Europe Research Roundup: BMW, Electrolux, Volkswagen

Sitowise Oyj

29/03/2021 08:06

March 29 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BMW, Electrolux and Volkswagen, on Monday. 
    
    HIGHLIGHTS  
     * Alliance pharma Plc  ALAPH.L : RBC initiates with outperform rating and 106p price target
     * BMW  BMWG.DE : Jefferies raises to buy from hold
     * Electrolux  ELUXb.ST : JP Morgan cuts to underweight from neutral
     * Leoni AG  LEOGn.DE : JP Morgan cuts to underweight from neutral
     * Volkswagen AG  VOWG_p.DE : Jefferies raises target price to EUR 295 from EUR 185
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
     * Alliance pharma Plc  ALAPH.L : RBC initiates with outperform rating and 106p price target
     * Allianz SE  ALVG.DE : JP Morgan raises target price to EUR 228 from EUR 224
     * BMW  BMWG.DE : Jefferies raises target price to EUR 115 from EUR 75
     * BMW  BMWG.DE : Jefferies raises to buy from hold
     * Cineworld  CINE.L : JP Morgan raises target price to 74p from 50p
     * Daimler AG  DAIGn.DE : Jefferies raises target price to EUR 95 from EUR 85
     * Electrolux  ELUXb.ST : JP Morgan cuts to underweight from neutral
     * Electrolux  ELUXb.ST : JP Morgan raises target price to SEK 220 from SEK 210
     * Essity AB  ESSITYb.ST : JP Morgan cuts target price to SEK 240 from SEK 255
     * Glanbia Plc  GL9.I : Citigroup raises price target to EUR 12 from EUR 11.2
     * Just Eat Takeaway.com  TKWY.AS : Citigroup cuts price target to EUR 144 from EUR 156
     * Legrand  LEGD.PA : JP Morgan raises target price to EUR 76 from EUR 75
     * Leoni AG  LEOGn.DE : JP Morgan cuts to underweight from neutral
     * Leoni AG  LEOGn.DE : JP Morgan cuts target price to EUR 5 from EUR 9
     * LVMH  LVMH.PA : Citigroup raises price target to EUR 627 from EUR 620
     * Moneysupermarket.com  MONY.L : Jefferies cuts target price to 350p from 400p
     * Mortgage Advice Bureau (Holdings) Plc  MAB1.L : Peel Hunt raises PT to 1,183p from 892p
     * Nokia Oyj  NOKIA.HE : Citigroup raises price target to EUR 3.55 from EUR 3.3
     * Renault  RENA.PA : Jefferies raises target price to EUR 41 from EUR 38
     * Saga Plc  SAGA.L : Credit Suisse raises target price to 397p from 324p
     * Sensirion Holding AG  SENSI.S : Credit Suisse raises target price to CHF 44 from CHF 37
     * Siemens AG  SIEGn.F : JP Morgan raises target price to EUR 152 from EUR 150
     * Sitowise Group  SITOWS.HE : Inderes initiates coverage with rating reduce; PT EUR 8.60
     * Softwareone Holding AG  SWON.S : JP Morgan cuts target price to CHF 28 from CHF 30
     * Volkswagen AG  VOWG_p.DE : Jefferies raises target price to EUR 295 from EUR 185
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))