Europe Research Roundup: Direct Line Insurance, Equals Group, Holmen AB

Tenaris SA

05/11/2024 07:34

Nov 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including
Direct Line Insurance, Equals Group and Holmen AB on Tuesday. 
     
    HIGHLIGHTS
                 * Cab Payments Holdings Plc  CABP.L : Peel Hunt cuts target price to 115p from 130p
 
                 * Deutsche Boerse AG  DB1Gn.DE : JP Morgan cuts target price to EUR 194 from EUR 196
 
                 * Direct Line Insurance  DLGD.L : JP Morgan cuts target price to 200p from 210p
 
                 * Equals Group Plc  EQLS.L : Peel Hunt cuts target price to 130p from 160p
 
                 * Holmen AB  HOLMb.ST : JP Morgan cuts target price to SEK 412 from SEK 414
 
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical
order.
  
                 * Andritz AG  ANDR.VI : JP Morgan cuts target price to EUR 77 from EUR 83.50
 
                 * Befesa SA  BFSA.DE : Berenberg cuts target price to EUR 31 from EUR 41
 
                 * Cab Payments Holdings Plc  CABP.L : Peel Hunt cuts target price to 115p from 130p
 
                 * Deutsche Boerse AG  DB1Gn.DE : JP Morgan cuts target price to EUR 194 from EUR 196
 
                 * Deutsche Konsum Reit-Ag  DKG.DE : Berenberg raises target price to EUR 5 from EUR 3.50
 
                 * Direct Line Insurance  DLGD.L : JP Morgan cuts target price to 200p from 210p
 
                 * Equals Group Plc  EQLS.L : Peel Hunt cuts target price to 130p from 160p
 
                 * Holmen AB  HOLMb.ST : JP Morgan cuts target price to SEK 412 from SEK 414
 
                 * Italy'S Prysmian  PRY.MI : JP Morgan raises target price to EUR 77 from EUR 75
 
                 * Knorr Bremse AG  KBX.DE : JP Morgan cuts target price to EUR 88 from EUR 91.5
 
                 * Pennon Group Plc  PNN.L : JP Morgan raises to overweight from neutral 
 
                 * Pennon Group Plc  PNN.L : JP Morgan raises target price to 700p from 600p
 
                 * Ryanair  RYA.I : JP Morgan raises target price to EUR 19 from EUR 18.50
 
                 * Safran  SAF.PA : JP Morgan raises target price to EUR 260 from EUR 230
 
                 * SCA AB  SCAb.ST : JP Morgan raises to neutral from underweight 
 
                 * SCA AB  SCAb.ST : JP Morgan raises target price to SEK 146 from SEK 135
 
                 * Schneider Electric  SCHN.PA : Berenberg cuts to hold from buy 
 
                 * Schneider Electric  SCHN.PA : Berenberg cuts target price to EUR 255 from EUR 261
 
                 * Severn Trent  SVT.L : JP Morgan raises to overweight from neutral 
 
                 * Severn Trent  SVT.L : JP Morgan raises target price to 2,975p from 2,700p
 
                 * Stora Enso Oyj  STERV.HE : JP Morgan cuts target price to EUR 11.9 from EUR 12.4
 
                 * Synthomer  SYNTS.L : Peel Hunt cuts target price to 325p from 350p
 
                 * Tenaris  TENR.MI : Jefferies raises target price to EUR 16 from EUR 14.5
 
                 * Unipol Gruppo SpA  UNPI.MI : Berenberg raises PT to EUR 12.80 from EUR 11.50
 
                 * United Utilities  UU.L : JP Morgan cuts target price to 1,175p from 1,250p
 
                 * UPM-Kymmene Oyj  UPM.HE : JP Morgan raises target price to EUR 35.5 from EUR 34.2
 
                 * Vallourec  VLLP.PA : Jefferies cuts target price to EUR 18 from EUR 19
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))