Europe Research Roundup: Frontier Developments, Natwest Group, Team17 Group

Paradox Interactive AB (publ)

11/12/2020 07:05

Dec 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Frontier Developments Plc, Natwest Group Plc and Team17 Group Plc,
on Friday. 
    
    HIGHLIGHTS
     * Frontier Developments Plc  FDEV.L : Jefferies cuts to hold from buy 
     * Hellofresh SE  HFGG.DE : JP Morgan raises to neutral from underweight
     * Natwest Group Plc  NWG.L : JP Morgan cuts to neutral from overweight 
     * Paradox Interactive AB (Publ)  PDXI.ST : Jefferies cuts to hold from buy 
     * Team17 Group Plc  TM17.L : Jefferies cuts to underperform from hold 
                      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Adecco Group AG  ADEN.S : Jefferies raises price target to CHF 56 from CHF 52 
     * Aegon NV  AEGN.AS : Citigroup raises price target to EUR 3.12 from EUR 2.6 
     * BBVA  BBVA.MC : Citigroup raises price target to EUR 4.65 from EUR 3.4 
     * Big Yellow Group Plc  BYG.L : RBC raises price target to 925p from 825p 
     * CRH Plc  CRH.L : Citigroup cuts price target to 3570p from 3640p 
     * Electrocomponents Plc  ECM.L : JP Morgan raises target price to 799p from 738p 
     * Frontier Developments Plc  FDEV.L : Jefferies cuts to hold from buy 
     * Hays  HAYS.L : Jefferies raises price target to 155p from 147p 
     * Heidelbergcement AG  HEIG.DE : Citigroup raises price target to EUR 72 from EUR 64 
     * Hellofresh SE  HFGG.DE : JP Morgan raises to neutral from underweight
     * Hellofresh SE  HFGG.DE : JP Morgan raises target price to EUR 55 from EUR 35 
     * Keywords Studios Plc  KWS.L : Citigroup raises price target to 2455p from 2400p 
     * Keywords Studios Plc  KWS.L : Jefferies raises price target to 2733p from 2555p 
     * Lse  LSE.L : Citigroup cuts price target to 10200p from 10400p 
     * Mail Ru Group  MAILRq.L : VTB Capital increases target by 29% to USD 45; buy reiterated 
     * Natwest Group Plc  NWG.L : JP Morgan cuts to neutral from overweight 
     * Paradox Interactive AB (Publ)  PDXI.ST : Jefferies cuts target to SEK 275 from SEK 338 
     * Paradox Interactive AB (Publ)  PDXI.ST : Jefferies cuts to hold from buy 
     * Team17 Group Plc  TM17.L : Jefferies cuts to underperform from hold 
     * Tod's SpA  TOD.MI : Citigroup raises price target to EUR 31 from EUR 23.5 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))