Europe Research Roundup: Abrdn European Logistics Income, Danske Bank, Victrex

Pod Point group

23/05/2023 08:20

May 23 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Abrdn European Logistics Income, Danske Bank and Victrex,
on Tuesday. 
    
    HIGHLIGHTS
                 * Abrdn European Logistics Income Plc  ASLI.L : RBC cuts to sector perform from
 outperform 
 
                 * Danske Bank  DANSKE.CO : JP Morgan raises to neutral from underweight     
 
                 * Victrex Plc  VCTX.L : Jefferies cuts target price to 1590p from 1900p 
 
             
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
                 * Abrdn European Logistics Income Plc  ASLI.L : RBC cuts to sector perform from outperform 
 
                 * Arkema SA  AKE.PA : HSBC cuts target price to EUR 114 from EUR 117 
 
                 * BT  BT.L : Berenberg cuts target price to GBP 1.50 from GBP 1.60 
 
                 * Convatec Group Plc  CTEC.L : Credit Suisse raises target price to 225p from 220p 
 
                 * Danske Bank  DANSKE.CO : JP Morgan raises target price to DKK 180 from DKK 150 
 
                 * Danske Bank  DANSKE.CO : JP Morgan raises to neutral from underweight 
 
                 * Evonik Industries AG  EVKn.DE : HSBC cuts target price to EUR 19 from EUR 20 
 
                 * Future Plc  FUTR.L : Peel Hunt cuts target price to 1450p from 2300p 
 
                 * Ilika Plc  IKA.L : Berenberg cuts target price to 120p from 125p 
 
                 * Merck KGaA  MRCG.DE : Jefferies cuts target price to EUR 190 from EUR 205 
 
                 * Mitchells & Butlers  MAB.L : JP Morgan raises target price to 213p from 180p 
 
                 * Ninety One  N91.L : HSBC cuts target price to 215p from 250p 
 
                 * Ocado  OCDO.L : Peel Hunt cuts target price to 548p from 1062p after updating model to reflect new reporting
 segments defined by ocado 
                 * Pod Point Group Holdings Plc  PODP.L : Peel Hunt starts with buy rating and 120p PT 
 
                 * Premier Foods Plc  PFD.L : Jefferies raises target price to 175p from 140p 
 
                 * Temenos AG  TEMN.S : Jefferies raises target price to CHF 70 from CHF 66 
 
                 * Victrex Plc  VCTX.L : Jefferies cuts target price to 1590p from 1900p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))