Europe Research Roundup: Adp, Flughafen Zuerich AG, Verbund AG

VERBUND AG

25/07/2022 08:19

July 25 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Adp, Flughafen Zuerich AG and Verbund AG, on Monday. 
    
    HIGHLIGHTS  
     * Adp  ADP.PA : RBC cuts rating to underperform from outperform
     * EDF  EDF.PA : Barclays cuts to equal weight from overweight
     * Flughafen Zuerich AG  FHZN.S : RBC cuts to sector perform from outperform
     * Telenet Group Holding NV  TNET.BR : Jefferies cuts to hold from buy
     * Verbund AG  VERB.VI : Barclays raises to overweight from equal weight
    
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Adp  ADP.PA : RBC cuts rating to underperform from outperform
     * Asmi  ASMI.AS : Deutsche Bank raises target price to EUR 325 from EUR 275
     * Bankinter SA  BKT.MC : Berenberg raises price target to EUR 5.70 from EUR 4.80
     * Bankinter SA  BKT.MC : Deutsche Bank raises target price to EUR 6.05 from EUR 5.5
     * Bat  BATS.L : Jefferies raises target price to 4,300p from 4,200p
     * Beazley  BEZG.L : Berenberg raises target price to 685p from 630p
     * Bioarctic AB  BIOAb.ST : RBC raises target price to SEK 354 from SEK 230
     * Cembra Money Bank AG  CMBN.S : Credit Suisse raises target price to CHF 92 from CHF 88
     * Cembra Money Bank AG  CMBN.S : Deutsche Bank cuts target price to CHF 71 from CHF 74
     * Conduit Holdings Ltd  CRE.L : Berenberg cuts target price to 555p from 615p
     * Delivery Hero SE  DHER.DE : Deutsche Bank cuts target price to EUR 45 from EUR 50
     * Diploma Plc  DPLM.L : JP Morgan raises price target to 2,150p from 2,100p
     * EDF  EDF.PA : Barclays cuts to equal weight from overweight
     * EDF  EDF.PA : Barclays raises target price to EUR 12 from EUR 11.1
     * Flughafen Zuerich AG  FHZN.S : RBC cuts to sector perform from outperform
     * Flughafen Zuerich AG  FHZN.S : RBC cuts target price to CHF 150 from CHF 175
     * Fortum Oyj  FORTUM.HE : Inderes cuts target price to EUR 13 from EUR 18; accumulate
     * Givaudan SA  GIVN.S : Deutsche Bank cuts target price to CHF 3600 from CHF 3900
     * Hellofresh SE  HFGG.DE : Credit Suisse cuts target price to EUR 58 from EUR 84
     * JD Sports  JD.L : JP Morgan cuts target price to 180p from 210p
     * Just Eat Takeaway.Com  JETJ.L : Deutsche Bank cuts target price to 4240p from 4980p
     * Just Eat Takeaway.Com  TKWY.AS : Deutsche Bank cuts target price to EUR 50 from EUR 60
     * Kindred Group Plc  KINDsdb.ST : Deutsche Bank cuts target price to SEK 120 from SEK 123
     * Lassila & Tikanoja  LAT1V.HE : Inderes raises PT to EUR 12.50 from EUR 12.00; accumulate
     * Legrand  LEGD.PA : Credit Suisse cuts target price to EUR 74 from EUR 77
     * Lemonsoft Oyj  LEMON.HE : Inderes cuts target price to EUR 11.80 from EUR 12.50; reduce
     * Lisi SA  GFII.PA : Portzamparc cuts target price to EUR 31.5 from EUR 34.2; rating buy
     * Lonza Group AG  LONN.S : Berenberg cuts target price to CHF 720 from CHF 780
     * Lonza Group AG  LONN.S : JP Morgan cuts target price to CHF 770 from CHF 900
     * Medmix Ltd  MEDX.S : Credit Suisse cuts target price to CHF 25 from CHF 30
     * Metso Outotec  MOCORP.HE : Inderes raises PT to EUR 8.30 from EUR 7.90; accumulate
     * National Express  NEX.L : Berenberg cuts target price to 240p from 300p
     * Ocado  OCDO.L : Berenberg cuts target price to 1290p from 1415p
     * Puma SE  PUMG.DE : JP Morgan cuts target price to EUR 90 from EUR 110
     * Raute Oyj  RAUTE.HE : Inderes cuts target price to EUR 11.00 from EUR 13.00; reduce
     * Relx  REL.L : JP Morgan raises target price to 2,800p from 2,670p
     * Roche Holding AG  ROG.S : JP Morgan cuts target price to CHF 300 from CHF 370
     * Sartorius AG  SATG_p.DE : Deutsche Bank raises target price to EUR 531 from EUR 518
     * Sika AG  SIKA.S : Deutsche Bank cuts target price to CHF 310 from CHF 405
     * Sika AG  SIKA.S : JP Morgan cuts target price to CHF 277 from CHF 333
     * Smurfit Kappa  SKG.I : Credit Suisse cuts target price to EUR 45 from EUR 55
     * SSAB AB  SSABa.ST : Deutsche Bank raises target price to SEK 61 from SEK 60
     * Stabilus SE  STAB.DE : Berenberg cuts target price to EUR 76 from EUR 83
     * Stora Enso Oyj  STERV.HE : Inderes cuts target price to EUR 16 from EUR 17; reduce
     * Swedish Orphan Biovitrum  SOBIV.ST : Deutsche Bank raises PT to SEK 250 from SEK 240
     * Telenet Group Holding NV  TNET.BR : Jefferies cuts to hold from buy
     * Telenet Group Holding NV  TNET.BR : Jefferies cuts target price to EUR 15 from EUR 40
     * Temenos AG  TEMN.S : Jefferies raises target price to CHF 87 from CHF 86
     * Trainline  TRNT.L : Berenberg raises target price to 460p from 350p
     * Vaisala Oyj  VAIAS.HE : Inderes cuts target price to EUR 43.5 from EUR 45.0; reduce
     * Verbund AG  VERB.VI : Barclays raises to overweight from equal weight
     * Verbund AG  VERB.VI : Barclays raises target price to EUR 126 from EUR 98
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))