Europe Research Roundup: Elisa, Faurecia, Halfords Group

Vitesco Technologies AG

26/05/2023 07:51

May 26 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Elisa, Faurecia and Halfords Group, on Friday. 
    
    HIGHLIGHTS  
    
     * Close Brothers Group Plc  CBRO.L : RBC cuts target price to 1175p from 1200p
     * Elisa Oyj  ELISA.HE : Citigroup cuts to sell from neutral
     * Faurecia  EPED.PA : Jefferies raises to buy rating
     * Halfords Group Plc  HFD.L : RBC cuts to sector perform from outperform
     * Valeo  VLOF.PA : Jefferies raises to buy rating
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
   
     * AXA  AXAF.PA : JP Morgan raises target price to EUR 36 from EUR 35
     * Central Asia Metals Plc  CAML.L : Peel Hunt cuts target price to 325p from 340p
     * Close Brothers Group Plc  CBRO.L : RBC cuts target price to 1175p from 1200p
     * Continental AG  CONG.DE : Jefferies cuts target price to EUR 72 from EUR 73
     * DCC  DCC.L : RBC raises target price to 5150p from 4800p
     * Deutsche Pfandbriefbank AG  PBBG.DE : HSBC raises target price to EUR 13 from EUR 12.42
     * Elisa Oyj  ELISA.HE : Citigroup cuts to sell from neutral
     * Elisa Oyj  ELISA.HE : Citigroup cuts price target to EUR 48 from EUR 49
     * Endesa  ELE.MC : HSBC raises target price to EUR 20.8 from EUR 20
     * Enel  ENEI.MI : HSBC raises target price to EUR 7.2 from EUR 6.7
     * Faurecia  EPED.PA : Jefferies raises target price to EUR 24 from EUR 16
     * Faurecia  EPED.PA : Jefferies raises to buy rating
     * GN Store Nord  GN.CO : JP Morgan cuts target price to DKK 273 from DKK 285
     * Grenke  GLJN.DE : HSBC cuts target price to EUR 35 from EUR 36
     * Halfords Group Plc  HFD.L : RBC cuts target price to 220p from 230p
     * Halfords Group Plc  HFD.L : RBC cuts to sector perform from outperform
     * Halfords Group Plc  HFD.L : RBC cuts target price to 220p from 230p
     * Hill & Smith  HILS.L : Berenberg raises target price to 1625p from 1600p
     * ITM Power  ITM.L : HSBC cuts target price to 75p from 90p
     * Johnson Matthey  JMAT.L : Jefferies cuts target price to 2200p from 2300p
     * K+S  SDFGn.DE : Baader Helvea cuts to add from buy; cuts PT to EUR 18 from EUR 26
     * Marks and Spencer Group  MKS.L : JP Morgan raises target price to 150p from 130p
     * Melrose Industries  MRON.L : RBC raises target price to 525p from 475p
     * National Express  NEX.L : Jefferies cuts target price to 180p from 300p
     * NN Group NV  NN.AS : HSBC raises to buy from hold
     * NN Group NV  NN.AS : HSBC cuts target price to EUR 45 from EUR 46
     * Petershill Partners Plc  PHLL.L : JP Morgan cuts target price to 226p from 231p
     * Pierer Mobility AG  PMAG.S : Jefferies raises target price to CHF 95 from CHF 90
     * RS Group Plc  RS1R.L : JP Morgan cuts target price to 810p from 870p
     * Sabre Insurance Group Plc  SBRE.L : Berenberg raises target price to 153p from 93p
     * Sabre Insurance Group Plc  SBRE.L : Berenberg raises to buy from hold
     * Schoeller Bleckmann Oilfield Equipment AG  SBOE.VI : Berenberg raises to buy from hold
     * SSP Group Plc  SSPG.L : JP Morgan raises target price to 360p from 350p
     * Terna  TRN.MI : HSBC raises target price to EUR 8.4 from EUR 8
     * Valeo  VLOF.PA : Jefferies raises target price to EUR 22 from EUR 15
     * Valeo  VLOF.PA : Jefferies raises to buy rating
     * Vitesco Technologies Group AG  VTSCn.DE : Jefferies raises target to EUR 68 from EUR 60
 

 (Compiled by Bengaluru Newsroom)
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