Europe Research Roundup: Dechra Pharmaceuticals, H&M, UBS Group

Leonteq AG

04/05/2020 08:39

May 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Dechra Pharmaceuticals, H&M and UBS Group, on Monday. 
    
    HIGHLIGHTS
     * Dechra Pharmaceuticals Plc  DPH.L : Jefferies raises to buy from hold
     * Geberit AG  GEBN.S : Credit Suisse raises to neutral from underperform
     * H&M  HMb.ST : RBC cuts to sector perform from outperform
     * Telefonica  TEF.MC : Jefferies cuts to hold from buy
     * UBS Group AG  UBSG.S : Berenberg cuts to hold from buy
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * A.G.Barr Plc  BAG.L : Liberum raises target price to 625p from 580p
     * Aker BP ASA  AKERBP.OL : JP Morgan cuts target price to NOK 186 from NOK 303
     * Atlantia  ATL.MI : JP Morgan raises target price to EUR 17 from EUR 16
     * Auto Trader  AUTOA.L : JP Morgan cuts target price to 348p from 368p
     * Barclays  BARC.L : JP Morgan cuts target price to 160p from 180p
     * BBVA  BBVA.MC : Credit Suisse cuts target price to EUR 2.8 from EUR 2.9
     * BBVA  BBVA.MC : RBC cuts target price to EUR 3.50 from EUR 3.90
     * Daimler AG  DAIGn.DE : RBC raises target price to EUR 42 from EUR 39
     * Danone  DANO.PA : JP Morgan raises target price to EUR 73 from EUR 65
     * Dechra Pharmaceuticals Plc  DPH.L : Jefferies raises to buy from hold
     * Dechra Pharmaceuticals Plc  DPH.L : Jefferies raises target price to 3,185p fromm 2,930p
     * Deutsche Boerse AG  DB1Gn.DE : Jefferies raises target price to EUR 167 from EUR 155
     * Frontier Developments  FDEV.L : Credit Suisse raises target price to 2080p from 1764p
     * Geberit AG  GEBN.S : Credit Suisse raises to neutral from underperform
     * Geberit AG  GEBN.S : Credit Suisse cuts target price to CHF 450 from CHF 470
     * Geberit AG  GEBN.S : Jefferies raises target price to CHF 344.80 from CHF 339.30
     * H&M  HMb.ST : RBC cuts to sector perform from outperform
     * H&M  HMb.ST : RBC cuts price target to SEK 145 from SEK 150
     * Iberdrola  IBE.MC : Credit Suisse cuts target price to EUR 9.7 from EUR 10.8
     * Kiadis pharma NV  KDS.AS : Jefferies raises target price to EUR 2 from EUR 1.50
     * Leonardo SpA  LDOF.MI : JP Morgan cuts target price to EUR 8 from EUR 12.90
     * Leonteq AG  LEON.S : Credit Suisse cuts target price to CHF 43 from CHF 51
     * Lloyds  LLOY.L : JP Morgan cuts target price to 45p from 50p
     * Naturgy  NTGY.MC : Credit Suisse cuts target price to EUR 16.4 from EUR 21.5
     * Rexel  RXL.PA : Credit Suisse cuts target price to EUR 10 from EUR 11.30
     * Royal Bank of Scotland  RBS.L : JP Morgan cuts target price to 180p from 200p
     * Saipem SpA  SPMI.MI : JP Morgan cuts target price to EUR 3.80 from EUR 5.60
     * Santander  SAN.MC : RBC cuts target price to EUR 2.60 from EUR 2.80
     * Severn Trent  SVT.L : Credit Suisse raises target price to 2,250p from 2,160p
     * Straumann Holding AG  STMN.S : Credit Suisse cuts target price to CHF 870 from CHF 1030
     * Telefonica  TEF.MC : Jefferies cuts to hold from buy
     * Telefonica  TEF.MC : Jefferies cuts target price to EUR 4.40 from EUR 6
     * Teleperformance SE  TEPRF.PA : Credit Suisse raises target price to EUR 235 from EUR 200
     * Tenaris  TENR.MI : Jefferies cuts to hold; cuts target price to EUR 6.40 from EUR 7.25
     * UBS Group AG  UBSG.S : Berenberg cuts to hold from buy
     * UBS Group AG  UBSG.S : Berenberg raises target price to CHF 11 from CHF 10.50
     * Virbac SA  VIRB.PA : Jefferies cuts to hold from buy
     * Virbac SA  VIRB.PA : Jefferies cuts target price to EUR 186 from EUR 256
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))