Europe Research Roundup: Adidas , Eutelsat, Vestas

STMicroelectronics

02/09/2026 08:15

Sept 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Eutelsat and Vestas, on Wednesday.
     
HIGHLIGHTS 
* Adidas AG ADSGn.DE: Barclays raises to overweight from equal weight
* Barclays BARC.L: Jefferies raises target price to 600p from 590p 
* Eutelsat ETL.PA: Berenberg initiates coverage with hold rating
* Lloyds LLOY.L: Jefferies raises target price to 127p from 125p 
* Vestas VWS.CO: Jefferies raises target price to DKK 255 from DKK 215 
     
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. 
      

* ABN Amro Bank NV ABNd.AS: Morgan Stanley raises target price to EUR 48 from EUR 45 
* Adidas AG ADSGn.DE: Barclays raises target price to EUR 210 from EUR 190 
* Adidas AG ADSGn.DE: Barclays raises to overweight from equal weight
* Aib Group Plc AIBG.I: Morgan Stanley raises target price to EUR 12 from EUR 11 
* Alpha Bank SA ACBr.AT: Morgan Stanley raises target price to EUR 5.5 from EUR 5 
* Amplifon SpA AMPF.MI: Morgan Stanley initiates coverage with overweight rating and target price EUR 14.9 
* Avio SpA AVI.MI: Berenberg initiates coverage with hold rating 
* Avio SpA AVI.MI: Berenberg initiates coverage with target price EUR 33
* Banco Bpm BAMI.MI: Morgan Stanley raises target price to EUR 15 from EUR 13.3
* Banco Comercial Portugues SA BCP.LS: Morgan Stanley raises target price to EUR 1.13 from EUR 1.02 
* Banco Sabadell SABE.MC: Morgan Stanley raises target price to EUR 3.4 from EUR 3.1 
* Bank of Ireland Group Plc BIRG.I: Morgan Stanley raises target price to EUR 22 from EUR 19.5
* Bankinter BKT.MC: Morgan Stanley raises target price to EUR 17.5 from EUR 16.5 
* Barclays BARC.L: Jefferies raises target price to 600p from 590p 
* Barclays BARC.L: Morgan Stanley cuts target price to 580p from 610p 
* Barclays BARC.L: Morgan Stanley cuts to equal weight from overweight
* Basic-Fit N.V. BFIT.AS: Bernstein raises target price to EUR 48 from EUR 43
* Bawag Group AG BAWG.VI: Morgan Stanley raises target price to EUR 222 from EUR 192 
* BNP Paribas BNPP.PA: Morgan Stanley raises target price to EUR 129 from EUR 120 
* BPER Banca EMII.MI: Morgan Stanley raises target price to EUR 14.8 from EUR 14.5 
* Bunzl BNZL.L: Bernstein cuts to market perform from outperform; cuts target price to 3000p from 3100p 
* Caixabank SA CABK.MC: Morgan Stanley raises target price to EUR 13.8 from EUR 13 
* Carl Zeiss Meditec AG AFXG.DE: Morgan Stanley initiates coverage with target price EUR 25.88
* Carl Zeiss Meditec AG AFXG.DE: Morgan Stanley initiates coverage with underweight rating 
* Centrica CNA.L: Alphavaue cuts to add from buy rating 
* Coloplast COLOb.CO: Morgan Stanley raises target price to DKK 454 from DKK 370 
* Coloplast COLOb.CO: Morgan Stanley raises to equal weight from underweight
* Comet COTNE.S: UBS raises target price to CHF 490 from CHF 446 
* Commerzbank CBKG.DE: Morgan Stanley raises target price to EUR 44 from EUR 39.5 
* Convatec Group Plc CTEC.L: Morgan Stanley raises target price to 289p from 263p 
* Crediabank SA CREDIAr.AT: Morgan Stanley cuts target price to EUR 1.09 from EUR 1.16 
* Credit Agricole S.A. CAGR.PA: Morgan Stanley raises target price to EUR 21 from EUR 20 
* DCC DCC.L: Berenberg cuts to hold from buy 
* Demant DEMANT.CO: Morgan Stanley raises target price to DKK 388 from DKK 296 
* Deutsche Bank DBKGn.DE: Morgan Stanley raises target price to EUR 38.5 from EUR 37
* Deutsche Bank AG DBKGn.DE: Goldman Sachs raises target price to EUR 43.75 from EUR 37 
* Deutsche Bank AG DBKGn.DE: Goldman Sachs raises to buy from neutral
* Dormakaba DOKA.S: Barclays cuts target price to CHF 80 from CHF 82
* Eiffage FOUG.PA: Barclays cuts target price to EUR 168 from EUR 175 
* Erste Group Bank AG ERST.VI: Morgan Stanley raises target price to EUR 137 from EUR 123 
* Eutelsat ETL.PA: Berenberg initiates coverage with hold rating
* Eutelsat ETL.PA: Berenberg initiates coverage with target price EUR 2 
* Evonik Industries AG EVKn.DE: Citigroup raises target price to EUR 22 from EUR 20 
* GB Group Plc GBGP.L: Berenberg cuts target price to 190p from 260p 
* GB Group Plc GBGP.L: Berenberg cuts to hold from buy
* Getinge AB GETIb.ST: UBS initiates coverage with neutral rating and target price SEK 255 
* Hochschild HOCM.L: Peel Hunt raises target price to 770p from 745p 
* Inficon IFCN.S: UBS raises target price to CHF 215 from CHF 190 
* Infineon Technologies AG IFXGn.DE: Citigroup raises target price to EUR 92 from EUR 80 
* ING Groep INGA.AS: Morgan Stanley raises target price to EUR 37 from EUR 33 
* ING Groep N.V. INGA.AS: Morgan Stanley raises to overweight from equal weight 
* Intercontinental Hotels Group IHG.L: UBS raises to buy from neutral 
* JD Sports Fashion Plc JD.L: Barclays cuts target price to 85p from 90p 
* KBC Group NV KBC.BR: Morgan Stanley raises target price to EUR 156 from EUR 143 
* Lloyds LLOY.L: Jefferies raises target price to 127p from 125p 
* Lloyds LLOY.L: Morgan Stanley raises target price to 140p from 135p 
* L'Oreal OREP.PA: Exane BNP Paribas raises to outperform from neutral 
* Lotus Bakeries NV LOTB.BR: Bernstein cuts to market perform from outperform
* Lotus Bakeries NV LOTB.BR: Bernstein raises target price to EUR 13000 from EUR 12000 
* LVMH LVMH.PA: Bernstein cuts target price to EUR 570 from EUR 600 
* Melrose Industries MRON.L: Peel Hunt raises target price to 800p from 750p 
* Mitie Group Plc MTO.L: Berenberg cuts target price to 219p from 230p 
* Mitie Group Plc MTO.L: Berenberg cuts to hold from buy
* Natwest Group Plc NWG.L: Jefferies raises target price to 770p from 730p 
* Natwest Group Plc NWG.L: Morgan Stanley raises cuts target price to 750p from 850p 
* Natwest Group Plc NWG.L: Morgan Stanley raises to overweight from equal weight
* OSB Group OSBO.L: Jefferies raises target price to 720p from 700p 
* Paragon Banking PAGPA.L: Jefferies raises target price to 1070p from 1000p 
* Partners Group Holding AG PGHN.S: Barclays cuts target price to CHF 850 from CHF 930 
* Pearson PSON.L: Citigroup cuts to neutral from buy
* Pearson PSON.L: Citigroup raises target price to 1345p from 1300p 
* Piraeus Bank SA BOPr.AT: Morgan Stanley raises target price to EUR 12.3 from EUR 11.5 
* Puma SE PUMG.DE: Barclays raises target price to EUR 25 from EUR 22 
* Reckitt RKT.L: Exane BNP Paribas cuts to neutral from outperform
* Rs Group Plc RS1R.L: Berenberg raises target price to 650p from 600p
* RWS Holdings Plc RWS.L: Berenberg raises target price to 190p from 170p 
* Siemens Energy AG ENR1n.DE: Jefferies cuts target price to EUR 210 from EUR 215 
* Sika AG SIKA.S: BofA Global Research raises price objective to CHF 200 from CHF 185 
* Smith+Nephew Plc SN.L: Morgan Stanley cuts target price to 1158p from 1304p 
* Smith+Nephew Plc SN.L: Morgan Stanley cuts to equal weight from overweight
* Societe Generale SOGN.PA: Morgan Stanley raises target price to EUR 94 from EUR 89 
* Societe Generale SA SOGN.PA: Goldman Sachs  cuts target price to EUR 80.5 from EUR 90.75 
* Societe Generale SA SOGN.PA: Goldman Sachs cuts to neutral from buy
* Sonova Holding AG SOON.S: Morgan Stanley raises target price to CHF 245 from CHF 205 
* SThree Plc STEMS.L: Berenberg raises target price to 330p from 250p 
* STMicroelectronics N.V. STMPA.PA: Citigroup raises target price to EUR 65 from EUR 62 
* TT Electronics Plc TTG.L: Berenberg raises target price to 200p from 150p 
* TT Electronics Plc TTG.L: Stifel raises target price to 155p from 145p 
* UBS Group AG UBSG.S: Morgan Stanley raises target price to CHF 41 from CHF 40 
* Unicaja Banco SA UNI.MC: Morgan Stanley raises target price to EUR 2.8 from EUR 2.6
* Unicredit S.P.A. CRDI.MI: Morgan Stanley raises target price to EUR 105 from EUR 96
* VAT Group AG VACN.S: UBS raises target price to CHF 800 from CHF 745 
* Vestas VWS.CO: Jefferies raises target price to DKK 255 from DKK 215 

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