Europe Research Roundup: Admiral, Mercedes-Benz Group, Ubisoft

Synlab AG

31/03/2022 07:58

March 31 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Admiral, Mercedes-Benz Group and Ubisoft, on Thursday. 
    
    HIGHLIGHTS  
     * Admiral  ADML.L : Peel Hunt raises to hold from reduce; cuts target to 2480p from 2720p
     * Dassault Systemes  DAST.PA : Credit Suisse initiates with rating underperform; EUR 36 PT
     * Mercedes-Benz Group AG  MBGn.DE : Credit Suisse cuts target price to EUR 83 from EUR 90
     * Synlab AG  SYAB.DE : HSBC cuts target price to EUR 26 from EUR 28
     * Ubisoft  UBIP.PA : HSBC cuts target price to EUR 64 from EUR 75
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
     * Admiral  ADML.L : Peel Hunt raises to hold from reduce; cuts target to 2480p from 2720p
     * Antin Infrastructure Partners SAS  ANTIN.PA : Citigroup raises PT to EUR 42.6 from EUR 42.2
     * Aveva  AVV.L : Credit Suisse initiates with rating neutral and 2680p target price
     * Conduit Holdings Ltd  CRE.L : Jefferies cuts target price to 570p from 765p
     * Dassault Systemes  DAST.PA : Credit Suisse initiates with rating underperform; EUR 36 PT
     * Eiffage  FOUG.PA : HSBC raises target price to EUR 120 from EUR 110
     * Electrocomponents Plc  ECM.L : JP Morgan raises target price to 1350p from 1300p
     * Italy'S Prysmian  PRY.MI : JP Morgan raises target price to EUR 38 from EUR 36.20
     * Mercedes-Benz Group AG  MBGn.DE : Credit Suisse cuts target price to EUR 83 from EUR 90
     * Newlat Food SpA  NWLF.MI : HSBC cuts target price to EUR 9.6 from EUR 10.1
     * Nexans  NEXS.PA : JP Morgan raises target price to EUR 81 from EUR 80
     * Orsted A/S  ORSTED.CO : Credit Suisse raises target price to DKK 610 from DKK 590
     * RWE AG  RWEG.DE : JP Morgan cuts target price to EUR 60 from EUR 64
     * Signify NV  LIGHT.AS : JP Morgan raises target price to EUR 56 from EUR 55
     * Siltronic AG  WAFGn.DE : Jefferies cuts target price to EUR 130 from EUR 160
     * Stillfront Group AB (Publ)  SFRG.ST : HSBC cuts target price to SEK 53 from SEK 57
     * Swedish Match AB  SWMA.ST : JP Morgan raises target price to SEK 66 from SEK 64
     * Swisscom AG  SCMN.S : Jefferies cuts target price to CHF 409 from CHF 413
     * Synlab AG  SYAB.DE : HSBC cuts target price to EUR 26 from EUR 28
     * Team17 Group Plc  TM17.L : HSBC cuts target price to 860p from 990p
     * Ubisoft  UBIP.PA : HSBC cuts target price to EUR 64 from EUR 75
     * Unite Group  UTG.L : JP Morgan cuts target price to 1300p from 1350p
     * Volex Plc  VLX.L : HSBC cuts target price to 435p from 570p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))