Europe Research Roundup: Arrow Global Group, Hannover Rueck, Rexel
19/11/2020 07:16
Nov 19 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Arrow Global Group, Hannover Rueck SE and Rexel SA, on Thursday.
HIGHLIGHTS
* Arrow Global Group Plc ARWA.L : Peel Hunt raises to hold from reduce
* Hannover Rueck SE HNRGn.DE : SocGen cuts to hold from buy
* Munich Re MUVGn.DE : SocGen cuts to hold from buy
* Rexel SA RXL.PA : HSBC cuts to hold from buy
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Ap Moeller Maersk A/S MAERSKb.CO : Berenberg raises PT to DKK 8,700 from DKK 8,500
* Arrow Global Group Plc ARWA.L : Peel Hunt raises to hold from reduce
* Arrow Global Group Plc ARWA.L : Peel Hunt raises target price to 166p from 87p
* Auto Trader Group Plc AUTOA.L : HSBC raises target price to 680p from 650p
* Aveva Group Plc AVV.L : HSBC cuts target price to 4095p from 4220p
* BNP Paribas SA BNPP.PA : Berenberg raises price target to EUR 32 from EUR 29
* Cellnex Telecom SA CLNX.MC : JP Morgan raises target price to EUR 70 from EUR 66
* Dassault Systemes SE DAST.PA : HSBC raises target price to EUR 155 from EUR 135
* Dermapharm Holding SE DMPG.DE : Jefferies initiates with buy rating and PT of EUR 60
* Deutsche Boerse AG DB1Gn.DE : KBW raises target price to EUR 143.50 from EUR 141
* Drax Group Plc DRX.L : HSBC raises target price to 360p from 320p
* Embracer Group AB EMBRACb.ST : Berenberg raises target price to SEK 250 from SEK 215
* Energean Plc ENOG.L : Credit Suisse initiates with outperform rating and 865p PT
* Engie SA ENGIE.PA : HSBC raises target price to EUR 14.1 from EUR 13.9
* Euronext NV ENX.PA : KBW cuts target price to EUR 98 from EUR 103
* Ferguson FERG.L : JP Morgan raises target price to 8,700p from 8,200p
* Generali GASI.MI : Citigroup raises price target to EUR 15.8 from EUR 15.2
* Grand City Properties SA GYC.DE : Jefferies raises target price to EUR 22 from EUR 20
* Hannover Rueck SE HNRGn.DE : SocGen cuts to hold from buy
* Hill & Smith Holdings Plc HILS.L : HSBC raises target price to 1421p from 1400p
* IAG ICAG.L : Credit Suisse Re-Instates with outperform rating and target price 228p
* Intermediate Capital Group ICP.L : Citigroup raises price target to 1920p from 1602p
* Micro focus MCRO.L : Credit Suisse cuts target price to 350p from 380p
* Molecular Partners AG MOLN.S : JP Morgan raises target price to CHF 20 from CHF 10
* Moncler MONC.MI : Jefferies raises target price to EUR 39.5 from EUR 37.5
* Munich Re MUVGn.DE : SocGen cuts to hold from buy
* Nfon AG NFN.DE : Berenberg raises price target to EUR 20 from EUR 16
* Reckitt RB.L : Jefferies cuts target price to 5,845p from 7,100p
* Reckitt RB.L : Jefferies cuts to underperform from hold
* Renault RENA.PA : JP Morgan raises target price to EUR 37 from EUR 35
* Rexel SA RXL.PA : HSBC cuts target price to EUR 12.5 from EUR 13
* Rexel SA RXL.PA : HSBC cuts to hold from buy
* Royal Unibrew A/S RBREW.CO : Citigroup raises price target to DKK 800 from DKK 730
* Royal Unibrew A/S RBREW.CO : JP Morgan raises target price to DKK 600 from DKK 540
* Samhallsbyggnadsbolaget I Norden AB SBBb.ST : Citigroup initiates with buy rating
* Samhallsbyggnadsbolaget I Norden AB SBBb.ST : Citigroup initiates with SEK 42.8 PT
* Savills Plc SVS.L : HSBC raises target price to 975p from 785p
* Signature Aviation Plc SIGSI.L : Citigroup raises price target to 290p from 258p
* Soitec SA SOIT.PA : Jefferies raises target price to EUR 124 from EUR 101
* Stemmer Imaging AG S9I.DE : Berenberg cuts price target to EUR 21.30 from EUR 21.80
* Telefonica TEF.MC : Berenberg cuts target price to EUR 4.20 from EUR 4.80
* Ti Fluid Systems Plc TIFS.L : HSBC raises target price to 220p from 190p
* TP ICAP Plc TCAPI.L : RBC cuts target price to 380p from 420p
* TT Electronics Plc TTG.L : HSBC raises target price to 300p from 255p
* Verallia Sas VRLA.PA : Citigroup raises price target to EUR 34.1 from EUR 31.9
* Vidrala SA VID.MC : Citigroup raises price target to EUR 96.3 from EUR 82.1
* Vonovia SE VNAn.DE : Jefferies raises to buy from hold; raises PT to EUR 66 from EUR 60
* Wendel MWDP.PA : Citigroup raises price target to EUR 113 from EUR 103
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))