Europe Research Roundup: Bunzl, Next, Porsche SE

Sensorion SA

06/01/2021 07:15

Jan 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Bunzl, Next and Porsche SE, on Wednesday. 
    
    HIGHLIGHTS
     * Bunzl  BNZL.L : Credit Suisse cuts to underperform from neutral
     * Hays  HAYS.L : Credit Suisse cuts to underperform from neutral
     * Next  NXT.L : Jefferies raises target price to 7,500p from 6,700p 
     * Porsche SE  PSHG_p.DE : Bernstein raises to marketperform from underperform
     * Robert Walters Plc  RWA.L : Credit Suisse raises to neutral from underperform
                      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * Acacia pharma Group Plc  ACPH.BR : Jefferies initiates with buy rating and EUR 7.5 PT 
     * Adecco Group AG  ADEN.S : Credit Suisse raises target price to CHF 65 from CHF 62 
     * Aggreko  AGGK.L : Credit Suisse raises target price to 465p from 400p 
     * Applus  APPS.MC : Credit Suisse raises target price to EUR 11 from EUR 8.30 
     * Bunzl  BNZL.L : Credit Suisse cuts to underperform from neutral
     * Bunzl  BNZL.L : Credit Suisse cuts target price to 2,250p from 2,700p 
     * Bureau Veritas  BVI.PA : Credit Suisse raises target price to EUR 25 from EUR 23.20 
     * DCC  DCC.L : Credit Suisse cuts target price to 6,300p from 6,500p 
     * Direct Line Insurance  DLGD.L : Peel Hunt raises price target to 340p from 300p 
     * Electrocomponents Plc  ECM.L : Credit Suisse raises target price to 665p from 580p 
     * Elis SA  ELIS.PA : Credit Suisse raises target price to EUR 11.5 from EUR 9.5 
     * Experian  EXPN.L : Credit Suisse cuts target price to 3,350p from 3,600p 
     * Firstgroup Plc  FGP.L : RBC raises target price to 70p from 50p 
     * Hays  HAYS.L : Credit Suisse cuts to underperform from neutral
     * Hays  HAYS.L : Credit Suisse raises target price to 125p from 120p 
     * Homeserve  HSV.L : Credit Suisse cuts target price to 1,350p from 1,400p 
     * Hunting Plc  HTG.L : JP Morgan raises price target to 220p from 190p 
     * IMCD NV  IMCD.AS : Credit Suisse cuts target price to EUR 115 from EUR 125 
     * Intertek  ITRK.L : Credit Suisse cuts to neutral from outperform
     * Intertek  ITRK.L : Credit Suisse cuts target price to 5,900p from 6,300p 
     * IWG  IWG.L : Credit Suisse raises target price to 425p from 350p 
     * Kering  PRTP.PA : Jefferies raises target price to EUR 650 from EUR 570 
     * LVMH  LVMH.PA : Jefferies raises target price to EUR 590 from EUR 455 
     * Maersk Drilling A/S  DRLCO.CO : JP Morgan cuts price target to DKK 224 from DKK 278 
     * Maersk Drilling A/S  DRLCO.CO : JP Morgan cuts to neutral from overweight 
     * Next  NXT.L : Credit Suisse raises target price to 6,700p from 5,800p 
     * Next  NXT.L : Jefferies raises target price to 7,500p from 6,700p 
     * Pagegroup  PAGE.L : Credit Suisse raises target price to 360p from 275p 
     * Petrofac  PFC.L : JP Morgan cuts price target to 220p from 250p 
     * Porsche SE  PSHG_p.DE : Bernstein raises to marketperform from underperform
     * Porsche SE  PSHG_p.DE : Bernstein raises target price to EUR 68 from EUR 60 
     * Prosus NV  PRX.AS : Credit Suisse raises target price to EUR 133 from EUR 126 
     * Randstad NV  RAND.AS : Credit Suisse raises target price to EUR 60 from EUR 59 
     * Rentokil  RTO.L : Credit Suisse cuts target price to 570p from 650p 
     * Robert Walters Plc  RWA.L : Credit Suisse raises to neutral from underperform
     * Robert Walters Plc  RWA.L : Credit Suisse raises target price to 485p from 365p 
     * Rovi  ROVI.MC : Jefferies raises target price to EUR 45.50 from EUR 30.50 
     * Royal Mail Plc  RMG.L : Credit Suisse raises target price to 284p from 267p 
     * S4 Capital Plc  SFOR.L : Peel Hunt initiates with buy rating; target price 630p 
     * Saipem SpA  SPMI.MI : JP Morgan raises price target to EUR 2.9 from EUR 2.5 
     * Securitas AB  SECUb.ST : Credit Suisse cuts to underperform from neutral
     * Securitas AB  SECUb.ST : Credit Suisse cuts target price to SEK 125 from SEK 135 
     * Sensorion SA  ALSEN.PA : Jefferies initiates with buy rating and EUR 2.3 target price 
     * SGS SA  SGSN.S : Credit Suisse cuts target price to CHF 2615 from CHF 2650 
     * Siemens AG  SIEGn.DE : RBC raises target price to EUR 140 from EUR 130 
     * Standard Chartered Plc  STAN.L : Jefferies raises target price to 594p from 589p 
     * SThree Plc  STEMS.L : Credit Suisse raises target price to 375p from 345p 
     * Subsea 7 SA  SUBC.OL : JP Morgan raises price target to NOK 107 from NOK 97 
     * Tecnicas Reunidas  TRE.MC : JP Morgan raises price target to EUR 17.30 from EUR 15.10 
     * Teleperformance SE  TEPRF.PA : Credit Suisse cuts target price to EUR 310 from EUR 315 
     * Wartsila Oyj Abp  WRT1V.HE : Credit Suisse raises target price to EUR 7.20 from EUR 6 
     * Weir Group  WEIR.L : JP Morgan raises target price to 1650p from 1600p 
     * Wood Plc  WG.L : JP Morgan raises price target to 410p from 380p 
     * X Fab Silicon Foundries Ev  XFAB.PA : Credit Suisse raises target to EUR 2.7 from EUR 2.2 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))