Europe Research Roundup: Admiral, Auto Trader, BBVA
16/04/2024 08:47
April 16 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Admiral, Auto Trader and BBVA on Tuesday.
HIGHLIGHTS
* Admiral ADML.L : RBC raises target price to 3400p from 2600p
* Auto Trader AUTOA.L : Citigroup raises target price to 711p
from 700p
* BBVA BBVA.MC : Citigroup raises target price to EUR 11.9 from
EUR 11
* Phoenix PHNX.L : Barclays cuts to underweight from overweight
* SGS SA SGSN.S : JP Morgan raises to overweight from neutral
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Acerinox ACX.MC : JP Morgan cuts target price to EUR 8.8 from EUR 12
* Acerinox ACX.MC : JP Morgan cuts to underweight from overweight
* ACS ACS.MC : Morgan Stanley raises target price to EUR 40 from EUR 30
* Admiral ADML.L : RBC raises target price to 3400p from 2600p
* Admiral ADML.L : RBC raises to outperform from sector perform
* Air France-KLM AIRF.PA : Citigroup cuts target price to EUR 12 from EUR 19
* Anglo American AAL.L : Barclays raises target price to 2715p from 2500p
* Antofagasta ANTO.L : Barclays raises target price to 1725p from 1295p
* Antofagasta ANTO.L : Citigroup raises target price to 2600p from 2250p
* Aperam SA APAM.AS : JP Morgan cuts target price to EUR 25.7 from EUR 26.6
* Aperam SA APAM.AS : Morgan Stanley cuts target price to EUR 27 from EUR 30
* Ashmore ASHM.L : Citigroup cuts target price to 163p from 175p
* ASML Holding NV ASML.AS : Degroof Petercam raises PT to EUR 1,070 from EUR 880
* ASML Holding NV ASML.AS : Evercore ISI initiates with outperform rating; PT EUR
1085
* Auction Technology Group PLC ATG.L : JP Morgan cuts target price to 570p from
582p
* Auto Trader AUTOA.L : Citigroup raises target price to 711p from 700p
* Barry Callebaut AG BARN.S : Stifel raises to buy from hold
* Barry Callebaut AG BARN.S : Stifel raises target price to CHF 1600 from CHF 1400
* BBVA BBVA.MC : Citigroup raises target price to EUR 11.9 from EUR 11
* Boliden AB BOL.ST : Barclays raises target price to SEK 370 from SEK 305
* Boliden AB BOL.ST : Citigroup raises target price to SEK 360 from SEK 320
* Buzzi Unicem BZU.MI : JP Morgan raises target price to EUR 33 from EUR 31
* Carl Zeiss Meditec AG AFXG.DE : HSBC cuts target price to EUR 115 from EUR 120
* Ceres Power Holdings PLC CWR.L : Berenberg cuts target price to 650p from 800p
* Close Brothers Group PLC CBRO.L : Peel Hunt cuts target price to 500p from 518p
* Deutsche Lufthansa AG LHAG.DE : Citigroup cuts target price to EUR 6 from EUR
6.6
* DS Smith Plc SMDS.L : Morgan Stanley raises target price to 370p from 350p
* EasyJet EZJ.L : Citigroup cuts target price to 595p from 640p
* Endeavour Mining Plc EDV.L : Barclays raises target price to 3200p from 2600p
* Ferrexpo FXPO.L : Barclays cuts target price to 100p from 120p
* Gjensidige Forsikring ASA GJFG.OL : Barclays cuts target price to NOK 215 from
NOK 245
* Gjensidige Forsikring ASA GJFG.OL : Jefferies cuts target price to NOK 178 from
NOK 188
* Glencore GLEN.L : Barclays raises target price to 515p from 435p
* Hemnet Group AB (Publ) HEM.ST : Citigroup raises target price to SEK 342 from
SEK 298
* Hochschild HOCM.L : Barclays raises target price to 170p from 125p
* Hydro NHY.OL : Barclays raises target price to NOK 90 from NOK 82
* Hydro NHY.OL : Citigroup raises target price to NOK 70 from NOK 65
* IAG ICAG.L : Citigroup raises target price to 225p from 210p
* Jupiter Fund Management JUP.L : Citigroup raises target price to 95p from 90p
* Kainos KNOS.L : Berenberg cuts target price to 1260p from 1315p
* Man Group PLC EMG.L : Citigroup raises target price to 310p from 290p
* Mutares SE & Co KGaA MUXG.DE : KBW raises target price to EUR 46 from EUR 40
* Next 15 Group Plc NFGN.L : Liberum raises target price to 1205p from 1185p
* NOS NOS.LS : Barclays raises target price to EUR 4 from EUR 3.7
* Novozymes A/S NSISb.CO : Barclays raises target price to DKK 460 from DKK 410
* Outokumpu Oyj OUT1V.HE : JP Morgan cuts target price to EUR 3.5 from EUR 4
* Outokumpu Oyj OUT1V.HE : Morgan Stanley cuts target price to EUR 5.3 from EUR
5.4
* Oxford Instruments OXIG.L : JP Morgan cuts target price to 2,400p from 2,500p
* Pagegroup PAGE.L : Morgan Stanley cuts target price to 425p from 450p
* Pennon Group PNN.L : Morgan Stanley cuts target price to 820p from 860p
* Petra Diamonds PDL.L : Barclays cuts target price to 42p from 55p
* Phoenix PHNX.L : Barclays cuts target price to 500p from 600p
* Phoenix PHNX.L : Barclays cuts to underweight from overweight
* Rio Tinto RIO.L : Barclays raises target price to 6000p from 5900p
* Roche Holding AG ROG.S : Morgan Stanley raises target price to CHF 260 from CHF
250
* Ryanair RYA.I : Citigroup raises target price to EUR 26 from EUR 25
* Saipem SPMI.MI : Morgan Stanley raises target price to EUR 2.75 from EUR 2.6
* Salzgitter AG SZGG.DE : JP Morgan cuts target price to EUR 21.3 from EUR 22.6
* Savills PLC SVS.L : HSBC raises target price to 1260p from 825p
* Savills PLC SVS.L : HSBC raises to buy from hold
* Scout24 SE G24n.DE : Citigroup raises target price to EUR 82.1 from EUR 81.3
* SGS SA SGSN.S : JP Morgan raises to overweight from neutral
* Smurfit Kappa SKG.L : Jefferies raises target price to 4100p from 3750p
* Smurfit Kappa SKG.L : Morgan Stanley raises target price to 4100p from 4000p
* Spie SA SPIE.PA : Jefferies raises target price to EUR 33 from EUR 28
* SSAB AB SSABa.ST : JP Morgan cuts target price to SEK 78 from SEK 103
* SSAB AB SSABa.ST : JP Morgan cuts to neutral from overweight
* SSAB AB SSABb.ST : JP Morgan cuts target price to SEK 70 from SEK 93
* Straumann Holding AG STMN.S : Morgan Stanley cuts PT to CHF 109 from CHF 110
* Subsea 7 SA SUBC.OL : Morgan Stanley raises target price to NOK 175 from NOK 170
* Swatch Group AG UHR.S : Morgan Stanley cuts target price to CHF 190 from CHF 240
* Temenos AG TEMN.S : Stifel raises target price to CHF 100 from CHF 80
* ThyssenKrupp TKAG.DE : JP Morgan cuts target price to EUR 4.5 from EUR 4.9
* TT Electronics PLC TTG.L : HSBC raises target price to 280p from 240p
* Var Energi ASA VAR.OL : Morgan Stanley raises target price to NOK 46.5 from NOK
41
* Voestalpine AG VOES.VI : JP Morgan cuts target price to EUR 22.2 from EUR 25.9
* Voestalpine AG VOES.VI : JP Morgan cuts to underweight from neutral
* VP Plc VP.L : Berenberg cuts target price to 950p from 1040p
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))