Europe Research Roundup: Gecina, Synthomer, Volvo

Morphosys AG

21/10/2022 07:55

Oct 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Gecina, Synthomer and Volvo, on Friday. 
    HIGHLIGHTS  
     * Akzo Nobel NV  AKZO.AS : HSBC cuts target price to EUR 61 from EUR 64
     * Gecina SA  GFCP.PA : Berenberg cuts target price to EUR 110 from EUR 114
     * Synthomer  SYNTS.L : Berenberg raises to buy from hold
     * Volvo AB  VOLVb.ST : Citigroup cuts price target to SEK 202 from SEK 210
 Following is a summary of research actions on European companies reported by Reuters on Friday. Stock
entries are in alphabetical order.
     * Akzo Nobel NV  AKZO.AS : HSBC cuts target price to EUR 61 from EUR 64
     * Anima Holding SpA  ANIM.MI : Citigroup cuts price target to EUR 3.55 from EUR 4.8
     * ASOS Plc  ASOS.L : Citigroup cuts price target to 600p from 900p
     * Atos  ATOS.PA : HSBC cuts target price to EUR 9 from EUR 16
     * Ceres Power Holdings Plc  CWR.L : Peel Hunt initiates coverage with buy rating; PT 650p
     * Erste Group Bank AG  ERST.VI : Citigroup cuts price target to EUR 30 from EUR 35
     * Gecina SA  GFCP.PA : Berenberg cuts target price to EUR 110 from EUR 114
     * Grenergy Renovables SA  GREG.MC : Berenberg initiates with buy rating and EUR 35 PT
     * Hemnet Group AB (Publ)  HEM.ST : Citigroup cuts price target to SEK 145 from SEK 159
     * Jupiter Fund Management  JUP.L : Citigroup raises price target to 95p from 85p
     * Jupiter Fund Management  JUP.L : Citigroup raises to neutral from sell
     * Lancashire Holdings  LRE.L : Peel Hunt raises target price to 530p from 480p
     * Mediobanca  MDBI.MI : Citigroup cuts price target to EUR 11.6 from EUR 11.9
     * Morphosys AG  MORG.DE : Citigroup cuts price target to EUR 24 from EUR 26
     * Nordea Bank Abp  NDASE.ST : Citigroup raises price target to SEK 135 from SEK 130
     * Pekao  PEO.WA : HSBC raises target price to PLN 120 from PLN 117
     * PKO BP  PKO.WA : HSBC raises target price to PLN 46 from PLN 45.5
     * Powercell Sweden AB (Publ)  PCELL.ST : Berenberg cuts target to SEK 150 from SEK 208
     * Powercell Sweden AB (Publ)  PCELL.ST : Citigroup cuts target to SEK 135 from SEK 150
     * Schindler Holding AG  SCHP.S : Berenberg cuts target price to CHF 155 from CHF 170
     * Schindler Holding AG  SCHP.S : Credit Suisse cuts target price to CHF 195 from CHF 235
     * SIG Group AG  SIGNC.S : Credit Suisse reinstates with neutral rating; PT CHF 22.5
     * St James's Place  SJP.L : HSBC raises target price to 1250p from 1200p
     * St. James's Place  SJP.L : Citigroup raises price target to 1075p from 1041p
     * Steico SE  ST5G.DE : Berenberg cuts target price to EUR 71 from EUR 94.4
     * Synthomer  SYNTS.L : Berenberg raises to buy from hold
     * Talanx AG  TLXGn.DE : Berenberg cuts target price to EUR 47.2 from EUR 49.9
     * Tele2  TEL2B.ST : HSBC cuts target price to SEK 118 from SEK 145
     * Tele2 AB  TEL2b.ST : JP Morgan cuts target price to SEK 142 from SEK 161
     * Vivendi  VIV.PA : Credit Suisse cuts target price to EUR 11.5 from EUR 12.2
     * Volvo AB  VOLVb.ST : Citigroup cuts price target to SEK 202 from SEK 210
     * Zur Rose Group AG  ROSEG.S : Berenberg cuts target price to CHF 30 from CHF 70
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))