Europe Research Roundup: Boliden AB, Fortum Oyj, Schibsted ASA

Leonteq AG

25/07/2023 08:27

July 25 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Boliden AB, Fortum Oyj and Schibsted ASA, on Tuesday. 
    
    HIGHLIGHTS  
                 * Auto Trader  AUTOA.L : JP Morgan cuts to underweight from neutral
 
                 * Boliden AB  BOL.ST : Credit Suisse raises to neutral from underperform 
 
                 * Fortum Oyj  FORTUM.HE : Berenberg raises to buy from hold
 
                 * Moneysupermarket.com  MONY.L : Peel Hunt cuts to hold from add 
 
                 * Schibsted ASA  SCHA.OL : Goldman Sachs raises to buy from neutral
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
  
                 * 7C Solarparken AG  HRPKk.DE : Berenberg initiates coverage with buy rating 
 
                 * 7C Solarparken AG  HRPKk.DE : Berenberg initiates coverage with EUR 6 price target 
 
                 * Auto Trader  AUTOA.L : JP Morgan cuts to underweight from neutral
 
                 * Auto Trader  AUTOA.L : JP Morgan cuts target price to 555p from 630p 
 
                 * Bankinter SA  BKT.MC : Jefferies raises target price to EUR 6.7 from EUR 6.4 
 
                 * Basler AG  BSLG.DE : Jefferies cuts target price to EUR 18 from EUR 26 
 
                 * Boliden AB  BOL.ST : Credit Suisse cuts target price to SEK 290 from SEK 365 
 
                 * Boliden AB  BOL.ST : Credit Suisse raises to neutral from underperform 
 
                 * Euronext NV  ENX.PA : HSBC cuts target price to EUR 88 from EUR 92 
 
                 * Fortum Oyj  FORTUM.HE : Berenberg raises to buy from hold
 
                 * Fortum Oyj  FORTUM.HE : Berenberg raises target price to EUR 15.5 from EUR 12.6 
 
                 * Iberdrola  IBE.MC : Berenberg raises target price to EUR 12 from EUR 10 
 
                 * Inventiva SA  IVAA.PA : Jefferies cuts target price to EUR 9 from EUR 13 
 
                 * Julius Baer  BAER.S : Barclays cuts target price to CHF 73 from CHF 75 
 
                 * Julius Baer Gruppe AG  BAER.S : JP Morgan raises target price to CHF 69 from CHF 67 
 
                 * Koninklijke Philips N.V.  PHG.AS : Barclays raises target price to EUR 22 from EUR 21 
 
                 * Leonteq AG  LEON.S : Credit Suisse cuts target price to CHF 65 from CHF 70 
 
                 * Merck KGaA  MRCG.DE : Credit Suisse cuts target price to EUR 180 from EUR 200 
 
                 * Moneysupermarket.com  MONY.L : Barclays raises target price to 305p from 300p 
 
                 * Moneysupermarket.com  MONY.L : HSBC raises target price to 305p from 270p 
 
                 * Moneysupermarket.com  MONY.L : Peel Hunt cuts to hold from add 
 
                 * Moneysupermarket.com  MONY.L : Peel Hunt raises target price to 290p from 260p 
 
                 * Naturgy Energy  NTGY.MC : Barclays cuts target price to EUR 28 from EUR 29.6 
 
                 * Norsk Hydro ASA  NHY.OL : CFRA cuts target price to NOK 71 from NOK 76 
 
                 * Norsk Hydro ASA  NHY.OL : Credit Suisse cuts target price to NOK 76 from NOK 88 
 
                 * NOS  NOS.LS : Barclays raises target price to EUR 3.6 from EUR 3.5 
 
                 * Oryzon Genomics SA  ORY.MC : Jefferies cuts target price to EUR 3 from EUR 3.5 
 
                 * Petershill Partners Plc  PHLL.L : JP Morgan cuts target price to 223p from 226p 
 
                 * Poxel SA  POXEL.PA : Jefferies cuts to hold from buy
 
                 * Poxel SA  POXEL.PA : Jefferies cuts target price to EUR 0.7 from EUR 4 
 
                 * Ryanair  RYA.I : Barclays raises target price to EUR 24.25 from EUR 24
 
                 * Schibsted ASA  SCHA.OL : Goldman Sachs raises to buy from neutral
 
                 * Schibsted ASA  SCHA.OL : Goldman Sachs raises target price to NOK 259.5 from NOK 223.9 
 
                 * Sensorion SA  ALSEN.PA : Jefferies cuts target price to EUR 0.5 from EUR 0.6 
 
                 * Telecom Italia  TLIT.MI : Barclays raises target price to EUR 0.25 from EUR 0.22 
 
                 * Telecom Italia  TLITn.MI : Barclays raises target price to EUR 0.25 from EUR 0.22 
 
                 * Umg  UMG.AS : TD Cowen initiates coverage with outperform rating and EUR 26 target price 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))