Europe Research Roundup: HSBC, SMA Solar, ThyssenKrupp

Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG

14/05/2026 08:10

Corrects Workspace item to say Peel Hunt cuts target price to 350p, not 340p, from 500p

May 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including HSBC, SMA Solar and ThyssenKrupp on Thursday.

HIGHLIGHTS

* Dermapharm Holding SE DMPG.DE: Berenberg raises target price to EUR 60 from EUR 44
* HSBC HSBA.L: Morgan Stanley raises target price to 1463p from 1419p
* RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 66 from EUR 65
* SMA Solar S92G.DE: Jefferies raises target price to EUR 71 from EUR 58
* ThyssenKrupp TKAG.DE: Citigroup raises target price to EUR 15 from EUR 13

Following is a summary of research actions on European companies reported by Reuters on Thursday

Stock entries are in alphabetical order.

* ABN Amro Bank NV ABNd.AS: Morgan Stanley raises target price to EUR 39 from EUR 36
* Dermapharm Holding SE DMPG.DE: Berenberg raises target price to EUR 60 from EUR 44
* Drax Group Plc DRX.L: Morgan Stanley cuts target price to 900p from 950p
* E.ON EONGn.DE: Morgan Stanley raises target price to EUR 21.5 from EUR 21
* Eiffage FOUG.PA: JP Morgan raises target price to EUR 162 from EUR 158
* Eutelsat Communications ETL.PA: Morgan Stanley raises PT to EUR 2.7 from EUR 2.4
* HBX Group International Plc HBX.MC: Morgan Stanley cuts PT to EUR 7.9 from EUR 8
* HSBC HSBA.L: Morgan Stanley raises target price to 1463p from 1419p
* HSBC HSBA.L: RBC raises target price to 1275p from 1200p
* Ithaca Energy Plc ITH.L: Peel Hunt raises target price to 300p from 260p
* Munich Re Group MUVGn.DE: Morgan Stanley cuts target price to EUR 480 from EUR 520
* RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 66 from EUR 65
* SAP SE SAPG.DE: TD Cowen cuts target price to EUR 195 from EUR 215
* SFC Energy AG F3CG.DE: Berenberg raises target price to EUR 24 from EUR 18
* Siemens SIEGn.DE: Morgan Stanley raises target price to EUR 260 from EUR 250
* Siemens AG SIEGn.DE: JP Morgan raises target price to EUR 335 from EUR 325
* SMA Solar S92G.DE: Berenberg raises target price to EUR 50 from EUR 41
* SMA Solar S92G.DE: Jefferies raises target price to EUR 71 from EUR 58
* SMA Solar S92G.DE: TD Cowen raises target price to EUR 51 from EUR 40
* Stellantis NV STLAM.MI: HSBC cuts target price to EUR 5.5 from EUR 6.5
* ThyssenKrupp TKAG.DE: Citigroup raises target price to EUR 15 from EUR 13
* UPMKymmene Oyj UPM.HE: Morgan Stanley cuts target price to EUR 30 from EUR 31
* Veolia Environnement VIE.PA: HSBC raises target price to EUR 40 from EUR 38
* Vistry Group Plc VTYV.L: Berenberg cuts target price to 340p from 500p
* Workspace WKP.L: Peel Hunt cuts target price to 350p from 500p
* Workspace WKP.L: Peel Hunt cuts to hold from buy

 (Compiled by Bengaluru Newsroom)

 ((Diaries@thomsonreuters.com))