Europe Research Roundup: Bunzl, Relx, Rolls-Royce

Petra Diamonds

04/07/2024 07:57

July 4 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Bunzl, Relx and Rolls-Royce, on Thursday. 
    
    HIGHLIGHTS
                 * Bunzl  BNZL.L : HSBC raises to buy from hold
 
                 * Hennes & Mauritz  HMB.ST : HSBC raises to buy from hold
 
                 * Relx  REL.L : Citigroup raises target price to 3525p
 from 3300p
 
                 * Rolls-Royce  RR.L : Barclays raises target price to 495p
 from 430p
 
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
                 * Air France-KLM  AIRF.PA : Deutsche Bank cuts target price to EUR 10 from EUR
 11.5
 
                 * Anglo American Plc  AAL.L : Barclays cuts target price to 2600p from 2700p
 
                 * Antofagasta  ANTO.L : Barclays cuts target price to 1660p from 1685p
 
                 * Aperam  APAM.AS : Barclays raises target price to EUR 26 from EUR 24
 
                 * ArcelorMittal  MT.AS : Barclays cuts target price to EUR 25 from EUR 26
 
                 * Bodycote Plc  BOY.L : JP Morgan raises target price to 760p from 710p
 
                 * Boliden  BOL.ST : Barclays raises target price to SEK 415 from SEK 390
 
                 * Bunzl  BNZL.L : HSBC raises target price to 3460p from 3255p
 
                 * Bunzl  BNZL.L : HSBC raises to buy from hold
 
                 * Card Factory  CARDC.L : Berenberg initiates coverage with buy rating; target
 price 154p
 
                 * Coca-Cola Hellenic Bc AG  CCH.L : Barclays raises target price to 3100p from
 3000p
 
                 * Deutsche Lufthansa AG  LHAG.DE : Deutsche Bank cuts target price to EUR 7 from
 EUR 8
 
                 * Endeavour Mining  EDV.L : Barclays raises target price to 3400p from 3200p
 
                 * Endeavour Mining Plc  EDV.L : Morgan Stanley raises target price to 1,873p from
 1,871p
 
                 * EQT AB  EQTAB.ST : JP Morgan cuts target price to SEK 370 from SEK 374
 
                 * GEA Group AG  G1AG.DE : Citigroup raises target price to EUR 45.3 from EUR 44
 
                 * Geberit  GEBN.S : Barclays raises target price to CHF 450 from CHF 420
 
                 * Glencore  GLEN.L : Barclays cuts target price to 510p from 515p
 
                 * Great Portland Estates Plc  GPEG.L : Deutsche Bank cuts target price to 440p
 from 500p
 
                 * Hennes & Mauritz  HMB.ST : HSBC raises to buy from hold
 
                 * Hochschild Mining  HOCM.L : Barclays raises target price to 205p from 170p
 
                 * Hugo Boss  BOSSn.DE : Deutsche Bank cuts target price to EUR 70 from EUR 76
 
                 * Jde Peet’S BV  JDEP.AS : Barclays cuts target price to EUR 22.2 from EUR 26
 
                 * Jeronimo Martins  JMT.LS : Morgan Stanley raises target price to EUR 22.5 from
 EUR 22
 
                 * Keywords Studios Plc  KWS.L : Citigroup raises target price to 2450p from 2315p
 
                 * Lanxess  LXSG.DE : Deutsche Bank cuts target price to EUR 27 from EUR 29
 
                 * Man Group Plc  EMG.L : JP Morgan cuts target price to 313p from 314p
 
                 * Mercedes-Benz Group AG  MBGn.DE : Barclays cuts target price to EUR 76.5 from
 EUR 80
 
                 * Nexans  NEXS.PA : HSBC raises target price to EUR 123 from EUR 105
 
                 * Norsk Hydro  NHY.OL : Barclays raises target price to NOK 89 from NOK 85
 
                 * Oxford Nanopore Technologies Plc  ONT.L : Berenberg cuts target price to 282p
 from 350p
 
                 * Paradox Interactive AB  PDXI.ST : Barclays cuts target price to SEK 120 from
 SEK 130
 
                 * Partners Group Holding AG  PGHN.S : JP Morgan raises PT to CHF 1313 from CHF
 1308
 
                 * Pernod Ricard SA  PERP.PA : Morgan Stanley cuts target price to EUR 142 from
 EUR 152
 
                 * Petra Diamonds Ltd.  PDL.L : Barclays raises target price to 45p from 42p
 
                 * Pluxee NV  PLX.PA : Citigroup cuts target price to EUR 39 from EUR 40
 
                 * Pluxee NV  PLX.PA : JP Morgan cuts target price to EUR 34 from EUR 35
 
                 * Relx  REL.L : Citigroup raises target price to 3525p from 3300p
 
                 * Rio Tinto Plc  RIO.L : Barclays raises target price to 6150p from 6000p
 
                 * Rockwool  ROCKb.CO : Barclays raises target price to DKK 3400 from DKK 3300
 
                 * Rolls-Royce  RR.L : Barclays raises target price to 495p from 430p
 
                 * Saint-Gobain  SGOB.PA : Deutsche Bank raises target price to EUR 86 from EUR 84
 
                 * Signify NV  LIGHT.AS : Morgan Stanley cuts target price to EUR 29 from EUR 32
 
                 * Sika  SIKA.S : Barclays cuts target price to CHF 360 from CHF 365
 
                 * SSAB  SSABa.ST : Barclays cuts target price to SEK 71 from SEK 72
 
                 * Stellantis NV  STLAM.MI : JP Morgan cuts target price to EUR 23 from EUR 25
 
                 * ThyssenKrupp  TKAG.DE : Barclays cuts target price to EUR 4.4 from EUR 5
 
                 * Ubisoft  UBIP.PA : Deutsche Bank cuts target price to EUR 28 from EUR 32
 
                 * Umicore  UMI.BR : Deutsche Bank cuts target price to EUR 13 from EUR 16
 
                 * Wartsila Oyj Abp  WRT1V.HE : Morgan Stanley raises PT to EUR 15.1 from EUR 14.5
 
                 * Wolters Kluwer NV  WLSNc.AS : Deutsche Bank raises target price to EUR 130 from
 EUR 124
 
                 * YouGov Plc  YOU.L : Peel Hunt cuts target price to 630p from 1500p
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))