Europe Research Roundup: Adyen, H&M, Renault
20/06/2022 08:03
June 20 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adyen, H&M and Renault, on Monday.
HIGHLIGHTS
* Adyen NV ADYEN.AS : Citigroup cuts price target to EUR 1100 from EUR 1750
* Deliveroo Plc ROO.L : JP Morgan cuts to underweight from neutral
* H&M HMb.ST : RBC cuts target price to SEK 140 from SEK 150
* Renault RENA.PA : Jefferies raises to buy from hold; raises PT to EUR 40 from EUR 22
* Vinci SGEF.PA : Barclays raises target price to EUR 114 from EUR 113
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Accor ACCP.PA : HSBC cuts target price to EUR 36 from EUR 39
* Adevinta ASA ADEA.OL : Citigroup cuts price target to NOK 75 from NOK 80
* Adyen NV ADYEN.AS : Citigroup cuts price target to EUR 1100 from EUR 1750
* Akzo Nobel NV AKZO.AS : Citigroup cuts price target to EUR 105 from EUR 120
* Amundi SA AMUN.PA : Morgan Stanley cuts target price to EUR 67.7 from EUR 76.2
* Ascom Holding AG ASCN.S : Credit Suisse cuts target price to CHF 7.20 from CHF 13.70
* ASOS Plc ASOS.L : Barclays cuts target price to 1075p from 1615p
* ASOS Plc ASOS.L : Credit Suisse cuts target price to 1450p from 2850p
* ASOS Plc ASOS.L : HSBC cuts target price to 860p from 1540p
* Boohoo Group Plc BOOH.L : HSBC cuts target price to 70p from 75p
* CCC S.A. CCCP.WA : HSBC cuts target price to PLN 50 from PLN 58
* Credit Suisse Group AG CSGN.S : Deutsche Bank cuts target price to CHF 7 from CHF 8
* Deliveroo Plc ROO.L : JP Morgan cuts to underweight from neutral
* Deliveroo Plc ROO.L : JP Morgan cuts target price to 81p from 94p
* Delivery Hero SE DHER.DE : JP Morgan cuts target price to EUR 31.20 from EUR 34
* ENI ENI.MI : HSBC raises to buy from restricted
* Glencore GLEN.L : JP Morgan raises target price to 650p from 630p
* H&M HMb.ST : RBC cuts target price to SEK 140 from SEK 150
* Halfords Group Plc HFD.L : RBC cuts target price to 190p from 330p
* Halma HLMA.L : JP Morgan raises target price to 2435p from 2415p
* Intercontinental Hotels IHG.L : HSBC raises target price to 4900p from 4800p
* ITM Power Plc ITM.L : Berenberg cuts target price to 185p from 225p
* Julius Baer Gruppe AG BAER.S : Deutsche Bank cuts target price to CHF 60 from CHF 68
* Just Eat Takeaway.com JETJ.L : JP Morgan cuts target price to 1446p from 1758p
* LPP S.A. LPPP.WA : HSBC raises target price to PLN 12500 from PLN 12300
* LVMH LVMH.PA : Jefferies cuts target price to EUR 700 from EUR 750
* Mavi MAVI.IS : HSBC raises target price to TRY 72 from TRY 55
* Moncler MONC.MI : Jefferies cuts target price to EUR 50 from EUR 60
* Nexi SpA NEXII.MI : Citigroup cuts price target to EUR 8.6 from EUR 10
* Paragon Banking PAGPA.L : RBC raises target price to 600p from 560p
* Pennon Group Plc PNN.L : Jefferies cuts target price to 840p from 900p
* Renault RENA.PA : Jefferies raises to buy from hold; raises PT to EUR 40 from EUR 22
* Telekom Austria AG TELA.VI : Citigroup cuts price target to EUR 7 from EUR 7.5
* Temenos AG TEMN.S : Citigroup cuts price target to CHF 85 from CHF 88
* UBS Group AG UBSG.S : Deutsche Bank cuts target price to CHF 22 from CHF 23
* United Utilities UU.L : Jefferies cuts target price to 950p from 1000p
* Vinci SGEF.PA : Barclays raises target price to EUR 114 from EUR 113
* Whitbread WTB.L : HSBC raises target price to 4000p from 3900p
* Worldline SA WLN.PA : Citigroup cuts price target to EUR 50 from EUR 58
(Compiled by Bengaluru Newsroom)
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