Europe Research Roundup: Convatec Group, Getinge, Rotork

Suse SA

07/07/2023 08:09

July 7 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Convatec Group, Getinge and Rotork, on Friday. 
    
    HIGHLIGHTS
                 * Convatec Group  CTEC.L : HSBC raises to hold from reduce 
 
                 * Elementis Plc  ELM.L : JP Morgan raises to overweight from neutral     
 
                 * Getinge  GETIb.ST : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Rotork Plc  ROR.L : Jefferies raises to buy from hold 
 
                 * United Internet  UTDI.DE : HSBC cuts to hold from buy             
 
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
                 * 1&1 AG  1U1.DE : HSBC cuts target price to EUR 11 from EUR 13.5 
 
                 * Accor  ACCP.PA : HSBC raises target price to EUR 42.5 from EUR 41 
 
                 * Adriatic Metals Plc  ADT1.L : Berenberg cuts target price to 270p from 280p 
 
                 * AO World Plc  AO.L : Peel Hunt raises target price to 100p from 70p 
 
                 * Ashtead Group  AHT.L : HSBC raises target price to 6610p from 6250p 
 
                 * Coca-Cola Europacific Partners Plc  CCEPC.AS : Credit Suisse ups PT to EUR 67 from EUR 65 
 
                 * Coloplast  COLOB.CO : HSBC raises target price to DKK 720 from DKK 690 
 
                 * Convatec Group  CTEC.L : HSBC raises to hold from reduce 
 
                 * Deliveroo Plc  ROO.L : JP Morgan raises target price to 104p from 88p 
 
                 * Elementis Plc  ELM.L : Jefferies cuts target price to 110p from 130p 
 
                 * Elementis Plc  ELM.L : JP Morgan raises to overweight from neutral 
 
                 * Engie  ENGIE.PA : HSBC raises target price to EUR 16 from EUR 15.5 
 
                 * GEA Group AG  G1AG.DE : JP Morgan cuts target price to EUR 36.5 from EUR 37 
 
                 * Gerresheimer AG  GXIG.DE : Credit Suisse raises target price to EUR 115 from EUR 110 
 
                 * Gerresheimer AG  GXIG.DE : JP Morgan raises target price to EUR 148.5 from EUR 144.1 
 
                 * Getinge  GETIb.ST : Morgan Stanley cuts target price to SEK 210 from SEK 255 
 
                 * Getinge  GETIb.ST : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Hill & Smith  HILS.L : Jefferies raises target price to 1,770p from 1,610p 
 
                 * HSBC  HSBA.L : JP Morgan raises target price to 680p from 630p 
 
                 * Jet2 Plc  JET2.L : Stifel raises target price to 1,800p from 1,770p 
 
                 * Just Eat Takeaway.Com  JETJ.L : JP Morgan cuts target price to 1,416p from 1,524p 
 
                 * Remy Cointreau  RCOP.PA : Credit Suisse cuts target price to EUR 152 from EUR 155 
 
                 * Rhi Magnesita NV  RHIM.L : Jefferies raises target price to 3,580p from 2,835p 
 
                 * Rotork Plc  ROR.L : Jefferies raises target price to 370p from 350p 
 
                 * Rotork Plc  ROR.L : Jefferies raises to buy from hold 
 
                 * Sandvik AB  SAND.ST : JP Morgan raises target price to SEK 235 from SEK 220 
 
                 * Spirax-Sarco  SPX.L : Jefferies cuts target price to 9,145p from 10,125p 
 
                 * Stadler Rail AG  SRAIL.S : JP Morgan raises target price to CHF 35.5 from CHF 34 
 
                 * Suse SA  SUSEG.DE : JP Morgan cuts target price to EUR 14 from EUR 20 
 
                 * Synthomer  SYNTS.L : Jefferies cuts target price to 80p from 160p 
 
                 * TI Fluid Systems  TIFS.L : Jefferies raises target price to 125p from 100p 
 
                 * United Internet  UTDI.DE : HSBC cuts target price to EUR 15 from EUR 25 
 
                 * United Internet  UTDI.DE : HSBC cuts to hold from buy 
 
                 * Videndum Plc  VIDV.L : Jefferies cuts target price to 1,280p from 1,455p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))