Europe Research Roundup: Horizon Discovery Group, Medica Group, Vectura Group

Topdanmark A/S

27/01/2020 07:07

Jan 27 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Horizon Discovery Group, Medica Group and Vectura Group on Monday.
    
    HIGHLIGHTS  
     * Horizon Discovery Group Plc  HZDH.L : Peel Hunt cuts to hold from add
     * Medica Group Plc  MGPM.L : Peel Hunt cuts to reduce from hold
     * Silence Therapeutics Plc  SLN.L : Peel Hunt cuts to hold from buy
     * Vectura Group Plc  VEC.L : Peel Hunt raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.     
    
     * Abcam Plc  ABCA.L : Peel Hunt raises target price to 1470p from 1300p
     * ArcelorMittal SA  MT.AS : Jefferies cuts price target to EUR 18.50 from EUR 19
     * Bankia  BKIA.MC : Citigroup cuts price target to EUR 1.8 from EUR 1.85
     * Base Resources Ltd  BSE.L : Peel Hunt raises target price to 18.5p from 18p
     * Circassia Pharmaceuticals Plc  CIRCI.L : Peel Hunt cuts target price to 60p from 70p
     * Convatec Group Plc  CTEC.L : Peel Hunt cuts target price to 250p from 280p
     * Ericsson  ERICb.ST : Credit Suisse cuts target price to SEK 97 from SEK 104
     * Ferrovial  FER.MC : JP Morgan raises price target to EUR 32 from EUR 31
     * Fraport  FRAG.DE : JP Morgan cuts price target to EUR 70 from EUR 71
     * Hikma Pharmaceuticals Plc  HIK.L : Peel Hunt cuts target price to 1990p from 2050p
     * Horizon Discovery Group Plc  HZDH.L : Peel Hunt cuts to hold from add
     * Kloeckner & Co SE  KCOGn.DE : Jefferies raises price target to EUR 7.50 from EUR 6.70
     * Medica Group Plc  MGPM.L : Peel Hunt cuts to reduce from hold
     * Novozymes  NZYMb.CO : JP Morgan raises price target to DKK 315 from DKK 275
     * Outokumpu Oyj  OUT1V.HE : Jefferies raises price target to EUR 2.90 from EUR 2.60
     * Salzgitter AG  SZGG.DE : Jefferies cuts price target to EUR 12.50 from EUR 13.50
     * Serabi Gold Plc  SRB.L : Peel Hunt cuts target price to 140p from 157p
     * Silence Therapeutics Plc  SLN.L : Peel Hunt cuts to hold from buy
     * Silence Therapeutics Plc  SLN.L : Peel Hunt raises price target to 224p from 148p
     * SSAB AB  SSABa.ST : Jefferies cuts price target to SEK 35 from SEK 36
     * ThyssenKrupp  TKAG.DE : Jefferies raises price target to EUR 14.95 from EUR 14.80
     * Topdanmark  TOP.CO : Credit Suisse cuts price target to DKK 232 from DKK 249
     * Umicore SA  UMI.BR : Credit Suisse raises target price to EUR 31 from EUR 28
     * Vectura Group Plc  VEC.L : Peel Hunt raises to buy from hold
     * Voestalpine AG  VOES.VI : Jefferies cuts price target to EUR 21.50 from EUR 22
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))