Europe Research Roundup: GEA Group AG, Inditex, SKF

Landis+Gyr AG

07/12/2020 07:14

Dec 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including GEA Group AG, Inditex and SKF, on Monday. 
    
    HIGHLIGHTS
     * GEA Group AG  G1AG.DE : Deutsche Bank raises to hold from sell 
     * Grand City Properties SA  GYC.DE : HSBC cuts to hold from buy 
     * Inditex  ITX.MC : Credit Suisse cuts to underperform from neutral 
     * Repsol  REP.MC : Redburn cuts to neutral from buy
     * SKF  SKFb.ST : JP Morgan cuts to underweight from neutral
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Aareal Bank AG  ARLG.DE : HSBC raises target price to EUR 25 from EUR 21 
     * Adler Group SA  ADJ.DE : HSBC raises target price to EUR 31 from EUR 29.7 
     * Bollore  BOLL.PA : HSBC raises target price to EUR 4.5 from EUR 3.8 
     * Deutsche Pfandbriefbank AG  PBBG.DE : HSBC raises target price to EUR 11 from EUR 10 
     * Deutsche Wohnen SE  DWNG.DE : HSBC raises target price to EUR 38 from EUR 30 
     * Dufry AG  DUFN.S : Credit Suisse raises target price to CHF 42 from CHF 35 
     * GEA Group AG  G1AG.DE : Deutsche Bank raises to hold from sell 
     * Glencore  GLEN.L : Jefferies raises target price to 290p from 275p 
     * GoAhead  GOG.L : HSBC raises target price to 1110p from 775p 
     * Grand City Properties SA  GYC.DE : HSBC cuts to hold from buy 
     * Grand City Properties SA  GYC.DE : HSBC raises target price to EUR 22.5 from EUR 22 
     * Inchcape Plc  INCH.L : Peel Hunt raises target price to 750p from 600p 
     * Inditex  ITX.MC : Credit Suisse cuts price target to EUR 23 from EUR 24.5 
     * Inditex  ITX.MC : Credit Suisse cuts to underperform from neutral 
     * Landis+Gyr Group AG  LANDI.S : JP Morgan cuts to underweight from neutral
     * Landis+Gyr Group AG  LANDI.S : JP Morgan raises target price to CHF 56 from CHF 50 
     * Leg Immobilien AG  LEGn.DE : HSBC raises target price to EUR 130 from EUR 124.5 
     * Lundin Energy AB  LUNE.ST : Jefferies reinstates with buy, SEK 292 target price 
     * Munich Re  MUVGn.DE : RBC raises price target to EUR 265 from EUR 260 
     * Musti Group Oyj  MUSTI.HE : Jefferies raises target price to EUR 21.50 from EUR 12 
     * Pandora  PNDORA.CO : HSBC raises target price to DKK 695 from DKK 560 
     * Paragon Banking  PAGPA.L : RBC cuts price target to 430p from 470p 
     * Repsol  REP.MC : Redburn cuts to neutral from buy
     * Repsol  REP.MC : Redburn cuts target price to EUR 8.80 from EUR 8.90 
     * Rotork Plc  ROR.L : JP Morgan cuts to neutral from overweight 
     * SKF  SKFb.ST : JP Morgan cuts to underweight from neutral
     * SKF  SKFb.ST : JP Morgan raises target price to SEK 195 from SEK 190 
     * SSE  SSE.L : Credit Suisse raises target price to 1,425p from 1,300p 
     * Superdry  SDRY.L : RBC cuts to sector perform from outperform 
     * Superdry  SDRY.L : RBC raises target price to 300p from 200p 
     * TAG Immobilien AG  TEGG.DE : HSBC raises target price to EUR 27.5 from EUR 27 
     * Vonovia SE  VNAn.DE : HSBC raises target price to EUR 67.5 from EUR 66 
     * Weir Group  WEIR.L : RBC raises target price to 2000p from 1800p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))