Europe Research Roundup: Sodexo, Soitec, Temenos

Kloeckner & Co SE

17/10/2022 07:51

Oct 17 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Sodexo, Soitec and Temenos, on Monday. 
    HIGHLIGHTS  
     * Eurofins Scientific SE  EUFI.PA : Jefferies cuts target price to EUR 70 from EUR 82
     * Sodexo  EXHO.PA : JP Morgan raises target price to EUR 93 from EUR 74
     * Soitec SA  SOIT.PA : Credit Suisse cuts target price to EUR 263 from EUR 267
     * Temenos AG  TEMN.S : HSBC cuts to hold from buy
 Following is a summary of research actions on European companies reported by Reuters on Monday. Stock
entries are in alphabetical order.
     * Acerinox SA  ACX.MC : Jefferies cuts target price to EUR 11 from EUR 12
     * Adecco Group AG  ADEN.S : JP Morgan cuts target price to CHF 28 from CHF 30
     * Aperam SA  APAM.AS : Jefferies cuts target price to EUR 26 from EUR 30
     * Applus  APPS.MC : Jefferies cuts target price to EUR 8 from EUR 8.5
     * ArcelorMittal SA  MT.AS : Jefferies cuts target price to EUR 33 from EUR 38
     * ASMI  ASMI.AS : Credit Suisse cuts target price to EUR 414 from EUR 490
     * ASML Holding NV  ASML.AS : Credit Suisse cuts target price to EUR 732 from EUR 920
     * Bureau Veritas  BVI.PA : Jefferies cuts target price to EUR 28 from EUR 31
     * Cellnex Telecom SA  CLNX.MC : JP Morgan cuts target price to EUR 54 from EUR 58
     * Chr. Hansen  CHRH.CO : JP Morgan cuts target price to DKK 415 from DKK 455
     * Clarkson Plc  CKN.L : HSBC cuts target price to 3400p from 3900p
     * Cranswick  CWK.L : HSBC cuts target price to 3870p from 4565p
     * DR ING HC F Porsche AG  P911_p.DE : RBC initiates with sector perform rating; PT EUR 88
     * Eurofins Scientific SE  EUFI.PA : Jefferies cuts target price to EUR 70 from EUR 82
     * Euronext NV  ENX.PA : HSBC cuts target price to EUR 102 from EUR 104
     * Evonik Industries AG  EVKn.DE : Credit Suisse cuts target price to EUR 16.50 from EUR 19
     * Fielmann AG  FIEG.DE : Baader Helvea cuts to add from buy
     * Fielmann AG  FIEG.DE : Baader Helvea cuts target price to EUR 33 from EUR 56
     * Hiscox  HSX.L : RBC cuts target price to 925p from 950p
     * Infineon Technologies AG  IFXGn.DE : Credit Suisse cuts PT to EUR 42.50 from EUR 45.30
     * International Distributions Services Plc  IDSI.L : JP Morgan cuts PT to 190p from 270p
     * Intertek  ITRK.L : Jefferies cuts target price to 4200p from 4700p
     * Kape Technologies  KAPE.L : Cowen and Company initiates with outperform rating; PT 350p
     * Kloeckner & Co SE  KCOGn.DE : Jefferies cuts target price to EUR 12.4 from EUR 14.9
     * Lanxess AG  LXSG.DE : Credit Suisse cuts target price to EUR 42 from EUR 46
     * Orsted A/S  ORSTED.CO : Credit Suisse cuts target price to DKK 500 from DKK 610
     * Orsted A/S  ORSTED.CO : Jefferies cuts target price to DKK 600 from DKK 750
     * Outokumpu Oyj  OUT1V.HE : Jefferies cuts target price to EUR 4 from EUR 4.4
     * Premier Miton Group Plc  PMIP.L : Peel Hunt cuts target price to 115p from 136p
     * SGS SA  SGSN.S : Jefferies cuts target price to CHF 2200 from CHF 2400
     * Sodexo  EXHO.PA : JP Morgan raises target price to EUR 93 from EUR 74
     * Soitec SA  SOIT.PA : Credit Suisse cuts target price to EUR 263 from EUR 267
     * SSAB AB  SSABa.ST : Jefferies cuts target price to SEK 72 from SEK 75
     * St James's Place  SJP.L : HSBC cuts target price to 1200p from 1600p
     * Superdry  SDRY.L : Jefferies cuts target price to 125p from 250p
     * Temenos AG  TEMN.S : HSBC cuts target price to CHF 60 from CHF 90
     * Temenos AG  TEMN.S : HSBC cuts to hold from buy
     * Tryg  TRYG.CO : HSBC raises to buy from hold
     * United Utilities  UU.L : Credit Suisse cuts target price to 980p from 1170p
     * Vallourec  VLLP.PA : Jefferies raises target price to EUR 19 from EUR 17
     * Vantage Towers AG  VTWRn.DE : Jefferies cuts target price to EUR 32 from EUR 36
     * Voestalpine AG  VOES.VI : Jefferies cuts target price to EUR 20 from EUR 22
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))