EUROPE RESEARCH ROUNDUP-Balder, Britvic, Klarabo

Reuters
2023.09.26 13:04

Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Balder, Britvic and Klarabo, on Tuesday.

Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Balder, Britvic and Klarabo, on Tuesday.

HIGHLIGHTS

  • Balder (BALDb.ST) : Handelsbanken cuts to underperform from market perform

  • Britvic Plc (BVIC.L) : Peel Hunt raises to buy from hold

  • Heba Fastighets (HEBAb.ST) : Handelsbanken cuts to underperform from market perform

  • Klarabo (KLARAb.ST) : Handelsbanken raises to outperform from market perform

  • Siltronic AG (WAFGn.DE) : Stifel raises to buy from hold

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

  • Aalberts NV (AALB.AS) : ING cuts target price to EUR 40 from EUR 44.5

  • Alphawave Semi (AWE.L) : Barclays cuts target price to 180p from 185p

  • Anglo American (AAL.L) : Bernstein raises target price to 2620p from 2540p

  • Antofagasta (ANTO.L) : Bernstein cuts target price to 1420p from 1430p

  • Aperam SA (APAM.AS) : ING cuts target price to EUR 35 from EUR 43

  • Argenx SE (ARGX.BR) : Barclays raises target price to EUR 540 from EUR 520

  • Ascential (ASCL.L) : Citigroup raises target price to GBP 3.70 from GBP 3.60

  • Asos Plc (ASOS.L) : JP Morgan cuts target price to 500p from 550p

  • Assa Abloy (ASSAb.ST) : Deutsche Bank raises target price to SEK 255 from SEK 250

  • Atrium Ljungberg (ATRLJb.ST) : Handelsbanken cuts short-term recommendation to sell from hold

  • Atrium Ljungberg (ATRLJb.ST) : Handelsbanken cuts target price to SEK 200 from SEK 225

  • Balder (BALDb.ST) : Handelsbanken cuts to underperform from market perform

  • Bankinter SA (BKT.MC) : Citigroup raises target price to EUR 8.50 from EUR 7.90

  • Barclays (BARC.L) : Morgan Stanley ups to overweight from equal-weight

  • Barclays (BARC.L) : Morgan Stanley lifts target to 230 pence from 190; shares up 2.9%

  • Barratt (BDEV.L) : Jefferies cuts target price to 483p from 492p

  • Barratt (BDEV.L) : RBC starts with sector perform rating; 550p target price

  • BBVA (BBVA.MC) : Citigroup raises price target to EUR 10.5 from EUR 10

  • Bellway Plc (BWY.L) : RBC starts with outperform rating; 3500p target price

  • Benevolentai SA (BAI.AS) : JP Morgan cuts target price to EUR 1 from EUR 1.60

  • Berkeley Group (BKGH.L) : RBC starts with sector perform rating; 4950p target price

  • Boliden AB (BOL.ST) : Bernstein raises target price to SEK 329 from SEK 324

  • Britvic Plc (BVIC.L) : Peel Hunt raises target price to 1000p from 920p

  • Britvic Plc (BVIC.L) : Peel Hunt raises to buy from hold

  • Burberry (BRBY.L) : Morgan Stanley cuts target price to 2200p from 2400p

  • Burberry Group (BRBY.L) : Deutsche Bank cuts target price to 2200p from 2240p

  • Bushveld Minerals Ltd (BMNB.L) : RBC cuts target price to 3p from 5p

  • Centrica (CNA.L) : Liberum initiates with sell rating, target price to 150p

  • Compagnie Financiere Richemont SA (CFR.S) : Morgan Stanley cuts PT to CHF 138 from CHF 180

  • Compagnie Financiere Richemont SA (CFR.S) : Morgan Stanley cuts to equal-weight from overweight

  • Crest Nicholson Holdings Plc (CRST.L) : RBC starts with underperform rating; 205p PT

  • Drax Group Plc (DRX.L) : Citigroup cuts target price to GBP 4.74 from GBP 6.28

  • Emmerson Plc (EML.L) : Liberum raises target price to 11.9p from 11.8p

  • Entain (ENT.L) : JP Morgan cuts target price to 1800p from 2200p

  • Entain Plc (ENT.L) : Deutsche Bank cuts target price to 1626p from 1745p

  • Fnac Darty (FNAC.PA) : HSBC cuts target price to EUR 26 from EUR 36

  • Generali (GASI.MI) : HSBC raises target price to EUR 21 from EUR 19

  • Glencore (GLEN.L) : Bernstein cuts target price to 595p from 605p

  • Heba Fastighets (HEBAb.ST) : Handelsbanken cuts target price to SEK 30 from SEK 35

  • Heba Fastighets (HEBAb.ST) : Handelsbanken cuts to underperform from market perform

  • Hermes (HRMS.PA) : Morgan Stanley cuts target price to EUR 2000 from EUR 2080

  • Hugo Boss AG (BOSSn.DE) : Morgan Stanley cuts target price to EUR 80 from EUR 85

  • Imperial Brands Plc (IMB.L) : Barclays cuts target price to 2400p from 2500p

  • Inwit (INWT.MI) : Barclays raises target price to EUR 13.7 from EUR 13.5

  • John Mattson (JOMA.ST) : Handelsbanken cuts short-term recommendation to sell from hold

  • Johnson Matthey (JMAT.L) : Citigroup cuts target price to GBP 18.20 from GBP 19.50

  • Johnson Matthey (JMAT.L) : Jefferies cuts target price to 2100p from 2200p

  • Kering (PRTP.PA) : Morgan Stanley cuts target price to EUR 520 from EUR 580

  • Klarabo (KLARAb.ST) : Handelsbanken cuts target price to SEK 18 from SEK 19

  • Klarabo (KLARAb.ST) : Handelsbanken raises to outperform from market perform

  • Lanxess AG (LXSG.DE) : Jefferies cuts target price to EUR 26 from EUR 28

  • LVMH (LVMH.PA) : Morgan Stanley cuts target price to EUR 900 from EUR 1020

  • LVMH (LVMH.PA) : Stifel cuts target price to EUR 850 from EUR 950

  • Mithra Pharmaceuticals (MITRA.BR) : Portzamparc cuts PT to EUR 3,600 from EUR 3,800; buy

  • Mj Gleeson Plc (GLEG.L) : RBC starts with outperform rating; 575p target price

  • Moncler (MONC.MI) : Citigroup cuts target price to EUR 71.50 from EUR 77.50

  • Moncler (MONC.MI) : Morgan Stanley cuts target price to EUR 64 from EUR 69

  • Next 15 Group Plc (NFGN.L) : Peel Hunt cuts target price to 1,100p from 1,440p

  • Persimmon (PSN.L) : Jefferies cuts target price to 1201p from 1250p

  • Persimmon (PSN.L) : RBC starts with sector perform rating; 1300p target price

  • Portobello (PORTO.MI) : Midcap Partners cuts target to EUR 21.9 from EUR 65.9; rating buy

  • Recticel NV (RECT.BR) : ING cuts target price to EUR 15 from EUR 16.5

  • Redrow Plc (RDW.L) : Jefferies cuts target price to 635p from 643p

  • Redrow Plc (RDW.L) : RBC starts with outperform rating; 825p target price

  • Siegfried Holding AG (SFZN.S) : RBC raises target price to CHF 800 from CHF 640

  • Siemens Healthineers AG (SHLG.DE) : Stifel cuts target price to EUR 53 from EUR 55

  • Siemens Healthineers AG (SHLG.DE) : UBS cuts target price to EUR 55 from EUR 57

  • Siltronic AG (WAFGn.DE) : Stifel raises target price to EUR 111 from EUR 80

  • Siltronic AG (WAFGn.DE) : Stifel raises to buy from hold

  • Smiths Group (SMIN.L) : JP Morgan raises target price to 1980p from 1920p

  • Stendorren (STEFb.ST) : Handelsbanken cuts target price to SEK 210 from SEK 250

  • Stendorren (STEFb.ST) : Handelsbanken raises short-term recommendation to buy from hold

  • Stratec (SBSG.DE) : Deutsche Bank cuts target price to EUR 55 from EUR 59

  • Supreme Plc (SUP.L) : Berenberg raises target price to 205p from 190p

  • Swatch Group AG (UHR.S) : Morgan Stanley cuts target price to CHF 275 from CHF 340

  • Symrise AG (SY1G.DE) : JP Morgan cuts target price to EUR 107 from EUR 113

  • Taylor Wimpey (TW.L) : RBC starts with sector perform rating; 145p target price

  • Tod’s SpA (TOD.MI) : Morgan Stanley cuts target price to EUR 30 from EUR 34

  • Trianon (TRIANb.ST) : Handelsbanken raises short-term recommendation to buy from hold

  • Unilever (ULVR.DE) : Berenberg cuts target price to EUR 59.30 from EUR 61.40

  • Unilever (ULVR.L) : Berenberg cuts target price to GBP 51.60 from GBP 52.90

  • Vistry Group Plc (VTYV.L) : Jefferies raises target price to 1231p from 923p

  • Vistry Group Plc (VTYV.L) : RBC starts with underperform rating; 875p target price

  • Wallenstam (WALLb.ST) : Handelsbanken cuts target price to SEK 40 from SEK 50

  • Wallenstam (WALLb.ST) : Handelsbanken cuts to underperform from market perform

(Compiled by Bengaluru Newsroom)

Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.