Europe Research Roundup: Legrand, Schroders, VAT Group AG

VERBUND AG

10/03/2023 07:16

March 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Legrand,
Schroders and VAT Group AG on Friday.

    HIGHLIGHTS    
                 * Legrand  LEGD.PA : JP Morgan cuts to neutral from overweight 
 
                 * Schroders  SDR.L : Credit Suisse cuts to neutral from outperform 
 
                 * VAT Group AG  VACN.S : RBC cuts to sector perform from outperform 
 
 
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in alphabetical order. 

                 * Adidas AG  ADSGn.DE : Baird raises target price to EUR 133 from EUR 125 
 
                 * Aperam SA  APAM.AS : Citigroup raises price target to EUR 40 from EUR 38 
 
                 * Aviva  AV.L : Citigroup raises price target to 460p from 448p 
 
                 * Barclays  BARC.L : Citigroup cuts price target to 260p from 295p 
 
                 * Cellnex Telecom SA  CLNX.MC : Credit Suisse cuts target price to EUR 55 from EUR 60 
 
                 * Convatec Group Plc  CTEC.L : JP Morgan raises target price to 305p from 281p 
 
                 * Deutsche Post AG  DPWGn.DE : JP Morgan raises target price to EUR 34.20 from EUR 31.50 
 
                 * Forterra Plc  FORT.L : Citigroup cuts price target to 282p from 286p 
 
                 * Hannover Rueck SE  HNRGn.DE : Berenberg cuts target price to EUR 190 from EUR 194 
 
                 * Hannover Rueck SE  HNRGn.DE : JP Morgan cuts target price to EUR 205 from EUR 210 
 
                 * Hellofresh SE  HFGG.DE : JP Morgan cuts target price to EUR 17 from EUR 21 
 
                 * Informa  INF.L : Credit Suisse raises target price to 816p from 750p 
 
                 * Legrand  LEGD.PA : JP Morgan cuts to neutral from overweight 
 
                 * Rockwool A/S  ROCKb.CO : JP Morgan raises target price to DKK 1930 from DKK 1740 
 
                 * Schneider Electric  SCHN.PA : JP Morgan reinstates with overweight rating and EUR 185 PT
 
                 * Schroders  SDR.L : Credit Suisse cuts target price to 470p from 510p 
 
                 * Schroders  SDR.L : Credit Suisse cuts to neutral from outperform 
 
                 * VAT Group AG  VACN.S : RBC cuts to sector perform from outperform 
 
                 * VAT Group AG  VACN.S : RBC cuts target price to CHF 280 from CHF 300 
 
                 * Verbund AG  VERB.VI : Credit Suisse cuts target price to EUR 80.50 from EUR 81 
 
                 * Vinci  SGEF.PA : Berenberg raises target price to EUR 120 from EUR 105 
 
                 * Volution Group Plc  FAN.L : Jefferies raises target price to 490p from 470p 
 
                 * Watches of Switzerland  WOSG.L : Peel Hunt starts with buy rating; target price 1200p 
 
                 * Zalando SE  ZALG.DE : Berenberg raises target price to EUR 35 from EUR 26 
 
                 * Zealand pharma A/S  ZELA.CO : Jefferies raises target price to DKK 290 from DKK 260 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))