Europe Research Roundup: Glencore, Hydro, SIG Group

Norsk Hydro ASA

16/09/2026 08:48

Sept 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Glencore, Hydro and SIG Group, on Wednesday.
     
HIGHLIGHTS 
 
* Glencore GLEN.L: RBC raises target price to 660p from 610p 
* Hydro NHY.OL: RBC cuts to sector perform from outperform
* Porsche AG P911_p.DE: RBC cuts target price to EUR 40 from EUR 45 
* SIG Group AG SIGNC.S: JP Morgan initiates coverage with neutral rating
* Yellow Cake Plc YCA.L: RBC raises target price to 750p from 650p 
     
The following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
     
* Air Liquide AIRP.PA: Bernstein cuts target price to EUR 192 from EUR 202 
* Antofagasta ANTO.L: RBC raises target price to 3,400p from 2,700p 
* AstraZeneca AZN.L: UBS cuts target price to 15200p from 17600p 
* Atalaya Mining Copper SA ATYM.L: RBC raises target price to 1,350p from 1,100p 
* Cirata Plc CRTA.L: Stifel cuts target price to 39p from 44p 
* D'Ieteren Group IETB.BR: KBC Securities ups PT to EUR 250 from EUR 245; rating 'buy' 
* Endeavour Mining Plc EDV.L: RBC raises target price to 4,900p from 4,600p
* Galp GALP.LS: UBS raises target price to EUR 25 from EUR 23 
* Glencore GLEN.L: Alphavalue raises to add from reduce; raises PT to 698p from 637p 
* Glencore GLEN.L: RBC raises target price to 660p from 610p 
* Hochschild HOCM.L: RBC cuts target price to 730p from 800p 
* H-Power Plc HPOW.L: Canaccord Genuity initiates coverage target price 25p 
* H-Power Plc HPOW.L: Canaccord Genuity initiates coverage with speculative buy rating 
* Hydro NHY.OL: RBC cuts target price to NOK 100 from NOK 120 
* Hydro NHY.OL: RBC cuts to sector perform from outperform
* Jost Werke SE JST.DE: Alphavalue initiates coverage with buy rating; PT EUR 80.4 
* Porsche AG P911_p.DE: RBC cuts target price to EUR 40 from EUR 45 
* Rio Tinto RIO.L: RBC raises target price to 6,600p from 6,100p 
* Sensorion SA ALSEN.PA: Leerink Partners adjusts PT to EUR 35 from EUR 0.70 to reflect 50-for-1 reverse share split
* SIG Group AG SIGNC.S: JP Morgan initiates coverage with neutral rating
* SIG Group AG SIGNC.S: JP Morgan initiates coverage with target price CHF 14.8 
* Societe Bic BICP.PA: UBS raises target price to EUR 70 from EUR 56 
* Soitec SA SOIT.PA: JP Morgan raises target price to EUR 200 from EUR 98 
* Soitec SA SOIT.PA: JP Morgan raises to overweight from neutral 
* Trustpilot Group Plc TRST.L: Panmure Liberum raises to buy from hold 
* WH Smith Plc SMWH.L: Canaccord Genuity cuts target price to 535p from 555p 
* Yellow Cake Plc YCA.L: RBC raises target price to 750p from 650p 
* Ypsomed AG YPSN.S: UBS cuts target price to CHF 392 from CHF 400 


 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))