Europe Research Roundup: Admiral, Elisa, NCC Group

VERBUND AG

03/04/2023 08:02

April 3 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Admiral, Elisa and NCC Group, on Monday. 
    
    HIGHLIGHTS  
    
     * Admiral  ADML.L : Berenberg cuts target price to 2,543p from 2,688p
     * Elisa Oyj  ELISA.HE : Credit Suisse raises target price to EUR 58 from EUR 57
     * NCC Group Plc  NCCG.L : HSBC cuts to hold from buy
     * Verbund AG  VERB.VI : Morgan Stanley initiates with equal weight rating; PT EUR 73
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
     
     * Accelleron Industries AG  ACLN.S : Credit Suisse raises PT to CHF 25.6 from CHF 23.5
     * Admiral  ADML.L : Berenberg cuts target price to 2,543p from 2,688p
     * Alcon AG  ALCC.S : Credit Suisse raises target price to CHF 85 from CHF 82
     * Aroundtown SA  AT1.DE : HSBC cuts target price to EUR 3.5 from EUR 7.7
     * Bellway Plc  BWY.L : Jefferies raises target price to 2,780p from 2,661p
     * Buzzi Unicem  BZU.MI : Berenberg raises target price to EUR 24 from EUR 20
     * Drax Group Plc  DRX.L : JP Morgan cuts target price to 875p from 900p
     * DWS Group Gmbh & Co KGaA  DWSG.DE : JP Morgan cuts PT to EUR 34.4 from EUR 34.6
     * Elisa Oyj  ELISA.HE : Credit Suisse raises target price to EUR 58 from EUR 57
     * Johnson Matthey  JMAT.L : Jefferies cuts target price to 2,300p from 2,400p
     * NCC Group Plc  NCCG.L : HSBC cuts target price to 117p from 245p
     * NCC Group Plc  NCCG.L : HSBC cuts to hold from buy
     * NCC Group Plc  NCCG.L : Jefferies cuts target price to 131p from 245p
     * Next Plc  NXT.L : Credit Suisse raises target price to 6,150p from 6,100p
     * Sandvik AB  SAND.ST : JP Morgan raises target price to SEK 220 from SEK 210
     * Subsea 7 SA  SUBC.OL : Jefferies raises target price to NOK 90 from NOK 80
     * Tele2 AB  TEL2b.ST : Credit Suisse cuts target price to SEK 104 from SEK 106
     * Telenor ASA  TEL.OL : Credit Suisse raises target price to NOK 100 from NOK 99
     * Travis Perkins  TPK.L : Jefferies raises target price to 1,060p from 1,048p
     * Verbund AG  VERB.VI : Morgan Stanley initiates with equal weight rating; PT EUR 73
     * Vistry Group Plc  VTYV.L : Jefferies cuts target price to 933p from 987p
     * Yara International ASA  YAR.OL : Jefferies cuts target price to NOK 375 from NOK 384
   

 (Compiled by Bengaluru Newsroom)
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