Europe Research Roundup: Adevinta ASA, Rolls Royce, TAG Immobilien AG

Terna Energy SA

13/06/2022 08:27

June 13 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adevinta ASA, Rolls Royce and TAG Immobilien AG, on Monday. 
    
    HIGHLIGHTS  
     * Adevinta ASA  ADEA.OL : Jefferies cuts target price to NOK 105 from NOK 115
     * Rolls Royce  RR.L : Morgan Stanley raises to overweight from equal-weight
     * TAG Immobilien AG  TEGG.DE : Barclays cuts to underweight from overweight
    
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Adevinta ASA  ADEA.OL : Jefferies cuts target price to NOK 105 from NOK 115
     * Akzo Nobel NV  AKZO.AS : Morgan Stanley cuts target price to EUR 110 from EUR 112
     * Assa Abloy AB  ASSAb.ST : Citigroup cuts price target to SEK 260 from SEK 300
     * Auto Trader  AUTOA.L : Jefferies cuts target price to 790p from 870p
     * Aveva  AVV.L : Barclays cuts target price to 3000p from 3600p
     * B&M  BMEB.L : Citigroup cuts price target to 400p from 650p
     * Bat  BATS.L : Jefferies raises target price to 4200p from 3900p
     * Big Yellow Group Plc  BYG.L : RBC cuts target price to 1350p from 1375p
     * Enel  ENEI.MI : RBC raises target price to EUR 9.75 from EUR 9.25
     * Genmab A/S  GMAB.CO : Citigroup cuts price target to DKK 2700 from DKK 2900
     * Hemnet Group AB (Publ)  HEM.ST : Jefferies cuts target price to SEK 130 from SEK 150
     * Inditex  ITX.MC : HSBC raises target price to EUR 30 from EUR 27
     * Londonmetric  LMPL.L : RBC raises target price to 325p from 305p
     * Rheinmetall AG  RHMG.DE : Goldman Sachs initiates coverage with buy rating; PT EUR 298
     * Rolls Royce  RR.L : Morgan Stanley raises to overweight from equal-weight
     * Rolls Royce  RR.L : Morgan Stanley cuts target price to 118p from 132p
     * Sainsbury  SBRY.L : Berenberg cuts target price to 230p from 285p
     * Santander  SAN.MC : Citigroup cuts price target to EUR 3 from EUR 3.2
     * Schibsted ASA  SCHA.OL : Jefferies cuts target price to NOK 285 from NOK 305
     * Scout24 SE  G24n.DE : Jefferies cuts target price to EUR 71 from EUR 80
     * TAG Immobilien AG  TEGG.DE : Barclays cuts to underweight from overweight
     * TAG Immobilien AG  TEGG.DE : Barclays cuts target price to EUR 16 from EUR 24
     * Terna  TRN.MI : RBC raises target price to EUR 6.8 from EUR 6.2
     * Vesuvius Plc  VSVS.L : Jefferies cuts target price to 535p from 705p
     * Voestalpine AG  VOES.VI : Jefferies raises target price to EUR 29 from EUR 27.50
     * Warehouse REIT Plc  WHRW.L : RBC cuts target price to 155p from 160p
    

 (Compiled by Bengaluru Newsroom)
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