Europe Research Roundup: H&M, Tesco, Wolters Kluwer

Orior AG

27/02/2020 07:22

Feb 27 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including H&M, Tesco and Wolters Kluwer on Thursday. 
    
    HIGHLIGHTS
     * H&M  HMb.ST : JP Morgan raises to overweight from underweight
     * Tesco  TSCO.L : Credit Suisse initiates with underperform rating and 216p target price
     * Wolters Kluwer NV  WLSNc.AS : JP Morgan raises to neutral from underweight
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
     * AB Foods  ABF.L : RBC cuts price target to 2,700p from 2,850p
     * Asmi  ASMI.AS : Credit Suisse raises target price to EUR 129 from EUR 128.5
     * Avast Plc  AVST.L : Credit Suisse cuts target price to 465p from 480p
     * Boliden AB  BOL.ST : Citigroup cuts price target to SEK 225 from SEK 260
     * Danone  DANO.PA : Citigroup cuts price target to EUR 80 from EUR 85
     * Elekta AB  EKTAb.ST : JP Morgan raises target price to SEK 118 from SEK 110
     * FMC AG  FMEG.DE : JP Morgan raises target price to EUR 90.80 from EUR 78.70
     * H&M  HMb.ST : JP Morgan raises to overweight from underweight
     * H&M  HMb.ST : JP Morgan raises target price to SEK 225 from SEK 115
     * H&M  HMb.ST : RBC cuts price target to SEK 220 from SEK 240
     * HSBC  HSBA.L : Citigroup cuts price target to 500p from 510p
     * Inditex  ITX.MC : RBC cuts price target to EUR 34 from EUR 35
     * JTC Plc  JTC.L : Citigroup raises price target to 515p from 430p
     * LPKF  LPKG.DE : HSBC raises to buy from reduce; raises target price to EUR 33 from EUR 16
     * Ocado  OCDO.L : Credit Suisse initiates with underperform rating and 932p target price
     * Orior AG  ORON.S : Credit Suisse raises target price to CHF 90 from CHF 85
     * Sainsbury  SBRY.L : Credit Suisse initiates with outperform rating and 280p target price
     * Sanne Group Plc  SNNS.L : Citigroup raises price target to 700p from 600p
     * SIG Plc  SHI.L : Citigroup cuts price target to 73p from 92p
     * Taylor Wimpey  TW.L : Peel Hunt raises target price to 230p from 215p
     * Tesco  TSCO.L : Credit Suisse initiates with underperform rating and 216p target price
     * Vallourec  VLLP.PA : Jefferies cuts target price to EUR 2.15 from EUR 2.75
     * Verallia Sas  VRLA.PA : Citigroup raises price target to EUR 35.6 from EUR 33
     * Weir Group Plc  WEIR.L : Credit Suisse cuts target price to 1500p from 1550p
     * William Hill Plc  WMH.L : Citigroup cuts price target to 275p from 290p
     * WM Morrison  MRW.L : Credit Suisse initiates with outperform rating and 225p target price
     * Wolters Kluwer NV  WLSNc.AS : Citigroup raises price target to EUR 49.45 from EUR 45
     * Wolters Kluwer NV  WLSNc.AS : JP Morgan raises to neutral from underweight
     * Wolters Kluwer NV  WLSNc.AS : JP Morgan raises target price to EUR 70 from EUR 65
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))