Europe Research Roundup: IMI, St James's Place, Umicore

Tryg A/S

18/10/2023 08:04

Oct 18 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including IMI, St James's Place and Umicore on Wednesday. 
    
    HIGHLIGHTS
                 * IMI  IMI.L : HSBC raises target price to 2170p from
 2130p
 
                 * St James's Place  SJP.L : HSBC cuts to hold from buy
 
                 * Umicore SA  UMI.BR : Jefferies raises to hold from
 underperform
 
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * Aker BP ASA  AKRBP.OL : JP Morgan raises target price to NOK 420 from NOK 380
 
                 * Bellway Plc  BWY.L : JP Morgan cuts target price to 2,170p from 2,300p
 
                 * Campari  CPRI.MI : HSBC cuts target price to EUR 11.1 from EUR 11.2
 
                 * Centamin Plc  CEY.L : Berenberg cuts target price to 130p from 147p
 
                 * Enquest Plc  ENQ.L : JP Morgan raises target price to 30p from 27p
 
                 * Euroapi Sas  EAPI.PA : Berenberg cuts target price to EUR 6.6 from EUR 16.9
 
                 * Eurobank Ergasias Services and Holdings SA  EURBr.AT : JP Morgan raises PT to EUR 2.6
 from EUR 2.25
 
                 * Freenet AG  FNTGn.DE : Berenberg raises target price to EUR 30 from EUR 28
 
                 * IMI  IMI.L : HSBC raises target price to 2170p from 2130p
 
                 * Karnov Group AB (Publ)  KARNO.ST : Berenberg raises target price to SEK 75 from SEK 70
 
                 * Kenmare Resources Plc  KMR.L : Peel Hunt cuts target price to 625p from 665p
 
                 * Koninklijke Philips NV  PHG.AS : Bernstein cuts target price to EUR 17.5 from EUR 20
 
                 * Ocado  OCDO.L : HSBC cuts target price to 415p from 545p
 
                 * Rio Tinto  RIO.L : JP Morgan cuts target price to 6,170p from 6,200p
 
                 * S4 Capital  SFOR.L : HSBC cuts target price to 120p from 185p
 
                 * Saipem SpA  SPMI.MI : JP Morgan raises target price to EUR 3 from EUR 2.75
 
                 * St James's Place  SJP.L : HSBC cuts target price to 750p from 1125p
 
                 * St James's Place  SJP.L : HSBC cuts to hold from buy
 
                 * Tryg  TRYG.CO : Jefferies raises to buy from hold; raises PT to DKK 160 from DKK 142.5
 
                 * Tullow Oil Plc  TLW.L : JP Morgan raises target price to 60p from 55p
 
                 * Tupras  TUPRS.IS : HSBC raises target price to TRY 73 from TRY 68
 
                 * Umicore SA  UMI.BR : Jefferies raises to hold from underperform
 
                 * Umicore SA  UMI.BR : Jefferies cuts target price to EUR 26 from EUR 27
 
    
  
        
  

 (Compiled by Bengaluru Newsroom)
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