Europe Research Roundup: Air France-KLM, Burberry, Wise

Orion Oyj

25/09/2024 08:20

Sept 25 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies including Air France-KLM, Burberry and Wise on Wednesday.
    
    HIGHLIGHTS  
    
     * Air France-KLM  AIRF.PA : JP Morgan raises to overweight from underweight
     * Burberry  BRBY.L : JP Morgan cuts target price to 650p from 800p
     * Helvetia Holding  HELN.S : JP Morgan places stock on its positive catalyst watch list
     * Orion Oyj  ORNBV.HE : Jefferies raises to buy from hold
     * Wise Plc  WISEa.L : Barclays cuts target price to 900p from 1000p
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
    
     * Accor SA  ACCP.PA : Morgan Stanley raises target price to EUR 48 from EUR 47
     * Air France-KLM  AIRF.PA : JP Morgan raises to overweight from underweight
     * Air France-KLM  AIRF.PA : JP Morgan raises target price to EUR 12 from EUR 8.60
     * Ariston Holding  ARIS.MI : HSBC cuts target price to EUR 5.7 from EUR 6.6
     * Ariston Holding NV  ARIS.MI : Morgan Stanley cuts target price to EUR 3.7 from EUR 3.8
     * Auto1 Group SE  AG1G.DE : Morgan Stanley raises target price to EUR 8.4 from EUR 6.5
     * Baloise Holding AG  BALN.S : JP Morgan initiates coverage with underweight rating; PT CHF 155
     * Beiersdorf AG  BEIG.DE : Jefferies cuts target price to EUR 158 from EUR 162
     * Burberry  BRBY.L : JP Morgan cuts target price to 650p from 800p
     * DSM-Firmenich AG  DSFIR.AS : Jefferies raises target price to EUR 135 from EUR 132
     * Electrolux  ELUXb.ST : Barclays raises target price to SEK 87 from SEK 83
     * Helvetia Holding  HELN.S : JP Morgan initiates coverage with overweight rating; PT CHF 170
     * Helvetia Holding  HELN.S : JP Morgan places stock on its positive catalyst watch list
     * Hexagon  HEXAb.ST : Stifel initiates coverage with buy rating; target price SEK 130
     * Huhtamaki  HUH1V.HE : Barclays cuts target price to EUR 42 from EUR 44
     * IMCD NV  IMCD.AS : JP Morgan cuts target price to EUR 174 from EUR 185
     * Ithaca Energy Plc  ITH.L : Morgan Stanley cuts target price to 127p from 150p
     * Johnson Matthey Plc  JMAT.L : HSBC cuts target price to 1600p from 1800p
     * Kering  PRTP.PA : JP Morgan cuts target price to EUR 265 from EUR 285
     * KPN  KPN.AS : Citigroup raises target price to EUR 3.80 from EUR 3.55
     * Mediaforeurope  MFEA.MI : Barclays raises target price to EUR 3.1 from EUR 2.9
     * MFE-MEDIAFOREUROPE NV  MFEB.MI : Barclays raises target price to EUR 4.3 from EUR 4
     * Orion Oyj  ORNBV.HE : Jefferies raises target price to EUR 63 from EUR 46
     * Orion Oyj  ORNBV.HE : Jefferies raises to buy from hold
     * Redeia  REDE.MC : Barclays raises target price to EUR 20.5 from EUR 19.5
     * Ryanair  RYA.I : JP Morgan raises target price to EUR 18.50 from EUR 18
     * SKF  SKFb.ST : Barclays cuts target price to SEK 241 from SEK 244
     * Swiss Life Holding AG  SLHN.S : JP Morgan reinstates coverage with neutral rating; PT CHF 720
     * Telia  TELIA.ST : Berenberg raises target price to SEK 29 from SEK 28
     * Totalenergies SE  TTEF.PA : RBC raises target price to EUR 80 from EUR 75
     * Wise Plc  WISEa.L : Barclays cuts target price to 900p from 1000p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))