Europe Research Roundup: LVMH, Nexans, Teleperformance
12/10/2022 08:17
Oct 12 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including LVMH, Nexans and Teleperformance, on Wednesday.
HIGHLIGHTS
* LVMH LVMH.PA : Cowen and Company cuts target price to EUR 780 from EUR 885
* Nexans NEXS.PA : HSBC cuts target price to EUR 110 from EUR 115
* Teleperformance SE TEPRF.PA : JP Morgan cuts target price to EUR 360 from EUR 410
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Aena SME SA AENA.MC : JP Morgan cuts target price to EUR 133 from EUR 156
* Alumasc Group Plc ALUG.L : Peel Hunt cuts target price to 235p from 250p
* Benevolentai SA BAI.AS : JP Morgan raises target price to EUR 5.20 from EUR 5.10
* Breedon Group Plc BREE.L : Peel Hunt cuts target price to 92p from 105p
* Carrefour CARR.PA : HSBC cuts target price to EUR 22 from EUR 24
* Continental AG CONG.DE : HSBC cuts target price to EUR 69 from EUR 88
* Drax Group Plc DRX.L : HSBC cuts target price to 880p from 970p
* Elis SA ELIS.PA : JP Morgan cuts target price to EUR 16.50 from EUR 17
* Eurocell Plc ECEL.L : Peel Hunt cuts target price to 235p from 275p
* Experian EXPN.L : JP Morgan cuts target price to 3200p from 3250p
* Faurecia EPED.PA : HSBC cuts target price to EUR 16 from EUR 27
* Firstgroup Plc FGP.L : RBC cuts target price to 160p from 165p
* Forterra Plc FORT.L : Peel Hunt cuts target price to 300p from 360p
* Fraport FRAG.DE : JP Morgan cuts target price to EUR 47 from EUR 55
* Genuit Group Plc GENG.L : Peel Hunt cuts target price to 370p from 500p
* Givaudan SA GIVN.S : Credit Suisse cuts target price to CHF 2400 from CHF 2900
* Givaudan SA GIVN.S : JP Morgan cuts target price to CHF 2700 from CHF 3300
* Italy's Prysmian PRY.MI : HSBC cuts target price to EUR 41 from EUR 43
* Jet2 Plc JET2.L : HSBC cuts target price to 740p from 970p
* LVMH LVMH.PA : Cowen and Company cuts target price to EUR 780 from EUR 885
* Marston'S MARS.L : JP Morgan cuts target price to 54p from 59p
* Mediobanca MDBI.MI : Jefferies cuts target price to EUR 9.20 from EUR 9.40
* Nexans NEXS.PA : HSBC cuts target price to EUR 110 from EUR 115
* Nordex NDXG.DE : HSBC cuts target price to EUR 9 from EUR 10
* Orange SA ORAN.PA : Jefferies cuts target price to EUR 12.40 from EUR 13
* Prosus NV PRX.AS : Credit Suisse raises target price to EUR 99 from EUR 95
* Sandvik SAND.ST : HSBC cuts target price to SEK 235 from SEK 250
* Schaeffler AG SHA_p.DE : HSBC cuts target price to EUR 5.8 from EUR 7.3
* SIF Holding NV SIFG.AS : HSBC cuts target price to EUR 13 from EUR 19
* Sisecam SISE.IS : HSBC cuts to hold from buy
* Sisecam SISE.IS : HSBC raises target price to TRY 32.4 from TRY 26.5
* Swiss Re AG SRENH.S : Credit Suisse cuts target price to CHF 87 from CHF 91
* Telefonica Deutschland O2Dn.DE : Credit Suisse cuts PT to EUR 2.70 from EUR 3.09
* Teleperformance SE TEPRF.PA : JP Morgan cuts target price to EUR 360 from EUR 410
* Valeo VLOF.PA : HSBC cuts target price to EUR 17.5 from EUR 21
* Vestas VWS.CO : HSBC cuts target price to DKK 150 from DKK 190
* Vienna Airport VIEV.VI : HSBC raises target price to EUR 34 from EUR 33
* Vitesco Technologies Group AG VTSCn.DE : HSBC raises PT to EUR 60 from EUR 58.5
* Zealand pharma A/S ZELA.CO : Jefferies raises target price to DKK 205 from DKK 165
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))