Europe Research Roundup: Kion Group, Legrand, Signify
01/09/2022 08:24
Sept 1 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Kion Group, Legrand and Signify on Thursday.
HIGHLIGHTS
* Kion Group AG KGX.DE : JP Morgan raises to overweight from neutral
* Legrand LEGD.PA : JP Morgan raises to overweight from neutral
* Signify NV LIGHT.AS : JP Morgan raises to overweight from neutral
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* ABB Ltd ABBN.S : JP Morgan cuts target price to CHF 29 from CHF 33
* Alfa Laval ALFA.ST : JP Morgan cuts target price to SEK 270 from SEK 290
* Alstom ALSO.PA : JP Morgan cuts target price to EUR 30 from EUR 38
* Andritz AG ANDR.VI : JP Morgan cuts to neutral from overweight
* Andritz AG ANDR.VI : JP Morgan raises target price to EUR 60 from EUR 58
* Antares Vision SpA ANV.MI : JP Morgan cuts target price to EUR 11.2 from EUR 11.7
* Ashtead Group Plc AHT.L : JP Morgan cuts target price to 5500p from 6100p
* Assa Abloy AB ASSAb.ST : JP Morgan cuts target price to SEK 245 from SEK 295
* Atlas Copco AB ATCOa.ST : JP Morgan cuts target price to SEK 135 from SEK 159
* Auto Trader Group Plc AUTOA.L : HSBC raises target price to 795p from 775p
* Azerion Group NV AZRN.AS : Credit Suisse cuts target price to EUR 7.9 from EUR 8.7
* Bachem Holding AG BANB.S : Credit Suisse cuts target price to CHF 88 from CHF 99
* Bodycote Plc BOY.L : JP Morgan cuts target price to 575p from 665p
* Burberry Group BRBY.L : HSBC raises target price to 1950p from 1750p
* Coloplast COLOb.CO : Credit Suisse raises target price to DKK 1100 from DKK 1080
* Electrolux ELUXb.ST : JP Morgan cuts to underweight from neutral
* Electrolux ELUXb.ST : JP Morgan cuts target price to SEK 135 from SEK 160
* Epiroc AB EPIRa.ST : JP Morgan cuts target price to SEK 177 from SEK 205
* GEA Group AG G1AG.DE : JP Morgan cuts to underweight from neutral
* GEA Group AG G1AG.DE : JP Morgan cuts target price to EUR 31 from EUR 36
* Globaldata Plc DATA.L : HSBC cuts target price to 1620p from 1720p
* Halma HLMA.L : JP Morgan cuts target price to 2175p from 2435p
* Hermes HRMS.PA : HSBC cuts to hold from buy
* Hermes HRMS.PA : HSBC raises target price to EUR 1500 from EUR 1350
* IMI Plc IMI.L : JP Morgan cuts target price to 1650p from 2000p
* Italy'S Prysmian PRY.MI : JP Morgan cuts target price to EUR 39 from EUR 41
* Kering PRTP.PA : HSBC raises target price to EUR 670 from EUR 600
* Kion Group AG KGX.DE : JP Morgan raises to overweight from neutral
* Kion Group AG KGX.DE : JP Morgan cuts target price to EUR 58 from EUR 66
* Knorr Bremse AG KBX.DE : JP Morgan raises target price to EUR 73 from EUR 70
* Kone Oyj KNEBV.HE : JP Morgan cuts target price to EUR 55 from EUR 70
* Landis+Gyr Group AG LANDI.S : JP Morgan cuts target price to CHF 61 from CHF 65
* Legrand LEGD.PA : JP Morgan raises to overweight from neutral
* Legrand LEGD.PA : JP Morgan cuts target price to EUR 95 from EUR 103
* LVMH LVMH.PA : HSBC cuts to hold from buy
* LVMH LVMH.PA : HSBC raises target price to EUR 725 from EUR 720
* Marel HF MARL.AS : JP Morgan cuts target price to EUR 5.9 from EUR 6.5
* Metso Outotec Corp MOCORP.HE : JP Morgan cuts target price to EUR 10.5 from EUR 10.7
* Moncler MONC.MI : HSBC raises target price to EUR 62 from EUR 53
* Nexans NEXS.PA : JP Morgan raises target price to EUR 83 from EUR 80
* Paragon Banking PAGPA.L : Jefferies raises target price to 700p from 680p
* Rexel RXL.PA : JP Morgan cuts target price to EUR 23.3 from EUR 26.5
* Richemont BR CFR.S : HSBC cuts target price to CHF 127 from CHF 137
* Richemont BR CFR.S : HSBC cuts to hold from buy
* Rotork Plc ROR.L : JP Morgan cuts target price to 320p from 395p
* Sandvik AB SAND.ST : JP Morgan cuts target price to SEK 210 from SEK 260
* Schindler Holding AG SCHP.S : JP Morgan cuts target price to CHF 210 from CHF 250
* Sensirion Holding AG SENSI.S : Credit Suisse raises to neutral from underperform
* Sensirion Holding AG SENSI.S : Credit Suisse cuts target price to CHF 92 from CHF 100
* SGL Carbon SE SGCG.DE : Berenberg cuts target price to EUR 8.50 from EUR 9.50
* Siemens AG SIEGn.DE : JP Morgan cuts target price to EUR 156 from EUR 178
* Signify NV LIGHT.AS : JP Morgan raises to overweight from neutral
* Signify NV LIGHT.AS : JP Morgan cuts target price to EUR 43 from EUR 53
* SKF SKFb.ST : JP Morgan cuts target price to SEK 180 from SEK 210
* Smiths Group SMIN.L : JP Morgan cuts target price to 1730p from 1775p
* Snam SRG.MI : JP Morgan raises target price to EUR 5.20 from EUR 5.15
* Spectris Plc SXS.L : JP Morgan cuts target price to 3050p from 3485p
* Spirax-Sarco SPX.L : JP Morgan cuts target price to 12000p from 13200p
* Stadler Rail AG SRAIL.S : JP Morgan raises target price to CHF 42 from CHF 40.5
* Swatch UHR.S : HSBC cuts target price to CHF 270 from CHF 325
* Swatch UHR.S : HSBC cuts to hold from buy
* Vestas VWS.CO : JP Morgan raises target price to DKK 143 from DKK 137
* Wartsila Oyj Abp WRT1V.HE : JP Morgan cuts target price to EUR 9.2 from EUR 10
* Watches of Switzerland WOSG.L : HSBC cuts target price to 1100p from 1230p
* Weir Group WEIR.L : JP Morgan raises target price to 1920p from 1900p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))