Europe Research Roundup: Air France-KLM, Shell, Watches of Switzerland

Wolters Kluwer NV

28/06/2024 08:36

June 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies,
including Air France-KLM, Shell and Watches of Switzerland, on Friday. 
    
    HIGHLIGHTS

                 * Air France-KLM  AIRF.PA : Barclays cuts to equal-weight from overweight 
 
                 * BP  BP.L : Jefferies raises target price to 590p from 580p
 
                 * Liontrust Asset Management Plc  LIO.L : Peel Hunt cuts to hold from buy
 
                 * Shell Plc  SHEL.L : Jefferies raises target price to 3200p from 3000p
 
                 * Watches of Switzerland Group  WOSG.L : Barclays raises target price to 595p from 580p
 
       
  
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are in
alphabetical order. 
   
                 * Adidas AG  ADSGn.DE : Barclays raises target price to EUR 252 from EUR 243
 
                 * Air France-KLM  AIRF.PA : Barclays cuts target price to EUR 9.5 from EUR 15
 
                 * Air France-KLM  AIRF.PA : Barclays cuts to equal-weight from overweight
 
                 * Avon Protection  AVON.L : Barclays initiates coverage with equal-weight rating and PT 1400p
 
                 * BASF SE  BASFn.DE : Berenberg cuts target price to EUR 54 from EUR 58
 
                 * BP  BP.L : Jefferies raises target price to 590p from 580p
 
                 * Commerzbank  CBKG.DE : HSBC raises target price to EUR 21 from EUR 18
 
                 * Covestro AG  1COV.DE : Jefferies raises target price to EUR 62 from EUR 60
 
                 * Currys Plc  CURY.L : Berenberg raises target price to 92p from 90p
 
                 * Danske Bank  DANSKE.CO : HSBC raises target price to DKK 257 from DKK 231
 
                 * Dino Polska  DNP.WA : Barclays initiates coverage with overweight rating
 
                 * Dino Polska  DNP.WA : Barclays initiates coverage with target price PLN 490
 
                 * H & M Hennes & Mauritz AB  HMb.ST : Barclays cuts target price to SEK 190 from SEK 200
 
                 * Hays  HAYS.L : HSBC raises target price to 115p from 104p
 
                 * Liontrust Asset Management Plc  LIO.L : Peel Hunt cuts to hold from buy
 
                 * Moonpig Group Plc  MOONM.L : Berenberg raises target price to 280p from 265p
 
                 * Ocado  OCDO.L : JP Morgan cuts target price to 380p from 450p
 
                 * OMV AG  OMVV.VI : Jefferies cuts target price to EUR 44 from EUR 47
 
                 * Pagegroup  PAGE.L : HSBC raises target price to 480p from 420p
 
                 * RELX Plc  REL.L : Barclays raises target price to 3700p from 3450p
 
                 * Repsol  REP.MC : Jefferies raises target price to EUR 16 from EUR 15
 
                 * Robert Walters Plc  RWA.L : HSBC raises target price to 465p from 420p
 
                 * Saint-Gobain  SGOB.PA : Jefferies raises target price to EUR 87.5 from EUR 85.5
 
                 * Salvatore Ferragamo  SFER.MI : Barclays cuts target price to EUR 8 from EUR 9
 
                 * Schott pharma AG & Co KGaA  1SXP.DE : Barclays raises target price to EUR 30 from EUR 25
 
                 * Shell Plc  SHEL.L : Jefferies raises target price to 3200p from 3000p
 
                 * SThree Plc  STEMS.L : HSBC cuts target price to 505p from 540p
 
                 * Subsea 7 SA  SUBC.OL : Berenberg raises target price to NOK 230 from NOK 215
 
                 * Swatch  UHR.S : HSBC cuts target price to CHF 210 from CHF 250
 
                 * Universal Music Group  UMG.AS : Barclays raises target price to EUR 31 from EUR 30
 
                 * Watches of Switzerland Group  WOSG.L : Barclays raises target price to 595p from 580p
 
                 * Wise Plc  WISEa.L : Berenberg cuts target price to 1045p from 1140p
 
                 * Wolters Kluwer NV  WLSNc.AS : Barclays raises target price to EUR 165 from EUR 160
 
                 * Zealand pharma A/S  ZELA.CO : Jefferies raises target price to DKK 1,100 from DKK 790
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))