Europe Research Roundup: Cofinimmo SA, Deliveroo, ITM Power

Orange Belgium NV

01/03/2022 07:09

March 1 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Cofinimmo SA, Deliveroo and ITM Power, on Tuesday. 
    
    HIGHLIGHTS  
      * Cofinimmo SA  COFB.BR : JP Morgan cuts to neutral from overweight
      * Deliveroo Plc  ROO.L : Citigroup raises to buy from neutral
      * ITM Power Plc  ITM.L : 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 SA  ACX.MC : JP Morgan raises target price to EUR 20.25 from EUR 20
     * Adevinta ASA  ADEA.OL : Citigroup cuts price target to NOK 107 from NOK 130
     * Adevinta ASA  ADEA.OL : Credit Suisse cuts target price to NOK 140 from NOK 211
     * Arkema SA  AKE.PA : HSBC raises target price to EUR 149 from EUR 145
     * Atresmedia  A3M.MC : Citigroup raises price target to EUR 3.9 from EUR 3.4
     * BASF SE  BASFn.DE : JP Morgan cuts target price to EUR 76.50 from EUR 80
     * Beneteau SA  CHBE.PA : Berenberg raises target price to EUR 18 from EUR 16
     * Bpost SA  BPOST.BR : Berenberg cuts target price to EUR 8.50 from EUR 9
     * Capital & Counties Properties Plc  CAPCC.L : Berenberg raises PT to 220p from 200p
     * Carlsberg  CARLb.CO : JP Morgan cuts target price to DKK 1,050 from DKK 1,250
     * Clarkson Plc  CKN.L : HSBC raises target price to 4950p from 4850p
     * Coca Cola HBC  CCH.L : JP Morgan cuts target price to 2,500p from 2,900p
     * Cofinimmo SA  COFB.BR : JP Morgan cuts to neutral from overweight
     * Cofinimmo SA  COFB.BR : JP Morgan cuts target price to EUR 145 from EUR 155
     * Deliveroo Plc  ROO.L : Citigroup cuts price target to 230p from 340p
     * Deliveroo Plc  ROO.L : Citigroup raises to buy from neutral
     * Delivery Hero SE  DHER.DE : Citigroup cuts price target to EUR 86 from EUR 100
     * Ericsson  ERICb.ST : Citigroup cuts price target to SEK 100 from SEK 125
     * Fluidra SA  FLUI.MC : JP Morgan cuts target price to EUR 36 from EUR 40
     * Genus  GNS.L : HSBC cuts target price to 5720p from 5830p
     * Italian Sea Group SpA  TISGR.MI : Berenberg raises target price to EUR 10 from EUR 8
     * ITM Power Plc  ITM.L : JP Morgan raises to overweight from neutral
     * ITM Power Plc  ITM.L : JP Morgan raises target price to 470p from 410p
     * Knorr Bremse AG  KBX.DE : JP Morgan cuts target price to EUR 92 from EUR 102
     * Kosmos Energy Ltd  KOS.L : Panmure raises target price to 371p from 326p
     * Mediaset Espana  TL5.MC : Citigroup raises price target to EUR 6 from EUR 5.15
     * Mondi  MNDI.L : JP Morgan ups to overweight from neutral; raises PT to 2,122p from 2,000p
     * Nel ASA  NEL.OL : JP Morgan raises target price to NOK 11.40 from NOK 10
     * Ocado  OCDO.L : Berenberg cuts target price to 1,800p from 1,990p
     * Orange Belgium SA  OBEL.BR : Citigroup raises price target to EUR 20.1 from EUR 19.8
     * Sabre Insurance Group Plc  SBRE.L : Credit Suisse raises target price to 300p from 275p
     * Saint-Gobain  SGOB.PA : JP Morgan raises target price to EUR 87 from EUR 82
     * Salmar ASA  SALM.OL : Berenberg raises target price to NOK 640 from NOK 630
     * Schindler Holding AG  SCHP.S : Berenberg cuts target price to CHF 240 from CHF 270
     * Serica Energy Plc  SQZ.L : Jefferies raises target price to 360p from 290p
     * Societe Generale SA  SOGN.PA : Citigroup cuts price target to EUR 35 from EUR 41
     * Technip Energies NV  TE.PA : JP Morgan cuts target price to EUR 13.20 from EUR 17.50
     * Unicredit  CRDI.MI : Citigroup cuts price target to EUR 14.5 from EUR 15.7
     * Wolters Kluwer NV  WLSNc.AS : Berenberg raises target price to EUR 98 from EUR 97
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))