Europe Research Roundup: Ageas SA, Pennon Group, Volkswagen AG

Siegfried Holding AG

01/03/2021 07:23

March 1 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Ageas SA, Pennon Group and Volkswagen AG, on Monday. 
    
    HIGHLIGHTS  
     * Ageas SA  AGES.BR : JP Morgan raises price target to EUR 55.87 from EUR 52.39
     * NOS SA  NOS.LS : Credit Suisse assumes coverage with neutral rating
     * Pennon Group Plc  PNN.L : Barclays raises to overweight from equal weight
     * Volkswagen AG  VOWG_p.DE : Jefferies raises target price to EUR 185 from EUR 170
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Aareal Bank AG  ARLG.DE : HSBC raises target price to EUR 26 from EUR 25
     * Ageas SA  AGES.BR : JP Morgan raises price target to EUR 55.87 from EUR 52.39
     * Alfa Laval AB  ALFA.ST : JP Morgan raises price target to SEK 245 from SEK 205
     * Amadeus  AMA.MC : HSBC raises target price to EUR 50 from EUR 40
     * Amadeus  AMA.MC : JP Morgan raises price target to EUR 58 from EUR 50
     * Bank of Georgia  BGEO.L : Peel Hunt raises price target to 1613p from 1566p
     * BNP Paribas  BNPP.PA : Credit Suisse raises price target to EUR 55 from EUR 52
     * Carrefour  CARR.PA : JP Morgan raises price target to EUR 19 from EUR 17
     * Compagnie Financiere Richemont SA  CFR.S : HSBC ups target price to CHF 99 from CHF 94
     * Erste Group Bank AG  ERST.VI : Citigroup raises price target to EUR 32.2 from EUR 31
     * Getlink  GETP.PA : HSBC raises target price to EUR 14.8 from EUR 14
     * Gsk  GSK.L : Citigroup cuts price target to 1317p from 1580p
     * IAG  ICAG.L : HSBC raises target price to 245p from 190p
     * IMI Plc  IMI.L : Credit Suisse raises target price to 1,520p from 1480p
     * Inditex  ITX.MC : Credit Suisse raises target price to EUR 23.5 from EUR 23
     * Jupiter Fund Management  JUP.L : Credit Suisse raises target price to 310p from 270p
     * Jupiter Fund Management  JUP.L : JP Morgan raises price target to 345p from 330p
     * Lafargeholcim Ltd  LHN.S : Credit Suisse raises price target to CHF 67 from CHF 64
     * NOS SA  NOS.LS : Credit Suisse assumes coverage with neutral rating
     * NOS SA  NOS.LS : Credit Suisse cuts target price to EUR 2.7 from EUR 3.5
     * Pennon Group Plc  PNN.L : Barclays raises to overweight from equal weight
     * Proximus NV  PROX.BR : HSBC cuts target price to EUR 21 from EUR 23
     * Redde Northgate Plc  REDD.L : HSBC raises target price to 286p from 232p
     * Royal Mail Plc  RMG.L : Peel Hunt starts with hold rating; price target 475p
     * Sas AB  SAS.ST : HSBC raises target price to SEK 1.75 from SEK 1.7
     * SES SA  SESFd.PA : HSBC cuts target price to EUR 6.9 from EUR 7.5
     * Siegfried Holding AG  SFZN.S : Credit Suisse raises target price to CHF 800 from CHF 670
     * Swatch Group AG  UHR.S : HSBC raises target price to CHF 290 from CHF 255
     * Swiss Re AG  SRENH.S : Credit Suisse cuts price target to CHF 86 from CHF 89
     * Tarkett SA  TKTT.PA : Jefferies cuts target price to EUR 10.70 from EUR 12.25
     * Telefonica Deutschland  O2Dn.DE : Citigroup cuts price target to EUR 2.8 from EUR 3.6
     * Teleperformance SE  TEPRF.PA : HSBC raises target price to EUR 340 from EUR 325
     * Volkswagen AG  VOWG_p.DE : Jefferies raises target price to EUR 185 from EUR 170
 
    

 (Compiled by Bengaluru Newsroom)
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