Adyen, Berkeley, Iveco
Dec 9 (Reuters) -Securities analysts revised their ratings and price targets on several European companies, including Adyen, Berkeley and Iveco, on Monday.
HIGHLIGHTS
* Adyen NV ADYEN.AS: JP Morgan raises target price to EUR 1659 from EUR 1500 |
* Berkeley Group BKGH.L: Berenberg cuts target price to 5,500p from 6,200p |
* Iveco Group IVG.MI: Deutsche Bank cuts to hold from buy |
* SAP SE SAPG.DE: Citigroup raises target price to EUR 300 from EUR 260 |
* Weir Group WEIR.L: Morgan Stanley raises to overweight from underweight |
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* 1&1 AG 1U1.DE: Goldman Sachs raises to buy from neutral |
* ABB Ltd ABBN.S: Morgan Stanley raises target price to CHF 48 from CHF 45 |
* ABB Ltd ABBN.S: Morgan Stanley raises to equalweight from underweight |
* Adyen NV ADYEN.AS: JP Morgan raises target price to EUR 1659 from EUR 1500 |
* Adyen NV ADYEN.AS: KBW raises target price to EUR 1750 from EUR 1720 |
* Ashtead AHT.L: Deutsche Bank cuts to hold from buy |
* Atlas Copco AB ATCOa.ST: Morgan Stanley cuts target price to SEK 170 from SEK 175 |
* Atlas Copco AB ATCOa.ST: Morgan Stanley raises to equal weight from underweight |
* Baltic Classifieds Group BCG.L: Deutsche Bank cuts to hold from buy |
* Baltic Classifieds Group BCG.L: Deutsche Bank raises PT to 373p from 329p |
* BAT BATS.L: Citigroup raises target price to 3200p from 2875p |
* Berkeley Group BKGH.L: Berenberg cuts target price to 5,500p from 6,200p |
* Berkeley Group BKGH.L: Peel Hunt cuts target price to 4,400p from 4,830p |
* Berkeley Group BKGH.L: Peel Hunt raises to add from hold |
* Berkeley Group BKGH.L: RBC cuts target price to 4700p from 4950p |
* Berkeley Group BKGH.L: Stifel cuts target price to 4,220p from 4,420p |
* Berkeley Group BKGH.L: Morgan Stanley cuts PT to 4200p from 4546p |
* BT BT.L: BofA Global Research raises price objective to 208p from 205p |
* Burberry BRBY.L: RBC raises target price to 1,000p from 900p |
* Cellnex CLNX.MC: BofA Global Research raises price objective to EUR 41.5 from EUR 41 |
* CocaCola Europacific Partners CCEPC.AS: Morgan Stanley ups PT to EUR 87 from EUR 69 |
* CocaCola Europacific Partners CCEPC.AS: Morgan Stanley ups to overweight from equalweight |
* Compagnie Financiere Richemont SA CFR.S: RBC cuts PT to CHF 135 from CHF 140 |
* Credit Agricole CAGR.PA: Exane BNP Paribas cuts target price to EUR 15 from EUR 17 |
* Credit Agricole CAGR.PA: Exane BNP Paribas cuts to neutral from outperform |
* Daimler Truck DTGGe.DE: Deutsche Bank cuts target price to EUR 45 from EUR 55 |
* Deutsche Telekom AG DTEGn.DE: BofA Global Research raises PT to EUR 35 from EUR 32 |
* D'Ieteren IETB.BR: KBC Securities cuts PT to EUR 225 from EUR 300; rating "buy" |
* Dof Group ASA DOFG.OL: Kepler Cheuvreux initiates coverage with buy rating; PT NOK 140 |
* Elis ELIS.PA: Deutsche Bank cuts target price to EUR 29 from EUR 30 |
* Elisa Oyj ELISA.HE: BofA Global Research raises price objective to EUR 41 from EUR 40 |
* Emmi AG EMMN.S: Baader Helvea cuts target price to CHF 900 from CHF 950 |
* ENI ENI.MI: BofA Global Research raises price objective to EUR 15.70 from EUR 15.40 |
* Epiroc AB EPIRa.ST: Morgan Stanley cuts target price to SEK 182 from SEK 200 |
* Epiroc AB EPIRa.ST: Morgan Stanley cuts to underweight from equal weight |
* Equinor ASA EQNR.OL: JP Morgan raises to overweight from underweight |
* Ericsson ERICb.ST: JP Morgan raises target price to SEK 98 from SEK 70.5 |
* Exor EXOR.AS: UBS cuts target price to EUR 127 from EUR 129 |
* Fevertree Drinks Plc FEVR.L: Citigroup cuts target price to 800p from 860p |
* Frasers Group FRAS.L: Barclays cuts target price to 760p from 905p |
* Frasers Group FRAS.L: Barclays cuts to equalweight from overweight |
* Freenet AG FNTGn.DE: Goldman Sachs cuts to sell from neutral |
* Galp GALP.LS: BofA Global Research raises price objective to EUR 22 from EUR 20.5 |
* Galp GALP.LS: BofA Global Research raises to buy from neutral |
* Grifols GRLS.MC: Bernstein cuts target price to EUR 21.50 from EUR 22 |
* GSK GSK.L: BofA Global Research cuts price objective to 1415p from 1425p |
* Heineken NV HEIN.AS: Citigroup cuts target price to EUR 95 from EUR 99 |
* Imperial Brands IMB.L: Citigroup raises target price to 2835p from 2775p |
* Infrastrutture Wireless Italiane SpA INWT.MI: BofA Global Research cuts PT to EUR 11.9 from EUR 12.1 |
* Infrastrutture Wireless Italiane SpA INWT.MI: Goldman Sachs raises to buy rating |
* Inspecs Group Plc SPECI.L: Peel Hunt cuts target price to 60p from 100p |
* Intercontinental Hotels Group IHG.L: UBS raises target price to 10,450p from 8,660p |
* Iveco Group IVG.MI: Deutsche Bank cuts to hold from buy |
* Iveco Group IVG.MI: Deutsche Bank cuts target price to EUR 11 from EUR 14 |
* Kion Group AG KGX.DE: Morgan Stanley cuts target price to EUR 40 from EUR 44 |
* Kone Oyj KNEBV.HE: Morgan Stanley cuts target price to EUR 44 from EUR 50 |
* Kone Oyj KNEBV.HE: Morgan Stanley cuts to underweight from overweight |
* KPN KPN.AS: BofA Global Research raises price objective to EUR 3.9 from EUR 3.8 |
* Legal & General Group Plc LGEN.L: Jefferies cuts target price to 230p from 235p |
* LSEG LSEG.L: Jefferies raises target price to 13500p from 12500p |
* LVMH LVMH.PA: RBC cuts target price to EUR 650 from EUR 710 |
* M&G MNG.L: Jefferies cuts target price to 215p from 220p |
* Marlowe Plc MRLM.L: Berenberg cuts target price to 400p from 710p |
* Metro Bank MTRO.L: Peel Hunt raises target price to 90p from 60p |
* Metso Corporation METSO.HE: Morgan Stanley cuts target price to EUR 9.8 from EUR 10 |
* Moncler MONC.MI: RBC cuts target price to EUR 56 from EUR 59 |
* Neste Oyj NESTE.HE: BofA Global Research cuts price objective to EUR 20 from EUR 21 |
* Neste Oyj NESTE.HE: Citigroup cuts target price to EUR 16 from EUR 24 |
* Neste Oyj NESTE.HE: Citigroup cuts to neutral from buy |
* Neste Oyj NESTE.HE: JP Morgan raises to neutral from underweight |
* Nokia Oyj NOKIA.HE: JP Morgan raises target price to EUR 6.05 from EUR 4 |
* Nokia Oyj NOKIA.HE: JP Morgan raises to overweight from neutral |
* Nordic Semiconductor ASA NOD.OL: JP Morgan cuts PT to NOK 145 from NOK 180 |
* Novartis AG NOVN.S: BofA Global Research cuts price objective to CHF 104 from CHF 110 |
* OMV AG OMVV.VI: BofA Global Research raises price objective to EUR 38.50 from EUR 36 |
* Orange SA ORAN.PA: BofA Global Research raises price objective to EUR 13.4 from EUR 12.9 |
* Paragon Banking PAGPA.L: Deutsche Bank raises target price to 850p from 640p |
* Porsche PSHG_p.DE: Deutsche Bank cuts target price to EUR 55 from EUR 70 |
* Porsche PSHG_p.DE: UBS cuts target price to EUR 32 from EUR 42 |
* Porsche PSHG_p.DE: UBS cuts to sell from neutral |
* Porsche AG P911_p.DE: Deutsche Bank cuts target price to EUR 80 from EUR 85 |
* Randstad RAND.AS: Deutsche Bank cuts target price to EUR 46 from EUR 54 |
* Repsol REP.MC: JP Morgan cuts to underweight from neutral |
* Rexel RXL.PA: Morgan Stanley raises target price to EUR 29 from EUR 24 |
* Rexel RXL.PA: Morgan Stanley raises to overweight from equal weight |
* Sabre Insurance Group Plc SBRE.L: Jefferies raises target price to 145p from 140p |
* Sandoz Group AG SDZ.S: BofA Global Research raises PT to CHF 47 from CHF 45 |
* Sandvik AB SAND.ST: Morgan Stanley raises target price to SEK 220 from SEK 215 |
* SAP SE SAPG.DE: BofA Global Research raises price objective to EUR 283 from EUR 243 |
* SAP SE SAPG.DE: Citigroup raises target price to EUR 300 from EUR 260 |
* Serica Energy SQZ.L: Canaccord Genuity initiates coverage with buy rating; PT 195p |
* SGS SGSN.S: Deutsche Bank raises target price to CHF 94 from CHF 91.6 |
* Signify NV LIGHT.AS: Morgan Stanley cuts target price to EUR 25 from EUR 27 |
* Signify NV LIGHT.AS: Morgan Stanley cuts to equal weight from overweight |
* Societe Generale SA SOGN.PA: Exane BNP Paribas raises aPT to EUR 35 from EUR 30 |
* Societe Generale SA SOGN.PA: Exane BNP Paribas raises to outperform from neutral |
* Soitec SA SOIT.PA: Berenberg cuts target price to EUR 120 from EUR 130 |
* Soitec SA SOIT.PA: JP Morgan cuts target price to EUR 100 from EUR 110 |
* Solvay SOLB.BR: Bernstein raises target price to EUR 35 from EUR 28 |
* Spirax Group Plc SPX.L: Morgan Stanley cuts target price to 8500p from 9000p |
* Spirax Group Plc SPX.L: Morgan Stanley raises to overweight from equal weight |
* STMicroelectronics NV STMPA.PA: JP Morgan cuts target price to EUR 30 from EUR 35 |
* STMicroelectronics NV STMPA.PA: JP Morgan cuts to neutral from overweight |
* Sunrise Communications AG SUNN.S: Goldman Sachs initiates coverage with PT CHF 41 |
* Sunrise Communications AG SUNN.S: Goldman Sachs initiates coverage with sell rating |
* Swatch Group AG UHR.S: RBC cuts target price to CHF 150 from CHF 180 |
* Swisscom AG SCMN.S: BofA Global Research raises price objective to CHF 499 from CHF 483 |
* Team17 Group Plc TM17.L: Jefferies raises to buy from hold; ups PT to 360p from 230p |
* Tele2 AB TEL2b.ST: BofA Global Research raises price objective to SEK 113 from SEK 109 |
* Telecom Italia TLIT.MI: BofA Global Research raises PT to EUR 0.37 from EUR 0.35 |
* Telefonica TEF.MC: BofA Global Research raises price objective to EUR 4.3 from EUR 4.2 |
* Telenor ASA TEL.OL: BofA Global Research raises price objective to NOK 160 from NOK 158 |
* Telia TELIA.ST: BofA Global Research raises price objective to SEK 30 from SEK 29 |
* Tenaris TENR.MI: Jefferies raises to buy from hold; raises PT to EUR 22 from EUR 16 |
* Trainline Plc TRNT.L: UBS cuts to neutral from buy |
* Trainline Plc TRNT.L: UBS raises target price to 490p from 410p |
* Traton 8TRA.DE: Deutsche Bank cuts target price to EUR 42 from EUR 55 |
* Tryg TRYG.CO: Jefferies cuts target price to DKK 180 from DKK 183 |
* UCB UCB.BR: KBC Securities raises PT to EUR 214 from EUR 173; rating "accumulate" |
* UCB UCB.BR: BofA Global Research raises price objective to EUR 210 from EUR 150 |
* Valeo VLOF.PA: Citigroup cuts target price to EUR 9.30 from EUR 12.80 |
* Vallourec VLLP.PA: Jefferies raises target price to EUR 22 from EUR 18 |
* Vodafone VOD.L: BofA Global Research raises price objective to 115p from 112p |
* Vodafone VOD.L: Goldman Sachs cuts to neutral from buy |
* Volvo AB VOLVb.ST: Deutsche Bank cuts target price to SEK 326 from SEK 380 |
* Warpaint London Plc W7L.L: RBC raises target price to 700p from 685p |
* Watches of Switzerland WOSG.L: RBC raises target price to 640p from 520p |
* Weir Group WEIR.L: Morgan Stanley raises target price to 2560p from 2080p |
* Weir Group WEIR.L: Morgan Stanley raises to overweight from underweight |
* Whitbread WTB.L: UBS cuts target price to 4,200p from 4,400p |
* Workspace WKP.L: Berenberg cuts target price to 653p from 688p |
(Compiled by Bengaluru Newsroom)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.