Europe Research Roundup: Aston Martin, Equinor ASA, Softcat

OC Oerlikon AG, Pfaeffikon

19/07/2023 08:20

July 19 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Aston Martin, Equinor ASA and Softcat, on Wednesday. 

    HIGHLIGHTS
                 * Aston Martin  AML.L : Goldman Sachs raises to buy from neutral 
 
                 * Computacenter Plc  CCC.L : JP Morgan initiates coverage with overweight rating
 
                 * Equinor ASA  EQNR.OL : Berenberg cuts to sell from hold
 
                 * Evonik Industries AG  EVKn.DE : Morgan Stanley cuts to underweight from equal-weight 
 
                 * Softcat Plc  SCTS.L : JP Morgan initiates coverage with neutral rating
 
 
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 

                 * Abrdn Plc  ABDN.L : JP Morgan cuts target price to 200p from 215p 
 
                 * Aston Martin  AML.L : Goldman Sachs raises target price to 413p from 212p 
 
                 * Aston Martin  AML.L : Goldman Sachs raises to buy from neutral 
 
                 * Barratt  BDEV.L : Peel Hunt cuts target price to 440p from 460p 
 
                 * Bike24 Holding AG  BIKE.DE : JP Morgan cuts target price to EUR 3 from EUR 3.4 
 
                 * BP  BP.L : Berenberg cuts target price to 490p from 560p 
 
                 * BP  BP.L : JP Morgan cuts target price to 530p from 570p 
 
                 * Computacenter Plc  CCC.L : JP Morgan initiates coverage with overweight rating
 
                 * Computacenter Plc  CCC.L : JP Morgan initiates coverage with price target 2,700p 
 
                 * Darktrace Plc  DARK.L : HSBC raises target price to 525p from 430p 
 
                 * Darktrace Plc  DARK.L : Needham raises target price to 475p from 330p 
 
                 * Darktrace Plc  DARK.L : Piper Sandler raises target price to 500p from 385p 
 
                 * Diploma Plc  DPLM.L : Jefferies raises target price to 3,400p from 3,150p 
 
                 * DKSH Holding AG  DKSH.S : Credit Suisse raises target price to CHF 72 from CHF 71 
 
                 * ENI  ENI.MI : Berenberg cuts target price to EUR 16 from EUR 16.5 
 
                 * ENI  ENI.MI : JP Morgan cuts target price to EUR 15.5 from EUR 16 
 
                 * Epiroc AB  EPIRa.ST : RBC raises target price to SEK 205 from SEK 190 
 
                 * EQT AB  EQTAB.ST : JP Morgan raises target price to SEK 209.3 from SEK 182.1 
 
                 * Equinor ASA  EQNR.OL : Berenberg cuts to sell from hold
 
                 * Equinor ASA  EQNR.OL : Berenberg cuts target price to NOK 250 from NOK 380 
 
                 * Equinor ASA  EQNR.OL : JP Morgan raises target price to NOK 300 from NOK 290 
 
                 * Evonik Industries AG  EVKn.DE : Morgan Stanley cuts target price to EUR 17.5 from EUR
 20 
 
                 * Evonik Industries AG  EVKn.DE : Morgan Stanley cuts to underweight from equal-weight 
 
                 * Fraport  FRAG.DE : Jefferies raises target price to EUR 40 from EUR 39 
 
                 * Galp Energia SA  GALP.LS : JP Morgan cuts target price to EUR 12 from EUR 12.5 
 
                 * Getinge  GETIb.ST : JP Morgan cuts target price to SEK 134 from SEK 139 
 
                 * Integrafin Holdings Plc  IHPI.L : Jefferies cuts target price to 280p from 330p 
 
                 * Integrafin Holdings Plc  IHPI.L : RBC cuts target price to 290p from 300p 
 
                 * Italgas  IG.MI : Credit Suisse cuts target price to EUR 5.5 from EUR 5.6 
 
                 * Kuehne Und Nagel International AG  KNIN.S : JP Morgan cuts target to CHF 280 from CHF
 292 
 
                 * Kuehne Und Nagel International AG  KNIN.S : JP Morgan cuts to neutral from overweight 
 
                 * Neste Oyj  NESTE.HE : JP Morgan cuts target price to EUR 48 from EUR 50 
 
                 * Novartis AG  NOVN.S : JP Morgan raises target price to CHF 95 from CHF 92 
 
                 * OC Oerlikon Corporation AG Pfaeffikon  OERL.S : Credit Suisse cuts PT to CHF 6.1 from
 CHF 6.7 
 
                 * OMV AG  OMVV.VI : JP Morgan cuts target price to EUR 41 from EUR 43 
 
                 * Partners Group Holding AG  PGHN.S : JP Morgan raises target to CHF 872.7 from CHF 793.1
 
                 * Renewi Plc  RWI.L : Berenberg initiates coverage with buy rating and 710p target price 
 
                 * Repsol  REP.MC : JP Morgan cuts target price to EUR 13 from EUR 14 
 
                 * SEB AB  SEBa.ST : Credit Suisse raises target price to SEK 130 from SEK 123 
 
                 * Shell Plc  SHEL.L : JP Morgan cuts target price to 2750p from 2950p 
 
                 * Softcat Plc  SCTS.L : JP Morgan initiates coverage with neutral rating
 
                 * Softcat Plc  SCTS.L : JP Morgan initiates coverage with price target 1,400p 
 
                 * Swedish Orphan Biovitrum  SOBIV.ST : Jefferies raises target to SEK 300 from SEK 294 
 
                 * Tele2  TEL2b.ST : HSBC cuts target price to SEK 81 from SEK 118 
 
                 * Tele2  TEL2b.ST : HSBC cuts to hold from buy 
 
                 * Totalenergies SE  TTEF.PA : JP Morgan cuts target price to EUR 65 from EUR 69 
 
                 * UCB SA  UCB.BR : Credit Suisse raises target price to EUR 75 from EUR 68 
 
                 * Verbio Vereinigte Bioenergie AG  VBKG.DE : Jefferies starts with buy rating
 
                 * Verbio Vereinigte Bioenergie AG  VBKG.DE : Jefferies starts with target price EUR 56 
 
                 * Wise Plc  WISEa.L : Credit Suisse raises target price to 630p from 540p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))