Europe Research Roundup: Endesa, Lloyds, M&G

LXi REIT

26/06/2023 08:39

June 26 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Endesa, Lloyds and M&G, on Monday. 
    
    HIGHLIGHTS
                 * Endesa  ELE.MC : Morgan Stanley raises to equal weight from underweight 
 
                 * Lloyds  LLOY.L : JP Morgan cuts to underweight from neutral     
 
                 * M&G  MNG.L : HSBC cuts to hold from buy 
 
                 * NN Group NV  NN.AS : JP Morgan raises to overweight from neutral 
 
                 * Siemens Energy AG  ENR1n.DE : Jefferies 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. 
    
                 * Barclays  BARC.L : JP Morgan cuts target price to 180p from 210p 
 
                 * Endesa  ELE.MC : Morgan Stanley raises target price to EUR 23 from EUR 18 
 
                 * Endesa  ELE.MC : Morgan Stanley raises to equal weight from underweight 
 
                 * Epiroc AB  EPIRa.ST : JP Morgan raises target price to SEK 195 from SEK 174 
 
                 * Hapag Lloyd AG  HLAG.DE : JP Morgan cuts target price to EUR 88 from EUR 89 
 
                 * Kering  PRTP.PA : JP Morgan cuts target price to EUR 600 from EUR 610 
 
                 * Lloyds  LLOY.L : JP Morgan cuts target price to 42p from 56p 
 
                 * Lloyds  LLOY.L : JP Morgan cuts to underweight from neutral 
 
                 * LXi  LXIL.L : Jefferies cuts target price to 124p from 176p 
 
                 * M&G  MNG.L : HSBC cuts target price to 210p from 265p 
 
                 * M&G  MNG.L : HSBC cuts to hold from buy 
 
                 * Merck KGaA  MRCG.DE : JP Morgan cuts target price to EUR 220 from EUR 225 
 
                 * Natwest Group Plc  NWG.L : JP Morgan cuts target price to 260p from 320p 
 
                 * NN Group NV  NN.AS : JP Morgan raises target price to EUR 47 from EUR 45 
 
                 * NN Group NV  NN.AS : JP Morgan raises to overweight from neutral 
 
                 * Shell Plc  SHEL.L : Berenberg cuts target price to 2800p from 2850p 
 
                 * Siemens Energy AG  ENR1n.DE : Jefferies cuts target price to EUR 16.50 from EUR 25 
 
                 * Siemens Energy AG  ENR1n.DE : Jefferies cuts to hold from buy 
 
                 * Viaplay Group AB (Publ)  VPLAYb.ST : Jefferies cuts target price to SEK 50 from SEK 250 
 
                 * Viaplay Group AB (Publ)  VPLAYb.ST : Jefferies cuts to underperform from hold 
 
                 * Whitbread  WTB.L : HSBC raises target price to 4700p from 4200p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))