Europe Research Roundup: Akzo Nobel, CVS Group, UPM-Kymmene

SNP Schneider-Neureither & Partner SE

04/01/2023 07:06

Jan 4 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Akzo Nobel, CVS Group and UPM-Kymmene, on Wednesday. 
    HIGHLIGHTS  
     * Akzo Nobel NV  AKZO.AS : Jefferies cuts target price to EUR 78 from EUR 79
     * CVS Group Plc  CVSG.L : Jefferies cuts to hold from buy
     * UPM-Kymmene Oyj  UPM.HE : Jefferies cuts to hold from buy
 Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
     * Aib Group Plc  AIBG.I : JP Morgan raises target price to EUR 4.5 from EUR 4
     * Akzo Nobel NV  AKZO.AS : Jefferies cuts target price to EUR 78 from EUR 79
     * Bank of Ireland Group Plc  BIRG.I : JP Morgan raises target price to EUR 9.2 from EUR 8.4
     * CVS Group Plc  CVSG.L : Jefferies cuts to hold from buy
     * CVS Group Plc  CVSG.L : Jefferies raises target price to 2060p from 1970p
     * Diageo  DGE.L : Credit Suisse raises target price to 4500p from 4400p
     * SCA AB  SCAb.ST : Jefferies raises target price to SEK 149 from SEK 140
     * SNP Schneider Neureither & Partner SE  SHFG.DE : Berenberg cuts to hold from buy
     * Stora Enso Oyj  STERV.HE : Jefferies raises target price to EUR 17.94 from EUR 17.32
     * Temenos AG  TEMN.S : JP Morgan cuts target price to CHF 70 from CHF 110
     * UPM-Kymmene Oyj  UPM.HE : Jefferies cuts to hold from buy
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))