Europe Research Roundup: Credit Agricole, Hermes, Whitbread

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12/06/2024 08:15

June 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Credit
Agricole, Hermes and Whitbread, on Wednesday.
    
    HIGHLIGHTS
    
                 * Credit Agricole  CAGR.PA : Jefferies raises to buy from hold
 
                 * Flutter Entertainment Plc  FLTRF.L : JP Morgan cuts target price to 20,700p from 21,300p
 
                 * Hermes  HRMS.PA : Barclays cuts target price to EUR 2320 from EUR 2410
 
                 * Renew Holdings Plc  RNWH.L : Berenberg raises target price to 1,250p from 1,200p
 
                 * Whitbread  WTB.L : Jefferies cuts target price to 4000p from 4200p
 
      
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
See bottom of the table for sector changes.
   
                 * Aixtron SE  AIXGn.DE : Jefferies cuts target price to EUR 40 from EUR 50
 
                 * BNP Paribas  BNPP.PA : Jefferies raises target price to EUR 95.6 from EUR 88
 
                 * Credit Agricole  CAGR.PA : Jefferies raises target price to EUR 21.6 from EUR 13.4
 
                 * Credit Agricole  CAGR.PA : Jefferies raises to buy from hold
 
                 * Flutter Entertainment Plc  FLTRF.L : JP Morgan cuts target price to 20,700p from
 21,300p
 
                 * GB Group Plc  GBGP.L : Barclays raises target price to 350p from 300p
 
                 * GB Group Plc  GBGP.L : Jefferies raises target price to 395p from 370p
 
                 * GB Group Plc  GBGP.L : Liberum raises target price to 440p from 415p
 
                 * Geberit AG  GEBN.S : Morgan Stanley cuts target price to CHF 427 from CHF 440
 
                 * Hannover Re  HNRGn.DE : Morgan Stanley cuts target price to EUR 252 from EUR 253
 
                 * Hermes  HRMS.PA : Barclays cuts target price to EUR 2320 from EUR 2410
 
                 * ING Groep NV  INGA.AS : RBC raises target price to EUR 18 from EUR 17
 
                 * Munich Re Group  MUVGn.DE : Morgan Stanley raises target price to EUR 525 from EUR
 501
 
                 * Pandora  PNDORA.CO : Citigroup raises target price to DKK 1,331 from DKK 1,330
 
                 * Remy Cointreau SA  RCOP.PA : Morgan Stanley cuts target price to EUR 80 from EUR 82
 
                 * Renault  RENA.PA : HSBC raises target price to EUR 63 from EUR 57
 
                 * Renew Holdings Plc  RNWH.L : Berenberg raises target price to 1,250p from 1,200p
 
                 * Societe Generale SA  SOGN.PA : Jefferies raises target price to EUR 45.9 from EUR
 31
 
                 * St. James's Place  SJP.L : Peel Hunt reinstates coverage with buy rating; PT 750p
 
                 * Swiss Re AG  SRENH.S : Morgan Stanley raises target price to CHF 113 from CHF 109
 
                 * UCB SA  UCB.BR : Jefferies raises target price to EUR 152 from EUR 122
 
                 * Whitbread  WTB.L : Jefferies cuts target price to 4000p from 4200p
 
                 * Xior Student Housing NV  XIOR.BR : Berenberg cuts target price to EUR 36 from EUR
 39
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))