Europe Research Roundup: Cosmo Pharmaceuticals NV, Dormakaba Holding AG, KPN

Opmobility SE

23/02/2023 15:18

Feb 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies,
including Cosmo Pharmaceuticals NV, Dormakaba Holding AG and KPN on Thursday. 
    HIGHLIGHTS
     * ASMI  ASMI.AS : Citigroup initiates coverage with buy rating; target price EUR 390
     * Cosmo Pharmaceuticals NV  COPN.S : Credit Suisse cuts to neutral from outperform 
     * Dormakaba Holding AG  DOKA.S : Jefferies raises to buy from hold
     * KPN  KPN.AS : Berenberg cuts to hold from buy
     * URW  URW.AS : Goldman Sachs raises to neutral from sell
 Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in
alphabetical order. 
     * Abivax SA  ABVX.PA : Portzamparc cuts target price to EUR 14.0 from EUR 19.2; rating buy
     * Adidas AG  ADSGn.DE : Cowen and Company cuts target price to EUR 120 from EUR 125 
     * Ageas SA  AGES.BR : Berenberg raises target price to EUR 54.9 from EUR 52.3 
     * Alan Allman Associates SA  AAA.PA : Portzamparc raises PT to EUR 10.7 from EUR 10.2; rating hold
     * Antofagasta  ANTO.L : Barclays cuts target price to 1,350p from 1,390p
     * ASMI  ASMI.AS : Citigroup initiates coverage with buy rating; target price EUR 390
     * ASR Nederland NV  ASRNL.AS : Citigroup cuts price target to EUR 45 from EUR 45.44 
     * Assura  AGRP.L : Barclays cuts target price to 57p from 60p
     * Atalaya Mining Plc  ATYM.L : Canaccord Genuity raises target price to 600p from 570p
     * Atalaya Mining Plc  ATYM.L : Peel Hunt raises target price to 500p from 450p
     * BE Semiconductor Industries  BESI.AS : UBS raises target price to EUR 84 from EUR 72
     * Beazley  BEZG.L : Citigroup raises price target to 770p from 737p 
     * Befesa SA  BFSA.DE : Stifel raises target price to EUR 60 from EUR 54
     * Besi  BESI.AS : Barclays raises target price to EUR 68 from EUR 55
     * Besi  BESI.AS : Morgan Stanley raises target price to EUR 85 from EUR 80
     * Besi  BESI.AS : Needham raises target price to EUR 85 from EUR 63
     * Bilendi SA  ALBLD.PA : Midcap Partners cuts PT to EUR 33.5 from EUR 37.0; rating buy
     * BP  BP.L : Berenberg cuts to hold from buy; raises target price to 590p from 560p 
     * Cint Group AB (Publ)  CINT.ST : Jefferies cuts target price to SEK 18 from SEK 50
     * Comet Holding AG  COTNE.S : UBS raises target price to CHF 263 from CHF 259
     * Compagnie Plastic Omnium SE  PLOF.PA : JP Morgan raises target to EUR 16 from EUR 14 
     * Cosmo Pharmaceuticals NV  COPN.S : Credit Suisse cuts to neutral from outperform 
     * Covivio SA  CVO.PA : JP Morgan raises target price to EUR 65 from EUR 60
     * Danone  DANO.PA : Credit Suisse raises target price to EUR 51.50 from EUR 47
     * Danone  DANO.PA : Deutsche Bank raises target price to EUR 55 from EUR 50
     * Danone  DANO.PA : RBC raises target price to EUR 70 from EUR 69 
     * Danone  DANO.PA : UBS raises target price to EUR 43 from EUR 41
     * Dechra pharma Plc  DPH.L : HSBC raises target price to 4,980p from 4,700p 
     * Deutsche Pfandbriefbank AG  PBBG.DE : Deutsche Bank raises PT to EUR 8 from EUR 7
     * Direct Line Insurance  DLGD.L : Peel Hunt cuts target price to 210p from 240p 
     * Doric Nimrod Air Two Ltd  DNA2_p.L : Jefferies cuts to hold from buy 
     * Dormakaba Holding AG  DOKA.S : Jefferies cuts target price to CHF 500 from CHF 530 
     * Dormakaba Holding AG  DOKA.S : Jefferies raises to buy from hold
     * Dunelm Group  DNLM.L : UBS raises target price to 1220p from 777p
     * EFG International AG  EFGN.S : Citigroup raises price target to CHF 9.3 from CHF 9 
     * Enel  ENEI.MI : Credit Suisse cuts target price to EUR 7.6 from EUR 8.3 
     * Faurecia  EPED.PA : Berenberg raises target price to EUR 25 from EUR 24 
     * Finecobank  FBK.MI : Berenberg raises target price to EUR 19 from EUR 17.2 
     * FMC AG  FMEG.DE : JP Morgan raises target price to EUR 17.4 from EUR 17.1
     * Fresenius SE  FREG.DE : JP Morgan cuts target price to EUR 29.60 from EUR 31.90
                 * Genmab A/S  GMAB.CO : Cowen and Company cuts target price to DKK 2798 from DKK 3073
 
                 * HSBC  HSBA.L : RBC raises target price to 775p from 750p
 
     * HSBC Holdings  HSBA.L : Deutsche Bank raises target price to 880p from 760p
     * Kering  PRTP.PA : Citigroup raises price target to EUR 750 from EUR 652 
     * KPN  KPN.AS : Berenberg cuts to hold from buy
     * KPN  KPN.AS : Berenberg raises target price to EUR 3.45 from EUR 3.2 
     * Lloyds  LLOY.L : Berenberg raises target price to 58p from 55p
     * Lloyds  LLOY.L : Credit Suisse raises target price to 73p from 72p 
     * Melrose Industries  MRON.L : Peel Hunt raises target price to 204p from 195p 
     * Mercedes Benz Group AG  MBGn.DE : Jefferies raises target price to EUR 70 from EUR 68 
     * Nel ASA  NEL.OL : Credit Suisse cuts target price to NOK 10 from NOK 10.7 
     * Nestle  NESN.S : HSBC cuts target price to CHF 119 from CHF 123 
     * OCI NV  OCI.AS : JP Morgan cuts target price to EUR 34.50 from EUR 36 
     * Pirelli & C SpA  PIRC.MI : JP Morgan raises target price to EUR 5.8 from EUR 5.3 
     * Primary Health Properties Plc  PHP.L : Barclays cuts target price to 100p from 105p
     * Rio Tinto  RIO.L : JP Morgan raises target price to 5,500p from 5,380p 
     * Rio Tinto  RIO.L : RBC cuts target price to 4,600p from 4,700p 
     * Schindler Holding AG  SCHN.S : Citigroup raises price target to CHF 213 from CHF 183
     * Schindler Holding AG  SCHP.S : Credit Suisse raises target price to CHF 230 from CHF 195 
     * Schneider Electric  SCHN.PA : Morgan Stanley raises target price to EUR 144 from EUR 135
     * Schneider Electric  SCHN.PA : UBS raises target price to EUR 175 from EUR 165
     * Segro  SGRO.L : Berenberg raises target price to 1,100p from 1,040p 
     * Smith+Nephew Plc  SN.L : Credit Suisse raises target price to 1385p from 1345p 
     * Straumann  STMN.S : UBS raises target price to CHF 126 from CHF 96
     * Straumann  STMN.S : UBS raises to neutral from sell
     * Straumann Holding AG  STMN.S : Jefferies raises target price to CHF 148 from CHF 130 
     * Telefonica Deutschland  O2Dn.DE : JP Morgan raises target price to EUR 3.5 from EUR 3.3 
     * UCB SA  UCB.BR : JP Morgan cuts target price to EUR 100 from EUR 105 
     * URW  URW.AS : Goldman Sachs raises target price to EUR 68 from EUR 52
     * URW  URW.AS : Goldman Sachs raises to neutral from sell
     * Var Energi ASA  VAR.OL : Barclays cuts target price to NOK 48 from NOK 54
     * Viscofan SA  VIS.MC : Berenberg cuts target price to EUR 70 from EUR 71 
     * Wienerberger  WBSV.VI : Deutsche Bank raises target price to EUR 31 from EUR 30
     * Wolters Kluwer  WLSNc.AS : UBS raises target price to EUR 130 from EUR 124
     * Wolters Kluwer NV  WLSNc.AS : Barclays raises target price to EUR 128 from EUR 120
     * Wolters Kluwer NV  WLSNc.AS : Citigroup raises price target to EUR 110 from EUR 104
     * Wolters Kluwer NV  WLSNc.AS : Credit Suisse raises target price to EUR 122 from EUR 115 
     * WPP  WPP.L : JP Morgan raises target price to 1,300p from 1,260p
     * Zalando SE  ZALG.DE : Credit Suisse raises target price to EUR 46 from EUR 33 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))