Europe Research Roundup: Anglo American, Burberry Group, DR Martens

Renew Holdings

06/06/2023 08:24

June 6 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Anglo American, Burberry Group and DR Martens on Tuesday. 

    HIGHLIGHTS
                 * Aib Group Plc  A5G.F : Morgan Stanley cuts to underweight from equal-weight 
 
                 * Anglo American  AAL.L : RBC raises to outperform from sector perform
 
                 * Burberry Group  BRBY.L : HSBC raises to hold from reduce 
 
                 * Central Asia Metals Plc  CAML.L : RBC raises to outperform from sector perform 
 
                 * DR Martens Plc  DOCS.L : Peel Hunt cuts to hold from add 
 
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order. 

                 * Aib Group Plc  A5G.F : Morgan Stanley cuts to underweight from equal-weight 
 
                 * Anglo American  AAL.L : RBC raises to outperform from sector perform
 
                 * Anglo American  AAL.L : RBC raises target price to 2700p from 2500p 
 
                 * Anheuser Busch Inbev SA  ABI.BR : Bernstein cuts target price to EUR 67 from EUR 68 
 
                 * Asos Plc  ASOS.L : Berenberg cuts target price to 940p from 1000p 
 
                 * Auto Trader  AUTOA.L : Credit Suisse raises target price to 473p from 405p 
 
                 * B&M  BMEB.L : Credit Suisse raises target price to 530p from 425.31p 
 
                 * Bank of Ireland Group Plc  BIRG.I : Morgan Stanley cuts target to EUR 10.4 from EUR
 11.2 
 
                 * Bankinter SA  BKT.MC : Morgan Stanley cuts target price to EUR 6.5 from EUR 7.6 
 
                 * Big Yellow Group Plc  BYG.L : RBC raises target price to 1125p from 1100p 
 
                 * Burberry Group  BRBY.L : HSBC raises to hold from reduce 
 
                 * Central Asia Metals Plc  CAML.L : RBC raises to outperform from sector perform 
 
                 * Diageo  DGE.L : Jefferies cuts target price to 3600p from 3800p 
 
                 * DR Martens Plc  DOCS.L : Peel Hunt cuts target price to 150p from 250p 
 
                 * DR Martens Plc  DOCS.L : Peel Hunt cuts to hold from add 
 
                 * Future Plc  FUTR.L : JP Morgan cuts target price to 1845p from 2040p 
 
                 * Lotus Bakeries NV  LOTB.BR : Berenberg raises target price to EUR 7000 from EUR 6800 
 
                 * Renew Holdings Plc  RNWH.L : Berenberg starts with buy rating; target price 950p 
 
                 * RWE AG  RWEG.DE : Berenberg raises target price to EUR 57 from EUR 53 
 
                 * Sabadell  SABE.MC : Morgan Stanley cuts target price to EUR 1.15 from EUR 1.3 
 
                 * Swedish Orphan Biovitrum  SOBIV.ST : Morgan Stanley raises PT to SEK 280 from SEK 270 
 
                 * Swedish Orphan Biovitrum  SOBIV.ST : Morgan Stanley ups to overweight from equal-weight
 
                 * Unicaja Banco SA  UNI.MC : Morgan Stanley cuts target price to EUR 1.05 from EUR 1.1 
 
                 * UPM-Kymmene Oyj  UPM.HE : Jefferies raises to buy from hold
 
                 * UPM-Kymmene Oyj  UPM.HE : Jefferies raises target price to EUR 34.70 from EUR 33.25 
 
                 * Ypsomed Holding AG  YPSN.S : Credit Suisse raises target price to CHF 295 from CHF 260 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))