Europe Research Roundup: Anglo American, Nestle, Unilever

Munters AB

23/05/2024 07:56

May 23 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies including Anglo American, Nestle and Unilever, on Thursday. 
    
    HIGHLIGHTS
      
     * Anglo American  AAL.L : Jefferies raises target price to 3,200p from 3,000p
     * DCC Plc  DCC.L : HSBC raises target price to 7920p from 7170p
     * Marks and Spencer Group  MKS.L : Jefferies raises target price to 330p from 310p
     * Nestle SA  NESN.S : JP Morgan cuts to neutral from overweight
     * Unilever  ULVR.AS : JP Morgan raises to overweight from underweight
      
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 : Jefferies raises target price to 3,200p from 3,000p
     * Big Yellow Group Plc  BYG.L : JP Morgan raises target price to 1,385p from 1,315p
     * BNP Paribas  BNPP.PA : Berenberg raises target price to EUR 82 from EUR 74
     * British Land  BLND.L : Jefferies raises target price to 310p from 281p
     * British Land  BLND.L : JP Morgan raises target price to 460p from 418p
     * Corre Energy BV  CORRE.I : Berenberg cuts target price to EUR 3.65 from EUR 5
     * DCC Plc  DCC.L : HSBC raises target price to 7920p from 7170p
     * Delivery Hero SE  DHER.DE : Jefferies cuts target price to EUR 61.5 from EUR 62
     * Essity AB (Publ)  ESSITYb.ST : JP Morgan raises target price to SEK 250 from SEK 235
     * Integrafin Holdings Plc  IHPI.L : Jefferies raises target price to 350p from 307p
     * Intercontinental Hotels  IHG.L : HSBC cuts target price to 8100p from 8300p
     * Jungheinrich  JUNG_p.DE : HSBC raises target price to EUR 44 from EUR 33
     * Jungheinrich  JUNG_p.DE : HSBC raises to buy from hold
     * Kion Group  KGX.DE : HSBC raises target price to EUR 58 from EUR 50
     * Krones  KRNG.DE : HSBC cuts to hold from buy
     * Krones  KRNG.DE : HSBC raises target price to EUR 142 from EUR 136
     * Legal & General  LGEN.L : HSBC cuts target price to 310p from 315p
     * Marks and Spencer Group  MKS.L : Jefferies raises target price to 330p from 310p
     * Marks and Spencer Group  MKS.L : JP Morgan raises target price to 360p from 330p
     * Michelin  MICP.PA : HSBC raises target price to EUR 40 from EUR 35
     * Mowi ASA  MOWI.OL : Berenberg raises target price to NOK 225 from NOK 215
     * Munters Group AB  MTRS.ST : Jefferies cuts to hold from buy
     * Munters Group AB  MTRS.ST : Jefferies raises target price to SEK 255 from SEK 195
     * Neoen SA  NEOEN.PA : Berenberg raises target price to EUR 34 from EUR 33
     * Nestle SA  NESN.S : JP Morgan cuts to neutral from overweight
     * Nestle SA  NESN.S : JP Morgan cuts target price to CHF 105 from CHF 115
     * Novartis AG  NOVN.S : Berenberg raises target price to CHF 77 from CHF 74
     * Renault  RENA.PA : Citigroup raises target price to EUR 54 from EUR 45
     * Rockwool  ROCKb.CO : HSBC raises target price to DKK 3100 from DKK 2600
     * Societe Generale SA  SOGN.PA : JP Morgan raises target price to EUR 33 from EUR 32
     * Swiss Life Holding AG  SLHN.S : Berenberg raises target price to CHF 693 from CHF 685
     * Swiss Life Holding AG  SLHN.S : HSBC raises target price to CHF 620 from CHF 617
     * Terna  TRN.MI : Berenberg raises target price to EUR 8 from EUR 6
     * Ubisoft  UBIP.PA : HSBC cuts target price to EUR 32 from EUR 35
     * Unicredit  CRDI.MI : Jefferies raises target price to EUR 42.7 from EUR 41.6
     * Unilever  ULVR.AS : JP Morgan raises to overweight from underweight
     * Unilever  ULVR.AS : JP Morgan raises target price to EUR 60 from EUR 41
     * Unilever  ULVR.L : JP Morgan raises to overweight from underweight
     * Unilever  ULVR.L : JP Morgan raises target price to 5100p from 3600p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))