Europe Research Roundup: Convatec Group, Gem Diamonds, Salzgitter

Royal Unibrew A/S

22/08/2022 07:55

Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Convatec Group, Gem Diamonds and Salzgitter, on Monday. 
    
    HIGHLIGHTS  
     * Convatec Group Plc  CTEC.L : Peel Hunt cuts to add from buy
     * Gem Diamonds Ltd  GEMD.L : Liberum cuts to hold; cuts target price to 40p
     * Salzgitter AG  SZGG.DE : Credit Suisse raises to neutral from underperform
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
    
     * Antofagasta  ANTO.L : Citigroup cuts price target to 1200p from 1600p
     * Bawag Group  BAWG.VI : HSBC raises target price to EUR 72 from EUR 70
     * Convatec Group Plc  CTEC.L : Peel Hunt cuts to add from buy
     * Convatec Group Plc  CTEC.L : Peel Hunt cuts target price to 250p from 285p
     * Deutz  DEZG.DE : HSBC cuts target price to EUR 7 from EUR 7.3
     * DFDS As  DFDS.CO : RBC raises target price to DKK 400 from DKK 390
     * Empiric Student Property Plc  ESP.L : Peel Hunt raises target price to 120p from 115p
     * Engie SA  ENGIE.PA : JP Morgan raises target price to EUR 24.50 from EUR 19.50
     * Erste Group Bank  ERST.VI : HSBC raises target price to EUR 46 from EUR 45
     * Gem Diamonds Ltd  GEMD.L : Liberum cuts to hold; cuts target price to 40p
     * IWG  IWG.L : Berenberg cuts target price to 255p from 310p
     * Jungheinrich AG  JUNG_p.DE : Citigroup raises price target to EUR 27 from EUR 24
     * Meyer Burger Technology AG  MBTN.S : Jefferies raises PT to CHF 0.80 from CHF 0.75
     * Natwest Group Plc  NWG.L : Jefferies raises target price to 424p from 359p
     * Partners Group Holding AG  PGHN.S : Credit Suisse starts with outperform rating; PT CHF 1300
     * Petra Diamonds  PDL.L : Liberum cuts to hold; cuts target price to 100p from 140p
     * Raiffeisen Bank Intl  RBIV.VI : HSBC raises target price to EUR 20 from EUR 18
     * Royal Unibrew A/S  RBREW.CO : Berenberg cuts target price to DKK 704 from DKK 723
     * Salzgitter AG  SZGG.DE : Credit Suisse raises to neutral from underperform
     * Salzgitter AG  SZGG.DE : Credit Suisse cuts target price to EUR 27 from EUR 28.60
     * Shop Apotheke Europe NV  SAEG.DE : Citigroup cuts price target to EUR 155 from EUR 160
     * Swiss Life Holding AG  SLHN.S : Berenberg raises target price to CHF 650 from CHF 635
     * Zur Rose Group AG  ROSEG.S : Citigroup cuts price target to CHF 65 from CHF 80
     * Zur Rose Group AG  ROSEG.S : Credit Suisse cuts target price to CHF 49 from CHF 73
     * Zur Rose Group AG  ROSEG.S : Jefferies cuts target price to CHF 95 from CHF 290
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))