Europe Research Roundup: Grafton Group, Marks and Spencer Group, Prysmian
24/04/2020 08:13
April 24 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Grafton Group, Marks and Spencer Group and Prysmian, on Friday.
HIGHLIGHTS
* Grafton Group Plc GFTU_u.L : Citigroup raises to buy from neutral
* Marks and Spencer Group MKS.L : Credit Suisse raises to outperform from underperform
* Next NXT.L : Credit Suisse cuts to underperform from neutral
* Prysmian PRY.MI : Credit Suisse cuts to neutral from outperform
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* ADP ADP.PA : Credit Suisse raises target price to EUR 98 from EUR 92
* Boohoo Group Plc BOOH.L : RBC raises target price to 260p from 200p
* Britvic Plc BVIC.L : Citigroup cuts price target to 850p from 880p
* Bucher Industries AG BUCN.S : Credit Suisse cuts target price to CHF 280 from CHF 310
* Capita Plc CPI.L : JP Morgan cuts target price to 45p from 140p
* Cargotec CGCBV.HE : Inderes cuts target price to EUR 18.00 from EUR 19.00; increase
* Centrica CNA.L : Credit Suisse raises to outperform from neutral; cuts TP to 70p from 86p
* Credit Suisse Group AG CSGN.S : JP Morgan cuts target price to CHF 11 from CHF 12
* Dassault Systemes DAST.PA : Credit Suisse cuts target price to EUR 154 from EUR 178
* Elementis Plc ELM.L : Credit Suisse cuts target price to 99p from 186p
* Epiroc AB EPIRa.ST : Credit Suisse raises target price to SEK 88 from SEK 86
* Essentra Plc ESNT.L : Citigroup cuts price target to 295p from 420p
* Evolva Holding SA EVE.S : Berenberg cuts target price to CHF 0.18 from CHF 0.20
* Glanbia Plc GL9.I : Citigroup raises price target to EUR 8.9 from EUR 8.6
* Grafton Group Plc GFTU_u.L : Citigroup raises to buy from neutral
* Grafton Group Plc GFTU_u.L : Citigroup cuts price target to 750p from 770p
* GVC Holdings Plc GVC.L : Berenberg raises target price to 900p from 850p
* Hermes HRMS.PA : Credit Suisse cuts target price to EUR 660 from EUR 670
* Howden Joinery Group Plc HWDN.L : Citigroup cuts price target to 569p from 670p
* Intertrust NV INTER.AS : JP Morgan cuts target price to EUR 19 from EUR 21
* Jupiter Fund Management Plc JUP.L : Citigroup raises price target to 175p from 155p
* Just Eat Takeaway.Com JETJ.L : JP Morgan raises target price to 9,847p from 7,812p
* Kering PRTP.PA : Citigroup cuts price target to EUR 518 from EUR 525
* Marks and Spencer Group Plc MKS.L : Credit Suisse raises to outperform from underperform
* Marks and Spencer Group Plc MKS.L : Credit Suisse cuts target price to 125p from 185p
* Next NXT.L : Credit Suisse cuts to underperform from neutral
* Pernod Ricard PERP.PA : Credit Suisse cuts target price to EUR 157 from EUR 190
* Prysmian PRY.MI : Credit Suisse cuts to neutral from outperform
* Prysmian PRY.MI : Credit Suisse cuts target price to EUR 17 from EUR 21
* Rexel RXL.PA : JP Morgan raises target price to EUR 10.50 from EUR 9.50
* Saipem SpA SPMI.MI : Credit Suisse cuts target price to EUR 1.80 from EUR 2.10
* Schneider Electric SCHN.PA : JP Morgan raises target price to EUR 88 from EUR 82
* Sulzer AG SUN.S : Baader Helvea cuts to add from buy; cuts Tp to CHF 90 from CHF 135
* Swedbank SWEDa.ST : JP Morgan cuts target price to SEK 100 from SEK 110
* Technipfmc Plc FTI.PA : Credit Suisse cuts target price to EUR 7.70 from EUR 8.40
* Travis Perkins Plc TPK.L : Citigroup cuts price target to 1420p from 1860p
* Unilever ULVR.L : Citigroup cuts price target to 4400p from 4800p
* Unilever NV UNA.AS : Citigroup cuts price target to EUR 50 from EUR 52
* UPM-Kymmene UPM.HE : Inderes raises target price to EUR 26 from EUR 24; increase
* Valmet OYJ : Inderes raises target price to EUR 20.00 from EUR 19.00; rating increase
* Volvo AB VOLVb.ST : Citigroup cuts price target to SEK 147 from SEK 152
* Vz Holding AG VZN.S : Credit Suisse raises target price to CHF 60 from CHF 58.40
(Compiled by Bengaluru Newsroom)
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