Europe Research Roundup: Alstom, BHP, Ubisoft

Seco SpA

20/10/2021 08:02

Oct 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Alstom, BHP and Ubisoft, on Wednesday. 
    
    HIGHLIGHTS  
     * Alstom  ALSO.PA : HSBC starts with buy rating and EUR 40 target price
     * BHP  BHPB.L : Jefferies cuts to hold from buy
     * Ubisoft  UBIP.PA : Berenberg cuts target price to EUR 72 from EUR 74
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     * Alstom  ALSO.PA : HSBC starts with buy rating and EUR 40 target price
     * Bellway Plc  BWY.L : JP Morgan raises target price to 4,200p from 4,100p
     * BHP  BHPB.L : Jefferies cuts target price to 2000p from 2300p
     * BHP  BHPB.L : Jefferies cuts to hold from buy
     * Biffa  BIFF.L : HSBC raises target price to 450p from 445p
     * Danone  DANO.PA : HSBC cuts target price to EUR 65 from EUR 67
     * Ericsson  ERICb.ST : CFRA cuts target price to SEK 131 from SEK 141
     * Ericsson  ERICb.ST : JP Morgan cuts target price to SEK 123 from SEK 125
     * GSK  GSK.L : Citigroup raises price target to 1500p from 1400p
     * Hannover Rueck SE  HNRGn.DE : Credit Suisse cuts target price to EUR 172 from EUR 174
     * Heidelbergcement AG  HEIG.DE : JP Morgan cuts target price to EUR 63 from EUR 70
     * IAG  ICAG.L : Peel Hunt cuts to hold from buy; cuts target price to 178p from 215p
     * ITM Power Plc  ITM.L : RBC raises target price to 370p from 310p
     * Jeronimo Martins SA  JMT.LS : HSBC raises target price to EUR 16 from EUR 15
     * KBC Groep NV  KBC.BR : Credit Suisse raises target price to EUR 74 from EUR 70
     * NKT A/S  NKT.CO : Credit Suisse raises target price to DKK 345 from DKK 336
     * Robert Walters Plc  RWA.L : HSBC raises target price to 990p from 895p
     * Seco SpA  IOT.MI : Goldman Sachs reinstates with buy rating and EUR 11 target price
     * Tele2 AB  TEL2b.ST : JP Morgan raises target price to SEK 169 from SEK 168
     * Ubisoft  UBIP.PA : Berenberg cuts target price to EUR 72 from EUR 74
     * Uniper SE  UN01.DE : Credit Suisse raises target price to EUR 34.6 from EUR 28.1
     * Wise Plc  WISEa.L : Credit Suisse cuts target price to 990p from 1025p
   

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