Europe Research Roundup: Belimo Holding, HSBC, Standard Chartered

Ryanair Holdings

21/07/2026 08:16

July 21 - Securities analysts revised their ratings and price targets on several European companies, including Belimo Holding, HSBC, and Standard Chartered, on Tuesday. 
     
HIGHLIGHTS
     
* Atlas Copco AB ATCOa.ST: Morgan Stanley raises PT to SEK 215 from SEK 200 
* Belimo Holding AG BEAN.S: Jefferies raises to buy from hold 
* Cohort Plc CHRT.L: Berenberg initiates coverage with buy rating
* HSBC HSBA.L: JP Morgan raises target price to 1380p from 1370p 
* Standard Chartered Plc STAN.L: JP Morgan raises target price to 2270p from 2220p 
     
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.

* AAK AAK.ST: Barclays cuts target price to SEK 200 from SEK 240 
* Acast ACAST.ST: Barclays raises target price to SEK 35 from SEK 32 
* ADP ADP.PA: Barclays raises target price to EUR 140 from EUR 135 
* Aena AENA.MC: Barclays raises target price to EUR 28.5 from EUR 24.5 
* Aena AENA.MC: Barclays raises to overweight from equal-weight 
* Assa Abloy ASSAb.ST: Barclays raises target price to SEK 459 from SEK 457 
* Athens International Airport AIAr.AT: Barclays raises PT to EUR 10.35 from EUR 10.3 
* Atlas Copco AB ATCOa.ST: Morgan Stanley raises PT to SEK 215 from SEK 200 
* Allianz SE ALVG.DE: JP Morgan raises target price to EUR 430 from EUR 380 
* Befesa BFSA.DE: UBS raises target price to EUR 47 from EUR 45 
* Belimo Holding AG BEAN.S: Barclays raises target price to CHF 1150 from CHF 1120 
* Belimo Holding AG BEAN.S: Berenberg raises PT to CHF 1100 from CHF 1060 
* Belimo Holding AG BEAN.S: Jefferies raises to buy from hold 
* Belimo Holding AG BEAN.S: Kepler Cheuvreux raises target price to CHF 1030 from CHF 1010 
* Belimo Holding AG BEAN.S: Morgan Stanley raises PT to CHF 1130 from CHF 1100 
* Besi BESI.AS: Alphavalue raises to reduce from sell 
* Besi BESI.AS: Bernstein raises target price to EUR 310 from EUR 280 
* Bridgepoint Group Plc BPTB.L: Morgan Stanley raises PT to 350p from 340p 
* Capita Plc CPI.L: Peel Hunt cuts target price to 311p from 343p 
* Centiel CNTL.S: UBS raises target price to CHF 7.63 from CHF 6.32 
* Centiel CNTL.S: UBS raises to buy from neutral 
* Cohort Plc CHRT.L: Berenberg initiates coverage target price 1,630p 
* Cohort Plc CHRT.L: Berenberg initiates coverage with buy rating
* Daimler Truck Holding AG DTGGe.DE: Kepler Cheuvreux raises to buy from reduce; raises target price to EUR 52 from EUR 40 
* Delivery Hero DHER.DE: Barclays cuts to equal-weight from overweight 
* Delivery Hero DHER.DE: Barclays raises target price to EUR 41.5 from EUR 39.1 
* Deutsche Telekom DTEGn.DE: Deutsche Bank cuts target price to EUR 40 from EUR 42 
* Diploma Plc DPLM.L: Kepler Cheuvreux raises target price to 8220p from 7850p 
* DNB DNB.OL: Goldman Sachs cuts to sell from neutral
* Docmorris DOCM.S: Barclays raises target price to CHF 12 from CHF 8 
* Epiroc EPIRa.ST: Deutsche Bank cuts target price to SEK 260 from SEK 267 
* EQT EQTAB.ST: BofA Global Research raises price objective to SEK 385 from SEK 370 
* EQT EQTAB.ST: Goldman Sachs raises target price to SEK 445 from SEK 400 
* Erste Group Bank AG ERST.VI: Barclays raises target price to EUR 129 from EUR 123 
* Eurofins Scientific SE EUFI.PA: Jefferies raises PT to EUR 60 from EUR 48 
* Evolution EVOG.ST: Berenberg raises target price to SEK 600 from SEK 560 
* Foxtons Group Plc FOXT.L: Peel Hunt cuts target price to 40p from 50p 
* Fraport FRAG.DE: Barclays cuts target price to EUR 71 from EUR 96 
* Fraport FRAG.DE: Barclays cuts to equal-weight from overweight 
* Fresenius SE & Co KGaA FREG.DE: Morgan Stanley raises PT to EUR 49 from EUR 48 
* Fuller Smith & Turner Plc FSTA.L: Peel Hunt raises target price to 800p from 775p 
* Genuit Group Plc GENG.L: Stifel initiates coverage with price target 395p 
* Genuit Group Plc GENG.L: Stifel initiates coverage with buy rating
* Georg Fischer AG GF.S: Alphavalue raises to add from reduce 
* Georg Fischer GF.S: UBS raises target price to CHF 60 from CHF 44 
* Georg Fischer GF.S: UBS raises to buy from neutral 
* Hapag HLAG.DE: UBS raises target price to EUR 102 from EUR 96 
* Hexpol HPOLb.ST: Kepler Cheuvreux raises target price to SEK 90 from SEK 80 
* HSBC HSBA.L: JP Morgan raises target price to 1380p from 1370p 
* ICop SpA Sb ICOP.MI: Kepler Cheuvreux raises target price to EUR 44 from EUR 37 
* Intertek ITRK.L: Jefferies cuts to hold from buy 
* Italy'S Prysmian PRY.MI: Jefferies raises target price to EUR 180 from EUR 178 
* Kier Group Plc KIE.L: Peel Hunt raises target price to 300p from 285p 
* LEG Immobilien SE LEGn.DE: Morgan Stanley raises to equal weight from underweight 
* M&G MNG.L: JP Morgan raises target price to 335p from 325p 
* M&S MKS.L: JP Morgan raises target price to 450p from 440p 
* Medacta Group SA MOVE.S: UBS cuts target price to CHF 148 from CHF 151 
* Munich Re MUVGn.DE: Kepler Cheuvreux cuts target price to EUR 590 from EUR 600 
* Nordnet SAVE.ST: Berenberg raises target price to SEK 415 from SEK 400 
* Omer Decugis & Cie ALODC.PA: TP ICAP Midcap Partners cuts PT to EUR 10.3 from EUR 10.7; rating 'buy' 
* Oxford Nanopore Technologies Plc ONT.L: Deutsche Bank cuts target price to 195p from 225p 
* Pandora PNDORA.CO: RBC raises target price to DKK 875 from DKK 700 
* Poste Italiane PST.MI: BofA Global Research raises price objective to EUR 32 from EUR 28.80 
* R&S Group Holding AG RSGN.S: Berenberg cuts target price to CHF 35 from CHF 39 
* Raiffeisen Bank International AG RBIV.VI: Barclays raises target price to EUR 50 from EUR 42
* Redcare Pharmacy RDC.DE: Barclays raises target price to EUR 85 from EUR 75 
* Richemont CFR.S: Alphavalue raises target price to CHF 191 from CHF 170 
* Richemont CFR.S: Deutsche Bank raises target price to CHF 210 from CHF 195 
* Rotork Plc ROR.L: Exane BNP Paribas cuts to neutral from outperform 
* Ryanair RYA.I: Barclays cuts target price to EUR 29.5 from EUR 30 
* Ryanair RYA.I: Deutsche Bank cuts target price to EUR 28 from EUR 30 
* Ryanair RYA.I: JP Morgan cuts target price to EUR 32 from EUR 33 
* Ryanair RYA.I: Kepler Cheuvreux cuts target price to EUR 29 from EUR 30 
* Ryanair Holdings RYA.I: Morgan Stanley cuts target price to EUR 27.2 from EUR 27.6 
* Sandvik SAND.ST: Deutsche Bank cuts target price to SEK 443 from SEK 445 
* Sandvik AB SAND.ST: Barclays raises target price to SEK 465 from SEK 460 
* SEB AB SEBa.ST: Goldman Sachs raises target price to SEK 230 from SEK 200 
* Sergeferrari Group SA: TP ICAP Midcap starts with 'buy'; target price EUR 9.5 
* SKF SKFb.ST: Deutsche Bank raises target price to SEK 290 from SEK 280 
* Sobi SOBIV.ST: Deutsche Bank raises target price to SEK 515 from SEK 490 
* Standard Chartered Plc STAN.L: JP Morgan raises target price to 2270p from 2220p 
* Swedbank SWEDa.ST: Goldman Sachs raises target price to SEK 380 from SEK 340 
* Swedbank SWEDa.ST: Goldman Sachs raises to neutral from sell
* Technogym SpA TGYM.MI: Kepler Cheuvreux cuts target price to EUR 15.8 from EUR 17.2 
* Traton SE 8TRA.DE: Kepler Cheuvreux raises target price to EUR 37 from EUR 25 
* Traton SE 8TRA.DE: Kepler Cheuvreux raises to hold from reduce
* VAT Group AG VACN.S: Morgan Stanley raises target price to CHF 625 from CHF 535 
* Vente-Unique.Com ALVU.PA: TP ICAP Midcap Partners raises PT to EUR 21.4 from EUR 20.1; rating 'buy' 
* Verallia VRLA.PA: UBS cuts target price to EUR 21.6 from EUR 24.5 
* Vidrala VID.MC: Citigroup raises target price to EUR 95 from EUR 85 
* Volex Plc VLX.L: Canaccord Genuity  raises target price to 600p from 590p 
* Volex Plc VLX.L: Canaccord Genuity raises to buy from hold
* Volvo VOLVb.ST: Kepler Cheuvreux raises target price to SEK 365 from SEK 350 
* Yara International ASA YAR.OL: Berenberg cuts target price to NOK 440 from NOK 451 
* Yara International ASA YAR.OL: Jefferies raises target price to NOK 480 from NOK 470 
* Zurich Insurance Group AG ZURN.S: RBC initiates coverage with price target CHF 670 
* Zurich Insurance Group AG ZURN.S: RBC initiates coverage with outperform rating

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