Europe Research Roundup: BNP Paribas, FMC AG, Network International

Vossloh AG

10/09/2021 08:35

Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including BNP Paribas, FMC AG and Network International, on Friday. 
    
    HIGHLIGHTS
     * BNP Paribas  BNPP.PA : JP Morgan cuts to neutral from overweight
     * FMC AG  FMEG.DE : JP Morgan cuts to underweight from neutral    
     * Network International  NETW.L : Credit Suisse initiates with outperform rating 
     * X5 Retail Group NV  PJPq.L : JP Morgan cuts to neutral from overweight        
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Ashmore  ASHM.L : Berenberg cuts target price to 330p from 340p 
     * BNP Paribas  BNPP.PA : JP Morgan cuts to neutral from overweight
     * BNP Paribas  BNPP.PA : JP Morgan cuts target price to EUR 61 from EUR 65 
     * Dermapharm Holding SE  DMPG.DE : Berenberg raises target price to EUR 94 from EUR 82.50 
     * Diversified Energy Company Plc  DEC.L : Peel Hunt initiates with buy rating and 160p PT 
     * Fluidra SA  FLUI.MC : Berenberg raises target price to EUR 42.5 from EUR 41 
     * FMC AG  FMEG.DE : JP Morgan cuts to underweight from neutral
     * FMC AG  FMEG.DE : JP Morgan cuts target price to EUR 60.80 from EUR 61.30 
     * IAG  ICAG.L : Credit Suisse cuts target price to 195p from 256p 
     * Impact Healthcare REIT Plc  IHR.L : RBC raises target price to 135p from 130p 
     * Italgas  IG.MI : SocGen raises to buy from hold; raises target to EUR 6.40 from EUR 5.60 
     * LVMH  LVMH.PA : HSBC raises to buy from hold, raises target price to EUR 760 from EUR 710 
     * Merck KGaA  MRCG.DE : Berneberg raises target price to EUR 185 from EUR 167 
     * Merck KGaA  MRCG.DE : JP Morgan raises target price to EUR 230 from EUR 220 
     * Network International  NETW.L : Credit Suisse initiates with outperform rating 
     * Network International  NETW.L : Credit Suisse initiates with 460p target price 
     * SGL Carbon SE  SGCG.DE : Berenberg raises target price to EUR 9.5 from EUR 3 
     * SIG Plc  SHI.L : Liberum raises to buy from hold; raises target price to 65p from 54p 
     * Sma Solar  S92G.DE : Berenberg cuts target price to EUR 46 from EUR 55 
     * Snam  SRG.MI : SocGen cuts to hold from buy; cuts target price to EUR 5.20 from EUR 5.40 
     * Vossloh AG  VOSG.DE : Berenberg raises target price to EUR 58 from EUR 50 
     * X5 Retail Group NV  PJPq.L : JP Morgan cuts to neutral from overweight
     * X5 Retail Group NV  PJPq.L : JP Morgan cuts target price to $40 from $44.3 
     * Zumtobel Group AG  ZUMV.VI : Berenberg raises target price to EUR 9.50 from EUR 8.50 
    

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