Europe Research Roundup: Antofagasta, Ashtead Group, Close Brothers Group

Metro AG

01/12/2023 06:56

Dec 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including
Antofagasta, Ashtead Group, and Close Brothers Group, on Friday. 
    
        HIGHLIGHTS  
    
                 * Antofagasta  ANTO.L : Jefferies cuts to hold from buy
 
                 * Ashtead Group  AHT.L : HSBC cuts target price to 5430p from 6860p 
 
                 * Close Brothers Group PLC  CBRO.L : Peel Hunt cuts PT to 785p from 832p 
 
     * LVMH  LVMH.PA : Morgan Stanley cuts to equal-weight from overweight 
                 * Spirax-Sarco  SPX.L : RBC cuts target price to 8,000p from 9,000p 
 
      
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in
alphabetical order.
    
                 * Air Liquide SA  AIRP.PA : HSBC raises PT to EUR 170 from EUR 153 
 
                 * Antofagasta  ANTO.L : Jefferies cuts to hold from buy
 
                 * Antofagasta  ANTO.L : Jefferies cuts target price to 1550p from 1900p 
 
                 * Ashtead Group  AHT.L : HSBC cuts target price to 5430p from 6860p 
 
                 * Ashtead Technology Holdings PLC  ATAS.L : RBC raises PT to 695p from 520p 
 
                 * B&M  BMEB.L : JP Morgan cuts target price to 543p from 550p 
 
                 * Carrefour  CARR.PA : JP Morgan raises target price to EUR 20 from EUR 19 
 
                 * Close Brothers Group PLC  CBRO.L : Peel Hunt cuts PT to 785p from 832p 
 
                 * Colruyt NV  COLR.BR : JP Morgan raises PT to EUR 48.90 from EUR 47.20 
 
                 * Jeronimo Martins SA  JMT.LS : JP Morgan raises PT to EUR 22.20 from EUR 20.90 
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : JP Morgan ups PT to EUR 26.46 from EUR 26.09 
 
                 * LVMH  LVMH.PA : Morgan Stanley cuts target price to EUR 790 from EUR 860 
 
                 * LVMH  LVMH.PA : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Metro AG  B4B.DE : JP Morgan cuts target price to EUR 4.95 from EUR 5.02 
 
                 * Sainsbury  SBRY.L : JP Morgan cuts target price to 245p from 250p 
 
                 * Siltronic AG  WAFGn.DE : Jefferies raises PT to EUR 105 from EUR 100 
 
                 * Sodexo  EXHO.PA : RBC cuts target price to EUR 104 from EUR 106 
 
                 * Spirax-Sarco  SPX.L : RBC cuts target price to 8,000p from 9,000p 
 
                 * Tesco  TSCO.L : JP Morgan cuts target price to 230p from 240p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))