Europe Research Roundup: Neste Oyj, Rolls Royce, Safestore Holdings

Telekom Austria AG

12/04/2022 08:36

April 12 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Neste Oyj, Rolls Royce and Safestore Holdings, on Tuesday. 
    
   HIGHLIGHTS  
     * Bank of Ireland Group Plc  BIRG.I : Berenberg raises to buy from hold 
     * Neste Oyj  NESTE.HE : JP Morgan raises to overweight from neutral
     * Rolls Royce  RR.L : JP Morgan cuts to underweight from neutral
     * Safestore Holdings Plc  SAFE.L : HSBC cuts to hold from buy 
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.    

     * AstraZeneca  AZN.L : Berenberg raises target price to 12000p from 10000p 
     * Bank of Ireland Group Plc  BIRG.I : Berenberg raises to buy from hold 
     * Bank of Ireland Group Plc  BIRG.I : Berenberg raises PT to EUR 7.50 from EUR 4.60 
     * Big Yellow Group Plc  BYG.L : HSBC raises target price to 1650p from 1533p 
     * Compagnie Plastic Omnium SE  PLOF.PA : JP Morgan cuts target price to EUR 22 from EUR 24 
     * Gerresheimer AG  GXIG.DE : JP Morgan cuts target price to EUR 68.90 from EUR 72.20 
     * H&M  HMb.ST : HSBC cuts target price to SEK 130 from SEK 140 
     * Imperial Brands  IMB.L : Jefferies raises target price to 1,668p from 1,595p 
     * Jet2 Plc  JET2.L : Peel Hunt raises target price to 1600p from 1550p 
     * Kenmare Resources Plc  KMR.L : Peel Hunt raises target price to 685p from 620p 
     * Mortgage Advice Bureau (Holdings) Plc  MAB1.L : Peel Hunt raises to buy from add 
     * Mortgage Advice Bureau (Holdings) Plc  MAB1.L : Peel Hunt raises PT to 1620p from 1468p 
     * Munters Group AB  MTRS.ST : Jefferies cuts target price to SEK 62 from SEK 73 
     * Neste Oyj  NESTE.HE : JP Morgan raises to overweight from neutral
     * Neste Oyj  NESTE.HE : JP Morgan raises target price to EUR 53 from EUR 52 
     * Rank Group  RNK.L : Peel Hunt cuts target price to 220p from 240p 
     * Rolls Royce  RR.L : JP Morgan adds stock to its analyst focus list 
     * Rolls Royce  RR.L : JP Morgan cuts to underweight from neutral
     * Rolls Royce  RR.L : JP Morgan cuts target price to 75p from 140p 
     * Safestore Holdings Plc  SAFE.L : HSBC cuts to hold from buy 
     * Safestore Holdings Plc  SAFE.L : HSBC raises target price to 1515p from 1200p 
     * Sixt SE  SIXG.DE : Jefferies cuts target price to EUR 160 from EUR 195 
     * Smurfit Kappa  SKG.I : Credit Suisse cuts target price to EUR 55 from EUR 60 
     * Societe Generale SA  SOGN.PA : Credit Suisse raises target price to EUR 38 from EUR 36 
     * Swedish Match AB  SWMA.ST : Credit Suisse raises target price to SEK 88 from SEK 78 
     * Telekom Austria AG  TELA.VI : Jefferies cuts target price to EUR 8 from EUR 8.82 
     * Telia  TELIA.ST : JP Morgan raises target price to SEK 35 from SEK 33 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))