Europe Research Roundup: Abrdn Plc, BBVA, Premier Foods

thyssenkrupp nucera AG & Co KgaA

30/04/2024 09:51

April 30 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including Abrdn Plc, BBVA and Premier Foods on Tuesday. 
    
    HIGHLIGHTS  
                 * Abrdn Plc  ABDN.L : RBC raises target price to 140p from 135p
 
                 * BBVA  BBVA.MC : Berenberg raises target price to EUR 9.5 from EUR 8.3
 
                 * DWS Group Gmbh & Co KGaA  DWSG.DE : JP Morgan cuts to neutral from
 overweight
 
                 * Premier Foods  PFD.L : Deutsche Bank initiates coverage with buy rating
 and PT 210p
 
                 * Yara  YAR.OL : Morgan Stanley cuts target price to NOK 360 from NOK 380
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are
in alphabetical order.

                 * AAK  AAK.ST : Barclays raises target price to SEK 230 from SEK 198
 
                 * AB Foods  ABF.L : JP Morgan raises target price to 2250p from 2000p
 
                 * ABB Ltd  ABBN.S : Morgan Stanley raises target price to CHF 40 from CHF 34
 
                 * Abrdn Plc  ABDN.L : RBC raises target price to 140p from 135p
 
                 * ADP  ADP.PA : Barclays raises target price to EUR 122 from EUR 120
 
                 * Adyen NV  ADYEN.AS : Citigroup cuts target price to EUR 1,700 from EUR 1,800
 
                 * AG Barr Plc  BAG.L : Deutsche Bank initiates coverage with buy rating and PT 685p
 
                 * Aker Carbon Capture ASA  ACCA.OL : Berenberg cuts target price to NOK 8 from NOK 16
 
                 * Ams Osram  AMS.S : Deutsche Bank cuts target price to CHF 1.5 from CHF 1.8
 
                 * Anglo American  AAL.L : Deutsche Bank raises target price to 3100p from 2600p
 
                 * Antofagasta  ANTO.L : Peel Hunt cuts to sell from reduce
 
                 * Antofagasta  ANTO.L : Peel Hunt raises target price to 1695p from 1435p
 
                 * Aperam SA  APAM.AS : ING cuts target price to EUR 32 from EUR 35
 
                 * Athens International Airport SA  AIAr.AT : Morgan Stanley raises PT to EUR 8.8 from EUR 8.7
 
                 * Atlas Copco AB  ATCOa.ST : Morgan Stanley raises target price to SEK 175 from SEK 156
 
                 * Bakkavor Group Plc  BAKK.L : Deutsche Bank initiates coverage with buy rating
 
                 * Bakkavor Group Plc  BAKK.L : Deutsche Bank initiates coverage with PT 140p
 
                 * Banca Generali  BGN.MI : Barclays raises target price to EUR 38.9 from EUR 33.3
 
                 * Banco Bilbao Vizcaya Argentaria SA  BBVA.MC : Barclays raises PT to EUR 11.7 from EUR 11.4
 
                 * BBVA  BBVA.MC : Berenberg raises target price to EUR 9.5 from EUR 8.3
 
                 * BBVA  BBVA.MC : Morgan Stanley raises target price to EUR 12 from EUR 11.5
 
                 * Beazley  BEZG.L : RBC raises target price to 1000p from 975p
 
                 * Befesa SA  BFSA.DE : Berenberg cuts target price to EUR 41 from EUR 42
 
                 * BNP Paribas  BNPP.PA : Morgan Stanley raises target price to EUR 82 from EUR 74
 
                 * Britvic  BVIC.L : Deutsche Bank initiates coverage with buy rating and PT 1040p
 
                 * C&C Group  GCC.L : Deutsche Bank initiates coverage with buy rating and PT 185p
 
                 * Corbion  CORB.AS : Barclays raises target price to EUR 21.5 from EUR 20.5
 
                 * Cranswick Plc  CWK.L : Deutsche Bank initiates coverage with buy rating
 
                 * Cranswick Plc  CWK.L : Deutsche Bank initiates coverage with PT 4950p
 
                 * Deutsche Bank AG  DBKGn.DE : Citigroup cuts target price to EUR 16.5 from EUR 16.7
 
                 * Dhl Group  DHLn.DE : Morgan Stanley initiates coverage with overweight rating
 
                 * Dhl Group  DHLn.DE : Morgan Stanley initiates coverage with PT EUR 46
 
                 * DWS Group Gmbh & Co KGaA  DWSG.DE : JP Morgan cuts PT to EUR 43 from EUR 44
 
                 * DWS Group Gmbh & Co KGaA  DWSG.DE : JP Morgan cuts to neutral from overweight
 
                 * Endeavour Mining Plc  EDV.L : Stifel raises target price to 2500p from 2250p
 
                 * Fevertree Drinks  FEVR.L : Deutsche Bank initiates coverage with buy rating
 
                 * Fevertree Drinks  FEVR.L : Deutsche Bank initiates coverage with PT 1600p
 
                 * Fineco  FBK.MI : Barclays raises target price to EUR 14.3 from EUR 12.2
 
                 * Flatexdegiro AG  FTKn.DE : Berenberg raises target price to EUR 16 from EUR 14.5
 
                 * Freenet  FNTGn.DE : Barclays cuts target price to EUR 34 from EUR 36
 
                 * Genus Plc  GNS.L : Deutsche Bank initiates coverage with buy rating and PT 2300p
 
                 * Glanbia Plc  GL9.I : Deutsche Bank initiates coverage with buy rating and PT EUR 21
 
                 * Greencore Group  GNC.L : Deutsche Bank initiates coverage with sell rating and PT 105p
 
                 * Grifols  GRLS.MC : Berenberg cuts target price to EUR 19.8 from EUR 25.85
 
                 * Grifols  GRLSbn.MC : Berenberg cuts target price to EUR 14.85 from EUR 19.4
 
                 * Hexagon  HEXAb.ST : Berenberg raises target price to SEK 115 from SEK 105
 
                 * Hilton Food Group Ltd  HFG.L : Deutsche Bank initiates coverage with buy rating
 
                 * Hilton Food Group Ltd  HFG.L : Deutsche Bank initiates coverage with PT 1105p
 
                 * HSBC  HSBA.L : Morgan Stanley raises target price to 813p from 802p
 
                 * Kemira Oyj  KEMIRA.HE : HSBC raises target price to EUR 19 from EUR 18
 
                 * Koninklijke Philips NV  PHG.AS : Barclays raises target price to EUR 32 from EUR 23
 
                 * Koninklijke Philips NV  PHG.AS : ING raises target price to EUR 25 from EUR 19
 
                 * Koninklijke Philips NV  PHG.AS : JP Morgan raises PT to EUR 24.7 from EUR 19.5
 
                 * Koninklijke Philips NV  PHG.AS : JP Morgan raises to neutral from underweight
 
                 * Koninklijke Philips NV  PHG.AS : UBS raises target price to EUR 26.5 from EUR 16
 
                 * Koninklijke Philips NV  PHG.AS : UBS raises to neutral from sell
 
                 * Lagardere SA  LAGA.PA : Barclays raises target price to EUR 23.5 from EUR 23
 
                 * Lenzing AG  LENV.VI : Deutsche Bank cuts target price to EUR 30 from EUR 35
 
                 * Linea Directa  LDA.MC : Berenberg raises to buy from hold
 
                 * Linea Directa  LDA.MC : Berenberg raises PT to EUR 1.25 from EUR 0.82
 
                 * Maersk  MAERSKb.CO : Citigroup cuts target price to DKK 8,500 from DKR 8,700
 
                 * Marlowe Plc  MRLM.L : Berenberg cuts target price to 710p from 720p
 
                 * McBride Plc  MCB.L : Peel Hunt raises target price to 130p from 120p
 
                 * Mediolanum  BMED.MI : Barclays raises target price to EUR 12.8 from EUR 11.6
 
                 * Neste Oyj  NESTE.HE : Stifel cuts target price to EUR 40 from EUR 42
 
                 * Nichols Plc  NICL.L : Deutsche Bank initiates coverage with hold rating and PT 1100p
 
                 * Nordnet AB (Publ)  SAVE.ST : Morgan Stanley raises target price to SEK 156 from SEK 150
 
                 * Orange Belgium  OBEL.BR : Barclays raises target price to EUR 17 from EUR 16
 
                 * Philips  PHG.AS : Deutsche Bank raises target price to EUR 25 from EUR 17
 
                 * Philips  PHG.AS : Deutsche Bank raises to hold from sell
 
                 * Premier Foods  PFD.L : Deutsche Bank initiates coverage with buy rating and PT 210p
 
                 * PZ Cussons  PZC.L : Deutsche Bank initiates coverage with buy rating and PT 130p
 
                 * Recticel NV  RECT.BR : Berenberg raises target price to EUR 13.5 from EUR 12.5
 
                 * Rotork Plc  ROR.L : JP Morgan raises target price to 310p from 300p
 
                 * SCA AB  SCAb.ST : JP Morgan raises target price to SEK 144 from SEK 142
 
                 * Schroders  SDR.L : RBC cuts target price to 375p from 380p
 
                 * SEB AB  SEBa.ST : Berenberg cuts target price to SEK 143 from SEK 150
 
                 * SGL Carbon  SGCG.DE : Deutsche Bank cuts target price to EUR 11.2 from EUR 11.7
 
                 * Siltronic AG  WAFGn.DE : Citigroup cuts target price to EUR 95 from EUR 105
 
                 * Siltronic AG  WAFGn.DE : Stifel cuts target price to EUR 100 from EUR 111
 
                 * Sodexo  EXHO.PA : Citigroup raises target price to EUR 100 from EUR 94
 
                 * STMicroelectronics NV  STMPA.PA : Stifel cuts target price to EUR 46 from EUR 50
 
                 * Storebrand ASA  STB.OL : Jefferies raises target price to NOK 107 from NOK 98.5
 
                 * Subsea 7 SA  SUBC.OL : Berenberg raises target price to NOK 215 from NOK 182
 
                 * Tate & Lyle  TATE.L : Deutsche Bank initiates coverage with buy rating and PT 850p
 
                 * Telia  TELIA.ST : Morgan Stanley cuts target price to SEK 27 from SEK 28
 
                 * ThyssenKrupp Nucera  NCH2.DE : Deutsche Bank cuts target price to EUR 27 from EUR 29
 
                 * Totalenergies SE  TTEF.PA : HSBC raises target price to EUR 73.7 from EUR 71.5
 
                 * Treatt Plc  TET.L : Deutsche Bank initiates coverage with hold rating and PT 500p
 
                 * Unicaja Banco SA  UNI.MC : Barclays raises target price to EUR 1.3 from EUR 1.2
 
                 * Vinci SA  SGEF.PA : Morgan Stanley raises target price to EUR 140 from EUR 139
 
                 * Wartsila  WRT1V.HE : Barclays raises target price to EUR 9.6 from EUR 9.4
 
                 * Wartsila Oyj Abp  WRT1V.HE : Morgan Stanley raises PT to EUR 14.5 from EUR 12.3
 
                 * WPP Group  WPP.L : HSBC raises target price to 800p from 790p
 
                 * Yara  YAR.OL : Morgan Stanley cuts target price to NOK 360 from NOK 380
 
 


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