Europe Research Roundup: ALM. Brand, Lotus Bakeries, Saab

SKF AB

21/09/2026 08:18

Sept 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ALM. Brand, Lotus Bakeries and Saab, on Monday.

HIGHLIGHTS

* ALM. Brand A/S ALMB.CO: Goldman Sachs initiates coverage with buy rating 
* Beauty Tech Group Plc TBTG.L: Peel Hunt raises target price to 590p from 470p 
* Edenred SA ACCP.PA: Morgan Stanley raises target price to EUR 35 from EUR 34 
* Lotus Bakeries NV LOTB.BR: Jefferies initiates coverage with buy rating
* Saab AB SAABb.ST: Barclays raises target price to SEK 755 from SEK 740 

Following is a summary of research actions on European companies reported by Reuters on Monday Stock entries are in alphabetical order. 
   

* AB Foods ABF.L: Morgan Stanley cuts target price to 1,600p from 1,650p 
* ALM. Brand A/S ALMB.CO: Goldman Sachs initiates coverage with buy rating 
* Atoss Software AOFG.DE: UBS initiates coverage with neutral rating 
* Barratt Redrow Plc BTRW.L: Peel Hunt cuts target price to 300p from 310p 
* Barratt Redrow Plc BTRW.L: Peel Hunt cuts to hold from add
* Beauty Tech Group Plc TBTG.L: Peel Hunt raises target price to 590p from 470p 
* Bechtle AG BC8G.DE: Deutsche Bank raises target price to EUR 49 from EUR 45 
* Beijer Ref BEIJb.ST: Citigroup raises target price to SEK 150 from SEK 145 
* Bilfinger GBFG.DE: UBS cuts target price to EUR 72 from EUR 102 
* Craneware Plc CRW.L: Berenberg cuts target price to 1,600p from 2,600p 
* DR ING HC F Porsche AG P911_p.DE: Kepler Cheuvreux cuts PT to EUR 38 from EUR 42 
* Edenred SA ACCP.PA: Morgan Stanley raises target price to EUR 35 from EUR 34 
* Elixirr International Plc ELIX.L: Peel Hunt cuts target price to 570p from 1100p 
* Elixirr International Plc ELIX.L: Peel Hunt cuts to reduce from buy
* Fugro N.V. FUGR.AS: Alphavalue cuts to reduce from add 
* H LUNDBECK: UBS raises to buy from neutral; raises PT to DKK 52 from DKK 45 
* Halma HLMA.L: Deutsche Bank raises target price to 4090p from 3980p 
* Hermes HRMS.PA: Bernstein cuts target price to EUR 1750 from EUR 2150 
* Home Invest Belgium HINV.BR: Kepler Cheuvreux cuts target price to EUR 19 from EUR 20 
* IMI Plc IMI.L: Exane BNP Paribas cuts to neutral from outperform rating 
* Informa Plc INF.L: Barclays cuts target price to 1050p from 1055p 
* Johnson Matthey Plc JMAT.L: Deutsche Bank raises target price to 2500p from 2400p 
* Leroy Seafood Group ASA LSG.OL: Barclays cuts target price to NOK 44 from NOK 46 
* Liontrust Asset Management Plc LIO.L: Berenberg cuts target price to 360p from 410p 
* Lotus Bakeries NV LOTB.BR: Jefferies initiates coverage with buy rating
* Lotus Bakeries NV LOTB.BR: Jefferies initiates coverage with target price EUR 15,000 
* Maersk MAERSKb.CO: Fearnley Securities UPS to 'buy' from 'hold'; PT DKK 26,000 
* Mowi MOWI.OL: Barclays cuts target price to NOK 215 from NOK 225 
* Porsche Holding PSHG_P.DE: Kepler Cheuvreux cuts target price to EUR 25 from EUR 32 
* Porsche Holding PSHG_P.DE: Kepler Cheuvreux cuts to reduce from hold 
* Saab AB SAABb.ST: Barclays raises target price to SEK 755 from SEK 740 
* Salmar ASA SALM.OL: Barclays cuts target price to NOK 535 from NOK 545 
* Salvatore Ferragamo SFER.MI: Barclays cuts target price to EUR 6.5 from EUR 6.6 
* SAP SE SAPG.DE: BofA Global Research raises PT to EUR 226 from EUR 223 
* SKF AB SKFb.ST: Barclays raises target price to SEK 260 from SEK 250 
* Softcat Plc SCTS.L: Berenberg raises target price to 2400p from 1950p 
* Supermarket Income REIT Plc SUPR.L: Goldman Sachs raises target price to 99p from 88p 
* Totalenergies TTEF.PA: UBS raises target price to EUR 88 from EUR 86 
* Vincorion V1NC.DE: Deutsche Bank initiates coverage with buy rating and target price EUR 26 
* Virbac SA VIRB.PA: Bernstein raises target price to EUR 426 from EUR 419 
* Virbac SA VIRB.PA: Bernstein raises to outperform from market perform
* Volkswagen VOWG.DE: Kepler Cheuvreux cuts target price to EUR 80 from EUR 92 
* Volkswagen VOWG.DE: Kepler Cheuvreux cuts to hold from buy 
* WH Smith Plc SMWH.L: UBS cuts target price to 410p from 480p 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))