Europe Research Roundup: Bellway, Pandora, Truecaller
23/06/2023 08:04
June 23 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Bellway, Pandora and Truecaller, on Friday.
HIGHLIGHTS
* Bellway BWY.L : HSBC cuts to hold from buy
* Pandora PNDORA.CO : JP Morgan cuts target price to DKK 700 from DKK 715
* Redrow RDW.L : HSBC cuts to hold from buy
* Schweiter Technologies AG SWTQ.S : Credit Suisse cuts to neutral from outperform
* Truecaller AB TRUEb.ST : JP Morgan raises target price to SEK 112 from SEK 105
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Bossard Holding AG BOS.S : Berenberg cuts target price to CHF 280 from CHF 285
* ALD SA ALDA.PA : JP Morgan resumes coverage with neutral rating and EUR 12.3 target
* Amadeus AMA.MC : JP Morgan raises target price to EUR 80 from EUR 72
* Barratt Developments BDEV.L : HSBC cuts target price to 440p from 570p
* Barratt Developments BDEV.L : HSBC cuts to hold from buy
* Bellway BWY.L : HSBC cuts target price to 2,000p from 2,700p
* Bellway BWY.L : HSBC cuts to hold from buy
* Berkeley Group BKGH.L : HSBC cuts to reduce from hold; cuts target to 3,000p from 4,000p
* Crest Nicholson Holdings Plc CRST.L : HSBC cuts to hold from buy
* Crest Nicholson Holdings Plc CRST.L : HSBC cuts target price to 230p from 270p
* DS Smith SMDS.L : Credit Suisse cuts target price to 365p from 390p
* Firstgroup Plc FGP.L : JP Morgan raises target price to 148p from 131p
* Fluidra SA FLUI.MC : Credit Suisse cuts target price to EUR 27 from EUR 32
* Klingelnberg AG KLIN.S : Credit Suisse raises target price to CHF 30 from CHF 28
* Neoen SA NEOEN.PA : JP Morgan cuts target price to EUR 30 from EUR 41
* Pandora PNDORA.CO : JP Morgan cuts target price to DKK 700 from DKK 715
* Persimmon PSN.L : HSBC cuts target price to 1,190p from 1,550p
* Persimmon PSN.L : HSBC cuts to hold from buy
* Phoenix PHNX.L : Berenberg cuts target price to 770p from 820p
* Redrow RDW.L : HSBC cuts target price to 490p from 670p
* Redrow RDW.L : HSBC cuts to hold from buy
* Schweiter Technologies AG SWTQ.S : Credit Suisse cuts target to CHF 735 from CHF 950
* Schweiter Technologies AG SWTQ.S : Credit Suisse cuts to neutral from outperform
* Taylor Wimpey TW.L : HSBC cuts target price to 120p from 150p
* Taylor Wimpey TW.L : HSBC cuts to hold from buy
* Terveystalo Oyj TTALO.HE : Jefferies raises target price to EUR 9.2 from EUR 8.4
* Travis Perkins TPK.L : Jefferies cuts target price to 896p from 1,060p
* Truecaller AB TRUEb.ST : JP Morgan raises target price to SEK 112 from SEK 105
* U Blox Holding AG UBXN.S : Credit Suisse cuts target price to CHF 111 from CHF 136
* Vistry Group VTYV.L : HSBC cuts target price to 900p from 1,070p
* Whitbread WTB.L : Jefferies raises target price to 4,200p from 4,000p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))