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BuzziUnicem


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Top of the Street: Holcim, Buzzi, AstraZeneca

BUZZ-Top of the Street: Holcim, Buzzi, AstraZeneca A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** JPM shifts Holcim 's HOLN.S rating from "neutral" to "overweight", noting its attractive valuation despite its year-to-date underperformance ** ** Buzzi BZU.MI gets an upgrade from "underweight" to "neutral" by JPM, with potential U.S.
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JPM sees 'further upside on the horizon' for European cement companies

BUZZ-JPM sees 'further upside on the horizon' for European cement companies ** J.P.Morgan says its analysis implies further upside for the European cement sector, pointing to improving industry fundamentals, potential upside to current consensus expectations for next year and a "catalyst-rich" H1 ** The broker adds Heidelberg Materials HEIG.DE to i
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Imperial Brands, Morgan Sindall, WH Smith

EUROPE RESEARCH ROUNDUP-Imperial Brands, Morgan Sindall, WH Smith Nov 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Imperial Brands, Morgan Sindall and WH Smith on Wednesday. HIGHLIGHTS * Ashtead Group Plc AHT.L : Panmure Liberum raises PT to 6900p from 6333p * Genuit Group Plc GENG.L : RBC cuts target price to 505p from 515p * Imperial Brands IMB.L : RBC raises target price to 2,100p from 2,000p * Morgan Sindall MGNS.L : Panmu
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Italy - Factors to watch on Nov. 20

Italy - Factors to watch on Nov. 20 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY Italian ruling-coalition lawmakers are urging the government to scale back plans to increase taxes on cryptocurrency capital gains and expand the number of firms forced to pay a digital tax, a parliamentar
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Stifel starts Buzzi with 'hold' awaiting progress on decarbonisation

BUZZ-Stifel starts Buzzi with 'hold' awaiting progress on decarbonisation ** Stifel starts Buzzi with "hold" as it says further upsides are connected to the ability of the group to bring down more markedly its carbon footprint ** The Italian construction group's carbon footprint of 4,368 tons for 1 million euros ($1.06 million) of revenue is of one of the highest of the sector, it says ** Buzzi is "one of the best operators in the sector", its trading is resilient and has potential for upside su
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Allianz SE, Just Group, Zurich Insurance

EUROPE RESEARCH ROUNDUP-Allianz SE, Just Group, Zurich Insurance Nov 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Allianz SE, Just Group and Zurich Insurance Group, on Tuesday. HIGHLIGHTS * Allianz SE ALVG.DE : HSBC raises target price to EUR 350 from EUR 335 * Bayer AG BAYGn.DE : Berenberg cuts target price to EUR 22 from EUR 28 * Just Group JUSTJ.L : JP Morgan raises target price to 200p from 190p * Young & Co'S Brewery Plc
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4Imprint, Admiral Group, Prudential

EUROPE RESEARCH ROUNDUP-4Imprint, Admiral Group, Prudential Nov 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including 4Imprint, Admiral Group and Prudential, on Monday. HIGHLIGHTS * 4Imprint FOUR.L : HSBC cuts target price to 5830p from 6370p * Admiral Group Plc ADML.L : Barclays raises target price to 3326p from 3157p * Intermediate Capital Group Plc ICGIN.L : Citigroup raises PT to 2660p from 2610p * Prudential Plc PRU.L : Barclays
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Berenberg cuts Buzzi to 'hold' after stock rally

BUZZ-Berenberg cuts Buzzi to 'hold' after stock rally ** Berenberg cuts Italy's Buzzi BZU.MI to "hold" from "buy", saying that the cement maker is poised to continue growing but its recent stock rally means most of its valuation argument has played out ** It lifts Buzzi's PT 5% to 42 euros ($44.28) vs Friday's closing price of 41.94 euros, up 52% Y
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Italy - Factors to watch on Nov. 18

Italy - Factors to watch on Nov. 18 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Voting ends at 1400 GMT for local elections in the northern region of Emilia Romagna and the central region of Umbria.
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European cement makers jump on hopes for Trump infrastructure spending

BUZZ-European cement makers jump on hopes for Trump infrastructure spending ** European cement makers and building materials producers shares rise as the market reacts to a projected Donald Trump win in the U.S. presidential elections ** "Trump's victory suggests more focus on aggressive fiscal policy, including infrastructure spending, therefore beneficiaries are cement producers who sell precisely for construction and infrastructure spending," says Kepler Cheuvreux analyst Matteo Bonizzoni **
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Elisa, Nexus, Telia

EUROPE RESEARCH ROUNDUP-Elisa, Nexus, Telia Nov 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Elisa, Nexus and Telia on Wednesday. HIGHLIGHTS * Elisa Oyj ELISA.HE : Barclays raises to overweight from underweight * Inficon Holding AG IFCN.S : Berenberg raises to buy from hold * Nexus AG NXUG.DE : Stifel cuts to hold from buy * Telenor ASA TEL.OL : Barclays cuts to equal weight from overweight * Telia TELIA.ST : Barclays cuts to u
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Italian construction group Buzzi's nine-month sales drop 2.5%

Italian construction group Buzzi's nine-month sales drop 2.5% Nov 5 (Reuters) - Italian construction group Buzzi's BZU.MI like-for-like sales in the first nine months of the year dropped 2.5% to 3.18 billion euros ($3.46 billion) on demand weakness in Central Europe and a prolonged slowdown in Italy and the United States, it said on Tuesday. Ready-mix concrete sales were down 7.6% and cement sales dropped by 6.4%.
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Buzzi 9M Net Sales EUR 3.18 Bln

BRIEF-Buzzi 9M Net Sales EUR 3.18 Bln Nov 5 (Reuters) - Buzzi SpA BZU.MI : 9M NET SALES EUR 3.18 BILLION NET FINANCIAL POSITION AT SEPT END AT EUR 1 BILLION SEES FOR 2024 RECURRING EBITDA SIMILAR BUT NOT GREATER THAN 2023 LEVEL, NET OF CHANGES IN SCOPE OF CONSOLIDATION Further company coverage: BZU.MI (Gdansk Newsroom)
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Anglo American, Munich Re, Stora Enso Oyj

EUROPE RESEARCH ROUNDUP-Anglo American, Munich Re, Stora Enso Oyj Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Munich Re and Stora Enso Oyj , on Friday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2150p from 2200p * Brooks MacDonald Group Plc BRK.L : Peel Hunt cuts to add from buy * DSV DSV.CO : HSBC raises to buy from hold * Munich Re MUVGn.DE : Berenberg cuts to hold for buy * Stora
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Italy's Buzzi concludes sale of assets in Ukraine to CRH for $100 million

Italy's Buzzi concludes sale of assets in Ukraine to CRH for $100 million Oct 14 (Reuters) - Italian construction group Buzzi BZU.MI has finalised the sale of its assets in Ukraine to Dublin-based group CRH, the company said in a statement on Monday, following the go-ahead from the country's competition watchdog in September. The sale, which was initially agreed in June 2023 and whose completion was pending regulatory approval due to concerns raised by Ukraine's Antimonopoly Committee, is worth
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Buzzi Completes Sale Of Operations In Ukraine

BRIEF-Buzzi Completes Sale Of Operations In Ukraine Oct 14 (Reuters) - Buzzi SpA BZU.MI : COMPLETES SALE OF OPERATIONS IN UKRAINE SALE VALUE IS EUR 0.1 BILLION Further company coverage: BZU.MI (Gdansk Newsroom)
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Buzzi Completes Acquisition Of NCPAR For Around EUR 300.0 Mln

BRIEF-Buzzi Completes Acquisition Of NCPAR For Around EUR 300.0 Mln Oct 3 (Reuters) - Buzzi SpA BZU.MI : COMPLETES ACQUISITION OF NCPAR FOR AROUND EUR 300.0 MILLION Further company coverage: BZU.MI (Gdansk Newsroom)
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DB starts Italy's Buzzi with 'buy' on strong balance sheet

BUZZ-DB starts Italy's Buzzi with 'buy' on strong balance sheet ** Deutsche Bank initiates Italy's Buzzi BZU.MI with "buy" saying it expects the cement maker's balance sheet to remain strong, with significant scope for expansion ** It sees scope for M&A, capex or enhanced shareholder returns despite a 520 mln euro ($576 mln) net impact resulting fr
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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