Europe Research Roundup: Hikma, Repsol, Ryanair

VGP NV

07/11/2023 07:13

Nov 7 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Hikma, Repsol, and Ryanair on Tuesday.
    
    HIGHLIGHTS  
       
                 * Hikma  HIK.L : Jefferies cuts to hold from buy
 
                 * Repsol  REP.MC : Morgan Stanley cuts to equal weight from overweight
 
                 * Ryanair  RYA.I : CFRA raises to strong buy from buy; raises PT to EUR 21 from EUR 20
 
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.  
    
                 * B&M  BMEB.L : HSBC raises target price to GBP 7 from GBP 6.3
 
                 * Barry Callebaut AG  BARN.S : Berenberg cuts target price to CHF 2,000 from CHF 2,100
 
                 * Bike24 Holding AG  BIKE.DE : Berenberg cuts target price to EUR 2.5 from EUR 3.5
 
                 * BMW  BMWG.DE : RBC raises target price to EUR 112 from EUR 110
 
                 * Elkem ASA  ELK.OL : Citigroup cuts price target to NOK 20 from NOK 25
 
                 * Ferrari  RACE.MI : Citigroup raises price target to EUR 308 from EUR 300
 
                 * Grifols  GRLS.MC : Berenberg cuts target price to EUR 24.8 from EUR 24.9
 
                 * Grifols SA  GRLS.MC : Barclays cuts target price to EUR 11 from EUR 11.5
 
                 * Groupe Berkem SA  ALKEM.PA : Berenberg cuts target price to EUR 4.5 from EUR 5
 
                 * Hikma  HIK.L : Jefferies cuts target price to 1940p from 2125p
 
                 * Hikma  HIK.L : Jefferies cuts to hold from buy
 
                 * Kingspan Group Plc  KSP.I : JP Morgan cuts target price to EUR 76 from EUR 80
 
                 * Krones AG  KRNG.DE : Berenberg cuts target price to EUR 112 from EUR 115
 
                 * Neste Oyj  NESTE.HE : RBC cuts target price to EUR 48 from EUR 55
 
                 * PostNL NV  PTNL.AS : Barclays cuts target price to EUR 1.45 from EUR 1.7
 
                 * PostNL NV  PTNL.AS : Jefferies cuts target price to EUR 1.5 from EUR 1.8
 
                 * Prudential  PRU.L : Citigroup raises price target to 1350p from 1310p
 
                 * Raiffeisen Bank International AG  RBIV.VI : Barclays raises PT to EUR 21 from EUR 19
 
                 * Renewi Plc  RWI.L : Peel Hunt raises target price to 950p from 850p
 
                 * Repsol  REP.MC : Morgan Stanley cuts to equal weight from overweight
 
                 * Ryanair  RYA.I : CFRA raises to strong buy from buy; raises PT to EUR 21 from EUR 20
 
                 * Ryanair  RYA.I : JP Morgan raises target price to EUR 25 from EUR 24.6
 
                 * Ryanair  RYA.I : RBC raises target price to EUR 22 from EUR 21.5
 
                 * Schott pharma AG  1SXP.DE : Citigroup initiates coverage with buy rating and EUR 33.5 PT
 
                 * Shell Plc  SHEL.AS : Berenberg raises target price to EUR 35 from EUR 33
 
                 * Shell Plc  SHEL.L : Berenberg raises target price to 3000p from 2850p
 
                 * Team17 Group  TM17.L : Barclays initiates coverage with overweight rating and PT 355p
 
                 * Temenos AG  TEMN.S : Baader Helvea raises target price to CHF 64 from CHF 62
 
                 * Temenos AG  TEMN.S : Baader Helvea raises to reduce from sell
 
                 * Tikehau Capital Sc  TKOO.PA : Berenberg cuts target price to EUR 29 from EUR 31.5
 
                 * Totalenergies SE  TTEF.PA : Berenberg raises target price to EUR 70 from EUR 63
 
                 * Transocean Ltd  RIG.N : Citigroup cuts price target to $9 from $10.5
 
                 * Vgp NV  VGP1.BR : JP Morgan cuts to neutral from overweight
 
                 * Vgp NV  VGP1.BR : JP Morgan cuts PT to EUR 85 from EUR 180
 
                 * Viscofan SA  VIS.MC : Berenberg raises target price to EUR 58.3 from EUR 56.6
 
                 * Vodafone  VOD.L : Berenberg cuts target price to 80p from 85p
 
 

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