Europe Research Roundup: Purplebricks Group Plc, Richter, Severn Trent

Richter Gedeon Vegyeszeti Gyar Nyrt

13/08/2020 07:58

Aug 13 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Purplebricks Group Plc, Richter and Severn Trent on Thursday. 
    
  HIGHLIGHTS  
     * Purplebricks Group Plc  PURP.L : UBS raises to buy from neutral
     * Richter  GDRB.BU : Jefferies raises price target to HUF 8,150 from HUF 8,000
     * Severn Trent  SVT.L : HSBC raises target price to 2550p from 2450p
     * Vestas  VWS.CO : Berenberg initiates coverage with buy rating and price target DKK 1050
       
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
    
     * 3I Group  III.L : Citigroup raises price target to 1097p from 974p
     * A.P. Moller-Maersk  MAERSKb.CO : JP Morgan raises target to DKK 10,219 from DKK 7,965
     * ABN Amro Bank NV  ABNd.AS : Credit Suisse raises target price to EUR 9.5 from EUR 8
     * ABN Amro Bank NV  ABNd.AS : RBC raises target price to EUR 9.50 from EUR 8
     * Air Liquide  AIRP.PA : JP Morgan raises price target to EUR 130 from EUR 110
     * Alk-Abello A/S  ALKb.CO : Jefferies raises price target to DKK 1,910 from DKK 1,840
     * Avast  AVST.L : Jefferies raises target price to 685p from 648p
     * Bank of Ireland Group Plc  BIRG.I : HSBC raises target price to EUR 3.1 from EUR 2.8
     * Bechtle AG  BC8G.DE : Jefferies raises price target to EUR 159 from EUR 122
     * BT  BT.L : Credit Suisse cuts target price to 180p from 190p
     * BT  BT.L : Jefferies cuts price target to 165p from 220p
     * Bunzl  BNZL.L : Jefferies raises price target to 2,900p from 2,000p
     * Deutz AG  DEZG.DE : HSBC raises target price to EUR 6.2 from EUR 6
     * Glanbia Plc  GL9.I : Citigroup cuts price target to EUR 10 from EUR 10.6
     * John Laing  JLG.L : HSBC cuts target price to 330p
     * Jungheinrich AG  JUNG_p.DE : Citigroup raises price target to EUR 27.5 from EUR 15.8
     * Lonza Group AG  LONN.S : Credit Suisse raises target price to CHF 600 from CHF 400
     * Lse  LSE.L : Credit Suisse raises price target to 9030p from 8500p
     * M&G  MNG.L : Citigroup raises price target to 157p from 146p
     * Pennon Group Plc  PNN.L : HSBC cuts target price to 1200p from 1300p
     * Petrofac  PFC.L : HSBC cuts target price to 160p from 175p
     * Petrofac  PFC.L : Jefferies raises target price to 200p from 190p
     * Purplebricks Group Plc  PURP.L : UBS raises to buy from neutral
     * Purplebricks Group Plc  PURP.L : UBS raises target price to 100p from 44p
     * Rentokil  RTO.L : HSBC raises target price to 575p from 390p
     * Richter  GDRB.BU : Jefferies raises price target to HUF 8,150 from HUF 8,000
     * Salzgitter AG  SZGG.DE : Jefferies raises price target to EUR 12.50 from EUR 11.50
     * SDL Plc  SDL.L : Peel Hunt raises target price to 740p from 630p
     * Severn Trent  SVT.L : HSBC raises target price to 2550p from 2450p
     * Siemens AG  SIEGn.DE : HSBC raises target price to EUR 135 from EUR 125
     * Synthomer  SYNTS.L : HSBC raises target price to 350p from 310p
     * Vestas  VWS.CO : Berenberg initiates coverage with buy rating and price target DKK 1050
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))