Europe Research Roundup: Ashtead Group, Convatec Group, Glencore

SIG AG

07/03/2024 07:57

March 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies
including Ashtead Group, Convatec Group and Glencore, on Thursday. 
    
    HIGHLIGHTS
                 * Ashtead Group Plc  AHT.L : Jefferies cuts target price to 6,150p from 6,750p 
 
     * Convatec Group Plc  CTEC.L : JP Morgan raises target price to 323p from 300p 
     * Glencore  GLEN.L : Jefferies raises target price to 470p from 430p 
     * Man Group Plc  EMG.L : Peel Hunt raises target price to 300p from 291p 
     * SSE  SSE.L : JP Morgan cuts target price to 2050p from 2125p 
 
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in
alphabetical order. 
     
                 * Ashtead Group Plc  AHT.L : Jefferies cuts target price to 6,150p from 6,750p 
 
                 * Bankinter SA  BKT.MC : Jefferies raises target price to EUR 6.8 from EUR 6.7 
 
                 * BBVA  BBVA.MC : Jefferies raises target price to EUR 12.6 from EUR 8 
 
                 * Beiersdorf  BEIG.DE : HSBC cuts target price to EUR 151 from EUR 154 
 
                 * Caixabank  CABK.MC : Jefferies raises target price to EUR 5.8 from EUR 4.6 
 
                 * Convatec Group Plc  CTEC.L : JP Morgan raises target price to 323p from 300p 
 
                 * Domino's Pizza Group Plc  DOM.L : Peel Hunt raises to buy from add 
 
                 * Eiffage  FOUG.PA : JP Morgan raises target price to EUR 120 from EUR 116 
 
                 * Exclusive Networks Sas  EXN.PA : JP Morgan raises PT to EUR 24 from EUR 23 
 
                 * Glencore  GLEN.L : Jefferies raises target price to 470p from 430p 
 
                 * Indra  IDR.MC : JP Morgan raises target price to EUR 19.5 from EUR 13.5 
 
                 * LSL Property Services Plc  LSL.L : Peel Hunt raises PT to 285p from 250p 
 
                 * Man Group Plc  EMG.L : Peel Hunt raises target price to 300p from 291p 
 
                 * Moncler  MONC.MI : Bernstein cuts to market-perform from outperform
 
                 * Moncler  MONC.MI : Bernstein raises target price to EUR 70 from EUR 60 
 
                 * Santander  SAN.MC : Jefferies raises target price to EUR 5.1 from EUR 5 
 
                 * SCA AB  SCAb.ST : Barclays initiates coverage with underweight rating; PT SEK 105 
 
                 * Scor  SCOR.PA : Jefferies cuts target price to EUR 30 from EUR 30.5 
 
                 * SIG Group AG  SIGNC.S : Barclays raises to equal weight from underweight 
 
                 * SSE  SSE.L : JP Morgan cuts target price to 2050p from 2125p 
 
                 * Stora Enso Oyj  STERV.HE : Barclays initiates coverage with underweight rating
 
                 * Stora Enso Oyj  STERV.HE : Barclays initiates price target EUR 10 
 
                 * Telenor  TEL.OL : HSBC cuts target price to NOK 112 from NOK 114 
 
                 * UCB SA  UCB.BR : HSBC raises target price to EUR 125 from EUR 97 
 
                 * Unicaja Banco SA  UNI.MC : Jefferies cuts to hold from buy
 
                 * Unicaja Banco SA  UNI.MC : Jefferies cuts PT to EUR 1.1 from EUR 1.75 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))