Europe Research Roundup: Entra, Kering, Royal Mail

Sitowise Oyj

03/03/2022 06:56

March 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Entra, Kering and Royal Mail, on Thursday. 
    
    HIGHLIGHTS  
     * Entra ASA  ENTRA.OL : Goldman Sachs reinstates with neutral rating; NOK 180 target price
     * Kering  PRTP.PA : RBC raises target price to EUR 885 from EUR 830
     * Royal Mail Plc  RMG.L : Credit Suisse cuts to underperform from neutral
     * Shurgard Self Storage SA  SHUR.BR : SocGen raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
     * Aegean Airlines SA  AGNr.AT : HSBC cuts target price to EUR 6.15 from EUR 6.45
     * Air France-KLM  AIRF.PA : HSBC cuts target price to EUR 2.8 from EUR 3.2
     * BASF SE  BASFn.DE : HSBC cuts target price to EUR 64 from EUR 74
     * BASF SE  BASFn.DE : JP Morgan cuts target price to EUR 74 from EUR 76.50
     * Commerzbank AG  CBKG.DE : RBC raises target price to EUR 8.50 from EUR 8.30
     * Danone  DANO.PA : HSBC cuts target price to EUR 59 from EUR 62
     * Deutsche Lufthansa AG  LHAG.DE : HSBC cuts target price to EUR 5.2 from EUR 5.4
     * EasyJet  EZJ.L : HSBC cuts target price to 800p from 950p
     * Entra ASA  ENTRA.OL : Goldman Sachs reinstates with neutral rating; NOK 180 target price
     * Ferro-Alloy Resources Ltd  FARF.L : Liberum initiates with buy rating and 77p target price
     * Fresenius SE  FREG.DE : Bernstein cuts target price to EUR 40 from EUR 44
     * Hiscox  HSX.L : Credit Suisse cuts target price to 1,085p from 1,125p
     * Hiscox  HSX.L : JP Morgan raises target price to 850p from 830p
     * HSBC  HSBA.L : Credit Suisse cuts target price to 530p from 565p
     * Kering  PRTP.PA : RBC raises target price to EUR 885 from EUR 830
     * Kesla  KELAS.HE : Inderes cuts target price to EUR 4.20 from EUR 6.00; rating reduce
     * Koninklijke Philips NV  PHG.AS : JP Morgan cuts target price to EUR 29.20 from EUR 36.40
     * Krones AG  KRNG.DE : HSBC raises target price to EUR 91 from EUR 89
     * Orior AG  ORON.S : Credit Suisse raises target price to CHF 94 from CHF 91
     * Persimmon  PSN.L : Peel Hunt cuts target price to 3,260p from 3,300p
     * Ponsse  PON1V.HE : Inderes cuts target price to EUR 30.00 from EUR 36.00; rating reduce
     * Raute  RAUTE.HE : Inderes cuts to reduce from accumulate
     * Raute  RAUTE.HE : Inderes cuts target price to EUR 16.50 from EUR 21.00
     * Royal Mail Plc  RMG.L : Credit Suisse cuts to underperform from neutral
     * Royal Mail Plc  RMG.L : Credit Suisse cuts target price to 345p from 558.11p
     * Royal Unibrew A/S  RBREW.CO : JP Morgan cuts target price to DKK 700 from DKK 800
     * Ryanair  RYA.I : HSBC cuts target price to EUR 17.5 from EUR 19
     * Scor  SCOR.PA : HSBC cuts target price to EUR 39 from EUR 40
     * Shurgard Self Storage SA  SHUR.BR : SocGen raises to buy from hold
     * Shurgard Self Storage SA  SHUR.BR : SocGen raises target price to EUR 62 from EUR 60
     * Sitowise Group  SITOWS.HE : Inderes cuts PT to EUR 7.60 from EUR 9.30; rating accumulate
     * SSP Group Plc  SSPG.L : JP Morgan resumes with overweight rating; 370p target price
     * Standard Chartered Plc  STAN.L : Credit Suisse cuts target price to 455p from 485p
     * Stellantis NV  STLA.MI : RBC raises target price to EUR 19 from EUR 18
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))