Europe Research Roundup: ASM International, Luceco, Voestalpine

Telenor ASA

11/06/2026 08:06

    June 11 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including ASM International, Luceco and Voestalpine, on Thursday. 
    
    HIGHLIGHTS
     * ASM International N.V.  ASMI.AS : Barclays raises target price to EUR 1200 from EUR 950
     * Evoke Plc  EVOK.L : Berenberg raises target price to 52p from 33p 
     * Luceco Plc  LUCEL.L : Jefferies initiates coverage with buy rating
     * Richemont  CFR.S : Berenberg raises target price to CHF 155 from CHF 150 
     * Voestalpine AG  VOES.VI : Citigroup raises target price to EUR 50 from EUR 45 
 Following is a summary of research actions on European companies reported by Reuters on Thursday
.Stock entries are in alphabetical order. 

    
     * Alfen  ALFEN.AS : Deutsche Bank raises target price to EUR 13 from EUR 10 
     * Alstom SA  ALSO.PA : Deutsche Bank cuts target price to EUR 19 from EUR 20 
     * ASM International N.V.  ASMI.AS : Barclays raises target price to EUR 1200 from EUR 950 
     * ASML Holding NV  ASML.AS : Goldman Sachs raises target price to EUR 1770 from EUR 1600 
     * Barratt Redrow Plc  BTRW.L : Morgan Stanley cuts target price to 260p from 300p 
     * BASF  BASFN.DE : Kepler Cheuvreux raises target price to EUR 56 from EUR 54 
     * BASF  BASFN.DE : Kepler Cheuvreux raises to buy from hold 
     * Bellway Plc  BWY.L : Berenberg cuts target price to 2,100p from 2,800p 
     * Bellway Plc  BWY.L : Citigroup cuts target price to 2300p from 2800p 
     * Berkeley Group Holdings Plc  BKGH.L : Morgan Stanley cuts target price to 2800p from 2990p 
     * Besi  BESI.AS : Goldman Sachs raises target price to EUR 315 from EUR 286 
     * Concurrent Technologies Plc  CNCT.L : Stifel raises target price to 295p from 250p 
     * Cucinelli  BCU.MI : Berenberg cuts target price to EUR 95 from EUR 120 
     * DCC  DCC.L : Stifel cuts to hold from buy; cuts target price to 6525p from 6800p 
     * DR ING HC F Porsche AG  P911_p.DE : Goldman Sachs raises target price to EUR 59 from EUR 39 
     * DR ING HC F Porsche AG  P911_p.DE : Goldman Sachs raises to buy from neutral 
     * Evoke Plc  EVOK.L : Berenberg raises target price to 52p from 33p 
     * Fastned  FASTN.AS : Deutsche Bank cuts to hold from buy 
     * Fastned  FASTN.AS : Deutsche Bank raises target price to EUR 33 from EUR 30 
     * Grenergy  GREG.MC : Berenberg raises target price to EUR 144 from EUR 136 
     * Halma  HLMA.L : Panmure Liberum raises target price to 4620p from 4270p 
     * Hermes  HRMS.PA : Berenberg cuts target price to EUR 1,850 from EUR 2,600
     * Infrastrutture Wireless Italiane SpA  INWT.MI : Morgan Stanley assumes coverage with equalweight rating 
     * Infrastrutture Wireless Italiane SpA  INWT.MI : Morgan Stanley assumes coverage with PT EUR 7 vs EUR 11 
     * Interroll  INRN.S : Kepler Cheuvreux cuts target price to CHF 1400 from CHF 2400 
     * Interroll  INRN.S : Kepler Cheuvreux cuts to reduce from hold 
     * Investor  INVEB.ST : Kepler Cheuvreux cuts to hold from buy 
     * Investor  INVEB.ST : Kepler Cheuvreux raises target price to SEK 403 from SEK 385 
     * Johnson Matthey  JMAT.L : Kepler Cheuvreux initiates coverage with buy rating and target price 2450p 
     * Kering  PRTP.PA : Berenberg cuts target price to EUR 175 from EUR 190 
     * Kering  PRTP.PA : Kepler Cheuvreux cuts target price to EUR 360 from EUR 400 
     * Luceco Plc  LUCEL.L : Jefferies initiates coverage with buy rating
     * Luceco Plc  LUCEL.L : Jefferies initiates coverage with target price 320p 
     * LVMH  LVMH.PA : Berenberg cuts target price to EUR 420 from EUR 560 
     * Mj Gleeson Plc  GLEG.L : Berenberg cuts target price to 310p from 345p 
     * Motorpoint Group Plc  MOTR.L : Deutsche Bank cuts target price to 170p from 180p 
     * Pennon Group  PNN.L : Deutsche Bank cuts target price to 550p from 620p 
     * Pennon Group Plc  PNN.L : Citigroup cuts target price to 552p from 656p 
     * Persimmon Plc  PSN.L : Morgan Stanley cuts target price to 1330p from 1390p 
     * Raspberry PI  RPI.L : Deutsche Bank raises target price to 650p from 550p 
     * Richemont  CFR.S : Berenberg raises target price to CHF 155 from CHF 150 
     * Richemont  CFR.S : BofA Global Research raises price objective to CHF 185 from CHF 175 
     * Rieter  RIEN.S : UBS cuts target price to CHF 3.2 from CHF 3.4 
     * Safestore Holdings Plc  SAFE.L : Jefferies cuts target price to 788p from 828p 
     * Safestore Holdings Plc  SAFE.L : Stifel cuts target price to 700p from 850p 
     * Schneider Electric  SCHN.PA : BofA Global Research raises price objective to EUR 320 from EUR 306 -
     * STMicroelectronics  STMPA.PA : Deutsche Bank raises target price to EUR 75 from EUR 52 
     * Swatch Group AG  UHR.S : Berenberg raises target price to CHF 130 from CHF 115 
     * Swisscom AG  SCMN.S : Morgan Stanley assumes coverage with PT CHF 600 vs CHF 720 
     * Swisscom AG  SCMN.S : Morgan Stanley assumes coverage with underweight vs overweight rating 
     * Syensqo NV  SYENS.BR : Berenberg raises target price to EUR 63.5 from EUR 54 
     * Taylor Wimpey Plc  TW.L : Morgan Stanley cuts target price to 65p from 75p 
     * Telenor  TEL.OL : Berenberg raises target price to NOK 158 from NOK 138 
     * Thales  TCFP.PA : Bernstein raises target price to EUR 290 from EUR 260 
     * Trustpilot  TRST.L : Barclays initiates coverage with overweight rating and target price 350p 
     * Umicore  UMI.BR : Kepler Cheuvreux cuts to hold from buy 
     * Umicore  UMI.BR : Kepler Cheuvreux raises target price to EUR 24 from EUR 20 
     * Vistry Group Plc  VTYV.L : Morgan Stanley cuts target price to 270p from 380p 
     * Vodafone Group Plc  VOD.L : Barclays cuts target price to 110p from 120p 
     * Vodafone Group Plc  VOD.L : Barclays cuts to equal-weight from overweight 
     * Voestalpine AG  VOES.VI : Citigroup raises target price to EUR 50 from EUR 45 
     * Voltalia SA  VLTSA.PA : Morgan Stanley cuts target price to EUR 7 from EUR 8 
     * Voltalia SA  VLTSA.PA : Morgan Stanley cuts to underweight from equal weight 
     * Volvo  VOLVB.ST : Kepler Cheuvreux cuts target price to SEK 335 from SEK 345 
     * WH Smith  SMWH.L : Barclays cuts target price to 455p from 615p 
     * WH Smith  SMWH.L : Deutsche Bank cuts target price to 390p from 550p 
     * WH Smith Plc  SMWH.L : UBS cuts target price to 480p from 600p 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))