Europe Research Roundup: Johnson Matthey, Rainbow Rare Earths, Severn Trent

Klingelnberg AG

24/11/2022 06:57

Nov 24 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Johnson Matthey, Rainbow Rare Earths and Severn Trent, on Thursday. 
    HIGHLIGHTS    
                 * Johnson Matthey  JMAT.L : Berenberg raises target price to 2350p from 2200p 
 
                 * Rainbow Rare Earths Ltd  RBWR.L : Berenberg starts with buy rating 
 
                 * Severn Trent  SVT.L : Credit Suisse raises target price to 2840p from 2680p 
 
 Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order. 
                 * Cargotec Corp  CGCBV.HE : Credit Suisse raises target price to EUR 37 from EUR 30 
 
                 * Corticeira Amorim SA  CORA.LS : Berenberg cuts target price to EUR 13.80 from EUR 14 
 
                 * Forterra Plc  FORT.L : Citigroup cuts price target to 297p from 342p 
 
                 * Hypoport SE  HYQGn.DE : Berenberg cuts target price to EUR 215 from EUR 225 
 
                 * Johnson Matthey  JMAT.L : Berenberg raises target price to 2350p from 2200p 
 
                 * Klingelnberg AG  KLIN.S : Credit Suisse raises target price to CHF 25 from CHF 23 
 
                 * Knorr Bremse AG  KBX.DE : Jefferies raises target price to EUR 53 from EUR 48 
 
                 * Konecranes Abp  KCRA.HE : Credit Suisse raises target price to EUR 34 from EUR 30 
 
                 * Prosus NV  PRX.AS : JP Morgan raises target price to EUR 88 from EUR 87.40 
 
                 * Rainbow Rare Earths Ltd  RBWR.L : Berenberg starts with buy rating 
 
                 * Rainbow Rare Earths Ltd  RBWR.L : Berenberg starts with target price 33p 
 
                 * Saipem SpA  SPMI.MI : Jefferies raises target price to EUR 1.40 from EUR 1 
 
                 * Severn Trent  SVT.L : Credit Suisse raises target price to 2840p from 2680p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))