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Azelis, Drax Group, Rentokil Initial



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April 8 (Reuters) -Securities analysts revised their ratings and price targets on several European companies, including Azelis, Drax Group and Rentokil Initial on Monday.


HIGHLIGHTS

* Azelis AZE.BR: JP Morgan raises target price to EUR 27 from EUR 25.5

* Drax Group Plc DRX.L: HSBC raises target price to 500p from 470p

* Rentokil Initial RTO.L: HSBC cuts target price to 480p from 495p

* Volvo AB VOLVb.ST: Jefferies raises to buy from hold

* Wacker Chemie AG WCHG.DE: Citigroup raises to buy from sell


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


* Alstom ALSO.PA: JP Morgan cuts target price to EUR 13.90 from EUR 14.40

* Anglo American AAL.L: Bernstein raises target price to 2,100p from 2,080p

* Antofagasta ANTO.L: Bernstein raises target price to 1770p from 1310p

* Aperam SA APAM.AS: Deutsche Bank cuts target price to EUR 42 from EUR 43

* Arkema SA AKE.PA: Citigroup cuts to neutral from buy

* Atlas Copco AB ATCOa.ST: Citigroup raises target price to SEK 205 from SEK 186

* Azelis AZE.BR: JP Morgan raises target price to EUR 27 from EUR 25.5

* BASF SE BASFn.DE: Citigroup raises target price to EUR 56 from EUR 45

* Beazley BEZG.L: Jefferies raises target price to 975p from 915p

* Believe SA BLV.PA: Bernstein cuts to market-perform from outperform

* BHP Group BHPB.L: Bernstein cuts target price to 2,300p from 2,450p

* Boliden AB BOL.ST: Bernstein cuts target price to SEK 255 from SEK 314

* Carlsberg CARLb.CO: Barclays raises target price to DKK 1008 from DKK 1002

* Carlsberg CARLb.CO: Deutsche Bank raises target price to DKK 1100 from DKK 1080

* Central Asia Metals Plc CAML.L: Peel Hunt cuts target price to 285p from 290p

* Clariant AG CLN.S: Citigroup raises target price to CHF 16 from CHF 11.5

* Clariant AG CLN.S: Citigroup raises to buy from neutral

* Continental AG CONG.DE: Jefferies raises target price to EUR 73 from EUR 72

* Continental AG CONG.DE: Jefferies raises to buy from hold

* Croda CRDA.L: Barclays raises target price to 5100p from 5000p

* Daimler Truck Holding AG DTGGe.DE: Jefferies raises PT EUR 55 from EUR 43

* Danone DANO.PA: Morgan Stanley cuts target price to EUR 67 from EUR 69

* Diasorin SpA DIAS.MI: UBS initiates coverage with buy rating and PT EUR 105

* Drax Group Plc DRX.L: HSBC raises target price to 500p from 470p

* EasyJet EZJ.L: UBS raises target price to 850p from 820p

* Elementis Plc ELM.L: Barclays raises target price to 155p from 137p

* Elkem ASA ELK.OL: Citigroup raises target price to NOK 23 from NOK 22.5

* Evonik Industries AG EVKn.DE: Citigroup raises target price to EUR 22 from EUR 17

* Evonik Industries AG EVKn.DE: Citigroup raises to buy from neutral

* Flutter Entertainment Plc FLTRF.L: Morgan Stanley raises PT 18400p from 16200p

* Glencore GLEN.L: Bernstein cuts target price to 560p from 585p

* GSK GSK.L: Barclays raises target price to 1725p from 1575p

* Hargreaves Lansdown Plc HRGV.L: UBS raises target price to 680p from 650p

* Hexagon HEXAb.ST: Barclays raises target price to SEK 110 from SEK 100

* Hiscox HSX.L: Jefferies raises target price to 1,200p from 1,100p

* IWG IWG.L: Peel Hunt raises target price to 215p from 170p

* Kering PRTP.PA: Jefferies cuts target price to EUR 370 from EUR 400

* Lancashire Holdings LRE.L: Jefferies cuts target price to 740p from 795p

* Lanxess AG LXSG.DE: Citigroup raises target price to EUR 29 from EUR 25.5

* L'Oreal OREP.PA: Barclays cuts target price to EUR 462 from EUR 467

* Michelin MICP.PA: Jefferies cuts to underperform from hold

* Michelin MICP.PA: Jefferies raises target price to EUR 30 from EUR 28

* Moncler MONC.MI: Barclays raises target price to EUR 67 from EUR 60

* Nexans NEXS.PA: HSBC raises target price to EUR 105 from EUR 97

* Pernod Ricard PERP.PA: Barclays cuts target price to EUR 136 from EUR 148

* Pirelli & C SpA PIRC.MI: Jefferies raises target price to EUR 6.9 from EUR 5.2

* Pirelli & C SpA PIRC.MI: Jefferies raises to buy from hold

* Prosiebensat 1 Media SE PSMGn.DE: Citigroup raises PT EUR 13 from EUR 12.5

* Prudential PRU.L: Deutsche Bank cuts target price to 1325p from 1390p

* Rentokil Initial RTO.L: HSBC cuts target price to 480p from 495p

* Rio Tinto RIO.L: Bernstein cuts target price to 6,100p from 6,200p

* Rockwool A/S ROCKb.CO: Barclays raises target price to DKK 2700 from DKK 2630

* RS Group RS1R.L: HSBC cuts target price to 935p from 1025p

* Saint-Gobain SGOB.PA: Barclays raises target price to EUR 87 from EUR 76

* Savills SVS.L: Peel Hunt raises target price to 1,100p from 1,025p

* Soitec SA SOIT.PA: JP Morgan cuts target price to EUR 95 from EUR 109

* Solvay SOLB.BR: Citigroup raises target price to EUR 29 from EUR 24

* SSAB AB SSABa.ST: Jefferies cuts target price to SEK 80 from SEK 85

* Swedish Steel AB SSABa.ST: UBS cuts target price to SEK 83 from SEK 88

* Symrise AG SY1G.DE: Barclays raises target price to EUR 110 from EUR 100

* Teleperformance TEPRF.PA: Deutsche Bank cuts target price to EUR 110 from EUR 140

* Traton SE 8TRA.DE: Jefferies raises target price to EUR 37 from EUR 20

* Traton SE 8TRA.DE: JP Morgan raises target price to EUR 28 from EUR 24

* VAT Group AG VACN.S: Morgan Stanley raises target price to CHF 530 from CHF 460

* Volvo AB VOLVb.ST: Jefferies raises target price to SEK 330 from SEK 215

* Volvo AB VOLVb.ST: Jefferies raises to buy from hold

* Volvo AB VOLVb.ST: JP Morgan raises target price to SEK 290 from SEK 250

* Wacker Chemie AG WCHG.DE: Citigroup raises target price to EUR 130 from EUR 95

* Wacker Chemie AG WCHG.DE: Citigroup raises to buy from sell

* Wood Plc WG.L: Berenberg cuts target price to 150p from 180p

* Zalando SE ZALG.DE: Citigroup raises target price to EUR 32 from EUR 20.5

* Zalando SE ZALG.DE: Citigroup raises to buy from neutral


(Compiled by Bengaluru Newsroom)

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