S : Credit Suisse cuts PT to CHF 530 from CHF 570
* Capricorn Energy Plc CNE.L : Jefferies raises target price to 235p from 230p
* Cellnex Telecom SA CLNX.MC : Credit Suisse cuts target price to EUR 60 from EUR 65
* Cerinnov Group SA ALPCV.PA : Portzamparc cuts target price to EUR 1.8 from EUR 2.0; buy
* Close Brothers Group Plc CBRO.L : RBC raises target price to 1300p from 1250p
* Close Brothers Group Plc CBRO.L : RBC raises to outperform from sector perform
* Colruyt COLR.BR : KBC Securities cuts target price to EUR 29.00 from EUR 41.00; hold
* Credit Agricole S.A. CAGR.PA : HSBC cuts target price to EUR 10 from EUR 11
* Danske Bank DANSKE.CO : Barclays cuts target price to DKK 96 from DKK 102
* DNB Bank ASA DNB.OL : Barclays cuts target price to NOK 178 from NOK 184
* Enagas ENAG.MC : Berenberg raises to hold from sell; raises PT to EUR 22 from EUR 17.50
* Endomines AB (Publ) ENDO.ST : Evli Research cuts target price to SEK 2.2 from SEK 2.3
* Eurobio Scientific ALERS.PA : Midcap Partners cuts PT to EUR 36 from EUR 38; buy
* Fabege AB FABG.ST : Barclays cuts to underweight from equal weight
* Focus Entertainment ALFOC.PA : Midcap Partners cuts PT to EUR 79.0 from EUR 80.0; buy
* Gecina SA GFCP.PA : Deutsche Bank cuts target price to EUR 115 from EUR 137
* Gerresheimer AG GXIG.DE : Credit Suisse raises target price to EUR 94 from EUR 86
* Hannover Re HNRGN.F : HSBC cuts target price to EUR 173 from EUR 182.44
* Icade SA ICAD.PA : Deutsche Bank cuts target price to EUR 50 from EUR 74
* Informa INF.L : Barclays cuts target price to 650p from 665p
* ING Groep NV INGA.AS : Credit Suisse raises target price to EUR 13.5 from EUR 13
* JCDecaux JCDX.PA : Citigroup cuts price target to EUR 17.5 from EUR 25
* Klepierre LOIM.PA : Deutsche Bank cuts target price to EUR 23 from EUR 24
* Knorr Bremse AG KBX.DE : Berenberg cuts target price to EUR 78 from EUR 106
* Metrovacesa SA MVC.MC : Deutsche Bank raises target price to EUR 7.3 from EUR 7
* Michelin MICP.PA : JP Morgan cuts to underweight from neutral
* Michelin MICP.PA : JP Morgan cuts target price to EUR 110 from EUR 140
* Nokian Tyres Plc TYRES.HE : JP Morgan cuts target price to EUR 12.8 from EUR 15.5
* Norcros Plc NXR.L : Peel Hunt cuts target price to 380p from 390p
* Nordea Bank Abp NDAFI.HE : Barclays raises target price to EUR 11.4 from EUR 11.2
* Nordnet AB (Publ) SAVE.ST : Barclays starts with overweight rating; target price SEK 180
* Rathbones Group RAT.L : Liberum raises target price to 2320p from 1735p
* Rathbones Group RAT.L : Liberum raises to buy from hold
* Reneuron Group Plc RQE.L : Liberum initiates coverage with buy rating; target price 80p
* Scor SCOR.PA : HSBC cuts target price to EUR 27 from EUR 38
* Stora Enso Oyj STERV.HE : Inderes cuts target price to EUR 17.00 from EUR 18.00; reduce
* Subsea 7 SA SUBC.OL : Barclays cuts target price to NOK 130 from NOK 135
* Swedbank SWEDa.ST : Barclays cuts target price to SEK 182 from SEK 189
* Swiss Re SRENH.S : HSBC cuts target price to CHF 90 from CHF 115
* Tullow Oil Plc TLW.L : Jefferies cuts target price to 85p from 90p
* Urw URW.AS : Deutsche Bank cuts target price to EUR 64 from EUR 68
* Valbiotis ALVAL.PA : Midcap Partners Puts target price under review; rating buy
* Wentworth Resources Plc WEN.L : Panmure Gordon raises target price to 40p from 33p
* Wizz Air WIZZ.L : Berenberg cuts target price to 3300p from 3500p
* Wizz Air WIZZ.L : Berenberg raises to buy from hold; cuts PT to 3300p from 3500p
* Wizz Air WIZZ.L : JP Morgan cuts target price to 4,500p from 5,300p
* Wood Plc WG.L : Berenberg cuts target price to 270p from 300p
* YouGov Plc YOU.L : Liberum resumes coverage with buy rating; target price 1500p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))