Europe Research Roundup: Alfa Laval, Ferrari NV, Swedbank

Macfarlane

09/07/2024 07:55

July 9 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Alfa Laval, Ferrari NV and Swedbank, on Tuesday. 
    
    HIGHLIGHTS  
    
                 * Alfa Laval  ALFA.ST : JP Morgan raises target price to SEK 390 from SEK 385 
 
                 * Ferrari NV  RACE.MI : HSBC raises target price to EUR 385 from EUR 368 
 
                 * Harworth Group Plc  HWG.L : Peel Hunt raises target price to 195p from 165p 
 
                 * Moonpig Group  MOONM.L : HSBC raises target price to 240p from 215p 
 
                 * Swedbank  SWEDa.ST : HSBC raises target price to SEK 222 from SEK 220 
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
     
                 * Alfa Laval  ALFA.ST : JP Morgan raises target price to SEK 390 from SEK 385 
 
                 * Arcadis NV  ARDS.AS : Jefferies raises target price to EUR 70 from EUR 65 
 
                 * Baltic Classifieds Group  BCG.L : Berenberg initiates coverage with buy rating; PT 300p 
 
                 * BMW  BMWG.DE : HSBC cuts target price to EUR 109 from EUR 112 
 
                 * BMW  BMWG.DE : HSBC raises to buy from hold 
 
                 * Cab Payments Holdings  CABP.L : Peel Hunt reinstates coverage with hold rating; PT 130p 
 
                 * Delivery Hero  DHER.DE : HSBC cuts target price to EUR 38 from EUR 50 
 
                 * Delivery Hero SE  DHER.DE : JP Morgan cuts target price to EUR 38 from EUR 39 
 
                 * DR ING HC F Porsche AG  P911_p.DE : HSBC cuts target price to EUR 92 from EUR 95 
 
                 * Epiroc AB  EPIRa.ST : JP Morgan raises target price to SEK 185 from SEK 180 
 
                 * Euroapi SA  EAPI.PA : JP Morgan cuts target price to EUR 3 from EUR 3.5 
 
                 * Ferrari NV  RACE.MI : HSBC raises target price to EUR 385 from EUR 368 
 
                 * Firstgroup Plc  FGP.L : Berenberg raises target price to 205p from 195p 
 
                 * Handelsbanken  SHBa.ST : HSBC raises target price to SEK 120 from SEK 105 
 
                 * Handelsbanken  SHBa.ST : HSBC raises to buy from hold 
 
                 * Harworth Group Plc  HWG.L : Peel Hunt raises target price to 195p from 165p 
 
                 * Hugo Boss AG  BOSSn.DE : JP Morgan cuts target price to EUR 57 from EUR 68 
 
                 * Italy'S Prysmian  PRY.MI : Jefferies raises target price to EUR 73 from EUR 58 
 
                 * Italy'S Prysmian  PRY.MI : Jefferies raises to buy from hold 
 
                 * ITM Power Plc  ITM.L : JP Morgan cuts to neutral from overweight
 
                 * ITM Power Plc  ITM.L : JP Morgan cuts target price to 90p from 130p 
 
                 * Macfarlane Group Plc  MACF.L : Berenberg raises target price to 150p from 145p 
 
                 * Mercedes-Benz Group AG  MBGn.DE : HSBC cuts target price to EUR 82 from EUR 87 
 
                 * Moonpig Group  MOONM.L : HSBC raises target price to 240p from 215p 
 
                 * Nordea Bank Abp  NDAFI.HE : HSBC raises target price to EUR 11.1 from EUR 10.8 
 
                 * Porsche SE  PSHG_P.DE : HSBC cuts target price to EUR 35 from EUR 45 
 
                 * SEB AB  SEBa.ST : HSBC raises target price to SEK 180 from SEK 160 
 
                 * SEB AB  SEBa.ST : HSBC raises to buy from hold 
 
                 * Soitec SA  SOIT.PA : Berenberg raises target price to EUR 130 from EUR 110 
 
                 * Stellantis NV  STLAM.MI : HSBC cuts target price to EUR 21 from EUR 22 
 
                 * Swedbank  SWEDa.ST : HSBC raises target price to SEK 222 from SEK 220 
 
                 * Volkswagen AG  VOWG.DE : HSBC cuts target price to EUR 110 from EUR 133 
 
                 * Volvo Car AB  VOLCARB.ST : HSBC cuts target price to SEK 45 from SEK 48 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))