Europe Research Roundup: Argenx, Hermes, National Grid

Vimian AB

28/05/2024 07:55

May 28 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Argenx, Hermes and National Grid, on Tuesday. 
    
    HIGHLIGHTS  
    
                 * Argenx  ARGX.BR : Barclays raises target price to EUR 375 from EUR 360 
 
                 * Endomines Finland Oyj  PAMPALO.HE : Evli Research raises to hold from sell
 
                 * Hermes  HRMS.PA : Bernstein raises to outperform from market perform 
 
                 * National Grid Plc  NG.L : RBC cuts target price to 1,125p from 1,250p 
 
                 * SSE  SSE.L : Jefferies raises target price to 2050p from 1850p 
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
                 * Acciona  ANA.MC : RBC raises target price to EUR 135 from EUR 125 
 
                 * Acciona Energia  ANE.MC : RBC cuts target price to EUR 29 from EUR 30 
 
                 * Argenx  ARGX.BR : Barclays raises target price to EUR 375 from EUR 360 
 
                 * Auto1  AG1G.DE : Barclays raises target price to EUR 6.3 from EUR 4.2 
 
                 * Autostore Holdings Ltd  AUTO.OL : Jefferies cuts target price to NOK 17 from NOK 19 
 
                 * Barclays Bank  BARC.L : Morgan Stanley raises target price to 285p from 270p 
 
                 * Brenntag SE  BNRGn.DE : Citigroup cuts target price to EUR 77 from EUR 95 
 
                 * Compagnie Financiere Richemont SA  CFR.S : Bernstein raises PT to CHF 169 from CHF 165 
 
                 * Embracer Group  EMBRACb.ST : Barclays cuts target price to SEK 28 from SEK 30 
 
                 * Endomines Finland Oyj  PAMPALO.HE : Evli Research raises to hold from sell
 
                 * Endomines Finland Oyj  PAMPALO.HE : Evli Research raises PT to EUR 6.5 from EUR 5.6 
 
                 * Fevertree Drinks Plc  FEVR.L : Goldman Sachs cuts to sell rating 
 
                 * Hapag-Lloyd  HLAG.DE : Barclays raises target price to EUR 80 from EUR 65 
 
                 * Hemnet  HEM.ST : Barclays raises target price to SEK 275 from SEK 260 
 
                 * Hermes  HRMS.PA : Bernstein raises target price to EUR 2493 from EUR 2413 
 
                 * Hermes  HRMS.PA : Bernstein raises to outperform from market perform 
 
                 * Hochschild  HOCM.L : JP Morgan raises target price to 260p from 240p 
 
                 * Intertek Group Plc  ITRK.L : Barclays raises target price to 4750p from 4200p 
 
                 * Ionos Group SE  IOSn.DE : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Jungheinrich AG  JUNG_p.DE : Jefferies raises target price to EUR 46 from EUR 40 
 
                 * Kion Group AG  KGX.DE : Jefferies cuts target price to EUR 56 from EUR 60 
 
                 * Lse  LSEG.L : Jefferies raises target price to 11500p from 11000p 
 
                 * Merck KGaA  MRCG.DE : Jefferies raises target price to EUR 200 from EUR 190 
 
                 * National Grid Plc  NG.L : RBC cuts target price to 1,125p from 1,250p 
 
                 * Planisware SA  PLNW.PA : Berenberg initiates coverage with buy rating; PT EUR 29 
 
                 * Planisware SA  PLNW.PA : Citigroup initiates coverage with buy rating; PT EUR 27 
 
                 * Schoeller-Bleckmann Oilfield Equipment AG  SBOE.VI : Berenberg cuts PT to EUR 60 from
 EUR 70 
 
                 * Soitec SA  SOIT.PA : Morgan Stanley raises target price to EUR 110 from EUR 102 
 
                 * SSE  SSE.L : Jefferies raises target price to 2050p from 1850p 
 
                 * SSP Group Plc  SSPG.L : JP Morgan cuts target price to 300p from 320p 
 
                 * Swatch Group AG  UHR.S : Bernstein cuts target price to CHF 247 from CHF 256 
 
                 * Vimian Group AB  VIMIAN.ST : Barclays raises target price to SEK 28 from SEK 27 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))