Europe Research Roundup: Morphosys, Renishaw, Verallia

Vetropack Holding SA

07/02/2024 08:47

Feb 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Morphosys, Renishaw and Verallia, on Wednesday. 
    
    HIGHLIGHTS
                 * Biopharma Credit Plc  BPCR.L : Jefferies cuts to hold from buy
 
                 * Morphosys AG  MORG.DE : Citigroup raises to neutral from sell    
 
                 * Nordic Semiconductor ASA  NOD.OL : Jefferies cuts to hold from buy    
 
                 * Renishaw Plc  RSW.L : Stifel cuts to hold from buy    
 
                 * Verallia SA  VRLA.PA : Berenberg raises to buy from hold    
 
      
Following is a summary of research actions on European companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * Akzo Nobel NV  AKZO.AS : Degroof Petercam raises target price to EUR 76 from EUR 70
 
                 * Alfa Laval  ALFA.ST : Citigroup cuts target price to SEK 377 from SEK 386
 
                 * Alfa Laval  ALFA.ST : Deutsche Bank cuts target price to SEK 382 from SEK 387
 
                 * Biopharma Credit Plc  BPCR.L : Jefferies cuts to hold from buy
 
                 * BP  BP.L : Bernstein raises target price to 750p from 720p
 
                 * BP  BP.L : HSBC raises target price to 570p from 555p
 
                 * Close Brothers Group Plc  CBRO.L : Peel Hunt cuts target price to 518p from 785p
 
                 * CMC Markets Plc  CMCX.L : Jefferies raises target price to 127p from 75p
 
                 * CMC Markets Plc  CMCX.L : RBC raises target price to 190p from 150p
 
                 * Deltic Energy Plc  DELT.L : Canaccord Genuity cuts target price to 160p from 185p
 
                 * Demant A/S  DEMANT.CO : Bernstein raises target price to DKK 390 from DKK 330
 
                 * Demant A/S  DEMANT.CO : JP Morgan raises target price to DKK 358 from DKK 325
 
                 * Equasens  EQSE.PA : Portzamparc cuts target price to EUR 81.8 from EUR 93.3; rating "buy"
 
                 * Future Plc  FUTR.L : JP Morgan cuts target price to 1,530p from 1,555p
 
                 * Herige  ALHRG.PA : Portzamparc cuts target price to EUR 52 from EUR 54; rating "buy"
 
                 * Intesa Sanpaolo SpA  ISP.MI : JP Morgan raises target price to EUR 3.80 from EUR 3.60
 
                 * Julius Baer Gruppe AG  BAER.S : Citigroup cuts target price to CHF 62 from CHF 62.5
 
                 * Linedata  LDSV.PA : Portzamparc raises target to EUR 63.8 from EUR 59.7; rating "accumulate"
 
                 * Lotus Bakeries NV  LOTB.BR : Berenberg raises target price to EUR 9000 from EUR 8000
 
                 * Mersen SA  CBLP.PA : Berenberg initiates coverage with buy rating and EUR 45 price target
 
                 * Morphosys AG  MORG.DE : Citigroup raises target price to EUR 68 from EUR 15
 
                 * Morphosys AG  MORG.DE : Citigroup raises to neutral from sell
 
                 * Nordic Semiconductor  NOD.OL : Deutsche Bank cuts target price to NOK 80 from NOK 90
 
                 * Nordic Semiconductor ASA  NOD.OL : Jefferies cuts target price to NOK 88 from NOK 195
 
                 * Nordic Semiconductor ASA  NOD.OL : Jefferies cuts to hold from buy
 
                 * OCI NV  OCI.AS : Jefferies raises target price to EUR 29 from EUR 20
 
                 * Palfinger  PALF.VI : Deutsche Bank raises target price to EUR 37 from EUR 36
 
                 * Pluxee  PLX.PA : Deutsche Bank initiates coverage with buy rating and PT EUR 34.3
 
                 * Renishaw Plc  RSW.L : Stifel cuts to hold from buy
 
                 * Renishaw Plc  RSW.L : Stifel raises target price to 4,250p from 4,000p
 
                 * Sodexo  EXHO.PA : Citigroup cuts target price to EUR 94 from EUR 99.94
 
                 * Softwareone Holding AG  SWON.S : JP Morgan cuts target price to CHF 15 from CHF 16
 
                 * Suominen Oyj  SUY1V.HE : Evli Research cuts target price to EUR 2.5 from EUR 2.7
 
                 * UBS Group AG  UBSG.S : Citigroup cuts target price to CHF 28 from CHF 30
 
                 * UBS Group AG  UBSG.S : RBC cuts target price to CHF 28 from CHF 30
 
                 * Unicredit SpA  CRDI.MI : Deutsche Bank raises target price to EUR 30.7 from EUR 27.9
 
                 * Vaisala Oyj  VAIAS.HE : Evli Research raises target price to EUR 41 from EUR 37
 
                 * Verallia SA  VRLA.PA : Berenberg cuts target price to EUR 41 from EUR 45
 
                 * Verallia SA  VRLA.PA : Berenberg raises to buy from hold
 
                 * Vetropack Holding SA  VETN.S : Berenberg cuts target price to CHF 46 from CHF 57
 
                 * Vetropack Holding SA  VETN.S : Berenberg cuts to hold from buy
 
                 * Vidrala SA  VID.MC : Berenberg raises target price to EUR 115 from EUR 109
 
                 * Virgin Money UK Plc  VMUK.L : HSBC raises target price to 250p from 240p
 
                 * Vodafone  VOD.L : Citigroup cuts target price to 68p from 78p
 
                 * Vodafone  VOD.L : JP Morgan cuts target price to 80p from 88p
 
                 * Zegona Communications Plc  ZEG.L : Canaccord Genuity raises target price to 450p from 80p
 
                 * Zignago Vetro SpA  ZV.MI : Berenberg cuts target price to EUR 15 from EUR 18.5
 
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))