Europe Research Roundup: BAT, Bechtle, Rightmove

Technogym

24/03/2022 07:14

March 24 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BAT, Bechtle and Rightmove on Thursday. 
    
    HIGHLIGHTS    
     * BAT  BATS.L : JP Morgan raises to overweight from neutral
     * Bechtle AG  BC8G.DE : Jefferies raises to buy from hold
     * Rightmove  RMV.L : RBC raises to sector perform from underperform
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.     

     * Allreal Holding AG  ALLN.S : Baader Helvea cuts target price to CHF 175 from CHF 190
     * BAT  BATS.L : JP Morgan raises to overweight from neutral
     * BAT  BATS.L : JP Morgan raises target price to 4,000p from 3,550p
     * Bechtle AG  BC8G.DE : Jefferies raises to buy from hold
     * Beiersdorf AG  BEIG.DE : Jefferies raises target price to EUR 111 from EUR 109
     * Dometic Group AB (Publ)  DOMETIC.ST : Jefferies cuts target price to SEK 120 from SEK 123
     * Drax Group Plc  DRX.L : Jefferies cuts to hold from buy; raises PT to 700p from 660p
     * Enel  ENEI.MI : Jefferies raises to buy from hold; cuts PT to EUR 7 from EUR 7.20
     * Essity AB (Publ)  ESSITYb.ST : JP Morgan cuts target price to SEK 250 from SEK 275
     * Iberdrola  IBE.MC : Jefferies cuts target price to EUR 11.50 from EUR 12
     * IMI Plc  IMI.L : Jefferies cuts target price to 1,845p from 2,135p
     * Inchcape Plc  INCH.L : JP Morgan cuts target price to 920p from 1118p
     * L'Oreal  OREP.PA : Jefferies cuts to underperform from hold
     * L'Oreal  OREP.PA : Jefferies cuts target price to EUR 314 from EUR 409
     * Orsted A/S  ORSTED.CO : Jefferies raises to hold from underperform
     * Orsted A/S  ORSTED.CO : Jefferies raises target price to DKK 750 from DKK 680
     * Rightmove  RMV.L : RBC raises to sector perform from underperform
     * Rightmove  RMV.L : RBC raises target price to 630p from 600p
     * Santander  SAN.MC : JP Morgan raises target price to EUR 3.80 from EUR 3.70
     * SSE  SSE.L : Jefferies raises target price to 1830p from 1810p
     * Technogym SpA  TGYM.MI : JP Morgan cuts target price to EUR 7.50 from EUR 8.50
     * Ulker Biskuvi Sanayi As  ULKER.IS : JP Morgan raises PT to TRY 25.70 from TRY 24.80
 

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