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Reuters

Anglo American, Mercedes-Benz, Next

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Sept 23 (Reuters) -Securities analysts revised their ratings and price targets on several European companies including Anglo American, Mercedes-Benz and Next, on Monday.


HIGHLIGHTS


* Anglo American AAL.L: JP Morgan cuts target price to 2,305p from 2,440p

* Mercedes-Benz Group AG MBGn.DE: Jefferies cuts target price to EUR 75 from EUR 90

* Next Plc NXT.L: JP Morgan raises target price to 10,500p from 9,900p

* Porsche AG P911_p.DE: Barclays cuts target price to EUR 70 from EUR 80

* UCB UCB.BR: KBC Securities raises to accumulate from hold

Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.

* Aedas Homes AEDAS.MC: Citigroup raises target price to EUR 24.05 from EUR 20.06

* Ahold Delhaize AD.AS: HSBC raises target price to EUR 29 from EUR 25

* Ahold Delhaize AD.AS: HSBC raises to hold from reduce

* Anglo American AAL.L: JP Morgan cuts target price to 2,305p from 2,440p

* B&M BMEB.L: UBS initiates coverage With Sell rating; target price 390p

* Barratt BDEV.L: Jefferies cuts target price to 544p from 606p

* Barry Callebaut AG BARN.S: Stifel raises target price to CHF 1,750 from CHF 1,600

* Basilea Pharmaceutica AG Allschwil BSLN.S: H.C. Wainwright ups PT to CHF 100 from CHF 95

* Be Semiconductor BESI.AS: HSBC initiates with reduce rating and target price EUR 95

* BP BP.L: Barclays cuts target price to 675p from 750p

* Burberry BRBY.L: BofA Global Research cuts price objective to 475p from 700p

* Croda International CRDA.L: UBS cuts target price to 5300p from 5400p

* Cucinelli BCU.MI: BofA Global Research cuts price objective to EUR 100 from EUR 120

* Currys Plc CURY.L: Berenberg raises target price to 125p from 92p

* DNB Bank ASA DNB.OL: Morgan Stanley initiates with underweight rating; target NOK 229

* Domino's Pizza Group DOM.L: UBS initiates coverage with buy rating and target price 380p

* Dunelm Group Plc DNLM.L: JP Morgan raises target price to 1170p from 1140p

* Dunelm Group Plc DNLM.L: UBS raises target price to 1,410p from 1,111p

* Dunelm Group Plc DNLM.L: UBS raises to buy from neutral

* Ecora Resources Plc ECORE.L: Peel Hunt cuts target price to 140p from 149p

* Edenred EDEN.PA: Jefferies cuts target price to EUR 31.8 from EUR 33.2

* Epiroc AB EPIRa.ST: Jefferies initiates coverage with buy rating; target price SEK 250

* Esker SA ALESK.PA: Stifel cuts to hold from buy; raises target to EUR 285 from EUR 210

* Flsmidth FLS.CO: Jefferies initiates coverage with buy rating; target price DKK 400

* Galderma Group AG GALD.S: Berenberg cuts target price to CHF 103.3 from CHF 104.4

* GEA G1AG.DE: Deutsche Bank raises target price to EUR 51 from EUR 50

* Gecina SA GFCP.PA: Citigroup raises target price to EUR 88.5 from EUR 74.9

* Hays HAYS.L: Exane BNP Paribas cuts target price to 87p

* Hays HAYS.L: Exane BNP Paribas cuts to underperform from neutral

* Hermes HRMS.PA: BofA Global Research cuts price objective to EUR 2300 from EUR 2800

* Holcim HOLN.S: UBS raises target price to CHF 85 from CHF 80

* Howden Joinery Group Plc HWDN.L: UBS raises target price to 982p from 950p

* Hugo Boss AG BOSSn.DE: BofA Global Research cuts price objective to EUR 40 from EUR 45

* Hugo Boss AG BOSSn.DE: BofA Global Research cuts to underperform from buy

* Just Group JUSTJ.L: Peel Hunt raises target price to 170p from 150p

* Kering PRTP.PA: BofA Global Research cuts price objective to EUR 265 from EUR 400

* Kering PRTP.PA: BofA Global Research cuts to neutral from buy

* Kering PRTP.PA: Jefferies cuts target price to EUR 220 from EUR 230

* Kerry Group Plc KYGa.I: Deutsche Bank raises target price to EUR 86 from EUR 84

* Kingfisher KGF.L: UBS raises target price to 340p from 201p

* Kingfisher KGF.L: UBS raises to neutral from sell

* Knorr-Bremse AG KBX.DE: UBS raises target price to EUR 90 from EUR 86

* Lindex Group LINDEX.HE: Inderes raises to buy from accumulate; target price EUR 3.5

* LVMH LVMH.PA: BofA Global Research cuts price objective to EUR 700 from EUR 950

* LVMH LVMH.PA: BofA Global Research cuts to neutral from buy

* LVMH LVMH.PA: Stifel cuts target price to EUR 720 from EUR 800

* Marks and Spencer Group MKS.L: UBS initiates coverage With Buy rating; target price 435p

* Mercedes-Benz Group AG MBGn.DE: Citigroup cuts target price to EUR 56 from EUR 60

* Mercedes-Benz Group AG MBGn.DE: Deutsche Bank cuts target price to EUR 105 from EUR 125

* Mercedes-Benz Group AG MBGn.DE: HSBC cuts target price to EUR 75 from EUR 82

* Mercedes-Benz Group AG MBGn.DE: Jefferies cuts target price to EUR 75 from EUR 90

* Mercedes-Benz Group AG MBGn.DE: RBC cuts target price to EUR 79 from EUR 87

* Metso Oyj METSO.HE: Jefferies initiates coverage with hold rating; target price EUR 9.4

* Moncler MONC.MI: Barclays cuts target price to EUR 60 from EUR 63

* Moncler MONC.MI: BofA Global Research cuts price objective to EUR 55 from EUR 70

* Nanobiotix SA NANOB.PA: Jefferies cuts target price to EUR 9.5 from EUR 10.5

* Nestle SA NESN.S: RBC cuts target price to CHF 93 from CHF 96

* Nestle SA NESN.S: UBS cuts target price to CHF 91 from CHF 95

* Next Plc NXT.L: JP Morgan raises target price to 10,500p from 9,900p

* Nightingale Health OYJ: Inderes raises target price to EUR 2.9 from EUR 1.6; rating reduce

* Novonesis NSISb.CO: Berenberg raises target price to DKK 530 from DKK 450

* Pandora PNDORA.CO: BofA Global Research raises price objective to DKK 1400 from DKK 1300

* Persimmon PSN.L: Jefferies raises target price to 2,029p from 1,969p

* Porsche AG P911_p.DE: Barclays cuts target price to EUR 70 from EUR 80

* Publicis PUBP.PA: UBS raises target price to EUR 116 from EUR 115

* Renishaw RSW.L: Barclays cuts target price to 3250p from 3510p

* Rio Tinto RIO.L: JP Morgan cuts target price to 6,110p from 6,430p

* S4 Capital SFOR.L: Barclays cuts target price to 55p from 65p

* S4 Capital Plc SFOR.L: Morgan Stanley cuts target price to 44p from 46p

* Salvatore Ferragamo SpA SFER.MI: BofA Global Research cuts price objective to EUR 5 from EUR 7.5

* Sandvik AB SAND.ST: JP Morgan cuts target price to SEK 215 from SEK 225

* Sanofi SASY.PA: Barclays raises target price to EUR 120 from EUR 105

* Stellantis NV STLAM.MI: HSBC cuts target price to EUR 15 from EUR 18

* Swatch Group AG UHR.S: BofA Global Research cuts price objective to CHF 130 from CHF 175

* Swedbank SWEDa.ST: UBS cuts target price to SEK 246 from SEK 247

* Taylor Wimpey TW.L: Jefferies raises target price to 199p from 191p

* UCB UCB.BR: KBC Securities raises target price to EUR 168 from EUR 161

* UCB UCB.BR: KBC Securities raises to accumulate from hold

* Vistry Group Plc VTYV.L: Citigroup raises target price to 1329p from 1290p

* Vistry Group Plc VTYV.L: Jefferies cuts target price to 1,426p from 1,434p

* Volkswagen AG Prefs VOWG_p.DE: Barclays cuts target price to EUR 110 from EUR 125

* Watches of Switzerland WOSG.L: BofA Global Research ups price objective to 450p from 425p

* Zalando SE ZALG.DE: Deutsche Bank raises target price to EUR 36 from EUR 34

* Zalando SE ZALG.DE: Stifel raises target price to EUR 36 from EUR 35


(Compiled by Bengaluru Newsroom)

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