EUROPE RESEARCH ROUNDUP-Danske Bank, HSBC Holdings, IAG
Feb 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, HSBC Holdings and IAG, on Monday.
HIGHLIGHTS
* DR ING HC F Porsche AG P911_p.DE: Kepler Cheuvreux cuts to hold from buy |
* Danske Bank DANSKE.CO: Jefferies raises target price to DKK 234 from DKK 229 |
* HSBC Holdings Plc HSBA.L: Barclays raises target price to 940p from 820p |
* IAG ICAG.L: Goldman Sachs cuts to neutral from buy |
* Victrex Plc VCTX.L: Deutsche Bank raises to buy from hold |
Following is a summary of research actions on European companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* ABB ABBN.S: HSBC raises target price to CHF 48 from CHF 47 |
* Adecco ADEN.S: Deutsche Bank cuts target price to CHF 25 from CHF 36 |
* Adecco ADEN.S: Deutsche Bank cuts to hold from buy |
* Airtel Africa Plc AAF.L: Deutsche Bank raises PT to 240p from 155p |
* Allfunds Group Plc ALLFG.AS: Barclays cuts target price to EUR 8.30 from EUR 8.50 |
* Aperam APAM.AS: Barclays cuts target price to EUR 27 from EUR 28 |
* Asmodee Group ASMDEEb.ST: Bernstein initiates coverage with market perform rating; PT SEK 100 |
* Aurubis AG NAFG.DE: Morgan Stanley raises target price to EUR 81 from EUR 79 |
* Banco De Sabadell SA SABE.MC: Barclays raises target price to EUR 2.30 from EUR 2 |
* Bankinter BKT.MC: HSBC raises target price to EUR 8.90 from EUR 8.30 |
* Bat BATS.L: Citigroup raises target price to 3,600p from 3,200p |
* Big Yellow Group Plc BYG.L: Morgan Stanley cuts target price to 1,175p from 1,325p |
* Carlsberg CARLb.CO: Morgan Stanley raises target price to DKK 910 from DKK 900 |
* Credem EMBI.MI: Barclays raises target price to EUR 11.70 from EUR 11 |
* Crest Nicholson CRST.L: Deutsche Bank cuts target price to 228p from 255p |
* Danske Bank DANSKE.CO: Barclays raises target price to DKK 182 from DKK 174 |
* Danske Bank DANSKE.CO: Jefferies raises target price to DKK 234 from DKK 229 |
* Danske Bank DANSKE.CO: UBS raises target price to DKK 255 from DKK 244 |
* Dormakaba Holding AG DOKA.S: UBS raises target price to CHF 650 from CHF 590 |
* DR ING HC F Porsche AG P911_p.DE: Berenberg cuts target price to EUR 62 from EUR 75 |
* DR ING HC F Porsche AG P911_p.DE: Berenberg cuts to hold from buy |
* DR ING HC F Porsche AG P911_p.DE: Deutsche Bank cuts PT to EUR 70 from EUR 80 |
* DR ING HC F Porsche AG P911_p.DE: Kepler Cheuvreux cuts PT to EUR 61 from EUR 71 |
* DR ING HC F Porsche AG P911_p.DE: Kepler Cheuvreux cuts to hold from buy |
* DR ING HC F Porsche AG P911_p.DE: UBS cuts target price to EUR 55 from EUR 61 |
* Drax Group Plc DRX.L: JP Morgan raises target price to 900p from 850p |
* Embracer EMBRACb.ST: Wedbush cuts target price to SEK 174 from SEK 240 |
* Ferrari RACE.MI: Jefferies raises target price to EUR 420 from EUR 400 |
* Fevertree Drinks FEVR.L: Deutsche Bank cuts target price to 800p from 1,325p |
* Fevertree Drinks FEVR.L: Deutsche Bank cuts to hold from buy |
* GN Store Nord GN.CO: Jefferies cuts target price to DKK 185 from DKK 220 |
* GTT GTT.PA: Portzamparc cuts to hold from buy; raises PT to EUR 152 from EUR 150 |
* Hexagon HEXAb.ST: Berenberg raises target price to SEK 115 from SEK 105 |
* Hoist Finance AB (Publ) HOFI.ST: Kepler Cheuvreux raises PT to SEK 99 from SEK 105 |
* Hoist Finance AB (Publ) HOFI.ST: Kepler Cheuvreux raises to buy from hold |
* HSBC Holdings Plc HSBA.L: Barclays raises target price to 940p from 820p |
* IAG ICAG.L: Goldman Sachs cuts to neutral from buy |
* IAG ICAG.L: Goldman Sachs raises target price to 375p from 300p |
* Infineon Technologies AG IFXGn.DE: Bernstein raises PT to EUR 46 from EUR 36 |
* Infineon Technologies AG IFXGN.DE: HSBC raises target price to EUR 49 from EUR 37 |
* Interroll Holding AG INRN.S: Berenberg cuts target price to CHF 2,500 from CHF 2,700 |
* Julius Baer Gruppe AG BAER.S: Citigroup cuts target price to CHF 60 from CHF 67 |
* Julius Baer Gruppe AG BAER.S: Citigroup cuts to neutral from buy |
* Kongsberg KOG.OL: Pareto cuts to hold from buy; target price NOK 1,250 |
* Koninklijke Ahold Delhaize AD.AS: KBC raises PT to EUR 38 from EUR 32.50; rating buy |
* L'Oréal OREP.PA: Barclays cuts target price to EUR 422 from EUR 424 |
* L'Oréal OREP.PA: Berenberg cuts target price to EUR 454 from EUR 502 |
* L'Oréal OREP.PA: Stifel cuts target price to EUR 395 from EUR 410 |
* Maersk MAERSKb.CO: Arctic Securities cuts target price to DKK 16,000 from DKK 17,310 |
* Neste NESTE.HE: TD Cowen cuts target price to EUR 15 from EUR 19 |
* Neste NESTE.HE: UBS cuts target price to EUR 15 from EUR 22 |
* OMV AG OMVV.VI: HSBC cuts target price to EUR 42 from EUR 46 |
* OMV AG OMVV.VI: HSBC cuts to hold from buy |
* Orsted ORSTED.CO: Morgan Stanley cuts target price to DKK 370 from DKK 400 |
* Pernod Ricard PERP.PA: Deutsche Bank cuts target price to EUR 103 from EUR 104 |
* Pluxee NV PLX.PA: Jefferies initiates coverage with hold rating; PT EUR 21.60 |
* Raiffeisen Bank International AG RBIV.VI: Barclays raises PT to EUR 28 from EUR 26 |
* Randstad RAND.AS: Deutsche Bank cuts target price to EUR 40 from EUR 46 |
* Rockwool ROCKb.CO: Morgan Stanley cuts target price to DKK 2,574 from DKK 2,589 |
* Rockwool ROCKb.CO: UBS cuts target price to DKK 2,480 from DKK 2,525 |
* Rockwool ROCKb.CO: UBS cuts to sell from neutral |
* Safestore Holdings Plc SAFE.L: Morgan Stanley cuts target price to 650p from 940p |
* SAP SE SAPG.DE: Stifel raises target price to EUR 300 from EUR 265 |
* SCA AB SCAb.ST: Morgan Stanley raises target price to SEK 154 from SEK 142 |
* Shurgard Self Storage Ltd SHUR.BR: Morgan Stanley cuts PT to EUR 37 from EUR 42 |
* Siemens SIEGn.DE: Morgan Stanley raises target price to EUR 235 from EUR 225 |
* Societe Generale SOGN.PA: UBS raises target price to EUR 40 from EUR 33.80 |
* Spectris Plc SXS.L: JP Morgan raises target price to 3,450p from 2,650p |
* Spectris Plc SXS.L: JP Morgan raises to overweight from neutral |
* Standard Chartered Plc STAN.L: Barclays raises target price to 1,100p from 970p |
* Stora Enso STERV.HE: JP Morgan cuts target price to EUR 10.90 from EUR 11.70 |
* Svenska Handelsbanken SHBa.ST: Barclays cuts target price to SEK 111 from SEK 112 |
* Swatch Group AG UHR.S: Berenberg cuts target price to CHF 150 from CHF 160 |
* THG Plc THG.L: Jefferies resumes coverage with buy rating; price target 75p |
* UBS Group AG UBSG.S: HSBC raises target price to CHF 36 from CHF 32 |
* Universal Music Group UMG.AS: UBS raises target price to EUR 31 from EUR 26 |
* Vestas VWS.CO: Deutsche Bank raises target price to DKK 150 from DKK 145 |
* Victrex Plc VCTX.L: Deutsche Bank raises target price to 1,280p from 1,160p |
* Victrex Plc VCTX.L: Deutsche Bank raises to buy from hold |
* Vinci SA SGEF.PA: Deutsche Bank raises target price to EUR 138 from EUR 129 |
* Warpaint London Plc W7L.L: Berenberg raises target price to 700p from 680p |
* Wartsila Corporation WRT1V.HE: Barclays raises target price to EUR 11.50 from EUR 10.50 |
* Wartsila Corporation WRT1V.HE: Deutsche Bank raises PT to EUR 19 from EUR 18 |
* Yara YAR.OL: Deutsche Bank raises target price to NOK 340 from NOK 330 |
* Yara YAR.OL: Scotiabank cuts target price to NOK 350 from NOK 380 |
Related Articles
Fed at a Crossroads: Powell Faces the Spotlight at Jackson Hole in a Moment of Fed Uncertainty
TradingKey - The annual Jackson Hole Symposium is currently underway, with Federal Reserve Chair Jerome Powell’s speech on Friday, August 22, drawing global attention. Amid growing internal divisions within the Fed and external pressure from the Trump administration to reshape its leadership, will
[Reuters Analysis] Powell's last Jackson Hole speech could pack a punch: McGeever
By Jamie McGeever ORLANDO, Florida, Aug 20 (Reuters) - Financial markets are taking in a collective breath ahead of Jerome Powell's eighth and final keynote Jackson Hole speech as Federal Reserve Chair. If the moves following his last seven are any guide, investors buckle up for a bumpy ride....Powell's Jackson Hole Speech: For U.S. Stocks, Hawk or Dove Signal Could Be a Lose-Lose?
TradingKey - As U.S. inflation and labor market data show signs of rebalancing, Treasury traders and Wall Street banks have largely priced in a rate cut at the September FOMC meeting — the first of 2025. Yet both a more dovish-than-expected tone and a potential surprise hawkish signal from Fed Chair
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
Ethereum Price Prediction: Will ETH Extend the Rally? What’s the Future Trend?
Ethereum's impressive 2025 rally has been largely fueled by inflows from spot ETFs and a surge in institutional holdings, signaling growing confidence in its role as a core asset in the crypto market. However, to officially confirm the start of a new bull cycle, ETH must break above the critical $4,
