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Pearson, Softcat, Trelleborg

EUROPE RESEARCH ROUNDUP- Pearson, Softcat, Trelleborg July 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Pearson, Softcat and Trelleborg, on Friday. HIGHLIGHTS * Aker BP ASA AKRBP.OL : Jefferies cuts target price to NOK 340 from NOK 345 * GSK GSK.L : Citigroup cuts target price to 1900p from 2120p * Pearson PSON.L : Deutsche Bank raises target price to 1052p from 1050p * Softcat Plc SCTS.L : Jefferies cuts target price to 1,490p
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Bunzl, Relx, Rolls-Royce

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p
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Admiral, Maersk, Raspberry PI

EUROPE RESEARCH ROUNDUP-Admiral, Maersk, Raspberry PI June 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Maersk and Raspberry, on Tuesday. HIGHLIGHTS * Admiral ADML.L : Berenberg raises to buy from hold; raises PT to 3,127p from 2,973p * Direct Line Insurance DLGD.L : Berenberg cuts to hold from buy * IMI Plc IMI.L : JP Morgan raises target price to 2,200p from 1,850p * Maersk MAERSKb.CO : Morgan Stanley raises target
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Huhtamaki, Ryanair and Wizz Air

EUROPE RESEARCH ROUNDUP-Huhtamaki, Ryanair and Wizz Air June 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Huhtamaki, Ryanair and Wizz Air, on Friday. HIGHLIGHTS * B&M European Value Retail BMEB.L : Morgan Stanley cuts to underweight from equal weight * Huhtamaki HUH1V.HE : Barclays raises to overweight from equal-weight * Ryanair RYA.I : Barclays cuts to equal-weight from overweight * Wizz Air WIZZ.L : Barclays cuts to underw
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ABB, Klepierre, Ryanair

EUROPE RESEARCH ROUNDUP-ABB, Klepierre, Ryanair June 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB, Klepierre and Ryanair, on Thursday. HIGHLIGHTS * ABB Ltd ABBN.S : Citigroup cuts to neutral from buy * ASM International NV ASMI.AS : Morgan Stanley raises to overweight from equal weight * Deutsche Lufthansa AG LHAG.DE : Stifel cuts to hold from buy * Klepierre LOIM.PA : HSBC raises to buy from hold * Ryanair RYA.I : UBS cu
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Berenberg starts 'recession-proof' NKT with 'hold'

BUZZ-Berenberg starts 'recession-proof' NKT with 'hold' ** Berenberg initiates cable solutions provider NKT NKT.CO with "hold" and says the Danish company is "recession-proof" due to revenue contribution from high-voltage cables, but lacks an upside ** The brokerage sees NKT's revenue from high-voltage cables doubling by 2028 and expects operationa
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Nexans Completes Acquisition Of La Triveneta Cavi

BRIEF-Nexans Completes Acquisition Of La Triveneta Cavi June 6 (Reuters) - Nexans SA NEXS.PA : NEXANS COMPLETES ACQUISITION OF LA TRIVENETA CAVI, EXPANDING EUROPEAN REACH ENTERPRISE VALUE OF AROUND 520 MILLION EUROS REPRESENTS A MULTIPLE OF 5.6X 2023 EBITDA PRE-SYNERGIES AND 4.6X POST RUN RATE SYNERGIES IT WILL BE HIGH-SINGLE-DIGIT ACCRETIVE TO EAR
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Nexans Completes EUR 575 Million Bond Issuance

BRIEF-Nexans Completes EUR 575 Million Bond Issuance May 29 (Reuters) - Nexans SA NEXS.PA : NEXANS SUCCESSFULLY COMPLETES A EUR 575 MLN BOND ISSUANCE A 5-YEAR MATURITY AND AN ANNUAL INTEREST RATE OF 4.125% WILL BE USED TO FINANCE ACQUISITION SUBJECT TO REGULATORY APPROVALS OF LA TRIVENETA CAVI Source text for Workspace: ID:nGNE83TbrM Further compan
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$992 mln UK lawsuit against European power cable groups gets go-ahead

$992 mln UK lawsuit against European power cable groups gets go-ahead LONDON, May 3 (Reuters) - A 790 million-pound ($992 million) mass lawsuit against major European power cable suppliers over claims a cartel led to inflated electricity charges for British consumers can proceed to trial, a London tribunal has ruled. The case seeking damages from Italy's Prysmian, France's Nexans and Denmark's NKT for around 30 million consumers in Britain was certified by the Competition Appeal Tribunal (CAT) l
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Barclays initiates Nexans with 'underweight' rating, shares drop

BUZZ-Barclays initiates Nexans with 'underweight' rating, shares drop ** Barclays initiates Nexans NEXS.PA with "cautious" "underweight" rating and sets target price at 94 euros ** The shares lost 2.1% to 99.5 euros at 0815 GMT ** The broker cited multiple headwinds in the energy and telecom infrastructure cable provider, keeping Barclays "cautious
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Nexans Q1 Standard Sales Rise To EUR 1.69 Billion

BRIEF-Nexans Q1 Standard Sales Rise To EUR 1.69 Billion April 24 (Reuters) - Nexans SA NEXS.PA : Q1 STANDARD SALES OF EUR 1.69 BILLION, UP +2.8% ORGANICALLY YEAR-ON-YEAR AND UP +4.7% EXCLUDING OTHER ACTIVITIES FULL-YEAR 2024 GUIDANCE CONFIRMED IS CONFIRMING ITS 2024 CAPITAL MARKETS DAY TARGETS CAPITAL MARKETS DAY TO BE HELD ON NOVEMBER 13, 2024 Sou
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Jefferies sees 'new era of growth' for cable manufacturers

BUZZ-Jefferies sees 'new era of growth' for cable manufacturers ** Jefferies sees "a new era of growth" for cable manufacturers, driven by renewable energy penetration and power grind expansion and modernization ** The broker expects significant growth in high and medium voltage markets, and a turnaround in low voltage and telecom markets ** It initiates Nexans SA NEXS.PA with "buy" rating, noting that the company is "the only player with some capacity slots available this decade" ** It starts P
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