Europe Research Roundup: Adecco Group, Berkeley Group, Diageo

Randstad NV

05/12/2024 07:12

Dec 5 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Adecco Group, Berkeley Group and Diageo, on Thursday. 
    
    HIGHLIGHTS  
                 * Adecco Group AG  ADEN.S : JP Morgan reinstates coverage with underweight rating
 
                 * Berkeley Group  BKGH.L : JP Morgan cuts target price to 4700p from 5000p
 
                 * Crest Nicholson Holdings Plc  CRST.L : JP Morgan raises to neutral from underweight
 
                 * Diageo  DGE.L : Jefferies raises to buy from hold
 
                 * Teleperformance SE  TEPRF.PA : JP Morgan raises to neutral from underweight
 
        
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are
in alphabetical order.
        
                 * Adecco Group AG  ADEN.S : JP Morgan reinstates coverage with underweight rating
 
                 * Adecco Group AG  ADEN.S : JP Morgan reinstates coverage with price target CHF 21.20
 
                 * BAWAG Group  BAWG.VI : HSBC raises target price to EUR 111 from EUR 88
 
                 * Bellway Plc  BWY.L : JP Morgan raises to overweight from neutral
 
                 * Berkeley Group  BKGH.L : JP Morgan cuts target price to 4700p from 5000p
 
                 * British Land  BLND.L : Berenberg cuts target price to 480p from 500p
 
                 * Bureau Veritas  BVI.PA : JP Morgan raises target price to EUR 31.20 from EUR 30.60
 
                 * Convatec Group Plc  CTEC.L : Peel Hunt raises target price to 260p from 225p
 
                 * Crest Nicholson Holdings Plc  CRST.L : JP Morgan raises target price to 190p from 180p
 
                 * Crest Nicholson Holdings Plc  CRST.L : JP Morgan raises to neutral from underweight
 
                 * Diageo  DGE.L : Jefferies raises target price to 2,800p from 2,300p
 
                 * Diageo  DGE.L : Jefferies raises to buy from hold
 
                 * Digital Bros SpA  DIB.MI : Stifel cuts target price to EUR 19 from EUR 34
 
                 * Erste Group Bank  ERST.VI : HSBC raises target price to EUR 71 from EUR 70
 
                 * Intertek  ITRK.L : JP Morgan raises target price to 5500p from 5400p
 
                 * Intertek  ITRK.L : JP Morgan raises to overweight from neutral
 
                 * Land Securities  LAND.L : Berenberg cuts target price to 746p from 755p
 
                 * Pan African Resources Plc  PAFR.L : Peel Hunt raises target price to 44p from 40p
 
                 * Persimmon  PSN.L : JP Morgan cuts target price to 1520p from 1640p
 
                 * Playa Hotels & Resorts NV  PLYA.O : Truist Securities raises PT to $13 from $10
 
                 * Randstad NV  RAND.AS : JP Morgan reinstates coverage with neutral rating
 
                 * Randstad NV  RAND.AS : JP Morgan reinstates coverage with price target EUR 42
 
                 * Rio Tinto  RIO.L : RBC cuts target price to 5,400p from 5,500p
 
                 * Sage Group Plc  SGE.L : HSBC raises target price to 1465p from 1290p
 
                 * Securitas AB  SECUb.ST : JP Morgan reinstates coverage with neutral rating; PT SEK 150
 
                 * Serco Group Plc  SRP.L : JP Morgan cuts target price to 185p from 200p
 
                 * Spie SA  SPIE.PA : JP Morgan cuts target price to EUR 39 from EUR 43
 
                 * Taylor Wimpey  TW.L : JP Morgan cuts target price to 150p from 170p
 
                 * Taylor Wimpey  TW.L : JP Morgan cuts to neutral from overweight
 
                 * Teleperformance SE  TEPRF.PA : JP Morgan raises to neutral from underweight
 
                 * Treatt Plc  TET.L : Jefferies cuts target price to 650p from 750p
 
                 * Victrex Plc  VCTX.L : HSBC cuts target price to 1100p from 1300p
 
                 * Vistry Group Plc  VTYV.L : JP Morgan cuts target price to 690p from 830p
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))