Europe Research Roundup: H&R Gmbh, ING Groep, Shell

Subsea 7

31/07/2026 08:28

July 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including H&R Gmbh, ING Groep and Shell on Friday. 

HIGHLIGHTS  
    
* Aixtron SE AIXGn.DE: Morgan Stanley cuts target price to EUR 40 from EUR 45 
* H&R Gmbh & Co KGaA 2HR.DE: Baader Helvea raises to buy from add
* ING Groep NV INGA.AS: RBC raises target price to EUR 32 from EUR 28 
* L'Oréal SA OREP.PA: Barclays raises target price to EUR 460 from EUR 450 
* Shell Plc SHEL.L: HSBC raises target price to 3650p from 3500p

Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order. 
* Adidas AG ADSGn.DE: Piper Sandler cuts target price to EUR 180 from EUR 200 
* Adidas AG ADSGn.DE: RBC cuts target price to EUR 200 from EUR 210 
* Adidas AG ADSGn.DE: Telsey Advisory Group cuts target price to EUR 200 from EUR 220 
* ADP ADP.PA: Barclays raises target price to EUR 150 from EUR 140 
* Aep Plantations ANEA.L: Canaccord Genuity initiates coverage with buy rating; PT 250p
* Air France Klm SA AIRF.PA: Morgan Stanley raises PT to EUR 13.5 from EUR 12.8 
* Air France-KLM AIRF.PA: Barclays cuts target price to EUR 11 from EUR 12 
* Aixtron AIXGn.DE: Barclays raises target price to EUR 42 from EUR 39 
* Aixtron SE AIXGn.DE: Jefferies cuts target price to EUR 44 from EUR 73 
* Aixtron SE AIXGn.DE: Morgan Stanley cuts target price to EUR 40 from EUR 45 
* Andritz ANDR.VI: Deutsche Bank raises target price to EUR 95 from EUR 90 
* Anheuser -Busch Inbev SA ABI.BR: UBS raises target price to EUR 90 from EUR 88 
* Anheuser-Busch Inbev SA ABI.BR: Morgan Stanley raises PT to EUR 82.5 from EUR 74 
* Arcadis NV ARDS.AS: UBS raises target price to EUR 39.5 from EUR 36.15 
* ArcelorMittal MT.AS: Deutsche Bank raises target price to EUR 66 from EUR 61 
* Arkema AKE.PA: Barclays cuts target price to EUR 51 from EUR 52 
* Arkema AKE.PA: Deutsche Bank raises target price to EUR 62 from EUR 55 
* ASMI International N.V.ASMI.AS: Jefferies cuts target price to EUR 690 from EUR 780 
* Azelis AZE.BR: Barclays raises target price to EUR 13 from EUR 11 
* Bachem BANB.S: Deutsche Bank raises target price to CHF 88 from CHF 80 
* Bachem Holding AG BANB.S: Jefferies cuts target price to CHF 50 from CHF 52 
* Bachem Holding AG BANB.S: UBS raises target price to CHF 88 from CHF 80 
* Banco Bilbao Vizcaya Argentaria SA BBVA.MC: Barclays ups PT to EUR 24.1 from EUR 23.6 
* Banco Comercial Portugues, S.A. BCP.LS: UBS raises PT to EUR 1.2 from EUR 1.18 
* BBVA BBVA.MC: UBS raises target price to EUR 23.4 from EUR 22 
* BMW BMWG.DE: Bernstein cuts target price to EUR 82 from EUR 85 
* Brunello Cucinelli S.P.A BCU.MI: UBS raises target price to EUR 101 from EUR 98 
* Bucher Industries AG BUCN.S: RBC cuts target price to CHF 330 from CHF 340 
* Capgemini CAPP.PA: Bernstein cuts target price to EUR 154 from EUR 208 
* Capgemini CAPP.PA: Citigroup raises target price to EUR 135 from EUR 130 
* Capgemini CAPP.PA: JP Morgan cuts target price to EUR 130 from EUR 150
* Coface SA COFA.PA: Berenberg cuts target price to EUR 21 from EUR 22.5 
* Colefax Group Plc CFX.L: Peel Hunt raises target price to 1550p from 1300p 
* CVS Group Plc CVSG.L: Barclays raises target price to 1630p from 1380p 
* Dbv Technologies DBV.PA: Portzamparc cuts PT to €4.41 from €4.90; rating 'accumulate' 
* Deezer DEEZR.PA: Deutsche Bank raises target price to EUR 1.3 from EUR 1.2 
* De'Longhi SpA DLG.MI: UBS raises target price to EUR 49 from EUR 46 
* DSM DSFIR.AS: UBS raises target price to EUR 104 from EUR 86 
* DSM-Firmenich DSFIR.AS: Barclays raises target price to EUR 92 from EUR 78 
* DSM-Firmenich AG DSFIR.AS: Berenberg raises target price to EUR 95 from EUR 72 
* DSM-Firmenich AG DSFIR.AS: Morgan Stanley raises target price to EUR 85 from EUR 73 
* EDP EDP.LS: Barclays raises target price to EUR 4.8 from EUR 4.5 
* Electrolux ELUXb.ST: Deutsche Bank raises target price to SEK 33 from SEK 30 
* Electrolux AB ELUXb.ST: UBS raises target price to SEK 33 from SEK 31 
* Elementis ELM.L: Deutsche Bank raises target price to 215p from 200p 
* Endeavour Mining Plc EDV.TO: CIBC cuts target price to C$110 from C$122 
* Endesa ELE.MC: Barclays raises target price to EUR 38 from EUR 34.5 
* Erste Group Bank AG ERST.VI: UBS raises target price to EUR 125 from EUR 112 
* Fagron NV FAGRO.BR: Berenberg raises target price to EUR 31 from EUR 29 
* Ferrari RACE.MI: Jefferies raises target price to EUR 400 from EUR 380 
* Ferrari NV RACE.MI: Morgan Stanley raises target price to EUR 388 from EUR 380 
* Fever-Tree Drinks Plc FEVR.L: Barclays cuts target price to 1140p from 1190p 
* Fineco FBK.MI: Barclays raises target price to EUR 28.6 from EUR 28.4 
* Fluidra FLUI.MC: Berenberg raises target price to EUR 28 from EUR 27 
* Greggs GRG.L: RBC cuts to sector perform from outperform
* Greggs GRG.L: RBC raises target price to 1960p from 1830p 
* H&R Gmbh & Co KGaA 2HR.DE: Baader Helvea raises target price to EUR 7.5 from EUR 5 
* H&R Gmbh & Co KGaA 2HR.DE: Baader Helvea raises to buy from add
* Haleon HLN.L: Barclays raises target price to 430p from 415p 
* Haleon HLN.L: Deutsche Bank raises target price to 335p from 325p 
* Heidelberg Materials HEIG.DE: Berenberg cuts target price to EUR 215 from EUR 245 
* Heidelberg Materials HEIG.DE: JP Morgan cuts target price to EUR 225 from EUR 250 
* Heidelberg Materials HEIG.DE: Morgan Stanley cuts PT to EUR 216 from EUR 224 
* Hexagon HEXAb.ST: Goldman Sachs reinstates coverage with neutral rating 
* Informa INF.L: Berenberg raises target price to 1,040p from 965p 
* Informa Plc INF.L: Barclays raises target price to 1055p from 1030p 
* ING INGA.AS: UBS raises target price to EUR 33.2 from EUR 31.5 
* ING Groep INGA.AS: Morgan Stanley raises target price to EUR 33 from EUR 31 
* ING Groep NV INGA.AS: RBC raises target price to EUR 32 from EUR 28 
* Intertek ITRK.L: Peel Hunt cuts to hold from add; raises PT to 6000p from 5498p 
* Italy'S Prysmian PRY.MI: Citigroup cuts target price to EUR 145 from EUR 146 
* Jc Decaux SA JCDX.PA: Barclays raises target price to EUR 27 from EUR 26 
* JCDecaux JCDX.PA: Berenberg raises target price to EUR 29 from EUR 28 
* Jeronimo Martins SGPS SA JMT.LS: Morgan Stanley cuts PT to EUR 15.1 from EUR 15.5 
* Kion KGX.DE: Barclays cuts target price to EUR 64 from EUR 68 
* Knorr-Bremse KBX.DE: Barclays raises target price to EUR 95 from EUR 92 
* Knorr-Bremse KBX.DE: Deutsche Bank raises target price to EUR 118 from EUR 115 
* L'Oréal SA OREP.PA: Barclays raises target price to EUR 460 from EUR 450 
* Mediolanum BMED.MI: Barclays raises target price to EUR 25.7 from EUR 24.8 
* Mondi MNDI.L: Morgan Stanley raises target price to 810p from 700p
* Mondi MNDI.L: Morgan Stanley raises to equal weight from underweight
* Mondi MNDI.L: UBS raises target price to 820p from 750p 
* Naturgy Energy NTGY.MC: Barclays raises target price to EUR 32 from EUR 30 
* Nemetschek NEKG.DE: Barclays cuts target price to EUR 80 from EUR 85 
* Nexans SA NEXS.PA: Barclays cuts target price to EUR 179 from EUR 191 
* Outokumpu OUT1V.HE: Deutsche Bank cuts target price to EUR 5 from EUR 5.2 
* Planisware SA PLNW.PA: Berenberg raises target price to EUR 28 from EUR 25 
* Prysmian SpA PRY.MI: Barclays raises target price to EUR 164 from EUR 161 
* Redcare Pharmacy RDC.DE: Deutsche Bank raises target price to EUR 103 from EUR 102 
* Redcare Pharmacy N.V. RDC.DE: UBS raises target price to EUR 74 from EUR 60 
* Redeia REDE.MC: Morgan Stanley raises target price to EUR 16 from EUR 15 
* Rentokil RTO.L: Alphavalue cuts to reduce from buy; cuts PT to 380p from 498p 
* Rentokil RTO.L: Bernstein cuts target price to 510p from 565p 
* Rentokil RTO.L: Citigroup cuts target price to 550p from 575p 
* Rentokil RTO.L: Goldman Sachs cuts target price to 530p from 590p 
* Rentokil RTO.L: JP Morgan cuts target price to 431p from 477p 
* Rentokil RTO.L: RBC cuts target price to 480p from 540p 
* Rentokil Initial Plc RTO.L: UBS cuts target price to 480p from 540p 
* Saint-Gobain SGOB.PA: Berenberg cuts target price to EUR 95 from EUR 100 
* Sanofi SASY.PA: Barclays cuts target price to EUR 79 from EUR 85 
* Sanofi SASY.PA: Citigroup cuts target price to EUR 78 from EUR 82 
* Sanofi SASY.PA: UBS cuts target price to EUR 78 from EUR 88 
* Schneider Electric SCHN.PA: Barclays raises target price to EUR 355 from EUR 350 
* Schneider Electric SCHN.PA: Bernstein raises target price to EUR 330 from EUR 310 
* Schneider Electric SCHN.PA: Deutsche Bank raises target price to EUR 320 from EUR 300
* Schneider Electric SCHN.PA: Morgan Stanley raises target price to EUR 320 from EUR 315 
* Schneider Electric SCHN.PA: UBS raises target price to EUR 335 from EUR 310
* Scor SCOR.PA: Berenberg raises target price to EUR 44 from EUR 37.90 
* Scor SCOR.PA: Citigroup raises target price to EUR 38.9 from EUR 35.7 
* Scor SCOR.PA: Jefferies raises target price to EUR 36 from EUR 27.5 
* Scor SCOR.PA: RBC raises target price to EUR 38 from EUR 35 
* Scor SCOR.PA: UBS raises target price to EUR 34.5 from EUR 33 
* Shell SHEL.L: UBS raises target price to 3,500p from 3,180p 
* Shell Plc SHEL.L: HSBC raises target price to 3,650p from 3,500p 
* Siltronic AG WAFGn.DE: Alphavalue ups to add from sell; ups PT to EUR 93.20 from EUR 52
* Siltronic AG WAFGn.DE: Deutsche Bank raises target price to EUR 100 from EUR 72 
* Siltronic AG WAFGn.DE: Deutsche Bank raises to buy from hold 
* Siltronic AG WAFGn.DE: Jefferies raises target price to EUR 114 from EUR 100 
* Societe Generale SOGN.PA: Morgan Stanley raises target price to EUR 89 from EUR 86 
* Spie SPIE.PA: Morgan Stanley raises target price to EUR 54 from EUR 53 
* Spie SA SPIE.PA: UBS raises target price to EUR 62 from EUR 60 
* Subsea 7 SUBC.OL: JP Morgan cuts target price to NOK 367 from NOK 370 
* Subsea 7 SUBC.OL: RBC raises target price to NOK 385 from NOK 375 
* Subsea 7 SA SUBC.OL: Barclays raises target price to NOK 435 from NOK 410 
* Syensqo NV SYENS.BR: Berenberg raises target price to EUR 82 from EUR 63.5 
* Syensqo NV SYENS.BR: Bernstein raises target price to EUR 85 from EUR 78 
* Symrise SY1G.DE: Barclays raises target price to EUR 94 from EUR 88 
* Symrise AG SY1G.DE: Morgan Stanley raises target price to EUR 99 from EUR 98 
* Taylor Wimpey TW.L: RBC cuts target price to 110p from 115p 
* Technip Energies TE.PA: Barclays cuts target price to EUR 48 from EUR 54 
* Technip Energies NV TE.PA: Goldman Sachs cuts target price to EUR 32 from EUR 36 
* TP TEPRF.PA: TP ICAP Midcap raises target price to €65 from €63; rating 'buy' 
* UBS Group AG UBSG.S: JP Morgan raises target price to CHF 46 from CHF 44 
* UMG UMG.AS: JP Morgan cuts target price to EUR 39 from EUR 48.10 
* Unite Group Plc UTG.L: UBS raises target price to 600p from 595p 
* URW URW.PA: JP Morgan raises target price to EUR 120 from EUR 115 
* Vallourec VLLP.PA: Barclays cuts target price to EUR 27 from EUR 30 
* Verbund AG VERB.VI: Citigroup cuts target price to EUR 55 from EUR 60 
* Verbund AG VERB.VI: Morgan Stanley raises target price to EUR 55 from EUR 54 
* Vesuvius VSVS.L: Barclays cuts target price to 350p from 420p 
* Weir WEIR.L: Deutsche Bank cuts target price to 3,180p from 3,230p 
* Weir WEIR.L: UBS cuts target price to 3,250p from 3,400p 
* Weir Group WEIR.L: Goldman Sachs raises target price to 3,140p from 2,820p 

 (Compiled by Bengaluru Newsroom)
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