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JPM cuts ArcelorMittal and Salzgitter as EMEA metal stocks face near-term risks

BUZZ-JPM cuts ArcelorMittal and Salzgitter as EMEA metal stocks face near-term risks ** J.P.Morgan recommends reducing EMEA metals exposure in the near-term to mitigate trade and tariff-related risks ahead of the U.S. presidential election on Nov. 5 ** It says increased protectionism if Donald Trump wins the election could benefit firms with U.S. p
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ArcelorMittal, Barratt Redrow, Croda

EUROPE RESEARCH ROUNDUP-ArcelorMittal, Barratt Redrow, Croda Oct 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ArcelorMittal , Barratt Redrow and Croda on Friday. HIGHLIGHTS * ArcelorMittal SA MT.AS : JP Morgan cuts to neutral from overweight * Barratt Redrow Plc BTRW.L : Citigroup cuts target price to 600p from 615p * Croda CRDA.L : JP Morgan cuts target price to 3875p from 4200p * Jet2 Plc JET2.L : Morgan Stanley raises targe
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Adidas, Harbour Energy, LSE

EUROPE RESEARCH ROUNDUP-Adidas, Harbour Energy, LSE Sept 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Harbour Energy and LSE, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : Baird raises target price to EUR 260 from EUR 255 * Diploma Plc DPLM.L : Peel Hunt raises PT to 5,100p from 3,600p * Harbour Energy Plc HBR.L : Jefferies cuts target price to 360p from 400p * LSE LSEG.L : JP Morgan raises target price to 11,600p from
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SSAB Signs LoI With Smith Stål From Norway On Future Deliveries Of Fossil-Free Steel

BRIEF-SSAB Signs LoI With Smith Stål From Norway On Future Deliveries Of Fossil-Free Steel Sept 30 (Reuters) - SSAB AB SSABa.ST : SIGNS LETTER OF INTENT WITH SMITH STÅL FROM NORWAY ON FUTURE DELIVERIES OF FOSSIL-FREE STEEL Further company coverage: [SSABa.ST] (Gdansk Newsroom)
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SSAB, Framery Begin Partnership In Fossil-Free Steel For Office Pods

BRIEF-SSAB, Framery Begin Partnership In Fossil-Free Steel For Office Pods Sept 24 (Reuters) - SSAB AB SSABa.ST : SSAB AND FRAMERY BEGIN PARTNERSHIP IN FOSSIL-FREE STEEL FOR OFFICE PODS Source text for Eikon: ID:nWkr8wY551 Further company coverage: [SSABa.ST] (Gdansk Newsroom)
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European metal and mining groups jump as China unveils stimulus

BUZZ-European metal and mining groups jump as China unveils stimulus ** Shares in European metal and mining groups rise after China's central bank announced monetary stimulus and market support measures to spur slowing economic growth ** The pan-European basic resources index .SXPP is up 4.3% to its highest since early August ** Anglo American AAL.
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ASOS, JTC, London Stock Exchange

EUROPE RESEARCH ROUNDUP-ASOS, JTC, London Stock Exchange Sept 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ASOS, JTC and London Stock Exchange, on Thursday. HIGHLIGHTS * ASOS Plc ASOS.L : HSBC cuts to reduce from hold * JTC Plc JTC.L : RBC raises target price to 1,100p from 980p * London Stock Exchange LSEG.L : HSBC raises target price to 10,000p from 9,400p * Nordic Semiconductor ASA NOD.OL : Barclays cuts target price to NOK
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SSAB And Meka Pro Sign Agreement On Supply Of Fossil-Free Steel

BRIEF-SSAB And Meka Pro Sign Agreement On Supply Of Fossil-Free Steel Sept 18 (Reuters) - SSAB AB SSABa.ST : SSAB AND MEKA PRO OY SIGN AGREEMENT ON THE SUPPLY OF FOSSIL-FREE STEEL Source text for Eikon: ID:nWkr3zVMGK Further company coverage: [SSABa.ST] (Gdansk Newsroom)
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SSAB Appoints Johnny Sjöström As New CEO

BRIEF-SSAB Appoints Johnny Sjöström As New CEO Aug 29 (Reuters) - SSAB AB SSABa.ST : JOHNNY SJÖSTRÖM NEW PRESIDENT AND CEO OF SSAB JOHNNY SJÖSTRÖM WILL START HIS NEW POSITION ON OCTOBER 28, 2024, SUCCEEDING MARTIN LINDQVIST MARTIN LINDQVIST WILL REMAIN PRESIDENT AND CEO UNTIL OCTOBER 27, 2024. Source text for Eikon: ID:nWkrc2BsnL Further comp
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Steelmaker SSAB appoints insider as new CEO

UPDATE 1-Steelmaker SSAB appoints insider as new CEO Adds detail in paragraphs 2-3 COPENHAGEN, Aug 29 (Reuters) - Swedish steelmaker SSAB SSABa.ST said on Thursday it had appointed company insider Johnny Sjostrom as its new CEO. Sjostrom is currently head of the company's business for special steels and will take up the new position on Oct 28. He replaces Martin Lindqvist who in April said he would step down after 13 years in charge to focus on board assignments and advisory roles.
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Steelmaker SSAB picks Johnny Sjostrom as new CEO

Steelmaker SSAB picks Johnny Sjostrom as new CEO COPENHAGEN, Aug 29 (Reuters) - Swedish steelmaker SSAB SSABa.ST said on Thursday it had appointed company insider Johnny Sjostrom as its new CEO. Reporting by Stine Jacobsen, editing by Terje Solsvik
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SSAB: HYBRIT Initiative Presents Results Of Research

BRIEF-SSAB: HYBRIT Initiative Presents Results Of Research Aug 27 (Reuters) - SSAB AB SSABa.ST : HYBRIT INITIATIVE PRESENTS RESULTS OF SIX YEARS OF RESEARCH IN FINAL REPORT TO SWEDISH ENERGY AGENCY REPORT SHOWS DIRECT REDUCED IRON PRODUCED WITH HYBRIT PROCESS HAS SUPERIOR CHARACTERISTICS COMPARED TO IRON PRODUCED WITH FOSSIL FUELS PROJECT IS NOW CO
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AB Foods, Bunzl, Barratt

EUROPE RESEARCH ROUNDUP- AB Foods, Bunzl, Barratt Aug 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AB Foods, Bunzl and Barratt on Tuesday. HIGHLIGHTS * AB Foods ABF.L : Deutsche Bank cuts to sell from hold * Bunzl BNZL.L : JP Morgan raises target price to 3,660p from 3,380p * Barratt BDEV.L : Morgan Stanley resumes coverage with equal-weight rating * Continental AG CONG.DE : UBS raises to buy from neutral * Schindler Holding
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Citi says weak Q3 for European steel already priced in by consensus

BUZZ-Citi says weak Q3 for European steel already priced in by consensus ** Citi sees earnings weakness in the seasonally soft Q3 for European steel, but expects that to already be taken into consideration by consensus estimates ** It points out that European steel prices have remained resilient amid falling raw material prices, leading to small recovery in spot steel margins ** The brokerage sees recovery in spreads as a "precursor to steel market recovery", which could potentially firm up late
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Admiral, Capgemini, Zurich Insurance Group

EUROPE RESEARCH ROUNDUP- Admiral, Capgemini, Zurich Insurance Group Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Capgemini and Zurich Insurance Group, on Thursday. HIGHLIGHTS * Admiral ADML.L : Jefferies raises to hold from underperform * Capgemini CAPP.PA : Jefferies cuts target price to EUR 185 from EUR 195 * Glenveagh Properties Plc GLV.I : Jefferies raises to buy from hold * Orsted ORSTED.CO : Deutsche Bank c
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Ruukki Construction To Deliver Logistics Center In Tampere

BRIEF-Ruukki Construction To Deliver Logistics Center In Tampere Aug 14 (Reuters) - SSAB AB SSABa.ST : RUUKKI CONSTRUCTION SIGNED AN AGREEMENT WITH REAL ESTATE INVESTOR NREP'S LOGISTICS ARM LOGICENTERS TO DELIVER A UNIQUE LOGISTICS CENTER IN TAMPERE RUUKKI TO SUPPLY SANDWICH PANELS AND DESIGN PROFILES THE 30,000 M2 PROPERTY WILL FEATURE ABOUT 10,00
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Outokumpu beats Q2 core profit estimates, warns 'difficult' Europe environment

UPDATE 2-Outokumpu beats Q2 core profit estimates, warns 'difficult' Europe environment Rewrites with Europe outlook, add details on unit performance and outlook, context on rivals By Jagoda Darlak Aug 8 (Reuters) - Finland's Outokumpu OUT1V.HE on Thursday reported second-quarter core profit above expectations, citing normalized operations after a strike earlier this year, but warned that the operating environment in Europe remains difficult.
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Eurofer cuts European steel forecasts as demand recovery lags

UPDATE 1-Eurofer cuts European steel forecasts as demand recovery lags Adds detail and quotes By Matteo Allievi July 25 (Reuters) - The European steel market recovery this year and next is likely to be weaker than previously expected, industry group Eurofer said on Thursday, downgrading its outlook for a third time this year on faltering demand. Axel Eggert, general director of Eurofer, said that the impact from reduced consumer demand on the sector's finances threatens its investment capability
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Ascential Plc, Oxford Instruments, Reckitt Benckiser

EUROPE RESEARCH ROUNDUP-Ascential Plc, Oxford Instruments, Reckitt Benckiser July 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ascential Plc, Oxford Instruments and Reckitt Benckiser, on Thursday. HIGHLIGHTS * Ascential Plc ASCL.L : HSBC raises target price to 568p from 370p * Oxford Instruments OXIG.L : HSBC raises target price to 2850p from 2500p * Reckitt Benckiser RKT.L : HSBC cuts target price to 4800p from 4900p * RS Gr
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SSAB warns of slower than usual Q3, shares slump

BUZZ-SSAB warns of slower than usual Q3, shares slump ** Shares in SSAB SSABa.ST fall 5.4% after the Swedish steelmaker posted second-quarter operating profit below market estimates and warned of a steeper demand decline in Q3 ** "The seasonal downturn during the third quarter is assessed to be more pronounced than normal," the company says ** SSAB, which experienced lower U.S.
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