Europe Research Roundup: BMW, Ferrari, HSBC

Leonteq AG

17/09/2021 07:57

Sept 17 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BMW, Ferrari and HSBC, on Friday. 
    
    HIGHLIGHTS  
     * BMW  BMWG.DE : JP Morgan cuts target price to EUR 88 from EUR 95
     * Ferrari  RACE.MI : Exane BNP Paribas cuts to neutral from outperform
     * HSBC  HSBA.L : RBC raises to outperform from sector perform
     * Standard Chartered Plc  STAN.L : Barclays raises to equal weight from underweight
      
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock
entries are in alphabetical order.
     * 1&1 AG  1U1.DE : Barclays raises target price to EUR 32 from EUR 30
     * Ashtead Group Plc  AHT.L : Barclays raises target price to 6230p from 5280p
     * Ashtead Group Plc  AHT.L : Credit Suisse raises target price to 6550p from 6150p
     * Ashtead Group Plc  AHT.L : JP Morgan raises target price to 6,500p from 6,100p
     * B&M  BMEB.L : Berenberg raises target price to 650p from 625p
     * BMW  BMWG.DE : JP Morgan cuts target price to EUR 88 from EUR 95
     * Britvic Plc  BVIC.L : Jefferies cuts target price to 950p from 1050p
     * C&C Group Plc  GCC.L : Barclays raises target price to 240p from 230p
     * Continental AG  CONG.DE : JP Morgan cuts target price to EUR 140 from EUR 150
     * Credit Suisse Group AG  CSGN.S : JP Morgan cuts target price to CHF 11.3 from CHF 11.6
     * Daimler AG  DAIGn.DE : JP Morgan cuts target price to EUR 98 from EUR 100
     * Deutsche Bank AG  DBKGn.DE : JP Morgan raises target price to EUR 13.5 from EUR 13
     * Deutz AG  DEZG.DE : HSBC raises target price to EUR 8.9 from EUR 8.5
     * ENI  ENI.MI : JP Morgan raises target price to EUR 15 from EUR 12
     * ENI  ENI.MI : JP Morgan raises to overweight from underweight
     * Equinor ASA  EQNR.OL : JP Morgan cuts target price to NOK 190 from NOK 200
     * Equinor ASA  EQNR.OL : JP Morgan cuts to underweight from neutral
     * Ferrari  RACE.MI : Exane BNP Paribas cuts to neutral from outperform
     * Galliford TRY  GFRD.L : HSBC raises target price to 228p from 162p
     * Galp Energia SA  GALP.LS : JP Morgan cuts target price to EUR 10 from EUR 10.5
     * Galp Energia SA  GALP.LS : JP Morgan cuts to underweight from neutral
     * Gerresheimer AG  GXIG.DE : JP Morgan cuts target price to EUR 87.10 from EUR 87.80
     * HSBC  HSBA.L : Barclays raises target price to 530p from 480p
     * HSBC  HSBA.L : Barclays raises to overweight from underweight
     * HSBC  HSBA.L : RBC raises to outperform from sector perform
     * HSBC  HSBA.L : RBC raises target price to 460p from 450p
     * IHG  IHG.L : Berenberg raises target price to 5400p from 4500p
     * IHG  IHG.L : Berenberg raises to buy from hold
     * Italian Sea Group SpA  TISGR.MI : Berenberg raises target price to EUR 8 from EUR 7
     * Kingspan Group Plc  KSP.I : Credit Suisse initiates with outperform rating and EUR 115 PT
     * KPN  KPN.AS : Barclays raises target price to EUR 3 from EUR 2.85
     * Leonteq AG  LEON.S : Credit Suisse raises target price to CHF 63.30 from CHF 51
     * Nanobiotix SA  NANOB.PA : Jefferies raises target price to EUR 22 from EUR 21
     * Norma Group SE  NOEJ.DE : Berenberg cuts target price to EUR 54 from EUR 59
     * Ocado  OCDO.L : Barclays cuts target price to 1500p from 1575p
     * OMV AG  OMVV.VI : JP Morgan cuts to neutral from overweight
     * Phoenix  PHNX.L : Credit Suisse raises target price to 900p from 880p
     * Recordati  RECI.MI : Barclays initiates with equal weight rating price target of EUR 50
     * Redrow Plc  RDW.L : Berenberg raises target price to 900p from 820p
     * Renault  RENA.PA : JP Morgan cuts target price to EUR 62 from EUR 69
     * Repsol  REP.MC : JP Morgan raises target price to EUR 14 from EUR 13
     * Repsol  REP.MC : JP Morgan raises to overweight from neutral
     * Ryanair  RYA.I : Barclays raises target price to EUR 18.5 from EUR 18.2
     * Shell  RDSa.L : JP Morgan cuts target price to 2100p from 2200p
     * Standard Chartered Plc  STAN.L : Barclays raises target price to 550p from 490p
     * Standard Chartered Plc  STAN.L : Barclays raises to equal weight from underweight
     * Telefonica  TEF.MC : Berenberg cuts target price to EUR 4.70 from EUR 4.80
     * THG Plc  THG.L : Barclays cuts target price to 885p from 900p
     * Totalenergies SE  TTEF.PA : JP Morgan cuts target price to EUR 48 from EUR 55
     * Totalenergies SE  TTEF.PA : JP Morgan cuts to neutral from overweight
     * Trustpilot Group Plc  TRST.L : JP Morgan cuts to neutral from overweight
     * Trustpilot Group Plc  TRST.L : JP Morgan raises target price to 410p from 350p
     * Tullow Oil Plc  TLW.L : Berenberg raises target price to 55p from 50p
     * United Internet AG  UTDI.DE : Barclays raises target price to EUR 45 from EUR 42
     * Vitesco Technologies Group AG  VTSCn.DE : Deutsche Bank initiates with buy and EUR 72 PT
     * Volkswagen AG  VOWG_p.DE : JP Morgan cuts target price to EUR 235 from EUR 245
     * Wacker Chemie AG  WCHG.DE : JP Morgan raises target price to EUR 152 from EUR 132
     * Wickes Group Plc  WIX.L : Peel Hunt raises target price to 360p from 320p
   

 (Compiled by Bengaluru Newsroom)
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