Europe Research Roundup: Allegro, Bytes Technology Group, Lion Finance Group
EUROPE RESEARCH ROUNDUP-Allegro, Bytes Technology Group, Lion Finance Group Sept 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Allegro, Bytes Technology Group and Lion Finance Group, on Friday.
HIGHLIGHTS
* Allegro ALEP.WA: Barclays raises to overweight from equal-weight |
* Bytes Technology Group Plc BYIT.L: Berenberg raises to buy from hold |
* ING Groep N.V. INGA.AS: Citigroup raises target price to EUR 36 from EUR 33 |
* Lion Finance Group BGEO.L: JP Morgan raises target price to 16700p from 14100p |
* Soitec SOIT.PA: Barclays raises target price to EUR 200 from EUR 110 |
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* ABN Amro Bank NV ABNd.AS: Citigroup raises target price to EUR 54 from EUR 50 |
* Alfa Laval ALFA.ST: JP Morgan cuts target price to SEK 578 from SEK 585 |
* Allegro ALEP.WA: Barclays raises target price to PLN 61 from PLN 35 |
* Allegro ALEP.WA: Barclays raises to overweight from equal-weight |
* Assa Abloy ASSAb.ST: Barclays raises target price to SEK 467 from SEK 459 |
* Beijer Ref BEIJb.ST: Barclays cuts target price to SEK 170 from SEK 172 |
* Bilfinger SE GBFG.DE: Deutsche Bank cuts target price to EUR 100 from EUR 125 |
* Bilfinger SE GBFG.DE: Alphavalue cuts target price to EUR 88.7 from EUR 130 |
* Bilfinger SE GBFG.DE: Alphavalue cuts to add from buy |
* Bilfinger SE GBFG.DE: Bernstein cuts target price to EUR 62 from EUR 105 |
* Bilfinger SE GBFG.DE: Bernstein cuts to market perform from outperform |
* Bytes Technology Group Plc BYIT.L: Berenberg raises target price to 520p from 360p |
* Bytes Technology Group Plc BYIT.L: Berenberg raises to buy from hold |
* Bytes Technology Group Plc BYIT.L: Deutsche Bank raises target price to 520p from 500p |
* Coca-Cola Europacific Partners Plc CCEPC.AS: ING cuts to hold from buy |
* Equinor EQNR.OL: BofA Global Research raises price objective to NOK 465 from NOK 400 |
* Equinor EQNR.OL: BofA Global Research raises to buy from neutral |
* Exosens EXENS.PA: Deutsche Bank raises target price to EUR 63 from EUR 60 |
* Frontier Developments Plc FDEV.L: Berenberg raises target price to 670p from 600p |
* Harbour Energy Plc HBR.L: BofA Global Research raises price objective to 350p from 280p |
* Harbour Energy Plc HBR.L: BofA Global Research raises to buy from neutral |
* Hill & Smith HILS.L: Barclays initiates coverage with overweight rating and PT 3300p |
* ING Groep N.V. INGA.AS: Citigroup raises target price to EUR 36 from EUR 33 |
* Lion Finance Group BGEO.L: JP Morgan raises target price to 16700p from 14100p |
* Mediaforeurope MFEA.MI: Barclays cuts target price to EUR 3 from EUR 3.4 |
* MJ Gleeson Plc GLEG.L: Berenberg cuts target price to 305p from 310p |
* Moncler MONC.MI: HSBC cuts target price to EUR 59 from EUR 60 |
* Moncler MONC.MI: Morgan Stanley cuts target price to EUR 50 from EUR 57 |
* Munters MTRS.ST: Jefferies cuts target price to SEK 190 from SEK 235 |
* Next Plc NXT.L: Morgan Stanley raises target price to 17,000p from 16,800p |
* Orange SA ORAN.PA: Morgan Stanley cuts target price to EUR 15 from EUR 16.5 |
* Orange SA ORAN.PA: Morgan Stanley cuts to underweight from equal weight |
* Randstad Holding NV RAND.AS: Barclays raises target price to EUR 24 from EUR 21 |
* RENK Group AG R3NK.DE: Goldman Sachs raises to buy from neutral |
* Siltronic AG WAFGn.DE: UBS raises target price to EUR 120 from EUR 105 |
* SKF SKFb.ST: JP Morgan raises target price to SEK 245 from SEK 230 |
* Smiths Group SMIN.L: Barclays reinstates coverage with equal weight rating |
* Smiths Group SMIN.L: Barclays reinstates coverage with target price 2740p |
* Soitec SOIT.PA: Barclays raises target price to EUR 200 from EUR 110 |
* Soitec SOIT.PA: Barclays raises to overweight from equal-weight |
* Straumann Holding AG STMN.S: Berenberg initiates coverage with buy rating |
* Straumann Holding AG STMN.S: Berenberg initiates coverage with target price CHF 118 |
* TKMS AG & Co KGaA TKMS.DE: Stifel initiates coverage with buy rating |
* TKMS AG & Co KGaA TKMS.DE: Stifel initiates coverage with price target EUR 105 |
* Wickes Group Plc WIX.L: Deutsche Bank raises target price to 210p from 165p |
* Wickes Group Plc WIX.L: Deutsche Bank raises to hold from sell |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
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