Europe Research Roundup: Currys, Glencore, Ipsen SA

Piraeus Bank SA

20/11/2023 07:41

Nov 20 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Currys, Glencore and Ipsen SA on Monday. 
    
    HIGHLIGHTS      
                 * Currys PLC  CURY.L : RBC raises to outperform from sector perform 
 
                 * Glencore  GLEN.L : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Ipsen SA  IPN.PA : Jefferies cuts to hold from buy
 
                 * Melexis NV  MLXS.BR : Berenberg raises to buy from hold
 
                 * National Bank of Greece  NBGr.AT : Deutsche Bank raises to buy from hold  
 
 
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
    
                 * Acciona Energia  ANE.MC : JP Morgan raises PT to EUR 33.5 from EUR 33 
 
                 * Acerinox SA  ACX.MC : Morgan Stanley raises PT to EUR 14.1 from EUR 13.6 
 
                 * Allgeier SE  AEIGn.DE : Baader Helvea cuts PT to EUR 29 from EUR 37 
 
                 * Alpha Bank  ACBr.AT : Deutsche Bank raises PT to EUR 2.15 from EUR 2 
 
                 * Aperam SA  APAM.AS : Morgan Stanley cuts PT to EUR 30 from EUR 31 
 
                 * Avolta  AVOL.S : HSBC cuts target price to CHF 57 from CHF 60 
 
                 * Babcock International  BAB.L : Berenberg raises PT to 465p from 450p 
 
                 * Bank of Georgia  BGEO.L : Peel Hunt raises target price to 4550p from 4200p 
 
                 * Currys PLC  CURY.L : RBC raises target price to 70p from 60p 
 
                 * Currys PLC  CURY.L : RBC raises to outperform from sector perform 
 
                 * Delivery Hero SE  DHER.DE : Jefferies cuts PT to EUR 68 from EUR 87 
 
                 * Encavis AG  ECVG.DE : Barclays cuts target price to EUR 14 from EUR 17 
 
                 * Eurobank  EURBr.AT : Deutsche Bank raises PT to EUR 2.4 from EUR 2.05 
 
                 * Flutter Entertainment PLC  FLTRF.L : JP Morgan cuts PT to 15,700p from 17,100p 
 
                 * Focusrite PLC  TUNE.L : Peel Hunt cuts target price to 606p from 1500p 
 
                 * Glencore  GLEN.L : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Hellofresh SE  HFGG.DE : Berenberg cuts target price to EUR 31 from EUR 41 
 
                 * Henkel AG & Co KGaA  HNKG_p.DE : HSBC raises PT to EUR 87 from EUR 84 
 
                 * IAG  ICAG.L : RBC raises target price to 200p from 195p 
 
                 * Iberdrola  IBE.MC : HSBC cuts target price to EUR 12.4 from EUR 12.7 
 
                 * Ids  IDSI.L : JP Morgan cuts target price to 300p from 310p 
 
                 * Imperial Brands  IMB.L : JP Morgan cuts PT to 2,250p from 2,350p 
 
                 * Inditex SA  ITX.MC : Barclays raises target price to EUR 32 from EUR 30 
 
                 * Ipsen SA  IPN.PA : Jefferies cuts to hold from buy
 
                 * Ipsen SA  IPN.PA : Jefferies cuts target price to EUR 116 from EUR 130 
 
                 * Johnson Matthey  JMAT.L : JP Morgan cuts target price to 1460p from 2000p 
 
                 * K+S  SDFGn.DE : Berenberg cuts target price to EUR 20 from EUR 22 
 
                 * Lse  LSEG.L : Berenberg raises target price to 10,400p from 10,000p 
 
                 * Lse  LSEG.L : Morgan Stanley raises target price to 10,629p from 10,209p 
 
                 * Melexis NV  MLXS.BR : Berenberg raises to buy from hold
 
                 * Melexis NV  MLXS.BR : Berenberg raises target price to EUR 100 from EUR 95 
 
                 * National Bank of Greece  NBGr.AT : Deutsche Bank raises PT to EUR 8.3 from EUR 7.1 
 
                 * National Bank of Greece  NBGr.AT : Deutsche Bank raises to buy from hold 
 
                 * Ocado  OCDO.L : Jefferies cuts target price to 575p from 750p 
 
                 * Outokumpu Oyj  OUT1V.HE : Morgan Stanley cuts PT to EUR 4.8 from EUR 5.2 
 
                 * Permanent Tsb  PTSB.I : Deutsche Bank cuts PT to EUR 2 from EUR 2.5 
 
                 * Piraeus Bank  BOPr.AT : Deutsche Bank raises PT to EUR 3.95 from EUR 3.3 
 
                 * Qinetiq Group PLC  QQ.L : JP Morgan cuts target price to 390p from 420p 
 
                 * Saint-Gobain  SGOB.PA : Morgan Stanley raises PT to EUR 76 from EUR 75 
 
                 * Santander  SAN.MC : RBC raises target price to EUR 4.60 from EUR 4.30 
 
                 * Siemens AG  SIEGn.DE : Barclays raises target price to EUR 124 from EUR 122 
 
                 * Siemens AG  SIEGn.DE : Deutsche Bank raises PT to EUR 188 from EUR 185 
 
                 * Soitec SA  SOIT.PA : Berenberg cuts target price to EUR 195 from EUR 200 
 
                 * Solaria  SLRS.MC : Berenberg raises target price to EUR 21 from EUR 20 
 
                 * Standard Chartered PLC  STAN.L : Goldman Sachs cuts PT to 868p from 879p 
 
                 * Standard Chartered PLC  STAN.L : Goldman Sachs raises to buy from neutral 
 
                 * Swiss Re  SRENH.S : Deutsche Bank raises target price to CHF 96 from CHF 92 
 
                 * Talanx  TLXGn.DE : Deutsche Bank raises target price to EUR 58 from EUR 56 
 
                 * UCB SA  UCB.BR : Barclays cuts target price to EUR 117 from EUR 125 
 
                 * Umg  UMG.AS : HSBC cuts target price to EUR 17.7 from EUR 18.2 
 
                 * Unicredit  CRDI.MI : Berenberg raises target price to EUR 34 from EUR 31 
 
                 * WH Smith  SMWH.L : HSBC cuts target price to 1770p from 2000p 
 
                 * Worldline SA  WLN.PA : Goldman Sachs cuts to neutral from buy 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))