XM does not provide services to residents of the United States of America.

Babcock International, Scout24 Kymmene Oyj



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>EUROPE RESEARCH ROUNDUP- Babcock International, Scout24 SE, UPM-Kymmene Oyj</title></head><body>

Nov 14 (Reuters) -Securities analysts revised their ratings and price targets on several European companies, including Babcock International, Scout24 SE and UPM-Kymmene Oyj, on Thursday.


HIGHLIGHTS


* Babcock International BAB.L: Jefferies raises target price to 750p from 720p

* Just Eat Takeaway.Com JETJ.L: HSBC raises target price to 1575p from 1430p

* Scout24 SE G24n.DE: Berenberg raises target price to EUR 110 from EUR 83

* UPM-Kymmene Oyj UPM.HE: Jefferies raises to buy from hold

* Vestas VWS.CO: Berenberg cuts to hold from buy; cuts PT to DKK 120 from DKK 180

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


* ABN Amro Bank NV ABNd.AS: Morgan Stanley cuts target price to EUR 16.5 from EUR 17.5

* ABN Amro Bank NV ABNd.AS: Morgan Stanley cuts to underweight from equal weight

* Air France-KLM AIRF.PA: JP Morgan cuts target price to EUR 11.50 from EUR 12

* Alcon AG ALCC.S: BofA Global Research cuts price objective to CHF 82 from CHF 85

* Alfa Financial Software Holdings Plc ALFAAL.L: Peel Hunt raises PT to 250p from 215p

* Alstom ALSO.PA: UBS raises target price to EUR 20 from EUR 19

* Alstom SA ALSO.PA: Deutsche Bank raises target price to EUR 22 from EUR 21

* ArcelorMittal MT.AS: BofA Global Research raises price objective to EUR 31 from EUR 28

* ArcelorMittal MT.AS: BofA Global Research raises to buy from neutral

* AstraZeneca AZN.L: Bernstein cuts target price to 18,000p from 20,000p

* Auto1 Group SE AG1G.DE: Citigroup raises target price to EUR 12.3 from EUR 12

* Auto1 Group SE AG1G.DE: Deutsche Bank raises target price to EUR 12 from EUR 11

* Auto1 Group SE AG1G.DE: JP Morgan raises target price to EUR 12.10 from EUR 8.90

* B&M BMEB.L: Peel Hunt cuts target price to 650p from 690p

* Babcock International BAB.L: Jefferies raises target price to 750p from 720p

* Bayer BAYGn.DE: Deutsche Bank cuts target price to EUR 23 from EUR 29

* Caixabank CABK.MC: Kepler Cheuvreux cuts target price to EUR 5.1 from EUR 5.45

* Caixabank CABK.MC: Kepler Cheuvreux cuts to reduce from hold

* Cancom SE COKG.DE: Berenberg cuts target price to EUR 27 from EUR 30

* Cancom SE COKG.DE: Deutsche Bank cuts target price to EUR 33 from EUR 40

* Carel Industries SpA CRLI.MI: Exane BNP Paribas raises to outperform from neutral

* Coca-Cola Europacific Partners CCEPC.L: Deutsche Bank initiates coverage with buy rating

* Coca-Cola Europacific Partners CCEPC.L: Deutsche Bank initiates coverage with PT 7475p

* Continental CONG.DE: Barclays cuts target price to EUR 85 from EUR 90

* Convatec Group Plc CTEC.L: Jefferies raises target price to 295p from 285p

* De La Rue Plc DLAR.L: Davy Research initiates coverage with outperform rating; PT 160p

* Eiffage FOUG.PA: Barclays cuts target price to EUR 138 from EUR 142

* ElringKlinger AG ZILGn.DE: Deutsche Bank cuts target price to EUR 4.5 from EUR 6

* Erste Group Bank ERST.VI: HSBC raises target price to EUR 70 from EUR 68

* Georg Fischer AG GF.S: Berenberg raises target price to CHF 80 from CHF 74

* GN Store Nord GN.CO: Kepler Cheuvreux cuts target price to DKK 183 from DKK 194

* GN Store Nord GN.CO: Kepler Cheuvreux raises to buy from hold

* Imperial Brands Plc IMB.L: Barclays raises target price to 2800p from 2620p

* Infineon Technologies AG IFXGN.DE: HSBC cuts target price to EUR 37 from EUR 43

* Intercos S.P.A. ICOS.MI: Morgan Stanley cuts target price to EUR 17 from EUR 17.5

* Intermediate Capital Group ICGIN.L: Deutsche Bank raises PT to 2650p from 2550p

* Interparfums SA IPAR.PA: Berenberg cuts target price to EUR 52 from EUR 54

* Jenoptik JENGn.DE: Deutsche Bank cuts target price to EUR 39 from EUR 45

* Just Eat Takeaway.Com JETJ.L: HSBC raises target price to 1575p from 1430p

* Just Eat Takeaway.Com TKWY.AS: HSBC raises target price to EUR 19 from EUR 17

* Keller Group Plc KLR.L: Peel Hunt raises target price to 1980p from 1670p

* Lanxess AG LXSG.DE: Berenberg cuts target price to EUR 32 from EUR 34

* Lem Holding SA LEHN.S: Stifel cuts target price to CHF 1100 from CHF 1525

* M6-Metropole Television SA MMTP.PA: Barclays cuts PT to EUR 11.5 from EUR 13.5

* Melexis NV MLXS.BR: JP Morgan cuts target price to EUR 65 from EUR 97.20

* Nestle NESN.S: HSBC cuts target price to CHF 95 from CHF 101

* Oxford Instruments OXIG.L: HSBC cuts target price to 2540p from 2590p

* Premier Foods Plc PFD.L: Jefferies raises target price to 225p from 200p

* Premier Foods Plc PFD.L: Peel Hunt raises target price to 230p from 200p

* Premier Foods Plc PFD.L: RBC raises target price to 220p from 200p

* Riyad Bank 1010.SE: HSBC raises target price to sar 31.7 from sar 27.5

* RTL Group SA RRTL.DE: Barclays cuts target price to EUR 26.5 from EUR 33

* RTL Group SA RRTL.DE: Kepler Cheuvreux cuts target price to EUR 27 from EUR 33

* RTL Group SA RRTL.DE: Kepler Cheuvreux cuts to hold from buy

* RWE RWEG.DE: HSBC cuts target price to EUR 39 from EUR 43

* Scout24 SE G24n.DE: Berenberg raises target price to EUR 110 from EUR 83

* Siemens Energy ENR1n.DE: Deutsche Bank raises target price to EUR 52 from EUR 43

* Siemens Energy AG ENR1n.DE: Barclays raises target price to EUR 35 from EUR 21

* Siemens Energy AG ENR1n.DE: Citigroup raises target price to EUR 48 from EUR 40

* Smurfit Westrock Plc SWR.L: Morgan Stanley raises target price to 5000p from 4600p

* Snam SRG.MI: Stifel initiates coverage with buy rating; price target EUR 5.9

* SOBI SOBIV.ST: HSBC raises target price to SEK 390 from SEK 330

* Softwareone Holding Ltd SWON.S: JP Morgan cuts target price to CHF 8 from CHF 15

* Ströer SE & Co. KGaA SAXG.DE: Barclays cuts target price to EUR 55 from EUR 64

* Svitzer Group A/S SVITZR.CO: HSBC cuts target price to DKK 300 from DKK 320

* Television Francaise 1 SA TFFP.PA: Barclays cuts PT to EUR 8.5 from EUR 9.5

* Temenos TEMN.S: Deutsche Bank cuts target price to CHF 64 from CHF 65

* Terna TRN.MI: Stifel initiates coverage with hold rating; price target EUR 8.3

* Tinexta SpA TNXT.MI: Stifel cuts target price to EUR 13 from EUR 28

* TKH Group NV TWKNc.AS: Berenberg cuts target price to EUR 45 from EUR 55

* TT Electronics Plc TTG.L: RBC cuts target price to 160p from 200p

* Unicaja Banco UNI.MC: Deutsche Bank raises target price to EUR 1.6 from EUR 1.55

* UPM-Kymmene Oyj UPM.HE: Jefferies raises to buy from hold

* Verbio VBKG.DE: Deutsche Bank cuts target price to EUR 17 from EUR 20

* Vestas VWS.CO: Berenberg cuts to hold from buy; cuts PT to DKK 120 from DKK 180

* Vistry Group Plc VTYV.L: JP Morgan cuts target price to 830p from 970p

* Voestalpine VOES.VI: Deutsche Bank cuts target price to EUR 34 from EUR 37

* WH Smith Plc SMWH.L: JP Morgan cuts target price to 1,950p from 2,000p


(Compiled by Bengaluru Newsroom)

</body></html>

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.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.