Europe Research Roundup: Air France-KLM, EasyJet, Lufthansa

Metro AG

03/10/2022 08:06

Oct 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Air France-KLM, EasyJet, and Lufthansa, on Monday. 
    HIGHLIGHTS
                 * Air France-KLM  AIRF.PA : HSBC cuts to hold from buy 
 
                 * Banque Saudi Fransi  1050.SE : HSBC cuts to hold from buy     
 
                 * Deliveroo Plc  ROO.L : JP Morgan raises to neutral from underweight    
 
                 * EasyJet  EZJ.L : HSBC cuts to hold from buy 
 
                 * Lufthansa  LHAG.DE : HSBC cuts to reduce from hold       
 
 Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
                 * Aegean Airlines  AGNR.AT : HSBC cuts target price to EUR 6.1 from EUR 6.65 
 
                 * Air France-KLM  AIRF.PA : HSBC cuts target price to EUR 1.35 from EUR 1.6 
 
                 * Air France-KLM  AIRF.PA : HSBC cuts to hold from buy 
 
                 * Banque Saudi Fransi  1050.SE : HSBC cuts target price to sar 45 from sar 55 
 
                 * Banque Saudi Fransi  1050.SE : HSBC cuts to hold from buy 
 
                 * Bat  BATS.L : Jefferies raises target price to 4,800p from 4,500p 
 
                 * Billerudkorsnas AB (Publ)  BILL.ST : Jefferies cuts target price to SEK 150 from SEK 158 
 
                 * Bucher Industries AG  BUCN.S : Berenberg raises target price to CHF 555 from CHF 550 
 
                 * Danone  DANO.PA : HSBC cuts target price to EUR 53 from EUR 58 
 
                 * Deliveroo Plc  ROO.L : JP Morgan raises to neutral from underweight
 
                 * Deliveroo Plc  ROO.L : JP Morgan cuts target price to 81p from 88p 
 
                 * Delivery Hero SE  DHER.DE : JP Morgan cuts target price to EUR 61 from EUR 71 
 
                 * EasyJet  EZJ.L : HSBC cuts target price to 300p from 600p 
 
                 * EasyJet  EZJ.L : HSBC cuts to hold from buy 
 
                 * Electrolux  ELUXb.ST : JP Morgan cuts target price to SEK 115 from SEK 120 
 
                 * Ferguson  FERG.L : Jefferies raises target price to 9,972p from 9,245p 
 
                 * Finnair  FIA1S.HE : HSBC cuts target price to EUR 0.25 from EUR 0.28 
 
                 * IAG  ICAG.L : HSBC raises target price to 130p from 125p 
 
                 * IAG  ICAG.L : HSBC raises to buy from hold 
 
                 * Imperial Brands  IMB.L : Jefferies cuts target price to 2,008p from 2,052p 
 
                 * Just Eat Takeaway.Com  JETJ.L : JP Morgan cuts to underweight from neutral
 
                 * Just Eat Takeaway.Com  JETJ.L : JP Morgan cuts target price to 1,312p from 1,568p 
 
                 * Knorr Bremse AG  KBX.DE : JP Morgan raises target price to EUR 75 from EUR 73 
 
                 * Lufthansa  LHAG.DE : HSBC cuts target price to EUR 4.75 from EUR 6.75 
 
                 * Lufthansa  LHAG.DE : HSBC cuts to reduce from hold 
 
                 * Metro AG  B4B.DE : Baader Helvea cuts to reduce from add
 
                 * Metro AG  B4B.DE : Baader Helvea cuts target price to EUR 6 from EUR 9 
 
                 * Michelin  MICP.PA : JP Morgan cuts target price to EUR 20 from EUR 23.50 
 
                 * Pearson  PSON.L : Credit Suisse raises target price to 998p from 975p 
 
                 * Pennon Group Plc  PNN.L : Jefferies cuts target price to 650p from 840p 
 
                 * Pensionbee Group Plc  PBEE.L : Jefferies cuts target price to 140p from 180p 
 
                 * Relx  REL.L : Credit Suisse raises target price to 2828p from 2805p 
 
                 * Riyad Bank  1010.SE : HSBC raises to buy from hold 
 
                 * Rs Group Plc  RS1R.L : Jefferies cuts target price to 1230p from 1300p 
 
                 * Ryanair  RYA.I : HSBC cuts target price to EUR 14.75 from EUR 17.5 
 
                 * Severn Trent  SVT.L : Jefferies cuts target price to 2,000p from 2,480p 
 
                 * St. James's Place  SJP.L : Jefferies cuts target price to 1,340p from 1,460p 
 
                 * Team17 Group  TM17.L : HSBC cuts target price to 640p from 860p 
 
                 * Tesco  TSCO.L : HSBC cuts target price to 290p from 315p 
 
                 * Totalenergies SE  TTEF.PA : Berenberg raises target price to EUR 65 from EUR 63 
 
                 * United Utilities  UU.L : Jefferies cuts target price to 900p from 950p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))