Europe Research Roundup: Duerr, Sika AG, Tomra Systems ASA

Tomra Systems ASA

24/10/2023 08:13

Oct 24 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Duerr, Sika AG and Tomra Systems ASA, on Tuesday. 
    
    HIGHLIGHTS
                 * Atoss Software AG  AOFG.DE : Berenberg raises target price to EUR 233 from EUR 232 
 
                 * Duerr  DUEG.DE : HSBC cuts to hold from buy     
 
                 * Getinge  GETIb.ST : JP Morgan raises target price to SEK 150 from SEK 134     
 
                 * Sika AG  SIKA.S : Jefferies raises target price to CHF 338 from CHF 325     
 
                 * Tomra Systems ASA  TOM.OL : Jefferies raises to hold from underperform     
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
                 * Ahold Delhaize  AD.AS : HSBC cuts target price to EUR 32 from EUR 33 
 
                 * Alstom  ALSO.PA : JP Morgan cuts target price to EUR 22 from EUR 36 
 
                 * Atoss Software AG  AOFG.DE : Berenberg raises target price to EUR 233 from EUR 232 
 
                 * Babcock International  BAB.L : Jefferies raises target price to 550p from 500p 
 
                 * Burberry  BRBY.L : Jefferies cuts target price to 1,800p from 2,200p 
 
                 * Camurus AB  CAMX.ST : Jefferies raises target price to SEK 380 from SEK 205 
 
                 * Compagnie Financiere Richemont SA  CFR.S : Jefferies cuts target to CHF 130 from CHF 140 
 
                 * Duerr  DUEG.DE : HSBC cuts target price to EUR 22 from EUR 38 
 
                 * Duerr  DUEG.DE : HSBC cuts to hold from buy 
 
                 * Foresight Group Holdings Ltd  FSGF.L : Peel Hunt cuts target price to 490p from 550p 
 
                 * Getinge  GETIb.ST : JP Morgan raises target price to SEK 150 from SEK 134 
 
                 * Getlink  GETP.PA : JP Morgan cuts target price to EUR 18 from EUR 19 
 
                 * Kering  PRTP.PA : Jefferies cuts target price to EUR 420 from EUR 440 
 
                 * Koninklijke Philips NV  PHG.AS : JP Morgan cuts target price to EUR 13.7 from EUR 15.5 
 
                 * L'Oreal  OREP.PA : Jefferies cuts target price to EUR 340 from EUR 350 
 
                 * LVMH  LVMH.PA : Jefferies cuts target price to EUR 710 from EUR 780 
 
                 * Man Group Plc  EMG.L : JP Morgan cuts target price to 303p from 315p
 
                 * Metro AG  B4B.DE : JP Morgan cuts target price to EUR 5.02 from EUR 8.84 
 
                 * Mobico Group Plc  MCG.L : Jefferies cuts target price to 100p from 160p 
 
                 * Moncler  MONC.MI : Jefferies cuts target price to EUR 56 from EUR 60 
 
                 * Sandvik AB  SAND.ST : JP Morgan cuts target price to SEK 220 from SEK 225 
 
                 * Sika AG  SIKA.S : Berenberg cuts target price to CHF 250 from CHF 310 
 
                 * Sika AG  SIKA.S : Jefferies raises target price to CHF 338 from CHF 325 
 
                 * Swatch Group AG  UHR.S : Jefferies cuts target price to CHF 240 from CHF 260 
 
                 * Swissquote Group Holding SA  SQN.S : Berenberg starts with buy rating; PT CHF 217 
 
                 * Tomra Systems ASA  TOM.OL : Jefferies cuts target price to NOK 90 from NOK 123 
 
                 * Tomra Systems ASA  TOM.OL : Jefferies raises to hold from underperform 
 
                 * Whitbread  WTB.L : HSBC cuts target price to 4800p from 4900p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))