Europe Research Roundup: H&M, Moneysupermarket.com, Puma

Rational AG

10/10/2022 07:51

Oct 10 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including H&M, Moneysupermarket.com and Puma, on Monday. 
    HIGHLIGHTS  
     * H&M  HMb.ST : RBC cuts to sector perform from outperform
     * Moneysupermarket.com  MONY.L : RBC raises to outperform from sector perform
     * Puma SE  PUMG.DE : Credit Suisse cuts target price to EUR 66 from EUR 81
 Following is a summary of research actions on European companies reported by Reuters on Monday. Stock
entries are in alphabetical order.
     * Abrdn Plc  ABDN.L : Credit Suisse cuts target price to 140p from 150p
     * Amundi SA  AMUN.PA : Credit Suisse cuts target price to EUR 51 from EUR 60
     * Andritz AG  ANDR.VI : JP Morgan raises target price to EUR 61 from EUR 60
     * Avanza Bank  AVANZ.ST : JP Morgan raises target price to SEK 142 from SEK 140
     * Brooks MacDonald Group Plc  BRK.L : RBC cuts target price to 2250p from 2350p
     * Caixabank  CABK.MC : Credit Suisse raises target price to EUR 4.2 from EUR 3.9
     * DWS Group Gmbh & Co KGaA  DWSG.DE : Credit Suisse cuts PT to EUR 28.4 from EUR 28.8
     * Fevertree Drinks Plc  FEVR.L : HSBC raises target price to 800p from 780p
     * Fevertree Drinks Plc  FEVR.L : HSBC raises to hold from reduce
     * H&M  HMb.ST : RBC cuts to sector perform from outperform
     * Hargreaves Lansdown  HRGV.L : JP Morgan raises target price to 780p from 770p
     * Hermes  HRMS.PA : JP Morgan raises target price to EUR 1,350 from EUR 1,250
     * Holcim AG  HOLN.S : Jefferies cuts target price to CHF 44.5 from CHF 45.3
     * Moneysupermarket.com  MONY.L : RBC raises to outperform from sector perform
     * Moneysupermarket.com  MONY.L : RBC raises target price to 250p from 230p
     * MTU Aero Engines AG  MTXGn.DE : JP Morgan cuts target price to EUR 240 from EUR 260
     * Munters Group AB  MTRS.ST : Berenberg initiates with buy rating and SEK 95 price target
     * Nordnet AB (Publ)  SAVE.ST : JP Morgan raises target price to SEK 143 from SEK 137
     * Ontex Group NV  ONTEX.BR : Credit Suisse cuts target price to EUR 6.5 from EUR 7.8
     * Pandora A/S  PNDORA.CO : HSBC cuts target price to DKK 540 from DKK 730
     * Pennon Group Plc  PNN.L : Credit Suisse cuts target price to 890p from 950p
     * Puma SE  PUMG.DE : Credit Suisse cuts target price to EUR 66 from EUR 81
     * Rational AG  RAAG.DE : Baader Helvea raises to add from reduce
     * Rational AG  RAAG.DE : Baader Helvea cuts target price to EUR 590 from EUR 635
     * RS Group Plc  RS1R.L : JP Morgan cuts to neutral from overweight
     * RS Group Plc  RS1R.L : JP Morgan cuts target price to 1050p from 1250p
     * Santander  SAN.MC : Credit Suisse raises target price to EUR 4.1 from EUR 4
     * Schroders  SDR.L : Credit Suisse cuts target price to 480p from 560p
     * Straumann Holding AG  STMN.S : Credit Suisse cuts target price to CHF 140 from CHF 165
     * Telefonica Deutschland  O2Dn.DE : Jefferies cuts target price to EUR 2.1 from EUR 2.53
     * Vestas  VWS.CO : JP Morgan cuts target price to DKK 127 from DKK 143
     * Victrex Plc  VCTX.L : JP Morgan cuts target price to 2,300p from 2,800p
     * Vodafone  VOD.L : Berenberg cuts target price to 115p from 135p
     * Wolters Kluwer NV  WLSNc.AS : Credit Suisse raises target price to EUR 116 from EUR 115
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))