Europe Research Roundup: Billerud, Sandvik, Tesco

Svenska Cellulosa Aktiebolaget SCA

29/09/2026 08:41

Sept 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Billerud, Sandvik and Tesco, on Tuesday.
     
HIGHLIGHTS
     
   * Billerud AB (Publ) BILL.ST: Jefferies raises target price to SEK 90 from SEK 80
   * Metso METSO.HE: Citigroup raises target price to EUR 17 from EUR 15.9 
   * Richemont CFR.S: JP Morgan raises target price to CHF 235 from CHF 220 
   * Sandvik AB SAND.ST: Citigroup raises target price to SEK 381 from SEK 372 
   * Tesco TSCO.L: Jefferies raises target price to 480p from 460p 
     
The following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. 
     
   * Aalberts N.V. AALB.AS: ING raises target price to EUR 47.25 from EUR 39.5 
   * Acciona Energia ANE.MC: Deutsche Bank raises target price to EUR 22 from EUR 21.5 
   * Adidas AG ADSGn.DE: Jefferies cuts target price to EUR 187 from EUR 205 
   * Adyen N.V. ADYEN.AS: Morgan Stanley raises target price to EUR 1320 from EUR 1300 
   * Anheuser Busch Inbev SA ABI.BR: Morgan Stanley raises PT to EUR 83.50 from EUR 82.50 
   * Anheuser-Busch Inbev ABI.BR: Deutsche Bank raises target price to EUR 80 from EUR 79 
   * Antin ANTIN.PA: Deutsche Bank cuts target price to EUR 9 from EUR 11.5 
   * ArcelorMittal SA MT.AS: Morgan Stanley raises target price to EUR 71 from EUR 70 
   * Avio SpA AVI.MI: Equita raises to buy rating 
   * Billerud AB (Publ) BILL.ST: Jefferies cuts to hold from buy
   * Billerud AB (Publ) BILL.ST: Jefferies raises target price to SEK 90 from SEK 80 
   * BMW BMWG.DE: Deutsche Bank cuts target price to EUR 78 from EUR 90 
   * Bridgepoint Group Plc BPTB.L: Jefferies raises target price to 485p from 390p 
   * Bureau Veritas BVI.PA: JP Morgan raises target price to EUR 34 from EUR 28 
   * Bureau Veritas BVI.PA: JP Morgan raises to overweight from neutral
   * Coca-Cola HBC AG CCH.L: Berenberg raises target price to 5,483p from 5,453p 
   * Epiroc EPIRa.ST: Citigroup raises target price to SEK 317 from SEK 301 
   * Essilorluxottica SA ESLX.PA: Stifel cuts target price to EUR 280 from EUR 290 
   * Eurofins Scientific SE EUFI.PA: Bernstein cuts target price to EUR 73.9 from EUR 77.2 
   * Eurofins Scientific SE EUFI.PA: Bernstein cuts to market perform from outperform
   * Eutelsat ETL.PA: Bernstein cuts target price to EUR 2.4 from EUR 2.9 
   * Ferrovial FER.MC: Jefferies cuts target price to EUR 55 from EUR 61 
   * Flsmidth FLS.CO: UBS raises target price to DKK 660 from DKK 600 
   * FMC AG FMEG.DE: Berenberg cuts target price to EUR 42 from EUR 60 
   * FMC AG FMEG.DE: Berenberg cuts to hold from buy
   * Gek Terna HRMr.AT: UBS cuts target price to EUR 54 from EUR 55 
   * Grenergy GREG.MC: Bernstein cuts target price to EUR 110 from EUR 125 
   * Grenergy GREG.MC: Bernstein raises to outperform from market perform
   * H & M HMb.ST: UBS cuts target price to SEK 163 from SEK 168 
   * Hellofresh SE HFGG.DE: Stifel cuts target price to EUR 1.9 from EUR 3 
   * Henkel AG & Co. KGaA HNKG_p.DE: Morgan Stanley cuts PT to EUR 69 from EUR 70 
   * Hermes HRMS.PA: Jefferies cuts target price to EUR 1,600 from EUR 2,000 
   * Holcim AG HOLN.S: Morgan Stanley raises target price to CHF 79 from CHF 78 
   * Iberdrola IBE.MC: Deutsche Bank raises target price to EUR 22 from EUR 18.5 
   * Iberdrola IBE.MC: Deutsche Bank raises to buy from hold 
   * Kier Group Plc KIE.L: RBC raises target price to 330p from 215p 
   * Lanxess LXSG.DE: Deutsche Bank cuts target price to EUR 13 from EUR 17 
   * Legal & General Group Plc LGEN.L: Citigroup raises target price to 248p from 245p 
   * Made Tech Group Plc MTECM.L: Canaccord Genuity raises target price to 70p from 60p 
   * Maersk MAERSKb.CO: Citigroup raises target price to DKK 23,406 from DKK 20,864 
   * Mercedes-Benz Group MBGn.DE: Deutsche Bank cuts target price to EUR 70 from EUR 73 
   * Metso METSO.HE: Citigroup raises target price to EUR 17 from EUR 15.9
   * Nestle NESN.S: UBS raises target price to CHF 81 from CHF 80 
   * Partners Group Holding AG PGHN.S: Jefferies cuts PT to CHF 605 from CHF 710 
   * Redcare Pharmacy RDC.DE: Deutsche Bank raises target price to EUR 104 from EUR 103 
   * Richemont CFR.S: JP Morgan raises target price to CHF 235 from CHF 220 
   * Sainsbury SBRY.L: Jefferies raises target price to 340p from 310p 
   * Salzgitter AG SZGG.DE: Morgan Stanley cuts target price to EUR 65 from EUR 67 
   * Sandvik AB SAND.ST: Citigroup raises target price to SEK 381 from SEK 372 
   * SCA AB SCAb.ST: Jefferies raises target price to SEK 136 from SEK 133 
   * SES SA SESFd.PA: Bernstein cuts target price to EUR 7.3 from EUR 10 
   * Siemens AG SIEGN.DE: HSBC raises target price to EUR 310 from EUR 300 
   * SKF SKFb.ST: Deutsche Bank raises target price to SEK 300 from SEK 290 
   * Smiths News Plc SNWS.L: Berenberg raises target price to 88p from 85p 
   * Solaria SLRS.MC: Bernstein cuts target price to EUR 19.8 from EUR 25.3 
   * Solaria SLRS.MC: Bernstein raises to outperform from market perform
   * SSAB SSABa.ST: Morgan Stanley raises target price to SEK 120 from SEK 115 
   * Tesco TSCO.L: Jefferies raises target price to 480p from 460p 
   * Vestas VWS.CO: Deutsche Bank cuts target price to DKK 205 from DKK 215 
   * Victrex Plc VCTX.L: Canaccord Genuity raises target price to 1050p from 725p 
   * Voestalpine AG VOES.VI: Morgan Stanley raises target price to EUR 51 from EUR 50
   * Volkswagen AG VOWG.DE: Deutsche Bank cuts target price to EUR 105 from EUR 115 
   * Volkswagen AG VOWG_p.DE: Deutsche Bank cuts target price to EUR 105 from EUR 115 
   * Wolters Kluwer N.V. WLSNc.AS: Bernstein cuts target price to EUR 100 from EUR 105 
   * Zephyr Energy Plc ZPHR.L: Panmure Liberum cuts target price to 9.50p from 9.90p 
   * Zigup Plc ZIG.L: Peel Hunt raises target price to 605p from 570p 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))