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

Bytes Technology, Marks and Spencer, Phoenix



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>EUROPE RESEARCH ROUNDUP-Bytes Technology, Marks and Spencer, Phoenix</title></head><body>

April 22 (Reuters) -Securities analysts revised their ratings and price targets on several European companies, including Bytes Technology, Marks and Spencer and Phoenix, on Monday.

HIGHLIGHTS


* Adidas AG ADSGn.DE: RBC raises target price to EUR 250 from EUR 230

* Bytes Technology Group Plc BYIT.L: HSBC raises to buy from hold

* Marks and Spencer Group MKS.L: Jefferies raises to buy from hold

* Phoenix PHNX.L: Berenberg cuts target price to 650p from 739p

* Schindler Holding AG SCHN.S: Citigroup raises target price to CHF 242 from CHF 240


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


* AB Foods ABF.L: Jefferies raises target price to 2,500p from 2,160p

* Adesso SE ADNGk.DE: Berenberg raises target price to EUR 165 from EUR 160

* Adidas AG ADSGn.DE: RBC raises target price to EUR 250 from EUR 230

* Aegon NV AEGN.AS: Deutsche Bank raises target price to EUR 6 from EUR 5.6

* Ashtead Group Plc AHT.L: UBS raises target price to 5850p from 5500p

* ASML Holding NV ASML.AS: ING raises target price to EUR 1000 from EUR 950

* Aures Technologies ALAUR.PA: Midcap Partners raises PT to EUR 6.31 from EUR 4.80; rating hold

* Aurubis AG NAFG.DE: Deutsche Bank raises target price to EUR 88 from EUR 84

* Avanza AVANZ.ST: UBS cuts target price to SEK 181 from SEK 182

* B&M BMEB.L: Jefferies raises to hold from underperform; raises PT to 525p from 380p

* Banca Monte Dei Paschi Di Siena BMPS.MI: Barclays raises PT to EUR 5.3 from EUR 4.3

* Banco Bpm BAMI.MI: Barclays raises target price to EUR 7.8 from EUR 7

* Barclays BARC.L: JP Morgan raises target price to 240p from 220p

* BAT BATS.L: Jefferies raises target price to 3,300p from 3,200p

* Believe SA BLV.PA: Stifel cuts target price to EUR 18

* Biomerieux BIOX.PA: HSBC raises target price to EUR 120 from EUR 110

* BPER EMII.MI: Barclays raises target price to EUR 5.7 from EUR 4.4

* Brenntag SE BNRGn.DE: JP Morgan cuts target price to EUR 72.5 from EUR 74

* Bytes Technology Group Plc BYIT.L: HSBC cuts target price to 625p from 675p

* Bytes Technology Group Plc BYIT.L: HSBC raises to buy from hold

* Carnival CCL.L: Citigroup cuts target price to 1450p from 1800p

* Cerillion Plc CER.L: Liberum raises target price to 1650p from 1500p

* Computacenter CCC.L: HSBC raises target price to 3525p from 3015p

* Credito Emiliano SpA EMBI.MI: Barclays raises target price to EUR 10.1 from EUR 9.4

* Deutsche Lufthansa AG LHAG.DE: Barclays cuts target price to EUR 7.3 from EUR 8

* Deutsche Lufthansa AG LHAG.DE: JP Morgan cuts target price to EUR 5.8 from EUR 6.9

* Diasorin DIAS.MI: HSBC cuts target price to EUR 110 from EUR 115

* DR Martens Plc DOCS.L: RBC cuts target price to 65p from 85p

* DSM-Firmenich AG DSFIR.AS: Stifel raises target price to EUR 103 from EUR 90

* EasyJet EZJ.L: RBC raises target price to 580p from 540p

* Ecora Resources Plc ECORE.L: RBC cuts target price to 140p from 150p

* Elisa ELISA.HE: Inderes raises to accumulate from reduce; target price EUR 47

* Equinor ASA EQNR.OL: BofA Global Research raises PT to NOK 365 from NOK 350

* Eurofins Scientific EUFI.PA: HSBC raises target price to EUR 70 from EUR 60

* Eurofins Scientific EUFI.PA: HSBC raises to buy from hold

* Fagron NV FAGRO.BR: Degroof Petercam raises target price to EUR 24 from EUR 23

* Fastned BV FASTN.AS: ING cuts target price to EUR 23 from EUR 29

* Fastned BV FASTN.AS: ING cuts target price to EUR 23 from EUR 29

* Forvia SE FRVIA.PA: Citigroup raises target price to EUR 20 from EUR 19

* Galp GALP.LS: Citigroup raises target price to EUR 24.5 from EUR 16.5

* Gerresheimer AG GXIG.DE: Exane BNP Paribas initiates coverage with outperform rating

* Gerresheimer AG GXIG.DE: Jefferies raises target price to EUR 128 from EUR 126

* Groupe Ldlc ALLDL.PA: Midcap Partners cuts PT to EUR 18.4 from EUR 19; rating hold

* Imperial Brands IMB.L: Jefferies cuts target price to 1,710p from 1,810p

* Intesa Sanpaolo SpA ISP.MI: Barclays raises target price to EUR 4 from EUR 3.8

* Ionos Group SE IOSn.DE: Deutsche Bank raises target price to EUR 27 from EUR 21

* Ithaca Energy Plc ITH.L: Peel Hunt raises target price to 214p from 192p

* Johnson Service Group JSG.L: HSBC raises target price to 143p from 142p

* Just Eat Takeaway.Com TKWY.AS: ING raises target price to EUR 22.5 from EUR 21

* KBC Groep NV KBC.BR: UBS raises target price to EUR 70.7 from EUR 69

* Keystone Law Group Plc KEYS.L: Stifel raises target price to 725p from 700p

* Knorr Bremse AG KBX.DE: Berenberg raises target price to EUR 80 from EUR 79

* Knorr-Bremse AG KBX.DE: UBS raises target price to EUR 86 from EUR 79

* Konecranes KCRA.HE: Inderes raises target price to EUR 46 from EUR 40; rating reduce

* Lloyds LLOY.L: JP Morgan raises target price to 50p from 45p

* Man Group Plc EMG.L: BofA Global Research cuts price objective to 300p from 315p

* Marks and Spencer Group MKS.L: Jefferies raises to buy from hold

* Mears Group Plc MERG.L: Peel Hunt cuts to hold from add

* Mears Group Plc MERG.L: Peel Hunt raises target price to 375p from 350p

* Mediobanca MDBI.MI: Barclays raises target price to EUR 14.6 from EUR 12.7

* Naturgy NTGY.MC: UBS cuts target price to EUR 23.85 from EUR 26.25

* Natwest Group Plc NWG.L: JP Morgan raises target price to 330p from 290p

* Next Plc NXT.L: Jefferies raises to buy from hold; raises PT to 10,300p from 6,800p

* Nordea NDASE.ST: UBS raises target price to SEK 144 from SEK 140

* Nordea Bank Abp NDAFI.HE: Morgan Stanley raises PT to EUR 13.3 from EUR 12.7

* Nordex SE NDXG.DE: Deutsche Bank raises target price to EUR 17 from EUR 16

* Nostrum Oil & Gas Plc NOGN.L: Canaccord Genuity raises target price to 14p from 12.5p

* Oxford Nanopore Technologies Plc ONT.L: HSBC cuts target price to 170p from 280p

* Phoenix PHNX.L: Berenberg cuts target price to 650p from 739p

* QPR Software QPR1V.HE: Inderes cuts to sell from reduce

* QPR Software QPR1V.HE: Inderes raises target price to EUR 0.50 from EUR 0.38

* Rational AG RAAG.DE: Deutsche Bank raises target price to EUR 777 from EUR 728

* Roche Holding AG ROG.S: HSBC cuts target price to CHF 280 from CHF 290

* Rolls Royce RR.L: Jefferies raises target price to 530p from 470p

* Sainsbury SBRY.L: Jefferies raises to buy from hold

* Salzgitter AG SZGG.DE: Deutsche Bank raises target price to EUR 26 from EUR 24

* Sandoz AG SDZ.S: UBS raises target price to CHF 36 from CHF 29.1

* Sandoz AG SDZ.S: UBS raises to buy from neutral

* Sartorius SATG_p.DE: Deutsche Bank cuts target price to EUR 285 from EUR 316

* Sartorius AG SATG_p.DE: UBS cuts target price to EUR 314 from EUR 366

* Sartorius Stedim Biotech STDM.PA: UBS cuts target price to EUR 232 from EUR 276

* Schindler Holding AG SCHN.S: Citigroup raises target price to CHF 242 from CHF 240

* Schott pharma AG & Co KGaA 1SXP.DE: Jefferies raises PT to EUR 36.2 from EUR 34.3

* Sodexo SA EXHO.PA: Morgan Stanley raises target price to EUR 86 from EUR 84

* Sodexo SA EXHO.PA: UBS raises target price to EUR 93.25 from EUR 92

* Softcat SCTS.L: HSBC raises target price to 1960p from 1540p

* Soitec SA SOIT.PA: Berenberg cuts target price to EUR 110 from EUR 180

* SSAB AB SSABa.ST: Morgan Stanley cuts target price to SEK 66 from SEK 76

* Thales SA TCFP.PA: Morgan Stanley raises target price to EUR 164 from EUR 150

* Tomtom NV TOM2.AS: ING cuts target price to EUR 6 from EUR 7.5

* Tribe Technology Plc TRYB.L: Canaccord Genuity initiates coverage with speculative buy rating; PT 14p

* UBS Group AG UBSG.S: Exane BNP Paribas cuts target price to CHF 27

* UBS Group AG UBSG.S: Exane BNP Paribas cuts to neutral from outperform

* UBS Group AG UBSG.S: HSBC cuts target price to CHF 30 from CHF 31

* UBS Group AG UBSG.S: Morgan Stanley cuts target price to CHF 31 from CHF 33

* Unicredit CRDI.MI: Barclays raises target price to EUR 41.5 from EUR 35.9



(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.