Europe Research Roundup: A.P. Moller-Maersk, Home24 SE, Reckitt

Klingelnberg AG

07/10/2022 08:12

Oct 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including A.P. Moller-Maersk, Home24 SE and Reckitt, on Friday. 
    HIGHLIGHTS
                 * A.P. Moller-Maersk  MAERSKb.CO : Berenberg raises to buy from hold 
 
                 * Home24 SE  H24.DE : Jefferies cuts to hold from buy
 
                 * Reckitt  RKT.L : RBC raises target price to 7,600p from 7,200p 
 
 Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
                 * A.P. Moller-Maersk  MAERSKb.CO : Berenberg raises to buy from hold 
 
                 * B&M  BMEB.L : JP Morgan cuts target price to 412p from 577p 
 
                 * BAE Systems  BAES.L : JP Morgan raises target price to 1000p from 965p 
 
                 * Bureau Veritas  BVI.PA : JP Morgan cuts target price to EUR 23 from EUR 24 
 
                 * CMC Markets Plc  CMCX.L : Jefferies cuts target price to 275p from 340p 
 
                 * Hilton Food Group Plc  HFG.L : HSBC cuts target price to 1210p from 1230p 
 
                 * Home24 SE  H24.DE : Jefferies cuts to hold from buy
 
                 * Home24 SE  H24.DE : Jefferies raises target price to EUR 7.5 from EUR 4.5 
 
                 * Jungheinrich AG  JUNG_p.DE : Berenberg cuts target price to EUR 36 from EUR 38 
 
                 * Kering  PRTP.PA : RBC cuts target price to EUR 650 from EUR 685 
 
                 * Kion Group AG  KGX.DE : Berenberg cuts target price to EUR 35 from EUR 68 
 
                 * Klingelnberg AG  KLIN.S : Credit Suisse cuts target price to CHF 23 from CHF 28 
 
                 * LPKF Laser & Electronics  LPKG.DE : HSBC cuts target price to EUR 17 from EUR 18 
 
                 * Mondi  MNDI.L : Credit Suisse cuts target price to 1800p from 1940p 
 
                 * Poxel SA  POXEL.PA : Jefferies raises target price to EUR 4 from EUR 3.5 
 
                 * Rathbones Group  RAT.L : Jefferies cuts target price to 1720p from 1800p 
 
                 * Reckitt  RKT.L : RBC raises target price to 7,600p from 7,200p 
 
                 * Rightmove Plc  RMV.L : HSBC cuts target price to 440p from 520p 
 
                 * Sainsbury  SBRY.L : JP Morgan cuts target price to 155p from 190p 
 
                 * SGS SA  SGSN.S : JP Morgan cuts target price to CHF 2300 from CHF 2350 
 
                 * Sika AG  SIKA.S : Credit Suisse cuts target price to CHF 367 from CHF 384 
 
                 * Temenos AG  TEMN.S : HSBC cuts target price to CHF 90 from CHF 125 
 
                 * Tesco  TSCO.L : JP Morgan cuts target price to 240p from 320p 
 
                 * Ubisoft  UBIP.PA : JP Morgan cuts target price to EUR 53 from EUR 54 
 
                 * WPP  WPP.L : JP Morgan cuts target price to 1210p from 1290p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))