Europe Research Roundup: Avolta, Spie, Ypsomed Holding

TotalEnergies SE

13/10/2026 07:59

Oct 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Avolta, Spie and Ypsomed Holding, on Tuesday.
     
HIGHLIGHTS
     
* Avolta AG AVOL.S: JP Morgan cuts target price to CHF 54 from CHF 55 
* Kingfisher KGF.L: JP Morgan raises target price to 295p from 290p
* Spie SA SPIE.PA: RBC initiates coverage with sector perform rating
* Telenor TEL.OL: JP Morgan cuts target price to NOK 145 from NOK 160 
* Ypsomed Holding AG YPSN.S: Berenberg initiates coverage with buy rating

Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
        
* Anglo American Plc AAL.L: Barclays raises target price to 4780p from 4500p 
* Anheuser Busch Inbev SA ABI.BR: TD Cowen cuts target price to EUR 76 from EUR 78 
* Antofagasta ANTO.L: Barclays cuts target price to 3530p from 3600p 
* ArcelorMittal MT.AS: Barclays raises target price to EUR 60 from EUR 55 
* Avolta AG AVOL.S: JP Morgan cuts target price to CHF 54 from CHF 55 
* Befesa SA BFSA.DE: Jefferies cuts target price to EUR 44 from EUR 45 
* Boliden BOL.ST: Barclays raises target price to SEK 720 from SEK 690 
* BP BP.L: Alphavalue raises to add from reduce
* Endeavour Mining EDV.L: Barclays raises target price to 4785p from 4525p 
* Evotec SE EVTG.DE: TD Cowen cuts target price to EUR 3 from EUR 4 
* Franchi Umberto Marmi SpA FUMA.MI: Berenberg cuts PT to EUR 6.80 from EUR 13 
* Givaudan SA GIVN.S: JP Morgan raises target price to CHF 4100 from CHF 3700 
* Glencore GLEN.L: Barclays raises target price to 705p from 650p 
* Greggs GRG.L: UBS cuts to neutral from buy 
* Hochschild Mining HOCM.L: Barclays cuts target price to 650p from 665p
* Integrafin Holdings Plc IHPI.L: RBC cuts target price to 520p from 530p 
* IWG IWG.L: Goldman Sachs initiates coverage with buy rating 
* Jungheinrich AG JUNG_p.DE: UBS initiates coverage with neutral rating and PT EUR 24 
* Kering PRTP.PA: TD Cowen cuts target price to EUR 235 from EUR 280 
* Kingfisher KGF.L: JP Morgan raises target price to 295p from 290p
* Kuehne+Nagel KNIN.S: UBS raises target price to CHF 225 from CHF 205 
* LVMH LVMH.PA: Jefferies cuts target price to EUR 415 from EUR 440
* LVMH LVMH.PA: JP Morgan cuts target price to EUR 500 from EUR 525 
* LVMH LVMH.PA: TD Cowen cuts target price to EUR 425 from EUR 510 
* LVMH Moet Hennessy Louis Vuitton LVMH.PA: Morgan Stanley cuts PT to EUR 420 from EUR 450 
* LVMH Moet Hennessy Louis Vuitton LVMH.PA: UBS cuts PT to EUR 510 from EUR 525 
* Mears Group Plc MERG.L: Berenberg raises target price to 600p from 565p 
* Natwest Group Plc NWG.L: Barclays raises target price to 850p from 740p 
* Natwest Group Plc NWG.L: Barclays raises to overweight from equal-weight 
* Orsted ORSTED.CO: Goldman Sachs cuts target price to DKK 155 from DKK 185 
* Orsted ORSTED.CO: Goldman Sachs cuts to neutral from buy
* Oxford Instruments OXIG.L: JP Morgan raises target price to 3500p from 3600p 
* Poste Italiane PST.MI: Morgan Stanley resumes coverage with overweight rating
* Poste Italiane PST.MI: Morgan Stanley resumes coverage with target price EUR 29 
* Rexel RXL.PA: Kepler Cheuvreux raises to buy from hold 
* Rio Tinto RIO.L: Citigroup cuts target price to 7000p from 7100p 
* SCA AB SCAb.ST: Citigroup raises target price to SEK 125 from SEK 110 
* Scor SCOR.PA: Barclays raises target price to EUR 32.3 from EUR 31.4 
* Serco Group Plc SRP.L: Berenberg raises target price to 400p from 350p 
* Spie SA SPIE.PA: Bernstein cuts target price to EUR 59.50 from EUR 62 
* Spie SA SPIE.PA: RBC initiates coverage with price target EUR 45 
* Spie SA SPIE.PA: RBC initiates coverage with sector perform rating
* Subsea 7 SUBC.OL: Bernstein raises target price to NOK 381 from NOK 240 
* Suedzucker SZUG.DE: Deutsche Bank raises target price to EUR 11.2 from EUR 9 
* Technip Energies N.V. TE.PA: Goldman Sachs raises to buy from neutral 
* Telenor TEL.OL: JP Morgan cuts target price to NOK 145 from NOK 160 
* Thales TCFP.PA: BofA Global Research raises PT to EUR 315 from EUR 312 
* THE Magnum ICE Cream Company N.V. MICCT.AS: Berenberg cuts PT to EUR 14.80 from EUR 15 
* THE Magnum ICE Cream Company N.V. MICCT.L: Berenberg cuts PT to 1250p from 1280p 
* Totalenergies SE TTEF.PA: TD Cowen cuts target price to EUR 92 from EUR 94 
* Unilever ULVR.L: TD Cowen cuts target price to 5600p from 5700p 
* Victorian Plumbing Group Plc VIC.L: Canaccord Genuity raises PT to 135p from 132p 
* Victrex Plc VCTX.L: Peel Hunt raises target price to 1200p from 700p 
* Whitbread WTB.L: JP Morgan raises target price to 2740p from 2600p 
* Wise WISEa.L: UBS raises target price to 1300p from 1160p 
* YouGov Plc YOU.L: JP Morgan raises target price to 380p from 375p 
* Ypsomed Holding AG YPSN.S: Berenberg initiates coverage with buy rating
* Ypsomed Holding AG YPSN.S: Berenberg initiates coverage with price target CHF 450 
* Zurich Insurance Group ZURN.S: Goldman Sachs reinstates coverage with neutral rating 

 (Compiled by Bengaluru Newsroom)
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