Europe Research Roundup: Allianz SE, Halma, ITM Power Plc

Orion Oyj

26/02/2024 07:32

Feb 26 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Allianz SE, Halma and ITM Power Plc, on Monday. 
    
    HIGHLIGHTS
                 * Allianz SE  ALVG.DE : JP Morgan raises target price to EUR 275 from EUR 270
 
                 * Halma  HLMA.L : HSBC cuts to hold from buy    
 
                 * ITM Power Plc  ITM.L : Jefferies raises to buy from hold
 
                 * Nel ASA  NEL.OL : Jefferies cuts to hold from buy
 
                 * Orion Oyj  ORNBV.HE : Jefferies cuts to underperform from hold            
 
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
                 * Accor  ACCP.PA : JP Morgan raises target price to EUR 44 from EUR 38
 
                 * Air Liquide SA  AIRP.PA : HSBC raises target price to EUR 183 from EUR 170
 
                 * Allianz SE  ALVG.DE : JP Morgan raises target price to EUR 275 from EUR 270
 
                 * Beazley  BEZG.L : Jefferies raises target price to 915p from 850p
 
                 * Ceres Power Holdings Plc  CWR.L : Jefferies cuts target price to 190p from 365p
 
                 * Halma  HLMA.L : HSBC cuts to hold from buy
 
                 * Halma  HLMA.L : HSBC raises target price to 2500p from 2400p
 
                 * Irish Residential Properties REIT Plc  IRES.I : TD Securities cuts PT to EUR 1.05 from EUR 1.1
 
                 * ITM Power Plc  ITM.L : Jefferies cuts target price to 80p from 105p
 
                 * ITM Power Plc  ITM.L : Jefferies raises to buy from hold
 
                 * IWG Plc  IWG.L : HSBC raises target price to 245p from 180p
 
                 * Jde Peet'S  JDEP.AS : HSBC cuts target price to EUR 24.7 from EUR 26.3
 
                 * Jet2 Plc  JET2.L : HSBC raises target price to 1980p from 1860p
 
                 * Mercedes Benz Group AG  MBGn.DE : HSBC raises target price to EUR 85 from EUR 82
 
                 * Nel ASA  NEL.OL : Jefferies cuts target price to NOK 5.5 from NOK 20
 
                 * Nel ASA  NEL.OL : Jefferies cuts to hold from buy
 
                 * Orion Oyj  ORNBV.HE : Jefferies cuts target price to EUR 28 from EUR 35
 
                 * Orion Oyj  ORNBV.HE : Jefferies cuts to underperform from hold
 
                 * Powercell Sweden AB (Publ)  PCELL.ST : Jefferies cuts target price to SEK 36 from SEK 135
 
                 * Roche Holding AG  ROG.S : Jefferies cuts target price to CHF 250 from CHF 275
 
                 * Standard Chartered Plc  STAN.L : JP Morgan raises target price to 850p from 820p
 
                 * Telenor ASA  TEL.OL : JP Morgan raises target price to NOK 165 from NOK 160
 
                 * Vgp NV  VGP1.BR : JP Morgan raises target price to EUR 95 from EUR 85
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))