EUROPE RESEARCH ROUNDUP-Deliveroo, Endesa, Natwest Group

Barclays BARC.L: Jefferies raises target price to 405p from 395p

Deliveroo ROO.L: HSBC raises target price to 180p from 170p

Endesa ELE.MC: Goldman Sachs cuts to sell

Evolution EVOG.ST: Deutsche Bank raises to hold from sell

Natwest Group Plc NWG.L: Jefferies raises target price to 530p from 520p

ADP ADP.PA: Citigroup raises target price to EUR 113 from EUR 110

Ahold Delhaize AD.AS: Barclays raises target price to EUR 35 from EUR 31

Aib Group Plc AIBG.I: JP Morgan cuts target price to EUR 6.4 from EUR 7.3

Alzchem Group AG ACT1.DE: Berenberg raises target price to EUR 145 from EUR 120

Ams Osram AMS.S: Deutsche Bank cuts target price to CHF 8.50 from CHF 10

Arcadis NV ARDS.AS: UBS cuts target price to EUR 75 from EUR 79.50

Ariston Holding NV ARIS.MI: Morgan Stanley raises PT to EUR 3.4 from EUR 3.3

Arkema AKE.PA: Deutsche Bank cuts target price to EUR 85 from EUR 88

Arkema SA AKE.PA: HSBC cuts target price to EUR 84 from EUR 102

Arkema SA AKE.PA: Morgan Stanley cuts target price to EUR 99 from EUR 104

Aselsan ASELS.IS: HSBC raises target price to TRY 167 from TRY 120

Attendo AB (Publ) ATTE.ST: Kepler Cheuvreux raises PT to SEK 72 from SEK 70

Auto1 AG1G.DE: Barclays raises target price to EUR 28.5 from EUR 27

Banco Bpm BAMI.MI: Barclays raises target price to EUR 11 from EUR 10.6

Banco Bpm BAMI.MI: Deutsche Bank raises target price to EUR 10.60 from EUR 10

Bank of Ireland Group Plc BIRG.I: JP Morgan cuts PT to EUR 10.3 from EUR 11.6

Barclays BARC.L: Jefferies raises target price to 405p from 395p

BASF SE BASFn.DE: JP Morgan cuts target price to EUR 40 from EUR 45

Belimo BEAN.S: UBS raises target price to CHF 510 from CHF 445

BMW BMWG.DE: Berenberg cuts target price to EUR 91 from EUR 92

BMW BMWG.DE: Deutsche Bank cuts target price to EUR 85 from EUR 90

BMW BMWG.DE: Jefferies raises target price to EUR 88 from EUR 83

Boozt AB BOOZT.ST: Kepler Cheuvreux cuts target price to SEK 120 from SEK 140

British Land BLND.L: BofA Global Research raises price objective to 470p from 450p

Card Factory Plc CARDC.L: UBS cuts target price to 160p from 180p

Chrysalis Investments Ltd CHRY.L: Panmure Liberum cuts target price to 123p from 132p

CLS Holdings Plc CLSH.L: Peel Hunt cuts target price to 70p from 85p

Deliveroo ROO.L: HSBC raises target price to 180p from 170p

Deliveroo Plc ROO.L: Jefferies cuts to hold from buy; cuts PT to 180p from 225p

Demant A/S DEMANT.CO: Barclays cuts target price to DKK 220 from DKK 240

Deutsche Telekom AG DTEGn.DE: JP Morgan raises target price to EUR 43.5 from EUR 43

Diasorin SpA DIAS.MI: Morgan Stanley cuts target price to EUR 100 from EUR 102

Diasorin SpA DIAS.MI: UBS cuts target price to EUR 106 from EUR 116

DNB DNB.OL: UBS raises target price to NOK 242 from NOK 230

Endesa SA ELE.MC: Barclays raises target price to EUR 28.6 from EUR 26.4

Endesa SA ELE.MC: Goldman Sachs cuts to sell from neutral

Endesa SA ELE.MC: Morgan Stanley raises target price to EUR 25 from EUR 24

Endesa SA ELE.MC: UBS raises target price to EUR 25.60 from EUR 25.20

Evolution EVOG.ST: Deutsche Bank cuts target price to SEK 689 from SEK 774.50

Evolution EVOG.ST: Deutsche Bank raises to hold from sell

Fasadgruppen Group AB (Publ) FG.ST: Kepler Cheuvreux raises PT to SEK 25 from SEK 23

Ferrari RACE.MI: RBC cuts target price to EUR 490 from EUR 500

Fresenius Medical Care AG FMEG.DE: Barclays raises PT to EUR 43 from EUR 40.5

Fresenius SE & Co KGaA FREG.DE: Barclays raises target price to EUR 49.5 from EUR 49

Fresenius SE & Co KGaA FREG.DE: UBS raises target price to EUR 49 from EUR 47

Geberit AG GEBN.S: JP Morgan raises target price to CHF 500 from CHF 495

Gjensidige Forsikring GJFG.OL: UBS initiates coverage with neutral rating and PT NOK 255

Great Portland Estates Plc GPEG.L: BofA Global Research raises PO to 360p from 320p

Hammerson HMSO.L: UBS cuts target price to 245p from 305p

Heidelberg Materials HEIG.DE: RBC raises target price to EUR 206 from EUR 180

Heidelberger Druckmaschinen HDDG.DE: Kepler Cheuvreux raises PT to EUR 1.30 from EUR 1

Hellofresh SE HFGG.DE: Berenberg cuts target price to EUR 1.40 from EUR 2.75

Hugo Boss BOSSn.DE: Deutsche Bank raises target price to EUR 44 from EUR 43

IMI Plc IMI.L: JP Morgan cuts target price to 2,260p from 2,290p

Imperial Brands Plc IMB.L: Barclays raises target price to 3650p from 3350p

Intercos S.P.A. ICOS.MI: Morgan Stanley cuts target price to EUR 16 from EUR 17

Italgas IG.MI: Barclays raises target price to EUR 7.2 from EUR 7

Ithaca Energy Plc ITH.L: BofA Global Research reinstates coverage with buy rating

Ithaca Energy Plc ITH.L: BofA Global Research reinstates coverage with PO 170p

JCDecaux JCDX.PA: UBS cuts target price to EUR 15.60 from EUR 18.50

JD Wetherspoon JDW.L: Morgan Stanley raises target price to 740p from 700p

Jungheinrich AG JUNG_p.DE: Barclays raises target price to EUR 42 from EUR 41

Jungheinrich AG JUNG_p.DE: Citigroup raises target price to EUR 38 from EUR 33

Jyske Bank JYSK.CO: UBS raises target price to DKK 600 from DKK 571

Kion Group KGX.DE: HSBC raises target price to EUR 49 from EUR 46

Kloeckner & Co SE KCOGn.DE: Kepler Cheuvreux cuts target price to EUR 9.30 from EUR 10

Kongsberg Automotive ASA KOA.OL: Kepler Cheuvreux cuts PT to NOK 1.50 from NOK 1.65

Koninklijke Ahold Delhaize NV AD.AS: BofA Global Research raises PO to EUR 40 from EUR 39

Koninklijke Ahold Delhaize NV AD.AS: Kepler Cheuvreux cuts to hold from buy

Koninklijke Ahold Delhaize NV AD.AS: Kepler Cheuvreux raises PT to EUR 40 from EUR 39

Koninklijke Philips NV PHG.AS: Morgan Stanley cuts PT to EUR 23 from EUR 26.5

Land Securities LAND.L: BofA Global Research raises price objective to 720p from 700p

Landis+Gyr Group AG LANDI.S: Kepler Cheuvreux raises PT to CHF 56 from CHF 50

Legrand LEGD.PA: Barclays raises target price to EUR 112 from EUR 111

Legrand LEGD.PA: Deutsche Bank raises target price to EUR 115 from EUR 112

Legrand LEGD.PA: Kepler Cheuvreux cuts target price to EUR 116 from EUR 120

Lloyds LLOY.L: Jefferies raises target price to 92p from 90p

Logistea AB LOGIa.ST: Kepler Cheuvreux raises PT to SEK 21 from SEK 20

Lottomatica LTMC.MI: Deutsche Bank raises PT to EUR 22.44 from EUR 21.44

Lottomatica Group LTMC.MI: Kepler Cheuvreux raises PT to EUR 24 from EUR 22

Natwest Group Plc NWG.L: Barclays raises target price to 620p from 580p

Natwest Group Plc NWG.L: Jefferies raises target price to 530p from 520p

Next Plc NXT.L: JP Morgan raises target price to 11,700p from 10,500p

Next Plc NXT.L: Peel Hunt cuts to hold from buy; raises PT to 11,500p from 11,000p

Nordisk Bergteknik AB (Publ) NORBb.ST: Kepler Cheuvreux cuts PT to SEK 17 from SEK 19

Novo Nordisk NOVOb.CO: BofA Global Research cuts price objective to DKK 850 from DKK 910

Novo Nordisk NOVOb.CO: UBS cuts target price to DKK 700 from DKK 750

NP3 NP3.ST: Kepler Cheuvreux raises target price to SEK 275 from SEK 265

Orsted ORSTED.CO: Citi cuts target to DKK 211 from 300

Orsted ORSTED.CO: Citi Dowgrades to sell ON balance sheet concerns, US outlook

Orsted ORSTED.CO: Kepler Cheuvreux cuts target price to DKK 300 from DKK 350

Osb Group OSBO.L: Jefferies raises target price to 565p from 540p

Raiffeisen Bank International AG RBIV.VI: Barclays raises PT to EUR 29 from EUR 28

Raiffeisen Bank International AG RBIV.VI: Citigroup raises PT to EUR 29.30 from EUR 29

Rathbones Group RAT.L: Peel Hunt cuts target price to 2,100p from 2,225p

Rational AG RAAG.DE: HSBC cuts target price to EUR 750 from EUR 760

Rational AG RAAG.DE: HSBC raises to hold from reduce

S4 Capital Plc SFOR.L: Peel Hunt cuts target price to 30p from 40p

Safilo Group SpA SFLG.MI: Kepler Cheuvreux cuts PT to EUR 1.20 from EUR 1.30

Sats ASA SATSS.OL: Kepler Cheuvreux raises PT to NOK 42 from NOK 35

Schaeffler AG SHA0.DE: Kepler Cheuvreux raises PT to EUR 4.50 from EUR 4.10

Schibsted ASA SCHA.OL: Kepler Cheuvreux raises PT to NOK 405 from NOK 375

Scor SE SCOR.PA: Citigroup raises target price to EUR 31.46 from EUR 29.90

Scor SE SCOR.PA: Morgan Stanley raises target price to EUR 32.5 from EUR 31.8

Sensys Gatso Group AB SGG.ST: Kepler Cheuvreux cuts PT to SEK 72 from SEK 95

Siemens Healthineers AG SHLG.DE: Barclays cuts target price to EUR 62 from EUR 65

Siemens Healthineers AG SHLG.DE: Jefferies cuts target price to EUR 60 from EUR 65

Siemens Healthineers AG SHLG.DE: JP Morgan cuts target price to EUR 60.5 from EUR 69.1

Skanska AB SKAb.ST: Jefferies cuts to hold from buy; cuts PT to SEK 235 from SEK 245

Skanska AB SKAb.ST: Kepler Cheuvreux raises target price to SEK 260 from SEK 250

Swiss Life Holding SLHN.S: Barclays raises target price to CHF 809 from CHF 800

Telecom Italia TLIT.MI: New Street Research cuts to neutral from buy

Telecom Plus TEP.L: Berenberg initiates coverage with buy rating; target price 2600p

Telia TELIA.ST: JP Morgan raises target price to SEK 37 from SEK 36

Thg Plc THG.L: Jefferies cuts target price to 65p from 75p

ThyssenKrupp Nucera AG & Co KGaA NCH2.DE: Citigroup cuts PT to EUR 17 from EUR 18

Tomra Systems TOM.OL: Kepler Cheuvreux cuts target price to NOK 164 from NOK 165

Tomra Systems TOM.OL: Kepler Cheuvreux raises to hold from reduce

Trainline Plc TRNT.L: Barclays cuts target price to 270p from 325p

Trainline Plc TRNT.L: JP Morgan cuts target price to 325p from 370p

Tryg A/S TRYG.CO: UBS initiates coverage with buy rating and target price DKK 180

UBS Group AG UBSG.S: Morgan Stanley raises target price to CHF 28 from CHF 27

Vonovia SE VNAn.DE: JP Morgan raises target price to EUR 35.5 from EUR 34

Weir WEIR.L: UBS raises to buy from neutral

Whitbread WTB.L: Citigroup raises target price to GBP 38 from GBP 33

Wolters Kluwer NV WLSNc.AS: Barclays raises target price to EUR 180 from EUR 170

Wolters Kluwer NV WLSNc.AS: Kepler Cheuvreux cuts target price to EUR 186 from EUR 193