Europe Research Roundup: National Grid, Telefonica, Volvo

Sok Marketler Ticaret AS

02/07/2020 08:13

July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including National Grid, Telefonica and Volvo, on Thursday. 
    
    HIGHLIGHTS
     * National Grid Plc  NG.L : HSBC cuts to hold from buy
     * Telefonica  TEF.MC : Credit Suisse cuts to neutral from outperform
     * Volvo AB  VOLVb.ST : HSBC raises target price to SEK 145 from SEK 140
                    
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.   
     * A.P. Moller-Maersk  MAERSKb.CO : Barclays raises target price to DKK 6400 from DKK 6100
     * ABB Ltd  ABBN.S : HSBC raises target price to CHF 19 from CHF 18
     * ABN Amro Bank NV  ABNd.AS : HSBC raises target price to EUR 11 from EUR 9
     * Atlas Copco AB  ATCOa.ST : HSBC raises target price to SEK 360 from SEK 315
     * B&M European value Retail SA  BMEB.L : Citigroup raises price target to 445p from 395p
     * Beazley  BEZG.L : RBC raises target price to 525p from 450p
     * BIM Birlesik Magazalar As  BIMAS.IS : HSBC raises target price to TL 70 from TL 65
     * BP  BP.L : Credit Suisse raises target price to 360p from 350p
     * Contourglobal  GLO.L : Citigroup cuts price target to 187p from 207p
     * CRH Plc  CRH.I : Credit Suisse raises to outperform from neutral
     * Dart Group Plc  DTG.L : HSBC raises target price to 1000p from 755p
     * Dino Polska SA  DNP.WA : HSBC raises target price to PLN 235 from PLN 200
     * Draper Esprit Plc  GROW.L : Peel Hunt raises target price to 656p from 634p
     * ENI  ENI.MI : Credit Suisse raises target price to EUR 12.6 from EUR 12
     * Epiroc AB  EPIRa.ST : HSBC raises target price to SEK 130 from SEK 110
     * Equinor ASA  EQNR.OL : Credit Suisse raises target price to NOK 215 from NOK 210
     * Galp Energia SA  GALP.LS : Credit Suisse raises target price to EUR 16.1 from EUR 15.5
     * Gjensidige Forsikring ASA  GJFS.OL : Credit Suisse raises PT to NOK 212 from NOK 211
     * Heidelbergcement AG  HEIG.DE : Credit Suisse raises target price to EUR 56 from EUR 51
     * Hiscox  HSX.L : RBC raises target price to 950p from 875p
     * ING Groep NV  INGA.AS : HSBC raises target price to EUR 7 from EUR 6
     * LafargeHolcim Ltd  LHN.S : Credit Suisse raises target price to CHF 57 from CHF 52
     * Lancashire Holdings  LRE.L : RBC raises target price to 1,050p from 725p
     * LEG Immobilien AG  LEGn.DE : HSBC raises target price to EUR 124.5 from EUR 115
     * Migros Ticaret As  MGROS.IS : HSBC raises target price to TL 45 from TL 40
     * National Grid Plc  NG.L : HSBC cuts target price to 1000p from 1060p
     * National Grid Plc  NG.L : HSBC cuts to hold from buy
     * Oesterreichische Post AG  POST.VI : Barclays cuts target price to EUR 26 from EUR 28
     * Sampo Plc  SAMPO.HE : Credit Suisse raises target price to EUR 28 from EUR 27
     * Sandvik AB  SAND.ST : HSBC raises target price to SEK 190 from SEK 175
     * Siemens Gamesa  SGREN.MC : HSBC raises target price to EUR 15.6 from EUR 14
     * Siemens Healthineers AG  SHLG.DE : Citigroup cuts price target to EUR 50 from EUR 52
     * Smith & Nephew  SN.L : Citigroup raises price target to 1730p from 1670p
     * Sok Marketler Ticaret As  SOKM.IS : HSBC raises target price to TL 14 from TL 12
     * STMicroelectronics NV  STM.PA : Credit Suisse raises target price to EUR 28 from EUR 25.50
     * Telefonica  TEF.MC : Credit Suisse cuts to neutral from outperform
     * Telefonica  TEF.MC : Credit Suisse cuts target price to EUR 5.10 from EUR 7.82
     * Topdanmark  TOP.CO : Credit Suisse raises target price to DKK 203 from DKK 202
     * Vestas  VWS.CO : HSBC raises target price to DKK 590 from DKK 540
     * Volvo AB  VOLVb.ST : HSBC raises target price to SEK 145 from SEK 140
     * X5 Retail Group NV  PJPq.L : HSBC raises target price to $41 from $38
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))