Europe Research Roundup: Abrdn Plc , Crest Nicholson Holdings, Paragon Banking

Tryg A/S

13/06/2024 08:22

June 13 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies including Abrdn Plc, Crest Nicholson Holdings and Paragon Banking, on
Thursday.
    
    HIGHLIGHTS
    
     * Abrdn Plc  ABDN.L : Jefferies assumes coverage with hold rating; price target 155p vs 180p 
                 * Crest Nicholson Holdings Plc  CRST.L : Jefferies raises target price to 265p from 237p 
 
     * Frontier Developments Plc  FDEV.L : Deutsche Bank raises to hold from sell 
                 * Paragon Banking  PAGPA.L : Peel Hunt raises target price to 905p from 810p 
 
     * Tracsis Plc  TRCS.L : Berenberg cuts target price to 1,245p from 1,295p 
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
    
                 * Abrdn Plc  ABDN.L : Jefferies assumes coverage with hold rating; PT 155p vs 180p 
 
                 * Aker Solutions ASA  AKSOA.OL : Citigroup raises target price to NOK 45 from NOK 40 
 
                 * Alfa Laval  ALFA.ST : Deutsche Bank raises target price to SEK 458 from SEK 446 
 
                 * Antin  ANTIN.PA : Deutsche Bank cuts target price to EUR 14 from EUR 18 
 
                 * Cellnex  CLNX.MC : Jefferies raises target price to EUR 45 from EUR 42 
 
                 * Colruyt  COLR.BR : Barclays raises target price to EUR 40 from EUR 37 
 
                 * Crest Nicholson Holdings Plc  CRST.L : Jefferies raises target price to 265p from 237p 
 
                 * Equinor ASA  EQNR.OL : Berenberg raises target price to NOK 260 from NOK 250 
 
                 * Frontier Developments Plc  FDEV.L : Deutsche Bank raises target price to 300p from 200p 
 
                 * Frontier Developments Plc  FDEV.L : Deutsche Bank raises to hold from sell 
 
                 * Funding Circle Holdings Plc  FCH.L : Deutsche Bank cuts target price to 210p from 250p 
 
                 * Great Portland Estates Plc  GPEG.L : Jefferies cuts target price to 300p from 310p 
 
                 * Great Portland Estates Plc  GPEG.L : Jefferies raises to hold from underperform 
 
                 * Henkel  HNKG_p.DE : Deutsche Bank raises target price to EUR 77 from EUR 75 
 
                 * HSS Hire Group Plc  HSS.L : Deutsche Bank cuts target price to 13p from 18p 
 
                 * Hydro  NHY.OL : Goldman Sachs initiates coverage with buy rating; target price NOK 93 
 
                 * Ionos  IOSn.DE : Barclays raises target price to EUR 29.5 from EUR 26 
 
                 * Legal & General  LGEN.L : Barclays raises target price to 320p from 315p 
 
                 * Legal & General Group Plc  LGEN.L : Berenberg cuts target price to 265p from 289p 
 
                 * Marlowe Plc  MRLM.L : Peel Hunt raises target price to 629p from 453p 
 
                 * Molten Ventures Plc  GROW.L : Deutsche Bank raises target price to 662p from 661p 
 
                 * Neste Oyj  NESTE.HE : Citigroup cuts target price to EUR 30 from EUR 39 
 
                 * Nwf Group Plc  NWF.L : Peel Hunt cuts target price to 250p from 275p 
 
                 * Osb Group  OSBO.L : Jefferies cuts target price to 600p from 780p 
 
                 * Paragon Banking  PAGPA.L : Peel Hunt raises target price to 905p from 810p 
 
                 * Poste Italiane SpA  PST.MI : Morgan Stanley raises target price to EUR 15 from EUR 14.8 
 
                 * Soitec SA  SOIT.PA : Jefferies raises target price to EUR 155 from EUR 145 
 
                 * Subsea 7 SA  SUBC.OL : Citigroup raises target price to NOK 230 from NOK 205 
 
                 * Telefonica  TEF.MC : Deutsche Bank cuts target price to EUR 3.2 from EUR 4.3 
 
                 * Telefonica  TEF.MC : Deutsche Bank cuts to sell from hold 
 
                 * Tracsis Plc  TRCS.L : Berenberg cuts target price to 1,245p from 1,295p 
 
                 * Tryg  TRYG.CO : Morgan Stanley raises target price to DKK 182 from DKK 179 
 
                 * Umicore SA  UMI.BR : Berenberg cuts target price to EUR 16 from EUR 20 
 
                 * Umicore SA  UMI.BR : Jefferies cuts target price to EUR 16 from EUR 26 
 
                 * UPMKymmene Oyj  UPM.HE : Jefferies raises target price to EUR 35.8 from EUR 35.6 
 
                 * Victrex Plc  VCTX.L : Berenberg cuts target price to 1491p from 1680p 
 
                 * Victrex Plc  VCTX.L : Peel Hunt cuts target price to 1,500p from 1,800p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))