Europe Research Roundup: AXA, HSBC, Petrofac

Petrofac

22/12/2023 06:50

Dec 22 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including AXA, HSBC and Petrofac, on Friday. 
    
    HIGHLIGHTS  
        
  
                 * AXA  AXAF.PA : Berenberg raises target price to EUR 37.3 from EUR 33.5 
 
                 * HSBC  HSBA.L : Citigroup cuts target price to 880p from 940p 
 
                 * Petrofac  PFC.L : Peel Hunt reinstates coverage with hold rating; price
 target 40p 
 
 
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
    
                 * AXA  AXAF.PA : Berenberg raises target price to EUR 37.3 from EUR 33.5 
 
                 * Convatec Group Plc  CTEC.L : Peel Hunt cuts target price to 245p from 250p
 
                 * HSBC  HSBA.L : Citigroup cuts target price to 880p from 940p 
 
                 * M&G  MNG.L : Berenberg raises target price to 225p from 208p 
 
                 * Petrofac  PFC.L : Peel Hunt reinstates coverage with hold rating; price
 target 40p 
 
                 * Standard Chartered Plc  STAN.L : Citigroup cuts target price to 675p from
 750p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))