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

Airtel Africa, Serica Energy, Volkswagen



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>EUROPE RESEARCH ROUNDUP- Airtel Africa, Serica Energy, Volkswagen</title></head><body>

Sept 4 (Reuters) -Securities analysts revised their ratings and price targets on several European companies, including Airtel Africa, Serica Energy and Volkswagen, on Wednesday.


HIGHLIGHTS


* Airtel Africa AAF.L: JP Morgan cuts to neutral from overweight

* Serica Energy Plc SQZ.L: Jefferies cuts target price to 185p from 225p

* Volkswagen AG VOWG_p.DE: Citigroup cuts target price to EUR 137 from EUR 140

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


* Airtel Africa AAF.L: JP Morgan cuts to neutral from overweight

* Airtel Africa AAF.L: JP Morgan cuts target price to 121p from 139p

* Aixtron SE AIXGn.DE: Jefferies cuts target price to EUR 27 from EUR 35

* Argan SA ARGAN.PA: Jefferies raises to buy from hold; raises PT to EUR 90 from EUR 78

* ASR Nederland NV ASRNL.AS: HSBC cuts target price to EUR 51.5 from EUR 53

* Barry Callebaut AG BARN.S: JP Morgan initiates with neutral rating; PT CHF 1,600

* BMO Commercial Property BCPT.L: Peel Hunt raises target price to 95p from 90p

* Bossard Holding AG BOS.S: Berenberg raises target price to CHF 269 from CHF 260

* Carmat ALCAR.PA: H.C. Wainwright cuts target price to EUR 6 from EUR 17

* Centrica CNA.L: HSBC cuts target price to 145p from 180p

* Centrica CNA.L: HSBC cuts to hold from buy

* Ctp NV CTPNV.AS: Jefferies raises target price to EUR 20 from EUR 18

* DEME DEME.BR: Berenberg cuts target price to EUR 180 from EUR 185

* Elekta AB EKTAb.ST: Jefferies cuts target price to SEK 76 from SEK 85

* Enquest Plc ENQ.L: Jefferies cuts target price to 14p from 17p

* Inditex ITX.MC: HSBC raises target price to EUR 55 from EUR 53

* Johnson Service Group Plc JSG.L: RBC raises target price to 165p from 155p

* Jost Werke SE JST.DE: Berenberg initiates coverage with buy rating; target EUR 55

* Lindt & Spruengli LISN.S: JP Morgan initiates with underweight rating; PT CHF 90,000

* Lindt & Spruengli LISP.S: JP Morgan initiates with underweight rating; PT CHF 9,000

* Mersen SA CBLP.PA: Berenberg cuts target price to EUR 41 from EUR 45

* Mobico Group Plc MCG.L: Jefferies raises target price to 90p from 80p

* Oxford Nanopore Technologies Plc ONT.L: Piper Sandler cuts target to 160p from 190p

* Recticel NV RECT.BR: Berenberg raises target price to EUR 14.5 from EUR 13.5

* Serica Energy Plc SQZ.L: Jefferies cuts target price to 185p from 225p

* Sopra Steria Group SA SOPR.PA: Berenberg cuts target price to EUR 232 from EUR 238

* Vestas VWS.CO: Citigroup cuts target price to DKK 280 from DKK 300

* Volkswagen AG VOWG_p.DE: Citigroup cuts target price to EUR 137 from EUR 140

* WDP WDPP.BR: Jefferies cuts target price to EUR 21 from EUR 22


(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.