Europe Research Roundup: Endeavour Mining, Rio Tinto, SAP

Rosenbauer International AG

06/07/2022 08:12

July 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Endeavour Mining, Rio Tinto and SAP on Wednesday. 
    
    HIGHLIGHTS
     * Endeavour Mining Plc  EDV.L : Credit Suisse initiates coverage with outperform rating
     * Rio Tinto  RIO.L : Credit Suisse assumes coverage with outperform rating
     * SAP SE  SAPG.DE : Barclays cuts to equal weight from overweight
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * Abrdn Plc  ABDN.L : JP Morgan cuts target price to 180p from 187p
     * Amundi SA  AMUN.PA : JP Morgan cuts target price to EUR 65 from EUR 70
     * Antofagasta  ANTO.L : Credit Suisse initiates coverage with neutral rating
     * Antofagasta  ANTO.L : Credit Suisse initiates coverage with target price 1,180p
     * Applus  APPS.MC : Jefferies cuts target price to EUR 10 from EUR 12
     * Ashmore  ASHM.L : JP Morgan cuts target price to 204p from 220p
     * Barclays  BARC.L : RBC cuts target price to 165p from 180p
     * BBVA  BBVA.MC : RBC cuts target price to EUR 6 from EUR 6.4
     * BHP Group Ltd  BHPB.L : Credit Suisse assumes coverage with neutral rating
     * BHP Group Ltd  BHPB.L : Credit Suisse assumes coverage with target price 2500p vs 2800p
     * Bureau Veritas  BVI.PA : Jefferies cuts target price to EUR 30 from EUR 31
     * Credit Suisse Group AG  CSGN.S : Jefferies cuts target price to CHF 6 from CHF 6.9
     * Croda  CRDA.L : JP Morgan cuts target price to 6,000p from 6,600p
     * Drax Group Plc  DRX.L : Credit Suisse cuts target price to 610p from 650p
     * DWS Group Gmbh & Co KGaA  DWSG.DE : Credit Suisse cuts PT to EUR 25.4 from EUR 28
     * DWS Group Gmbh & Co KGaA  DWSG.DE : JP Morgan cuts target price to EUR 34 from EUR 40
     * Endeavour Mining Plc  EDV.L : Credit Suisse initiates coverage with outperform rating
     * Endeavour Mining Plc  EDV.L : Credit Suisse initiates coverage with target price 2,500p
     * Eurofins Scientific SE  EUFI.PA : Jefferies cuts target price to EUR 85 from EUR 100
     * Evonik Industries AG  EVKn.DE : Jefferies cuts target price to EUR 21.5 from EUR 25.5
     * GEA Group AG  G1AG.DE : JP Morgan cuts target price to EUR 36 from EUR 39
     * Glencore  GLEN.L : Credit Suisse assumes coverage with outperform vs neutral rating
     * Glencore  GLEN.L : Credit Suisse assumes coverage with target price 560p vs 550p
     * Intertek  ITRK.L : Jefferies cuts to hold from buy; cuts target price to 4700p from 6650p
     * Jupiter Fund Management  JUP.L : JP Morgan cuts target price to 150p from 200p
     * Man Group Plc  EMG.L : JP Morgan raises target price to 322p from 300p
     * Ninety One Plc  N91.L : JP Morgan cuts target price to 200p from 240p
     * Rio Tinto  RIO.L : Credit Suisse assumes coverage with outperform rating
     * Rio Tinto  RIO.L : Credit Suisse assumes coverage with target price 6000p vs 7000p
     * Rosenbauer International AG  RBAV.VI : Baader Helvea raises to buy from add
     * Rosenbauer International AG  RBAV.VI : Baader Helvea cuts PT to EUR 42 from EUR 52
     * Rs Group Plc  RS1R.L : Jefferies cuts target price to 1130p from 1410p
     * SAP SE  SAPG.DE : Barclays cuts target price to EUR 102 from EUR 128
     * SAP SE  SAPG.DE : Barclays cuts to equal weight from overweight
     * Schroders  SDR.L : JP Morgan cuts target price to 3000p from 3400p
     * SGS SA  SGSN.S : Jefferies cuts target price to CHF 2,400 from CHF 2,850
     * Sika AG  SIKA.S : Jefferies raises target price to CHF 314 from CHF 313
     * Swiss Re AG  SRENH.S : Jefferies cuts target price to CHF 75 from CHF 82
     * UBS Group AG  UBSG.S : Jefferies cuts target price to CHF 21 from CHF 24
 

 (Compiled by Bengaluru Newsroom)
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