Europe Research Roundup: Anheuser Busch Inbev SA, Varta AG, Wood Plc

Rieter Holding AG

26/09/2022 08:21

Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Anheuser Busch Inbev SA, Varta AG and Wood Plc on Monday. 
    HIGHLIGHTS
                 * Anheuser Busch Inbev SA  ABI.BR : Jefferies cuts to hold from buy
 
                 * Varta AG  VAR1.DE : JP Morgan cuts to neutral from overweight 
 
                 * Wood Plc  WG.L : JP Morgan resumes coverage with overweight rating
 
 Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
                 * Airbus SE  AIR.PA : Jefferies cuts target price to EUR 140 from EUR 145 
 
                 * Airbus SE  AIR.PA : JP Morgan cuts target price to EUR 155 from EUR 175 
 
                 * Anglo American  AAL.L : JP Morgan raises target price to 4000p from 3850p 
 
                 * Anheuser Busch Inbev SA  ABI.BR : Jefferies cuts to hold from buy
 
                 * Anheuser Busch Inbev SA  ABI.BR : Jefferies cuts target price to EUR 55 from EUR
 67 
 
                 * BAE Systems  BAES.L : Jefferies raises target price to 1,000p from 960p 
 
                 * Carlsberg  CARLb.CO : Jefferies raises to buy 
 
                 * Carlsberg  CARLb.CO : Jefferies raises target price to DKK 1110 from DKK 1050 
 
                 * Elior Group SA  ELIOR.PA : JP Morgan cuts target price to EUR 2 from EUR 2.5 
 
                 * Faurecia  EPED.PA : JP Morgan cuts target price to EUR 34 from EUR 40 
 
                 * Ferrexpo  FXPO.L : JP Morgan cuts target price to 110p from 160p 
 
                 * Frontier Developments Plc  FDEV.L : Credit Suisse cuts target price to 1800p from
 1855p 
 
                 * Glencore  GLEN.L : JP Morgan raises target price to 690p from 640p 
 
                 * Medacta Group SA  MOVE.S : Credit Suisse cuts target price to CHF 105 from CHF 120
 
                 * Oxford Nanopore Technologies Plc  ONT.L : Piper Sandler cuts target to 650p from
 750p 
 
                 * Porsche SE  PSHG_p.DE : HSBC cuts target price to EUR 72 from EUR 100 
 
                 * Rieter Holding AG  RIEN.S : Credit Suisse cuts target price to CHF 100 from CHF
 121 
 
                 * Rio Tinto  RIO.L : JP Morgan raises target price to 5580p from 5350p 
 
                 * Thales  TCFP.PA : Jefferies cuts target price to EUR 135 from EUR 145 
 
                 * Valeo  VLOF.PA : JP Morgan cuts target price to EUR 22 from EUR 25 
 
                 * Varta AG  VAR1.DE : JP Morgan cuts to neutral from overweight 
 
                 * Varta AG  VAR1.DE : JP Morgan cuts target price to EUR 45 from EUR 95 
 
                 * Volvo Car AB  VOLCARb.ST : JP Morgan cuts target price to SEK 70 from SEK 85 
 
                 * Wood Plc  WG.L : JP Morgan resumes coverage with target price 255p vs 306p 
 
                 * Wood Plc  WG.L : JP Morgan resumes coverage with overweight rating
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))