Europe Research Roundup: Dowlais Group, Helvetia Holding AG, Johnson Matthey

Metro AG

12/10/2023 08:14

Oct 12 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Dowlais Group, Helvetia Holding AG, and Johnson Matthey,
on Thursday.
    
  HIGHLIGHTS
   
                 * Dowlais Group Plc  DWL.L : JP Morgan cuts target price to 104p from 160p 
 
                 * Helvetia Holding AG  HELN.S : Berenberg cuts to sell from hold 
 
                 * Johnson Matthey  JMAT.L : Berenberg cuts to hold from buy
 
 
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
                 * Anglo American  AAL.L : JP Morgan cuts target price to 2800p from 2900p 
 
                 * Antofagasta  ANTO.L : JP Morgan cuts target price to 1060p from 1080p 
 
                 * Boliden AB  BOL.ST : JP Morgan raises target price to SEK 285 from SEK 280 
 
                 * Bpost SA  BPOST.BR : Jefferies raises target price to EUR 5 from EUR 4.5 
 
                 * Cd Projekt SA  CDR.WA : HSBC cuts target price to PLN 92 from PLN 98 
 
                 * Dowlais Group Plc  DWL.L : JP Morgan cuts target price to 104p from 160p 
 
                 * Dowlais Group Plc  DWL.L : JP Morgan cuts to neutral from overweight 
 
                 * EJF Investments Ltd  EJFI.L : Liberum cuts target price to 137p from 160p 
 
                 * Helvetia Holding AG  HELN.S : Berenberg cuts target price to CHF 105 from CHF 118 
 
                 * Helvetia Holding AG  HELN.S : Berenberg cuts to sell from hold 
 
                 * Hochschild  HOCM.L : JP Morgan cuts target price to 135p from 155p 
 
                 * Hydro  NHY.OL : JP Morgan cuts target price to NOK 58 from NOK 59 
 
                 * Jet2 Plc  JET2.L : HSBC raises target price to 1550p from 1480p 
 
                 * Johnson Matthey  JMAT.L : Berenberg cuts to hold from buy
 
                 * Johnson Matthey  JMAT.L : Berenberg cuts target price to 1,650p from 2,200p 
 
                 * Melia Hotels International SA  MEL.MC : Jefferies cuts target to EUR 6.3 from EUR 6.6 
 
                 * Metro AG  B4B.DE : HSBC cuts target price to EUR 7.5 from EUR 8 
 
                 * Neste Oyj  NESTE.HE : TD Cowen cuts target price to EUR 36 from EUR 37 
 
                 * Phoenix  PHNX.L : HSBC cuts target price to 650p from 700p 
 
                 * Rio Tinto  RIO.L : JP Morgan raises target price to 6200p from 6000p 
 
                 * Travis Perkins  TPK.L : Jefferies cuts target price to 813p from 922p 
 
                 * Tyman Plc  TYMN.L : Peel Hunt cuts target price to 320p from 350p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))