Europe Research Roundup: Coca Cola, Pandora, Superdry

Klepierre SA

10/01/2023 07:38

Jan 10 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Coca Cola, Pandora and Superdry, on Tuesday. 
    HIGHLIGHTS  
     * Coca Cola HBC  CCH.L : Credit Suisse cuts target price to 2500p from 2600p
     * Pandora  PNDORA.CO : RBC cuts to underperform from sector perform
     * Superdry  SDRY.L : RBC cuts to sector perform from outperform
 Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
     * Admiral  ADML.L : Jefferies raises target price to 1725p from 1625p
     * Adyen N.V.  ADYEN.AS : Wells Fargo cuts target price to EUR 1710 from EUR 1991
     * BT  BT.L : Jefferies cuts target price to 190p from 250p
     * Coca Cola HBC  CCH.L : Credit Suisse cuts target price to 2500p from 2600p
     * Conduit Holdings Ltd  CRE.L : Peel Hunt raises to buy from add
     * Conduit Holdings Ltd  CRE.L : Peel Hunt raises target price to 530p from 390p
     * Direct Line Insurance  DLGD.L : Jefferies raises target price to 220p from 210p
     * Drax Group Plc  DRX.L : Liberum raises target price to 966.6p from 949.6p
     * Inchcape Plc  INCH.L : Jefferies resumes coverage with buy rating and 1290p target price
     * Informa  INF.L : Credit Suisse raises target price to 750p from 740p
     * Intermediate Capital Group Plc  ICP.L : Peel Hunt cuts target price to 2029p from 2625p
     * Italy's Prysmian  PRY.MI : JP Morgan cuts target price to EUR 38 from EUR 41
     * Klepierre  LOIM.PA : RBC raises target price to EUR 23 from EUR 22.5
     * Morgan Advanced Materials  MGAMM.L : Liberum reinitiates with buy rating; PT 400p
     * OC Oerlikon Corporation AG Pfaeffikon  OERL.S : Credit Suisse cuts PT to CHF 7.70 from CHF
 8.30
     * Pandora  PNDORA.CO : RBC cuts to underperform from sector perform
     * Relx  REL.L : Credit Suisse cuts target price to 2800p from 2828p
     * Sabre Insurance Group Plc  SBRE.L : Jefferies cuts target price to 115p from 120p
     * Strix Group Plc  KETL.L : Liberum reinitiates coverage with hold rating; target price 100p
     * Superdry  SDRY.L : RBC cuts to sector perform from outperform
     * Superdry  SDRY.L : RBC raises target price to 160p from 155p
     * Swatch Group AG  UHR.S : RBC raises to sector perform from underperform
     * Swatch Group AG  UHR.S : RBC raises target price to CHF 270 from CHF 230
     * Warehouse REIT Plc  WHRW.L : RBC raises to sector perform from underperform
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))