Europe Research Roundup: Bellway, Novo Nordisk, Taylor Wimpey

Romande Energie Holding SA

13/04/2023 08:00

April 13 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Bellway, Novo Nordisk and Taylor Wimpey, on Thursday. 
    
    HIGHLIGHTS  
    
     * Bellway Plc  BWY.L : HSBC raises to buy from hold; raises target to 2700p from 2030p
     * Hikma  HIK.L : Peel Hunt raises target price to 2,210p from 2,150p
     * Novo Nordisk  NOVOb.CO : Credit Suisse raises to outperform from neutral
     * Romande Energie Holding SA  HREN.S : Baader Helvea raises to buy from add
     * Taylor Wimpey  TW.L : HSBC raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
 
     * Barratt  BDEV.L : HSBC raises to buy from hold; raises target price to 570p from 390p
     * BBVA  BBVA.MC : RBC raises target price to EUR 8 from EUR 7.75
     * Bellway Plc  BWY.L : HSBC raises to buy from hold; raises target to 2700p from 2030p
     * Berkeley Group  BKGH.L : HSBC raises to hold from reduce; raises PT to 4000p from 3000p
     * Britvic Plc  BVIC.L : Peel Hunt cuts to hold from buy
     * Crest Nicholson Holdings Plc  CRST.L : HSBC raises to buy from hold
     * Crest Nicholson Holdings Plc  CRST.L : HSBC raises target price to 270p from 230p
     * Essilorluxottica SA  ESLX.PA : J.P. Morgan initiates with overweight rating; PT EUR 215
     * Hikma  HIK.L : Peel Hunt raises target price to 2,210p from 2,150p
     * Industrials REIT Ltd  MLII.L : Berenberg cuts to hold from buy
     * Johnson Matthey Plc  JMAT.L : HSBC cuts target price to 1950p from 2150p
     * LVMH  LVMH.PA : Credit Suisse raises target price to EUR 1,005 from EUR 960
     * LVMH  LVMH.PA : J.P. Morgan raises target price to EUR 900 from EUR 815
     * Novo Nordisk A/S  NOVOb.CO : Credit Suisse raises target price to DKK 1,250 from DKK 920
     * Novo Nordisk A/S  NOVOb.CO : Credit Suisse raises to outperform from neutral
     * OCI NV  OCI.AS : J.P. Morgan cuts target price to EUR 31.8 from EUR 34.5
     * Persimmon  PSN.L : HSBC raises to buy from hold; raises target price to 1550p from 1410p
     * Publicis  PUBP.PA : J.P. Morgan raises target price to EUR 86 from EUR 85
     * Redrow Plc  RDW.L : HSBC raises to buy from hold; raises target price to 670p from 500p
     * Romande Energie Holding SA  HREN.S : Baader Helvea raises PT to CHF 1,500 from CHF 1,350
     * Romande Energie Holding SA  HREN.S : Baader Helvea raises to buy from add
     * Spectris Plc  SXS.L : Peel Hunt raises target price to 3,950p from 3,600p
     * Taylor Wimpey Plc  TW.L : HSBC raises to buy from hold
     * Taylor Wimpey Plc  TW.L : HSBC raises target price to 150p from 105.03p
     * Vistry Group Plc  VTYV.L : HSBC raises target price to 1060p from 900p
     * WPP Plc  WPP.L : J.P. Morgan cuts target price to 1,240p from 1,300p
   

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))