Europe Research Roundup: Antofagasta, GSK, Swedbank

Skandinaviska Enskilda Banken AB (publ)

06/07/2026 08:40

July 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Antofagasta, GSK and Swedbank on Monday

HIGHLIGHTS
     
* Antofagasta ANTO.L: JP Morgan raises to overweight from neutral
* GSK GSK.L: HSBC raises to hold from reduce 
* Merck KGaA MRCG.DE: HSBC raises target price to EUR 170 from EUR 160 
* Swedbank SWEDa.ST: Jefferies raises target price to SEK 360 from SEK 350 
* Wise Group Plc WISEa.L: JP Morgan raises target price to 1320p from 1260p 
 
Following is a summary of research actions on European companies reported by Reuters on Monday  Stock entries are in alphabetical order.  See bottom of the table for sector changes.  

* Aberdeen Group Plc ABDN.L: Citigroup raises target price to 280p from 265p 
* Ahold Delhaize AD.AS: UBS cuts target price to EUR 38 from EUR 42 
* Air Liquide AIRP.PA: Barclays raises target price to EUR 196 from EUR 195 
* Air Liquide AIRP.PA: Kepler Cheuvreux raises PT to EUR 205 from EUR 176.36 
* Also Holding AG ALSN.S: UBS raises target price to CHF 195 from CHF 170 
* Amundi SA AMUN.PA: BofA Global Research raises price objective to EUR 97 from EUR 92 
* Amundi SA AMUN.PA: Citigroup raises target price to EUR 89 from EUR 81 
* Antofagasta ANTO.L: JP Morgan raises target price to 4500p from 3400p 
* Antofagasta ANTO.L: JP Morgan raises to overweight from neutral
* ASML Holding NV ASML.AS: Bernstein raises PT to EUR 2,300 from EUR 1,700 
* ASML Holding NV ASML.AS: Bernstein raises target price to EUR 2,300 from EUR 1,700 
* AstraZeneca AZN.L: Bernstein raises target price to 18,900p from 18,600p 
* AstraZeneca AZN.L: HSBC cuts target price to 16500p from 17200p 
* Bayer AG BAYGn.DE: Goldman Sachs raises target price to EUR 62.50 from EUR 55 
* BP BP.L: Alphavalue cuts to add from buy 
* Castellum CAST.ST: Barclays raises target price to SEK 130 from SEK 105 
* Close Brothers Group Plc CBRO.L: RBC cuts target price to 470p from 625p 
* Close Brothers Group Plc CBRO.L: RBC cuts to sector perform from outperform
* Coloplast COLOb.CO: Deutsche Bank cuts target price to DKK 450 from DKK 460 
* Computacenter Plc CCC.L: UBS raises target price to 5,000p from 4,500p 
* Continental CONG.DE: Kepler Cheuvreux cuts to hold from buy 
* Continental CONG.DE: Kepler Cheuvreux raises PT to EUR 80 from EUR 75 
* Continental AG CONG.DE: Bernstein raises target price to EUR 73 from EUR 66 
* Continental AG CONG.DE: Kepler Cheuvreux cuts to hold from buy
* Continental AG CONG.DE: Kepler Cheuvreux raises PT to EUR 80 from EUR 75 
* Danske Bank DANSKE.CO: Jefferies raises target price to DKK 380 from DKK 370 
* Demant DEMANT.CO: Deutsche Bank raises target price to DKK 258 from DKK 226                                                                                        
* Deutsche Bank AG DBKGn.DE: Kepler Cheuvreux raises PT to EUR 31 from EUR 29.50 
* DWS Group Gmbh & Co KGaA DWSG.DE: BofA Global Research ups PT to EUR 73 from EUR 64 
* DWS Group Gmbh & Co KGaA DWSG.DE: Citigroup raises PT to EUR 68 from EUR 61 
* EasyJet EZJ.L: Morgan Stanley raises target price to 690p from 310p 
* EasyJet EZJ.L: Morgan Stanley raises to equal-weight from underweight
* Electrolux ELUXb.ST: Barclays cuts target price to SEK 22.60 from SEK 40 
* Essilorluxottica SA ESLX.PA: Stifel cuts target price to EUR 290 from EUR 320 
* Euronext NV ENX.PA: Jefferies raises target price to EUR 170 from EUR 160 
* Evonik Industries EVKn.DE: UBS raises target price to EUR 16 from EUR 14 
* Exail Technologies SA EXA.PA: Stifel cuts target price to EUR 134 from EUR 140 
* Exail Technologies SA EXA.PA: Stifel cuts to hold from buy
* Ferrari RACE.MI: BofA Global Research raises price objective to EUR 400 from EUR 350 
* GSK GSK.L: HSBC raises target price to 1860p from 1500p 
* GSK GSK.L: HSBC raises to hold from reduce 
* H & M HMb.ST: UBS cuts target price to SEK 168 from SEK 169 
* Handelsbanken SHBa.ST: Jefferies raises target price to SEK 122 from SEK 120 
* Holmen HOLMb.ST: Barclays cuts target price to SEK 285 from SEK 295 
* IAG ICAG.L: BofA Global Research raises price objective to 570p from 500p 
* ING Groep NV INGA.AS: Kepler Cheuvreux raises PT to EUR 32.60 from EUR 32.40 
* Ipsen SA IPN.PA: Alphavalue cuts target price to EUR 195 from EUR 214 
* ITV ITV.L: Alphavalue raises to reduce from sell 
* Julius Baer Gruppe AG BAER.S: Kepler Cheuvreux raises PT to CHF 73 from CHF 67 
* Liontrust Asset Management Plc LIO.L: RBC raises target price to 270p from 235p 
* Lonza  Group AG (LONN.S: HSBC raises target price to CHF 640 from CHF 590 
* Man Group Plc EMG.L: Citigroup raises target price to 325p from 285p 
* Merck KGaA MRCG.DE: HSBC cuts to hold from buy 
* Merck KGaA MRCG.DE: HSBC raises target price to EUR 170 from EUR 160 
* Nemetschek SE NEKG.DE: Deutsche Bank resumes coverage with buy rating
* Nemetschek SE NEKG.DE: Deutsche Bank resumes coverage with price target EUR 75 
* NN Group NV NN.AS: Kepler Cheuvreux raises target price to EUR 74.50 from EUR 61 
* Novo Nordisk NOVOB.CO: HSBC raises target price to DKK 300 from DKK 280 
* Pennon Group Plc PNN.L: BofA Global Research cuts PT to 600p from 610p 
* Platzer PLAZB.ST: Kepler Cheuvreux raises target price to SEK 85 from SEK 80 
* Platzer PLAZB.ST: Kepler Cheuvreux raises to buy from hold 
* Polar Capital Holdings Plc POLR.L: RBC raises target price to 1,260p from 670p 
* Proximus PROX.BR: Barclays cuts target price to EUR 7.50 from EUR 8 
* Public Power Corp DEHr.AT: Morgan Stanley initiates coverage with overweight rating 
* Public Power Corp DEHr.AT: Morgan Stanley initiates coverage with PT EUR 27 
* Puma SE PUMG.DE: Jefferies raises target price to EUR 27.5 from EUR 23 
* Quilter QLT.L: Kepler Cheuvreux raises target price to 222.4p from 197.6p 
* Quilter QLT.L: Kepler Cheuvreux raises to buy from hold 
* Relx REL.L: ING cuts target price to EUR 42 from EUR 53 
* Roche Holding AG ROPC.S: HSBC cuts to hold from buy 
* Saipem SpA SPMI.MI: Exane BNP Paribas reinstates coverage with outperform rating
* Saipem SpA SPMI.MI: Exane BNP Paribas reinstates coverage with price target EUR 5.30 
* SBO SBOE.VI: Kepler Cheuvreux maintains target price at EUR 29 
* SBO AG SBOE.VI: Kepler Cheuvreux raises to hold from reduce 
* SCA AB SCAb.ST: Jefferies cuts target price to SEK 130 from SEK 132 
* Schott pharma 1SXP.DE: Deutsche Bank raises target price to EUR 22 from EUR 16 
* Schott pharma 1SXP.DE: Deutsche Bank raises to buy from hold 
* Schweiter Technologies SWTQ.S: UBS raises target price to CHF 255 from CHF 240 
* SEB AB SEBa.ST: Jefferies raises target price to SEK 197 from SEK 195 
* SES SA SESFd.PA: Barclays cuts target price to EUR 7.05 from EUR 7.75 
* SIG Group SIGNC.S: Barclays raises target price to CHF 15 from CHF 13 
* Société Générale SOGN.PA: Kepler Cheuvreux raises PT to EUR 85 from EUR 70.70 
* Société Générale SOGN.PA: Kepler Cheuvreux raises to buy from hold 
* Societe Generale SA SOGN.PA: Kepler Cheuvreux raises PT to EUR 85 from EUR 70.70 
* Societe Generale SA SOGN.PA: Kepler Cheuvreux raises to buy from hold
* St. James's Place SJP.L: Kepler Cheuvreux raises PT to 1,935p from 1840.37p 
* Subsea 7 SUBC.OL: Exane BNP Paribas reinstates coverage with neutral rating
* Subsea 7 SUBC.OL: Exane BNP Paribas reinstates coverage with price target NOK 375 
* Swedbank SWEDa.ST: Jefferies raises target price to SEK 360 from SEK 350 
* Swiss Life Holding AG SLHN.S: Berenberg raises PT to CHF 1,073 from CHF 1,014 
* Tecan Group AG TECN.S: Deutsche Bank raises target price to CHF 151 from CHF 138 
* Tesco Plc TSCO.L: Morgan Stanley cuts target price to 550p from 560p 
* Tonies SE TNIE.DE: Berenberg raises target price to EUR 19 from EUR 14.5 
* Turkish Airlines THYAO.IS: HSBC raises target price to TRY 460 from TRY 400 
* UBS Group AG UBSG.S: BofA Global Research raises PT to CHF 50 from CHF 48 
* UBS Group AG UBSG.S: Kepler Cheuvreux raises target price to CHF 45 from CHF 39.50 
* Unicaja UNI.MC: Kepler Cheuvreux ups PT to EUR 3.60 from EUR 2.90 
* Unicaja UNI.MC: Kepler Cheuvreux ups to buy from hold
* Unilever ULVR.L: Jefferies raises target price to 3,800p from 3,700p 
* Vinci SA SGEF.PA: Barclays cuts target price to EUR 155 from EUR 160 
* Volvo VOLVb.ST: Kepler Cheuvreux raises target price to SEK 350 from SEK 335 
* Wise Group Plc WISEa.L: JP Morgan raises target price to 1320p from 1260p 
* Wolters Kluwer NV WLSNc.AS: ING cuts target price to EUR 85 from EUR 160 
* X-Fab XFAB.PA: Kepler Cheuvreux raises target price to EUR 10.50 from EUR 4.30 
* X-Fab XFAB.PA: Kepler Cheuvreux raises to buy from hold

  sector changes: 
* DEUTSCHE BANK DOWNGRADES EUROPEAN BASIC RESOURCES SECTOR TO NEUTRAL RATING 
* DEUTSCHE BANK UPGRADES EUROPEAN CONSUMER STAPLES SECTOR TO OVERWEIGHT RATING 
* DEUTSCHE BANK UPGRADES EUROPEAN REAL ESTATE SECTOR TO OVERWEIGHT RATING 

 (Compiled by Bengaluru Newsroom)
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