Europe Research Roundup: Ferrari, Londonmetric, Sodexo
09/12/2022 06:41
Dec 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ferrari, Londonmetric and Sodexo, on Friday.
HIGHLIGHTS
* Air Liquide AIRP.PA : Jefferies cuts to underperform from buy
* Colonial COL.MC : JP Morgan cuts to neutral from overweight
* Ferrari RACE.MI : RBC raises target price to EUR 265 from EUR 261
* Londonmetric LMPL.L : JP Morgan cuts to neutral from overweight
* Sodexo EXHO.PA : RBC raises target price to EUR 101 from EUR 90
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* ABN Amro Bank NV ABNd.AS : Credit Suisse raises to outperform from neutral
* ABN Amro Bank NV ABNd.AS : Credit Suisse raises target price to EUR 17 from EUR 14.50
* Air Liquide AIRP.PA : Jefferies cuts to underperform from buy
* Air Liquide AIRP.PA : Jefferies cuts target price to EUR 124 from EUR 156
* AJ Bell AJBA.L : RBC raises target price to 360p from 350p
* Akzo Nobel NV AKZO.AS : Jefferies raises target price to EUR 79 from EUR 75
* Aroundtown SA AT1.DE : JP Morgan cuts target price to EUR 2.90 from EUR 3.10
* Ashtead Group Plc AHT.L : Jefferies raises target price to 6,000p from 5,500p
* Assura AGRP.L : JP Morgan cuts to neutral from overweight
* Assura AGRP.L : JP Morgan cuts target price to 62p from 71p
* Balfour Beatty BALF.L : Jefferies raises target price to 400p from 385p
* Big Yellow Group Plc BYG.L : JP Morgan cuts target price to 1350p from 1550p
* British Land BLND.L : JP Morgan cuts target price to 505p from 530p
* Clariant AG CLN.S : Jefferies cuts target price to CHF 16 from CHF 18
* Cofinimmo SA COFB.BR : JP Morgan cuts target price to EUR 100 from EUR 104
* Colonial COL.MC : JP Morgan cuts to neutral from overweight
* Covestro AG 1COV.DE : Jefferies raises target price to EUR 45 from EUR 40
* Covivio SA CVO.PA : JP Morgan cuts target price to EUR 60 from EUR 70
* DCC Plc DCC.L : HSBC cuts target price to 6565p from 7250p
* Derwent London Plc DLN.L : JP Morgan cuts target price to 2900p from 3050p
* Diageo DGE.L : Jefferies cuts target price to 4,300p from 4,500p
* Ferrari RACE.MI : RBC raises target price to EUR 265 from EUR 261
* Grainger GRI.L : JP Morgan cuts target price to 290p from 310p
* Grand City Properties SA GYC.DE : Berenberg cuts PT to EUR 13 from EUR 19
* Grand City Properties SA GYC.DE : JP Morgan cuts PT to EUR 11.75 from EUR 14
* Great Portland Estates Plc GPEG.L : JP Morgan cuts target price to 600p from 620p
* Gurit Holding AG GURN.S : Credit Suisse initiates coverage with neutral rating; PT CHF 98
* Hammerson HMSO.L : JP Morgan raises target price to 18p from 17p
* Hostelworld Group Plc HSW.L : Peel Hunt raises target price to 150p from 110p
* Icade SA ICAD.PA : JP Morgan cuts target price to EUR 50 from EUR 55
* IHG IHG.L : Peel Hunt raises to buy from hold; raises target price to 5750p from 4600p
* Julius Baer Gruppe AG BAER.S : Credit Suisse cuts to neutral from outperform
* Kerry Group Plc KYGa.I : Jefferies cuts target price to EUR 94 from EUR 105
* Klepierre LOIM.PA : JP Morgan raises target price to EUR 23 from EUR 19
* Kojamo Oyj KOJAMO.HE : JP Morgan cuts target price to EUR 13.5 from EUR 15
* Land Securities LAND.L : JP Morgan raises target price to 700p from 650p
* Londonmetric LMPL.L : JP Morgan cuts to neutral from overweight
* Merlin Properties MRL.MC : JP Morgan cuts target price to EUR 10.5 from EUR 11.4
* Mitchells & Butlers MAB.L : JP Morgan raises target price to 180p from 169p
* Naturgy NTGY.MC : JP Morgan raises target price to EUR 25 from EUR 21.80
* PSP Swiss Property AG PSPN.S : JP Morgan cuts PT to CHF 115 from CHF 120
* Restaurant Group Plc RTN.L : Peel Hunt cuts target price to 60p from 80p
* RWE AG RWEG.DE : JP Morgan cuts target price to EUR 59 from EUR 60
* Samhallsbyggnadsbolaget I Norden AB SBBb.ST : JP Morgan raises PT to SEK 19 from SEK 17
* Schweiter Technologies SWTQ.S : Credit Suisse initiates with outperform rating; PT CHF 947
* Sodexo EXHO.PA : RBC raises target price to EUR 101 from EUR 90
* Storebrand ASA STB.OL : Jefferies raises target price to NOK 94 from NOK 89
* Topdanmark TOP.CO : Jefferies initiates coverage with underperform rating; PT DKK 270
* Tryg TRYG.CO : Jefferies initiates coverage with hold rating; target price DKK 155
* UBS Group AG UBSG.S : Credit Suisse cuts to neutral from outperform
* Wdp WDPP.BR : JP Morgan cuts target price to EUR 30 from EUR 31
* Wdp WDPP.BR : JP Morgan cuts to neutral from overweight
* Workspace WKP.L : JP Morgan raises to overweight from neutral
* Worldline SA WLN.PA : JP Morgan cuts to neutral from overweight
* Worldline SA WLN.PA : JP Morgan cuts target price to EUR 55 from EUR 59
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))