Europe Research Roundup: Aveva, Johnson Matthey, Societe Generale

Vienna Insurance Wiener Versicherung Gruppe AG

06/06/2022 08:19

June 6 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Aveva, Johnson Matthey and Societe Generale, on Monday. 
    
    HIGHLIGHTS  
     * Aveva  AVV.L : Citigroup cuts to sell from neutral
     * EDF  EDF.PA : HSBC cuts to reduce from hold
     * Johnson Matthey Plc  JMAT.L : HSBC cuts to hold from buy
     * Societe Generale SA  SOGN.PA : Jefferies raises to buy from hold
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order.  
     * Acerinox SA  ACX.MC : Credit Suisse raises target price to EUR 18 from EUR 17
     * Aveva  AVV.L : Citigroup cuts to sell from neutral
     * EDF  EDF.PA : HSBC cuts target price to EUR 7.4 from EUR 9.56
     * EDF  EDF.PA : HSBC cuts to reduce from hold
     * Firstgroup Plc  FGP.L : RBC raises target price to 160p from 115p
     * Intermediate Capital Group Plc  ICP.L : Peel Hunt raises to buy from add
     * Intermediate Capital Group Plc  ICP.L : Peel Hunt raises target price to 2625p from 2580p
     * Johnson Matthey Plc  JMAT.L : HSBC cuts target price to 2350p from 2600p
     * Johnson Matthey Plc  JMAT.L : HSBC cuts to hold from buy
     * Outokumpu Oyj  OUT1V.HE : Credit Suisse raises target price to EUR 6.9 from EUR 5.6
     * Outokumpu Oyj  OUT1V.HE : Credit Suisse raises to outperform from neutral
     * Remy Cointreau SA  RCOP.PA : HSBC raises target price to EUR 225 from EUR 223
     * Societe Generale SA  SOGN.PA : Jefferies raises target price to EUR 35 from EUR 25
     * Societe Generale SA  SOGN.PA : Jefferies raises to buy from hold
     * Spectris Plc  SXS.L : Peel Hunt raises target price to 3600p from 3470p
     * Victrex Plc  VCTX.L : HSBC cuts target price to 1900p from 2100p
     * Vienna Insurance Group  VIGR.VI : HSBC cuts target price to EUR 28.4 from EUR 29.5
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))