Europe Research Roundup: Azelis, Compass Group, Severn Trent

Landis+Gyr AG

04/10/2023 08:27

Oct 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Azelis, Compass Group and Severn Trent, on Wednesday. 
    
    HIGHLIGHTS
                 * Azelis  AZE.BR : HSBC cuts to hold from buy 
 
                 * Compass Group  CPG.L : RBC raises to sector perform from underperform 
 
                 * Severn Trent  SVT.L : JP Morgan raises to neutral from underweight 
 
 
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * ABB Ltd  ABBN.S : RBC raises target price to CHF 38 from CHF 36.50 
 
                 * Azelis  AZE.BR : HSBC cuts target price to EUR 20.4 from EUR 33 
 
                 * Azelis  AZE.BR : HSBC cuts to hold from buy 
 
                 * Brenntag SE  BNRGn.DE : HSBC cuts target price to EUR 82 from EUR 93.19 
 
                 * Brenntag SE  BNRGn.DE : HSBC cuts to hold from buy 
 
                 * Compass Group  CPG.L : RBC raises price target to 1,925p from 1,675p 
 
                 * Compass Group  CPG.L : RBC raises to sector perform from underperform 
 
                 * IAG  ICAG.MC : JP Morgan raises target price to EUR 2.9 from EUR 2.5 
 
                 * Imcd  IMCD.AS : HSBC cuts target price to EUR 145 from EUR 185 
 
                 * Infineon Technologies AG  IFXGn.DE : CFRA raises target price to EUR 41 from EUR 38 
 
                 * Infineon Technologies AG  IFXGn.DE : CFRA raises to buy from hold 
 
                 * Intesa Sanpaolo SpA  ISP.MI : JP Morgan raises target price to EUR 3.3 from EUR 3.2 
 
                 * Kering  PRTP.PA : Bernstein cuts target price to EUR 492 from EUR 582 
 
                 * Kering  PRTP.PA : Bernstein cuts to market-perform from outperform 
 
                 * Landis+Gyr Group AG  LANDI.S : JP Morgan raises target price to CHF 63 from CHF 60 
 
                 * Phoenix  PHNX.L : JP Morgan cuts target price to 430p from 500p 
 
                 * Sage Group Plc  SGE.L : HSBC raises target price to 1260p from 1035p 
 
                 * Severn Trent  SVT.L : JP Morgan cuts target price to 2,400p from 2,425p 
 
                 * Severn Trent  SVT.L : JP Morgan raises to neutral from underweight 
 
                 * Smith+Nephew Plc  SN.L : Bernstein cuts target price to 1,350p from 1,460p 
 
                 * Stora Enso Oyj  STERV.HE : JP Morgan raises target price to EUR 13.6 from EUR 12.1 
 
                 * TotalEnergies SE  TTEF.PA : HSBC raises target price to EUR 73 from EUR 69.3 
 
                 * UPM-Kymmene Oyj  UPM.HE : JP Morgan raises target price to EUR 38 from EUR 32.6 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))