Europe Research Roundup: Allianz, Frasers, London Stock Exchange

Turkiye Vakiflar Bankasi TAO

19/10/2022 08:15

Oct 19 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Allianz, Frasers and London Stock Exchange, on Wednesday. 
    HIGHLIGHTS  
     * Allianz SE  ALVG.DE : JP Morgan cuts target price to EUR 210 from EUR 220
     * Frasers  FRAS.L : RBC raises to sector perform from underperform
     * London Stock Exchange  LSEG.L : HSBC raises target price to 7700p from 7500p
 Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
     * Akbank  AKBNK.IS : HSBC raises target price to TRY 15.1 from TRY 13.35
     * Allianz SE  ALVG.DE : JP Morgan cuts target price to EUR 210 from EUR 220
     * AstraZeneca  AZN.L : Berenberg cuts target price to 11800p from 12000p
     * Avanza Bank  AVANZ.ST : JP Morgan raises target price to SEK 154 from SEK 142
     * Deutsche Telekom AG  DTEGn.DE : JP Morgan cuts target price to EUR 27.50 from EUR 28.50
     * EasyJet  EZJ.L : JP Morgan cuts target price to 260p from 270p
     * EDPR  EDPR.LS : JP Morgan cuts target price to EUR 23 from EUR 24.50
     * Ence  ENC.MC : Jefferies initiates coverage with hold rating and EUR 3.75 target price
     * Ferrovial  FER.MC : JP Morgan cuts target price to EUR 26 from EUR 27
     * Frasers  FRAS.L : RBC raises to sector perform from underperform
     * Frasers  FRAS.L : RBC cuts target price to 750p from 850p
     * Grand City Properties S.A  GYC.DE : HSBC cuts target price to EUR 16 from EUR 18
     * Halkbank  HALKB.IS : HSBC raises target price to TRY 5.85 from TRY 5.55
     * Is Bankasi  ISCTR.IS : HSBC raises target price to TRY 8.85 from TRY 7.85
     * JD Wetherspoon  JDW.L : HSBC cuts target price to 720p from 880p
     * KBC Groep NV  KBC.BR : Credit Suisse raises target price to EUR 62 from EUR 60
     * Kistos Plc  KIST.L : Berenberg cuts target price to 670p from 730p
     * Lanxess AG  LXSG.DE : JP Morgan Resinstates coverage with neutral rating; PT EUR 40
     * LEG Immobilien  LEGN.DE : HSBC cuts target price to EUR 110 from EUR 125
     * London Stock Exchange  LSEG.L : HSBC raises target price to 7700p from 7500p
     * Marston's Plc  MARS.L : HSBC raises to hold from reduce
     * Mitchells & Butlers  MAB.L : HSBC cuts target price to 110p from 205p
     * Nordnet AB (Publ)  SAVE.ST : JP Morgan raises target price to SEK 147 from SEK 143
     * Sandvik AB  SAND.ST : Jefferies cuts target price to SEK 210 from SEK 273
     * TAG Immobilien  TEGG.DE : HSBC cuts target price to EUR 14 from EUR 16
     * UBS Group AG  UBSG.S : Jefferies raises target price to CHF 19 from CHF 18.6
     * Vakifbank  VAKBN.IS : HSBC raises target price to TRY 7.4 from TRY 6.5
     * Vonovia  VNAN.DE : HSBC cuts target price to EUR 45 from EUR 51
     * Yapi Kredi  YKBNK.IS : HSBC raises target price to TRY 8.05 from TRY 7.6
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))