Europe Research Roundup: Beiersdorf AG, Essity AB (Publ), Koenig & Bauer AG

Saltlux

01/09/2023 08:14

Sept 1 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Beiersdorf AG, Essity AB (Publ) and Koenig & Bauer AG on Friday.     
    
    HIGHLIGHTS  
 
                 * Beiersdorf AG  BEIG.DE : JP Morgan raises to overweight from neutral
 
                 * Essity AB (Publ)  ESSITYb.ST : JP Morgan cuts to underweight from neutral 
 
                 * Koenig & Bauer AG  SKBG.DE : Baader Helvea initiates coverage with add rating 
 
 
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries
are in alphabetical order.

                 * Adevinta ASA  ADEA.OL : Citigroup raises price target to NOK 95 from NOK 94.5 
 
                 * Adevinta ASA  ADEA.OL : Credit Suisse raises target price to NOK 135 from NOK 117 
 
                 * Adyen NV  ADYEN.AS : HSBC cuts target price to EUR 900 from EUR 1650 
 
                 * Ambu A/S  AMBUb.CO : JP Morgan cuts target price to DKK 53 from DKK 59 
 
                 * Beiersdorf AG  BEIG.DE : JP Morgan raises to overweight from neutral
 
                 * Beiersdorf AG  BEIG.DE : JP Morgan raises target price to EUR 140 from EUR 115  
 
                 * BMW  BMWG.DE : Citigroup cuts price target to EUR 92 from EUR 97 
 
                 * Dsm-Firmenich AG  DSFIR.AS : Berenberg cuts target price to EUR 108 from EUR 120 
 
                 * Essity AB (Publ)  ESSITYb.ST : JP Morgan cuts target price to SEK 235 from SEK 250 
 
                 * Essity AB (Publ)  ESSITYb.ST : JP Morgan cuts to underweight from neutral 
 
                 * Grafton Group  GFTU_u.L : Citigroup raises price target to 1150p from 1140p 
 
                 * Grand City Properties SA  GYC.DE : Citigroup cuts price target to EUR 19.2 from EUR 26.2 
 
                 * Johnson Service Group  JSG.L : HSBC raises target price to 133p from 130p 
 
                 * Koenig & Bauer AG  SKBG.DE : Baader Helvea initiates coverage with add rating 
 
                 * Koenig & Bauer AG  SKBG.DE : Baader Helvea initiates coverage with EUR 20 target price 
 
                 * Mobico Group Plc  MCG.L : RBC cuts target price to 145p from 180p 
 
                 * Orsted A/S  ORSTED.CO : Berenberg cuts target price to DKK 600 from DKK 760 
 
                 * Pernod Ricard  PERP.PA : Citigroup cuts price target to EUR 210 from EUR 235 
 
                 * Pernod Ricard  PERP.PA : Credit Suisse cuts target price to EUR 215 from EUR 230 
 
                 * Pernod Ricard  PERP.PA : Jefferies cuts target price to EUR 230 from EUR 235 
 
                 * Pernod-Ricard SA  PERP.PA : Barclays cuts target price to EUR 241 from EUR 262 
 
                 * Primary Health Properties Plc  PHP.L : Jefferies cuts target price to 122p from 162p 
 
                 * Prudential  PRU.L : Citigroup cuts price target to 1410p from 1480p 
 
                 * Renishaw Plc  RSW.L : Jefferies cuts target price to 3,070p from 3,270p 
 
                 * Rockwool A/S  ROCKb.CO : JP Morgan raises target price to DKK 1990 from DKK 1930 
 
                 * Serabi Gold Plc  SRB.L : Peel Hunt raises target price to 75p from 66p 
 
                 * Tate & Lyle  TATE.L : Barclays cuts target price to 950p from 970p 
 
                 * Whitbread  WTB.L : Jefferies raises target price to GBP 44 from GBP 42 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))