Europe Research Roundup: B&M, LVMH, Ocado

Tharisa

24/07/2024 08:16

July 24 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including B&M, LVMH and Ocado on Wednesday. 
    
    HIGHLIGHTS

                 * B&M  BMEB.L : JP Morgan cuts target price to 469p from 471p
 
                 * LVMH  LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710    
 
                 * Ocado  OCDO.L : HSBC raises target price to 305p from 285p
 
                 * Sap SE  SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210
 
                 * Tharisa Plc  THST.L : Peel Hunt raises target price to 200p from 195p
 
                     
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * B&M  BMEB.L : JP Morgan cuts target price to 469p from 471p
 
                 * Edenred  EDEN.PA : JP Morgan cuts target price to EUR 65 from EUR 69
 
                 * Finecobank  FBK.MI : JP Morgan cuts target price to EUR 16.60 from EUR 16.80
 
                 * Kuehne Und Nagel International AG  KNIN.S : TD Cowen raises target to CHF 270 from CHF 252
 
                 * LVMH  LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710
 
                 * M6  MMTP.PA : JP Morgan raises target price to EUR 14.30 from EUR 14
 
                 * Ocado  OCDO.L : HSBC raises target price to 305p from 285p
 
                 * Regional REIT Ltd  RGLR.L : Peel Hunt cuts target price to 18p from 20p
 
                 * Regional REIT Ltd  RGLR.L : Peel Hunt raises to buy from hold
 
                 * SAP SE  SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210
 
                 * SAP SE  SAPG.DE : JP Morgan raises target price to EUR 220 from EUR 205
 
                 * Telia  TELIA.ST : JP Morgan raises target price to SEK 30 from SEK 29
 
                 * Temenos AG  TEMN.S : JP Morgan cuts target price to CHF 70 from CHF 84
 
                 * Tharisa Plc  THST.L : Peel Hunt raises target price to 200p from 195p
 
                 * UPM-Kymmene Oyj  UPM.HE : Jefferies cuts target price to EUR 34.5 from EUR 35.8
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))