Europe Research Roundup: Kainos, Kingfisher, Royal Mail Plc

Molecular Energies

24/05/2022 08:22

May 24 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Kainos, Kingfisher and Royal Mail Plc, on Tuesday. 
    
    HIGHLIGHTS
     * Kainos  KNOS.L : Canaccord Genuity raises to buy from hold 
     * Kingfisher  KGF.L : HSBC raises target price to 260p from 255p     
     * Royal Mail Plc  RMG.L : Peel Hunt cuts to sell from buy
    
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Barclays  BARC.L : Credit Suisse raises target price to 245p from 240p 
     * Close Brothers Group Plc  CBRO.L : Peel Hunt cuts target price to 1395p from 1517p 
     * Fortum Oyj  FORTUM.HE : Berenberg cuts target price to EUR 21.50 from EUR 30 
     * IAG  ICAG.L : Citigroup cuts price target to 205p from 220p 
     * Kainos  KNOS.L : Canaccord Genuity raises to buy from hold 
     * Kainos  KNOS.L : Canaccord Genuity cuts target price to 1350p from 1400p
     * Kingfisher  KGF.L : Citigroup cuts price target to 276p from 374p 
     * Kingfisher  KGF.L : HSBC raises target price to 260p from 255p 
     * Marston'S  MARS.L : Jefferies cuts target price to 45p from 65p 
     * Moonpig Group Plc  MOONM.L : Citigroup raises price target to 400p from 370p 
     * Moonpig Group Plc  MOONM.L : Jefferies raises target price to 430p from 410p 
     * Mowi ASA  MOWI.OL : Berenberg raises target price to NOK 245 from NOK 235 
     * President Energy Plc  PPTC.L : Peel Hunt cuts target price to 4.5p from 8p 
     * Royal Mail Plc  RMG.L : Peel Hunt cuts to sell from buy
     * Royal Mail Plc  RMG.L : Peel Hunt cuts target price to 307p from 550p 
     * Vesuvius Plc  VSVS.L : Berenberg cuts target price to 480p from 600p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))