Europe Research Roundup: Antofagasta, Danone, Flutter Entertainment

Stillfront AB (publ)

26/05/2021 08:12

May 26 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Antofagasta, Danone and Flutter Entertainment, on Wednesday. 
    
    HIGHLIGHTS  
     * Antofagasta  ANTO.L : Peel Hunt raises to hold from reduce
     * Danone  DANO.PA : Berenberg cuts to sell from hold
     * Flutter Entertainment Plc  FLTRF.L : HSBC raises to hold from reduce
     * MusicMagpie Plc  MMAG.L : Peel Hunt initiates with buy rating and 233p target price
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
     * Admiral  ADML.L : Peel Hunt raises target price to 2,430p from 2,120p
     * Ageas SA  AGES.BR : JP Morgan raises target price to EUR 60.57 from EUR 55.87
     * Antofagasta  ANTO.L : Peel Hunt cuts target price to 1,520p from 1,615p
     * Antofagasta  ANTO.L : Peel Hunt raises to hold from reduce
     * B&M European value Retail SA  BMEB.L : HSBC raises target price to 625p
     * Close Brothers Group Plc  CBRO.L : Jefferies raises target price to 1500p from 1020p
     * Close Brothers Group Plc  CBRO.L : Jefferies raises to hold from underperform
     * Danone  DANO.PA : Berenberg cuts to sell from hold
     * Danone  DANO.PA : Berenberg cuts price target to EUR 55 from EUR 60
     * Embracer Group AB  EMBRACb.ST : Barclays initiates with equal weight rating;PT of SEK 255
     * Flutter Entertainment Plc  FLTRF.L : HSBC raises to hold from reduce
     * Fortum Oyj  FORTUM.HE : Credit Suisse raises target price to EUR 22.4 from EUR 19
     * MusicMagpie Plc  MMAG.L : Peel Hunt initiates with buy rating and 233p target price
     * PKO BP  PKO.WA : HSBC raises target price to PLN 39 from PLN 29
     * Revolution Bars Group Plc  RBG.L : Finncap cuts target price to 40p from 45p
     * Ryanair  RYA.I : JP Morgan cuts target price to EUR 15.8 from EUR 16.3
     * Stillfront Group AB (Publ)  SFRG.ST : Barclays initiates with overweight rating; PT of SEK
 98
     * Travis Perkins  TPK.L : Jefferies cuts target price to 1,906p from 1,953p
     * Tremor International Ltd  TRMR.L : Jefferies initiates coverage with buy rating; PT 920p
     * Uniper SE  UN01.DE : Credit Suisse raises target price to EUR 28.1 from EUR 27.2
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))