Europe Research Roundup: Brenntag, Telefonica Deutschland, Turkiye Sigorta

Turkiye Sigorta AS

14/03/2023 07:29

March 14 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Brenntag, Telefonica Deutschland and Turkiye Sigorta, on
Tuesday. 
    
    HIGHLIGHTS
                 * Brenntag SE  BNRGn.DE : JP Morgan cuts to neutral from overweight 
 
                 * Red Electrica Corporacion SA  REDE.MC : RBC cuts to sector perform from
 outperform     
 
                 * Telefonica Deutschland  O2Dn.DE : Credit Suisse cuts to neutral from
 outperform 
 
                 * Turkiye Sigorta  TURSG.IS : HSBC raises to buy from hold         
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
                 * Adecco Group AG  ADEN.S : Jefferies raises target price to CHF 35 from CHF 34 
 
                 * Avanza Bank  AVANZ.ST : JP Morgan cuts target price to SEK 163 from SEK 170 
 
                 * Brenntag SE  BNRGn.DE : JP Morgan cuts target price to EUR 83 from EUR 98 
 
                 * Brenntag SE  BNRGn.DE : JP Morgan cuts to neutral from overweight 
 
                 * Bunzl  BNZL.L : RBC raises target price to 2,850p from 2,800p 
 
                 * Eiffage  FOUG.PA : Jefferies raises target price to EUR 112 from EUR 92 
 
                 * Finecobank  FBK.MI : JP Morgan cuts target price to EUR 18.20 from EUR 18.60 
 
                 * FMC AG  FMEG.DE : Credit Suisse raises target price to EUR 35 from EUR 32 
 
                 * FMC AG  FMEG.DE : Jefferies cuts target price to EUR 21 from EUR 22 
 
                 * Fresenius SE  FREG.DE : Credit Suisse raises target price to EUR 26 from EUR 24 
 
                 * Fresenius SE  FREG.DE : Jefferies cuts target price to EUR 33 from EUR 35 
 
                 * Galapagos NV  GLPG.AS : Jefferies cuts target price to EUR 37.70 from EUR 43.70 
 
                 * Iberdrola  IBE.MC : RBC raises target price to EUR 12 from EUR 11.8 
 
                 * IMI Plc  IMI.L : Jefferies raises target price to 1870p from 1765p 
 
                 * M&G  MNG.L : JP Morgan raises target price to 200p from 190p 
 
                 * Nordnet AB (Publ)  SAVE.ST : JP Morgan cuts target price to SEK 156 from SEK 165 
 
                 * Pagegroup  PAGE.L : Jefferies raises target price to 410p from 400p 
 
                 * Phoenix  PHNX.L : JP Morgan cuts target price to 655p from 665p 
 
                 * Red Electrica Corporacion SA  REDE.MC : RBC cuts target price to EUR 18.5 from EUR 20
 
                 * Red Electrica Corporacion SA  REDE.MC : RBC cuts to sector perform from outperform 
 
                 * Smith+Nephew Plc  SN.L : RBC raises target price to 1,600p from 1,500p 
 
                 * SThree Plc  STEMS.L : Jefferies raises target price to 450p from 390p 
 
                 * Swedencare AB (Publ)  SECARE.ST : Jefferies cuts target price to SEK 29 from SEK
 34.50 
 
                 * Telefonica Deutschland  O2Dn.DE : Credit Suisse cuts to neutral from outperform 
 
                 * Turkiye Sigorta  TURSG.IS : HSBC raises to buy from hold 
 
                 * Zalando SE  ZALG.F : JP Morgan raises target price to EUR 39 from EUR 35 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))