Europe Research Roundup: Scout24, Temenos, Umicore

Suse SA

09/12/2021 07:33

Dec 9 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Scout24, Temenos and Umicore, on Thursday. 
    
    HIGHLIGHTS
     * Auto1 Group SE  AG1G.DE : JP Morgan cuts to neutral from overweight 
     * Kahoot ASA  KAHOT.OL : JP Morgan cuts to neutral from overweight     
     * Scout24 SE  G24n.DE : JP Morgan raises to overweight from neutral     
     * Temenos AG  TEMN.S : JP Morgan raises to overweight from neutral 
     * Umicore SA  UMI.BR : Jefferies cuts to underperform from hold        
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
     * Adevinta ASA  ADEA.OL : JP Morgan cuts target price to NOK 149 from NOK 190 
     * Atos  ATOS.PA : JP Morgan cuts target price to EUR 42 from EUR 52 
     * Auction Technology Group Plc  ATG.L : JP Morgan raises target price to 1735p from 1687p 
     * Auto Trader  AUTOA.L : JP Morgan cuts target price to 598p from 630p 
     * Auto1 Group SE  AG1G.DE : JP Morgan cuts target price to EUR 28 from EUR 52 
     * Auto1 Group SE  AG1G.DE : JP Morgan cuts to neutral from overweight 
     * Berkeley Group  BKGH.L : Peel Hunt raises target price to 5025p from 4950p 
     * Centamin Plc  CEY.L : Peel Hunt cuts target price to 130p from 140p 
     * Conduit Holdings Ltd  CRE.L : Peel Hunt cuts target price to 510p from 620p 
     * Deliveroo Plc  ROO.L : JP Morgan cuts target price to 297p from 392p 
     * Delivery Hero SE  DHER.DE : JP Morgan cuts target price to EUR 139 from EUR 155 
     * H&M  HMb.ST : Credit Suisse cuts target price to SEK 154 from SEK 157 
     * H&M  HMb.ST : HSBC cuts target price to SEK 210 from SEK 225 
     * Hellofresh SE  HFGG.DE : Credit Suisse cuts target price to EUR 93 from EUR 95 
     * Inchcape Plc  INCH.L : HSBC raises target price to 975p from 955p 
     * Inditex  ITX.MC : Credit Suisse raises target price to EUR 27 from EUR 26 
     * Intercos SpA  ICOS.MI : Jefferies initiates coverage with hold rating and PT of EUR 16 
     * Just Eat Takeaway.Com  JETJ.L : JP Morgan cuts target price to 6527p from 8632p 
     * Kahoot ASA  KAHOT.OL : JP Morgan cuts target price to NOK 49 from NOK 87 
     * Kahoot ASA  KAHOT.OL : JP Morgan cuts to neutral from overweight 
     * Landis+Gyr Group AG  LANDI.S : Credit Suisse cuts target price to CHF 70 from CHF 73 
     * Munich Re  MUVGn.DE : HSBC raises target price to EUR 285 from EUR 275 
     * Schibsted ASA  SCHA.OL : JP Morgan cuts target price to NOK 438 from NOK 551 
     * Schibsted ASA  SCHA.OL : JP Morgan cuts to neutral from overweight 
     * Scout24 SE  G24n.DE : JP Morgan cuts target price to EUR 71 from EUR 76 
     * Scout24 SE  G24n.DE : JP Morgan raises to overweight from neutral 
     * Softwareone Holding AG  SWON.S : JP Morgan cuts target price to CHF 27 from CHF 30 
     * Stagecoach Group Plc  SGC.L : Peel Hunt raises target price to 130p from 125p 
     * Suse SA  SUSEG.DE : JP Morgan raises target price to EUR 38 from EUR 35 
     * Temenos AG  TEMN.S : JP Morgan raises target price to CHF 165 from CHF 155 
     * Temenos AG  TEMN.S : JP Morgan raises to overweight from neutral 
     * Trainline  TRNT.L : JP Morgan cuts target price to 325p from 358p 
     * Trustpilot Group Plc  TRST.L : JP Morgan cuts target price to 390p from 410p 
     * Umicore SA  UMI.BR : Jefferies cuts to underperform from hold
     * Umicore SA  UMI.BR : Jefferies cuts target price to EUR 33 from EUR 46 
     * Vgp NV  VGP1.BR : JP Morgan raises target price to EUR 260 from EUR 240 
     * Volvo Car AB  VOLCARb.ST : JP Morgan initiates with neutral rating and SEK 85 target price 
     * Volvo Car AB  VOLCARb.ST : Stifel initiates with sell rating and price target of SEK 61 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))