Europe Research Roundup: Adyen, Euronext, Siemens

Orange Belgium NV

20/09/2022 08:00

Sept 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adyen, Euronext and Siemens, on Tuesday. 
    
    HIGHLIGHTS  
     * Adyen NV  ADYEN.AS : HSBC cuts to hold from buy
     * Deutsche Boerse AG  DB1Gn.DE : Credit Suisse raises to outperform from neutral
     * Euronext NV  ENX.PA : Credit Suisse cuts to neutral from outperform
     * Proximus NV  PROX.BR : Credit Suisse assumes coverage with underperform rating
     * Siemens AG  SIEGn.DE : HSBC raises target price to EUR 105 from EUR 100
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
     * Adyen NV  ADYEN.AS : HSBC cuts target price to EUR 1500 from EUR 2300
     * Adyen NV  ADYEN.AS : HSBC cuts to hold from buy
     * Anglo American Plc  AAL.L : HSBC cuts target price to 3300p from 3450p
     * Ashtead Group  AHT.L : HSBC cuts target price to 5360p from 6020p
     * Bankinter SA  BKT.MC : Citigroup raises price target to EUR 7 from EUR 6.2
     * BHP  BHPB.L : Citigroup raises price target to 1,700p from 1,400p
     * Compagnie Financiere Richemont SA  CFR.S : Credit Suisse cuts PT to CHF 48 from CHF 52
     * Deutsche Boerse AG  DB1Gn.DE : Credit Suisse raises to outperform from neutral
     * Deutsche Boerse AG  DB1Gn.DE : Credit Suisse raises target to EUR 200 from EUR 178
     * Drax Group Plc  DRX.L : Credit Suisse cuts target price to 305p from 325p
     * Drax Group Plc  DRX.L : Credit Suisse raises to outperform from neutral
     * Dufry AG  DUFN.S : HSBC cuts target price to CHF 44 from CHF 47.5
     * Electrolux  ELUXb.ST : JP Morgan cuts target price to SEK 120 from SEK 135
     * Euronext NV  ENX.PA : Credit Suisse cuts to neutral from outperform
     * Euronext NV  ENX.PA : Credit Suisse cuts target price to EUR 77 from EUR 89
     * Experian  EXPN.L : Credit Suisse raises target price to 2,660p from 2,200p
     * Experian  EXPN.L : RBC cuts to sector perform from outperform
     * Experian  EXPN.L : RBC raises target price to 2,700p from 2,500p
     * Go-Ahead Group Plc  GOG.L : RBC cuts target price to 1,230p from 2,050p
     * Homeserve Plc  HSV.L : Citigroup cuts price target to 1410p from 1455p
     * Imperial Brands  IMB.L : Jefferies cuts target price to 1,700p from 1,900p
     * LSE  LSEG.L : Credit Suisse raises target price to 9200p from 9100p
     * Nexi SpA  NEXII.MI : HSBC cuts target price to EUR 11 from EUR 15.5
     * Ocado  OCDO.L : HSBC cuts target price to 575p from 1000p
     * Ocado  OCDO.L : HSBC cuts to reduce from hold
     * Orange Belgium SA  OBEL.BR : Credit Suisse assumes coverage with neutral rating
     * Orange Belgium SA  OBEL.BR : Credit Suisse assumes coverage with PT EUR 18 vs EUR 22
     * Oxford Instruments  OXIG.L : Jefferies cuts target price to 2010p from 2320p
     * Pennon Group Plc  PNN.L : Credit Suisse raises to neutral from underperform
     * Pennon Group Plc  PNN.L : Credit Suisse cuts target price to 950p from 990p
     * Proximus NV  PROX.BR : Credit Suisse assumes coverage with underperform rating
     * Proximus NV  PROX.BR : Credit Suisse assumes coverage with PT EUR 9.9 vs EUR 16
     * Rio Tinto Plc  RIO.L : HSBC cuts target price to 5050p from 5250p
     * Salzgitter AG  SZGG.DE : Citigroup cuts price target to EUR 12 from EUR 12.5
     * Siemens AG  SIEGn.DE : HSBC raises target price to EUR 105 from EUR 100
     * Signature Aviation Plc  SIGSI.L : Citigroup raises price target to 228p from 190p
     * SSE  SSE.L : JP Morgan raises to overweight from neutral
     * SSE  SSE.L : JP Morgan raises target price to 2100p from 1585p
     * Telenet Group Holding NV  TNET.BR : Credit Suisse assumes with neutral vs outperform rating
     * Telenet Group Holding NV  TNET.BR : Credit Suisse assumes with PT EUR 16 vs EUR 42.4
     * THG Plc  THG.L : JP Morgan cuts target price to 50p from 148p
     * Vienna Insurance Group  VIGR.VI : HSBC cuts target price to EUR 27.4 from EUR 28.4
     * Warehouse REIT Plc  WHRW.L : Peel Hunt raises target price to 125p from 115p
    

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