Europe Research Roundup: 888 Holdings, Ericsson, Natwest Group

Millicom International Cellular SA

30/11/2023 07:20

Nov 30 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including 888 Holdings, Ericsson, and Natwest Group, on Thursday. 
    
        HIGHLIGHTS  
     * 888 Holdings PLC  888.L : JP Morgan cuts to neutral from overweight 
     * Ericsson  ERICb.ST : JP Morgan cuts to neutral from overweight 
                 * Natwest Group PLC  NWG.L : JP Morgan raises to overweight from neutral 
 
                 * Nokia Oyj  NOKIA.HE : JP Morgan cuts to neutral from overweight 
 
                 * STMicroelectronics NV  STMPA.PA : JP Morgan raises to overweight from neutral 
 
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
    
                 * 888 Holdings PLC  888.L : JP Morgan cuts target price to 97p from 150p 
 
                 * 888 Holdings PLC  888.L : JP Morgan cuts to neutral from overweight 
 
                 * ASMI  ASMI.AS : JP Morgan raises target price to EUR 650 from EUR 440 
 
                 * ASML Holding NV  ASML.AS : JP Morgan raises target price to EUR 800 from EUR 690 
 
                 * B&M  BMEB.L : Peel Hunt raises to buy from hold; raises PT to 700p from 520p 
 
                 * Bavarian Nordic A/S  BAVA.CO : Jefferies raises PT to DKK 295 from DKK 245 
 
                 * Big Yellow Group PLC  BYG.L : Berenberg initiates with hold rating, PT 1186p 
 
                 * Bridgepoint Group PLC  BPTB.L : Peel Hunt raises target price to 250p from 220p 
 
                 * Deutsche Bank AG  DBKGn.DE : JP Morgan raises target price to EUR 15 from EUR 14 
 
                 * Ericsson  ERICb.ST : JP Morgan cuts target price to SEK 61 from SEK 85 
 
                 * Ericsson  ERICb.ST : JP Morgan cuts to neutral from overweight 
 
                 * Grainger  GRI.L : Berenberg initiates with buy rating, target price 305p 
 
                 * Leonardo SpA  LDOF.MI : JP Morgan resumes coverage with overweight rating and EUR PT 20
 
                 * Life Science REIT PLC  LABS.L : Berenberg initiates with buy rating, PT 79p 
 
                 * Millicom International Cellular SA  TIGOsdb.ST : Barclays ups PT to SEK 195 from SEK 170 
 
                 * Natwest Group PLC  NWG.L : JP Morgan raises target price to 280p from 230p 
 
                 * Natwest Group PLC  NWG.L : JP Morgan raises to overweight from neutral 
 
                 * Nextenergy Solar Fund Ltd  NESF.L : RBC cuts target price to 110p from 120p 
 
                 * Nokia Oyj  NOKIA.HE : JP Morgan cuts target price to EUR 4 from EUR 5.3 
 
                 * Nokia Oyj  NOKIA.HE : JP Morgan cuts to neutral from overweight 
 
                 * OCI NV  OCI.AS : Jefferies cuts to hold from buy; cuts PT to EUR 20 from EUR 33 
 
                 * Prosiebensat 1 Media SE  PSMGn.DE : JP Morgan cuts PT to EUR 10 from EUR 11 
 
                 * Prosus  PRX.AS : HSBC raises target price to EUR 39 from EUR 37.9 
 
                 * Prosus NV  PRX.AS : Citigroup cuts target price to EUR 42.50 from EUR 43 
 
                 * Raiffeisen Bank International AG  RBIV.VI : HSBC raises PT to EUR 24 from EUR 22 
 
                 * Safestore Holdings PLC  SAFE.L : Berenberg initiates with hold rating, PT 808p 
 
                 * Sage Group PLC  SGE.L : HSBC raises target price to 1270p from 1260p 
 
                 * Segro  SGRO.L : Berenberg initiates with buy rating, target price 863p 
 
                 * Soitec SA  SOIT.PA : JP Morgan raises target price to EUR 109 from EUR 102 
 
                 * STMicroelectronics NV  STMPA.PA : JP Morgan raises PT to EUR 52 from EUR 46 
 
                 * STMicroelectronics NV  STMPA.PA : JP Morgan raises to overweight from neutral 
 
                 * Teleperformance SE  TEPRF.PA : Berenberg raises PT to EUR 204 from EUR 202 
 
                 * Unite Group  UTG.L : Berenberg initiates with hold rating, PT 1052p 
 
                 * VAT Group AG  VACN.S : JP Morgan raises target price to CHF 500 from CHF 350 
 
                 * VAT Group AG  VACN.S : JP Morgan raises to overweight from neutral 
 
                 * Virgin Money UK PLC  VMUK.L : Peel Hunt cuts to add from buy
 
                 * Virgin Money UK PLC  VMUK.L : Peel Hunt cuts target price to 200p from 243p 
 
                 * Workspace  WKP.L : Berenberg initiates with buy rating, target price 643p 
 
                 * Yara  YAR.OL : Jefferies cuts target price to NOK 300 from NOK 330 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))